EDC Minutes 2008 04-03-08 APPROVED 06/05/08
United City of Yorkville
800 Game Farm Road
Yorkville, Illinois 60560
ECONOMIC DEVELOPMENT COMMITTEE MEETING
Thursday, April 3, 2008
7:00 PM
City Hall Conference Room
In Attendance:
Committee Members:
Alderman Gary Golinski
Alderman Marty Munns
Alderman Joe Besco
Other Citv Officials:
Community Development Director Travis Miller
City Manager Brendan McLaughlin
Other Guests:
Tom Rayburn
Tony Graff
Michal Krause
Peter Raphael
Tim Winter
Lynn Dubajic
Meeting Called To Order:
Called to order at 7:10 by Gary Golinski
Presentation:
None
Minutes for Correction /Approval: March 6, 2008
Minutes were approved with no amendments made.
New Business:
1. EDC 2008 -13
Monthly Building Permit Report for February 2008
Travis Miller noted that there were two in the packet, one for February and for March and
that they were down. He noted that they updated the projections and there would be
monthly changes and the information would be available on line. They were expecting
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three hundred ninety -three residential permits for 2008 based on what they had seen in
the first quarter.
2. EDC 2008 -14
Monthly Plan Commission Report for March 2008
Travis Miller noted the report was in the packet and it was informational. The packet
included zoning ordinance and a staff report.
3. PC 2008 -04
Yorkville Town Center - Raycorp PUD Amendment and
Rezoning Request
Travis Miller said that the packet included a staff report as well as a red line agreement.
He said the petitioner was here to discuss the outstanding issues and he is here with some
information on the outstanding issues.
Miller noted that the economical text is still a critical part of the agreement. He noted that
the colored version in the packet was highlighted by stars which represented changes.
Mr. Tony Graff presented the concept plan and noted that they are planning on building
two connections between 47 and 71. Mr. Graff said he spoke with Stephanie and she
suggested using some of the water features to enhance the property and the unique
characteristics.
Mr. Graff said they were looking at an economic incentive of about a 130 thousand
square feet and did some sales projects on the sales tax revenue the City would receive.
They put in the agreement of an economic incentive agreement of 2.4 million. There will
be about 12 million dollars in cost for the build out on the project. He said they were
working with staff on improvements.
Mr. Graff said that there was some discussion with IDot regarding the drainage way. He
said he spoke with Don Hayes with the Army Core of Engineers to modify a permit. He
said there was .333 of a wet land of jurisdiction was on the permit.
They're also looking at getting in permanent signage in two places on 47 and 71. Also
looking at a larger permanent masonry monument on the main entrance on 31 said Mr.
Miller. Miller noted that there was a city code for lighting and they were going to
incorporate that in the signage as well. There was some concern over light pollution and
Jason Pettit was worried about the light disturbing the wildlife. He said that he wanted to
limit signage.
Mr. Tom Rayburn request this would go the May 13 City Council Meeting. Alderman
Golinski asked the committee and it was unanimously agreed it would go to the City
Council Meeting on May 13
4. EDC 2008 -15
MPI - Second Bond Issuance for Grande Reserve 'Central
Portion' and Refinancing 2004 Bonds
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Travis Miller noted that Attorney Orr had review both bond issues and refinancing
requests and she agreed we move forward on the both.
Guest Speaker, Peter Raphael stated that they did the first bond issues for the southern
portion, Mr. Raphael refers to map. He noted that it was approved as all one deal and that
they went back and they are now asking for the northern portion. He stated that they
asked for a bond issue that benefited offsite improvements. They are looking to refinance
that bond issue which is very similar to the original structure and they are refinancing for
the purpose of helping financial aspects of the deal and it should be fairly straight
forward.
Alderman Gary Golinski said he didn't see a problem with it. Mr. Miller stated that they
would move this to City Council to be determined. Alderman Gary Golinski when it
comes back to put it on consent agenda.
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5. PC 2008 -02
Special Use Zoning Ordinance Amendment for Financial
Institutions and Drive through Facilities
Travis Miller said that a recommendation was made and that went to plan commission
and then it went to a public hearing. The public hearing was last month and a plan
commission recommended approval on text changes. It would require financial
institutions such as banks and free standing banks to adhere to the special use zoning
ordinance. The second part of this Mr. Miller noted that it also required drive thru
facilities such as banks and restaurants to adhere to the same zoning ordinance.
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Mr. Miller said this was ready to go to the next City Council Meeting and consent
agreement for the 8th
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Old Business:
1. EDC 2008 -12
Economic Incentive Policy - Discussion
Mr. Travis Miller stated that there has been a request to polish off this policy and in turn
attract more businesses to Yorkville. Alderman Besco said that we were lacking in
Industrial manufacturing. He wants to see more incentives go to manufacturing. Guest
speaker, Lynn Dubajic stated that one of things they talked about was removing the
names of the industrial parks because where ever there would be industrial parkways is
where this would be in place.
Ms. Dubajic stated that there were not many changes made in the policy.
Alderman Joe Besco noted also that road improvements would help the community as
well. He however doesn't recommend using the tax payer's money to do so because the
businesses will eventually come and we should take Lynn's expertise advise.
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Ms. Dubajic stated that they are defining the guidelines for the developers and bringing in
retailers that would be regional in planning. Retailers that are regional would be stores
that aren't found in every city such as Costco or Sam's Club.
Alderman Gary Golinski said it would come back for next months meeting.
2. EDC 2007 -38
Sign Ordinance - Update
Travis Miller stated there was no new information on the ordinance and it would come
back on May 1St
3. EDC 2007 -50
Integrated Transportation Plan - Request for Proposals
Mr. Miller said that the City asked for funding for four hundred thousand dollars in a j
grant that they received from IDot back in 2004. They found out from IDot that the
money was still there.
Mr. Miller said that they would be hiring a consultant to perform services. Mr. Miller said
listed in the packet was the list of services. He noted that this is in two components. The
purpose of the grant is inter -motal transportation. It is an integrated transportation plan
and there is a focus on multi use trails and multi use trail systems. He said it was broken
down into two parts. All the City Trails and the Down Town City trials. Mr. Miller said
that the final product will be a set of standards for the amenities that would be in the
downtown area and trail systems to a higher level of development. He said that we would
take this to the developers to give them guidelines. It would help take us through the
public development process with commercial development and even with the trail
systems.
Mr. Miller said that they should be finalizing this by next spring.
Additional Business:
None
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Adjournment:
Meeting was adjourned at 8:25 pm
Minutes Respectfully Submitted by:
Jamie Cheatham
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