Council Votes on $4.5 Million Early Payment for Alderman’s Company Developing Old Hospital Site
Aurora agreed to give Fox Valley Developers $9 million towards the $128 million senior housing project at the site of the old Copley Hospital – $4.5 million at the start and $4.5 million at the end. Though the project is more than a year behind schedule and still not completed, city council approved the final payment to Alderman Ron Woerman’s company.
If you have an idea for a story you’d like to see us cover about an issue, event, or business, submit your tip on Talking Cities here.
See the amended agreement that excludes Alderman Ron Woerman from the project’s financial guarantee below:
Comments
We welcome comments on this site that are relevant and respectful. Including a link to relevant content is allowed.
Comments that are offensive, defamatory or libelous may be edited or deleted.
Comments that contain profanity or a direct attack on an individual will be deleted.
Spam comments will be deleted.
We reserve the right to edit or delete any comment submitted to this site without notice.
This comment policy is subject to change at any time.
If you have any questions about our comment policy, please contact us.
Add a comment