Sussex Gives Green Light to Next Step in Corporate Park Process
A $60,000 grant has been approved to start the purchasing process of 120 acres of farmland to be developed into Sussex’s newest corporate park.
Both the Community Development Authority and the Sussex Village Board voted unanimously Tuesday night to begin the process of purchasing 120 acres of farmland on the west end of Sussex, turning it into a new corporate park. A community development grant totaling $60,000 will be paid to Brookfield developer MLG to begin surveying the land behind Kohl’s and Shopko, doing environmental studies and possibly completing the sale of the farmland with Johnson Bank, the current owner of the land. Sussex officials stress they have the right to stop the process at any time, and the grant money is revenue from a former tax incremental financing district, not tax money from Sussex homeowners. When filled with businesses, MLG estimates the business park…
In this Article:
harvey
5:39 pm on Friday, June 22, 2012
arnold the village did not spend any money for the silver spring industrial park and it was still built   more ›