FINANCIAL_SERVICESAPPROVED

Elk Grove Village village (pt.) Awards Financial Services Contract to Ag - Mvp Arthur Avenue Owner Llc (May 2026)

Elk Grove Village will issue a Letter of Receipt supporting AG - MVP Arthur Avenue Owner, LLC’s application for a Class 6B property tax exemption on the industrial facility at 1949–1951 Arthur Avenue. The 12-year incentive is contingent on more than $1 million in building and site improvements.

Status
APPROVED
Document date
May 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Ag - Mvp Arthur Avenue Owner Llc
Agency
Elk Grove Village village (pt.) · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
Class 6B tax incentive for 12-year period
Renewal
Class 6B assessment schedule runs 12 years at reduced levels (10% for 10 years, then 15% and 20%); continuation beyond this term would require separate action under Cook County rules.
Document type
AgendaPacket
Source document
Elk Grove Village AgendaPacket Regular Village Board Meeting 2026-05-26

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Elk Grove Village village (pt.)?

Ag - Mvp Arthur Avenue Owner Llc was awarded this financial services contract by Elk Grove Village village (pt.), as recorded on May 26, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in Elk Grove Village AgendaPacket Regular Village Board Meeting 2026-05-26 (AgendaPacket), dated May 26, 2026 from Elk Grove Village village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ag - Mvp Arthur Avenue Owner Llc hold?

Ag - Mvp Arthur Avenue Owner 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 Ag - Mvp Arthur Avenue Owner Llc's profile

What is Elk Grove Village village (pt.) currently buying?

Explore Elk Grove Village village (pt.)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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