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Roosevelt Road/Taft Avenue Hotel Sites Ad Hoc Work Group

Regular Meeting

Glen Ellyn, IL · June 13, 2022

AgendaPacketMinutes

Minutes

Minutes Village of Glen Ellyn Roosevelt Road/Taft Avenue Hotel Site Ad Hoc Work Group Thursday, June 13, 2022 7:00 PM Glen Ellyn Police Department Community Room 65 S. Park Blvd., Glen Ellyn, IL 60137 A. Call to Order President Senak called the meeting to order at 7:05 pm. B. Roll Call The following Ad Hoc Work Group members were present. President Senak Trustee Payne Donna Kemp Kevin McGrane Marty Durkin Norris Eber Vik Mehta Nick Nelson Clara Hughes Renie Atchison Katie Kreller Rachna Thakkar Dr. Emily Tammaru Rev. James Shannon Mark Pfefferman Village Staff noted in attendance, Village Manager Mark Franz, Assistant Village Manager Emily Rodman, Economic Development Coordinator Meredith Hannah, Police Chief Philip Norton and Village Attorney Greg Mathews. C. Approval of Minutes Member Shannon noted he was left off Roll Call for both meetings. Member Hughes made the motion to approve the minutes of both April 6, 2022 and May 5, 2022, with the addition of Rev. Shannon in attendance at both meetings. Member Durkin seconded the motion and the approved minutes passed. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 2 D. Audience Participation President Senak asked for audience participation after each presentation. E. Presentations Regarding Potential Commercial Options for the Property 1. CJ McCann: Real Estate Broker, resident of GE. Real estate developer and investor. A couple ideas for the site. First retail: maintain commercial and retail. Restaurant vs retail: restaurant is more plausible. Lack of frontage on Roosevelt Road, reduces retail opportunity. Lacks size and scalability of true retail. Will impact rent per sq ft. Restaurant makes a lot of sense. Community likes restaurant. Restaurants are truly thriving as a market. 10-20k sq ft dining opportunity, i.e. Cooper’s Hawk & Maggiano’s. Village would need to court and pitch a suiter. Second, Multi-family, housing, mixed use development: Townhouses: not a viable solution, 2.2-acre site only allow 8-10 units per acre, doesn’t provide the pricing that would need to be met. Not the highest and best use. Mixed-use development: would be the best use of the space with an anchor restaurant and micro-unit apartments. Studios and 1-bedroom apartments, with high end finishes and higher end amenities. Create a semi-inclusive environment. Does not put the stress on the schools. Would accomplish something with significant demand. Greater tax revenue source. Provide the community with restaurant and housing. Virtually zero negative impact on schools. President Senak asked for comments and questions from the Work Group members. Member Rev. Shannon asked if affordable housing is an opportunity on the site. McCann explained the concept checks some of the boxes, not all. Units are smaller than average affordable housing opportunities. Have not explored density, Member McGrane noted the housing product fits affordable because they are small but would still be luxury. Limited children. Do you see young professionals living here? McCann answered yes, and empty nesters. Naperville has some college students living in the similar units. Member McGrane asked about the anchor restaurant that could locate here. Do you need a certain number of units to entice a restaurant? McCann answered no not here specifically, it would be a value add. Not essential. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 3 Member McGrane asked depending on housing units, would entrance/exit just be on Roosevelt or Taft? How would it park? McCann answered he thought they would still utilize Exmore a little bit. Parking could be underground or podium parking. Member McGrane asked if there was a minimum number of units for a developer to proceed? McCann answered not precisely but developers will want more rather than less. Depending on cost and making the project economical. Member Thakkar commented she had no additional questions. Member Kemp asked would it be affordable housing for seniors? McCann answered it would differ from other communities. While it would be affordable, it would not be section 8. Member Durkin asked would restaurant face Roosevelt? McCann answered the bigger the better. Maybe two stories, facing Roosevelt. Maybe a balcony overlooking the park. Exposure to Roosevelt for sure. Member Durkin asked where would the residential be? Off Roosevelt? McCann answered on top and both ways on Exmore. 4-5 stories, podium parking to maximize the number of units. Studios 400 sq ft. Member Durkin asked how many units can go on 2.2 acres? McCann answered 100 units would be the goal. Ogden project in Naperville has 120 units on 2 acres. Would need to come in under 100 with restaurant. Member Durkin asked what the cost per square foot for the micro-apartments with high end finishes. McCann answered north of $200/sq. ft. Member Norris asked if McCann’s interactions with other brokers, led him to this concept or how are the other brokers looking? McCann answered concepts are driven from specifically looking at this parcel, and 80% of the site is off Roosevelt, that changes the dynamics for the site compared to other Roosevelt Road sites. Member Norris commented that if the Roosevelt Road side of the site is retail, some other commercial uses could face Taft rather than housing. Service businesses, self- storage could work on Taft providing alternate retail. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 4 McCann answered other solutions can work but won’t create the same tax revenue to have alternate retail. Member Norris noted if micro apartments are affordable, then taxes would be less. Not actually affordable. McCann stated when affordable can be based on price per square foot it checks those boxes. Member Norris asked but there are alternative uses for Taft. McCann answered yes. Member Nelson asked what McCann thinks of residential at this site with the neighbors on Roosevelt Rd. McCann answered that he hasn’t done a market study. Compared to the Naperville project, generally would be shocked if it wasn’t a demanded asset. Access to 355, commuter convenience. There is an overwhelming need for inventory like this. Member Nelson asked what type of turnover do you see in this type of building? McCann answered typically a 12-month lease, average turnover is 2-3 years. Member Nelson asked about the concept for one cornerstone commercial – could two fit? McCann answered it’s possible, but one big, beautiful restaurant is the vision. Member Nelson asked if McCann encountered any demand for childcare facility? McCann answered the site would make good sense for childcare facility on the Taft side. It is on the short list of viable options. Member Nelson asked if a developer was given a mandate to provide a certain amount of affordable housing on different type of measurement, would that deter the developer? McCann stated no, not to a developer. There may be other push back. Member Atchison stated this is not affordable housing, it’s small housing. What are the rents? McCann replied for a 433 sq ft unit, rents would be in the $1,200-1,400. Member Atchison asked if there is a demand for these units? McCann noted both Naperville and North Aurora were fully leased upon completion. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 5 Member Atchison stated so it’s not really affordable housing like we’ve been discussing. Member Shannon asked does it make a difference on financing? McCann stated yes. Member Atchison noted it’s important to note that they are professionals. If you have supportive, work force housing, it will not detract from any commercial or developer. Things have changed and these properties are upscale and are really nice. Like high end assisted living. She noted she likes one big restaurant with the concept. McCann said the concept checks a lot of boxes; we’ll never check all the boxes. Member Hughes questioned McCann’s reference to high quality tenants with high end income. Do you think that those tenants paying less income would not have disposable income? McCann replied no. Member Hughes asked if the micro-apartments could be a lower rate. McCann replied no, not for a developer who is for profit. Member Hughes stated you are speaking for for-profit developers not those that are subsidized. McCann stated this wouldn’t be on the luxury spectrum but on the higher end. Member Hughes about the size and storage for the micro-apartment units. McCann stated the apartments could be a mix of 400 sq ft studio and 600 sq ft one- bedroom. They would have storage and in-unit washer/dryers. Member Hughes asked about if Naperville micro-apartments would take vouchers and McCann stated they are still in for approvals. Member Pfefferman asked if larger apartment units would work at the site. McCann stated that in his opinion, it’s more challenging to get the same price points as town center. Upside to being close to Roosevelt Rd and 355. There is value on commuter size. If they can afford more, they are more likely to choose an Apex apartment over Roosevelt Rd. Member McGrane asked if there are any of these properties that have been around for a while. There is concern, the hotel was nice at one point, how do we protect it in aging. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 6 McCann shared protecting a development project in 20-30 years is dependent on outside factors, ownership groups determine investment on-going. As a whole there is a reason they are invested in they are looked at as 30-40 year investment. Asset is very safe if it is maintained. Member Shannon thanked McCann for putting the responsibility on property owners not tenants. Trustee Payne said his questions were already raised and discussed. President Senak noted that in the concept McCann shared, the restaurant would be facing Roosevelt Road and apartments would be on Taft. Manager Franz noted that there is significant infrastructure under Exmore Avenue so an easement will be needed in any development on the site. President Senak asked if sections of the site could be segmented off. McCann said yes. President Senak asked what the Village could do to incentivize development at this site. McCann indicated a decisive decision-making process. He does not see a large need for financial incentives unless trying to reduce rates for rents. President Senak asked how the zoning helps or hinders the development. McCann answered it doesn’t hurt it. any project will need to go through the zoning process for approvals. Member Norris stated your presentation seems to be 25% commercial and 75% residential. McCann said yes, it is, for the highest and best use this is what I think can work. There are no exact best uses. An argument could be made for any use. Member Atchison asked if McCann had any developers express interest in the property. McCann stated his group is interested. His firm approached the previous owners in 2018, but they have not approached the Village since the Village purchased the site. President Senak asked for comments and questions from the public. Priscilla Katchera: we need to decide affordable or another word to market the site. Bob Loro: have you considered higher buildings? McCann answered yes, the higher the better. Assistant Village Manager stated the R4 Zoning has a 35 ft. height limit; any higher request would need a variance. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 7 Member of the Audience asked if the micro use be better for downtown by metra? McCann replied, not sure it would be better or worse, but downtown is not the purpose of this meeting. Chuck Chejfec asked McCann if he contacted the Village about pursuing the property for developing the site. McCann replied that he had spoken to the village about the site generally but have not pursued the site personally at this time. Chejfec interjected that he believed that to not be true and asked to read an email into the record. President Senak declined that request and told him he would take the letter and look into the matter. Member Nelson commented that he spoke to McCann about this site months ago long before the work group was created and he finds Mr. McCann to be an upstanding and ethical individual. 2. Rick Massa: Real Estate Broker with American Realty Advisors. Presentation on commercial developments, selling real estate and ground up developments. Open for questions about development. Massa commented that McCann’s presentation and the market analysis were spot on. The community and the Village may set parameters but there are a lot of market conditions that will drive the uses for the site. Affordable and senior housing work for the site. Retail works, medical office is a good use for the site. Storage units could be use, doesn’t have to be industrial looking. Roosevelt Road lends itself to a single retail use whether it’s a restaurant or retail. Two sites, village could look at ways to vacate utilities, could make the site more attractive. From a developer standpoint, look at for long term viability. Housing has a lot of amenities with grocery and the park. Challenge is Roosevelt Road isn’t overall pedestrian friendly. Would be a drawback for a developer. Office and larger box retail are very challenging today, probably won’t find a developer for that. Residential on the Taft side could work. President Senak asked what types of trends are you seeing in development world. Massa commented that a lot of retail are to e-commerce, even pre-pandemic so that is not going away. Large box retail not happening, restaurants are a good option. Office is not an option unless you have a tenant in tow. Industrial is a hot trend, this is not an industrial site. Could be shallow bay industrial, smaller industrial with office. Self-storage is very attractive to developers. Housing, work-force housing, his group is currently working on raising capital for work-force housing projects. Any affordable housing would need financial assistance. Member Hughes asked if developers are interested in affordable housing. Massa commented no developer is nonprofit. They will get grants to make their return. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 8 Member Hughes asked does your organization provide financing for non-profit developers. Massa responded no. Member Hughes stated so you are not familiar with this? Massa stated his firm does do affordable housing projects. Member Shannon noted in Illinois, TIF can reduce the cost of developing, this is in a TIF, would you take advantage of that? Massa responded that any affordable development the Village can expect to contribute a sizable incentive. Member Nelson asked about demand for childcare on Taft. Massa responded that it is a large site for single childcare facility, could be feasible. Childcare don’t pay high rent, so they would need incentive. Member Nelson asked if medical office could work here. Massa commented yes, that could potentially work on the entire site, more so on the back side. Maybe traditional building with medical tenants. Member Atchison commented that the hotels were for sale for 8 years, up to $4M, the Village bought them for $2.8M, what’s your professional opinion on why they didn’t sell before? Massa responded that a lot of it was marketing, don’t know how it was marketed. Finding someone to market it for you and hustle. Member Atchison asked could we list and sell it for our money’s worth? Massa stated that it is hard to answer. As a resident we wonder why it won’t sell. It takes time to make the economics work and make a profit. I think making a better marketing plan to demolish the buildings. Member Atchison asked if the Village should demolish the buildings and if that would make the site more attractive to a developer. Massa commented that yes, with the passage of time the buildings will continue to deteriorate. They’re not salvage and will have to be demolished. Member Atchison asked if the Village should invest another million and demolish the buildings. Massa replied that he would, it makes the site more attractive to a developer and diminishes the Village’s risk with the buildings. Accelerates the redevelopment process. Member Atchison asked, if we don’t take them down and keep them on the market, will we have diminished our opportunity to make the money back. Massa commented maybe. It depends on the ultimate use. Member Norris asked that as a developer, if there is 1.5 acres, is this really quality residential living or should we be looking at commercial on Taft. Massa commented commercial, alternative commercial is viable. Member Norris further asked is this site really prime residential? Massa commented it’s not perfect, but Taft is better than Roosevelt Road. Across from the park gives it appeal and the amenities help. But some of the other uses limit the developer appeal. It couldn’t work on Roosevelt Road but could work here. Affordable, senior, maybe. Less concerned about Taft. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 9 President Senak asked for Massa’s opinion on whether the Village should put up a for sale sign or wait and do an RFP process. Massa commented that those are the two most viable options. It can take a long time for the Village to go through the RFP process. Finding a good broker who will work hard for the Village and market the site for what is allowed and what the community will support may provide more results. President Senak asked how long should we give a broker to sell the site? Massa commented that’s a hard question to answer. Any of these sites take a long time to sell. If you have a broker packaged and ready to go. At least 12 months. Trustee Payne asked if we have an in between for an RFP, do we have to decide on one or the other for developer? Massa commented that it doesn’t need to be exclusive. You could go down mutual paths. The RFPs you’re not getting the greatest marketability for the site. Dual path could work. Member Norris stated between an RFQ/RFP’s, RFQ’s less commitment and risk for the developer. Only 2.2 acres makes it a challenge too, not enough meat. Massa responded yes, it’s a small site. But RFP or RFQ, hitting the most developers as possible. May see developers who don’t want to waste time. President Senak asked what can the Village do to incentivize a developer? Massa stated making the site as marketable as possible does make it easier. Look at demolishing the site and examining utilities and how they could be relocated or easement. Having a clear and concise message as to what would be permitted and approved. Here’s what’s allowed by zoning and here is the process for zoning changes. Member Kemp asked what is allowed in the zoning? Manager Franz commented that multi-use would need a PUD, the Village would negotiate with the developer to make the project feasible. Member Kemp continued, so if there is restaurant and beer garden and then to the left community center? Massa commented sure that could be an option, retail is a lot easier than community center. Member Kemp clarified she was thinking of a privately owned community center, like Carol Stream’s, Kids Strong. Massa commented that the question would be how a developer makes money on the parcel. It may be difficult to find a developer to do both. Member Durkin commented, I’m hearing, demolish the buildings and keep an open mind. Massa said yes, provide some guidance of what will be allowed. Too many strings attached the site loses its attractiveness and becomes harder to find a developer. President Senak asked for comments and questions from the public. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 10 Kim Reedy asked where are you working on workforce housing. Massa commented that is firm is partnering with someone for a larger community. Ryan Dodd commented that he heard it costs $1M for full demolition? Is there a different cost? Manager Franz shared that there has been a preliminary assessment, to raise the entire site. Resident asked about the possibility of another motel being built and bringing the same challenges? Someone commented a hotel could be an option, but a lot of it has to do with the ownership to continue to make investments in the property, then you should not have those problems. Member Nelson asked what the marketability of hotels/motels in the suburbs? Massa commented he has out of town guests stay at Crowne Plaza. This site doesn’t have visibility. But he can’t specifically speak to that option. F. Discussion of Vehicular & Pedestrian Traffic Near the Property (Police Chief Phil Norton) Chief Phil Norton shared the recent traffic study. Noted that traffic is all relative to the use and a full traffic study would need to be conducted looking at specific uses. A traffic study would have professional traffic engineers evaluate the use and traffic relative to the site. There was a spike in 2019 in accidents from previous years. Accident rates across our community and across the nation increased during COVID. Roosevelt Road has 33,000 vehicles per day and Park Boulevard has 7,800 vehicles per day. Chief Norton then shared the following five year accident study for various intersections near the site: Roosevelt Road / Exmore Avenue - 6 Incidents total 2017 (0) 2018 (0) 2019 (0) 2020 (1) 1 PDO Incident 2021 (5) 2 PDO Incidents, 2 Personal Injury Incidents, 1 Hit & Run Taft Avenue / Exmore Avenue - 0 Incidents total 2017 (0) 2018 (0) 2019 (0) 2020 (0) 2021 (0) Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 11 Taft Avenue / Park Boulevard - 20 Incidents total 2017 (3) 3 PDO Incidents 2018 (0) 2019 (4) 2 Unknown Incidents, 1 Private Property Incident, 1 Extraction 2020 (3) 3 PDO Incidents 2021 (10) 8 PDO Incidents, 2 Personal Injury Incidents Roosevelt Road / Park Boulevard - 107 Incidents total 2017 (7) 5 PDO Incidents, 2 Personal Injury Incidents 2018 (8) 7 PDO Incidents, 1 Hit & Run 2019 (24) 7 PDO Incidents, 3 Hit & Run, 1 Private Property Incident, 2 Personal Injury Incidents, 3 Unknown Injury Incidents, 8 Unknown Incidents 2020 (31) 17 PDO Incidents, 3 Delayed Hit & Run Incidents, 1 Unknown Incident, 4 Personal Injury Incidents, 2 Private Property Incidents, 1 Hit & Run PDO, 1 Unknown Injury Incident 2021 (27) 19 PDO Incidents, 5 Personal Injury Incidents, 2 Unknown Injury Incidents, 1 Minor Injury Incident Chief Norton noted there is nothing inherently dangerous about the site. Taft is safer than Roosevelt based on general traffic. Lambert and Taft was a multi-year project to reduce incidents. Major accidents are along RR at traffic lights. Crime at the hotel was basically generated by domestic incidents and then drugs. Member Shannon asked why cars coming out of Taft onto Park allowed to make a left turn. Chief Norton responded that depending on usage of the site, may determine whether left turns would be prohibited. Trustee Payne asked if we have a facility on the northside of the site that we’d like to leverage the park, could an on demand crossing signage could that help? Chief Norton responded that it could cause accidents, because it interrupts the known traffic patterns. On demand would be better than a stop sign mid block because it is not stopping all traffic just as needed. Member Norris asked if we put residential on Taft and speed limit is 35 mph. Should speed limit be reduced to 25? Restrict 40 footers? Chief Norton responded that all traffic laws exist to reduce or eliminate traffic crashes. It depends on type of residential. Will need to evaluate traffic flow and then decide. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 12 Member Atchison asked if we have affordable housing, including a mix of workforce, supportive, seniors, etc. Do you see this site as being dangerous? Not traffic that doesn’t seem to be an issue. How do you see it? A negative? Chief Norton responded it’s dependent on what the development looks like. Inherently it’s not a dangerous site for that but are there better areas for this in Glen Ellyn, yes. Depends on the design of the site for safety. Member Nelson asked do you have an idea of an over dense use on this site? Chief Norton responded no; it will depend on the usage. Housing with folks who can’t drive, could increase density, lower density if more cars. Member McGrane commented that on both Roosevelt Road and Park Boulevard there are people traveling from lots of directions. Also inquired about why the Village allows panhandling. Chief Norton responded that panhandling is allowed under freedom of speech. Trustee Payne commented that there is a degree of affordable housing across the village. What do the crime numbers look like for existing housing? Chief Norton responded that it comes down to density. Single family housing fundamentally has less calls. 400 Main St, statistics will show that more calls because it’s denser. A lot of the frequency are not necessarily high crime, usually calls are for noise, loud music complaints. We were always at the hotel, but it was the most transient community. President Senak recognized Terra Costa Howard in the meeting and opened the floor to questions from the public for Chief Norton. Member of the public commented that a neighbor was hit and killed nearby about 8 years ago. Was there a pedestrian hit on Tuesday during the day? Chief Norton said he didn’t believe so. G. Discussion of Design Charette Process and Schedule (Valerie Kretchmer, Consultant) Valerie Krechmer explained the process for the charrette. The meeting will be held on June 22 at 7 pm at Glen Crest Middle School with approximately 30 people. There will be a short presentation and then break out to groups to work with different uses cut to sizes to layout different uses on the site. Designs will be recorded and shared with the public. Member McGrane asked if all trustees are invited. Manager Franz answered yes, all have been invited and one has a conflict. Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 13 Member Norris asked how will groups be determined? Seems there will be conflicts. Kretchmer commented that the groups will be chosen at random, and the consultants will outline the parameters for the groups. President Senak opened the floor to questions from the public. Julie Evans asked how the information from the charrette will be shared. Kretchmer explained that the consultants will record all the information gathered from the groups and that the concepts will be shared on-line for comments as well as shared with the plan commission and Village Board. Kim Reed asked if the Ad Hoc Work Group is done with their job after the charrette? President Senak responded that there will be one more meeting with the Ad Hoc group to share their opinions. Trustee Payne added that they will be asking the Ad Hoc members to write up their opinions after the process is over. A member of the public asked what the cost of the process to quantify the output of the charrette. President Senak said the Board will consider the proposals after the charrette and that financial assessments will be done before any decisions are made on moving forward. H. Presentation Regarding Affordable Housing (John Day) John Day, a resident of Glen Ellyn and has 25 years’ experience in affordable housing. He contacted President Senak and offered to share some information. Mr. Day shared a brief presentation on housing. Member Nelson commented that the numbers shared in the presentation didn’t seem to reflect correct tax impact. What do you think an appropriate level of affordable housing for Glen Ellyn would be? Day responded that it depends on the parameters, what is the need? Member McGrane noted whatever decisions the Village makes; stipulations need to be made to maintain the housing type for long-term. Day concurred stating they could make stipulations so long as you are not breaking any fair housing statutes. Member Norris commented that in ten years it’s a tax credit, it’s very marketable to flip, true? How many times can it be sold in ten years? Sell the entity and the tax credit continues on. Day concurred that a new tax basis starts with each sale. I. Audience Participation Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 14 Karen Daley, vice president for the League of Women Voters have held our affordable housing position since 1984. We advocate for increasing affordable housing in Glen Ellyn. Mixed use provides housing and commercial options. Holding these meetings are commendable. Pete Ladesic, thank you John for the definitions. There are a lot of definitions being used for housing and clarifying those and providing those on the website. (it was noted that the definitions are available on the website) The property is zoned commercial and we should use this for the highest and best use for the site so we don’t take away core retail. Asked for more civil discord with these discussions. Supports demolishing the site soon to prepare the site for redevelopment and for safety. David Firchau, heard a lot about housing this evening rather than commercial. Has heard from a lot of people over the years that this site has been cited for residential low income housing for years. Chick-fil-A, swimming pool and day care could all work on this site or Northwestern Medicine. Would like to see improvements in Panfish Park. Ryan Dodd is interested in micro-apartments and their financial sustainability. Joel Spenadel provided a written statement, a resident of Mary Knoll. His son with Downs Syndrome has benefitted from the many services offered through the Glen Ellyn community. He could benefit from housing assistance. Limited charitable assistance housing programs available in DuPage County. Donna Jean Simone lives in Raintree and a small business owner. Her concern is we are not taking into account the young professionals who can’t afford to live in our community. Average income for recent college graduates is $43,000 annually. The report shared at the beginning of this work that we didn’t have residents in this age range. An opportunity for all who want to live and contribute in Glen Ellyn. Mark Wilson could be medical office all along Taft. You are limited by who you can rent to. Commercial office building could bring in more tax dollars. Traffic would be challenging for a restaurant. We don’t need affordable housing, we’ve done our part with 14% affordable housing. Does not support affordable housing. Patrick VanTiem concerned about traffic issues and real estate revenue issues that affect D89. It is a Glen Ellyn issue, but it is a southside issue. Consider the US Bank site for affordable housing. From 2013-2021, taxes went up $1,600; 87% of that is D89. D89 wants to issue new bonds, so our taxes could go down but won’t go down as much if the referendum is passed. Park District has a referendum for park Roosevelt Road/Taft Avenue Ad Hoc Work Group June 13, 2022 Minutes Page 15 improvements. Being asked to give more and more money. I’m not discounting anyone’s needs, but Glen Ellyn is above the target for affordable housing. Look at the highest and best use for the tax payers of Glen Ellyn, and the southside. Keith Lavin looking at where he can retire, and it won’t be in Glen Ellyn. Commend everyone who is participating on the committee. Village seems to pack in development. He and is neighbors feel like a decision has already been made for the site. Carlos Chivardi there are a lot of neighbors are interested in this site. It is not that affordable housing isn’t needed but is this the right place to have affordable housing. Appreciate hearing from commercial developers, listening to all concerns. What can we do to spark growth across the area, the commercial corridor? If it is going to be rezoned to residential, a cost benefit analysis should be done. Not the right site for affordable housing. 2012-2018, students grew 17%, then 2018-now students grew only 3%. Proportionately 23% of students are low income in D89 today. Should not keep stressing schools by overcrowding schools. Property taxes from commercial properties would benefit the community here at this site rather than residential. Should be focused on best commercial properties. Michael Chung, a resident for the past 6 years with his young family. Supportive of affordable housing, but not in this location. Cited the many comments presented already. Cost is too high and not the right location. The Board should listen to the residents in the area. Affordable housing is needed in the community, not in this location. J. Other Business One more meeting for discussion among the work group. Date to be announced. K. Adjourn Member Durkin motioned to adjourn; Member Norris seconded. Meeting adjourned at 11:12 pm.

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Page 1 of 18 Page 2 of 18 Minutes Village of Glen Ellyn Roosevelt Road/Taft Avenue Hotel Site Ad Hoc Work Group Wednesday, April 6, 2022 7:00 PM Glen Ellyn Police Department Community Room 65 S. Park Blvd., Glen Ellyn, IL 60137 A. Call to Order President Senak called the meeting to order at 7:05 pm. B. Roll Call Upon roll call by Village Manager Franz, the following Ad Hoc Work Group members responded “present”. President Senak Trustee Payne Donna Kemp Kevin McGrane Norris Eber Vik Mehta Marty Durkin Nick Nelson Clara Hughes Renie Atchison Katie Kreller Rachna Thakkar Dr. Emily Tammaru C. Ad Hoc Work Group Introduction The members of Work Group introduced themselves. D. Open Meetings Act (OMA)/Freedom of Information Act (FOIA) Training Assistant Village Manager Rodman provided an overview of the Open Meetings Act and Freedom of Information Act. E. Audience Participation President Senak explained purpose of the meeting. Assistant Village Manager Rodman provided an overview of the site and the public engagement process. Page 3 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group April 6, 2022 Minutes Page 2 A Work Group member asked why there was an option to post comments anonymously on the Social Pinpoint application. President Senak stated he won’t give as much weight to anonymous comments. Trustee Payne stated he believes people should be required to state their name. The Work Group discussed whether they support an option for anonymous comments and whether addresses should also be required. Village Attorney Mathews reminded the group that the Village cannot require those making public comment to provide their address. The consensus of the Work Group was that they did not support anonymous comments. The Work Group asked about the timeline for the affordable housing consultant study that was recently approved by the Village Board. Village Manager Franz responded the study is anticipated to be completed in approximately six months. The findings will inform future policy decisions by the Village Board. Public Comment Joyce Hothan spoke in support of affordable housing as the best option for the site. She stated that the 10% requirement of the Illinois Fair Housing Act is a floor not a ceiling. She asserted that there is currently a lack of diversity of housing, a lack of affordable housing and an overall lack of supply of housing options. Julie Evans spoke in support of the need for housing for developmentally disabled adults. She stated they need affordable housing because many of them don’t earn a living wage, don’t drive and need lifelong daily living support. She reiterated the need for affordable, accessible, and supportive housing. Keith Lavin stated there are too many existing safety issues at the corner of Park and Taft and housing will further contribute to this problem. He noted that classroom sizes in School District #89 are already too large. Mr. Lavin stressed the need for the Village to establish a quota for affordable housing in all new developments. He also noted that the Comprehensive Plan designates the property for commercial uses. Tom Turek spoke in support of 55+ (senior housing) development that is affordable to this age demographic. David Firchau stated he wasn’t interested in affordable housing on this site. He asked what the hurry was to move forward with redevelopment. He suggested a swimming pool or some other amenity should be developed to serve residents south of Roosevelt Road. Sarah Allen spoke in support of affordable housing. She stated it is essential to the well-being of individuals and communities. She noted the property has value beyond commercial uses. Ms. Allen suggested mixed use as an option and stressed the importance of providing good quality affordable housing for existing residents. Page 4 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group April 6, 2022 Minutes Page 3 Jason Loebach stated that he is currently involved in work to support inclusion services for marginalized people. He shared that he has a 6-year-old with Down Syndrome and wants his son to have the ability to grow and stay in Glen Ellyn. Lynn Bruno stated that she believes it’s important everyone view Glen Ellyn as one community, She asserted the north versus south rhetoric only serves to divide the community. Ms. Bruno noted that when a community takes care of each other’s children through the school system, we all benefit. She stated that Village needs housing for its workforce. She requested the Village not give TIF dollars for any type of development on the site. Kelly North stated she was concerned about affordable housing. She asked why the Village paid $2.85 million for the property if it was appraised at $2.1 million? She inquired about the current and project tax revenue? She stressed the need to develop the site to support tax revenue generation. Ms. North stated that it appears to her the Village bought the property to build affordable housing and is now trying to justify this approach. She suggested the Village should take a vote of the entire community to decide what to do with the property. Brian Milnamow introduced himself as the moderator for the south Glen Ellyn resident Facebook group. Shared that he had numerous conversations with neighbors and based on those conversations he is against using the space for affordable housing. Property taxes in Glen Ellyn are too high in comparison to other DuPage County communities with median home values over $300,00, Glen Ellyn pays the highest percentage of property taxes. Higher than Wheaton, Clarendon Hills, Elmhurst, Oakbrook, Downers Grover and Burr Ridge. They are able to keep them low due to the abundance of commercial tax revenue that we do not have. Of the communities mentioned, only Downers Grove has a higher percentage of affordable housing than Glen Ellyn. Downers Grove pays 2% less in property taxes. The schools are incredibly important to our community. The schools are also why we agreed to pass a referendum to increase our school taxes. As a result of the referendum south Glen Ellyn residents pay more in taxes. The school that a housing development at this site would feed into is already the highest most diverse school with over 25% of the students are eligible to receive assistance. Adding affordable housing here will negatively impact our schools, test scores, and therefore impact the home values and therefore tax dollars into the schools. We should do all we can to optimize our existing affordable housing stock versus just adding more. Rechna Chandhori shared some information she collected, stating there are currently nine developments underway in Glen Ellyn, including 376 units of new housing. She explained that new development affects existing development. She asked about the total housing capacity of Glen Ellyn and questioned the Village’s ability to support additional housing. She noted there is an uneven balance of Page 5 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group April 6, 2022 Minutes Page 4 housing development which is continuing to increase school populations to a greater extent in District #89 (Parkview) vs. District #41 (Ben Franklin). Jamie Martin stated that anything built on the site will be better than the hotels were. She stated she has an autistic son who is 18. She explained that 80% of autistic kids are unemployed or underemployed. Ms. Martin noted the site is good option for supportive housing for developmentally disabled adults. Corey Meyers asserted there are not as many park district facilities in south Glen Ellyn as there are north of Roosevelt Road. He suggested an indoor recreational facility for sports, ball fields, etc. would be a welcome use for the site. Lauren Avanteen stated she heard there were four developments that were turned away by the Village and inquired as to why they were not supported by the Village. Village Manager Franz responded that the property has been on and off the market for a number of years. He further explained that he is unaware of any developments being brought forward to the Village or being turned down by the Village. Manager Franz responded that annual property taxes prior to the Village purchasing the property was $60,000. He noted that when redeveloped, the revenue stream will be higher. A member of the audience requested the Village provide an explanation of Tax Increment Financing (TIF). At the conclusion of Public Comment, President Senak asked the Work Group members to share their comments regarding redevelopment of the site. Discussion Member Durkin stated the Village needs to consider vehicle/pedestrian access to the site and pedestrian and vehicular safety. He discussed the need for people to have access to employment. He encouraged the completion of a traffic study to evaluate any proposed development. He noted the need for the Village to consider the return on investment when redeveloping the property and to consider the need to maintain an appropriate revenue base. Member Eber stated that he is a former shopping center developer. He noted that Taft Ave is used as an alternate to Roosevelt Road. He does not believe the site is convenient or safe for residential uses. He stated this is a challenging site because its irregular in shape and not appealing for commercial development. Mr. Eber stated that he ran a pro forma for the site and doesn’t believe the Village get a return on investment if its developed commercially. He reiterated the need to consider the impact to traffic on Taft Avenue. Member Thakkar shared her concerns about the safety of pedestrian/bikers. She stated she was not sure if the site is developed with affordable housing that it’s Page 6 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group April 6, 2022 Minutes Page 5 going to provide the best quality of life for the residents. She stated she believes the Village needs data to determine best use for the site. Member Nelson stated he believes redeveloping the site with housing is counterintuitive because of the surrounding uses. He noted that he feels there are two Glen Ellyn’s, with two Glen Ellyn school districts and higher taxes in south Glen Ellyn. He wants South Glen Ellyn schools to thrive, not suffer. He believes that if affordable housing is built on the site it will be an “island” and be out of place on Roosevelt Road. Member Tammaru (Superintendent of School District #89) stated that she is present to provide factual information about D89. She noted that the School District did change its boundaries years ago. She explained the District previously passed a referendum to support operating expenses and committed to not asking for additional funding for 10 years. She explained that based on the average home price in D89 of $427,000, residents will see a decrease in taxes of $239 due to some bonds expiring this spring. Dr. Tammaru stated that D89 enrollment has increased 12% while state-wide enrollment is down 17% and DuPage County enrollment is down 9.5%. She noted that in terms of capacity, the elementary schools as a whole are 85% full. Specifically, Parkview is the second most occupied school. She reviewed the 2021 District Report Cards for both D41 and D89. Member McGrane stated the hotels were a problematic use. He noted that the ability for South Glen Ellyn to generate tax revenue is limited due to the amount of land that is occupied by the Village Links [golf course] and the College of DuPage. He suggested a restaurant/gathering space is needed south of Roosevelt. He stated the site should remain commercial. He’s concerned about crime and overburdening schools if affordable housing is developed on the site. He noted the site is not ideal for residential due to the surrounding uses. He suggested considering housing for adults with disabilities at the U.S. Bank site. He asserted that it is dangerous to cross the streets in this area. He also expressed concern that putting housing on this site might violate EPA guidelines due to the proximity of a gas station. He asserted that he spoke with the Township Assessor who stated that commercial uses would generate more tax revenue. Trustee Payne asked the Work Group for their thoughts on the existing affordable housing on Pershing Avenue, located behind the Jewel/Osco. Member McGrane stated that while the affordable housing is surrounded by other housing uses, he doesn’t think it blends with the neighborhood. Ms. Wolfin, a member of the audience, mentioned she is an ESL teacher and knows many families who live in that housing complex and it’s a great place to live and for children to grow up. Page 7 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group April 6, 2022 Minutes Page 6 Member Mehta expressed concern about adding affordable housing on the site because of the increased tax burden. He believes this is a great opportunity on Roosevelt Road and it could be so much more. He concurred there is a need for affordable housing in the community, but reiterated this site is not best location. Member Hughes stated that she believes this discussion is a great opportunity for civil discourse within the community. She said he doesn’t want to exclude the less fortunate from the community. She explained there are non-profit housing developments which provide for people who need help with daily living and these entities manage their facilities. Member Kemp stated she understands and relates to the need for housing for disabled adults and senior housing. However, she is concerned about traffic safety if housing built on the hotel site. She expressed concerns with regard to the proximity of the gas station to the site, and limited access to amenities. She stated that affordable housing in this location seems impractical. Ms. Kemp suggested the Village consider a youth center or community center as a gathering place (e.g. Wheaton, Villa Park). Member Atchison restated the need for supportive housing in the community. She stated the property was available for years on the market. She believes the Village’s plans are not representative of all of Glen Ellyn. She stated there is a need to care for the community’s children. She shared the story of her son Rob who has a developmental disability and is limited to having no more than $2,000 at any time because otherwise some of his supportive services are taken away. She reiterated the need to provide supportive housing for adults with disabilities. Member Nelson stated the Pershing Apartments are an example of an appropriate transition from commercial to multi-family housing and then single-family housing. President Senak stated the estimated cost to demolish the building is approximately $1M dollar. He asked the Work Group for their thoughts on whether the Village should demolish the property. The following members support demolishing the buildings: Norris, Atchison, Nelson, Durkin. Member McGrane stated the Village should evaluate the total investment in the property before making the decision. Trustee Payne stated he doesn’t believe the cost to demolish the buildings has been fully evaluated. President Senak asked about Work Group’s interest in keeping the site as open land. Page 8 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group April 6, 2022 Minutes Page 7 The general consensus of the Work Group was that maintaining the site as open land long term doesn’t’ make sense. It may make sense in the short-term in order to allow the Village to acquire additional property for redevelopment. President drew an outline of the property, illustrating the existing Exmor right-of- way which splits the property. He asked the Work Group to consider selling just the portion of the portion which fronts Roosevelt Road. He noted that an easement needs to remain where the right-of-way currently lies and a traffic study evaluating the impact of vacating the right-of-way will also need to be completed. The Work Group acknowledged the possibility of selling only the Roosevelt Road portion but felt retaining the full property would maximize redevelopment opportunity. President Senak asked the Work Group to continue considering selling off portions of the property. He asked the Work Group if they thought the Village should put the property on the market now (for sale by owner)? Member Eber expressed concern that listing the property for sale now may cause confusion without a plan. Word is out about the Village owning the property in the commercial development world. Member McGrane stated the Village has a fiduciary responsibility to put the property on the market as we move forward. Member Thakkar stated she sees no harm in putting the property out there. Ms. Kemp concurred. Member Tammaru agreed with the notion of putting it on the market, stating that the Village doesn’t actually have to sell it. Member Durkin expressed concern someone may buy it before the buildings are taken down and then hold the property, which would result in the community and continuing to have problems with the site. Member Mehta stated he supported placing the property on the market, as the Village may get some good ideas in the process that will help inform things. Member Atchison agreed with Member Durkin and stated the Village should take the buildings down now. Member Nelson stated he had no strong opinion either way. Member Hughes believes we should wait to list the properties, noting the Village has entered into a process to be mindful and plan for a better result. She expressed concern if we sell the property we may lose control of the end result. Member McGrane stated he believes it’s better for a developer to buy the property and take the buildings down. He thinks the developer should take the financial risk. Page 9 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group April 6, 2022 Minutes Page 8 F. Discussion 1) Available Information: Roosevelt Road Hotel Properties Redevelopment 2) Public Feedback Received To-Date G. Next Meeting Date May 4, 2022, 7:00 PM at the Police Department Community Room, 65 S Park Blvd H. Adjourn Meeting adjourned at 10:26 pm. Page 10 of 18 Minutes Village of Glen Ellyn Roosevelt Road/Taft Avenue Hotel Site Ad Hoc Work Group Thursday, May 5, 2022 7:00 PM Glen Ellyn Police Department Community Room 65 S. Park Blvd., Glen Ellyn, IL 60137 A. Call to Order President Senak called the meeting to order at 7:05 pm. B. Roll Call The following Ad Hoc Work Group members were present. President Senak Trustee Payne Donna Kemp Kevin McGrane Norris Eber Vik Mehta Nick Nelson Clara Hughes Renie Atchison Rachna Thakkar Dr. Emily Tammaru Rev. James Shannon Mark Shannon Mark Pfefferman Village Staff noted in attendance, Village Manager Mark Franz and Assistant Village Manager Emily Rodman. C. Audience Participation Public Comment Naazish Yarkhan spoke about her children attended school in D41. Lives in Glendale Heights and works at social services organization. Could not afford to live in Glendale Heights without two incomes. We lose diversity when we assume low- income means bad people. Consider who you are keeping out, people like me and my husband, highly educated. Page 11 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group May 5, 2022 Minutes Page 2 Debbie White lives near Blackberry market, wants affordable housing in Glen Ellyn, like DuPage Habitat for Humanity. Shared stories of Habitat for Humanity home owners. Affordable housing residents are just looking for safe, reliable housing for their families. Kim Reed shared she’s a resident and volunteer. Supports affordable, accessible, supportive housing. Wants to dispel concerns about number of students generated by affordable housing and shared statistics. She shared stories of Glenbard South and West graduates and expressed need for affordable housing. Bob Deitch shared he can see the hotels from his house. He appreciates the Village purchasing the property and the public input process. High school taxes in D89 is self-inflicted due to referendum. Housing location is good due to proximity to grocery. School overcrowding is a separate issue. Glen Ellyn to provide housing for all need to impact for walkability, signage, traffic safety and suggested Pulte Homes property may be a better location. Jen Bystry commented property was awful for the past eight years. Spoke to objections to affordable housing. Safety: can make affordable housing safe; school overcrowding: will all affordable housing residents have children attending schools?; taxes: there are other opportunities for common space. Have an opportunity to show leadership and be a model for how to do affordable housing right. Roger Houghes is a member of DuPage United and addressed the following concerns: • Commercial development is not really viable • Community center – the Village doesn’t want to own property, residential development will create constant stream of tax revenue • Affordable housing will general same number of service calls – Glen Ellyn Police doesn’t show that • Taft Ave is too dangerous for housing – let’s do a traffic study and let experts determine • Too close to gas station – there are other examples of housing next to gas stations • Too noisy – there is housing next to the Metra station Affordable housing is viable and desirable option and consistent with Village values. David Firchau recalls 1985 when hotels went downhill. Received a voucher back when he was an addict from his church which enable him and others to feed their addiction. He is low income and would like to see some recreational amenity. Bowling alley, swimming pool, recreation center, show some love to south Glen Page 12 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group May 5, 2022 Minutes Page 3 Ellyn. Put supportive housing at Main Street Recreation Center, it’s a better location. Affordable housing will bring people from outside Glen Ellyn, not serve our own residents. Sean Castens office says he’s been working with the Village on affordable housing on this site. Paul Kuchuris stated poor site for residential because of traffic. Affordable housing, we don’t need it on this site. Downtown Glen Ellyn has 2 developments that could be affordable housing. Sympathetic to need for affordable housing, more than our share of affordable housing on south side. Scott Waldbusser stated the way we view the issue has been skewed. No one is against affordable housing and helping others. People are skewing the facts and being condescending. Empathize with the need for supportive housing, it would be a horrible place to put disabled adults. Its dishonest to say that people don’t like poor people. How involved were affordable housing advocates with downtown developments? Senak commented: [Affordable Housing] was not discussed with Apex, two (2) units are being included in the McChesney development. Carlos Chivardi is opposed to housing being built on this site. Not against affordable housing in general, but doesn’t support rezoning for this purpose. Stress on schools and expenses which drivees property taxes, current residents have to pay for affordable housing, making the whole community less affordable. Need to do what is in the best interest of taxpayers. Site is not appropriate for housing, it is dangerous for kids and isolated. Put affordable housing in areas already zoned residential, it would be better integrated and more dignified. Building affordable housing on this site is a breach of trust with the community. President Senak introduced the two members of the work group who were not at the last meeting. Member Pfefferman commented that affordable housing and community use are not mutually exclusive. Reverend Shannon, from People’s Community Church, didn’t understand the connection between housing and crime. Affordable housing doesn’t’ result in crime infestation. President Senak called the on another person to comment on public comment. Michael Chung is concerned and frustrated. Feels that a promise has been made by the Village Board to build affordable housing on the site already. Frustrated because he feels the Village Board should be listening to those most closely impacted, those who are nearby. Panfish Park can become the Lake Ellyn of south Glen Ellyn. Concerned because as a resident, feels that affordable housing will be pushed Page 13 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group May 5, 2022 Minutes Page 4 through regardless of what is said by residents. Board should be listening to opinions of residents that live in the Parkview school area. Panfish area should be the Lake Ellyn of this area. Senak commented: No vote has been taken regarding the site and this process would not be happening if a decision was already made regarding the redevelopment of the site. Payne commented: The [Village] Board acts by vote, and no vote has happened, no promises have been made. Discussion Work Group discussed the minutes. Pages 1 & 5, correct the spelling of Member Atchison’s name. Page 5 Hughes changed from he to she. Strike “this not necessarily affordable housing depending on how its defined”. Approval of Minutes was tabled in order to distribute to other members. Milton Township Assessor Chris Levan was introduced to address questions about how property taxes are assessed. Assessor Levan explained that they use the market, income and cost to assess value, typically use market and income. For affordable housing, section 42 & section 8 can only use income value to assess based on Illinois statute. Rent paid is fixed, owner pays utilities, rent equals 30% of income and rest is funded by federal government, below market value. Assessor Levan provided the example between affordable housing and market rate development taxes: For a 300-unit property, affordable housing $442,096 taxes vs. market rate $582,590 taxes. McGrane asked about the difference between 42 & 8 housing? Levan: They are taxed the same. Section 42, all revenue comes from the residents. Section, residents only pay 30% of the revenue and the federal government pays the difference. Norris: Are there a lot of sales of affordable housing developments? Levan: No, rarely sold because how they are financed, 1% loan amortized over 50 years. Norris: How does affordable housing compare to commercial (e.g. Chick fil A)? Levan: Hard to answer hypotheticals. Page 14 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group May 5, 2022 Minutes Page 5 Nelson: How do commercial properties on Roosevelt Road compare to rest of township? Levan: Roosevelt Road is at $10, downtown area is $40 because of land value. But Roosevelt Road properties are doing just fine. Franz: Are multi-family units and affordable housing units considered commercial uses? Levan: Yes, but can only base affordable housing on income. Nelson: Confirmed that all else being equal, an affordable housing development would be assessed lower than a market rate development; income vs. income/market rate. Levan: Yes. Nelson: Do you know the assessed value of the hotel site currently? Levan: It is pretty low. Franz: Taxes when the Village purchased it were $60,000. Franz: Confirmed that assessed value of affordable housing is done on commercial market and income basis, except for 42/8. Levan: Correct. Audience member: What if only a few units are affordable housing in a market rate building? Levan: Assessed at market/income approach. Cat Vielma, Redstone Equity Partners, was introduced by President Senak to speak to Low Income Housing Tax Credit (LIHTC)- Section 42 housing. She provided history of LIHTC program. HUD sets rents for program and Illinois Housing Department Authority (IHDA) sets broad parameters for what housing must look like. Federal government awards LIHTC credits to states and then IHDA awards the credits to the “best” development. LIHTC are good for 10 years and are often higher than development actual tax bill. Developer sells the tax credits to banks because banks are required to invest in community. Banks provide oversight on property because its an investment asset for 30 years (IHDA). Thakkar: Is there an assessment done before IHDA awards credits to evaluate appropriateness? Vielma: Yes, IHDA looks at Phase I, market study, safety, etc. as part of evaluation. Project is then evaluated again by investment firm. Page 15 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group May 5, 2022 Minutes Page 6 Chivardi: Inquired about liability of property owner. Vielma: There is always an owner operated behind the LLP, LLC. LIHTEC funds 98% of affordable housing (used to build housing). LIHTEC applies primarily to 100% affordable housing, sometimes used for mixed use. IHDA qualified allocation plan is a document that sets forth standards for LIHTC development. Oversite by National Low Income Housing Council. Kon Savoy shared a brief presentation of Tax Increment Financing. Answered questions about how TIF works. McGrane: Stressed that he would like to see as much emphasis put on commercial uses for the site as on affordable housing. Kretchmer: Consider that a developer may build a commercial property but lease it out to non-sales tax generating businesses [service]. Which would not add to the total tax revenue. Eber: Another proposal is going to Plan Commission for more housing within the TIF district. If this site goes residential also, that’s an impact on the TIF. Tammaru: Expressed concern over the EAV in D89, which is almost $20M less than the other school district. So considering what will be built and how that will impact the EAV going forward. Franz: how do you compare the EAV, district over district? Tammaru: Looking at one community with similar boundaries and less commercial sales tax dollars. Comparable housing different students per school district. D89 has less. Nelson: Have any steps been taken to listing the property now? Knows developers interested but don’t feel invited to participate. Senak: The Board will be considering whether to list the site now rather than wait. Would like the authority to move forward with listing it. Nelson: when will the public know. Senak: Once a broker is hired and it is listed for a priced decided by the Board it will become public. Eber: Look for a national retail brokerage company. Senak: Yes, is the short answer. Someone who can produce results. Eber: Glen Ellyn over paid for the site, anyone who is interested probably won’t pay what the Village paid. Will the Village engage with Choose DuPage and other organizations. Page 16 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group May 5, 2022 Minutes Page 7 Senak: once the Board decides to list then the Village will engage with all development partners. Franz: Once the board determines direction, staff will partner with all the organizations to help promote the development of the site. Nelson: Shouldn’t we be engaging with these organizations right now. Senak: Those are not mutually exclusive and we’ll work through all these groups and explore all options. Payne: We can do both and will be a little confusing to find the direction for the developers. McCrane: Pricing will vary based on use. Senak: The questions will be how much do we want to incentivize any development. McCrane: Developers see it as an opportunity because the Village owns it. Can the process be faster? Franz: Same process for approvals regardless if the Village owns it or not. Kemp: Does the property have to be demoed? Franz: Nothing will be able to be reused, but not necessarily demoed right now. Senak: Wait on demolishing in case a developer wants it and is willing to tear it down. If not maybe the Village demolishes it and then it will be more interesting for developers. Franz: Concern about the duo track for the project and sending mixed messages to developers about what the Board wants to see at this site. Next meeting the Group requested additional information on commercial development and public safety. F. Discussion 1) Available Information: TIF Presentation Shared at the Meeting 2) Public Feedback Received To-Date 3) Minutes from April 6, 2022 Adhoc Work Group Meeting with edits Page 17 of 18 Roosevelt Road/Taft Avenue Ad Hoc Work Group May 5, 2022 Minutes Page 8 G. Next Meeting Date June 2, 2022, 7:00 PM at the Police Department Community Room, 65 S Park Blvd H. Adjourn Meeting adjourned at 10:45 pm. Page 18 of 18