Crosvik Development Gets 15-Year Tax Increment Deal

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.

Document date · October 11, 2022

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Scope & details

The full contract record, as filed.

Contract amount

Contract type

Development Agreement

Contract term

15 years

Document type

Agenda

Source document

city-of-peosta-agenda-2022-10-11_d8c.txt

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the development agreement contract by City of Peosta?

Crosvik Development was awarded this development agreement contract by City of Peosta, as recorded on October 11, 2022.

What type of contract is this?

This is a Development Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in city-of-peosta-agenda-2022-10-11_d8c.txt (Agenda), dated October 11, 2022 from City of Peosta. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Crosvik Development hold?

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

View Crosvik Development's profile

What is City of Peosta currently buying?

Explore City of Peosta's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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