Board declares developer in default

By on July 9, 2010

SUGAR GROVE—The Sugar Grove Village Board on July 6 declared The Landings developer in default of an obligation under a previous agreement with the village to finish the development’s road, water and sewer improvements.

The default will call in two bonds of credit to ensure that the developer or its insurance company will finish the work that began three years ago. The Landings, a retail and office development, is located at Route 47 and Park Avenue in Sugar Grove.