FINANCIAL_SERVICESONGOING

Village Funds $23M Redevelopment Loan to SG Elk Grove

Elk Grove Village plans to increase its FY2026 Capital Projects Fund budget by $23,000,000 to disburse loan funds under a Purchase, Sale and Redevelopment Agreement with SG Elk Grove, LLC for 610 Meacham Road. The Village is acting as primary lender to support construction of a new hockey rink and two retail outlots on the blighted property.

Document date · February 24, 2026

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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 amount
$23,000,000 (loan funds to be disbursed via budget increase)
Contract type
FINANCIAL_SERVICES
Renewal
Existing Purchase, Sale and Redevelopment Agreement approved November 18, 2025; current action adjusts budget to facilitate loan disbursement under that agreement.
Document type
Agenda
Source document
Elk Grove Village Board Meeting Agenda February 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 February 24, 2026. The contract value is $23,000,000 (loan funds to be disbursed via budget increase).

How much is the Sg Elk Grove Llc contract with Elk Grove Village village (pt.) worth?

The Sg Elk Grove Llc contract with Elk Grove Village village (pt.) is valued at $23,000,000 (loan funds to be disbursed via budget increase), covering financial services work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Elk Grove Village Board Meeting Agenda February 2026 (Agenda), dated February 24, 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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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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