City of Pekin city Awards $50,000 Tax Increment Financing (Tif) Redevelopment Agreement Contract to Aaron & Kris Greene (February 2025)
City of Pekin cityCity · Pekin, IL- Disclosed value
- $50,000
- From meeting minutes
- Approved
- Feb 24, 2025
- Term
- Up to 10 years
The 30-second brief
City Council Approves TIF Agreement with Aaron and Kris Greene. Property tax rebates up to $50,000 for new residential construction under the new residential TIF policy, to encourage builders to invest in the community.
Aaron & Kris Greene holds this tax increment financing (tif) redevelopment agreement contract with City of Pekin city. Its other public contracts on record include work for Town of Pekin and South Pekin village.
Term as filed: Up to 10 years.
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Contract details
- Contract type
- Tax Increment Financing (Tif) Redevelopment Agreement
- Amount
- $50,000
- Document date
- February 24, 2025
- Term
- Up to 10 years
- Vendor
- Aaron & Kris Greene
- Agency
- City of Pekin city
- Source document
- city-of-pekin-city-meeting-minutes-2025-02-24_d8d.pdf (Meeting Minutes)
Aaron & Kris Greene's other public contracts
More City of Pekin city contracts
Questions about this contract
Who was awarded the tax increment financing (tif) redevelopment agreement contract by City of Pekin city?
Aaron & Kris Greene was awarded this tax increment financing (tif) redevelopment agreement 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 tax increment financing (tif) redevelopment agreement work.
What type of contract is this?
This is a Tax Increment Financing (Tif) Redevelopment Agreement contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-pekin-city-meeting-minutes-2025-02-24_d8d.pdf (Meeting Minutes), 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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