City boosts TIF award for State Street project
Town of South LitchfieldCity · IL- Disclosed value
- $55,480
- From agenda
- Document date
- Aug 7, 2025
- Term
- 6 years
The 30-second brief
City is increasing a Tax Increment Financing TIF award by $5,880 to Erik and Meghan Hyam to cover the additional cost of their roofing project. This brings the total TIF award for the project, located at 606 N. State St., to $55,480, reimbursing 50% of TIF eligible expenses over six years, with annual payments of $9,246.67.
Erik & Meghan Hyam holds this real estate redevelopment contract with Town of South Litchfield. Its other public contracts on record include work for City of Litchfield.
Term as filed: 6 years.
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Contract details
- Contract type
- Real Estate Redevelopment
- Amount
- $55,480
- Document date
- August 7, 2025
- Term
- 6 years
- Vendor
- Erik & Meghan Hyam
- Agency
- Town of South Litchfield
- Source document
- city-of-litchfield-city-council-meeting-agenda-august-7-2025_1e8.pdf (Agenda)
Erik & Meghan Hyam's other public contracts
More Town of South Litchfield contracts
Questions about this contract
Who was awarded the real estate redevelopment contract by Town of South Litchfield?
Erik & Meghan Hyam was awarded this real estate redevelopment contract by Town of South Litchfield, as recorded on August 7, 2025. The contract value is $55,480.
How much is the Erik & Meghan Hyam contract with Town of South Litchfield worth?
The Erik & Meghan Hyam contract with Town of South Litchfield is valued at $55,480, covering real estate redevelopment work.
What type of contract is this?
This is a Real Estate Redevelopment contract, documented as a agenda record.
Where was this contract approved?
This contract appears in city-of-litchfield-city-council-meeting-agenda-august-7-2025_1e8.pdf (Agenda), dated August 7, 2025 from Town of South Litchfield. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What is Town of South Litchfield currently buying?
Explore Town of South Litchfield's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.