Council amends, approves TIF deal with KTown
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Description
The Kewanee City Council approved and amended a TIF Redevelopment Agreement with KTown Real Estate for a new car wash near Tenney and W. McClure Streets, setting a 7-year cumulative TIF assistance period. The amendment and ordinance were adopted with one councilmember abstaining.
Contract Details
Vendor
KTOWN REAL ESTATE
Agency
Town of Kewanna, IN
Contract Type
OTHER
Document Date
July 28, 2025
Contract Term
7-year cumulative TIF period
Renewal Info
TIF assistance structured as a 7-year cumulative amount per the council-approved amendment.
More from KTOWN REAL ESTATE
More from Town of Kewanna
city-of-kewanee-city-council-meeting-agenda-july-28-2025_589.pdf
kewanee-city-council-meeting-agenda-july-28-2025_c08.pdf
kewanee-city-council-meeting-agenda-july-28-2025_c08.pdf
kewanee-city-council-meeting-agenda-july-28-2025_c08.pdf
kewanee-city-council-meeting-agenda-july-28-2025_c08.pdf
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