Land Use & Economic Development Committee

City of Joliet 150 West Jefferson Street Joliet, IL 60432 Meeting Minutes - Pending Approval Monday, May 4, 2026 3:30 PM City Hall, Council Chambers Land Use & Economic Development Committee Committee Members Councilman Cesar Cardenas, Chairperson Councilwoman Suzanna Ibarra Councilman Pat Mudron Special Meeting Land Use & Economic Development Committee Meeting Minutes - Pending Approval May 4, 2026 ROLL CALL Present Councilman Cesar Cardenas, Councilwoman Suzanna Ibarra and Councilman Pat Mudron APPROVAL OF MINUTES 3.18.26 Meeting Minutes TMP-9722 Attachments: 2608_M_Land_Use___Economic_Development_Committee_ 26-03-18_Meeting_Minutes.pdf A motion was made by Councilman Pat Mudron, seconded by Councilwoman Suzanna Ibarra, to approve 3.18.26 Meeting Minutes. The motion carried by the following vote: Aye: Councilman Cardenas, Councilwoman Ibarra and Councilman Mudron CITIZENS TO BE HEARD ON AGENDA ITEMS None AGENDA ITEMS Resolution to Authorize a TIF Incentive Agreement with TMP-9751 Matise Events LLC at 113 N. Ottawa Economic Development Director Paulina Martinez spoke about the 5 year forgivable loan for the sprinkler system. The loan is $79,500 and every year the Matise remains open 20% of the loan is forgiven, and the loan would be forgiven after 5 years. The city would file a Lien on the property to this effect. The Council Members talked about how they were happy to have his business there and asked a few questions. Mr. Matise answered a few questions about the replacement windows in the building. A motion was made by Councilwoman Suzanna Ibarra, seconded by Councilman Pat Mudron, to approve Resolution to Authorize a TIF Incentive Agreement with Matise Events LLC at 113 N. Ottawa. The motion carried by the following vote: Aye: Councilman Cardenas, Councilwoman Ibarra and Councilman Mudron Resolution Amending and Authorizing the Execution of an TMP-9846 Amended and Restated Development Agreement with Cullinan Joliet, LLC for the Rock Run Crossing Development Project Area Finance Director Kevin Sing spoke about how the amended agreement would allow the city to reduce the our 100 million dollar bond by 16 million this is the bond that financed the infrastructure for the site. The agreement allows us to Page 1 of 2 Land Use & Economic Development Committee Meeting Minutes - Pending Approval May 4, 2026 add requirements for performance and penalties for non-performance as it relates to attracting retailers to the site. It will boost major tax revenue to the site, and having a major anchor tenant for the site Dicks House of Sport will attract more retailers. Kevin played a presentation on Dicks House of Sport. The incentives are from payment of taxes from this site and tied to performance of the site. The development will perform at an accelerated pace. This site is set to bring in 8,000 construction jobs and 5,000 permanent jobs. This will be a place where people from the region will come to shop and dine. It will be a regional destination. Councilman Mudron asked about how large the area was which Mr. Sing answered. Councilwoman Ibarra talked about how her parents regularly travel to places like similar to Rock Run to shop and go to restaurants. Councilman Cardenas talked about it being at I-80 and I-55 and the crossroads of America, a good location for this to do well. A motion was made by Councilwoman Suzanna Ibarra, seconded by Councilman Pat Mudron, to approve Resolution Amending and Authorizing the Execution of an Amended and Restated Development Agreement with Cullinan Joliet, LLC for the Rock Run Crossing Development Project Area. The motion carried by the following vote: Aye: Councilman Cardenas, Councilwoman Ibarra and Councilman Mudron NEW OR OLD BUSINESS - NOT FOR FINAL ACTION OR RECOMMENDATION Councilman Mudron talked about a commercial he heard about a coffee shop that had coffee and spirits and was looking for an owner to talk to about that. Councilwoman Ibarra wants a supermarket on the east side of district 5 and feels there has been a traffic study done an there is enough to prove that a store would do well there . Is there any way we can get try to get one to come in to district 5. PUBLIC COMMENT None ADJOURNMENT A motion was made by Councilwoman Ibarra, seconded by Councilman Mudron, to adjourn.. The motion carried by the following vote: Aye: Councilman Cardenas, Councilwoman Ibarra and Councilman Mudron This meeting will be held in an accessible location. If you need a reasonable accommodation, please contact The City Clerk Office, 150 West Jefferson Street, Joliet, Illinois 60432 at (815) 724-3780. Page 2 of 2