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EDC Minutes 2005 07-21-05 f Page 1 of 3 APPROVED 8/18/05 ECONOMIC DEVELOPMENT COMMITTEE Thursday, July 21,2005 7:00 pm City Hall Conference Room Present: Mayor Art Prochaska (arrived at 7:10) Shane Flynn, Yorkville Farms Alderman Marty Munns, Chairman David Knott, Yorkville Farms Alderman Joe Besco Phil Stuepfert, SEC Planning Alderman Jason Leslie David Schultz, SEC City Attorney John Wyeth Lisa Welz, Kendall County Record City Administrator, Tony Graff (arrived at 7:30) Jim Ratos, Parkway Bart Olson (arrived at 7:50) John Duggan, Lincoln Prairie Brian Watkins, Peaceful Pathways Montessori Jim Olguin, Yorkville Farms Betty Bennett, Corneils Rd. Patrick Hughes, Ocean Atlantic Gary Bennett, Corneils Rd. Dan Kramer, Attorney Kim Kaskel, Comp. Plan Revision Lynn Dubajic, Yorkville Economic Roberta Konicek, Comp. Plan Revision Development Corporation Howard Rosenwinkel, Comp. Plan RevisionAladdin Nassar, Woodlands, Inc. The meeting was called to order at 7:00 pm by Chairman Munns. 1. Approval/Correction of Minutes: 1/20/05, 4/21/05, 5/19/05, and 6/16/05 — The minutes for 4/21/05 have Alderman Munns name misspelled. The minutes were approved with the notation that Alderman Leslie was not in attendance at any of the meetings, Alderman Besco was not in attendance 1/20/05, and 4/21/05, and Alderman Munns was not in attendance 1/20/05. 2. PC 2005 -28 Woodlands, Inc. - Annexation and Zoning — This is a 4 1 /2 acre parcel on Rt. 34 200 yards East of Rt. 47 that is currently zoned Agricultural, and would like to be zones B3 Commercial, and annex into the city. This will move on to COW. 3. PC 2005 -29 YBSD — Annexation and Zoning — This is for water treatment, it is west of the creek. This will move on to COW. 4. PC 2005 -22 Prestwick of Yorkville — Preliminary Plan — The size of the Park site has been made smaller at the request of the Park Board. Some of the lots were removed, and there was a minor change in the configuration of the roads. It meets all the standards of zoning with no variances. There was some discussion about the way the intersections lined up. They will be changed to line up as a 4 way intersection. This will move on to COW. 5. PC 2005 -25 Westbury Village POD 6 — Final Plat — This will comply with the Preliminary Plat. It will move on to COW. 6. PC 2005 -31 Peaceful Pathways Montessori —1 1 / Mile Review — They will agree to the annexation agreement so long as it allows the Montessori School to operate. This will move on to COW. Paize 2 of 3 7. PC 2005 -30 Ocean Atlantic — Rosenwinkel Property — Annexation and Zoning — This is a 128 acre parcel South of Corneils Rd., goes South to the Yorkville Business Park, and continues West to Beecher Rd. They would like to change the zoning from M1 to R4 with not any requests for apartments. It will be single family homes for 48% of the property, 30% of the property will be for open space, and a place for Town homes on the South and West. This will have to go through the requirements for PUD. This will comply with all the requests for Park dedication and will be contingent that the city adopt the Northwest Comprehensive Plan. There would be an amendment for an annexation agreement and the property would be bound by the annexation agreement and would go through the PUD process. This will move on to COW. 8. Fox Hill Economic Incentive Agreement — This is a commercial center that the IDS department of IDOT in Springfield has required an excessive deceleration lane out to Fox Hill using a material called BAM. Since this is an off site improvement, they are requesting the city to agree to a sales tax reimbursement program of % of the sales tax generated on this property for 12 years or $83,000. There was some discussion about the length of time, and 10 years after the first occupancy would be agreeable. This will move on to COW. 9. PC 2005 -04 Lincoln Prairie Yorkville — Special Use Request — This is for an Asphalt Plant. A study was done and the nuisance level for the odors of the asphalt would be 40 parts per billion. 8 parts per billion would be any detectable smell. With the velocity of the wind being less than 5 knots (which would happen less than 1 % of the time) 4.3 parts per billion will be detected 100 yards away, which is the closest proposed building to the plant. There was already a Public Hearing for this. This will move on to COW. 10. Northwest Comprehensive Plan Map Amendment — There will be a Public Hearing for this on August 10 This will limit Industrial Development in this area to what is currently there, with no room for expansion. Right now there is a proposed residential area over an existing Asphalt Plant. Mayor Prochaska is worried this Comprehensive Plan, the way it is proposed, will create a problem for an existing business. There will be some Open space, or recreational areas around the existing plants (which include Aurora Blacktop, Kendall County Concrete, and Feltes Sand and Gravel plant). This will move on to COW, then there will be a Public Hearing on August 10 11. Population Projection and Residential Development Key — This is updated monthly, with a population update every 6 months, and it is passed out to the city's partners, such as the School District, the Fire Protection District, the County, the Forest Preserve District, IDOT, Economic Development, the Chaimber of Commerce, the Metro Study, and others. It is based on current developments, and possible developments that have had some kind of discussion with the city. If no other developments were allowed to build the city's population would be at 38,000. With developments that have not yet annexed into the city the population would be at 62,000. Page 3 of 3 12. Proposal for Cost of Doing Feasibility Study for Downtown Redevelopment TIF District Process (Downtown Business Area) — A resolution of intent has been passed. This will cost up to $40,000 which is not budgeted and can be recaptured through the TIF, but the city will have to fund this up front with Fund Balance dollars. This is based on a redevelopment plan the city will adopt for the TIF project. The city will drive the project to be able to have more control over it. Some of the property owners are willing to front fund some of the project. We will not know if any of this will qualify for the TIF district until the study is completed. This will move on to COW. 13. Discussion of Future Incentive Programs to Attract Commercial/Industrial Business to Yorkville — The city will be more willing to create an incentive program if the business will create jobs for local residents and if that business would be willing to use other Yorkville businesses for services and to build the building. The bigger business rewards would be a bigger investment with the city, but the % of return would be smaller that with a smaller development. This city document with the Industrial program would mirror what the county does, and Commercial developments would be under a separate program. The city can change the points for industrial, targeted industry, or regional businesses. There would be a credit if the business would use Yorkville contractors and workers and if they would partner with other local businesses for services. Points will be awarded for the total number of jobs created, the type of industry, the investment in the community, and the potential sales revenues. Public improvements will be considered. How will the development enhance future development around it. The city would like to make things favorable for a company that could choose to move, but would stay in Yorkville and expand. This would be a Non - Transferable 3 year abatement program of 75 %, 50 %, 25% of sales tax. A very large project could be 50% of sales tax for 5 years. 14. Additional Business — None. The meeting was adjourned at 9:00 pm. Minutes submitted by Laura Leppert. PLEASE SIGN IN, MEETING:��� 1 DATE:. cQ v NAME BUSINESS PHONE # I � '��c�FuL P� i N w ►AYS ��4�v'��'7�1 —"III � ITRIA� Wlkly Ws 1M ONZ� SC> 1 1 (4 -41_H gehhet� �r e. /s k4301 PI A,vL It h 7o 7- l oo-3 I �t�(c ii2l (�nSei�W(lt�l� &30 -5. �`7 4- SF, Q / #in- e;•1 - � - r 3 -3y7� r U � r- - PKY�AAI' 2 6a~ OPS Al i.. L-1. No's) N fU - 7 l 0q IP r -� R05 3. 66