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Title:
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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).
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