Officials in the village of Crestwood, Ill., are moving toward a possible $15 million payout to settle lawsuits over the Chicago suburb’s decades-long use of contaminated well water in its drinking supply.
The Daily Southtown reports that village trustees approved a $9 million bond issue that would help cover the cost. Another $3 million would come from current funds and the remainder from insurance.
But Mayor Lou Presta says the plan could unravel. He says that’s because residents could petition to have the bond sale put before voters in a referendum.
The village told residents it only used Lake Michigan water after discovering in 1985 that a village well contained cancer-causing vinyl chloride. But regulators later found that contaminated water continued to be mixed into the supply for years.
Topics Illinois
Was this article valuable?
Here are more articles you may enjoy.
High-Powered Dads Are Spending Less Time at Work, More on Childcare
Uber and FedEx Get Green Light for Racketeering Suit Against Lawyers, Doctors
Some College Finals Delayed After Canvas Online Platform Hacked
Hedge Funds Make Their Move as Litigation Finance Assets Slump 

