Geneseo Committee of the Whole Agenda Packet 2026-05-26
Development agreement for JF Edwards expansion in TIF
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Description
The City of Geneseo is considering a Development Agreement with J.F. Edwards Construction Company for an $8 million, two-phased expansion in the Ford Road TIF district, under which the City will extend sanitary sewer infrastructure and the company will construct new facilities. The agreement remains in force until a Certificate of Occupancy is issued for the project.
Contract Details
Vendor
J.F. EDWARDS CONSTRUCTION COMPANY
Agency
City of Geneseo, IL
Contract Type
OTHER
Document Date
May 26, 2026
Contract Term
Until Certificate of Occupancy is issued for the Project
Renewal Info
Agreement remains in full force until a Certificate of Occupancy is issued for the Project; includes phased obligations and performance security provisions rather than traditional renewals.
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