Village of Northfield Committee of the Whole Agenda Packet April 2026
SB Friedman Conducting TIF Eligibility and Planning
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Description
The Village of Northfield selected SB Friedman through an RFP process to perform an eligibility study for a potential Tax Increment Financing District along the Happ and Central corridors. If the Board proceeds, SB Friedman will prepare a Redevelopment Plan for $10,299 and support implementation for an additional $8,497.
Contract Details
Contract Amount
$10,299 for Phase 2; $8,497 for Phase 3
Vendor
SB FRIEDMAN
Agency
Town of Northfield, IL
Contract Type
PROFESSIONAL_SERVICES
Document Date
April 28, 2026
Renewal Info
Engagement is structured in three phases: Phase 1 eligibility study (underway), optional Phase 2 Redevelopment Plan for $10,299, and optional Phase 3 implementation support for $8,497, initiated only upon Village direction.
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