Property Tax Abatement for Peerless Products Ended
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Description
The City of Iola amended its economic incentive agreement with Peerless Products, ending the company's remaining 5-year property tax abatement due to unmet staffing requirements. Council voted to enforce the agreement's clause #1 provision.
Contract Details
Contract Amount
Nullification of remaining 5 years of 50% city property tax abatement
Vendor
PEERLESS PRODUCTS
Agency
City of Hartford, KS
Contract Type
OTHER
Document Date
January 26, 2026
Contract Term
5 years (nullified)
Renewal Info
5 years remaining on abatement were nullified due to noncompliance. No extension or renewal; agreement enforcement action taken.
More from PEERLESS PRODUCTS
More from City of Hartford
City of Iola Council Meeting Minutes January 2026
city-of-hartford-meeting-notice-2025-06-23_1f2.pdf
city-of-hartford-meeting-notice-2025-06-23_1f2.pdf
city-of-hartford-meeting-minutes-2025-06-19_e8d.pdf
city-of-harper-meeting-notice-2025-06-09_15c.pdf
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