Warrenville Asks Naperville Schools to Drop Lawsuit Over TIF
A District 203 suit alleges the city of Warrenville, Wheaton Warrenville District 200 and other taxing bodies have been wrong in profitting from the Cantera Development.
Warrenville City Council on Monday passed a resolution asking the Naperville Community School District 203 to end an eight-year lawsuit against the city and four other taxing districts, including Wheaton Warrenville District 200, over Warrenville's Cantera Tax Increment Financing District (TIF). Filed on March 16, 2005, the suit charges Warrenville, District 200 and park, library and fire protection districts with wrongly benefitting from the TIF monies, according to the Chigaco Tribune. Both sides of the suit have spent "hundreds of thousands" of dollars on the lawsuit, Warrenville officials said in a statement. According to the Naperville Sun District 203 has spent $446,153 on the suit and the city of Warrenville has spent $133,203. …
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Dustin R
7:00 am on Thursday, January 24, 2013
30 years ago when nothing was on this property, Warrenville didn't care who it belonged to. Now that Naperville residents, who lets face it spend more money there than Warrenville residents, want what is their's by law, Warrenville is crying about it. You say there s no money left? Of course not, it was spent. Maybe you should just fess up on how it was sent and this issue would be over. If it is… more ›