Civic IQ
FINANCIAL_SERVICESPENDING

City of Sioux Falls City Council Meeting Agenda March 2026

Ordinance Introduced for Smithfield TIF Agreement

Tax increment financing up to $89,900,072City of Sioux FallsSMITHFIELD PACKAGE MEATS CORPMarch 8, 2026

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Derivita logo
Comcate logo
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IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of Sioux Falls introduced an ordinance for up to $89.9 million in tax increment financing for Smithfield Package Meats Corp. for Tax Increment District #27; final approval pending.

Contract Details

Contract Amount

Tax increment financing up to $89,900,072

Vendor

SMITHFIELD PACKAGE MEATS CORP

Agency

City of Sioux Falls, SD

Contract Type

FINANCIAL_SERVICES

Document Date

March 8, 2026

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