Breaking News Bar
posted: 3/20/2012 8:49 PM

Libertyville gets OK to issue $20 million in road bonds

hello
Success - Article sent! close
 
 

Streets in Libertyville will be getting an extensive makeover after voters approved issuing $20 million in bonds for road repairs.

Unofficial totals with all 17 precincts reporting showed voters by a 2,121 to 1,428 tally agreed to increase property taxes to pay for the bonds to be issued over the next four years. The owner of a $300,000 home will pay an extra $34 per year initially, rising to a total of $136 per year in additional property taxes to fund the work.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Village officials say they will use the proceeds to repair and resurface 30 miles -- or about one third -- of village streets over the next several years beginning in 2013.

The village normally spends about $1 million per year on roads but has fallen behind.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.