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Venture One Maintenance Bond Released for Crossroads 55

Town of Channahon
Disclosed value
$1,405,710.60
From minutes
Document date
Jan 19, 2026
Term
two-year maintenance guarantee (expired)

The 30-second brief

What it covers

After a successful two-year maintenance period, Channahon will release Venture One's $1,405,710.60 maintenance guarantee for the Crossroads 55 Trailer Lot. The project passed final inspection and staff identified no deficiencies.

Who holds it

Venture One holds this construction contract with Town of Channahon. Its other public contracts on record include work for University Park village (pt.).

What happens next

Term as filed: two-year maintenance guarantee (expired).

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Contract details

Contract type
Construction
Amount
$1,405,710.60
Document date
January 19, 2026
Term
two-year maintenance guarantee (expired)
Vendor
Venture One
Agency
Town of Channahon
Source document
Channahon Village Board Committee of the Whole Minutes January 19, 2026 (Minutes)

Venture One's other public contracts

University Park village (pt.), IllinoisVenture One Donates Land Parcels for TIF 7 Development · Dec 9, 2025Town of Channahon, IllinoisVillage Releases $193K Maintenance Bond for Venture One · Sep 16, 2024$193.3KTown of Channahon, IllinoisStormwater Maintenance Bond Over $1.1M Released for Venture One · Sep 16, 2024$1.1MUniversity Park village (pt.), Illinoisuniversity-park-agenda-2024-06-11-pdf_875.pdf · Jun 11, 2024UndisclosedTown of Channahon, IllinoisChannahon Considers Venture One Bond Releases · May 20, 2024UndisclosedAll Venture One contractsVendor profile

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Questions about this contract

Who was awarded the construction contract by Town of Channahon?

Venture One was awarded this construction contract by Town of Channahon, as recorded on January 19, 2026. The contract value is $1,405,710.60.

How much is the Venture One contract with Town of Channahon worth?

The Venture One contract with Town of Channahon is valued at $1,405,710.60, covering construction work.

What type of contract is this?

This is a Construction contract, documented as a minutes record.

Where was this contract approved?

This contract appears in Channahon Village Board Committee of the Whole Minutes January 19, 2026 (Minutes), dated January 19, 2026 from Town of Channahon. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Venture One hold?

Venture One 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 Channahon currently buying?

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

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