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TIF Agreement Approved with Cerno Properties for $61,330.49

Town of Kewanee logoTown of Kewanee
Disclosed value
$61,330.49
From minutes
Awarded
Dec 9, 2024

The 30-second brief

What it covers

The City Council awarded a $61,330.49 TIF Redevelopment Agreement to Cerno Properties for renovations to a building north of CoCo’s. The Council opted for upfront payout to accelerate construction.

Who holds it

Cerno Properties holds this contract with Town of Kewanee. Its other public contracts on record include work for City of Kewanee and Town of Kewanna.

See who signed off on this $61.3K contract.

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Contract details

Amount
$61,330.49
Document date
December 9, 2024
Vendor
Cerno Properties
Agency
Town of Kewanee
Source document
city-of-kewanee-council-meeting-minutes-december-9-2024_868.pdf (Minutes)

Cerno Properties's other public contracts

City of Kewanee, Illinoiscity-of-kewanee-agenda-2024-12-09_bde.pdf · Dec 9, 2024UndisclosedCity of Kewanee, Illinoiscity-of-kewanee-agenda-2024-12-09_c32.pdf · Dec 9, 2024UndisclosedCity of Kewanee, IllinoisKewanee approves TIF agreement with Cerno Properties. · Dec 9, 2024$61.3KTown of Kewanna, IndianaCerno Properties Receives $61,330.49 TIF Redevelopment Contract · Dec 9, 2024$61.3KTown of Kewanee, IllinoisTIF Subsidy Approved for Cerno Properties Redevelopment · Dec 9, 2024UndisclosedAll Cerno Properties contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Town of Kewanee?

Cerno Properties was awarded this government contract by Town of Kewanee, as recorded on December 9, 2024. The contract value is $61,330.49.

How much is the Cerno Properties contract with Town of Kewanee worth?

The Cerno Properties contract with Town of Kewanee is valued at $61,330.49.

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 city-of-kewanee-council-meeting-minutes-december-9-2024_868.pdf (Minutes), dated December 9, 2024 from Town of Kewanee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Cerno Properties hold?

Cerno Properties 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 Town of Kewanee currently buying?

Explore Town of Kewanee's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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