CONTRACT

Rock Island offers incentives to New Field Ventures

City of Rock Island city logoCity of Rock Island city
Disclosed value
$62,500.00
From contract
Document date
Jun 23, 2025
Term
5 years

The 30-second brief

What it covers

The City of Rock Island will provide TIF Incentives to New Field Ventures, LLC for the Project not to exceed twenty-five percent (25%) of the total Project costs or $62,500.00, whichever is less. These funds shall be payable solely from TIF available funding, and shall be made in five equal annual payments for a period of five years.

Who holds it

New Field Ventures holds this tif incentives contract with City of Rock Island city. Its other public contracts on record include work for Town of Bowling and Town of Rock Island.

What happens next

Term as filed: 5 years.

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Contract details

Contract type
Tif Incentives
Amount
$62,500.00
Document date
June 23, 2025
Term
5 years
Source document
city-of-rock-island-development-agreement_d56.pdf (Contract)

New Field Ventures's other public contracts

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Questions about this contract

Who was awarded the tif incentives contract by City of Rock Island city?

New Field Ventures was awarded this tif incentives contract by City of Rock Island city, as recorded on June 23, 2025. The contract value is $62,500.00.

How much is the New Field Ventures contract with City of Rock Island city worth?

The New Field Ventures contract with City of Rock Island city is valued at $62,500.00, covering tif incentives work.

What type of contract is this?

This is a Tif Incentives contract, documented as a contract record.

Where was this contract approved?

This contract appears in city-of-rock-island-development-agreement_d56.pdf (Contract), dated June 23, 2025 from City of Rock Island city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does New Field Ventures hold?

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

What is City of Rock Island city currently buying?

Explore City of Rock Island city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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