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City of Kewanee Awards Financial Services Contract to Ktown Real Estate (July 2025)

City of Kewanee logoCity of Kewanee
Approved
Jul 28, 2025

The 30-second brief

What it covers

The Kewanee City Council approved a TIF Redevelopment Agreement with KTown Real Estate to support construction of a new car wash near Tenney and West McClure Streets. The agreement provides for tax increment reimbursements over a seven‑year cumulative period, following an amendment adopted by the council.

Who holds it

Ktown Real Estate holds this financial services contract with City of Kewanee. Its other public contracts on record include work for Town of Kewanna and Town of Berreman.

What happens next

Term as filed: 7-year cumulative TIF reimbursement period.

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Contract details

Contract type
Financial Services
Document date
July 28, 2025
Term
7-year cumulative TIF reimbursement period
Vendor
Ktown Real Estate
Agency
City of Kewanee
Source document
City of Kewanee Council Meeting Agenda Packet 2025-07-28 (AgendaPacket)

Ktown Real Estate's other public contracts

Town of Kewanna, IndianaCouncil amends, approves TIF deal with KTown · Jul 28, 2025UndisclosedTown of Kewanna, IndianaKTown Real Estate gets Kewanee's TIF redevelopment approval · Jul 14, 2025$221.2KTown of Berreman, IllinoisTIF Redevelopment Agreement Considered with KTown Real Estate · Jul 14, 2025UndisclosedCity of Kewanee, IllinoisTIF Redevelopment Agreement with KTown Real Estate · Jul 14, 2025UndisclosedTown of Kewanee, IllinoisKtown Real Estate and Kewanee sign $221K deal · Jul 14, 2025$221.2KAll Ktown Real Estate contractsVendor profile

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Questions about this contract

Who was awarded the financial services contract by City of Kewanee?

Ktown Real Estate was awarded this financial services contract by City of Kewanee, as recorded on July 28, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Kewanee Council Meeting Agenda Packet 2025-07-28 (AgendaPacket), dated July 28, 2025 from City of Kewanee. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ktown Real Estate hold?

Ktown Real Estate may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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

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