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Maywood trustees approve Option 1 to consider extending and expanding two TIF districts

Village of Maywood Board of Trustees · April 1, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Following a memorandum from legal counsel, the board voted to approve 'Option 1' as the recommended approach for extending terms, expanding boundaries, and increasing budgets of the Madison Street/5th Avenue and Roosevelt Road TIF districts.

The Village Board approved 'Option 1'—the staff and counsel recommendation—to proceed with considerations for extending terms, expanding boundaries, and increasing the budgets of the Madison Street/5th Avenue and Roosevelt Road Tax…

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