Peosta Recommends $200,000 Kalbman Real Estate Rebate

Peosta City Council recommended an 85% tax increment financing rebate for Kalbman Real Estate. The 15-year Real Estate (Jumble) rebate is capped at $200,000, with final payment scheduled for June 1, 2038.

Document date · December 9, 2025

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Scope & details

The full contract record, as filed.

Contract amount

Not to exceed $200,000

Contract type

OTHER

Contract term

15 years; 85% rebate

Renewal date

2038-06-01

Renewal

15-year rebate obligation; final payment date specified as June 1, 2038.

Document type

Agenda

Source document

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

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city_council_meeting_agenda_december_9_2025.pdf

approved

City of Peosta, Iowa$200,000Dec 9, 2025

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

PENDING

City of Peosta, IowaDec 9, 2025

Peosta City Council Agenda 2025-12-09

PENDING

City of Peosta, Iowa85% rebate, not to exceed $200,000Dec 9, 2025

city-of-peosta-agenda-2024-12-17_7ea.txt

approved

City of Peosta, Iowa$200,000Dec 17, 2024

city-of-peosta-agenda-2024-12-17_a52.txt

approved

City of Peosta, Iowa$200,000Dec 17, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Peosta?

Kalbman Real Estate was awarded this government contract by City of Peosta, as recorded on December 9, 2025. The contract value is Not to exceed $200,000.

How much is the Kalbman Real Estate contract with City of Peosta worth?

The Kalbman Real Estate contract with City of Peosta is valued at Not to exceed $200,000.

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 Kalbman Real Estate hold?

Kalbman Real Estate 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 Kalbman Real Estate's profile

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