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FINANCIAL_SERVICESAMENDED

Iowa Economic Development Authority AgendaPacket Due Diligence Committee Meeting 2026-06-19

Cargill Seeks Mutual Termination of Sioux City HQJP Contract

$336,000 Estimated Tax Credit Benefits (no incentives claimed)Iowa Arts CouncilCARGILL INCORPORATEDJune 19, 2026

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Veritone logo
TerraCycle logo
Cyvl logo
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
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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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