FINANCIAL_SERVICESAPPROVED

Rockwood R-VI School District Awards Financial Services Contract to City of Chesterfield Missouri (August 2025)

The Rockwood School District entered into a reimbursement agreement with the City of Chesterfield, Missouri on August 7, 2025. Under the agreement, the City will allocate 10% of Rockwood’s PILOTs for each applicable TIF redevelopment project area into a segregated fund to reimburse Rockwood’s verified capital costs over the 23-year TIF term. Reimbursements are made annually based on Rockwood’s certified School District Capital Costs tied to the redevelopment projects.

Status
APPROVED
Document date
August 7, 2025
Contract type
FINANCIAL_SERVICES
Vendor
City of Chesterfield Missouri
Agency
Rockwood R-VI School District · MO

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Ten percent (10%) of the Payments in Lieu of Taxes (PILOTs) attributable to Rockwood’s levy rate deposited annually into a segregated account for up to 23 years per RPA
Contract type
FINANCIAL_SERVICES
Contract term
For each RPA located wholly or partially within Rockwood: from its Activation Date until 23 years following that Activation Date, unless earlier terminated by mutual agreement
Renewal
Agreement automatically runs for 23 years from each RPA’s Activation Date and may be terminated earlier only by mutual agreement of the City and Rockwood; no automatic renewals are specified.
Document type
Agreement
Source document
Rockwood School District Reimbursement Agreement 2025-08-07

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Rockwood R-VI School District?

City of Chesterfield Missouri was awarded this financial services contract by Rockwood R-VI School District, as recorded on August 7, 2025. The contract value is Ten percent (10%) of the Payments in Lieu of Taxes (PILOTs) attributable to Rockwood’s levy rate deposited annually into a segregated account for up to 23 years per RPA.

How much is the City of Chesterfield Missouri contract with Rockwood R-VI School District worth?

The City of Chesterfield Missouri contract with Rockwood R-VI School District is valued at Ten percent (10%) of the Payments in Lieu of Taxes (PILOTs) attributable to Rockwood’s levy rate deposited annually into a segregated account for up to 23 years per RPA, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agreement record.

Where was this contract approved?

This contract appears in Rockwood School District Reimbursement Agreement 2025-08-07 (Agreement), dated August 7, 2025 from Rockwood R-VI School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does City of Chesterfield Missouri hold?

City of Chesterfield Missouri may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Rockwood R-VI School District currently buying?

Explore Rockwood R-VI School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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