CONTRACTAPPROVED

Development Agreement Approved with Heritage Estates

Approved: Jan 16, 2023

What it covers

The Iowa Falls City Council approved Resolution 2023-01, entering into a Development Agreement with Heritage Estates. The agreement includes city reimbursement for subdivision and platting and requires city work to begin by May 1, 2023, with provisions for pausing construction if interest rates exceed 8.5%.

Who holds it

Heritage Estates holds this contract with City of Iowa Falls. Its other public contracts on record include work for City of North Vernon and Village of Albion.

What happens next

Term as filed: City work to start by May 1, 2023; construction may pause if interest rates exceed 8.5%.

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Contract details

Document date: January 16, 2023
Term: City work to start by May 1, 2023; construction may pause if interest rates exceed 8.5%
Vendor: Heritage Estates
Agency: City of Iowa Falls
Source document: city-of-iowa-falls-meeting-minutes-2023-01-16_580.pdf (Meeting Minutes)

Heritage Estates's other public contracts

City of North Vernon, IndianaHeritage Estates Invoice for $710K Approved · Jul 28, 2025$710.9K City of North Vernon, IndianaClaim Payment Approved for Heritage Estates · Jul 28, 2025$6K City of North Vernon, IndianaCommission Approves $710K Heritage Estates Invoice · Jul 28, 2025$710.9K Village of Albion, New YorkHeritage Estates Meeting for Utility Leak Concerns · Dec 1, 2024Undisclosed City of North Vernon, IndianaHeritage Estates Claim Payment · Nov 18, 2024$396.5K All Heritage Estates contractsVendor profile

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Questions about this contract

Who was awarded the government contract by City of Iowa Falls?

Heritage Estates was awarded this government contract by City of Iowa Falls, as recorded on January 16, 2023.

What type of contract is this?

This is a government contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-iowa-falls-meeting-minutes-2023-01-16_580.pdf (Meeting Minutes), dated January 16, 2023 from City of Iowa Falls. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Heritage Estates hold?

Heritage Estates 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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