Village of Riverwoods Board of Trustees Final Packet May 2026
Deerfield Road IGA with Lake County outlines Village cost share
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Description
Riverwoods considered a 2026 intergovernmental agreement with the County of Lake to share costs for the Deerfield Road widening and related utility and sidewalk improvements. The Village’s estimated net share is about $928,008, to be paid over three years after accounting for a tree mitigation credit.
Contract Details
Contract Amount
Estimated Village share $928,008.49 over three installments
Vendor
COUNTY OF LAKE
Agency
Riverwoods village, IL
Contract Type
INTERGOVERNMENTAL
Document Date
May 19, 2026
Contract Term
Approximate construction period 2026–2028; payments December 1, 2026, 2027, 2028
Renewal Info
The IGA supplements and amends a 2024 IGA related to compensatory storage at the Federal Life property; it includes future options to reduce Village costs if additional federal funds or favorable bids materialize.
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Village of Riverwoods Board of Trustees Final Packet May 2026
Village of Riverwoods Board of Trustees Final Packet May 2026
Village of Riverwoods Board of Trustees Final Packet May 2026
Village of Riverwoods Board of Trustees Final Packet May 2026
Village of Riverwoods Board of Trustees Final Packet May 2026
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