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LaGrange board approves $915,160 purchase of West End parking lot to secure short‑term parking and long‑term redevelopment control
Summary
The village board unanimously approved a $915,160 purchase and sale agreement for a 700‑block West Burlington Avenue parking lot, citing strategic control of an odd-shaped block adjacent to village‑owned property and immediate West End parking needs.
The Village of LaGrange voted unanimously to approve a purchase and sale agreement for properties on the 700 block of West Burlington Avenue and adjacent parcels (purchase price $915,160), a move staff said will add short‑term parking capacity in the West End and give the village more control over future redevelopment.
Trustee Gail summarized the background: after FNBC Bank acquired an adjacent property and no longer needed the off‑site parking, the bank offered the lot to the village. "The agreement as amended and signed by FNBC and the Village Manager is contingent on approval by the village board at an open…
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