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EDC Minutes 1999 04-20-99 UNITED CITY OF YORKVILLE Economic Development Committee Minutes Date of Meeting: April 20, 1999 Time Convened: 6:42 PM Location: 111 W. Fox Street Time Adj ourned: 8:18 PM Attendees: Rich Sticka Tom Sowinski Art Prochaska Dick Faltz Jim Nanninga Valerie Burd � New Av-reement on Fox Hill & 50% Sales Tax: This will not be retroactive and will go to Dick Faltz only. The agreement was only completed 2 hours ago and his attorney will review tonight and answer by Friday. There needs to be commercial and they would like to remove the Whereas relating to the discussion of Park. Wants this part taken out. The other builder in Fox Hill has the same option if (and only if) he develops commercial. This should go to the next COW on May 6th. Jim will check with Kramer regarding the need for a public hearing for a fee change. Copies of the change will be distributed to City Council. Review minutes of Park Board meeting regarding agreement for Park Swap. Facade Prov-ram: The boundary is to be Main Street to Mill, Van Emmon to Hydraulic (both sides). Kramer has been requested to draft an Ordinance or Resolution for "pilot Program Area" terminology. This should not be called Facade program; it should be Pilot Program. Review in 12 months. It is recommended to have a five member board, and word should get out for volunteers. February Buildinv- Report: Take this to next COW Economic Development Committee Meeting - 4/20/99 Additional Business: Edmeier: Prochaska explained the latest request. Phase I only at this point. Will build sewer. Prepaid fees (instead of $800,000.) $200,000. The other $600,000. will come later as Phase 2 starts. Need deadline Nanninga to check with YBSD. Get Public hearing going. Put in a start time or this will revert back to the original PUD. The start should be when he submits the "Project Bonds" for public sewer improvements. Should be within 2 weeks of passage or it reverts back to original PUD. Plano Boundary Agreement: Prochaska is to talk to Sue Nesson. Do not want any provision that Plano can delay improvements for their southwest corner. Nanninga is to contact Don Falls at The Department of Commerce and Community Affairs regarding grants since Eldamain Road is our boundary "City Limits ". Per the agreement in progress, we will improve Eldamain within our City limits as a City of Yorkville road according to our development standards when, and only when Yorkville needs the road improved. We would not restrict Plano from developing the road for property on the west side of Eldamain. Adjourned Minutes by Jim Nanninga Transcribed by Sandy Marker I