River Forest officials unveiled plans at the Jan. 8 Village Board meeting to issue a $600,000 bond to fund infrastructure projects in the village, and it cleared the first hurdle when nobody spoke at the required public hearing.Officials also started making plans for spending some of that money, approving three contracts for infrastructure projects costing $500,000. The contracts were approved unanimously by the four trustees present without discussion as part of the consent agenda. Trustees Ken Johnson and Bob O’Connell did not attend.Village administrator Matt Walsh explained that officials have issued notice to several local banks asking for bids with a deadline of Jan. 18.“We will evaluate the bids and interest rates and prepare for approval” at either the Jan. 22 or Feb. 12 village board meetings, he said.
Over the past several years, Libertyville-Vernon Hills Area High School District 128 has funded tens of millions of dollars in building-related projects at both high schools without having to borrow, .