United Yards 1B LL LLC in amended TIF agreement
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Description
An amended redevelopment agreement including United Yards 1B LL LLC was approved to change the TIF disbursement structure for the United Yards 1B project at 4700 S. Ashland Avenue, with assistance not to exceed $1,813,375. The adjustment restructures how funds are drawn while keeping the same TIF ceiling.
Contract Details
Contract Amount
Amount not to exceed: $1,813,375
Vendor
UNITED YARDS 1B LL 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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