Peosta Recommends $275,000 Glenwood Equities Rebate

Peosta City Council recommended an 85% tax increment financing rebate for Glenwood Equities. The 15-year Dollar General rebate is capped at $275,000, with final payment scheduled for June 1, 2039.

Document date · December 9, 2025

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Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $275,000

Contract type

OTHER

Contract term

15 years; 85% rebate

Renewal date

2039-06-01

Renewal

15-year rebate obligation; final payment date specified as June 1, 2039.

Document type

Agenda

Source document

City of Peosta Agenda City Council Meeting 2025-12-09

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City of Peosta, Iowa85% rebate, not to exceed $275,000Dec 9, 2025

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Peosta?

Glenwood Equities was awarded this government contract by City of Peosta, as recorded on December 9, 2025. The contract value is Not to exceed $275,000.

How much is the Glenwood Equities contract with City of Peosta worth?

The Glenwood Equities contract with City of Peosta is valued at Not to exceed $275,000.

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

What other contracts does Glenwood Equities hold?

Glenwood Equities 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 Glenwood Equities's profile

What is City of Peosta currently buying?

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