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TIF Contract Proposed With FKRT for Coffee House Project

Oakwood village
Disclosed value
$100,000 ($30,000 building purchase + $70,000 TIF funding)
From meeting minutes
Document date
Jun 10, 2024

The 30-second brief

What it covers

The Mayor recommends the village deed the former fire station to FKRT for $30,000 and provide $70,000 in TIF funds under a single contract, expediting plans for a new coffee house.

Who holds it

FKRT holds this contract with Oakwood village. Its other public contracts on record include work for Town of Oakwood.

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Contract details

Amount
$100,000 ($30,000 building purchase + $70,000 TIF funding)
Document date
June 10, 2024
Vendor
FKRT
Agency
Oakwood village
Source document
oakwood-fire-protection-districtmeeting-minutes2024-06-10_750.pdf (Meeting Minutes)

FKRT's other public contracts

Oakwood village, IllinoisOakwood considers $100k TIF contract for FKRT · Jun 10, 2024$100KTown of Oakwood, IllinoisTIF-Funded Fire Station Sale to FKRT for Coffee Shop · Jun 10, 2024Oakwood village, Illinoisoakwood-agenda-2024-04-15-pdf_3a3.pdf · Apr 15, 2024UndisclosedTown of Oakwood, IllinoisOld Fire Station Sale Awarded to FKRT · Apr 15, 2024UndisclosedTown of Oakwood, IllinoisBoard Approves Sale of Old Fire Station to FKRT · Apr 15, 2024UndisclosedAll FKRT contractsVendor profile

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Questions about this contract

Who was awarded the government contract by Oakwood village?

FKRT was awarded this government contract by Oakwood village, as recorded on June 10, 2024. The contract value is $100,000 ($30,000 building purchase + $70,000 TIF funding).

How much is the FKRT contract with Oakwood village worth?

The FKRT contract with Oakwood village is valued at $100,000 ($30,000 building purchase + $70,000 TIF funding).

What type of contract is this?

This is a government contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in oakwood-fire-protection-districtmeeting-minutes2024-06-10_750.pdf (Meeting Minutes), dated June 10, 2024 from Oakwood village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does FKRT hold?

FKRT may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Oakwood village currently buying?

Explore Oakwood village's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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