CONTRACTPENDING

Multi-year PILOT agreement signed for Stoneleaf Reserve

City of Mishawaka logoCity of Mishawaka
Disclosed value
$102,838.00 - $149,815.55
From agenda
Document date
Jun 16, 2025
Term
20 years

The 30-second brief

What it covers

The City of Mishawaka and Stoneleaf Reserve, LP are entering into a Payment In Lieu Of Taxes (PILOT) agreement. Stoneleaf Reserve will be developing, owning and operating an affordable rental senior apartment facility on Douglas Road. Over 20 years, Stoneleaf Reserve will make payments ranging from $102,838.00 to $149,815.55

Who holds it

Stoneleaf Reserve holds this pilot (payment in lieu of taxes) contract with City of Mishawaka.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Pilot (Payment In Lieu Of Taxes)
Amount
$102,838.00 - $149,815.55
Document date
June 16, 2025
Term
20 years
Source document
city-of-mishawaka-common-council-meeting-agenda-june-16-2025_1e9.pdf (Agenda)

Stoneleaf Reserve's other public contracts

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Questions about this contract

Who was awarded the pilot (payment in lieu of taxes) contract by City of Mishawaka?

Stoneleaf Reserve was awarded this pilot (payment in lieu of taxes) contract by City of Mishawaka, as recorded on June 16, 2025. The contract value is $102,838.00 - $149,815.55.

How much is the Stoneleaf Reserve contract with City of Mishawaka worth?

The Stoneleaf Reserve contract with City of Mishawaka is valued at $102,838.00 - $149,815.55, covering pilot (payment in lieu of taxes) work.

What type of contract is this?

This is a Pilot (Payment In Lieu Of Taxes) contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-mishawaka-common-council-meeting-agenda-june-16-2025_1e9.pdf (Agenda), dated June 16, 2025 from City of Mishawaka. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Stoneleaf Reserve hold?

Stoneleaf Reserve 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 City of Mishawaka currently buying?

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

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