Overview

• The Chicago Bears submitted preliminary traffic and financial impact studies to Arlington Heights officials, marking the next step in the approvals process.
• A memorandum of understanding with School Districts 15, 211 and 214 fixes site property taxes at $3.6 million annually through 2027 and protects schools from additional financial burdens.
• A joint review board representing local school districts, the park district and other taxing bodies must approve any tax deal, with votes weighted by each agency’s share of the tax levy.
• The proposal includes creating a Payment in Lieu of Taxes district to finance infrastructure, for which the Bears and local leaders must secure state legislative approval.
• Rolling Meadows enlisted a lobbyist, traffic engineer and noise consultant to assess potential impacts and ensure fair cost-sharing for public services.