FACILITIESPENDING

Village Extends Due Diligence Period for KLM Builders Land Deal

The Village of Island Lake plans to extend the real estate due diligence approval period for KLM Builders from July 31, 2026 to August 13, 2026 for the proposed purchase of 49 vacant acres in Walnut Glen. This extension gives the developer additional time to complete its evaluations before closing.

Status
PENDING
Document date
July 23, 2026
Contract type
FACILITIES
Vendor
Klm Builders
Agency
Island Lake village (pt.) · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FACILITIES
Contract term
Due diligence approval period extended from 2026-07-31 to 2026-08-13
Renewal date
2026-08-13
Renewal
Single extension of the due diligence approval period from 2026-07-31 to 2026-08-13 for the Walnut Glen land purchase.
Document type
Agenda
Source document
Village of Island Lake Village Board Meeting Agenda 2026-07-23

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Island Lake village (pt.)?

Klm Builders was awarded this facilities contract by Island Lake village (pt.), as recorded on July 23, 2026.

What type of contract is this?

This is a Facilities contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Village of Island Lake Village Board Meeting Agenda 2026-07-23 (Agenda), dated July 23, 2026 from Island Lake village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Klm Builders hold?

Klm Builders may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Island Lake village (pt.) currently buying?

Explore Island Lake village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Island Lake village (pt.)'s profile

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