Board approves fees, pension loan
At a glance
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The Board approved a temporary interfund loan to help cover police and fire pension payments on time, and it also approved a waiver of up to $60,000 in water-related fees for the Park District’s Seafari Springs Aquatic Center this summer.
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What this means
Residents may see continued support for police and fire pension payments even if Cook County property tax money arrives late, because the Village can temporarily lend money from its General Fund and repay it later. The Board also kept its long-running fee waiver for Seafari Springs, saying the aquatic center operates at a deficit and provides a community service. In addition, the Board approved routine spending, several appointments, and a redevelopment agreement for property on Lake Street.
Key decisions
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- Approved a waiver of up to $60,000 in water-related fees for Hanover Park Park District’s Seafari Springs Aquatic Center for summer 2026.
- Authorized a short-term interfund loan from the General Fund to the Police Pension Fund and Fire Pension Fund so pension payments can be made on time while property tax revenue is delayed.
- Approved Warrant 4/16/2026 for $350,599.37.
- Approved Warrant Paid in Advance (3/27/2026-4/9/2026) for $742,207.39.
- Authorized a Letter of Intent for continued participation in the DuPage Police Records Management System.
- Approved hardware maintenance and software subscription agreements for the Cisco Hyperflex system with Sentinel Technologies for $36,744.82.
- Authorized execution of a Redevelopment Agreement with Alonzo Property Investment, LLC for 2120-2152 Lake Street.
- Consented to appointments to the Development Commission.
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Meeting information
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Board of Trustees Meeting on April 16, 2026
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