Property Tax Abatement for Peerless Products Ended
City of IolaCity · Iola, KS- Disclosed value
- Nullification of remaining 5 years of 50% city property tax abatement
- From minutes
- Document date
- Jan 26, 2026
- Term
- 5 years (nullified)
The 30-second brief
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.
Peerless Products holds this contract with City of Iola. Its other public contracts on record include work for Vernon County and Cherryvale Unified School District 447.
Term as filed: 5 years (nullified).
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Contract details
- Amount
- Nullification of remaining 5 years of 50% city property tax abatement
- Document date
- January 26, 2026
- Term
- 5 years (nullified)
- Vendor
- Peerless Products
- Agency
- City of Iola
- Source document
- City of Iola Council Meeting Minutes January 2026 (Minutes)
Peerless Products's other public contracts
More City of Iola contracts
Questions about this contract
Who was awarded the government contract by City of Iola?
Peerless Products was awarded this government contract by City of Iola, as recorded on January 26, 2026. The contract value is Nullification of remaining 5 years of 50% city property tax abatement.
How much is the Peerless Products contract with City of Iola worth?
The Peerless Products contract with City of Iola is valued at Nullification of remaining 5 years of 50% city property tax abatement.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in City of Iola Council Meeting Minutes January 2026 (Minutes), dated January 26, 2026 from City of Iola. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Peerless Products hold?
Peerless Products 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 Iola currently buying?
Explore City of Iola's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.