OAK development incentives and TIF expenses budgeted
Town of BourbonnaisCity · Bourbonnais, IL- Disclosed value
- $50,000 (FY 2024); $166,625 (FY 2025); plus $30,000 (FY 2023) and $75,000 (FY 2025) under Other TIF Expenses
- From budget
- Document date
- Jan 1, 2025
The 30-second brief
The TIF 18 Fund budgets economic incentive and related TIF expense payments for OAK, including $30,000 in FY 2023, $50,000 in FY 2024, and a combined $241,625 in FY 2025. These amounts appear to support development incentives and reimbursements associated with OAK within the TIF district.
OAK holds this contract with Town of Bourbonnais. Its other public contracts on record include work for City of Walker and City of East Grand Rapids.
Term as filed: Fiscal years 2023, 2024, and 2025 (budgeted incentives and reimbursements).
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Contract details
- Amount
- $50,000 (FY 2024); $166,625 (FY 2025); plus $30,000 (FY 2023) and $75,000 (FY 2025) under Other TIF Expenses
- Document date
- January 1, 2025
- Term
- Fiscal years 2023, 2024, and 2025 (budgeted incentives and reimbursements)
- Vendor
- OAK
- Agency
- Town of Bourbonnais
- Source document
- TIF 18 Fund Line Item Revenues and Expenditures FY 2023-2025 (Budget)
OAK's other public contracts
More Town of Bourbonnais contracts
Questions about this contract
Who was awarded the government contract by Town of Bourbonnais?
OAK was awarded this government contract by Town of Bourbonnais, as recorded on January 1, 2025. The contract value is $50,000 (FY 2024); $166,625 (FY 2025); plus $30,000 (FY 2023) and $75,000 (FY 2025) under Other TIF Expenses.
How much is the OAK contract with Town of Bourbonnais worth?
The OAK contract with Town of Bourbonnais is valued at $50,000 (FY 2024); $166,625 (FY 2025); plus $30,000 (FY 2023) and $75,000 (FY 2025) under Other TIF Expenses.
What type of contract is this?
This is a government contract, documented as a budget record.
Where was this contract approved?
This contract appears in TIF 18 Fund Line Item Revenues and Expenditures FY 2023-2025 (Budget), dated January 1, 2025 from Town of Bourbonnais. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does OAK hold?
OAK 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 Town of Bourbonnais currently buying?
Explore Town of Bourbonnais's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.