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Town of Pekin Awards $50,000 Tax Increment Financing (Tif) Contract to Aaron & Kris Greene (February 2025)

Town of Pekin
Disclosed value
$50,000
From meeting minutes
Approved
Feb 24, 2025
Term
up to 10 years

The 30-second brief

What it covers

City approves a TIF agreement with Aaron and Kris Greene for $50,000 in property tax rebates over 10 years for a newly constructed home.

Who holds it

Aaron & Kris Greene holds this tax increment financing (tif) contract with Town of Pekin. Its other public contracts on record include work for City of Pekin city and South Pekin village.

What happens next

Term as filed: up to 10 years.

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Contract details

Contract type
Tax Increment Financing (Tif)
Amount
$50,000
Document date
February 24, 2025
Term
up to 10 years
Vendor
Aaron & Kris Greene
Agency
Town of Pekin
Source document
town-of-pekinmeeting-minutes2025-02-24_431.pdf (Meeting Minutes)

Aaron & Kris Greene's other public contracts

Town of Pekin, Illinoistown-of-pekinagenda2025-02-24_828.pdf · Feb 24, 2025UndisclosedTown of Pekin, Illinoistown-of-pekinagenda2025-02-24_9fc.pdf · Feb 24, 2025UndisclosedCity of Pekin city, IllinoisGreene's awarded tax rebate of $50,000 for home development · Feb 24, 2025$50KSouth Pekin village, IllinoisPekin approves TIF redevelopment agreement with Aaron and Kris Greene · Feb 24, 2025$50KCity of Pekin city, IllinoisGreene's get $50k TIF redevelopment for new home · Feb 24, 2025$50K

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Questions about this contract

Who was awarded the tax increment financing (tif) contract by Town of Pekin?

Aaron & Kris Greene was awarded this tax increment financing (tif) contract by Town of Pekin, as recorded on February 24, 2025. The contract value is $50,000.

How much is the Aaron & Kris Greene contract with Town of Pekin worth?

The Aaron & Kris Greene contract with Town of Pekin is valued at $50,000, covering tax increment financing (tif) work.

What type of contract is this?

This is a Tax Increment Financing (Tif) contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in town-of-pekinmeeting-minutes2025-02-24_431.pdf (Meeting Minutes), dated February 24, 2025 from Town of Pekin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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