Village of Cambridge Board Meeting Minutes March 2026
RDA with El Barril Two Approved for Rent Assistance
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Description
The Village of Cambridge approved Ordinance #26-03 entering into an RDA with El Barril Two, LLC to provide $7,800 in assistance covering one year of rent on a two-year lease. The agreement supports local business occupancy costs as part of the village’s economic development efforts.
Contract Details
Contract Amount
$7,800.00
Vendor
EL BARRIL TWO LLC
Agency
Town of Cambridge, IL
Contract Type
FINANCIAL_SERVICES
Document Date
March 30, 2026
Contract Term
One year of rental payments on a two-year lease
Renewal Info
RDA assistance is limited to one year of rental payments under a two‑year lease; no ongoing renewal is indicated.
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