Mendota Considers Cannabis Development Agreement with Odyssey LLC
City of Mendota cityCity · Mendota, IL- Disclosed value
- $600,000.00
- From agenda
- Document date
- Jan 18, 2023
- Term
- 20 years
The 30-second brief
City of Mendota is considering a development agreement with Odyssey Agricultural Development LLC for cannabis cultivation, manufacturing, and distribution on 36 acres. The agreement includes quarterly payments of $150,000 or 4% of gross receipts.
Odyssey Agricultural Development holds this development agreement contract with City of Mendota city. Its other public contracts on record include work for City of Mendota.
Term as filed: 20 years.
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Contract details
- Contract type
- Development Agreement
- Amount
- $600,000.00
- Document date
- January 18, 2023
- Term
- 20 years
- Agency
- City of Mendota city
- Source document
- city-of-mendota-city-agenda-2023-01-18_db2.pdf (Agenda)
Odyssey Agricultural Development's other public contracts
More City of Mendota city contracts
Questions about this contract
Who was awarded the development agreement contract by City of Mendota city?
Odyssey Agricultural Development was awarded this development agreement contract by City of Mendota city, as recorded on January 18, 2023. The contract value is $600,000.00.
How much is the Odyssey Agricultural Development contract with City of Mendota city worth?
The Odyssey Agricultural Development contract with City of Mendota city is valued at $600,000.00, covering development agreement work.
What type of contract is this?
This is a Development Agreement contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-mendota-city-agenda-2023-01-18_db2.pdf (Agenda), dated January 18, 2023 from City of Mendota city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Odyssey Agricultural Development hold?
Odyssey Agricultural Development 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 City of Mendota city currently buying?
Explore City of Mendota city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.