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Economic Development Minutes 2012 03-06-12 APPROVED 4/3/12 UNITED CITY OF YORKVILLE ECONOMIC DEVELOPMENT COMMITTEE Tuesday, March 6, 2012, 7:00pm City Conference Room In Attendance: Committee Members Chairman Marty Munns Alderman Jackie Milschewski Alderman Chris Funkhouser Alderman Diane Teeling Other City Officials City Administrator Bart Olson Community Development Director Krysti Barksdale-Noble Code Official Pete Ratos Other Guests Lynn Dubajic, YEDC Tony Scott, Kendall County Record The meeting was called to order by Chairman Marty Munns at 7:05pm. Citizen Comments: None New Business 1. EDC 2012-06 Building Permit Report for January and February 2012 It was noted the number of permits are increasing. Minutes for Correction/Approval January 3, 2012 (out of sequence) The minutes were approved as presented. 2. EDC 2012-07 Building Inspection Report Summary for January and February 2012 Code Official Pete Ratos said next month looks positive and there should be some building occurring in the spring and summer. 3. EDC 2012-08 Resolution Supporting the Kendall County Community Economic Development Plan Dated December 2011 Mr. Olson said this plan was approved by the County and they are asking for a vote of acceptance from each municipality to promote and market the plan. Chairman Munns said there is no mention of the cost and there seems to be duplication of what some of the cities are already doing. 1 Ms. Dubajic commented that the County wants all the towns to attend events together and promote a unified front to promote to major industrial users. Accessibility to a large workforce is also an important factor. She said the plan cost is paid from County funds. Alderman Teeling asked what the County used prior to this plan. There was no formal document in place previously. The County has a point person already with no new hires planned. Alderman Funkhouser said he attended the presentation at a School Board meeting and wondered about the duplication of what Yorkville is already trying to accomplish in attracting industrial users. He felt that might be a slight drawback. However, Ms. Dubajic said the local economic development leaders would attend meetings along with the County. She added that some industrial businesses might be too large to be within the City, but if they located in the County, Yorkville would still reap some benefits. In a related issue, Ms. Dubajic said the Eldamain corridor is underserved with natural gas for industrial uses. She said this proposed resolution would assist with this issue and overall be a beneficial tool. st A job fair will be held on June 1 at the Waubonsee College Plano campus according to Ms. Dubajic and will be a Kendall County Job Fair to serve the entire county. Businesses that serve the County on a regional basis will be solicited. Alderman Munns asked about downtown improvements as related to this resolution. Ms. Dubajic said the downtown would primarily be a municipal decision. All communities are being asked to support this resolution and Mr. Olson expects that all towns will approve. Other issues such as transportation could be examined by the County as well. Ms. Teeling said the City should support this resolution since all of Yorkville is in the County. However, concerns about the budget were expressed by Chairman Munns. Some committee members wondered if the County budget would increase as a result of this resolution. This resolution will move forward to City Council for consideration. 4. EDC 2012-09 Land Cash Appraisal Update In the last couple months, this committee has discussed ideas to spur development and defer costs. One of the ideas was to obtain a new appraisal for land value. Estimates for this study ranged from $2,500 to $7,500 with a time frame of 3 weeks to 45 days. The firm David W. Phillips Company was selected to conduct this study since they utilize more concrete methodology. Their fee is $4,500 with a completion time of 30 days. This will move forward and Krysti Barksdale-Noble will provide an update at the May EDC. 2 In a related matter, Alderman Teeling said she feels the municipal building fee should be further reduced especially since some of the local builders are locked in at high fees in comparison to others at $150. Mr. Olson said these fees would affect the Build Program and the long range plans for a new municipal building and police department. Ms. Barksdale-Noble asked if the permit fees could be waived and the municipal building fees remain intact. Mr. Olson replied that they could. This matter will be brought back to the April EDC meeting for further discussion. 5. EDC 2012-10 B.U.I.L.D. Incentive Program Update Twelve new permits have been issued for single-family homes, since the beginning of the year and 4 of these are with the B.U.I.L.D. program. Ms. Barksdale-Noble expects 30 permits in 12 months under this program. It is hoped that 75-100 permits will be issued for the year. In next month’s permit report, there will be an additional column detailing the B.U.I.L.D. permits. This program update will be sent out after the meeting and to the Council under staff reports. 6. EDC 2012-11 Tuscan Plaza – Request for Release and Termination of TIF/Development Agreement The new buyer/owner for Tuscan Plaza contacted the City and requested that the TIF agreements be released to clear the title. The City Attorney said TIF agreements should not be attached to the titles or to the property and she has prepared documents for the release. Mr. Olson said potential financial obligations for the City are also removed by this action. The new owner can re-apply for a new TIF. Old Business – none Additional Business - none There was no further business and the meeting adjourned at 7:36pm. Minutes respectfully submitted by Marlys Young 3