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November 27, 1996 <br /> <br />Mayor and Council: <br /> <br />I wanted the Council to be aware that the special assessments in Country Crossing Business Center are <br />again delinquent. The mount past due is $84,541.32; this amount increases each month as the interest <br />and penalties are recalculated. I have been in contact with the property owner numerous times reiterating <br />to him his obligation of remaining current with all assessment payments. In an earlier discussion he <br />indicated that, at the very latest, the assessments would be paid by November 15. That phone <br />conversation was followed up by letter so he has been put on notice that his bond will be pulled if the <br />assessments are not paid. To date payment has not been made. I have been working with Peter Beck on <br />this issue and anticipate that legal notice will be sent to Riverwoods Development, the owner, in the near <br />future indicating that their bond is being pulled. <br /> <br />If you have comments or questions regarding this issue, please contact me as soon as possible. <br /> <br /> <br />