Mount Vernon City Council Minutes 2026-05-18
Mount Vernon Approves TIF Agreement with Mustang Land Company
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Description
The Mount Vernon City Council approved a five-year development agreement with Mustang Land Company, LLC for a TIF rebate of 70% each year. The agreement supports new development related to Mount Vernon Family Dentistry.
Contract Details
Contract Amount
Five-year TIF rebate of 70% each year
Vendor
MUSTANG LAND COMPANY LLC
Agency
City of Mount Vernon, IA
Contract Type
OTHER
Document Date
May 18, 2026
Contract Term
Five years
Renewal Date
2031-05-18
Renewal Info
Five-year term, no specific renewal details provided.
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