Public Hearing for General Ordinance Bond
Oct 27, 2026
Agenda preview
The lede
- The Belvidere Township Park District Board of Commissioners scheduled a public hearing for October 27, 2026, to discuss selling up to $1,375,000 in general obligation limited tax park bonds.
- The bonds would pay for land purchased or condemned for parks, building and maintaining park facilities, paying off existing district debts, and related expenses.
- The hearing was set for 4:45 p.m. at the Baltic Mill Annex in Belvidere Park.
Decisions & votes
No content.
Discussion items
- The board planned to hold a public hearing to receive comments on the proposed $1,375,000 bond sale.
- A closed session was scheduled, though the agenda does not specify the purpose.
Financial / operational notes
- The proposed bonds would not exceed $1,375,000 and are designated as general obligation limited tax park bonds.
- Bond proceeds are earmarked for multiple purposes: acquiring park land, building and maintaining facilities, improving existing district property, paying outstanding obligations, and covering associated expenses.