City of Geneseo Regular Council Meeting Agenda February 2026
Geneseo Adopts Fee Reimbursement Pact with J.F. Edwards for TIF Project
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Description
Geneseo approved a reimbursement agreement requiring J.F. Edwards Construction Company to repay City-incurred engineering and legal fees if Ford Road TIF and sewer projects do not proceed. This secures public cost recovery for major development proposals.
Contract Details
Vendor
J.F. EDWARDS CONSTRUCTION COMPANY
Agency
Town of Geneseo, IL
Contract Type
PROFESSIONAL_SERVICES
Document Date
February 10, 2026
Renewal Info
One-off agreement, may terminate by 30-day notice from either party; cost recovery only if annexation or utility expansion not completed.
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