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FACILITIESPENDING

City of DeKalb City Council Regular Meeting Agenda May 11 2026

City To Acquire NIU Monat Building For Parking

$1.00 (property transfer); estimated $670,000 for remediation, demolition, and site prep (excluding future paving)DeKalb Sycamore Area Transportation StudyNORTHERN ILLINOIS UNIVERSITYMay 11, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The City of DeKalb is considering approval of a purchase and sale agreement with Northern Illinois University to acquire the vacant Monat Building at 148 N. Third Street for $1.00. The City would undertake environmental remediation, demolition, and site preparation estimated up to $670,000 to create a new downtown parking lot funded through TIF 3.

Contract Details

Contract Amount

$1.00 (property transfer); estimated $670,000 for remediation, demolition, and site prep (excluding future paving)

Vendor

NORTHERN ILLINOIS UNIVERSITY

Agency

DeKalb Sycamore Area Transportation Study, IL

Contract Type

FACILITIES

Document Date

May 11, 2026

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