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Tax Increment Finance for Senior Living Community

City of Mitchell logoCity of Mitchell
Disclosed value
$2,518,558
From agenda
Document date
Jun 23, 2025
Term
20 years

The 30-second brief

What it covers

Tax increment financing supports senior living project, creating jobs. The City of Mitchell City Planning has reviewed the tax increment request.

Who holds it

Ppsl Mitchell holds this grant contract with City of Mitchell. Its other public contracts on record include work for city of Mitchell Housing & Redevelopment Comm.

What happens next

Term as filed: 20 years.

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Contract details

Contract type
Grant
Amount
$2,518,558
Document date
June 23, 2025
Term
20 years
Vendor
Ppsl Mitchell
Agency
City of Mitchell
Source document
city-of-mitchell-planning-commission-6-23-25-agenda_3e4.pdf (Agenda)

Ppsl Mitchell's other public contracts

city of Mitchell Housing & Redevelopment Comm, South DakotaPPSL Mitchell, LLC awarded senior living contract · Jul 22, 2025$2.9MCity of Mitchell, South DakotaSenior Living Facility Receives $2.8M Funding · Jul 22, 2025$2.9MCity of Mitchell, South DakotaSenior Living Facility Receives $2.5M TIF Grant · Jun 12, 2025$2.5MAll Ppsl Mitchell contractsVendor profile

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Questions about this contract

Who was awarded the grant contract by City of Mitchell?

Ppsl Mitchell was awarded this grant contract by City of Mitchell, as recorded on June 23, 2025. The contract value is $2,518,558.

How much is the Ppsl Mitchell contract with City of Mitchell worth?

The Ppsl Mitchell contract with City of Mitchell is valued at $2,518,558, covering grant work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in city-of-mitchell-planning-commission-6-23-25-agenda_3e4.pdf (Agenda), dated June 23, 2025 from City of Mitchell. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ppsl Mitchell hold?

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

What is City of Mitchell currently buying?

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

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