Tonight at 7, the Woodstock School District will consider a resolution to sue the Village of Lakewood over its the Tax Increment Financing District that the Village Board passed eleven months ago. (Map showing where meeting will be held here.)
The resolution is below.
If you read it closely, you will see that someone mixed up Lakewood with Lakemoor.
The TIF District was created as an inducement to the SportsPlex that was proposed for the area near the Crystal Woods Golf Course.
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Requirements to establish a TIF Distrri