Village of Lake Zurich Board of Trustees Meeting Agenda Packet February 2024
True North Properties Gains TIF Eligibility for Downtown Project
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Description
The Village Board approved a TIF inducement for True North Properties, enabling future reimbursement eligibility for redeveloping underutilized downtown parcels.
Contract Details
Vendor
TRUE NORTH PROPERTIES INC
Agency
Lake Zurich village, IL
Contract Type
OTHER
Document Date
February 20, 2024
Renewal Info
Future redevelopment agreement required for reimbursements; no formal contract/renewal at this inducement stage.
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