Deb’s Catering Awarded 10-Year TIF Incentive
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Description
Council approved a 10-year TIF incentive for Deb’s Catering, providing 50% return on TIF real estate taxes to support business rebuilding.
Contract Details
Contract Amount
50% TIF return on real estate taxes for 10 years
Vendor
DEB’S CATERING
Agency
City of Altamont, IL
Contract Type
OTHER
Document Date
January 12, 2026
Contract Term
10 years
Renewal Date
2036-02-23
Renewal Info
Contract provides 50% tax increment return over 10 years, per Ordinance 851-26.
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