CONTRACTONGOING

Stellantis-Linked Land Deal With Deed Restrictions

Boone County
Disclosed value
$200,000 between two contracts (related commitments)
From agendapacket
Document date
Jun 14, 2024

The 30-second brief

What it covers

Northern Illinois Land Bank Authority is party to land transactions associated with Stellantis for a manufacturing project in Belvidere, structured with deed restrictions limiting future use to farming or EV manufacturing. The related contracts involve roughly $200,000 in commitments and grant reimbursement obligations tied to DCEO.

Who holds it

STELLANTIS holds this contract with Boone County. Its other public contracts on record include work for Grand County and City of Auburn Hills.

What happens next

Term as filed: Nine months (deed restriction, with exit before end anticipated).

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Contract details

Amount
$200,000 between two contracts (related commitments)
Document date
June 14, 2024
Term
Nine months (deed restriction, with exit before end anticipated)
Source document
Northern Illinois Land Bank Authority AgendaPacket 2024-06-14 (AgendaPacket)

STELLANTIS's other public contracts

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Questions about this contract

Who was awarded the government contract by Boone County?

STELLANTIS was awarded this government contract by Boone County, as recorded on June 14, 2024. The contract value is $200,000 between two contracts (related commitments).

How much is the STELLANTIS contract with Boone County worth?

The STELLANTIS contract with Boone County is valued at $200,000 between two contracts (related commitments).

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Northern Illinois Land Bank Authority AgendaPacket 2024-06-14 (AgendaPacket), dated June 14, 2024 from Boone County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does STELLANTIS hold?

STELLANTIS 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 Boone County currently buying?

Explore Boone County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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