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Redevelopmentapproved

town-of-woodbine-city-council-meeting-agenda-august-4-2025_4cd.pdf

Redevelopment Agreement approved for Riverbend Ferguson, LLC

$279,272.00Town of WoodbineRIVERBEND FERGUSONAugust 4, 2025

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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

A redevelopment agreement with Riverbend Ferguson, LLC was approved for TIF Financial Assistance at 40 E. Ferguson. Total project estimated cost is $754,790 with $279,272.00 being reimbursed for TIF eligible costs over a 5 year period.

Contract Details

Contract Amount

$279,272.00

Vendor

RIVERBEND FERGUSON

Agency

Town of Woodbine, IL

Contract Type

Redevelopment

Document Date

August 4, 2025

Contract Term

5 years

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