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Waukegan committee approves up to $50,000 amendment to SB Friedman development advisory contract funded from TIF 8

Waukegan Community Development Committee · December 17, 2025
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Summary

The committee authorized an amendment to SB Friedman Development Advisors LLC’s agreement for expanded development advisory services, not to exceed $50,000 charged to Lot B within TIF 8; the scope includes financial analysis and negotiation support for developer selection.

The Waukegan Community Development Committee on Monday approved a resolution amending the professional services agreement with SB Friedman Development Advisors LLC for an expanded scope of development advisory services, with fees not to exceed $50,000 and…

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