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Board extends developer deadline under RMP‑87 TIF agreement; exact new date unclear in meeting transcript

August 19, 2025 | Pottawattamie County, Iowa


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Board extends developer deadline under RMP‑87 TIF agreement; exact new date unclear in meeting transcript
Pottawatomie County supervisors voted to approve an extension to the developer covenants in the RMP‑87 development agreement tied to tax increment financing (TIF) reimbursement after county staff reported progress on initial home permits.

County staff said the original agreement required the developer to complete at least one home in the project by Dec. 31, 2025. At the meeting staff reported one home is permitted and ready to break ground and another permit was expected to be submitted the week of the meeting. John Jurkovich (identified in the meeting as the developer) had asked the county for flexibility on the deadline because lot sales proceeded more slowly than expected; county staff said any extension would not change the TIF’s statutory 10‑year clock but would shorten the period available for the developer to recoup costs.

Supervisors approved a motion to extend the developer’s deadline; participants discussed labor and material cost pressures and the pace of lot sales in the development. The transcript records the Board’s motion and vote but does not state a single unambiguous new contractual date for the extended deadline. One speaker said “12/31/2025” as the existing target and then referenced another phrase heard as “20 sixth” and “December 26” during the audible exchange. The Board approved the motion and the chair closed the item.

Action taken: motion to extend the deadline in the RMP‑87 developer TIF agreement was approved by the Board; transcript does not supply a clear, unambiguous new deadline in the record and staff should be asked to provide the exact amended date for the public record.

Why it matters: extending the developer’s deadline affects when the developer can begin collecting TIF return revenue and influences the developer’s financial exposure; the county noted the TIF statute’s 10‑year term is fixed and would not be extended by this action.

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Scribe from Workplace AI
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