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374-25

Ordinance Authorizing Execution of a “Settlement and Mutual Releases Agreement” between the City of Joliet, Houbolt Road Extension JV, LLC, Centerpoint Properties Trust, Centerpoint Joliet Terminal Railroad, LLC, East Gate-Logistics Park Chicago, LLC, New Wave Farms, LLC, and Northpoint Development LLC Relating to the Construction of the Northpoint Development in Joliet, Illinois, Will County Case No. 2022 MR 138, and Other Related Matters

Ordinance Passed Introduced June 17, 2025

What this record is

Held by
Centerpoint Properties Trust, Centerpoint Joliet Terminal Railroad, LLC
Runs until
Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗
Type
contract
Field
Construction

construction contracts in IL that end within a year →
Governments publish the end date in the award. That date is when the work goes back out to bid, and it is usually stated years ahead.

Read automatically from the title of the official record. The source document below is authoritative.

Committee
Special City Council Meeting
Requested by
City Clerk/Business Services
Introduced
June 17, 2025
On agenda
June 20, 2025
Passed
June 20, 2025

Where it was heard

Special City Council Meeting Jun 20, 2025 adopt Pass

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