Town of Cortland AgendaPacket Board of Trustees Town Board Meeting 2026-06-22
Town Approves TIF Agreement With Cortland Lions Club
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Description
The Town of Cortland approved Ordinance 2026-07 authorizing a TIF Redevelopment Agreement with Cortland Lions Club 524, reimbursing up to 75% of verified TIF-eligible project costs with a cap of $14,000. The agreement supports improvements within the TIF district by the local service organization.
Contract Details
Contract Amount
Up to 75% of verified TIF eligible costs or $14,000, whichever is less
Vendor
CORTLAND LIONS CLUB 524
Agency
Town of Cortland, IL
Contract Type
OTHER
Document Date
June 22, 2026
Renewal Info
Initial TIF redevelopment agreement authorizing reimbursement up to $14,000; no renewal terms specified in the minutes.
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