Cascade Township Board Deliberates Issuance of a liquor license

The Cascade Township Board (last night) discussed the method by which a liquor license would be issued in the Township.  Cascade qualified for an additional license as a result of the 13% increase in population reported in the 2010 Census.  A request for applications resulted in three entities showing interest in the license:  Osaka Shushi restaurant planning to move into the building that housed Carlos O'kellys on 28th Street, Drury Hotels planning to construct a hotel on the site of the former Knights Inn on 28th Street, and the existing Euro-Bistro on 28th Street near Thornhills.  The Board determined that they needed to define their process a bit more to be able to allocate the license that would maximize the economic development opportunities for the Township.  It is expected that this item will be discussed further at the April 11th Board meeting. 

Cascade Saving Money

The Cascade Township Board took action last night to authorize staff to call-in two bonds - one from the 2002 Tassell Park Construction Project and one from the 2003 Pathways Construction Project.  Paying off the $785,000 balances four years early will save $82,000 in interest payments.  Both funds (General and Pathways) have fund balances to cover the payments making this a nice savings for the residents of the Township.  A good night!!!