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Board approves $12,000 transfer to Redevelopment Authority to complete greenspace
Summary
The Board approved Resolution 2025-08 to transfer $12,000 from the general fund to the RDA for greenspace adjacent to Village Hall; TID #3 is designated to reimburse the general fund from incremental revenue when available.
The Board introduced and approved Resolution 2025-08 to transfer $12,000 from the Village general fund to the Redevelopment Authority (RDA) to complete greenspace adjacent to Village Hall. Trustee Court moved the resolution and Trustee Zuleger seconded; the roll-call vote was unanimous.
The minutes note there are reserves in the general fund to cover the payment and that TID #3, designated for downtown rehabilitation, will reimburse the general fund once TID #3 generates incremental revenue. No specific reimbursement timeline was provided on the record.
