Board amends redevelopment agreement for 'downtown Savoy,' trustees debate public-access implications
Apr 8, 2026
Trustees approved Resolution 2026-R-20 to amend a redevelopment agreement with Downtown Development Group LLC for the area referred to as 'downtown Savoy.' Trustees discussed that the area is privately owned and emphasized protecting village interests for events, sidewalks and access; the resolution passed on a roll call with one recorded 'No.'
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The Board of Trustees on April 8 voted to amend a redevelopment agreement for the area described as "downtown Savoy," with Downtown Development Group LLC. Discussion centered on whether the label "downtown Savoy" implies public space and how the village can ensure continued access for events and pedestrian amenities even though common areas would be privately owned by the development corporation.
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