Maywood library to reopen after bank extension

Novebmer 9, 2013 (MAYWOOD, Ill.)

Library officials blame the closure on falling tax revenue.

Saturday, a state official said Seaway Bank has given Maywood library a one-year extension on the $517,000 the library owes the bank.

"Seaway Bank has also approved a loan of $150,000, secured by the lot right next door here to the library," said State Representative Chris Welch (7th District). "That infusion of $150,000 will allow the library to open on Tuesday."

Welch has appointed an advisory committee to work with the Maywood Library Board to make recommendations to keep the library open.

Copyright © 2023 WLS-TV. All Rights Reserved.