South Pekin village Awards $50,000 Tax Increment Financing (Tif) Contract to Aaron & Kris Greene (February 2025)
South Pekin villageCity · IL- Disclosed value
- $50,000
- From meeting minutes
- Approved
- Feb 24, 2025
- Term
- 10 years
The 30-second brief
Pekin approves a TIF redevelopment agreement with Aaron and Kris Greene, offering up to $50,000 in property tax increment rebates over 10 years. The incentives support investment in a new home at 1609 Grandlake Ct, under the city's residential TIF policy, with eligible expenses for the lot amounting to $50,000.
Aaron & Kris Greene holds this tax increment financing (tif) contract with South Pekin village. Its other public contracts on record include work for Town of Pekin and City of Pekin city.
Term as filed: 10 years.
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Contract details
- Contract type
- Tax Increment Financing (Tif)
- Amount
- $50,000
- Document date
- February 24, 2025
- Term
- 10 years
- Vendor
- Aaron & Kris Greene
- Agency
- South Pekin village
- Source document
- south-pekin-village-meeting-minutes-2025-02-24_a23.pdf (Meeting Minutes)
Aaron & Kris Greene's other public contracts
More South Pekin village contracts
Questions about this contract
Who was awarded the tax increment financing (tif) contract by South Pekin village?
Aaron & Kris Greene was awarded this tax increment financing (tif) contract by South Pekin village, as recorded on February 24, 2025. The contract value is $50,000.
How much is the Aaron & Kris Greene contract with South Pekin village worth?
The Aaron & Kris Greene contract with South Pekin village is valued at $50,000, covering tax increment financing (tif) work.
What type of contract is this?
This is a Tax Increment Financing (Tif) contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in south-pekin-village-meeting-minutes-2025-02-24_a23.pdf (Meeting Minutes), dated February 24, 2025 from South Pekin village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is South Pekin village currently buying?
Explore South Pekin village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.