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Maywood trustees approve $2.53 million TIF portability transfer, omnibus payments and a speed sign after staff briefings
Summary
The board approved a $2,528,456 no-repayment transfer between TIF districts for 5th Avenue improvements, joined the Illinois State Police forensic LIMS, authorized settlement and vendor payments, and approved a speed sign at 19th & Oak following a public-works safety report.
At its Dec. 4 meeting, the Village of Maywood Board of Trustees approved several finance and public-safety items: a $2,528,456 no-repayment transfer (portability) from the St. Charles Road TIF to the Madison/5th Avenue TIF to cover eligible redevelopment costs, a set of routine vendor payments, participation in the Illinois State Police forensic Laboratory Information Management System (LIMS), and installation of a speed sign at 19th…
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