FRG focuses on redevelopment
FOX RIVER GROVE – The village plans to continue concentrating on economic development to bring in additional revenue to help keep a balanced budget, Village President Bob Nunamaker said at his annual state of the community address.
“We’re focusing on economic development because business as usual is not going to work,” Nunamaker said. “This village needs some other streams of revenue.”
Fox River Grove has set up a downtown tax increment financing district to spark redevelopment in the area, and the Village Board will regularly discuss economic development updates, including improving downtown parking and running a facade grant program, Nunamaker said.
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