Thiessen abstained from the vote because he has had extensive private business dealings in and with the village of Bridgeview. The three-person TTO board approved the intergovernmental agreement with Bridgeview at its Nov. Within 48 hours we could have the money back if we need it.” We find this to be the most logical way to quickly invest our money and it’s liquid enough for us. “It’s a quick and convenient way to manage your money without having to go to a downtown bank. “We have it in the Illinois State Treasurer’s Fund, but the schools treasurer can give us a bigger rate of return,” Landek said. 27, the Illinois Funds was paying its investors a 4.091% interest rate. Landek says investing the village’s funds with the TTO instead of the Illinois Funds, a state-run local government investment pool that Bridgeview has previously invested in, makes sense for Bridgeview. Steve Landek (D-Bridgeview) is also the longtime village president of Bridgeview who has long been the primary defender and protector of the Lyons TTO in Springfield. “And we don’t think Bridgeview will be the last. “We’re doing this to mitigate the obligations to the other school districts,” Mike Thiessen, the president of the board of trustees of the Lyons TTO, said of the agreement to invest Bridgeview’s money.
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