City of Pekin city Awards $45,000 Incentive Agreement Contract to Margaret a Herrman Trust (June 2025)
City of Pekin cityCity · Pekin, IL- Disclosed value
- $45,000
- From agenda
- Approved
- Jun 23, 2025
- Term
- Up to 10 years
The 30-second brief
Margaret A. Herrman Trust approved for up to $45,000 in TIF property tax increment rebates over 10 years for new home development at 1915 Velde Drive.
Margaret a Herrman Trust holds this incentive agreement contract with City of Pekin city. Its other public contracts on record include work for Town of Pekin and City of Pekin.
Term as filed: Up to 10 years.
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Contract details
- Contract type
- Incentive Agreement
- Amount
- $45,000
- Document date
- June 23, 2025
- Term
- Up to 10 years
- Vendor
- Margaret a Herrman Trust
- Agency
- City of Pekin city
- Source document
- city-of-pekin-city-council-action-request-june-23-2025_5aa.pdf (Agenda)
Margaret a Herrman Trust's other public contracts
More City of Pekin city contracts
Questions about this contract
Who was awarded the incentive agreement contract by City of Pekin city?
Margaret a Herrman Trust was awarded this incentive agreement contract by City of Pekin city, as recorded on June 23, 2025. The contract value is $45,000.
How much is the Margaret a Herrman Trust contract with City of Pekin city worth?
The Margaret a Herrman Trust contract with City of Pekin city is valued at $45,000, covering incentive agreement work.
What type of contract is this?
This is a Incentive Agreement contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-pekin-city-council-action-request-june-23-2025_5aa.pdf (Agenda), dated June 23, 2025 from City of Pekin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Margaret a Herrman Trust hold?
Margaret a Herrman Trust 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 Pekin city currently buying?
Explore City of Pekin city's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.