Belton Considers $7 Million Uptown Sales Tax Agreement | City of Belton | PETRA UPTOWN LAND LLC

Scope & details

The full contract record, as filed.

Contract amount

Up to $400,000 per year; maximum aggregate reimbursement of $7,000,000; $1,500 annual administrative fee

Contract type

OTHER

Contract term

Through the end of the calendar year containing the seventeenth anniversary of the first receipt of project-generated sales tax revenues, or until the $7,000,000 reimbursement cap is reached, whichever occurs first

Renewal

The agreement has a 17th-anniversary term tied to the Trigger Date and terminates earlier when the $7,000,000 maximum reimbursement is reached. Payments are subject to annual appropriation and actual project-generated sales tax revenues.

Document type

AgendaPacket

Source document

City of Belton AgendaPacket September 22, 2026

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City of Belton AgendaPacket September 22, 2026

PENDING

City of Belton, MissouriIndustrial development revenue bonds in an aggregate principal amount not to exceed $250,500,000; project investment approximately $250,000,000Sep 22, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Belton?

Petra Uptown Land Llc was awarded this government contract by City of Belton, as recorded on September 22, 2026. The contract value is Up to $400,000 per year; maximum aggregate reimbursement of $7,000,000; $1,500 annual administrative fee.

How much is the Petra Uptown Land Llc contract with City of Belton worth?

The Petra Uptown Land Llc contract with City of Belton is valued at Up to $400,000 per year; maximum aggregate reimbursement of $7,000,000; $1,500 annual administrative fee.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Belton AgendaPacket September 22, 2026 (AgendaPacket), dated September 22, 2026 from City of Belton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Petra Uptown Land Llc hold?

Petra Uptown Land 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.

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