West Dundee plans to scrap an old TIF district and create a new one for Spring Hill Mall and the surrounding area. The old TIF district is underwater and not generating any money. Carpentersville did something similar for portion of the mall that falls within its boundaries.
Spring Hill Mall property taxes are $102,000 in arrears, which came as news to the CEO of the company that owns the shopping center and has the village presidents of West Dundee and Carpentersville concerned.
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