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FINANCIAL_SERVICESAPPROVED

Underwood City Council Regular Meeting Minutes 2026-05-12

TIF Payments Approved to Shiloh Properties

City of UnderwoodSHILOH PROPERTIESMay 12, 2026

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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
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Underwood City Council approved scheduled Tax Increment Financing payments to Shiloh Properties for FY 2026. These payments fulfill the city’s financial obligations under existing development agreements.

Contract Details

Vendor

SHILOH PROPERTIES

Agency

City of Underwood, IA

Contract Type

FINANCIAL_SERVICES

Document Date

May 12, 2026

Contract Term

FY 2026 (TIF payment cycle)

Renewal Info

Ongoing TIF obligations per pre-existing agreement; renewal terms not discussed.

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