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Maywood board approves sale of 715 S. 7th and development incentives, suspends façade matching grant
Summary
As part of an omnibus vote the board approved sale of 715 South 7th under the Anlap program to Cuauhtemoc Paz, consented to a Cook County Class 6B tax incentive for 1900 S. Maywood Drive, and approved a construction change order funded by TIF; the board also suspended the Commercial Property Improvement matching grant program pending review.
The Village of Maywood on May 18 adopted several development and construction items as part of an omnibus agenda motion. The board approved a resolution authorizing the sale of real property commonly known as 715 South 7th Avenue pursuant to the Anlap program; the purchaser is recorded as Cuauhtemoc Paz, owner of 717 South 7th Avenue, Maywood, Illinois.
The…
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