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TIF Redevelopment Agreementpending

town-of-kewanna-council-meeting-agenda-tif-agreement-demolition-urban-sdk-jul-14-2025_133.pdf

KTown Real Estate gets Kewanee's TIF redevelopment approval

$221,161.61Town of KewannaKTOWN REAL ESTATEJuly 14, 2025

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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

Description

City of Kewanee approves TIF redevelopment agreement with KTown Real Estate, LLC, allocating up to $221,161.61 for project at 417 Tenney Street. Agreement spans seven years, contingent upon project completion within 12 months. TIF funds will be sourced from the TIF District Special Tax Allocation Fund.

Contract Details

Contract Amount

$221,161.61

Vendor

KTOWN REAL ESTATE

Agency

Town of Kewanna, IN

Contract Type

TIF Redevelopment Agreement

Document Date

July 14, 2025

Contract Term

7 years

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