Cargill Seeks Mutual Termination of Sioux City HQJP Contract
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Description
Cargill, Incorporated asked the IEDA Board to mutually terminate its Sioux City High Quality Jobs Program contract, which offered an estimated $336,000 in tax credits for a planned $26 million project. No incentives have been claimed under the agreement.
Contract Details
Contract Amount
$336,000 Estimated Tax Credit Benefits (no incentives claimed)
Vendor
CARGILL INCORPORATED
Agency
Iowa Arts Council, IA
Contract Type
FINANCIAL_SERVICES
Document Date
June 19, 2026
Contract Term
Award Date July 19, 2024; Project Completion Date July 31, 2027; Project Maintenance Date July 31, 2029
Renewal Date
2029-07-31
Renewal Info
Action would mutually terminate the contract prior to project completion; no prior amendments are noted and no renewal is contemplated.
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