Town of Pekin Awards $824,000 Tax Increment Financing Contract to ESTES3 (May 2025)
Town of PekinCity · Pekin, IL- Disclosed value
- $824,000
- From agenda
- Approved
- May 27, 2025
- Term
- up to 10 years
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THE 30-SECOND BRIEF
E3 Collision to receive up to $824,000 in TIF assistance through tax rebates over up to 10 years. The city will reimburse 50% of the increase in property taxes.
ESTES3 holds this tax increment financing contract with Town of Pekin. Its other public contracts on record include work for City of Pekin city.
Term as filed: up to 10 years.
Contract details
- Contract type
- Tax Increment Financing
- Amount
- $824,000
- Document date
- May 27, 2025
- Term
- up to 10 years
- Vendor
- ESTES3
- Agency
- Town of Pekin
- Source document
- town-of-pekin-request-for-council-action-may-27-2025_578.pdf (Agenda)
ESTES3's other public contracts
More Town of Pekin contracts
Questions about this contract
Who was awarded the tax increment financing contract by Town of Pekin?
ESTES3 was awarded this tax increment financing contract by Town of Pekin, as recorded on May 27, 2025. The contract value is $824,000.
How much is the ESTES3 contract with Town of Pekin worth?
The ESTES3 contract with Town of Pekin is valued at $824,000, covering tax increment financing work.
What type of contract is this?
This is a Tax Increment Financing contract, documented as a agenda record.
Where was this contract approved?
This contract appears in town-of-pekin-request-for-council-action-may-27-2025_578.pdf (Agenda), dated May 27, 2025 from Town of Pekin. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does ESTES3 hold?
ESTES3 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 Town of Pekin currently buying?
Explore Town of Pekin's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.