Town of Benton Awards Financial Services Contract to Arkat Properties LLC (August 2021)
Town of BentonCity · Beach Park, IL- Approved
- Aug 23, 2021
The 30-second brief
The Benton City Council approved a TIF agreement with Arkat Properties, LLC providing 85% reimbursement over the remaining nine-year life of the TIF district. The agreement supports the Kathalynas Spine, Sport & Rehabilitation project on Church Street.
Arkat Properties LLC holds this financial services contract with Town of Benton.
Term as filed: 85% reimbursement over remaining 9-year life of the TIF.
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Contract details
- Contract type
- Financial Services
- Document date
- August 23, 2021
- Term
- 85% reimbursement over remaining 9-year life of the TIF
- Vendor
- Arkat Properties LLC
- Agency
- Town of Benton
- Source document
- Benton City Council Minutes 2021-08-23 (Minutes)
More Town of Benton contracts
Questions about this contract
Who was awarded the financial services contract by Town of Benton?
Arkat Properties LLC was awarded this financial services contract by Town of Benton, as recorded on August 23, 2021.
What type of contract is this?
This is a Financial Services contract, documented as a minutes record.
Where was this contract approved?
This contract appears in Benton City Council Minutes 2021-08-23 (Minutes), dated August 23, 2021 from Town of Benton. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
What other contracts does Arkat Properties LLC hold?
Arkat Properties 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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What is Town of Benton currently buying?
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