Newton Considers Legacy Plaza Development Amendment

The Newton City Council will consider assigning and amending the Legacy Plaza private development agreement for Matilda Maytag, LLC. Proposed revisions replace the hotel with market-rate apartments, provide an earlier $65,000 reimbursement, and extend TIF and grant schedules through 2047.

Document date · September 21, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$65,000 reimbursement; revised TIF and redevelopment grant terms

Contract type

OTHER

Contract term

Agreement and grant schedule extended through 2047

Renewal

Second amendment and consent to assignment; redevelopment grant schedule and TIF period extended through 2047.

Document type

AgendaPacket

Source document

City of Newton AgendaPacket September 21, 2026 Council Meeting

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Other contracts from Matilda Maytag Llc.

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Newton City Council Agenda September 21, 2026

PENDING

City of Newton, Iowa$65,000 reimbursementSep 21, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Newton?

Matilda Maytag Llc was awarded this government contract by City of Newton, as recorded on September 21, 2026. The contract value is $65,000 reimbursement; revised TIF and redevelopment grant terms.

How much is the Matilda Maytag Llc contract with City of Newton worth?

The Matilda Maytag Llc contract with City of Newton is valued at $65,000 reimbursement; revised TIF and redevelopment grant terms.

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 Newton AgendaPacket September 21, 2026 Council Meeting (AgendaPacket), dated September 21, 2026 from City of Newton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Matilda Maytag Llc hold?

Matilda Maytag 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 Matilda Maytag Llc's profile

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