SOUTH HOLLAND | The Village Board approved a pair of resolutions that authorized the village to acquire the property located at 16861 Vincennes Road.
The first resolution approved the village to execute a no-cash bid on the vacant property. By having the authority to execute a no-cash bid, the village could in effect annex the land without a monetary cost.
“This is something that the village has done on a number of occasions,” Village Attorney Tim Lapp said. “Each time we make a no-cash acquisition we pass a new resolution that covers just that individual parcel.”
The second resolution approved the submission and acceptance of the no-cash bid for the land.
The acquisition is part of the village strategy to have land available for developers who want to build and develop within the village.
The village plan called “Vision 2022” lays out a strategy to develop and expand the business community. Acquiring land for development is part of that strategy, Lapp said.
There are no specific plans for that particular parcel at this time.
The board also adopted a Class 8 tax incentive extension for Bravo Paving, at 17075 Westview Ave.
Bravo Painting originally acquired a Class 8 tax incentive in July 2002. The incentive is now expiring, and the business requested the extension.
“During these challenging economic times, the village needs to help our businesses wherever we can,” Village President Don De Graff said. “This incentive will help Bravo stay afloat, and keep the business and the jobs in our village.”