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Village Approves $4.5M Reimbursement Cap for TSG Development

Glen Carbon village logoGlen Carbon village
Disclosed value
Increase in reimbursement from $3,000,000.00 to $4,500,000.00
From minutes
Document date
Nov 28, 2023

The 30-second brief

What it covers

The Village Board approved the Second Amendment to the Orchard Town Center Re-Development Agreement with TSG, increasing the potential reimbursement to $4.5 million. Reimbursement is contingent on business district tax revenues and covers allowable site development and roadway improvements.

Who holds it

TSG holds this contract with Glen Carbon village. Its other public contracts on record include work for Regional Transportation Authority Of Middle Tennessee and Town of Telluride.

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Contract details

Amount
Increase in reimbursement from $3,000,000.00 to $4,500,000.00
Document date
November 28, 2023
Vendor
TSG
Agency
Glen Carbon village
Source document
Glen Carbon Village Board Minutes November 2023 (Minutes)

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Questions about this contract

Who was awarded the government contract by Glen Carbon village?

TSG was awarded this government contract by Glen Carbon village, as recorded on November 28, 2023. The contract value is Increase in reimbursement from $3,000,000.00 to $4,500,000.00.

How much is the TSG contract with Glen Carbon village worth?

The TSG contract with Glen Carbon village is valued at Increase in reimbursement from $3,000,000.00 to $4,500,000.00.

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Glen Carbon Village Board Minutes November 2023 (Minutes), dated November 28, 2023 from Glen Carbon village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does TSG hold?

TSG 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 Glen Carbon village currently buying?

Explore Glen Carbon village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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