Latest / Kendall County News - Shaw Local / Yorkville gets final payment of $1.77 M settlement over once-abandoned Whispering Meadows subdivision

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Yorkville gets final payment of $1.77 M settlement over once-abandoned Whispering Meadows subdivision · Kendall County News - Shaw Local

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  Yorkville gets final payment of $1.77 M settlement over once abandoned Whispering
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  Meadows subdivision. This article is being read by
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  an automated voice brought to you by Everlet. The final payment of
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  one point seven seven million in settlement regarding the Whispering Meadows subdivision
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  in Yorkville is finally coming the city’s way.
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  After Kimball Hill Homes began construction on the neighborhood in 2005-2006, the
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  developers went bankrupt in 2009 and abandoned the project. Streets remained unfinished
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  and the subdivision remained in partial completion for several years.
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  The city reached a third settlement regarding the project with various bond
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  entities and developers. The money is being directed to complete the unfinished
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  infrastructure throughout the subdivision.
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  City Council approved a $210,000 settlement with William Ryan Homes on Oct.
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  27.
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  This litigation represents the final party in the original litigation and no
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  further litigation is expected, City Administrator Bart Olson said in city documents.
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  Mayor John Purcell thanked the City Council for its support on the
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  settlement.
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  The city previously filed lawsuits in both 2011 and 2014 against the
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  developers and their various bond entities.
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  In 2018, the city approved an $800,000 settlement from one of the
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  property’s previous partners, Fidelity and Deposit Company of Maryland. Fidelity agreed to
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  pay the funds, which were used to repair and repave many of
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  the neighborhood’s neglected streets and sidewalks.
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  In 2024, another partner, TRG Two, LLC agreed to pay the city
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  a $760,000 settlement. The city has used each chunk of settlement money
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  to complete the needed infrastructure throughout the subdivision.
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  Alderman Matt Marek has previously praised the residents of the subdivision for
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  dealing with the ordeal for close to two decades.
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  In February 2025, the city spent $250,000 on Whispering Meadows
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  to provide engineering solutions to mitigate the area’s frequent flooding. A new
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  outflow system is designed to channel rainwater into the Rob Roy drainage
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  ditch and out towards the Fox River.
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  That money also came from the settlements.
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  The city also reimbursed the Whispering Meadows Homeowners Association in January for
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  $40,000 in work incurred over several years for infrastructure maintenance, including on
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  a detention basin.
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  The rest of the subdivision is currently being built out.