CONTRACTONGOING

Posto 31 Redevelopment Incentive Fully Reimbursed

Disclosed value: $135,000 incentive (reimbursed via Business District taxes); annual reimbursements of $9,005 (FY20), $11,625 (FY21), $9,715 (FY22), $13,256 (FY23), $8,911 (FY24), $6,227 (FY25); From agendapacket
Document date: Nov 9, 2026

What it covers

The Village of La Grange Park continues its 2017 redevelopment agreement with Posto 31, reimbursing a total incentive of $135,000 funded by Business District taxes for a full-service restaurant and related public water and sewer improvements. Annual reimbursements from FY2020 through FY2025 share tax increment generated by the property’s redevelopment.

Who holds it

Posto 31 holds this construction contract with La Grange Park village.

What happens next

Term as filed: Redevelopment Agreement approved in 2017; reimbursements FY2020–FY2025, incentive fully reimbursed by FY2026.

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Contract details

Contract type: Construction
Amount: $135,000 incentive (reimbursed via Business District taxes); annual reimbursements of $9,005 (FY20), $11,625 (FY21), $9,715 (FY22), $13,256 (FY23), $8,911 (FY24), $6,227 (FY25)
Document date: November 9, 2026
Term: Redevelopment Agreement approved in 2017; reimbursements FY2020–FY2025, incentive fully reimbursed by FY2026
Vendor: Posto 31
Agency: La Grange Park village
Source document: Village of La Grange Park AgendaPacket Joint Review Board Agenda and TIF Report 2026-11-18 (AgendaPacket)

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Questions about this contract

Who was awarded the construction contract by La Grange Park village?

Posto 31 was awarded this construction contract by La Grange Park village, as recorded on November 9, 2026. The contract value is $135,000 incentive (reimbursed via Business District taxes); annual reimbursements of $9,005 (FY20), $11,625 (FY21), $9,715 (FY22), $13,256 (FY23), $8,911 (FY24), $6,227 (FY25).

How much is the Posto 31 contract with La Grange Park village worth?

The Posto 31 contract with La Grange Park village is valued at $135,000 incentive (reimbursed via Business District taxes); annual reimbursements of $9,005 (FY20), $11,625 (FY21), $9,715 (FY22), $13,256 (FY23), $8,911 (FY24), $6,227 (FY25), covering construction work.

What type of contract is this?

This is a Construction contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Village of La Grange Park AgendaPacket Joint Review Board Agenda and TIF Report 2026-11-18 (AgendaPacket), dated November 9, 2026 from La Grange Park village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Posto 31 hold?

Posto 31 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 La Grange Park village currently buying?

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

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