City pursues TID 7 multifamily deal with Pelton Builders

The City of Chilton is negotiating a Letter of Intent with Pelton Builders LLC for a 48‑unit multifamily housing project on TID 7 Lot B, including land conveyance at $1 and a package of tax increment–based incentives. The agreement would grant a six‑month exclusivity period while details of the development agreement, PAYGO rebates, and a $150,000 forgivable loan are finalized.

Scope & details

The full contract record, as filed.

Contract type

FACILITIES

Contract term

Six (6) month exclusivity period from mutual execution of Letter of Intent

Renewal

Exclusivity period runs six months from mutual execution; full development agreement to be negotiated during this period and would supersede the Letter of Intent.

Document type

Agenda

Source document

City of Chilton Common Council Meeting Agenda March 2026

Related contracts

Other contracts from Pelton Builders Llc.

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City of Chilton Common Council Agenda Packet 2026-07-07

APPROVED

Chilton Housing Authority, Wisconsin$1,302,285.00Jul 7, 2026

City of Chilton Common Council Agenda Packet 2026-07-07

City of Chilton Common Council Meeting Agenda March 2026

Chilton Common Council Meeting Minutes March 2026

APPROVED

Chilton Housing Authority, WisconsinLand transfer at no cost; $150,000.00 cash upfront; $1,062,748.00 in tax rebates over ten years (approx. 20.9% of assessed value)Mar 17, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Chilton Housing Authority?

Pelton Builders Llc was awarded this facilities contract by Chilton Housing Authority, as recorded on March 17, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in City of Chilton Common Council Meeting Agenda March 2026 (Agenda), dated March 17, 2026 from Chilton Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pelton Builders Llc hold?

Pelton Builders Llc 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 Chilton Housing Authority currently buying?

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