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Town of Berreman Awards $220,162 Tax Increment Financing Contract to Ktown Real Estate (April 2025)

Town of Berreman
Disclosed value
$220,161.61
From minutes
Approved
Apr 28, 2025

The 30-second brief

What it covers

City expresses intent regarding Tax Increment Financing for development by KTown Real Estate, LLC. The city agreed to the funding of up to $220,161.61 of eligible expenses.

Who holds it

Ktown Real Estate holds this tax increment financing contract with Town of Berreman. Its other public contracts on record include work for City of Kewanee and Town of Kewanna.

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Contract details

Contract type
Tax Increment Financing
Amount
$220,161.61
Document date
April 28, 2025
Term
NA
Vendor
Ktown Real Estate
Agency
Town of Berreman
Source document
city-of-kewanee-council-meeting-minutes-april-28-2025_eb2.pdf (Minutes)

Ktown Real Estate's other public contracts

City of Kewanee, IllinoisCouncil Approves TIF Deal With KTown Real Estate · Jul 28, 2025UndisclosedTown of Kewanna, IndianaCouncil amends, approves TIF deal with KTown · Jul 28, 2025UndisclosedTown of Kewanna, IndianaKTown Real Estate gets Kewanee's TIF redevelopment approval · Jul 14, 2025$221.2KTown of Berreman, IllinoisTIF Redevelopment Agreement Considered with KTown Real Estate · Jul 14, 2025UndisclosedCity of Kewanee, IllinoisTIF Redevelopment Agreement with KTown Real Estate · Jul 14, 2025UndisclosedAll Ktown Real Estate contractsVendor profile

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Questions about this contract

Who was awarded the tax increment financing contract by Town of Berreman?

Ktown Real Estate was awarded this tax increment financing contract by Town of Berreman, as recorded on April 28, 2025. The contract value is $220,161.61.

How much is the Ktown Real Estate contract with Town of Berreman worth?

The Ktown Real Estate contract with Town of Berreman is valued at $220,161.61, covering tax increment financing work.

What type of contract is this?

This is a Tax Increment Financing contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-kewanee-council-meeting-minutes-april-28-2025_eb2.pdf (Minutes), dated April 28, 2025 from Town of Berreman. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Ktown Real Estate hold?

Ktown Real Estate 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 Berreman currently buying?

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

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