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EDC Minutes 1998 02-17-98 CITY OF YORKVILLE ECONOMIC DEVELOPMENT COMMITTEE FEBRUARY 17, 1998 Members present: Tom Sowinski Jeff Spang Art Prochaska Kathy Jones Richard Sticka Others present: Jim Nanninga Chairwoman Kathy Jones called the meeting to order at 7:00 PM. January Building Report The new format of the building report was reviewed. Comprehensive Plan Revisions Mr. Prochaska expressed his concern of the tables and charts made based upon the poplation of zoning. When the density changed, some of the numbers and projections changed but it is not reflected. Lannert originally did the projections and will be contacted to add a disclaimer and update. Setback Requirements for Commercial Mr. Nanninga passed out a memo concerning parking in required front yard setbacks for commercial developments. The question came up with the proposed Eagle foods project. He asked how far into the setbacks can parking be built. The current ordinance pertaining to commercial property was reviewed. He presented language to be added stating, "parking will be allowed within the required front yard setback(s) in business districts, except B -2, beyond a 20 ft. setback from front property line(s)." The median widths were also discussed. He recommended the last sentence of 10 -11 -3D be removed concerning drive way widths. The effect this would have on three car garages and the driveways were discussed. Dan Kramer will be asked to draft the new language. This will be further reviewed next month. Re- development Standards Mr. Nanninga presented a map showing areas to enhance the redevelopment of older buildings and older areas. Ms. Erdmann researched and found some information concerning preservation programs and tax breaks. Mr. Prochaska discussed enterprise zones and TIFs. Various rebates of taxes and other incentives were discussed. The areas (commercial and residential) that could be effected were defined on the map. Development Update Edmeier There is a title search on the ComEd easement being done to determine what is owned. The placement of the sewer to Van Emmon was discussed. Fox Hill The intersection #1 & #2 (Diehl Farm Rd. & Sycamore) and IDOT was discussed. The Sycamore intersection plans would include the underground wiring for traffic signals. IDOT has approved the project of both intersections. Letters of credit from Paul Dresden for that work are needed. EDC 2/17/98 Sunflower Estates Inland is waiting for commitments from the local builders. They will not break ground and build any infrastructure until there are commitments of lots being sold. Additional Business Eagle / Road Monev Rebate Ms. Jones said Mayor Johnson told her of his conversation with George Frye, the Eagle Foods developer. He was addressing the rebate of the costs for the road issue with intersection and light which would cost approximately $500,000. Inland will bring the city standard utilities to the development. They are asking for a rebate of future sales tax on the 10 acre complex. It would include the grocery store, the strip shopping and an out lot. They are estimating it would take 7 years to recoup the money. There was discussion on the length of time to allow the rebate. Inland would build a 3 lane, 39 ft. wide road the distance of their property, a turn lane, intersection and light. Inland will bring in water and sewer. There was discussion of offering a percentage rebate. Mr. Nanninga explained the details and cost of the road plan. The proposed road would be from the property line of the grocery store down to McHugh Road with 28 ft. with no curbs or storm structure and would be easy to upgrade. There may be money available from the state to defer some costs. Dan Kramer will be asked to draft a development agreement. The committee was in agreement to look at a rebate of the full cost of the road to the end of the developed property. Inland will be giving the full right -of -way. The consensus was to rebate the sales tax for 5 years and then go 50% until the costs are recovered. Miller Annexation The annexation of the Babe Miller property on Game Farm Road has not been signed yet. Mr. Miller will be given to April 2 to sign the annexation or his water will be shut off on April 3. Home Pape There was discussion on the proposed city Home Page presented last month. The ownership requirements, legalities, design, fees and other aspects were discussed. Ms. Jones stated the web page designer should funnel e-mail correspondence to the city. Mr. Sticka will be contact other towns to review their web page contracts. Ms. Erdmann will be asked for input. Mr. Kramer will be asked to review this proposal and possibly draw up a contract for services. Hardware Store Closinq The hardware store downtown will be going out of business at the end of April. The owners are retiring and moving out of state. Ms. Erdmann will be asked to contact the owners of the business and the Masons who own the building. Adjournment The meeting adjourned at 9:33 PM. Submitted by, Sheryl Washburn Recording Secretary I 2 i