City Considers Expanded TIF Agreement With Osborne Developers
City of LitchfieldCity · Litchfield, IL- Disclosed value
- Up to $325,000, or 50% of eligible redevelopment project costs, whichever is less; estimated project costs of $650,000
- From agendapacket
- Document date
- Oct 15, 2026
- Renews
- Free account
The 30-second brief
The City Council is considering a second amended development agreement with Caleb and Rachel Osborne for redevelopment at 219 N. State Street. The proposed agreement would reimburse up to $325,000, or 50% of eligible costs, over three fiscal years.
Caleb & Rachel Osborne holds this contract with City of Litchfield. Its other public contracts on record include work for Town of South Litchfield.
The renewal date is on record. A free account shows it, with the renewals for every City of Litchfield contract.
Know when this contract comes back up.
See the renewal dateFree account · 30-second setup · No credit card
Contract details
- Amount
- Up to $325,000, or 50% of eligible redevelopment project costs, whichever is less; estimated project costs of $650,000
- Document date
- October 15, 2026
- Term
- Three fiscal years for TIF reimbursement; project substantially complete within 24 months of City approval
- Renews
- Free account
- Vendor
- Caleb & Rachel Osborne
- Agency
- City of Litchfield
- Source document
- City of Litchfield AgendaPacket City Council Meeting Agenda 2026-10-15 (AgendaPacket)
Caleb & Rachel Osborne's other public contracts
More City of Litchfield contracts
Questions about this contract
Who was awarded the government contract by City of Litchfield?
Caleb & Rachel Osborne was awarded this government contract by City of Litchfield, as recorded on October 15, 2026. The contract value is Up to $325,000, or 50% of eligible redevelopment project costs, whichever is less; estimated project costs of $650,000.
How much is the Caleb & Rachel Osborne contract with City of Litchfield worth?
The Caleb & Rachel Osborne contract with City of Litchfield is valued at Up to $325,000, or 50% of eligible redevelopment project costs, whichever is less; estimated project costs of $650,000.
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 City of Litchfield AgendaPacket City Council Meeting Agenda 2026-10-15 (AgendaPacket), dated October 15, 2026 from City of Litchfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 1 more question
What is City of Litchfield currently buying?
Explore City of Litchfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.