Village Reviews Roundabout Ventures Pre-Annexation Deal

The Village of Timberlane discussed its 20-year Pre-Annexation Agreement with Roundabout Ventures LLC and requested legal counsel to examine options for ending the agreement earlier than the planned 2030 expiration. No formal amendment or termination action was taken at this meeting.

Document date · July 23, 2026

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Scope & details

The full contract record, as filed.

Contract type

OTHER

Contract term

20-year Pre-Annexation Agreement ending 2030

Renewal date

2030-12-31

Renewal

Agreement currently set to expire in 2030; board is exploring legal options to terminate prior to scheduled end date.

Document type

Minutes

Source document

Village of Timberlane Special Meeting Minutes 2026-07-23

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Village of Timberlane Agenda 2026-07-16

DISCUSSED

Timberlane village, IllinoisJul 16, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Timberlane village?

Roundabout Ventures Llc was awarded this government contract by Timberlane village, as recorded on July 23, 2026.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Village of Timberlane Special Meeting Minutes 2026-07-23 (Minutes), dated July 23, 2026 from Timberlane village. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Roundabout Ventures Llc hold?

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

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