Peru approves 25-year TIF agreement with MCEDA
City of PeruCity · Peru, IN- Approved
- Apr 6, 2026
- Term
- 25 years
The 30-second brief
The City of Peru Council approved an interlocal agreement with MCEDA establishing a 25-year TIF reimbursement arrangement, allocating 90% of proceeds to the city and 10% to MCEDA. The agreement formalizes long-term revenue sharing to support economic development initiatives.
MCEDA holds this contract with City of Peru.
Term as filed: 25 years.
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Contract details
- Document date
- April 6, 2026
- Term
- 25 years
- Vendor
- MCEDA
- Agency
- City of Peru
- Source document
- City of Peru Common Council Minutes April 2026 (Minutes)
MCEDA's other public contracts
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Questions about this contract
Who was awarded the government contract by City of Peru?
MCEDA was awarded this government contract by City of Peru, as recorded on April 6, 2026.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Peru Common Council Minutes April 2026 (Minutes), dated April 6, 2026 from City of Peru. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does MCEDA hold?
MCEDA may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
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What is City of Peru currently buying?
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