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Maywood trustees approve TIF extensions and consent to Greenwood Transfer sale
Summary
On Dec. 29, 2020, the Village of Maywood Board of Trustees voted unanimously to approve an omnibus package that extends two TIF districts for 12 years and authorizes Greenwood Transfer LLC’s stock sale to Lakeshore Recycling Systems with the buyer assuming obligations under the village’s Host Community Benefit Agreement.
Maywood trustees voted unanimously Dec. 29 to approve an omnibus package that extended two tax increment financing districts for 12 years and authorized the sale of Greenwood Transfer, LLC to Lakeshore Recycling Systems, LLC, with the buyer assuming obligations under the village’s Host Community Benefit Agreement for the transfer facility at 1201 Greenwood Avenue.
The motion to approve Omnibus Agenda Items A–H was moved by Trustee A. Sanchez and seconded by Trustee N. Booker; the board recorded aye votes from Mayor Edwenna Perkins and Trustees I. Brandon, M. Jones, A. Sanchez, K. Wellington and N. Booker. Trustee M. Lightford was recorded as absent. The omnibus package…
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