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City Considers TIF Rebate for Timberview Phase II

City of Pella
Disclosed value
$3,522,983
From agendapacket
Document date
Aug 27, 2026
Renews
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The 30-second brief

What it covers

Pella Timberview, LLC has submitted an economic development request to the City of Pella seeking $3,522,983 in tax increment financing rebates to reimburse public infrastructure costs for Phase II of the Timberview Residential Development. The proposed agreement would rebate incremental property tax revenues over roughly 15 years based on the development of 51 new residential lots.

Who holds it

Pella Timberview LLC holds this financial services contract with City of Pella.

What happens next

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Contract details

Contract type
Financial Services
Amount
$3,522,983
Document date
August 27, 2026
Term
Approximately 15-year TIF rebate period (projected 2030–2042)
Renews
On record
Vendor
Pella Timberview LLC
Agency
City of Pella
Source document
City of Pella Economic Development Review Committee Agenda Packet 2026-08-27 (AgendaPacket)

Pella Timberview LLC's other public contracts

City of Pella, IowaPella Recommends $3.52 Million Timberview TIF Rebate · Nov 3, 2026City of Pella, IowaTIF Reimbursement Recommended for Pella Timberview Development · Oct 14, 2026All Pella Timberview LLC contractsVendor profile

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Questions about this contract

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

Pella Timberview LLC was awarded this financial services contract by City of Pella, as recorded on August 27, 2026. The contract value is $3,522,983.

How much is the Pella Timberview LLC contract with City of Pella worth?

The Pella Timberview LLC contract with City of Pella is valued at $3,522,983, 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 Pella Economic Development Review Committee Agenda Packet 2026-08-27 (AgendaPacket), dated August 27, 2026 from City of Pella. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Pella Timberview LLC hold?

Pella Timberview 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.

What is City of Pella currently buying?

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

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