Two times per year, subject to availability of funds, the Village solicits requests from other governmental bodies for the release of monies collected from developers under the Village's Land Dedication Ordinance. As of April 30, 2020 the following summarizes the amounts collected and the requests from the other governmental bodies including their proposed designation for the use of these monies:

Community Consolidated School District 15 – To fund improvements to an existing school.

Total collected to date and requested:                       $63,377.16

Township High School District 214 – To offset costs related to improvements of existing business, technology, special education and facility improvement projects at John Hersey High School.

Total collected to date and requested:                       $26,732.94

Arlington Heights Memorial Library – To help fund updated furniture for public space.

Total collected to date and requested:                       $58,178.98

RECOMMENDATION

It is recommended that the Village Board approve disbursement of contributions in lieu of land dedication to various local governments and approve the local governments' designation for use of the monies totaling $148,289.08.