Village of West Dundee Regular Board Meeting Minutes April 2026
Vans Receives Ongoing Spring Hill Gateway TIF Incentive
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Description
Under the Spring Hill Gateway TIF, West Dundee has provided $20,000 in economic incentive payments to Vans in the prior fiscal year and budgeted an additional $10,000 for the upcoming year. These funds support continued retail investment in the TIF area.
Contract Details
Contract Amount
$20,000 prior year; $10,000 upcoming fiscal year
Vendor
VANS
Agency
Town of Dundee, IL
Contract Type
OTHER
Document Date
April 6, 2026
Contract Term
Prior fiscal year and upcoming FY 2026/27 payment
Renewal Info
Multi-year incentive with declining payments; next scheduled payment of $10,000 is budgeted for the upcoming fiscal year.
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