Draft TIF Incentive Agreement with Lisle FC LLC

The Village of Lisle has drafted an Economic Incentive and TIF Development Agreement with Lisle FC, LLC to redevelop the former Family Square site into a $87.9 million mixed-use project. The agreement would provide a TIF-funded reimbursement incentive, with the final amount and terms still under negotiation and subject to Village Board approval.

Scope & details

The full contract record, as filed.

Contract amount

Maximum TIF incentive amount not yet finalized; initial request approximately $14,000,000

Contract type

FINANCIAL_SERVICES

Contract term

TIF reimbursement term tied to Downtown TIF District duration; exact dates pending final agreement

Renewal

Agreement term and any extension or amendment options will be set in the final Economic Incentive and TIF Development Agreement; current draft notes all terms are nonbinding and subject to further negotiation and Village Board approval.

Document type

AgendaPacket

Source document

Village of Lisle Economic Development Commission Agenda Packet 2026-08-12

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Lisle Village Board Minutes February 2026

APPROVED

Lisle village (pt.), IllinoisFeb 2, 2026

village_board_meeting_agenda_may_20_2024.pdf

APPROVED

Lisle village (pt.), IllinoisMay 20, 2024

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Lisle village (pt.)?

Lisle Fc Llc was awarded this financial services contract by Lisle village (pt.), as recorded on August 12, 2026. The contract value is Maximum TIF incentive amount not yet finalized; initial request approximately $14,000,000.

How much is the Lisle Fc Llc contract with Lisle village (pt.) worth?

The Lisle Fc Llc contract with Lisle village (pt.) is valued at Maximum TIF incentive amount not yet finalized; initial request approximately $14,000,000, covering financial services work.

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 Village of Lisle Economic Development Commission Agenda Packet 2026-08-12 (AgendaPacket), dated August 12, 2026 from Lisle village (pt.). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Lisle Fc Llc hold?

Lisle Fc 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 Lisle Fc Llc's profile

What is Lisle village (pt.) currently buying?

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

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