Rockford, IL - File #: 26-00058

• File #: 26-00058
• Version: 1
• Type: Ordinance
• Status: Passed
• In control: City Council
• On agenda: 1/20/2026
• Final action: 1/20/2026
• Title: 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.

Date	Ver.	Action By	Action	Result
1/20/2026	1	City Council

title

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.