CONTRACTAPPROVED

Development agreement and incentives approved for 3 Stooges LLC

Town of Waterloo
Disclosed value
Land acquisition grant of $604,612.80; seven years of 50% tax rebates
From agenda
Approved
Jul 21, 2025
Term
Seven years of 50% tax rebates

The 30-second brief

What it covers

The council approved a Development Agreement with 3 Stooges, LLC for two 8,200-square-foot commercial buildings south of 2661 Geraldine Road, including a $604,612.80 land acquisition grant and seven years of 50% tax rebates. The Mayor and City Clerk are authorized to execute the agreement.

Who holds it

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

What happens next

Term as filed: Seven years of 50% tax rebates.

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Contract details

Amount
Land acquisition grant of $604,612.80; seven years of 50% tax rebates
Document date
July 21, 2025
Term
Seven years of 50% tax rebates
Source document
waterloo-city-council-agenda-contracts-grants-development-projects-jul-21-2025_334.md (Agenda)

3 Stooges LLC's other public contracts

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Questions about this contract

Who was awarded the government contract by Town of Waterloo?

3 Stooges LLC was awarded this government contract by Town of Waterloo, as recorded on July 21, 2025. The contract value is Land acquisition grant of $604,612.80; seven years of 50% tax rebates.

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 Land acquisition grant of $604,612.80; seven years of 50% tax rebates.

What type of contract is this?

This is a government contract, documented as a agenda record.

Where was this contract approved?

This contract appears in waterloo-city-council-agenda-contracts-grants-development-projects-jul-21-2025_334.md (Agenda), dated July 21, 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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