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City Sells Land for $1 to Stooges LLC

Town of Waterloo
Disclosed value
$1.00
From agenda
Document date
May 19, 2025

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THE 30-SECOND BRIEF

What it covers

City to sell property for $1.00 to 3 Stooges, LLC, for development. Includes tax rebates and minimum assessment agreement, south of 115 Warp Drive, with Development Agreement including ten years of fifty percent tax rebates, and a Minimum Assessment Agreement of $3,200,000.00.

Who holds it

3 Stooges LLC holds this development agreement contract with Town of Waterloo. Its other public contracts on record include work for City of Waterloo and Waterloo Housing Authority.

Contract details

Contract type
Development Agreement
Amount
$1.00
Document date
May 19, 2025
Term
NA
Vendor
3 Stooges LLC
Agency
Town of Waterloo
Source document
town-of-waterloo-agenda-2025-05-19_c74.pdf (Agenda)

3 Stooges LLC's other public contracts

City of Waterloo, Iowa3 Stooges LLC Development Agreement recorded 05.02.2022 · Oct 6, 2025UndisclosedCity of Waterloo, IowaGeraldine Lots Closing Reimbursed to 3 STOOGES LLC · Sep 8, 2025$300Waterloo Housing Authority, IowaDevelopment Agreement Approved for 3 Stooges, LLC · Aug 4, 2025City of Waterloo, Iowa3 Stooges LLC Gets $604,612 Development Grant · Jul 21, 2025$604.6KCity of Waterloo, Iowa3 Stooges, LLC gets development agreement approved · Jul 21, 2025$604.6KAll 3 Stooges LLC contractsVendor profile

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Black Hawk SprinklersSprinkler system deal for server room · Jul 7, 2025$40.7KAECOMAECOM to provide airport fence services · Jul 7, 2025$80.9KAECOMAECOM to conduct traffic engineering study · Jul 7, 2025$35.3KLife Line Emergency VehiclesAmbulance purchase approved from Life Line · Jul 7, 2025$397.3KItg CommunicationsITG Communications change order leads to savings · Jul 7, 2025-$215,078.15All Town of Waterloo activityAgency profile

Questions about this contract

Who was awarded the development agreement contract by Town of Waterloo?

3 Stooges LLC was awarded this development agreement contract by Town of Waterloo, as recorded on May 19, 2025. The contract value is $1.00.

How much is the 3 Stooges LLC contract with Town of Waterloo worth?

The 3 Stooges LLC contract with Town of Waterloo is valued at $1.00, covering development agreement work.

What type of contract is this?

This is a Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-waterloo-agenda-2025-05-19_c74.pdf (Agenda), dated May 19, 2025 from Town of Waterloo. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does 3 Stooges LLC hold?

3 Stooges LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Waterloo currently buying?

Explore Town of Waterloo's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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