Legislative Update for Lansing - Work Still to be Done

I am pleased to report (and very thankful) that House Bill 507 passed in the Illinois Senate on Tuesday which extended the term of the Ridge Road TIF District. Now the hard work begins. Informed decisions must be made regarding the use of these funds as they come through the sacrifice of the other taxing bodies within the TIF District. I am excited about the possibilities and the team that the Village has recently assembled to guide us into the future. As for Airport bill, House Bill 503, it was approved by the Senate assignments committee without any opposition but unfortunately was passed over and not called during Tuesday's Senate session. I am disappointed but undeterred. The Mayor, Airport Manager John DeLaurentiis and I will continue to work to ensure that this much needed piece of legislation is passed. Much like the bill for the TIF extension, the airport bill is essential for the Village's ability to stoke the engines of development at the airport. http://www.nwitimes.com/news/local/illinois/lansing/ridge-road-tif-gets-legislature-s-approval-airport-tax-fate/article_a220a9eb-8825-5465-8b6b-169123057466.html