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Joint Review Board Downtown TIF 2020 11-24-20 Page 1 of 2 APPROVED 11/23/21 ANNUAL JOINT REVIEW BOARD UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS DOWNTOWN REDEVELOPMENT PROJECT AREA Tuesday, November 24, 2020 3:05pm City Hall Council Chambers 800 Game Farm Rd., Yorkville, IL 60560 NOTE: In accordance with Public Act 101-0640 and Gubernatorial Disaster Proclamation issued by Governor Pritzker pursuant to the powers vested in the Governor under the Illinois Emergency Management Agency Act, the United City of Yorkville is encouraging social distancing by allowing remote attendance for the Joint Review Board meetings, due to the current pandemic. 1. Call the Meeting to Order The meeting was called to order at 3:12pm by Chairman/City Administrator Bart Olson. (All of the below attendees were by remote means, except Bart Olson who was in-person) 2. Roll Call The following facts were agreed to by Board members prior to this meeting being called to order: they would consider that roll call had already been taken in the previous meeting, School District #115 and Kendall Township reps were not in attendance, the same Public Member would remain and Bart Olson would be the Chairperson. City of Yorkville, Bart Olson Kendall County, Matt Asselmeier Kendall Township, no representative Yorkville School District #115, no representative Waubonsee Community College, Sarah Orth Bristol Kendall Fire Protection District, James Bateman, Tom Lindblom Others Present: City Attorney, Kathleen Orr City of Yorkville, Finance Director Rob Fredrickson City of Yorkville, Community Development Director Krysti Barksdale-Noble 3. Motion to Elect or Re-elect a Public Member Public Member Krysti Barksdale-Noble was selected in the immediately preceding meeting. 4. Motion to Elect or Re-elect a Chairperson Bart Olson was re-elected as Chairman in the preceding meeting. Page 2 of 2 5. Minutes for Approval Mr. Olson entertained a motion to approve the previous meeting minutes of November 12, 2019. So moved by BKFD representatives and seconded by Ms. Orth. Approved on a unanimous roll call vote: Bateman-yes, Orth-yes, Olson-yes, Asselmeier-yes. Carried 4-0. 6. Review of Annual Report for the Downtown Redevelopment Project Area Mr. Fredrickson referred to the summary and revenue figures in the report. He also reviewed the various projects within this area including the Rt. 47 project and Van Emmon building acquisition and said some parcels were removed for a new TIF. 7. Questions, Comments from the Board None 8. Discussion, Deliberation and Recommendations Mr. Olson provided an update on this TIF #1 which is set to expire in 2029. He said discussions have been held to extend this TIF, however, the project has stalled due to the pandemic. He does not anticipate any other TIF agreements, though a couple other developers have acquired property in the last year. Mr. Asselmeier asked if the Crusade Burger Bar is in this TIF and if funds can be used to assist those businesses due to the pandemic. Mr. Olson said there is already a deficit in the downtown TIF's and Ms. Orr replied that TIF funds cannot be used for that purpose, only for capital improvements to increase the tax base. 9. Public Comment None 10. Adjournment There was no further business and Mr. Olson entertained a motion for adjournment (no motion/second was heard on the recording). Roll call vote: Asselmeier-yes, Olson-yes, Orth- yes, Bateman-yes, Noble-yes. Carried 5-0. Adjourned at 3:21pm. Respectfully transcribed by Marlys Young, Minute Taker