Civic IQ
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City of Altamont Council Meeting Agenda January 12, 2026

Deb’s Catering Awarded 10-Year TIF Incentive

50% TIF return on real estate taxes for 10 yearsCity of AltamontDEB’S CATERINGJanuary 12, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

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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