DeForest village Awards $225,808 Financial Services Contract to Lcg Properties Deforest Llc (June 2026)

The Village of DeForest approved Resolution 2026-065 authorizing a $225,808 municipal revenue obligation to LCG Properties DeForest, LLC as a tax increment financing incentive for an industrial/commercial facility in TID No. 6. The obligation, maturing September 1, 2031, is payable solely from project-generated tax increment and is subject to annual appropriations.

Scope & details

The full contract record, as filed.

Contract amount

$225,808

Contract type

FINANCIAL_SERVICES

Contract term

Issue Date June 2, 2026; Maturity September 1, 2031; payable annually each September 1, 2027–2031, no interest

Renewal date

2031-09-01

Renewal

Single municipal revenue obligation with no interest, payable from Available Tax Increment from 2027–2031, terminating no later than the TID 6 termination date under Wis. Stat. 66.1105(7)(am)3 or upon full payment or cancellation under the Development Agreement; no renewal provisions.

Document type

Agenda

Source document

Village of DeForest Regular Village Board Meeting Agenda 2026-06-02

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Village of DeForest Regular Village Board Meeting Agenda 2026-06-02

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by DeForest village?

Lcg Properties Deforest Llc was awarded this financial services contract by DeForest village, as recorded on June 2, 2026. The contract value is $225,808.

How much is the Lcg Properties Deforest Llc contract with DeForest village worth?

The Lcg Properties Deforest Llc contract with DeForest village is valued at $225,808, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record.

Where was this contract approved?

This contract appears in Village of DeForest Regular Village Board Meeting Agenda 2026-06-02 (Agenda), dated June 2, 2026 from DeForest village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lcg Properties Deforest Llc hold?

Lcg Properties Deforest Llc 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 DeForest village currently buying?

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