Last I looked, Americana Estates had been losing money. Matter of fact, of the 30 or so homes built in this 200+ land home site, some of them were foreclosed and still not selling at half the price. So why is it budgeted this year to do more land work? Does the Village officials know something about Bolingbrook housing coming back that we don't know about? Why would we develop more land until the 200+ we paid to develop was done?
Furthermore, under the GO Bond for this year, we have budgeted for a whopping $100,000 playground to be installed for the what, five to ten kids, that live there?
Just want to say that I disapprove. I think they should get a playground, but hey, why else would they pay association fees? So where are those fees going if not to the playground?
How much are they spending on Beaconridge where the foreclosure rate is sky high and the property values are so low that the taxes going to Bolingbrook, Valley View School District and Fountaindale Library from this subdivision don't even come close to covering the cost of the services provided to the residents that live there?
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