TIF Joint Review Board Meeting

MINUTES JOINT REVIEW BOARD MEETING CENTRAL BUSINESS DISTRICT TIF ROOSEVELT ROAD TIF VILLAGE OF GLEN ELLYN 535 Duane St., Room 301 Glen Ellyn, IL 60137 Tuesday, June 12, 2018 2:00 PM I. Call to Order – 2:03 PM II. Roll Call of JRB Members a. Tom Manak, Central Business District Resident Member b. Scott Brady, College of DuPage c. Jessica Infelise, DuPage County d. Mary Loch, Roosevelt Road District Resident Member e. Eric Deporter, Glen Ellyn School District #41 f. Chris McClan, Glen Ellyn School District #87 g. Chris Heidorn, Milton Township h. Mark Franz, Village Manager, Village of Glen Ellyn i. Christina Coyle, Finance Director, Village of Glen Ellyn j. Meredith Hannah, Economic Development Coordinator, Village of Glen Ellyn k. Greg Mathews, Village Attorney, Village of Glen Ellyn III. Vote to Approve Minutes from 2017 JRB Meeting a. Motion by Mary Loch, Seconded by Tom Manak – approved IV. Vote to Approve Minutes from 2016 JRB Meeting, vote was not taken during 2017 meeting since a quorum was not present. a. Motion by Christ Heidorn, Seconded by Mary Loch – approved V. Overview/Update of Central Business District TIF a. Designated in 2012 b. Revenues to date: $513,678 c. 2017 budget allocated $125,000 towards downtown expanded Award Programs including, interior, fire prevention and façade i. $42,250 invested by the Village drove $107,431 private investment d. Possible Projects in the CBD i. McChesney & Miller 1. Purchased by Springbank Real Estate Group in 2015. 2. 1.08 acres including former grocery store and Lord’s Auto Clinic. 3. Possible mixed-use redevelopment project featuring apartments above retail or commercial. 4. Developer team changed a number of times. 5. Village awaiting a new design for project. ii. Giesche 1. Currently under contract by developer proposing a mixed use development. 2. Would including Giesche and Main Street parking lot. Replace public parking and construct luxury rental unit and retail. 3. Plan Commission reviewed the concept in March 2018 and was favorable of the concept. 4. Finalizing plans and resubmitting this spring/summer. iii. AVERE 1. Luxury Rental Development-48 Units 2. Plan Commission reviewed preliminary plans, generally supportive 3. Proceeding with finalizing plans and resubmitting  4. Village Board to consider potential incentives as part of Redevelopment Agreement iv. Streetscape 1. Last widespread CBD rehabilitation projects were completed in mid 1980’s 2. Plan includes potential improvements to: a. Streets/curbs b. Sidewalks c. Parkway trees d. Street lighting infrastructure e. Underground utilities 3. Proceeding ahead with Phase II Design Engineering 4. Funding options will still need to be reviewed v. Parking 1. Recently held 5 Village Board Workshop Meetings to discuss downtown parking 2. Village hired a consultant to develop design concepts 3. Behind Civic Center is best option 4. Evaluating funding options VI. Overview/Update of Roosevelt Road TIF i. Designated in 2013 ii. Receipts through 12/31/2017: $69,379 iii. Roosevelt Glen – Allocated $50,000 to assist with right of way/sidewalk improvements along Niccoll Way, will be paid out of 2018 TIF Budget  iv. Jimmy Johns – Allocated $12,000 to assist with right of way/sidewalk improvements along Roosevelt Road to facilitate right in/right out access required by IDOT, will be paid out of 2018 TIF Budget v. Village Board approved an expansion of the Fire Prevention Award Program to the Roosevelt Road TIF District, allocated $30,000 for the remainder of 2018 vi. Awarded $15,000 to Jimmy John’s for the installation of a sprinkler system at 632 Roosevelt Road a. Possible Projects in the Roosevelt Road TIF 2018 i. Hotels - Recently tore down one building, possibly taking down a second building ii. Other Developments, not in the TIF but will positively impact the TIF 1. Enterprise rehabilitation of Old Bejing restaurant 2. Former Enterprise site redevelopment for Andy’s Frozen Custard, Buona Beef and one additional restaurant pad 3. Water System improvements plan for Roosevelt Road including Pickwick and Panera/CVS VII. Questions/Comments a. Christina Coyle shared the CBD audit opinion. Since Roosevelt Road does not have $100,000 yet, no opinion was needed. Expect one for 2018. b. Chris McClan asked for an email copy of the presentation, Meredith Hannah will distribute electronically.  c. Other project updates were inquired about, 2 Hound Red, still under construction; Baker Hill Shopping Center has received all Village Board approvals, waiting on Pete’s Market to submit building plans for permits. VIII. Adjourn – 2:25 PM