CONTRACTAPPROVED

City of Pekin Awards $70,000 Redevelopment Agreement Contract to Dennis & Sherry Ragland (April 2025)

City of Pekin
Disclosed value
$70,000
From meeting minutes
Approved
Apr 21, 2025
Term
10 years

The 30-second brief

What it covers

Pekin Approves Tax Increment Financing (TIF) Agreement with Dennis and Sherry Ragland. The project qualifies for an incentive of up to $70,000 in property tax increment rebates, distributed over a period not to exceed 10 years.

Who holds it

Dennis & Sherry Ragland holds this redevelopment agreement contract with City of Pekin. Its other public contracts on record include work for City of Pekin city.

What happens next

Term as filed: 10 years.

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Contract details

Contract type
Redevelopment Agreement
Amount
$70,000
Document date
April 21, 2025
Term
10 years
Vendor
Dennis & Sherry Ragland
Source document
city-of-pekin-meeting-minutes-2025-04-21_c33.pdf (Meeting Minutes)

Dennis & Sherry Ragland's other public contracts

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Questions about this contract

Who was awarded the redevelopment agreement contract by City of Pekin?

Dennis & Sherry Ragland was awarded this redevelopment agreement contract by City of Pekin, as recorded on April 21, 2025. The contract value is $70,000.

How much is the Dennis & Sherry Ragland contract with City of Pekin worth?

The Dennis & Sherry Ragland contract with City of Pekin is valued at $70,000, covering redevelopment agreement work.

What type of contract is this?

This is a Redevelopment Agreement contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in city-of-pekin-meeting-minutes-2025-04-21_c33.pdf (Meeting Minutes), dated April 21, 2025 from City of Pekin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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