Village Amends Loan Repayment Schedule for SG Elk Grove

Elk Grove Village will amend its loan agreement with SG Elk Grove, LLC for the 600 Meacham hockey facility to delay the start of loan repayment until December 1, 2026. The change corrects an earlier oversight that scheduled payments before project completion.

Document date · May 26, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Contract term

Loan repayment to start December 1, 2026 (revised)

Renewal date

2026-12-01

Renewal

First amendment to the November 18, 2025 loan agreement; adjusts repayment start date to December 1, 2026.

Document type

AgendaPacket

Source document

Elk Grove Village AgendaPacket Regular Village Board Meeting 2026-05-26

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Elk Grove Village Board Meeting Agenda February 2026

ONGOING

Elk Grove Village village (pt.), Illinois$23,000,000 (loan funds to be disbursed via budget increase)Feb 24, 2026

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.)?

Sg Elk Grove 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 Sg Elk Grove Llc hold?

Sg Elk Grove 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.

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