Joint Review Board Minutes Downtown TIF 2018 12-11-18
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APPROVED 11/12/19
ANNUAL JOINT REVIEW BOARD
UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS
DOWNTOWN REDEVELOPMENT PROJECT AREA
Tuesday, December 11, 2018 3:05pm
City Hall Conference Room
800 Game Farm Rd., Yorkville, IL
Call Meeting to Order
The meeting was called to order at 3:12pm by City Administrator Bart Olson.
Roll Call
Roll call was taken in the immediately preceding meeting.
Present:
Kendall County, Scott Koeppel
City of Yorkville, Bart Olson
Waubonsee Community College, Sarah Orth
Bristol Kendall Fire Protection District, James Bateman
Bristol Kendall Fire Protection District, Tom Lindblom
Absent:
Kendall Township representative
Yorkville School District #115 representative
Others Present:
City Attorney, Kathleen Orr
City of Yorkville, Assistant City Administrator Erin Willrett
City of Yorkville, Finance Director Rob Fredrickson
City of Yorkville, Community Development Director Krysti Barksdale-Noble
Motion to Elect or Re-elect Public Member
Member James Bateman was chosen as Public Member in the immediately preceding
meeting.
Motion to Elect or Re-elect Chairperson
Bart Olson was re-elected as Chairman in immediately preceding meeting.
Minutes for Approval
The minutes from the December 12, 2017 meeting were approved on a unanimous voice
vote following a motion by Mr. Lindblom and second by Mr. Koeppel.
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Review of Annual Report for the Downtown Redevelopment Project (Area #1)
Mr. Fredrickson highlighted the Fund activity from the annual report and commented
briefly on the primary project expenses which included the Van Emmon property
purchase and also soil remediation near Riverfront Park. Mr. Koeppel and Ms. Orth
moved and seconded respectively, to approve this report. Approved on unanimous voice
vote.
(Below items discussed simultaneously)
Questions, Comments from the Board
Discussion, Deliberation and Recommendation
Mr. Olson presented a map with the boundaries of TIF #1 and Downtown TIF #2 (just
created). He said the first inducement resolution will be considered at the Council
meeting this evening. He said Imperial Investments is interested in purchasing the Farm
Bureau property just east of the Law Office property and is working on Brownfield soil
remediation grants.
Mr. Olson said property owned by Imperial Investments in TIF #1, is slated for 75
homes, however, no request has been made for TIF incentives for that project. Mr.
Lindblom noted that BKFD opposes the project due to only one entry/exit for the
subdivision. Ms. Noble said a secondary access is being considered.
Mr. Koeppel asked if there is a plan for the bank building. There are currently no plans
and a building master plan study is going out for RFP. This TIF ends in 2029 and the
City will possibly request an extension.
Adjournment
There was no further business and Mr. Olson adjourned the meeting at 3:20pm.
Respectfully transcribed by
Marlys Young, Minute Taker