Economic Incentives offered to Lion Development II

The Village of Riverside and Lion Development II, LLC have agreed to economic incentives for development with Lion Development II. Reimbursement to Lion Development is up to $65,000 in fees paid to the Village for third party expenses (engineering, plan review, plumbing inspector, electric inspector, etc.).

Document date · August 7, 2025

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Scope & details

The full contract record, as filed.

Contract amount

Contract type

Economic Incentive

Contract term

Document type

Minutes

Source document

village-of-riverside-board-of-trustees-meeting-minutes-august-7-2025_359.pdf

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village-of-riverside-board-of-trustees-meeting-minutes-august-7-2025_cb3.pdf

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riverside-village-board-of-trustees-regular-meeting-minutes-june-5-2025_00e.pdf

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Riverside village, IllinoisNAJun 5, 2025

north_liberty_planning_commission_agenda_april_202.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the economic incentive contract by Loraine village?

Lion Development was awarded this economic incentive contract by Loraine village, as recorded on August 7, 2025.

What type of contract is this?

This is a Economic Incentive contract, documented as a minutes record.

Where was this contract approved?

This contract appears in village-of-riverside-board-of-trustees-meeting-minutes-august-7-2025_359.pdf (Minutes), dated August 7, 2025 from Loraine village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lion Development hold?

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

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