NOTICE TO CONVEY AND DISPOSE OF CITY OF PEORIA OWNED PROPERTY/LAND LOCATED IN THE SOUTH VILLAGE TAX INCREMENT FINANCING DISTRICT

NOTICE TO CONVEY AND DISPOSE OF CITY OF PEORIA OWNED PROPERTY/LAND LOCATED IN THE SOUTH VILLAGE TAX INCREMENT FINANCING DISTRICT NOTICE IS HEREBY GIVEN that the City of Peoria, per 65 ILCS 5/11-74.4-4 of the Illinois Municipal Code, is providing reasonable opportunity for any person to submit proposals or bids prior to conveying/disposing of the property/land at the following addresses located in the SOUTH VILLAGE TIF: The first parcel is a regularly shaped lot approximately 0.09 acres located at 1507 W Smith Street, Property Index Number: 18-08-327-038 The second parcel is a regularly shaped lot approximately 0.12 acres located at 1716 W Millman Street, Property Index Number: 18-08-356-002 The third parcel is a regularly shaped lot approximately 0.12 acres located at 1404 W Widenham Street, Property Index Number: 18-08-331-007 The City of Peoria intends to dispose of the properties to a local resident, neighborhood group, or developer. If any individual or organization has alternative proposals, proposals shall be submitted under the requirements outlined below. Proposals/Bids Submission Requirements: To be considered, the proposal must contain the following: A proposed development plan consisting of a project narrative and cost projections. Amount offered for purchase of the property. Submission and Review of Proposals: Two complete sets of the proposals and all supporting documentation must be submitted to: City Hall C/O Matt Smith, Land Development Manager 419 Fulton Street, Suite 203 Peoria, IL 61602 Proposals will be accepted at the above address until 2:00 PM (CT) on Monday, April 27, 2026. Proposals will be evaluated based on adherence to the Proposals/Bids Submission Requirements. Questions shall be directed to Matt Smith at mjsmith@peoriagov.org or 309-494-8622. April 23 2026 LILS0504385