Last updated on April 19, 2014 at 18:42 EDT

Latest Elwood, Illinois Stories

2013-08-29 12:26:52

Developer fails to produce records showing workers are paid according to statute ELWOOD, Ill., Aug. 29, 2013 /PRNewswire/ -- The Village of Elwood has asked a judge to require CenterPoint Properties to provide documentation to determine if the developer is in compliance with state law in paying workers a prevailing wage. Although state law and the Tax Incremental Finance (TIF) agreement between the Village and CenterPoint require that it pay prevailing wages, CenterPoint has...

2013-02-07 16:27:18

ELWOOD, Ill., Feb. 7, 2013 /PRNewswire/ -- The Village of Elwood filed a lawsuit today in Cook County Circuit Court to force CenterPoint Properties to detail how it spent the $150 million in local tax money it received after the village created a tax increment financing (TIF) district for redeveloping a 1,820-acre site located on the former Joliet Arsenal property. Despite repeated requests from village officials to release information relating to the project, the Oak Brook-based...