Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Clive Council approves 10‑year TIF rebate for Fortress Bank redevelopment
Summary
The Clive City Council unanimously approved a development agreement with Fortress Bank that includes a 10‑year TIF rebate (recorded maximum reimbursable amount in meeting materials: $667,542) and developer-funded relocation of city signage and certain utility moves.
The Clive City Council on Dec. 11 approved a development agreement with Fortress Bank that staff said will use a 10‑year tax increment financing (TIF) rebate to support redevelopment of the site.
Amanda, a city staff member presenting the agreement, told the council that the package includes a 10‑year TIF rebate “up to $667,542” and that Fortress…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
