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Round Lake Beach OKs sale of outlot at Rollins Road and Civic Center Way for up to $750,000
Summary
The village approved an ordinance authorizing sale of a village-owned outlot at Rollins Road and Civic Center Way to private purchasers for a purchase price listed at $750,000 with a credit provision and a stated floor of $150,000.
The Round Lake Beach Village Council voted Jan. 27 to authorize the sale of an outlot at the northwest corner of Rollins Road and Civic Center Way to private purchasers, approving an ordinance that lists a purchase price of $750,000 with a mechanism to credit certain site remediation or retention-pond relocation costs and a guaranteed minimum price of $150,000.
Economic Development Director Rivera outlined the sale to the board and introduced two representatives of…
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