City of Clear Lake Awards Financial Services Contract to Clsc Properties (July 2026)

The City of Clear Lake approved a development agreement with CLSC Properties that grants a 75% rebate of newly generated property taxes for up to seven years or a maximum of $150,000 to support an expansion project. The agreement is part of an amendment to the Clear Lake Consolidated Urban Renewal Area plan.

Scope & details

The full contract record, as filed.

Contract amount

Property tax rebate of 75% of newly generated property taxes for seven years or $150,000

Contract type

FINANCIAL_SERVICES

Contract term

Seven years or until $150,000 cap is reached

Renewal

Tax increment rebate is limited to seven years or until the $150,000 cap is reached; annual appropriation of TIF is authorized under the urban renewal plan amendment.

Document type

Minutes

Source document

Clear Lake City Council Minutes 2026-07-20

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Clear Lake?

Clsc Properties was awarded this financial services contract by City of Clear Lake, as recorded on July 20, 2026. The contract value is Property tax rebate of 75% of newly generated property taxes for seven years or $150,000.

How much is the Clsc Properties contract with City of Clear Lake worth?

The Clsc Properties contract with City of Clear Lake is valued at Property tax rebate of 75% of newly generated property taxes for seven years or $150,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Clear Lake City Council Minutes 2026-07-20 (Minutes), dated July 20, 2026 from City of Clear Lake. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Clsc Properties hold?

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

View Clsc Properties's profile

What is City of Clear Lake currently buying?

Explore City of Clear Lake's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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