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FINANCIAL_SERVICESAPPROVED

City of Wilton Resolution 05112026B TIF Loan Payments

Wilton OKs TIF Payment to CDC/PST

$8,922.90City of WiltonCDC/PSTMay 11, 2026

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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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