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South Beloit approves contract with Fairgram to pursue regional site‑readiness grant
Summary
Council approved Resolution 66-54 to hire Fairgram to prepare an application to the Illinois Department of Commerce and Economic Development for a regional site‑readiness grant (award range $500,000–$5,000,000) that requires a 20% local match; staff noted the city will plan for any match if the grant is awarded.
The South Beloit City Council approved a professional services agreement with Fairgram on Dec. 1 to pursue a regional site‑readiness grant from the Illinois Department of Commerce and Economic Development (DCEO).
Speakers explained the DCEO grant has a minimum award of $500,000 and a maximum of…
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