OTHERAPPROVED

Development Agreement with PARSHVA LLC Approved for Gas Station Project

The Elkhart City Council approved a development agreement with PARSHVA LLC, authorizing annual Tax Increment Financing rebates. The 10-year term includes a minimum assessment of $2.5 million and supports a new gas station project.

Document date · March 18, 2024

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WithersRavenel logo
Derivita logo
Comcate logo
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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
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Scope & details

The full contract record, as filed.

Contract amount
Annual Tax Increment rebates: 95% for years 1-5, 90% for years 6-10
Contract type
OTHER
Contract term
10 years
Renewal date
2034-03-18
Renewal
Agreement provides for TIF rebate terms but does not state renewals; ten-year total commitment.
Document type
Meeting Minutes
Source document
city-of-elkader-meeting-minutes-2024-03-18_7d8.txt

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Elkader?

Parshva Llc was awarded this government contract by City of Elkader, as recorded on March 18, 2024. The contract value is Annual Tax Increment rebates: 95% for years 1-5, 90% for years 6-10.

How much is the Parshva Llc contract with City of Elkader worth?

The Parshva Llc contract with City of Elkader is valued at Annual Tax Increment rebates: 95% for years 1-5, 90% for years 6-10.

What type of contract is this?

This is a government contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-elkader-meeting-minutes-2024-03-18_7d8.txt (Meeting Minutes), dated March 18, 2024 from City of Elkader. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Parshva Llc hold?

Parshva 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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