Redevelopment and Economic Incentive Agreement Sample Contracts

REDEVELOPMENT AND ECONOMIC INCENTIVE AGREEMENT BY AND BETWEEN
Redevelopment and Economic Incentive Agreement • January 3rd, 2023 • Illinois

(“Agreement”), is dated the 9th day of January, 2023 (“Effective Date”), and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation and with offices located at 210

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SECOND AMENDMENT TO REDEVELOPMENT AND ECONOMIC INCENTIVE AGREEMENT BY AND
Redevelopment and Economic Incentive Agreement • September 20th, 2023

INCENTIVE AGREEMENT (“Second Amendment”) is dated as of September 25, 2023, and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation with offices located at 210 N. Hamilton Street, Monticello, Illinois (“City”), and T & R VENTURES, LLC, an Illinois corporation with an address of 582 E. 2050 N. Rd., DeLand, Illinois (“Recipient”) (the City and Recipient are collectively referred to as “Parties” and sometimes individually as “Party”).

FIRST AMENDMENT TO REDEVELOPMENT AND ECONOMIC INCENTIVE AGREEMENT BY AND
Redevelopment and Economic Incentive Agreement • June 16th, 2022

INCENTIVE AGREEMENT (“First Amendment”) is dated as of June 27, 2022, and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation with offices located at 210 N. Hamilton Street, Monticello, Illinois (“City”), and PARAMDHAM INC DBA SUBWAY OF MONTICELLO, an Illinois corporation with offices located at 122 N. Charter Street, Monticello, Illinois (“Recipient”) (the City and Recipient are collectively referred to as “Parties” and sometimes individually as “Party”).

FIRST AMENDMENT TO REDEVELOPMENT AND ECONOMIC INCENTIVE AGREEMENT BY AND
Redevelopment and Economic Incentive Agreement • June 18th, 2024

INCENTIVE AGREEMENT (“First Amendment”) is dated as of June 24, 2024, and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation with offices located at

AGENDA ITEM DETAIL May 7, 2024
Redevelopment and Economic Incentive Agreement • May 4th, 2024

An Ordinance authorizing the Mayor and City Clerk to execute and attest to a Redevelopment and Economic Incentive Agreement, by and between the City of Moline, Renew Moline Properties, LLC, 1701 Series and 1701 5th Avenue, LLC, related to the 5 th Avenue TIF 15 Redevelopment Project Area.

FIRST AMENDMENT TO REDEVELOPMENT AND ECONOMIC INCENTIVE AGREEMENT BY AND
Redevelopment and Economic Incentive Agreement • June 20th, 2023

INCENTIVE AGREEMENT (“First Amendment”) is dated as of June 26, 2023, and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation with offices located at 210 N. Hamilton Street, Monticello, Illinois (“City”), and WILLOW TREE MISSIONS, an Illinois corporation with an address of 100 E. Washington Street, Monticello, Illinois (“Recipient”) (the City and Recipient are collectively referred to as “Parties” and sometimes individually as “Party”).

FIRST AMENDMENT TO REDEVELOPMENT AND ECONOMIC INCENTIVE AGREEMENT BY AND
Redevelopment and Economic Incentive Agreement • June 20th, 2023

INCENTIVE AGREEMENT (“First Amendment”) is dated as of June 26, 2023, and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation with offices located at 210 N. Hamilton Street, Monticello, Illinois (“City”), and THE MONTICELLO COMMUNITY BUILDING BOARD OF MEMBERS, an Illinois corporation with an address of 201 N. State Street, Monticello, Illinois (“Recipient”) (the City and Recipient are collectively referred to as “Parties” and sometimes individually as “Party”).

AGENDA ITEM DETAIL
Redevelopment and Economic Incentive Agreement • April 19th, 2024

An Ordinance authorizing the Mayor and City Clerk to execute and attest to a Redevelopment and Economic Incentive Agreement, by and between the City of Moline, Renew Moline Properties, LLC, 1701 Series and 1701 5th Avenue, LLC, related to the 5 th Avenue TIF 15 Redevelopment Project Area.

THIRD AMENDMENT TO REDEVELOPMENT AND ECONOMIC INCENTIVE AGREEMENT BY AND
Redevelopment and Economic Incentive Agreement • November 20th, 2023

INCENTIVE AGREEMENT (“Third Amendment”) is dated as of November 27, 2023, and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation with offices located at 210 N. Hamilton Street, Monticello, Illinois (“City”), and T & R VENTURES, LLC, an Illinois corporation with an address of 582 E. 2050 N. Rd., DeLand, Illinois (“Recipient”) (the City and Recipient are collectively referred to as “Parties” and sometimes individually as “Party”).

FIRST AMENDMENT TO REDEVELOPMENT AND ECONOMIC INCENTIVE AGREEMENT BY AND
Redevelopment and Economic Incentive Agreement • November 20th, 2023

INCENTIVE AGREEMENT (“FIRST Amendment”) is dated as of November 27, 2023, and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation with offices located at 210 N. Hamilton Street, Monticello, Illinois (“City”), and THE BROWN BAG, INC., an Illinois corporation with an address of 212 W. Washington St., Monticello, Illinois (“Recipient”) (the City and Recipient are collectively referred to as “Parties” and sometimes individually as “Party”).

FIRST AMENDMENT TO REDEVELOPMENT AND ECONOMIC INCENTIVE AGREEMENT BY AND
Redevelopment and Economic Incentive Agreement • June 20th, 2023

INCENTIVE AGREEMENT (“First Amendment”) is dated as of June 26, 2023, and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation with offices located at

Contract
Redevelopment and Economic Incentive Agreement • November 16th, 2021

INCENTIVE AGREEMENT (“First Amendment”) is dated as of November 22, 2021, and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation with offices located at 210 N. Hamilton Street, Monticello, Illinois (“City”), and WELLS & GRABARCZYK, P.C., an Illinois Corporation with an address of 112 W. Washington Street, Suite 2A, Monticello, Illinois (“Recipient”) (the City and Recipient are collectively referred to as “Parties” and sometimes individually as “Party”).

FIRST AMENDMENT TO REDEVELOPMENT AND ECONOMIC INCENTIVE AGREEMENT BY AND
Redevelopment and Economic Incentive Agreement • June 16th, 2022

INCENTIVE AGREEMENT (“First Amendment”) is dated as of June 27, 2022, and is by and between the CITY OF MONTICELLO, an Illinois municipal corporation with offices located at 210 N. Hamilton Street, Monticello, Illinois (“City”), and ASHOKAN PROPERTIES, a New York corporation with an address of 7 Clovewood Road, High Falls, New York (“Recipient”) (the City and Recipient are collectively referred to as “Parties” and sometimes individually as “Party”).

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