OTHERAPPROVED

Woodridge Approves $1.5 Million Chicago Motor Cars Incentive

The Village of Woodridge approved a 10-year economic incentive agreement with Chicago Motor Car Corporation. The Village will rebate excess sales tax revenue above a $150,000 minimum revenue floor to reimburse eligible renovations at the company’s planned 900 Boughton Road automotive dealership, up to $1.5 million.

Document date · March 19, 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
$1.5 million
Contract type
OTHER
Contract term
10 years
Renewal date
2036-03-19
Renewal
10-year incentive term; includes a clawback schedule requiring repayment based on the year the company closes, with percentages ranging from 100% in years 0–4 to 25% in years 8–10. No renewal option is stated.
Document type
Resolution
Source document
Village of Woodridge Resolution Resolution 2026-30 Economic Incentive Agreement with Chicago Motor Car Corporation 2026-03-19

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by Woodridge Police Department?

Chicago Motor Car Corporation was awarded this government contract by Woodridge Police Department, as recorded on March 19, 2026. The contract value is $1.5 million.

How much is the Chicago Motor Car Corporation contract with Woodridge Police Department worth?

The Chicago Motor Car Corporation contract with Woodridge Police Department is valued at $1.5 million.

What type of contract is this?

This is a government contract, documented as a resolution record.

Where was this contract approved?

This contract appears in Village of Woodridge Resolution Resolution 2026-30 Economic Incentive Agreement with Chicago Motor Car Corporation 2026-03-19 (Resolution), dated March 19, 2026 from Woodridge Police Department. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Chicago Motor Car Corporation hold?

Chicago Motor Car Corporation 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 Chicago Motor Car Corporation's profile

What is Woodridge Police Department currently buying?

Explore Woodridge Police Department's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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