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Savoy approves redevelopment agreement with Downtown Development Group LLC
Summary
Trustees voted 5-0 to approve Resolution 2025-R-16, authorizing a redevelopment agreement for downtown Savoy with Downtown Development Group LLC. Trustee Shonkwiler moved the resolution; Trustee Kanfer seconded.
The Board approved Resolution 2025-R-16 approving a redevelopment agreement for downtown Savoy with Downtown Development Group LLC. "Trustee Shonkwiler moved to approve Resolution 2025-R-16 as presented," and Trustee Kanfer seconded; the motion carried 5-0 on a roll-call vote.
The minutes record the approval but do not include the redevelopment agreement's financial terms or schedule; the action was recorded as approved by a unanimous roll-call vote of those voting.
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