City of Chicago Committee on Finance Meeting Agenda May 2026
City Modifies TIF Terms with Celadon Partners LLC
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Description
The City plans to amend the redevelopment agreement involving Celadon Partners LLC for the United Yards 1B project, revising TIF disbursement terms on assistance up to $1,813,375. This amendment adjusts how project financing is delivered.
Contract Details
Contract Amount
Amount not to exceed: $1,813,375
Vendor
CELADON PARTNERS LLC
Agency
City of Chicago, IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 18, 2026
Renewal Info
First Amendment to existing redevelopment agreement, changing disbursement structure while maintaining a not-to-exceed total of $1,813,375 in TIF assistance.
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