FINANCIAL_SERVICESAPPROVED

Elk Grove Village village (pt.) Awards Financial Services Contract to EDGECONNEX (May 2026)

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.

Status
APPROVED
Document date
May 12, 2026
Contract type
FINANCIAL_SERVICES
Vendor
EDGECONNEX
Agency
Elk Grove Village village (pt.) · IL

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Twelve-year Class 6B incentive period
Renewal
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.
Document type
AgendaPacket
Source document
Elk Grove Village Regular Village Board Meeting Agenda May 2026

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Elk Grove Village village (pt.)?

EDGECONNEX was awarded this financial services contract by Elk Grove Village village (pt.), as recorded on May 12, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Elk Grove Village Regular Village Board Meeting Agenda May 2026 (AgendaPacket), dated May 12, 2026 from Elk Grove Village village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does EDGECONNEX hold?

EDGECONNEX may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Elk Grove Village village (pt.) currently buying?

Explore Elk Grove Village village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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