Hoffman Estates village board members voted unanimously Monday to recommend approval of a significantly revised annexation and development agreement for 185 acres at the northwest corner of routes 59 and 72.
Though local school district officials — and Hoffman Estates Mayor Bill McLeod — still called for greater clarification of a future school site on the Plum Farms property, the agreement’s revisions quieted some earlier concerns.
One of the major ones for Barrington Unit District 220 Board President Brian Battle was a line that the development partnership can only renew its past request for a partial property tax refund through a tax increment financing (TIF) district with a letter stating that neither his district nor Community Unit District 300 objects.
The revised agreement also lowered the limit for the number of dwelling units of various types from 1,325 to 1,250. However, the current concept plan stayed the same with the still lower number of 1,035.
You can read full coverage of the meeting in the Daily Herald article by clicking here.
Leave a Reply