Article posted: 10/9/2012 9:52 PM

Special financing district retired after successful run in Round Lake Beach

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Trees line the main street in the Meadow Green town home subdivision, a 42-building, 208-unit complex, on Cedar Lake Road north of Rollins Road.

Paul Valade | Staff Photographer

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TIF District No. 3 represented a unique public/private effort to improve property conditions at the Meadow Green town home subdivision on Cedar Lake Road north of Rollins Road.

Paul Valade | Staff Photographer

Trees line the main street in the Meadow Green townhouse subdivision, a 200-unit complex, on Cedar Lake Road north of Rollins Road.

Paul Valade | Staff Photographer

Paul Valade/pvalade@dailyherald.com The TIF District No. 3 represented a unique public/private effort to improve property conditions at the Meadow Green town home subdivision, a 42-building, 200-unit complex, on Cedar Lake Road north of Rollins Road

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A special financing district in Round Lake Beach represented a unique partnership between the village and owners in a deterioriating subdivision when it was formed about 12 years ago. TIF District No. 3 was designated to improve property conditions at the Meadow Green town home subdivision, a 42-building, 200-unit complex, on Cedar Lake Road north of Rollins Road. Trustees this week agreed to end the special designation.