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The Board approved a water and sewer rate ordinance, a 5-year water and sewer fund forecast, and a settlement tied to the KOHL'S condemnation case that will let the Village acquire related property and close the case.
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The Board approved changes to water and sewer rates and accepted a five-year forecast for those utility funds. It also approved a settlement agreement with KOHL'S that resolves the condemnation case and allows the Village to acquire related real estate, including a triangular parcel and a portion of Stratford Drive for public use. The Board also approved several agreements with Bloomingdale School District 13 for video surveillance access and fuel purchase. Other items were discussed, including possible changes to a sales tax sharing agreement, but no final decision was reported in the excerpt provided.
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