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Joint Board of Review Downtown II TIF 2023 11-28-23APPROVED 11/26/24 Page 1 of 2 ANNUAL JOINT REVIEW BOARD UNITED CITY OF YORKVILLE, KENDALL COUNTY, ILLINOIS DOWNTOWN II REDEVELOPMENT PROJECT AREA Tuesday, November 28, 2023 3:40pm City Hall Conference Room 651 Prairie Pointe Drive, Yorkville, IL 60560 1. Call the Meeting to Order The meeting was called to order at 3:57pm by Attorney Kathleen Field Orr. 2. Roll Call The roll was called by Ms. Orr in the first of 3 consecutive meetings. United City of Yorkville, Finance Director Rob Fredrickson Kendall County, Christina Burns Kendall Township, Cathy Scalise, Steve Grebner-Township Clerk Yorkville School District #115, Mr. Kreg Wesley, Director of Finance Waubonsee Community College, 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 3. Motion to Elect or Re-elect a Public Member In the first of 3 consecutive meetings, Ms. Orr stated no one would be elected. 4. Motion to Elect or Re-elect a Chairperson Mr. Fredrickson was elected Chairperson in the first of three consecutive meetings. 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 Downtown II Redevelopment Project Area Mr. Fredrickson said this TIF was created in 2018 and will be in effect until 2041. He summarized the TIF activity as follows: FY balance was -($6,600), $97,000 received in tax increments and expenditures $3,400. This TIF has a positive Fund Balance of $87,577. Also included in the report is an itemized list of expenses incurred. He said Page 2 of 2 two of the projects are a development agreement with KCJ Restoration and also the old jail. Compliance and audited documents are also included in the report. Ms. Dubajic Kellogg reported on another project in this TIF which is the Farm Bureau building. Plans for the building have been put on hold due to interest rates. 7. Questions, Comments from the Board Mr. Grebner inquired if the scope of this TIF included a plan to improve egress across Rt. 47. Ms. Orr said any infrastructure is TIF-eligible and Ms. Barksdale Noble said there are discussions about egress under Rt. 47 by the river. 8. Discussion, Deliberation and Recommendations None 9. Public Comment None 10. Adjournment On a motion and second by Mr. Grebner and second by Ms. Orth, the meeting was adjourned at 4:03pm. Respectfully transcribed by Marlys Young, Minute Taker