Civic IQ
CONTRACTPENDING
Get alerts

Economic Incentive Agreement considered for 318 Lofts, LLC

Town of Geneva
Disclosed value
$131,762
From agenda
Document date
May 12, 2025
Term
10 years

The 30-second brief

What it covers

The City of Geneva is considering a Development Economic Incentive Agreement with 318 Lofts, LLC for improvements to 318 Anderson Boulevard. The incentive includes a $15,000 grant, a $83,836 sales tax rebate, and $32,926 for electrical service upgrades.

Who holds it

318 Lofts holds this economic incentive agreement contract with Town of Geneva.

What happens next

Term as filed: 10 years.

See who signed off on this $131.8K contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type
Economic Incentive Agreement
Amount
$131,762
Document date
May 12, 2025
Term
10 years
Vendor
318 Lofts
Agency
Town of Geneva
Source document
town-of-geneva-agenda-2025-05-12_bdd.pdf (Agenda)

318 Lofts's other public contracts

Town of Geneva, Illinois318 Lofts could get incentives from Geneva · May 19, 2025UndisclosedTown of Geneva, Illinois318 Lofts, LLC receives economic incentive agreement · May 19, 2025UndisclosedTown of Geneva, Illinois318 Lofts, LLC: $60,000 Remediation Incentive · May 12, 2025$60KAll 318 Lofts contractsVendor profile

More Town of Geneva contracts

Advanced Windows & SidingAdvanced Windows and Siding approved for vinyl window replacement · Oct 21, 2025UndisclosedDennis KintopDennis Kintop approved for window and door modifications · Oct 21, 2025UndisclosedMak AmericasMak Americas approved for engine maintenance work · Oct 6, 2025$99.9KBodwe Wbk EngineeringBodwe` WBK Engineering Change Order #1 to be Authorized · Oct 6, 2025$67.6KBodwe Wbk EngineeringBodwe WBK Engineering change order approved for South Street project · Oct 6, 2025$67.6KAll Town of Geneva activityAgency profile

Questions about this contract

Who was awarded the economic incentive agreement contract by Town of Geneva?

318 Lofts was awarded this economic incentive agreement contract by Town of Geneva, as recorded on May 12, 2025. The contract value is $131,762.

How much is the 318 Lofts contract with Town of Geneva worth?

The 318 Lofts contract with Town of Geneva is valued at $131,762, covering economic incentive agreement work.

What type of contract is this?

This is a Economic Incentive Agreement contract, documented as a agenda record.

Where was this contract approved?

This contract appears in town-of-geneva-agenda-2025-05-12_bdd.pdf (Agenda), dated May 12, 2025 from Town of Geneva. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does 318 Lofts hold?

318 Lofts may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Town of Geneva currently buying?

Explore Town of Geneva's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

Work in government? Get Civic IQ free →
More Town of Geneva contracts →Browse all agencies in Illinois →