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OTHERAPPROVED

City of Pekin Council Meeting Agenda March 2026

TIF/BDD Redevelopment Agreement with JPG Commercial Real Estate Approved

City of Pekin cityJPG COMMERCIAL REAL ESTATE LLCMarch 23, 2026

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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

Council approved rescinding and replacing the redevelopment agreement with JPG Commercial Real Estate, LLC under TIF and Business Development District programs, clarifying details while keeping financial terms the same.

Contract Details

Vendor

JPG COMMERCIAL REAL ESTATE LLC

Agency

City of Pekin city, IL

Contract Type

OTHER

Document Date

March 23, 2026

Renewal Info

Replacement of prior agreement with revised terms; no change in incentive amounts.

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