City of Peosta Awards $1,500,000 Rebate Contract to Crosvik Development (December 2025)

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.

Document date · December 9, 2025

Track City of Peosta contracts

Get alerts when new contracts are awarded or existing ones approach renewal at City of Peosta.

Get started free

Create a free account · no credit card

Work in government? Get Civic IQ free

Scope & details

The full contract record, as filed.

Contract amount

$1,500,000

Contract type

Rebate

Contract term

15 years

Renewal date

6/1/2039

Renewal

Rebate approved for 15 years with final payment 6/1/2039

Document type

Agenda

Source document

city_council_meeting_agenda_december_9_2025.pdf

Related contracts

Other contracts from Crosvik Development.

View all →

city-of-peosta-agenda-2024-12-17_a52.txt

approved

City of Peosta, Iowa$1,500,000Dec 17, 2024

city-of-peosta-agenda-2024-12-17_7ea.txt

approved

City of Peosta, Iowa$1,500,000Dec 17, 2024

city-of-peosta-agenda-2024-12-17_22f.pdf

pending

City of Peosta, IowaNADec 17, 2024

city-of-peosta-agenda-2022-10-11_d8c.txt

City of Peosta, IowaNAOct 11, 2022

city-of-peosta-agenda-2022-10-11_6c2.txt

approved

City of Peosta, IowaNAOct 11, 2022

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the rebate contract by City of Peosta?

Crosvik Development was awarded this rebate contract by City of Peosta, as recorded on December 9, 2025. The contract value is $1,500,000.

How much is the Crosvik Development contract with City of Peosta worth?

The Crosvik Development contract with City of Peosta is valued at $1,500,000, covering rebate work.

What type of contract is this?

This is a Rebate contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city_council_meeting_agenda_december_9_2025.pdf (Agenda), dated December 9, 2025 from City of Peosta. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Crosvik Development hold?

Crosvik Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Crosvik Development's profile

What is City of Peosta currently buying?

Explore City of Peosta's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Peosta's profile