City of Pekin Council Meeting Minutes February 2026
TIF Agreement Termination for Olivia's Playhouse Tabled
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Description
Council tabled termination of the $49,885 TIF agreement with Olivia's Playhouse and Lisa Fuller, pending further review on releasing the business from its location retention terms.
Contract Details
Contract Amount
$49,885
Vendor
OLIVIA'S PLAYHOUSE AND LISA FULLER
Agency
City of Pekin city, IL
Contract Type
OTHER
Document Date
February 23, 2026
Contract Term
5 years
Renewal Date
2029-08-31
Renewal Info
Agreement required five-year occupancy or repayment; subject to council action on proposed release.
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