IGA Extension with Park Meadows BID for Thirty Years
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Description
The City of Lone Tree reviewed a resolution to extend its intergovernmental agreement with the Park Meadows Business Improvement District, allowing the sales tax shareback for a full thirty years to finance redevelopment-related public improvements.
Contract Details
Vendor
PARK MEADOWS BUSINESS IMPROVEMENT DISTRICT
Agency
City of Lone Tree, IA
Contract Type
OTHER
Document Date
October 17, 2023
Contract Term
Thirty (30) years (Full Term)
Renewal Info
Extends original IGA and first amendment (dated 2006) to a cumulative 30-year term for the sales tax shareback. No further renewal details or auto-renewal language provided.
More from PARK MEADOWS BUSINESS IMPROVEMENT DISTRICT
More from City of Lone Tree
lone_tree_city_council_minutes_december_2025.pdf
lone_tree_city_council_minutes_december_2025.pdf
lone_tree_city_council_minutes_december_2025.pdf
lone_tree_city_council_minutes_december_2025.pdf
lone_tree_city_council_minutes_december_2025.pdf
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