Dixon's $9.2M check arrives in mail
Mayor: Panel to advise on how to spend money
DIXON – Dixon received a $9.2 million check in the mail on Monday, Mayor Jim Burke said.
The check is the city's portion of money from the sale of former Comptroller Rita Crundwell's property, which was auctioned off by the U.S. Marshals Service in December 2012.
The $9.2 million will be put into the capital development fund, Burke said. A strategic planning committee will be formed with the help of Naperville-based Sikich, to determine projects for the money, the mayor said.
That conversation will likely happen after the city's budget discussions, which will start in January, Burke said.
The city will have a year to cash the check, which arrived via U.S. standard mail, Burke said, adding that it won't take the city much time at all to deposit the check.
The Marshals Service sold five properties, a luxury motorhome, more than 400 quarter horses, a jewelry collection, and other personal assets for a total of $12.2 million, according to a Dec. 19 news release.
After court-ordered claims and expenses, the city's share is $9.2 million, the release said.