Committee recommends approval of a resolution authorizing the application and acceptance of the Department of Commerce and Economic Opportunity (DCEO) Regional Site Readiness Grant in an amount up to $3,679,551.56. If awarded, the city would provide matching funds in the amount of $919,887.89. The funding source for the matching funds would be the Global Trade Park #2 TIF Fund.

Committee

Finance and Personnel Committee

Introduced

January 21, 2026

On agenda

January 26, 2026

Passed

February 2, 2026

Enacted

February 2, 2026

Enactment no.

2026-96-R

Where it was heard

City Council Feb 2, 2026 Adopted Pass Finance and Personnel Committee Jan 26, 2026

Watch Rockford

Say what matters to you — a street, a company, a subject — and we will email you when Rockford files something about it.

Watch this

Free for 14 days, no card — and nothing charges itself: at day 14 the emails simply stop unless you choose to subscribe ($19 a month). One email when something matches, and nothing else. Unsubscribe from any of them. Searching stays free — it is public record.