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City of Pekin city Awards $50,000 Redevelopment Contract to Aaron & Kris Greene (February 2025)

City of Pekin city logoCity of Pekin city
Disclosed value
$50,000
From resolution
Approved
Feb 24, 2025
Term
10 years

The 30-second brief

What it covers

City of Pekin approves a redevelopment agreement with Aaron and Kris Greene for a residential project within the Pekin East Residential TIF District. The agreement includes reimbursement of up to $50,000 in TIF eligible project costs related to land acquisition, with reimbursements tied to incremental increases in real estate tax revenue over a 10-year period.

Who holds it

Aaron & Kris Greene holds this redevelopment contract with City of Pekin city. Its other public contracts on record include work for Town of Pekin and South Pekin village.

What happens next

Term as filed: 10 years.

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Contract details

Contract type
Redevelopment
Amount
$50,000
Document date
February 24, 2025
Term
10 years
Vendor
Aaron & Kris Greene
Agency
City of Pekin city
Source document
city-of-pekin-ordinance-approving-redevelopment-agreement_b48.pdf (Resolution)

Aaron & Kris Greene's other public contracts

Town of Pekin, Illinoistown-of-pekinagenda2025-02-24_828.pdf · Feb 24, 2025UndisclosedTown of Pekin, Illinoistown-of-pekinagenda2025-02-24_9fc.pdf · Feb 24, 2025UndisclosedCity of Pekin city, IllinoisGreene's awarded tax rebate of $50,000 for home development · Feb 24, 2025$50KSouth Pekin village, IllinoisPekin approves TIF redevelopment agreement with Aaron and Kris Greene · Feb 24, 2025$50KCity of Pekin city, IllinoisGreene's get $50k TIF redevelopment for new home · Feb 24, 2025$50K

More City of Pekin city contracts

Pekin Park DistrictPekin Updates Splash Pad TIF Agreement With Park District · Jul 13, 2026UndisclosedCLOUDPOINTCloudpoint Continues Providing GIS Support to Pekin · Jul 13, 2026UndisclosedGreater Peoria Economic Development CouncilPekin Renews $25,000 Partnership With GPEDC · Jul 13, 2026$25KJacob & KleinJacob & Klein Guides TIF Compliance on Splash Pad · Jul 13, 2026UndisclosedAxon Enterprise IncPekin OKs Five-Year Axon Body Camera Agreement · Jul 13, 2026$40.2KAll City of Pekin city activityAgency profile

Questions about this contract

Who was awarded the redevelopment contract by City of Pekin city?

Aaron & Kris Greene was awarded this redevelopment contract by City of Pekin city, as recorded on February 24, 2025. The contract value is $50,000.

How much is the Aaron & Kris Greene contract with City of Pekin city worth?

The Aaron & Kris Greene contract with City of Pekin city is valued at $50,000, covering redevelopment work.

What type of contract is this?

This is a Redevelopment contract, documented as a resolution record.

Where was this contract approved?

This contract appears in city-of-pekin-ordinance-approving-redevelopment-agreement_b48.pdf (Resolution), dated February 24, 2025 from City of Pekin city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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