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Joint Review Board Downtown TIF #2 2019 11-12-19 Page 1 of 2 APPROVED 11/24/20 ANNUAL JOINT REVIEW BOARD UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS DOWNTOWN II REDEVELOPMENT PROJECT AREA #2 Tuesday, November 12, 2019 3:10pm City Hall Conference Room 800 Game Farm Rd., Yorkville, IL Call Meeting to Order The meeting was called to order at 3:16pm by Chairman/City Administrator Bart Olson. Roll Call Mr. Olson called the roll and established a quorum as follows: United City of Yorkville, Chairman/City Administrator Bart Olson-yes Kendall County, no representative Kendall Township, no representative Yorkville Community School Dist. #115, Lisa Banovetz-yes Waubonsee Junior College #516, Sara Orth-yes Bristol-Kendall Fire Protection District, James Bateman-yes Others Present: City Attorney Kathleen Orr City of Yorkville Assistant City Administrator Erin Willrett City of Yorkville Community Development Director Krysti Barksdale-Noble BKFD, Tom Lindblom Motion to Elect or Re-Elect a Public Member Tom Lindblom was elected Public Member in the previous meeting and will remain. Motion to Elect or Re-Elect a Chairperson Bart Olson was elected Chairperson in the previous meeting and will remain. Minutes for Approval Mr. Bateman questioned Ms. Burd being shown in the last meeting minutes as a Public Member who needed to live in the area of the TIF. Mr. Olson said the minutes were from the meeting prior to the ordinance creating the TIF district. Before the TIF is created, there must be someone on the Board who lives in the district. Ms. Orr added that since there were more than 75 units in the TIF, a housing report was needed, triggering the need for a resident of the district. It is the exception to the rule, she said. She said at the annual meeting, there are no votes, just reporting. Mr. Olson then entertained a motion to approve the February 13, 2018 minutes. So moved by Ms. Orth and seconded by Ms. Banovetz. Approved by unanimous voice vote. Page 2 of 2 Review of Annual Report for the Downtown II Redevelopment Project Area Mr. Fredrickson reported the TIF was created in FY 2019 with a beginning Fund Balance of zero. He also reported the expenditures. Ms. Orr added that the old jail is located in TIF #2. Questions, Comments from the Board None Discussion, Deliberation and Recommendation Mr. Olson said the old jail has an incentive agreement and he gave some details of the project. There are a couple inducement resolutions in place as well and he noted Kendallwood Estates may be removed from the TIF. The proposed facade program is in both TIF's. This TIF is 23 years and ends in 2042. Ms. Banovetz asked if it could close early if profitable, to which Mr. Olson replied it is possible. Public Comment None Adjournment There was no further business and the meeting adjourned at 3:26pm on a motion by Ms. Banovetz and second by Mr. Bateman. Unanimous voice vote approval. Respectfully transcribed by Marlys Young, Minute Taker