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Joint Board of Review Countryside 2023 11-28-23APPROVED 11/26/24 Page 1 of 2 ANNUAL JOINT REVIEW BOARD UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS US RTE 34 & IL RTE 47 COUNTRYSIDE REDEVELOPMENT PROJECT AREA Tuesday, November 28, 2023 3:30pm City Hall Conference Room 651 Prairie Pointe Drive, Yorkville, IL 60560 1. Call Meeting to Order The meeting was called to order at 3:30pm by Attorney Kathleen Field Orr and she explained the procedure for this meeting. 2. Roll Call Ms. Orr took roll call as follows: United City of Yorkville, Finance Director Rob Fredrickson Bristol Township, no representative present Kendall County, Christina Burns Yorkville School District #115, Director of Finance Mr. Kreg Wesley Waubonsee Community College District #516, Sarah Orth Bristol-Kendall Fire Protection District, no representative present Others Present: City Attorney Kathleen Field Orr Assistant City Administrator, City of Yorkville, Erin Willrett Community Development Director, City of Yorkville, Krysti Barksdale-Noble Economic Development Director Lynn Dubajic Kellogg Kendall Township, Cathy Scalise Kendall County Township Clerk, Steven Grebner 3. Motion to Elect or Re-elect Public Member Ms. Orr stated no one would be elected. 4. Motion to Elect or Re-elect Chairperson Ms. Burns nominated Rob Fredrickson and Ms. Orth seconded, followed by a unanimous voice vote. 5. Minutes for Approval No action was taken on the November 22, 2022 minutes. One returning public participant was absent last year and the remainder of the public participants were not on the Board then. 6. Review of Annual Report for the US Rt. 34 & Il Rt. 47 Countryside Redevelopment Project Area Mr. Fredrickson provided a summary of the activities for this property. He said the TIF began FY 2023 with a (-$1.18) million deficit fund balance, property tax of $232,000 was Page 2 of 2 received, expenses of $224,000 and a small surplus of $7,700. He said the report includes an itemized breakdown of the expenditures and he noted other documents pertaining to this TIF. The 2 projects undertaken were Kendall Crossing and Holiday Inn Express. Ms. Dubajic Kellogg described the activities and new businesses in the projects. Station One Smokehouse should open December or January. The other business is Holiday Inn Express. The owner changed his original plans from a banquet hall to a 4-story building including a banquet hall, restaurant and hotel rooms. 7. Questions, Comments from the Board Ms. Orth asked when this TIF would be doneā€”it will be done in 2028 and cannot be done sooner. Ms. Orr explained that when these bonds were issued, they were issued on a proposed development concept, however, that method ended during the recession of 2006-2008 and the bonds must still be repaid and will be paid by the city. 8. Discussion, Deliberation and Recommendation None 9. Public Comment None 10. Adjournment This meeting ended at 3:41pm on a motion by Mr. Wesley and second by Ms. Burns. Unanimous voice vote approval. Respectfully transcribed by Marlys Young, Minute Taker