CONTRACTAPPROVED

Town of Somerset Awards $4,722,403 Tax Refund Contract to Grand Tower Energy (January 2025)

Disclosed value: $4,722,403.35; From resolution
Approved: Jan 1, 2025
Term: 2014-2015

What it covers

Grand Tower Energy Corporation was awarded a property tax refund of $4,722,403.35 for 2014 and 2015 tax years, following an appeal upheld by the Illinois Supreme Court. The refund was applied as an offset to delinquent property taxes from 2020 and 2021.

Who holds it

Grand Tower Energy holds this tax refund contract with Town of Somerset. Its other public contracts on record include work for City of Ava and City of Grand Tower.

What happens next

Term as filed: 2014-2015.

See who signed off on this $4.7M contract.

See who signed off

Free account · 30-second setup · No credit card

Contract details

Contract type: Tax Refund
Amount: $4,722,403.35
Document date: January 1, 2025
Term: 2014-2015
Vendor: Grand Tower Energy
Agency: Town of Somerset
Source document: jackson-county-resolution-approving-grand-tower-station-settlement_b9b.pdf (Resolution)

Grand Tower Energy's other public contracts

City of Ava, IllinoisGTEC wins $4.7M property tax refund · Jan 1, 2025$4.7M City of Grand Tower, IllinoisGrand Tower Energy Corp Receives $4.7M Tax Refund · Jan 1, 2025$4.7M Town of Sand Ridge, IllinoisGTEC receives $4.7M property tax refund · Jan 1, 2025$4.7M Jackson County, Illinoisjackson-county-agenda-2024-11-19_1c2.pdf · Nov 19, 2024Undisclosed Jackson County, IllinoisGrand Tower Energy Corporation authorized tax appeals settlement · Nov 7, 2024Undisclosed All Grand Tower Energy contractsVendor profile

More Town of Somerset contracts

Assured PartnersAssuredPartners create Risk Management plan for Jackson County · Jan 1, 2026Undisclosed Carbondale UnitedCarbondale United submits new FY26 funding request · Jan 1, 2026$40K Evaluation & Development Center (Edc) SiuEDC SIU requests modest FY26 funding increase · Jan 1, 2026$41.1K CENTERSTONECenterstone requests continued FY26 mental health funding · Jan 1, 2026$215K Empowerment Center of Southern IllinoisEmpowerment Center of Southern Illinois seeks FY26 funding · Jan 1, 2026$25K All Town of Somerset activityAgency profile

Questions about this contract

Who was awarded the tax refund contract by Town of Somerset?

Grand Tower Energy was awarded this tax refund contract by Town of Somerset, as recorded on January 1, 2025. The contract value is $4,722,403.35.

How much is the Grand Tower Energy contract with Town of Somerset worth?

The Grand Tower Energy contract with Town of Somerset is valued at $4,722,403.35, covering tax refund work.

What type of contract is this?

This is a Tax Refund contract, documented as a resolution record.

Where was this contract approved?

This contract appears in jackson-county-resolution-approving-grand-tower-station-settlement_b9b.pdf (Resolution), dated January 1, 2025 from Town of Somerset. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

Show 2 more questions

What other contracts does Grand Tower Energy hold?

Grand Tower Energy 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 Somerset currently buying?

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

Work in government? Get Civic IQ free →

More Town of Somerset contracts →Browse all agencies in Illinois →