Town of Tolono Awards Financial Services Contract to Kc Development Llc & Clayton Clark (August 2026)

The Village of Tolono approved an inducement resolution on August 4, 2026 for a Tolono TIF District II residential project proposed by KC Development, LLC & Clayton Clark. The action expresses the Village’s intent to later enter a redevelopment agreement reimbursing eligible project costs from tax increment revenues.

Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Inducement resolution contemplates negotiation of a future TIF redevelopment agreement reimbursing TIF-eligible project costs from tax increment; no term or renewal provisions yet.

Document type

AgendaPacket

Source document

Village of Tolono Board of Trustees Meeting Agenda Packet 2026-08-04

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Village of Tolono Board of Trustees Meeting Agenda Packet 2026-08-04

RECOMMENDED

Town of Tolono, IllinoisAug 4, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

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

Kc Development Llc & Clayton Clark was awarded this financial services contract by Town of Tolono, as recorded on August 4, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Tolono Board of Trustees Meeting Agenda Packet 2026-08-04 (AgendaPacket), dated August 4, 2026 from Town of Tolono. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Kc Development Llc & Clayton Clark hold?

Kc Development Llc & Clayton Clark 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 Kc Development Llc & Clayton Clark's profile

What is Town of Tolono currently buying?

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

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