OTHERAPPROVED

TIF Redevelopment Sale of 220 W Madison to Salguero Approved

The Pontiac City Council approved a TIF redevelopment agreement with Olga L. Salguero for the purchase of 220 West Madison Street for $40,000. Under the agreement, Salguero will renovate the property for a Drenched Hydration beauty and wellness business and have it operational by July 30, 2027.

Status
APPROVED
Document date
July 6, 2026
Contract type
OTHER
Vendor
Salguero, Olga L
Agency
City of Pontiac 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
$40,000.00
Contract type
OTHER
Contract term
Purchase to be completed on or before July 30, 2026; renovation and business operational on or before July 30, 2027
Renewal date
2027-07-30
Document type
AgendaPacket
Source document
Pontiac City Council AgendaPacket 2026-07-06

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Pontiac city?

Salguero, Olga L was awarded this government contract by City of Pontiac city, as recorded on July 6, 2026. The contract value is $40,000.00.

How much is the Salguero, Olga L contract with City of Pontiac city worth?

The Salguero, Olga L contract with City of Pontiac city is valued at $40,000.00.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Pontiac City Council AgendaPacket 2026-07-06 (AgendaPacket), dated July 6, 2026 from City of Pontiac city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Salguero, Olga L hold?

Salguero, Olga L 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 Salguero, Olga L's profile

What is City of Pontiac city currently buying?

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

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