City plans $25M TIF-backed State Street redevelopment

During consultation with taxing entities, Bettendorf outlined a $25 million redevelopment project by Duck Creek Falls, LLC that will replace the blighted State Street Trailer Park with 168 workforce housing units. A forthcoming Development Agreement will provide up to $2.7 million in TIF incentives over ten years and establish a $21 million minimum assessment.

Scope & details

The full contract record, as filed.

Contract amount

Estimated project cost $25,000,000; TIF support capped at $2,700,000

Contract type

FINANCIAL_SERVICES

Contract term

TIF incentives expected over a 10-year period

Renewal

TIF rebate period limited to approximately 10 years and capped at $2.7 million; agreement may include standard amendment or extension provisions but none are detailed here.

Document type

AgendaPacket

Source document

City of Bettendorf Agenda Packet 2026-08-31

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Bettendorf?

Duck Creek Falls Llc was awarded this financial services contract by City of Bettendorf, as recorded on August 31, 2026. The contract value is Estimated project cost $25,000,000; TIF support capped at $2,700,000.

How much is the Duck Creek Falls Llc contract with City of Bettendorf worth?

The Duck Creek Falls Llc contract with City of Bettendorf is valued at Estimated project cost $25,000,000; TIF support capped at $2,700,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Bettendorf Agenda Packet 2026-08-31 (AgendaPacket), dated August 31, 2026 from City of Bettendorf. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Duck Creek Falls Llc hold?

Duck Creek Falls 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 Duck Creek Falls Llc's profile

What is City of Bettendorf currently buying?

Explore City of Bettendorf's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View City of Bettendorf's profile