Bill Cellini Reasons for Rejecting Waukegan Casino Bid Outlined by Gaming Board Chairman Aaron Jaffe
Ever since Springfield developer Bill Cellini sought and got permission to develop the Vulcan Lakes TIF property owned by the City of Crystal Lake, I have wondered why he came on October 10, 2006, and why the group he led won Mayor Aaron Shepley’s city council’s approval for the $115 million project.
(October 10th was three days before he was implicated in the Tony Rezko probe.)
I still wonder every time I see Cellini’s name in the paper.
Thursday was no different.
Gaming Board Chairman and former State Rep. And Judge Aaron Jaffe issued the following statement, printed by the Daily Herald:
“The Cellini Group, however, continues to hold an interest in a casino awarded to the Waukegan applicant, Indeed, if Waukegan is ever selected, Michael Pizzuto, a longtime associate of Mr. Cellini who purchased the collective Cellini interests for $32,450, must pay the Cellini interests the balance of their prior costs in the Waukegan project, an amount in excess of $600,000. The fact that the Cellini-Pizzuto agreement provides that the payment of prior costs may be disallowed does not abate our concern.”
Here is a short part of Cellini’s appearance at Crystal Lake City Hall.