City of Wilton Resolution 05112026B TIF Loan Payments
Wilton Approves TIF Loan Payment to Arnold Motor
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Description
The City of Wilton approved a TIF loan payment of $5,265.86 to Arnold Motor as part of its Urban Renewal Plan, with the agreement expiring June 30, 2028. The debt will be repaid from incremental property tax revenue in Area 3 of the plan.
Contract Details
Contract Amount
$5,265.86
Vendor
ARNOLD MOTOR
Agency
City of Wilton, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Through 06/30/2028
Renewal Date
2028-06-30
Renewal Info
Loan agreement associated with TIF district, expiring 06/30/2028; future payments governed by the underlying TIF loan schedule.
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City of Wilton Resolution 05112026B TIF Loan Payments
City of Wilton Resolution 05112026B TIF Loan Payments
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