March 28, 2024

Financial agreement set for sports complex

BETTENDORF — Officials of a city in eastern Iowa have approved a financing plan for the $45 million first phase of a regional sports and entertainment complex that includes soccer and softball fields as well as basketball and volleyball courts at a 79-acre site. A development agreement is in place to establish a 20-year tax increment financing district for the project. The city of Bettendorf provided economic incentives to move the project forward, including a $4.9 million TIF-supported grant.