Peosta Obligates TIF Funds for Crosvik Agreement
City of PeostaCity · Peosta, IA- Disclosed value
- $211,564.00
- From resolution
- Document date
- Dec 9, 2025
The 30-second brief
The City of Peosta acknowledges an ongoing Development Agreement with Crosvik Development, LLC that includes a scheduled annual payment of $211,564.00 due in FY 2025-26. Through Resolution 2025-83, the City obligates $174,107.00 from future Urban Renewal Tax Revenue Fund receipts to support this tax increment financing obligation.
Crosvik Development LLC holds this contract with City of Peosta.
Term as filed: Annual payment due in fiscal year beginning July 1, 2025.
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Contract details
- Amount
- $211,564.00
- Document date
- December 9, 2025
- Term
- Annual payment due in fiscal year beginning July 1, 2025
- Vendor
- Crosvik Development LLC
- Agency
- City of Peosta
- Source document
- City of Peosta Resolution 2025-83 Obligating Funds for Crosvik Development, LLC 2025-12-09 (Resolution)
Crosvik Development LLC's other public contracts
More City of Peosta contracts
Questions about this contract
Who was awarded the government contract by City of Peosta?
Crosvik Development LLC was awarded this government contract by City of Peosta, as recorded on December 9, 2025. The contract value is $211,564.00.
How much is the Crosvik Development LLC contract with City of Peosta worth?
The Crosvik Development LLC contract with City of Peosta is valued at $211,564.00.
What type of contract is this?
This is a government contract, documented as a resolution record.
Where was this contract approved?
This contract appears in City of Peosta Resolution 2025-83 Obligating Funds for Crosvik Development, LLC 2025-12-09 (Resolution), 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 Crosvik Development LLC hold?
Crosvik Development 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 Peosta currently buying?
Explore City of Peosta's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.
