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Economic Development Minutes 2011 03-07-11 APPROVED 6/7/11 UNITED CITY OF YORKVILLE ECONOMIC DEVELOPMENT COMMITTEE Monday, March 7, 2011, 6:30pm City Conference Room In Attendance: Committee Members Chairman Gary Golinski Alderman Rose Spears Alderman Wally Werderich Other City Officials City Administrator Bart Olson Community Development Director Krysti Barksdale-Noble Building Code Official Paul Zabel Other Guests Tony Scott, Kendall County Record Lynn Dubajic, YEDC The meeting was called to order by Chairman Gary Golinski at 6:30pm and he welcomed all attendees. Minutes for Correction/Approval December 7, 2010 The minutes were approved as read. Items Recommended by Plan Commission for Approval: None New Business 1. EDC 2011-01 Downtown Merchants Association Discussion Chairman Golinski said there is a group of downtown merchants who wish to revive the Merchants Association and they have held two meetings. He asked that this be tabled until next month to allow the merchants to be notified of the EDC meetings. 2. EDC 2011-06 Building Permit Report for November and December 2010 and January 2011 There was no discussion 3. EDC 2011-07 Building Inspection Report Summary for November & December 2010 and January 2011 No discussion 4. EDC 2011-04 Foreclosure Update – 2010 Summary 5. EDC 2011-08 Foreclosure Update for January and February 2011 Ms. Barksdale-Noble said there were peaks and valley in the 2010 foreclosures and 2011 is starting the same. She said the inventory is beginning to level off. It was noted there 1 about 400 bank-owned properties in the City at this time. The committee had a brief discussion about current conditions and possible future requirements for home-buying. It was noted that there are currently 6600 rental units in Yorkville with about 740 of those in some state of foreclosure or bank-owned, etc. 6. EDC 2011-05 Grainco FS – TIF Assistance Application Chairman Golinski and Lynn Dubajic asked for advance notification to this committee whenever TIF Applications are received. Ms. Olson said there are no development plans at this time for the property, however, he would bring these matters forward in the future. It was reported that Grainco wants to demolish buildings for marketability of the property. Attorney Orr has spoken with Grainco and they requested money upfront. However, a development plan must be present and there is no front-funding. Ms. Dubajic asked if there is a list of eligible reimbursement costs. Ms. Barksdale-Noble will forward an available list to her. Grainco has agreed to re-develop the site by December 31, 2014. Chairman Golinski summarized that this piece of property could be very instrumental in kick-starting the downtown. 7. EDC 2011-09 Proposed Developer/Petitioner Deposit Account Form Ms. Barksdale-Noble developed a standardized petitioner account form. This was in response to previous issues related to tracking developer petitions and deposit accounts. The form would advise petitioners of the process and require a sign-off holding the individual financially responsible. She requested feedback from the committee and they agreed this was a good tool. The Attorney and Finance Director have reviewed this. 8. EDC 2011-10 Ordinance Regarding Fee Schedule for Zoning Applications/Petitions Currently, City fees are found in various parts of the City Code. The zoning-related fees will not change, but will be placed in one spot. Any changes would be in amendment nd form. This will move to the March 22 City Council meeting. Old Business 1. EDC 2010-23 Telecommunications Tower Fees nd This is a draft ordinance for tower fees and will be moved to the March 22 Council meeting. Chairman Golinski noted an article that said cell towers might become obsolete and be replaced by smaller antennas mounted on light poles. Additional Business There was no further business and the meeting was adjourned at 6:54pm. Minutes respectfully submitted by Marlys Young 2