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The committee unanimously approved engaging Miller Canfield over the Jewel redevelopment agreement, after property reassessments reduced assessed value by about $2 million and city property-tax revenue by roughly $200,000 annually. It also approved a $184,962.59 second payment to the Palos Heights Library, several bills, and business grant awards.
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The city will pursue legal work related to the Jewel redevelopment agreement, which staff said may not be meeting its minimum property-value requirements. The committee also authorized a second library tax distribution because the library and other city-supported agencies have not received their state tax distributions. Approved grants included $1,250 for a sign project and $10,000 for Carras Corporation’s business improvement request.
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