Breaking News         Latest US News              New York News              Fx Tribune

How to Deal With German Shepherd Aggression
Elk Grove Township officials scuttled a deal Monday to sell township property at the corner of Golf and Elmhurst roads, slamming the developer's bid as a "slap in the face" and waste of taxpayer dollars.Township board members voted 4-1 to reject DiMucci...

Elk Grove Township nixes plan to sell Golf Road property

Elk Grove Township officials scuttled a deal Monday to sell township property at the corner of Golf and Elmhurst roads, slamming the developer's bid as a "slap in the face" and waste of taxpayer dollars.Township board members voted 4-1 to reject DiMucci...

Elk Grove Township nixes plan to sell Golf Road property

Elk Grove Township officials scuttled a deal Monday to sell township property at the corner of Golf and Elmhurst roads, slamming the developer's bid as a "slap in the face" and waste of taxpayer dollars.

Township board members voted 4-1 to reject DiMucci Companies' $245,000 bid to buy land at 401 W. Golf Road, which the township uses to operate youth services. DiMucci owns the neighboring Golf Plaza II shopping center and land to the south and west of the township's 25,000-square-foot lot.

The real estate firm approached the township with an offer to buy the property, and the two sides negotiated a nonbinding $350,000 deal last year, Township Supervisor Mike Sweeney said. With the preliminary price set, the township agreed to start the complicated and expensive process to gain public approval to sell the land, he said.

Township officials considered the deal a win-win situation. The township could gain revenue by returning the property to the tax rolls, and the developer could revitalize the struggling shopping center.

The township spent an estimated $20,000 to advertise and hold a public vote to authorize the sale. Residents approved the transaction in November, and the township opened bids for the property. DiMucci, the lone bidder, offered the appraised value of $245,000, about $100,000 less than the nonbinding deal, Sweeney said.

"It was a slap in the face by DiMucci Companies," Sweeney said. "They clearly operated in bad faith, and it was a waste of people's time and taxpayer dollars."

A representative from DiMucci did not immediately return a phone call Tuesday.

The proposed sale was part of a long-term plan to consolidate township properties. While youth services will continue to operate at the property on Golf Road, the township now has plans to sell two other properties.

The township board Monday formally approved plans to sell properties at 711 Chelmsford Lane in Elk Grove Village, where a nonprofit day care operates, and 2400 Arlington Heights Road in Arlington Heights, the township's headquarters. Bids on the properties will be opened this summer.

Our editors found this article on this site using Google and regenerated it for our readers.

Breaking News Headlines

banner30
Who wants to disguise Anne Frank for Halloween?
Who wants to disguise Anne Frank for Halloween?
At least 43 dead in a Taliban attack on military base in Afghanistan
At least 43 dead in a Taliban attack on military base in Afghanistan
May open letter to European citizens: "We want you to stay"
May open letter to European citizens:
Portugal retrieves grenades and rocket launcher stolen on military base
Portugal retrieves grenades and rocket launcher stolen on military base
Arrested ten people in France in an alleged ultra plot
Arrested ten people in France in an alleged ultra plot
Israel warns that it will not negotiate with Palestinians if Hamas does not disarm
Israel warns that it will not negotiate with Palestinians if Hamas does not disarm
Florida declares emergency status before an act of a right-wing agitator
Florida declares emergency status before an act of a right-wing agitator
The origin of the mysterious Humans of Easter Island
The origin of the mysterious Humans of Easter Island
A three-year-old boy and two adults die in a traffic accident in Badajoz
A three-year-old boy and two adults die in a traffic accident in Badajoz
The Guardia Civil registers the headquarters of the 112 in Reus looking for the recordings of October 1
The Guardia Civil registers the headquarters of the 112 in Reus looking for the recordings of October 1
Germany sees "leeway" for a negotiated solution in Catalonia
Germany sees
May launches a diplomatic offensive to unlock the Brexit
May launches a diplomatic offensive to unlock the Brexit
POLLS Results ALL
Who is the most powerful actor in Syria

banner31
Front Pages
  • The Sun
NEWS ARCHIVES