Civic IQ
FINANCIAL_SERVICESAPPROVED

city of Peekskill Awards Financial Services Contract to Stuhr Gardens Associates Llc (August 2026)

The City of Peekskill Industrial Development Agency approved a resolution to redeem $7.2 million in 2007 revenue bonds for the Stuhr Gardens Associates LLC project and support a 2026 commercial refinancing. The Agency will retain its leasehold interest so the PILOT runs through 2047 and provide up to $100,000 in additional mortgage recording tax exemption.

Document date · August 25, 2026

Issuing agencycity of PeekskillVendorStuhr Gardens Associates Llc

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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

Scope & details

The full contract record, as filed.

Contract amount
$7,200,000 (original bond principal); up to $100,000 mortgage recording tax exemption for 2026 refinancing
Contract type
FINANCIAL_SERVICES
Contract term
PILOT Agreement term through December 31, 2047; Bonds issued May 1, 2007 with mandatory redemption on September 1, 2026
Renewal date
2047-12-31
Renewal
PILOT Agreement and associated PILOT Mortgage are maintained without renegotiated terms, continuing through December 31, 2047. Refinancing includes additional mortgage recording tax exemption up to $100,000.
Document type
Agenda
Source document
Peekskill Industrial Development Agency Agenda 2026-08-25

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by city of Peekskill?

Stuhr Gardens Associates Llc was awarded this financial services contract by city of Peekskill, as recorded on August 25, 2026. The contract value is $7,200,000 (original bond principal); up to $100,000 mortgage recording tax exemption for 2026 refinancing.

How much is the Stuhr Gardens Associates Llc contract with city of Peekskill worth?

The Stuhr Gardens Associates Llc contract with city of Peekskill is valued at $7,200,000 (original bond principal); up to $100,000 mortgage recording tax exemption for 2026 refinancing, covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Peekskill Industrial Development Agency Agenda 2026-08-25 (Agenda), dated August 25, 2026 from city of Peekskill. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Stuhr Gardens Associates Llc hold?

Stuhr Gardens Associates 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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What is city of Peekskill currently buying?

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

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