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Large TIF 2 Payment Proposed for Farmweld Contract 3

Teutopolis village logoTeutopolis village
Disclosed value
$121,796.34
From agenda
Document date
Aug 19, 2026

The 30-second brief

What it covers

The Village of Teutopolis Board will discuss and potentially approve a $121,796.34 TIF 2 payment under Farmweld Contract 3. The disbursement supports the Farmweld project pursuant to previously established economic development agreements.

Who holds it

FARMWELD holds this construction contract with Teutopolis village. Its other public contracts on record include work for Town of Teutopolis and Teutopolis Fire Protection District.

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Contract details

Contract type
Construction
Amount
$121,796.34
Document date
August 19, 2026
Vendor
FARMWELD
Agency
Teutopolis village
Source document
Village of Teutopolis Agenda August 19, 2026 (Agenda)

FARMWELD's other public contracts

Teutopolis village, IllinoisTIF 2 Payment Considered on Farmweld Contract 1 · Aug 19, 2026$7.3KTown of Teutopolis, IllinoisTIF Agreement Amendment with Farmweld · Jul 2, 2025UndisclosedTown of Teutopolis, IllinoisTIF Redevelopment Agreement with Farmweld Inc. · Jul 2, 2025UndisclosedTeutopolis Fire Protection District, IllinoisFarmweld Inc. TIF Redevelopment Agreement Amendment · Jul 2, 2025UndisclosedTown of Teutopolis, IllinoisFarmweld Inc gets $7,460.44 TIF 2 payout · Jun 4, 2025$7.5KAll FARMWELD contractsVendor profile

More Teutopolis village contracts

Esker & WalkerTeutopolis Considers Esker & Walker Sidewalk Change Order · Sep 15, 2026UndisclosedEffingham AsphaltTeutopolis Approves $153383.85 Effingham Asphalt Payment · Sep 2, 2026$153.4KMbi ConstructionTeutopolis Approves $120573.35 MBI Construction Payment · Sep 2, 2026$120.6KMilano & GrunlohMilano & Grunloh Provides Village Project Updates · Sep 2, 2026UndisclosedNATIONWIDETeutopolis Approves Nationwide Employee Health Insurance · Sep 2, 2026UndisclosedAll Teutopolis village activityAgency profile

Questions about this contract

Who was awarded the construction contract by Teutopolis village?

FARMWELD was awarded this construction contract by Teutopolis village, as recorded on August 19, 2026. The contract value is $121,796.34.

How much is the FARMWELD contract with Teutopolis village worth?

The FARMWELD contract with Teutopolis village is valued at $121,796.34, covering construction work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Teutopolis Agenda August 19, 2026 (Agenda), dated August 19, 2026 from Teutopolis village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does FARMWELD hold?

FARMWELD 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 Teutopolis village currently buying?

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

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