FINANCIAL_SERVICESRECOMMENDED

TIF Incentive Proposed for Iron Cave Golf Renovations

Chenoa officials reached consensus on a proposed three‑year Tax Increment Financing agreement with Iron Cave Golf to reimburse 75% of eligible renovation and lease expenses, up to a maximum of $10,000. Formal contract approval is expected at a subsequent meeting.

Status
RECOMMENDED
Document date
June 9, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Iron Cave Golf
Agency
Town of Chenoa · 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 amount
Up to $10,000 (75% reimbursement of eligible costs)
Contract type
FINANCIAL_SERVICES
Contract term
Three-year Tax Increment Financing agreement
Renewal
No automatic renewal terms stated; agreement envisioned as a fixed three‑year incentive with a $10,000 cap.
Document type
Minutes
Source document
Chenoa City Council Minutes 2026-06-09

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Town of Chenoa?

Iron Cave Golf was awarded this financial services contract by Town of Chenoa, as recorded on June 9, 2026. The contract value is Up to $10,000 (75% reimbursement of eligible costs).

How much is the Iron Cave Golf contract with Town of Chenoa worth?

The Iron Cave Golf contract with Town of Chenoa is valued at Up to $10,000 (75% reimbursement of eligible costs), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Chenoa City Council Minutes 2026-06-09 (Minutes), dated June 9, 2026 from Town of Chenoa. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Iron Cave Golf hold?

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

View Iron Cave Golf's profile

What is Town of Chenoa currently buying?

Explore Town of Chenoa's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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