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The Glen Ellyn Historical Society is asking the Village of Glen Ellyn to forgive a $1.4 million debt it owes the village.
Representatives of the society made their case to members of the village's relatively new Finance Commission, Friday morning at Village Hall.
Commissioners were not quick to welcome the idea, given the state of the economy.
Members of the society have been in talks with village staff since the summer. According to Janice Langford, executive director of the historical society, It was Village Manager Steve Jones who recommended that the society make their case to the Finance Commission.
The debt is the result of an older agreement the society has with the village, in which the village purchased property in anticipation that the society would then raise funds to pay for the purchase.
Society volunteer Dan Anderson told commissioners that the society and the village can not settle on an agreement regarding the debt because, "Philosophically, we're up against a brick wall."
Langford says the society can not move forward with the development of historic sites so long as the $1.4 million debt stands in the way.
The Glen Ellyn Historical Society is asking the Village of Glen Ellyn to forgive a $1.4 million debt it owes the village.
Representatives of the society made their case to members of the village's relatively new Finance Commission, Friday morning at Village Hall.
Commissioners were not quick to welcome the idea, given the state of the economy.
Members of the society have been in talks with village staff since the summer. According to Janice Langford, executive director of the historical society, It was Village Manager Steve Jones who recommended that the society make their case to the Finance Commission.
The debt is the result of an older agreement the society has with the village, in which the village purchased property in anticipation that the society would then raise funds to pay for the purchase.
Society volunteer Dan Anderson told commissioners that the society and the village can not settle on an agreement regarding the debt because, "Philosophically, we're up against a brick wall."
Langford says the society can not move forward with the development of historic sites so long as the $1.4 million debt stands in the way.
