City of Pekin Regular City Council Meeting Agenda Packet 2026-06-22
Fourth Amendment to Real Estate Purchase Agreement
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Description
The City Council will consider Ordinance No. 4408-26/27 approving a fourth amendment to its Agreement for Purchase and Sale of Real Property with JPG Commercial Real Estate, LLC, extending the due diligence period. The amendment adjusts timing but does not state any change in purchase price.
Contract Details
Vendor
JPG COMMERCIAL REAL ESTATE LLC
Agency
Town of Pekin, IL
Contract Type
FACILITIES
Document Date
June 22, 2026
Contract Term
Due diligence period extended (new end date not specified)
Renewal Info
Fourth amendment extends the due diligence period under the existing purchase and sale agreement; specific new deadline not provided.
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