FACILITIESRECOMMENDED

RDA backs incentive package for Pelton multifamily project

Chilton’s Redevelopment Authority recommended selling TID 7 Lot B to Pelton Builders LLC for a 48‑unit multifamily project, backed by a $1,302,285 incentive package including PAYGO rebates through 2038. The proposed development aims to add $6,215,000 in taxable value and significantly improve the district’s cash flow.

Status
RECOMMENDED
Document date
March 17, 2026
Contract type
FACILITIES
Vendor
Pelton Builders Llc
Agency
Chilton Housing Authority · WI

Trusted by teams at

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
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

Scope & details

The full contract record, as filed.

Contract amount
1.6 acres of land for $1; $150,000 cash contribution; forgiveness of $12,928 utility assessment; PAYGO incentives not to exceed $1,062,748; total proposed incentive $1,302,285
Contract type
FACILITIES
Contract term
PAYGO incentives 2028–2038, with potential standard three‑year TID extension to 2041
Renewal date
2038-12-31
Renewal
PAYGO municipal revenue obligations would run from 2028–2038 with potential district extension to 2041; no automatic renewal beyond TID life.
Document type
Agenda
Source document
City of Chilton Common Council Meeting Agenda March 2026

Related contracts

Other contracts from Pelton Builders Llc.

View all →

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Chilton Housing Authority?

Pelton Builders Llc was awarded this facilities contract by Chilton Housing Authority, as recorded on March 17, 2026. The contract value is 1.6 acres of land for $1; $150,000 cash contribution; forgiveness of $12,928 utility assessment; PAYGO incentives not to exceed $1,062,748; total proposed incentive $1,302,285.

How much is the Pelton Builders Llc contract with Chilton Housing Authority worth?

The Pelton Builders Llc contract with Chilton Housing Authority is valued at 1.6 acres of land for $1; $150,000 cash contribution; forgiveness of $12,928 utility assessment; PAYGO incentives not to exceed $1,062,748; total proposed incentive $1,302,285, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in City of Chilton Common Council Meeting Agenda March 2026 (Agenda), dated March 17, 2026 from Chilton Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Pelton Builders Llc hold?

Pelton Builders Llc 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 Pelton Builders Llc's profile

What is Chilton Housing Authority currently buying?

Explore Chilton Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Chilton Housing Authority's profile

Bring us your territory.
We'll show you what is forming.

B2G and SLED sales intelligence. Surface government procurement signals from 80,000+ state, local, and education agencies months before the RFP.

Try Civic IQ for free