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Maywood approves redevelopment addendum for National Cycle; one trustee dissents
Summary
The board approved a first addendum to the National Cycle redevelopment agreement that removes a planned loading dock (and the village's obligation to pave the alley), sets tax‑incentive closing and project dates, and assigns landscaping/maintenance responsibilities; Trustee K. Wellington voted no.
On Oct. 2 the Village of Maywood Board of Trustees voted to approve a first addendum to the redevelopment agreement with National Cycle, Inc., despite a single 'no' vote from Trustee K. Wellington.
Village Attorney Michael Jurusik summarized changes in the addendum: National Cycle is no longer pursuing a loading dock at…
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