City of Chicago Committee on Finance Meeting Summary May 2026
Celadon Partners share in amended United Yards TIF deal
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Description
An amendment to the United Yards 1B redevelopment agreement involving Celadon Partners LLC was approved to modify the TIF disbursement structure for the project at 4700 S. Ashland Avenue, with total assistance not to exceed $1,813,375. The change refines funding flows while maintaining the overall TIF commitment.
Contract Details
Contract Amount
Amount not to exceed: $1,813,375
Vendor
CELADON PARTNERS LLC
Agency
Chicago Department of Aviation, IL
Contract Type
FACILITIES
Document Date
May 20, 2026
Renewal Info
First Amendment modifies disbursement structure of existing TIF-funded redevelopment agreement for United Yards 1B; overall not-to-exceed TIF amount remains $1,813,375.
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City of Chicago Committee on Finance Meeting Agenda May 2026
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City of Chicago Committee on Finance Meeting Summary May 2026
City of Chicago Committee on Finance Meeting Summary May 2026
City of Chicago Committee on Finance Meeting Summary May 2026
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