Letter to the Editor: TIF Money Down the Drain

I read with interest the article in the Sept. 22 issue of the Morton Grove Champion about planned stormwater work. There was no mention of the contamination in that area, which prevented the start of construction of the new Moretti’s Restaurant on Dempster.

Will this contamination be removed before any future improvements are done and who is going to pay for this?

Residents of the village are wondering why their property tax bills keep going up and the village answers that most of this is due to payments to the area schools.

What they don’t say is that the TIF fund is holding back payments to the schools [and] increasing this problem. The $4.3 million of TIF money does not have to be exhausted on improvements in the TIF.

When the TIF contracts mature, any leftover money is redistributed to schools and other municipal projects. That is, if anything is left over at that time.

I do not see the payback of this stormwater work except for the construction company doing the work.

 

Sherwin Dubren,

Morton Grove

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