Monday, March 3, 2008

City of Morris exposed to civil liability?

Morris is not the first city to make creative use of sales tax rebate agreements.

The village of Lisle entered into a questionable sales tax rebate agreement and soon found itself named as a defendant in a lawsuit brought by the other municipality.

After years of litigation, a cash settlement was reached, as reported in this recent Chicago Tribune article.

Read the complete appellate court ruling in Village of Itasca vs. Village of Lisle.