An ordinance approving the Amendment to the Development Agreement with Oliver Emerson Development (Oliver Emerson Development, LLC) for the rehabilitation and adaptive reuse of 325 South Madison Street (The Watch Factory) as residential. The funding source is Redevelopment Funds and TIF Funds.

What this record is

Held by

Oliver Emerson Development, LLC 2 records across this site

Runs until

Not stated in the agenda text — the term is normally in the signed agreement, attached to the original item ↗

Type

amendment

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

Oliver Emerson Development, LLC also holds

Committee recommends approval of the proposed Amendment to the Development Agreement with Oliver Emerson Development (Oliver Emerson Development, LLC)… Rockford, IL

Committee

City Council

Introduced

January 14, 2026

On agenda

January 20, 2026

Passed

January 20, 2026

Enacted

January 20, 2026

Enactment no.

2026-57-O

Where it was heard

City Council Jan 20, 2026 Adopted Pass

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