village-of-cambridge-board-meeting-minutes-july-28-2025_d28.pdf
Spectrum Pub, LLC gets RDA, Lease agreement
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Description
Village of Cambridge approves Ordinance #25-12 RDA and lease agreement with Spectrum Pub, LLC. This includes funding through a grant and a 5-year forgivable loan of $50,000.00. The forgivable loan portion will be $19,700.00, allowing the pub to operate and utilize patio space and arcade.
Contract Details
Contract Amount
$19,700.00
Vendor
SPECTRUM PUB
Agency
Town of Cambridge, IL
Contract Type
Lease agreement
Document Date
July 28, 2025
Contract Term
5 year
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