Joint Review Board Minutes Countryside 2018 12-11-18 Page 1 of 2
APPROVED 11/12/19
ANNUAL JOINT REVIEW BOARD
UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS
US RTE 34 & IL RTE 47 COUNTRYSIDE REDEVELOPMENT PROJECT AREA
Tuesday, December 11, 2018 3:00pm
City Hall Conference Room
800 Game Farm Rd., Yorkville, IL
Call Meeting to Order
The meeting was called to order at 3:00pm by City Attorney Kathleen Orr and she
explained the order of the meeting.
Roll Call
Attorney Orr took roll call as follows:
Kendall County
Scott Koeppel
United City of Yorkville
City Administrator Bart Olson
Waubonsee Community College District #516
Sarah Orth
Bristol-Kendall Fire Protection District
James Bateman
Tom Lindblom
Kendall Township
no representative
Yorkville School District #115
no representative
Others Present:
City Attorney, Kathleen Orr
City of Yorkville, City Administrator Bart Olson
City of Yorkville, Assistant City Administrator Erin Willrett
City of Yorkville, Finance Director Rob Fredrickson
City of Yorkville, Community Development Director Krysti Barksdale-Noble
Page 2 of 2
Motion to Elect or Re-elect Public Member
Ms. Orr called for a motion to elect a Public Member. So moved by Tom Lindblom and
seconded by Bart Olson to elect James Bateman as Public Member. Unanimous voice
vote approval.
Motion to Elect or Re-elect Chairperson
A motion was made by Mr. Bateman and seconded by Mr. Koeppel to re-elect Mr. Olson
as Chairperson. Mr. Olson then assumed chairing the meeting.
Minutes for Approval
The minutes from last year's meeting on December 12, 2017 were approved on a
unanimous voice vote following a motion by Mr. Lindblom and second by Mr. Koeppel.
Review of Annual Report for the US Rt. 34 & Il Rt. 47 Countryside Redevelopment
Project Area
Mr. Fredrickson highlighted the financial report figures on page 5 and commented briefly
on other aspects of the report. He said the hotel in this TIF area is still under construction
and expected to open in the latter half of 2019. Mr. Lindblom and Mr. Koeppel, moved
and seconded respectively, to approve this report and it was adopted unanimously by
voice vote.
Questions, Comments from the Board
None
Discussion, Deliberation and Recommendation
Mr. Olson said the TIF agreement demands completion and operation of the hotel by the
end of 2019 and at that time $700,000 would be given to the hotel. Property taxes
generated by the hotel and banquet facility are expected to exceed the bond payments as
of 2021. Debt service will be paid down and it is expected to close early or on term. A
couple other smaller commercial buildings with tenants are scheduled to be built in this
area.
There was no further business and the meeting was declared adjourned by Mr. Olson at
3:11pm.
Respectfully transcribed by
Marlys Young, Minute Taker