City of Prophetstown Council Meeting Minutes November 2025
TIF reimbursement approved for Frary Lumber project
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Description
The Prophetstown City Council approved the use of TIF District funds to reimburse Frary Lumber for a project, providing one-half of the estimated cost up to a maximum of $18,000. This action supports local economic development through targeted tax increment financing assistance.
Contract Details
Contract Amount
One-half of the estimated amount, not to exceed $18,000.00
Vendor
FRARY LUMBER
Agency
City of Prophetstown, IL
Contract Type
FACILITIES
Document Date
November 11, 2025
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