Council Approves TIF Development Deal With Keystone
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Description
The Roland City Council approved Resolution 26-20 entering into a development agreement with Keystone Equity Group, L.L.C., backed by annual appropriation tax increment payments. The agreement pledges certain TIF revenues to support the project, with details to follow in formal documents.
Contract Details
Vendor
KEYSTONE EQUITY GROUP LLC
Agency
City of Roland, IA
Contract Type
OTHER
Document Date
April 1, 2026
Contract Term
Annual appropriation tax increment payments; term tied to tax increment financing schedule
Renewal Info
Development agreement funded via annual appropriation of tax increment revenues; renewal or continuation is governed by the TIF schedule in the formal agreement, not specified in the minutes.
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