Board discusses regional road consortium and approves partial mortgage release for business park Trustees heard legal and administrative briefings on forming an intergovernmental consortium to pursue a state innovation grant and approved a partial release of a real-estate mortgage to enable development at Salem Business Park; consultants said the park could add substantial assessed value and possibly accelerate TID closure.

The Village of Salem Lakes is exploring a road consortium that could unlock $250,000 in grants while also paving the way for significant growth at the Salem Business Park!

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Salem Lakes board directs staff to pursue regional road consortium and Innovation Grant application The Village Board voted to authorize staff and legal counsel to pursue development of an intermunicipal road consortium and to draft intergovernmental agreements and a legal-opinion letter to support an Innovation Grant application; the motion passed by roll call after a lengthy staff presentation and legal briefing.

Salem Lakes is taking a bold step towards improved road maintenance with plans for a regional road consortium and a shot at a significant Innovation Grant!

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EDC to brief village board on multi-community road consortium after regional presentation Committee heard an update on a developing multi-community road consortium; members agreed to place the consortium introduction on the village board agenda so board members can be educated ahead of any decision and Pete volunteered to collect presentation materials and contacts.

A new multi-community road consortium is on the horizon, promising to streamline services and explore grant opportunities—are you ready to learn more about this game-changing initiative?

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