Lakeside Bank seeks tax break for planned Bridgeport development

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But nearby businesses rallied against the development, signing a 53-signature petition to have the plans refused. The application was then rejected twice before being approved on the third occasion..

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Opponents of the development testified that diesel trucks brought by the. DOWNTOWN – Aldermen delayed approval of a tax break for a. so far has conflicted with what the Little Village community wants.. A Class 7b tax break for Lakeside Bank worth $1.7 million won unanimous approval as well.

The tax bill for Crescent Crossing, planned for 252 Hallett St., will start at $65,100. A development at 585 Norman St. would pay $135,000 and a burned out factory at 72 Cherry St. that is being.

A Board of Education member doubling as a DeKalb Development Authority member, pushing for the $52 million tax break, is equally as shameful. This property is in a fantastic location. If Sembler has to sell it, there will be many interested parties in purchasing it.

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