Elk Grove Village AgendaPacket Regular Village Board Meeting 2026-05-26
Village Amends Loan Repayment Schedule for SG Elk Grove
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Description
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.
Contract Details
Vendor
SG ELK GROVE LLC
Agency
Elk Grove Village village (pt.), IL
Contract Type
FINANCIAL_SERVICES
Document Date
May 26, 2026
Contract Term
Loan repayment to start December 1, 2026 (revised)
Renewal Date
2026-12-01
Renewal Info
First amendment to the November 18, 2025 loan agreement; adjusts repayment start date to December 1, 2026.
Issuing Agency
Elk Grove Village village (pt.)
City
Elk Grove Village village (pt.), IL
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