Crosvik Development awarded $1.5M rebate for 15 years
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Description
Crosvik Development, LLC approved for a rebate of $1,500,000 over 15 years as part of urban renewal tax increment financing, with final payment due June 1, 2039.
Contract Details
Contract Amount
$1,500,000
Vendor
CROSVIK DEVELOPMENT
Agency
City of Peosta, IA
Contract Type
Rebate
Document Date
December 9, 2025
Contract Term
15 years
Renewal Date
6/1/2039
Renewal Info
Rebate approved for 15 years with final payment 6/1/2039
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city_council_meeting_agenda_december_9_2025.pdf
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city_council_meeting_agenda_december_9_2025.pdf
city_council_meeting_agenda_december_9_2025.pdf
city_council_meeting_agenda_december_9_2025.pdf
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