Local News

Want to open a new business in Flossmoor? Here’s how to apply for an economic incentive

Prospective Flossmoor business owners who want to ask the village board for financial incentives now have some ground rules for their application process. At the Flossmoor village board’s July 2 meeting, trustees unanimously approved formal economic development policy guidelines in an effort to clarify what types of financial incentives it will consider and how applicants should prepare their requests. “As the pace of economic development is increasing, it’s become necessary for us to have a policy, as opposed to just weighing things that come before us just ad-hoc, so to speak,” said Mayor Paul Braun . . .

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