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Council Amends Conant Development TIF 4 Agreement

City of Salem
Disclosed value
Reimbursement to the floor of $405,000.00; maximum remains $1,000,000.00
From minutes
Document date
Jun 1, 2026

The 30-second brief

What it covers

The City Council approved an amendment to the Conant Development TIF 4 agreement, guaranteeing reimbursement up to $405,000.00 for verified infrastructure work, while keeping the maximum cap at $1,000,000.00.

Who holds it

Conant Development holds this contract with City of Salem. Its other public contracts on record include work for Town of Salamonia and Salem Fire Protection District.

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Contract details

Amount
Reimbursement to the floor of $405,000.00; maximum remains $1,000,000.00
Document date
June 1, 2026
Vendor
Conant Development
Agency
City of Salem
Source document
City of Salem Regular City Council Meeting Minutes 2026-06-01 (Minutes)

Conant Development's other public contracts

City of Salem, IllinoisApproval for TIF 4 Predevelopment Agreement · Apr 21, 2025UndisclosedTown of Salamonia, IndianaConant Development Secures TIF Development Agreement Amendment · Apr 21, 2025UndisclosedSalem Fire Protection District, IllinoisSalem amends TIF agreement with Conant development · Apr 21, 2025UndisclosedCity of Salem, ArkansasConant Development TIF Agreement Amended, Approved. · Apr 21, 2025UndisclosedSalem Fire Protection District, IllinoisTIF Agreement Amendment for Conant Development · Apr 21, 2025UndisclosedAll Conant Development contractsVendor profile

More City of Salem contracts

Western Specialty ContractorsCity Hall Masonry Contract Recommended for Western Specialty · Oct 19, 2026Williams, AlexSalem Considers TIF4 Rehabilitation Agreement With Alex Williams · Oct 3, 2026UndisclosedSouth Central Illinois Special Response TeamSalem Considers Mutual Aid Agreement With Response Team · Oct 3, 2026UndisclosedMolenhour Power EquipmentSalem Lists Payment to Molenhour Power Equipment · Sep 21, 2026$1.2KCDISalem Recommends CDI Lift Station Engineering Contract · Sep 21, 2026$19.8KAll City of Salem activityAgency profile

Questions about this contract

Who was awarded the government contract by City of Salem?

Conant Development was awarded this government contract by City of Salem, as recorded on June 1, 2026. The contract value is Reimbursement to the floor of $405,000.00; maximum remains $1,000,000.00.

How much is the Conant Development contract with City of Salem worth?

The Conant Development contract with City of Salem is valued at Reimbursement to the floor of $405,000.00; maximum remains $1,000,000.00.

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 City of Salem Regular City Council Meeting Minutes 2026-06-01 (Minutes), dated June 1, 2026 from City of Salem. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Conant Development hold?

Conant Development 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 City of Salem currently buying?

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

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