Yorkville gets final payment of $1.77 M settlement over once-abandoned Whispering Meadows subdivision

The final payment of $1.77 million in settlement regarding the Whispering Meadows subdivision in Yorkville is finally coming the city’s way.After Kimball Hill Homes began construction on the neighborhood in 2005-2006, the developers went bankrupt in 2009 and abandoned the project. Streets remained unfinished and the subdivision remained in partial completion for several years.The city reached a third settlement regarding the project with various bond entities and developers. The money is being directed to complete the unfinished infrastructure throughout the subdivision.City Council approved a $210,000 settlement with William Ryan Homes on Oct. 27.“This litigation represents the final party in the original litigation and no further litigation is expected,” City Administrator Bart Olson said in city documents.Mayor John Purcell thanked the City Council for its support on the settlement.The city previously filed lawsuits in both 2011 and 2014 against the developers and their various bond