City of Wood Dale Council Meeting Agenda May 2026
City boosts park rehab funding in amended IGA
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Description
The City of Wood Dale approved a first amended intergovernmental agreement with the Wood Dale Park District, increasing funding for facility rehabilitation to $776,840 and extending the term through June 30, 2026. The additional TIF-supported funds will help upgrade the Foster Avenue recreation facility to serve new development in the city.
Contract Details
Contract Amount
$776,840.00
Vendor
WOOD DALE PARK DISTRICT
Agency
City of Wood Dale, IL
Contract Type
FACILITIES
Document Date
May 5, 2026
Contract Term
May 7, 2026 – June 30, 2026 (agreement term); payment due on or before August 31, 2026
Renewal Date
2026-06-30
Renewal Info
Original IGA (approved June 5, 2025) provided $555,000 and expired April 30, 2026; this first amendment raises total funding to $776,840 and extends the termination date to June 30, 2026, with further extensions allowed by written agreement.
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