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Lisle's board of trustees voted this weeke for a policy on flood plain property acquisition and demolition. The policy will allow the village a secondary source of funding to remove properties at risk of serious flood damage.
Lisle has passed a responsible bidder ordinance. It outlines a set of guidelines that must be met by companies seeking to do construction work for the village.
Lisle trustees voted Monday to override Mayor Chris Pecak's veto of a plan to provide economic incentives to encourage the redevelopment of a vacant shopping center in the village's downtown.
Lisle Mayor Chris Pecak is vowing to veto a a decision by the village board to provide economic incentive to a developer who wants to build a $59 million mixed-use project downtown. Pecak is expected to deliver his veto during Monday night's board meeting. He says he's opposed to providing up $10.5 million in incentives to developer Flaherty & Collins
Lisle trustees have approved an economic incentive plan for a developer to build a downtown mixed-use apartment and retail complex to replace a shuttered shopping center.