Forgivable Loan Agreementapproved

Town of Centralia Awards Forgivable Loan Agreement Contract to Re Purpose Development (August 2025)

Forgivable Loan Agreement approved for RE: Purpose Development LLC for facade improvements at 117 E. Broadway from TIF #3. The improvements related to the façade loan and improvements include the purchase, framing, and installation of an overhead door of the business that will be known as Colden Brewery.

Status
approved
Document date
August 11, 2025
Contract type
Forgivable Loan Agreement
Vendor
Re Purpose Development
Agency
Town of Centralia · 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
NA
Contract type
Forgivable Loan Agreement
Contract term
NA
Document type
Minutes
Source document
centralia-city-council-meeting-minutes-august-11-2025_e9a.pdf

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the forgivable loan agreement contract by Town of Centralia?

Re Purpose Development was awarded this forgivable loan agreement contract by Town of Centralia, as recorded on August 11, 2025.

What type of contract is this?

This is a Forgivable Loan Agreement contract, documented as a minutes record.

Where was this contract approved?

This contract appears in centralia-city-council-meeting-minutes-august-11-2025_e9a.pdf (Minutes), dated August 11, 2025 from Town of Centralia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Re Purpose Development hold?

Re Purpose Development may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Re Purpose Development's profile

What is Town of Centralia currently buying?

Explore Town of Centralia's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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