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Economic Development Minutes 2013 08-05-13 APPROVED 10/1/13 UNITED CITY OF YORKVILLE ECONOMIC DEVELOPMENT COMMITTEE Monday, August 5, 2013, 7:00pm Yorkville City Hall, Conference Room 800 Game Farm Road In Attendance: Committee Members Chairman Ken Koch Alderman Carlo Colosimo Alderman Joel Frieders Other City Officials City Administrator Bart Olson Community Development Director Krysti Barksdale-Noble Code Official Peter Ratos Other Guests: Tony Scott, Kendall County Record Pete Occhipinti Kelly Kramer, Attorney Nick Isaacson-Faegre, Baker, Daniels (for Raintree) Ken Spaeth, Midland State Bank The meeting was called to order by Chairman Ken Koch at 7pm. Citizen Comments None Previous Meeting Minutes June 4, 2013 The minutes were approved as read. New Business 1. EDC 2013-26 Building Permit Report for June & July 2013 No comments. 2. EDC 2013-27 Building Inspection Reports for June & July 2013 No comments. 3. EDC 2013-28 Fourth Amendment to the Redevelopment Agreement for the Downtown Yorkville Redevelopment Project Area (Imperial Investments, LLC) Bart Olson said this is a new agreement and the funding of the electric line undergrounding will be contingent upon having TIF funds. The guarantee is only on the upfront amount of $130,000. Alderman Colosimo commented that the agreement is not as specific as he hoped and if there is a lack of funds, the City is burying the lines for the developer. Alderman Frieders said he “agreed and disagreed”. He further stated that the east side of the street is Page 1 of 3 also in need of improvements and he sees value in taking that risk. Mr. Colosimo said burying the lines on the east side is to the City's advantage. He said there are 2 issues with the west side: 1) the lines are being buried for the developers and 2) the front end expense is guaranteed, but the rest is not. Administrator Olson said the City can always say no to the entire project. While there is not much money in the TIF at this time, he projected that in 5-10 years money will be generated to pay for these improvements. Alderman Koch asked if there is a mechanism in place for recapture possibilities if another person bought the property to the west. There would not be recapture according to Mr. Olson, however, it could possibly be negotiated with that property owner. While the City has committed to the study, it has not begun yet and it may or may not be started at the end of the year. Com Ed has said they are busy with the Rt. 47 project at this time. This will move forward to the regular Council agenda for further discussion. 4. EDC 2013-29 Midland Bank – Special Use for Bank with Drive-Through Facilities Ms. Barksdale-Noble provided the background for this item. The existing structure is at 38 W. Countryside Parkway and needs drive-in lanes as part of the bank remodeling. The ordinance requires any bank in the B-2 district to have a special use for the drive through lanes (3 are being requested). Mr. Ken Spaeth of Midland State Bank said the bank will offer full service. Attorney Kelly Kramer added that this particular property suited their needs and is not located on the main highways, but rather on frontage roads. She said that banks locating on the main roads had been an issue in the past. Possible stormwater issues were questioned by Alderman Frieders, however, there is an existing detention area. All committee members were OK with this request and it will move forward to the Council agenda. 5. EDC 2013-30 1100 McHugh Road – Annexation and Zoning Ms. Barksdale-Noble said this petition is for a single lot that is located in the County, but is adjacent to the City on 2 sides. The petitioner is asking for R-4 zoning, but has no specific plan at this time. The lot is just under an acre and would allow for 8 dwelling units as multi-family. She said the trend in this th area is for multi-family. This request will go to Plan Commission on August 14. Density is an issue said Alderman Colosimo and there is an abundance of unoccupied multi-family already. He objected to having dense zoning backing up to the single-family homes in an existing area. He said he will be interested to hear the Plan Commission's opinion. Chairman Koch asked if all nearby residents have been notified (they have). He then asked what the benefits are with no plan in place. It would expand the City's tax base and utilities could be expanded in this area. Alderman Frieders said the corner is a blind spot for traffic and asked if some of the brush could be cleared. To help remedy this problem, the City would ask for an easement in that area and have property maintenance standards. Mr. Colosimo said there are a total of 10 single family homes in this area and he believes the other owners would not approve of a forced annexation of all the homes. He would like to hear comments from the surrounding property owners. Page 2 of 3 The petitioner, Mr. Occhipinti said he currently rents out this home and he is trying to remove the current tenant as the property is in total disrepair. th This request will go to Plan Commission on August 14. No further action at this time. 6. PC 2013-11 Raintree Village Subdivision – Annexation and PUD Agreement Amendment Mr. Olson said the actual agreement was added after this item was before the Council. The only remaining item is the EOPC (Engineer's Estimate of Probable Construction Costs). He said there is a small gap between the SSA funds and the EOPC. Nick Isaacson was present on behalf of Raintree and said there would not be a gap. Alderman Colosimo said he is OK with this amendment, however, he wants the gap to be zero and wants it covered by SSA funds rather than tax dollars. He said this was discussed with the Raintree HOA. The rest of the committee agreed with Mr. Colosimo. th A vote will be taken on August 13. 7. CC 2013-53 Ad Hoc Downtown Business Information Committee Alderman Teeling had originally suggested the ad hoc committee. Alderman Frieders said this should be extended beyond the downtown since many businesses are being affected by the Rt. 47 project. It was noted at this time, that the phone wires were cut during the past weekend at Parfection Park south of town. For the record, Mr. Olson noted that the proper utility must be called for these situations. Mr. Colosimo said he does not think it is the city's job to post agendas etc. He said that is the reason the YEDC and Chamber exist and a committee would be redundant. However, he did state that the City should support such a group. Mr. Koch agreed with this opinion and asked what generated this idea and who is involved. Mr. Olson said this item was brought forward as a result of the East Hydraulic closure and subsequent effect on the businesses there. Alderman Koch added that the Van Emmon closing has also exacerbated this. Businesses are now receiving updates from IDOT when the City receives them according to Krysti Noble. Information is also being put on the website immediately and emergency phone numbers will be included on the website as well. Mr. Olson said he is OK with notifying the individual businesses such as on E. Hydraulic. Mr. Frieders asked if the southside businesses are aware that they can be included on the IDOT emails and Ms. Noble will research this. Alderman Frieders noted that people are still attending downtown events in spite of the closures. Alderman Koch added that there previously was an organization for the downtown, however, some people have left. Old Business: None Additional Business: None There was no further business and the meeting was adjourned at 7:42pm. Minutes respectfully submitted by Marlys Young Page 3 of 3