Economic Development Minutes 2012 04-03-12
APPROVED 6/12/12
UNITED CITY OF YORKVILLE
ECONOMIC DEVELOPMENT COMMITTEE
Tuesday, April 3, 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
Mayor Gary Golinski
Community Development Director Krysti Barksdale-Noble
Code Official Pete Ratos
Other Guests
Lynn Dubajic, YEDC Tom Gilmour
Fred DuSell Barb Nelson
Ray Wolson George Frost
Paul Herman Brian Johnson, Boombah
Stuart Oseroff, Site Solution Rick Tollefson, Imperial Investments
David Schultz, HR Green Gary Davidson, BJHDP
Joe Phillips, D Construction Jason Poppen, HR Green
Jason Leslie, Imperial Investments
The meeting was called to order by Chairman Marty Munns at 7:00pm.
Chairman Munns asked for a motion or recommendation to move New Business Item #3,
PC 2012-02 back to Plan Commission since there were no facts or recommendations
from that committee. All committee members agreed with moving this item back to the
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Plan Commission meeting on April 11 for further information. Guest Fred DuSell
asked why this item was sent to this committee. The City Attorney and City
Administrator will be asked to clarify the reason.
Citizens Comments
None
Minutes for Correction/Approval:
March 6, 2012
Minutes approved as presented.
New Business
1. EDC 2012-12 Building Permit Report for March 2012
Alderman Funkhouser said he appreciated seeing the BUILD program outlined in the
report. Ms. Barksdale-Noble said another permit application had been received and it is
for Bristol Bay. Lot availability in Heartland Circle was briefly discussed.
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2. EDC 2012-13 Building Inspection Report Summary for March 2012
Since inspections are now done in-house, Alderman Funkhouser asked Mr. Ratos to
report on his progress. He said he is busy conducting inspections etc, however, there is
time enough to assist homeowner who have questions on their projects. While he is not
doing JULIE locates, he said there does not seem to be a waiting time for them.
3. PC 2012-02
(Item referred back to Plan Commission for their April 11, 2012 meeting). See above.
4. EDC 2012-14 Municipal Building Impact Fee
Ms. Barksdale-Noble reviewed this item and said staff was asked to discuss again this
month, the possibility of a further reduction in the building impact fee. The $5,500 fee
had been reduced to $1759 per unit. A building permit formerly cost $10,000 and was
reduced to $6,400.
Alderman Teeling said she asked to have this brought back to committee since it
appeared some of the developers got lower rates since their annexation agreements were
coming due, however, others without agreements or with locked in fees, could not always
get the lower rate. Ms. Barksdale-Noble said most developers had fee locks, however,
the timing was different on them. River’s Edge had 5-year fee locks while other
developers had 10-15 year locks. Builders without any agreements would pay $1,759 per
unit.
Ms. Teeling asked how many agreements the City has with developers. There are about
40 subdivisions with different trigger dates. She thought the fees should be reduced even
more, however, other committee members wanted to keep the present fees.
No further discussion or action.
5. EDC 2012-15 Imperial Investments TIF Incentive Agreement
An agreement was drafted for reimbursement for improvements made by Imperial
Investments in the downtown area. There will be an investment of $2 million with a
completion date of December 2013. Reimbursement would come from eligible TIF
funds.
Ms. Barksdale-Noble said the TIF is for 23 years and will end December 31, 2029. There
is currently money in the TIF. Chairman Munns and other committeemen recognized
that improvements have already been made in the downtown. Alderman Funkhouser said
he was glad to see progress being made and TIF funds being used and Alderman
Milschewski noted that the Fox Industrial TIF was also successful.
Imperial Investments spokesman Jason Leslie said he had a line-by-line document of the
projects and hoped for a positive recommendation from EDC. Mr. Leslie said each
agreement is a stand-alone.
The committee approved and this item will move to the April 10th City Council meeting.
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Old Business
– none
Additional Business -
none
The meeting adjourned at 7:27pm.
Minutes respectfully submitted by
Marlys Young
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