St. Charles Road TIF 2 - East District Joint Review Board Meeting

Village Hall Village of Lombard 255 East Wilson Ave. Lombard, IL 60148 villageoflombard.org Minutes St. Charles Road TIF 2 - East District Joint Review Board Meeting DuPage County, DuPage County High School District #88, DuPage County Elementary School District #45, College of DuPage, York Township, Village of Lombard, Lombard Park District, Helen M. Plum Memorial Library District Citizen Member Tuesday, January 29, 2013 4:00 PM Village Hall Community Room (immediately after completion of the Downtown TIF and St. Charles Road TIF 1-West meetings) Revised January 25, 2013 1.0 Call to Order and Pledge of Allegiance President Ware called the meeting to order at 3:55 p.m. 2.0 Roll Call of Joint Review Board Members The following Joint Review Board members were present: William Ware, Acting Village President, Village of Lombard Vickie Nissen, Assistant Superintendent for Finance, School District 45 Scott Helton, Superintendent, DuPage High School District 88 Robert Flemming, Director of Business Services, DuPage High School District 88 Absent: DuPage County, College of DuPage, York Township, Lombard Park District, Helen M. Plum Memorial Library District, and Citizen Member. Also in attendance: David Hulseberg, Village Manager, Village of Lombard; William J. Heniff, AICP, Community Development Director, Village of Lombard; and Jamie Cunningham, Assistant Director of Finance, Village of Lombard. 3.0 Appoint Citizen Member After the roll call was taken, Acting President Ware asked for the report. It was noted that the District currently does not have a Citizen Village of Lombard Page 1 St. Charles Road TIF 2 - East Minutes January 29, 2013 District Joint Review Board Meeting Member. 4.0 Approval of Minutes A motion was made by Scott Helton and seconded by Vickie Nissen to approve the minutes of the December 15, 2011 meeting. The motion passed by unanimous consent of the members present. 5.0 New Business 130023 2011-2012 Annual TIF Report Review of the St. Charles Road TIF 2 East Tax Increment Financing (TIF) District Report for fiscal year 2012 (ending May 31, 2012). William Heniff presented the Downtown TIF Annual Report. He stated that the TIF annual report reflects the expenditures and activities undertaken in the district. He discussed the expenditures over the past year, which were primarily associated with the Great Western Trail overpass project. He noted that this allocation of shared between the two St. Charles Road TIF Districts. 130041 2011-2012 Tax Increment Financing (TIF) Project Review Discussion of TIF projects/work being done in furtherance of the St. Charles Road TIF 2 East plan. William Heniff noted that private redevelopment opportunities have not materialized to date, although staff is exploring possibilities along the East St. Charles Road corridor that have come onto the market and may present the opportunity to foster additional investment activity in the corridor. 6.0 Adjournment Acting President Ware asked in there were any additional comments. Hearing none, the meeting was closed at 4:00 p.m. . Village of Lombard Page 2