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OTHERAMENDED

Village of Peoria Heights Board of Trustees Minutes 2026-06-02

Village Amends Redevelopment Deal with Pearl Enterprises

Village to contribute 50% of the cost up to $250,000Peoria Heights village (pt.)PEARL ENTERPRISES OF ILLINOIS LLCJune 2, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
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Description

The Village Board amended the redevelopment agreement with Pearl Enterprises of Illinois, LLC, approving a 50% match up to $250,000 for public sidewalk replacement and requiring the developer to add four parking spaces if the project cost exceeds this limit.

Contract Details

Contract Amount

Village to contribute 50% of the cost up to $250,000

Vendor

PEARL ENTERPRISES OF ILLINOIS LLC

Agency

Peoria Heights village (pt.), IL

Contract Type

OTHER

Document Date

June 2, 2026

Renewal Info

Second amendment; original and prior versions exist. Village match capped and additional public parking required if exceeded.

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