Wilton OKs TIF Payment to CDC/PST
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Description
The City of Wilton authorized a TIF loan payment of $8,922.90 to CDC/PST under its Urban Renewal Plan, with the loan expiring June 30, 2026. Repayment will come from incremental property tax revenue in Area 3.
Contract Details
Contract Amount
$8,922.90
Vendor
CDC/PST
Agency
City of Wilton, IA
Contract Type
FINANCIAL_SERVICES
Document Date
May 11, 2026
Contract Term
Through 06/30/2026
Renewal Date
2026-06-30
Renewal Info
Loan agreement under TIF district scheduled to expire on 06/30/2026; subsequent actions would require new council approval if extended.
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