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Posted on: October 17, 2019

Village Facilities Update

The Village of Woodridge is excited to share an update on the progress toward the construction of a new Police Department and Public Works storage facilities. On October 3, 2019 the Village Board passed two resolutions to advance the facilities project. First, the Village Board authorized the commencement of Phase 1 which includes the acquisition of the property, to accommodate the construction of a new Police facility, Public Works salt and cold storage facilities, and improvements to the existing 1 Plaza Drive facility. Additionally, on October 3, the Village Board authorized step one of the Phase 1 financing plan, with a private bank placement of a $5 million bond issuance at a 1.86% interest rate for a 10-year term. Of the $5 million issued, the Village will use $3.375 million to finalize the purchase of the 12.5 acre, northern, portion of the former Wilton site. This land purchase was discussed and approved during the June 6, 2019 Regular Board Meeting. The Village has created an overview of the project in a detailed story map.

Click for an overview of the facilities project
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