Parkway C-2 School District Awards Financial Services Contract to City of Chesterfield Missouri (June 2025)

The City of Chesterfield and Parkway School District entered into a reimbursement agreement under which the City will allocate 10% of PILOTs attributable to Parkway’s levy rate into a segregated TIF account and use those funds to reimburse Parkway’s verified School District Capital Costs tied to the Chesterfield Regional Redevelopment Projects. The agreement runs for up to 23 years from each RPA’s TIF activation date and establishes procedures, limits, and reporting obligations for the annual reimbursements.

Scope & details

The full contract record, as filed.

Contract amount

Ten percent (10%) of PILOTs attributable to Parkway’s levy rate, deposited annually into a segregated account and used to reimburse verified School District Capital Costs

Contract type

FINANCIAL_SERVICES

Contract term

For each RPA located wholly or partially within Parkway, from that RPA’s Activation Date until 23 years following the Activation Date, unless earlier terminated by mutual agreement

Renewal

Agreement automatically terminates, as to each RPA, 23 years after that RPA’s Activation Date unless the parties mutually agree to earlier termination; no automatic renewals are provided, but amendments or early termination require mutual written consent.

Document type

Agreement

Source document

Parkway School District Reimbursement Agreement 2025-06-30

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Parkway C-2 School District?

City of Chesterfield Missouri was awarded this financial services contract by Parkway C-2 School District, as recorded on June 30, 2025. The contract value is Ten percent (10%) of PILOTs attributable to Parkway’s levy rate, deposited annually into a segregated account and used to reimburse verified School District Capital Costs.

How much is the City of Chesterfield Missouri contract with Parkway C-2 School District worth?

The City of Chesterfield Missouri contract with Parkway C-2 School District is valued at Ten percent (10%) of PILOTs attributable to Parkway’s levy rate, deposited annually into a segregated account and used to reimburse verified School District Capital Costs, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Parkway School District Reimbursement Agreement 2025-06-30 (Agreement), dated June 30, 2025 from Parkway C-2 School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Chesterfield Missouri hold?

City of Chesterfield Missouri 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 Parkway C-2 School District currently buying?

Explore Parkway C-2 School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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