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Carthage City Council Meeting Minutes April 14 2026

City Confirms TIF Payments to Velvet Hanger

City of CarthageVELVET HANGERApril 14, 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

Carthage City Council noted that Velvet Hanger has fulfilled its TIF Agreement requirements and that the City has paid the agreed-upon amount under the incentive arrangement. The business is open and operating under the existing tax increment financing agreement.

Contract Details

Vendor

VELVET HANGER

Agency

City of Carthage, IL

Contract Type

OTHER

Document Date

April 14, 2026

Renewal Info

No renewal terms discussed; ongoing TIF agreement deemed fulfilled to date.

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