Elk Grove Village Regular Village Board Meeting Agenda May 2026
Village Backs Class 6B Tax Incentive for EdgeConneX Data Center
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Description
Elk Grove Village will authorize a Letter of Receipt backing EdgeConneX’s Class 6B property tax exemption application for a new 30 MW data center at 901 Busse Road. The twelve-year incentive is expected to support over $500 million in investment and new jobs.
Contract Details
Vendor
EDGECONNEX
Agency
Elk Grove Village village (pt.), IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 12, 2026
Contract Term
Twelve-year Class 6B incentive period
Renewal Info
Standard Cook County Class 6B schedule: property assessment at 10% of market value for ten years, 15% in year eleven, and 20% in year twelve, subject to project completion and County approval.
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