Civic IQ
OTHERAMENDED

City of Iola Council Meeting Minutes January 2026

Property Tax Abatement for Peerless Products Ended

Nullification of remaining 5 years of 50% city property tax abatementCity of HartfordPEERLESS PRODUCTSJanuary 26, 2026

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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

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.

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