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Redevelopmentpending

city-of-streator-city-council-meeting-agenda-august-20-2025_682.pdf

Beck Oil Company TIF district redevelopment agreement

$2,570,000.00City of Streator cityBECK OILAugust 20, 2025

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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
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IANS Research logo

Description

City approves tax increment financing agreement with Beck Oil Company for redevelopment project, including gas station, convenience store, and car wash, with reimbursements up to $2.57 million over 23 years.

Contract Details

Contract Amount

$2,570,000.00

Vendor

BECK OIL

Agency

City of Streator city, IL

Contract Type

Redevelopment

Document Date

August 20, 2025

Contract Term

23 year

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