St. Charles Council poised to reject Lexington Club TIF deal
ST. CHARLES – A project that would turn the site of a former plastics factory into a residential neighborhood has run into a roadblock at City Hall.
This week, the St. Charles City Council’s Planning and Development Committee recommended the council reject an agreement with a developer that would have allowed the developer access to about $6 million in tax increment financing funds to underpin the project.
The 7-2 vote reflected the discomfort aldermen expressed over various aspects of the so-called Lexington Club housing development.
If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at firstname.lastname@example.org