FINANCIAL_SERVICESAMENDED

Amended TIF Agreement for 343 Court Street Project

Pekin Council approved, as amended, Ordinance 4425-26/27 for a five-year TIF Redevelopment Agreement with Mary Teresa Lohman, offering up to $100,000 for improvements at 343 Court Street. The amendment removed a fixed $50,000 sprinkler-system allocation while retaining incentives tied to maintaining a commercial first-floor tenant.

Status
AMENDED
Document date
August 24, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Lohman, Mary Teresa
Agency
City of Pekin city · IL

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

Scope & details

The full contract record, as filed.

Contract amount
Up to $100,000 incentive
Contract type
FINANCIAL_SERVICES
Contract term
Five-year agreement
Renewal date
2031-12-31
Renewal
Five-year TIF agreement requiring a commercial ground-floor tenant; amendment removed a fixed sprinkler funding requirement. Renewal beyond the five years is not specified.
Document type
AgendaPacket
Source document
City of Pekin Regular City Council Meeting Agenda Packet 2026-08-24

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Pekin city?

Lohman, Mary Teresa was awarded this financial services contract by City of Pekin city, as recorded on August 24, 2026. The contract value is Up to $100,000 incentive.

How much is the Lohman, Mary Teresa contract with City of Pekin city worth?

The Lohman, Mary Teresa contract with City of Pekin city is valued at Up to $100,000 incentive, covering financial services work.

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 Pekin Regular City Council Meeting Agenda Packet 2026-08-24 (AgendaPacket), dated August 24, 2026 from City of Pekin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lohman, Mary Teresa hold?

Lohman, Mary Teresa 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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What is City of Pekin city currently buying?

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

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