Rock Island approves $62.5K TIF for redevelopment
Town of Rock IslandCity · Rock Island, IL- Disclosed value
- $62,500.00
- From contract
- Document date
- Jun 23, 2025
- Term
- 5 years
The 30-second brief
City of Rock Island approves TIF incentives up to $62,500 for New Field Ventures, LLC to redevelop property into office suites. Payments are contingent on TIF funds and will be made over five years based on incremental tax revenue.
New Field Ventures holds this tif incentive contract with Town of Rock Island. Its other public contracts on record include work for Town of Bowling and City of Rock Island city.
Term as filed: 5 years.
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Contract details
- Contract type
- Tif Incentive
- Amount
- $62,500.00
- Document date
- June 23, 2025
- Term
- 5 years
- Vendor
- New Field Ventures
- Agency
- Town of Rock Island
- Source document
- city-of-rock-island-development-agreement-june-23-2025_840.pdf (Contract)
New Field Ventures's other public contracts
More Town of Rock Island contracts
Questions about this contract
Who was awarded the tif incentive contract by Town of Rock Island?
New Field Ventures was awarded this tif incentive contract by Town of Rock Island, as recorded on June 23, 2025. The contract value is $62,500.00.
How much is the New Field Ventures contract with Town of Rock Island worth?
The New Field Ventures contract with Town of Rock Island is valued at $62,500.00, covering tif incentive work.
What type of contract is this?
This is a Tif Incentive contract, documented as a contract record.
Where was this contract approved?
This contract appears in city-of-rock-island-development-agreement-june-23-2025_840.pdf (Contract), dated June 23, 2025 from Town of Rock Island. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does New Field Ventures hold?
New Field Ventures 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 Rock Island currently buying?
Explore Town of Rock Island's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.