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Peosta Considers College Suites Tax Rebate

City of Peosta
Disclosed value
85% rebate, not to exceed $2,000,000
From agenda
Document date
Dec 9, 2025
Term
15 years; final payment 6/1/2038
Renews
Free account

The 30-second brief

What it covers

Peosta City Council is scheduled to consider Resolution 2025-81 obligating funds for College Suites' tax increment financed rebate. The rebate is 85% for 15 years, capped at $2 million, with the final payment scheduled for June 1, 2038.

Who holds it

College Suites holds this contract with City of Peosta.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every City of Peosta contract.

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Contract details

Amount
85% rebate, not to exceed $2,000,000
Document date
December 9, 2025
Term
15 years; final payment 6/1/2038
Renews
Free account
Vendor
College Suites
Agency
City of Peosta
Source document
Peosta City Council Agenda 2025-12-09 (Agenda)

College Suites's other public contracts

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Questions about this contract

Who was awarded the government contract by City of Peosta?

College Suites was awarded this government contract by City of Peosta, as recorded on December 9, 2025. The contract value is 85% rebate, not to exceed $2,000,000.

How much is the College Suites contract with City of Peosta worth?

The College Suites contract with City of Peosta is valued at 85% rebate, not to exceed $2,000,000.

What type of contract is this?

This is a government contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Peosta City Council Agenda 2025-12-09 (Agenda), dated December 9, 2025 from City of Peosta. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does College Suites hold?

College Suites 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 Peosta currently buying?

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

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