Maywood trustees approve $2.53 million TIF portability transfer, omnibus payments and a speed sign after staff briefings

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 and Oak.

Village Manager Willie Norfleet described the portability transfer as "the first step to reflect the funds are not owed and the Village paid for projects authorized in various areas including the Madison TIF." The portability transfer amount is listed in the omnibus ordinance and was included as Item A on the Omnibus Agenda; the board approved Omnibus Items A–I by voice vote. The omnibus package also authorized a settlement payment in Green v. Maywood and vendor payments including $26,983.50 to Amalgamated Bank of Chicago (Series 1998A Bond), $146,000 to Allied Waste Service, $20,963.78 to Comcast and smaller payments to KCR Group, Fleet Services and Pitney Bowes.

Police Chief Valdimir Talley recommended installing a speed sign at 19th and Oak, citing two major accidents in which vehicles ended up on residential property; the board approved the sign (motion by Trustee M. Lightford, second by Trustee I. Brandon). Public Works Director John West had earlier described snow-plow routes and said curb-to-curb removal at every residential driveway is not feasible because of parked cars and equipment constraints.

Next steps: staff will implement the approved transfers and purchases and bring any remaining documentation or ordinances required for the TIF portability into the record at subsequent meetings.