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The Board authorized the first of four milestone payments to Horizon Development Group, Inc. under the redevelopment agreement tied to a property closing expected that week. The motion passed 6-1, with Trustee Malone voting no.
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The Village Board approved releasing the first payment to Horizon Development Group after the company’s expected property closing triggered that payment under the redevelopment agreement. This is part of a larger plan that was previously approved in November 2025 and includes four milestone payments total. One trustee opposed the action, while the rest of the board supported it.
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