Trustees Grant Preliminary Approval for Arbor Trails Subdivision, Rent Agreement with Convention & Visitors Bureau

Monday night Lisle village trustees cast a majority vote to grant preliminary approval to K. Hovnanian Homes, the developers proposing a 163-home subdivision called Arbor Trails. The developers hope to approach the board for final approval early this summer, but will continue to work with village staff on an annexation agreement in the coming months. The property, which runs along Maple Avenue, is currently owned by Meijer Stores L.P., and zoned in DuPage County.

[See our previous Arbor Trails coverage.]

Trustees also approved a lease agreement allowing the Village to rent a portion of Village Hall to the   (LCVB).

While LCVB staff currently occupy a space in downtown Lisle at 4746 Main St., they are seeking 1,000 sq. ft. of Village Hall space when their lease ends this October. Trustees recommended an annual rent of $20,000. Village manager Jerry Sprecher said he and LCVB director Diane Homolka will determine how these payments will be made to the village; staff memos show the LCVB may pay a monthly rent or have the rate deducted from their funds on a quarterly basis.

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