City of Litchfield Awards Financial Services Contract to MARSHALLS (October 2025)
City of LitchfieldCity · Litchfield, IL- Disclosed value
- 30% TIF reimbursement capped at $1,000,000 over six years
- From minutes
- Approved
- Oct 29, 2025
The 30-second brief
The Litchfield Economic Development Commission approved a new TIF reimbursement agreement supporting Marshalls at 1403 W. Ferdon Street. The city will reimburse 30% of eligible costs up to $1 million over six years to fund facade and store upgrades under an 18‑month project timeframe.
MARSHALLS holds this financial services contract with City of Litchfield. Its other public contracts on record include work for Town of Comstock charter and City of Winchester.
Term as filed: 18 months to commence project; reimbursement over six years.
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Contract details
- Contract type
- Financial Services
- Amount
- 30% TIF reimbursement capped at $1,000,000 over six years
- Document date
- October 29, 2025
- Term
- 18 months to commence project; reimbursement over six years
- Vendor
- MARSHALLS
- Agency
- City of Litchfield
- Source document
- Litchfield Economic Development Commission Minutes 2025-10-29 (Minutes)
MARSHALLS's other public contracts
More City of Litchfield contracts
Questions about this contract
Who was awarded the financial services contract by City of Litchfield?
MARSHALLS was awarded this financial services contract by City of Litchfield, as recorded on October 29, 2025. The contract value is 30% TIF reimbursement capped at $1,000,000 over six years.
How much is the MARSHALLS contract with City of Litchfield worth?
The MARSHALLS contract with City of Litchfield is valued at 30% TIF reimbursement capped at $1,000,000 over six years, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Litchfield Economic Development Commission Minutes 2025-10-29 (Minutes), dated October 29, 2025 from City of Litchfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does MARSHALLS hold?
MARSHALLS 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 City of Litchfield currently buying?
Explore City of Litchfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.