MOU TIF Incentive Planned With Ebel Properties

The Council instructed staff to prepare a resolution for a Memorandum of Understanding with Ebel Properties, LLC to secure roughly $12 million in TIF incentives for the Warrenville Reserve mixed-use project. The incentives include both upfront traffic signal funding and reimbursable TIF-eligible improvements.

Document date · August 3, 2026

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Scope & details

The full contract record, as filed.

Contract amount

$3 million from the TIF reserve fund plus approximately $9 million in generated tax increment funds (total approximately $12 million)

Contract type

OTHER

Renewal

Future development and TIF agreements will define binding obligations; this action sets a preliminary MOU framework and does not finalize funding.

Document type

Minutes

Source document

City of Warrenville City Council Regular Meeting Minutes 2026-08-03

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City of Warrenville Minutes City Council Regular Meeting 2026-09-08

APPROVED

City of Warrenville city, IllinoisNot to exceed $12.1 million in requested TIF assistance, including an estimated $3 million for a traffic signal and up to $9.1 million in development assistanceSep 8, 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Warrenville city?

Ebel Properties Llc was awarded this government contract by City of Warrenville city, as recorded on August 3, 2026. The contract value is $3 million from the TIF reserve fund plus approximately $9 million in generated tax increment funds (total approximately $12 million).

How much is the Ebel Properties Llc contract with City of Warrenville city worth?

The Ebel Properties Llc contract with City of Warrenville city is valued at $3 million from the TIF reserve fund plus approximately $9 million in generated tax increment funds (total approximately $12 million).

What type of contract is this?

This is a government contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Warrenville City Council Regular Meeting Minutes 2026-08-03 (Minutes), dated August 3, 2026 from City of Warrenville city. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ebel Properties Llc hold?

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

View Ebel Properties Llc's profile

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