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Committee backs recommending $25,000 American Tower payment be reinvested in park walking path
Summary
The finance committee recommended a resolution to direct a $25,000 American Tower signing bonus to build or complete a walking path in the village park and asked the village engineer (JMA) to propose a design and cost estimate.
The committee recommended sending a resolution to council that would direct a $25,000 signing bonus from American Tower back into the village park for construction of a walking path.
Committee members said the bonus was contingent on a tower lease and that park improvements were an appropriate reinvestment. The committee asked JMA, the village engineer, to prepare a proposal and cost estimate for completing the walking path to determine whether the $25,000 fully covers construction or should be supplemented.
Why it matters: The action would earmark a one-time payment from a telecommunications lease for a public‑space improvement and move a park walking path project forward without drawing on the village’s emergency reserve.
Next steps: The committee moved to recommend resolution number 25‑12 to council and to ask JMA for an engineering scope and cost estimate; staff will refer the resolution to legal counsel for drafting and inclusion on a future council agenda.
