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Community Digest

Updated: December 24, 2012 6:56AM


Adoption: Do you have the patience and compassion to help a dog adjust to a new home? If you do, Save-A-Pet has some special dogs waiting to meet you at 31664 N. Fairfield Road. They are being overlooked for the simple reason that they need a low-key home, some without young children, other dogs and/or cats. During regular business hours, Save-A-Pet staff and trained volunteers are available to help you hopefully make a connection with one of these dogs. You can spend as much time as you’d like to meet a variety of dogs. You can also make an appointment if this works better for you. Every adoption, between now and through the holidays, of one of these special dogs includes a half price adoption fee, a $5 coupon toward a bag of dog food, a favorite toy, and for the holidays, your adopted dog will be receiving a special gift from all of us (shhh, that’s a surprise, but your dog will be happy to see the mailman!) ... the best gift, however, will be you, his new family. Join Save-A-Pet in celebrating 40 years of saving lives and creating lasting bonds. For 40 years, no dog or cat has been killed because of old age, medical or behavior needs, breed or just being unwanted. For more information, call (847) 740-7788 or visit


Bonds: The Village has issued the first $5 million of the $20 million in bonds that were approved in the March 2012 referendum. These bonds will be used to rehabilitate roads within the Village. The Village worked with Speer Financial Advisors and requested a rating review by Moody’s to evaluate the Village’ credit quality. Moody’s reaffirmed the Village’s Aa2 bond rating. The bond sale was held Nov. l3, and 15 bids were received from five bidders. The winning bidder was William Baird with a 2.027 percent true interest cost for the bonds that will mature through December 2031. The Village had used a 4 percent interest rate for the estimates provided to residents in information regarding the referendum. This amounts to over $1 million in savings for Village taxpayers from what was originally projected. For a home with a $300,000 value, the tax increase for taxes paid in 2013 will be approximately $9. The Village also sold $4.2 million in water and sewer bonds. Revenues generated by users of the Village’s water and sewer system will be used to pay these bonds. William Blair was also the winning bidder on this issue with a true interest rate of 2.11 percent which was slightly higher than the road improvement bonds due to the longer maturity of this issue. Funds from this bond issue will be used to replace or repair water and sewer mains, along with various other water, sewer and wastewater improvements.

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