city-of-peosta-agenda-2022-10-11_d8c.txt
Crosvik Development Gets 15-Year Tax Increment Deal
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Description
City of Peosta approves a 15-year development agreement with Crosvik Development, L.L.C., allocating 85% of tax increment payments towards infrastructure supporting the development along Thunder Valley Drive. The agreement aims to foster economic growth and enhance infrastructure in the area.
Contract Details
Contract Amount
NA
Vendor
CROSVIK DEVELOPMENT
Agency
City of Peosta, IA
Contract Type
Development Agreement
Document Date
October 11, 2022
Contract Term
15 years
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