Deb’s Catering Granted 10-Year TIF Incentive
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Description
Altamont’s City Council approved a ten-year TIF redevelopment agreement with Deb’s Catering under Ordinance 851-26. The deal rebates 50% of the project’s TIF real estate taxes to support the business’s redevelopment.
Contract Details
Vendor
DEB’S CATERING
Agency
City of Altamont, IL
Contract Type
FINANCIAL_SERVICES
Document Date
January 12, 2026
Contract Term
Ten years
Renewal Info
TIF contract returns 50% of TIF real estate taxes for a ten-year period; renewal terms beyond that period are not specified.
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