Village Plans Land Sale for Battery Storage Project | Park Forest village (pt.) | NEW SOUTHTOWN INVESTMENTS LLC

Scope & details

The full contract record, as filed.

Contract amount

$28,711.00

Contract type

OTHER

Contract term

Development milestones: Special Use application within 12 months of closing; Special Use approval within 18–24 months; construction start within 18–20 months; substantial completion within 36 months of closing

Renewal

Agreement includes post-closing development milestones and a deed restriction with a right of re-entry; failure to meet milestones can trigger reconveyance of the property for nominal consideration. No automatic renewal; long-term land-use restrictions are perpetual unless amended.

Document type

AgendaPacket

Source document

Village of Park Forest Agenda Packet 2026-07-20

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Village of Park Forest AgendaPacket Board of Trustees Meeting 2026-09-08

DISCUSSED

Park Forest village (pt.), Illinois$28,711Sep 8, 2026

Village of Park Forest AgendaPacket Board of Trustees Meeting 2026-09-08

DISCUSSED

Park Forest village (pt.), Illinois$28,711Sep 8, 2026

Village of Matteson AgendaPacket Board Meeting Minutes 2026-07-20

Village of Matteson Board Meeting Minutes 2026-07-20

APPROVED

Matteson village, Illinois$12,500 plus $5,000 per year for 10 years (total community benefit $50,000)Jul 20, 2026

Park Forest Minutes Regular Meeting of the Board of Trustees 2026-07-06

DISCUSSED

Park Forest village (pt.), Illinois$28,711Jul 6, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Park Forest village (pt.)?

New Southtown Investments Llc was awarded this government contract by Park Forest village (pt.), as recorded on July 20, 2026. The contract value is $28,711.00.

How much is the New Southtown Investments Llc contract with Park Forest village (pt.) worth?

The New Southtown Investments Llc contract with Park Forest village (pt.) is valued at $28,711.00.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Park Forest Agenda Packet 2026-07-20 (AgendaPacket), dated July 20, 2026 from Park Forest village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does New Southtown Investments Llc hold?

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What is Park Forest village (pt.) currently buying?

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