Committee recommends approval and acceptance of the Illinois Department of Commerce and Economic Opportunity (DCEO) Rebuild Downtowns and Main Streets Grant Award in the amount of $2,000,000. The grant requires a 25% cost match which will be paid for using the 1% Infrastructure Sales Tax. The grant term is from January 1, 2026 through December 31, 2027. If accepted, the grant funds will be used to reimburse construction costs of the Madison Street Corridor Improvements Project (Phase 2).

Committee

City Council

Introduced

January 7, 2026

On agenda

January 19, 2026

Passed

January 20, 2026

Enacted

January 20, 2026

Enactment no.

2026-87-R

Where it was heard

City Council Jan 20, 2026 Adopted Pass Finance and Personnel Committee Jan 12, 2026

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