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 Thursday, December 19, 2013 10:00 AM Village Hall - Community Room (immediately after completion of the Downtown TIF and St. Charles Road TIF 1-West meetings) 1.0 Call to Order and Pledge of Allegiance Call to order by Village President Keith Giagnorio at 10:20 a.m. 2.0 Roll Call of Joint Review Board Members Present: Edward Hoster, District 88; Vickie Nissen, District 45; Jennifer Ganser, Village of Lombard; William Heniff, Village of Lombard; Jamie Cunningham, Village of Lombard; Keith Giagnorio, Village of Lombard; and Sarah Richardt, Lombard Town Centre. 3.0 Public Participation There was no public participation. 4.0 Approval of Minutes There was not a quorum so the minutes could not be approved. 5.0 Unfinished Business No unfinished business. 6.0 New Business Ms. Ganser reviewed the Annual TIF Report for the Downtown TIF District. She noted that this report is for fiscal years 2012A and 2012B. The St Charles East TIF was created in 2004. The St Charles Village of Lombard Page 1 St. Charles Road TIF 2 - East Minutes December 19, 2013 District Joint Review Board Meeting East TIF had a beginning fund balance of $705,648 and an ending fund balance of $688,344. Notable expenses were made for the Union Pacific Railroad Pedestrian Crossing and the Great Western Trail Bridge Project. Mr. Heniff reviewed past activities in the TIF. Ms. Nissen asked when the TIF will expire and Ms. Ganser responded that it is set to expire in 2027 for the 2026 tax year. Mr. Heniff said the Lombard Auto Wreckers property is on the market and phase two of Oakview Estates is still on hold. 7.0 Other Business There was no other business. 8.0 Information Only 9.0 Adjournment On a motion by Vickie Nissen and seconded by Edward Hoster the meeting was adjourned at 10:26 a.m. Village of Lombard Page 2