St. Charles Road TIF 1 -West District Joint Review Board Meeting

Village Hall Village of Lombard 255 East Wilson Ave. Lombard, IL 60148 villageoflombard.org Minutes St. Charles Road TIF 1 -West District Joint Review Board Meeting DuPage County, DuPage County High School District #87, DuPage County Elementary School District #44, College of DuPage, York Township, Village of Lombard, Lombard Park District, Helen M. Plum Memorial Library District Citizen Member Tuesday, January 29, 2013 3:45 PM Village Hall Community Room (immediately following completion of the Downtown TIF meeting) Revised January 25, 2013 1.0 Call to Order and Pledge of Allegiance President Ware called the meeting to order at 3:50 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 Tod Altenburg, Assistant Superintendent for Finance and Operations, Lombard Elementary School District 44 Absent: DuPage County, DuPage County High School District #87, 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 Member. 4.0 Approval of Minutes 5.0 New Business Village of Lombard Page 1 St. Charles Road TIF 1 -West Minutes January 29, 2013 District Joint Review Board Meeting 130022 2011-2012 Annual TIF Report Review of the St. Charles Road TIF 1 West Tax Increment Financing (TIF) District Report for fiscal year 2012 (ending May 31, 2012). After the roll call was taken, Acting President Ware asked for the report. William Heniff then presented the Downtown TIF Annual Report. He stated that the TIF annual report reflects the expenditures and activities undertaken in the district. He noted the smaller geographical boundary of the district means that the corresponding revenues and expenditures are lower. He then discussed the few 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. 130040 2011-2012 Tax Increment Financing (TIF) Project Review Discussion of the TIF projects/work being done in furtherance of the St. Charles Road TIF 1 West plan. William Heniff noted that the revitalization guidebook for the downtown area also noted a number of possible improvements for the East St. Charles Road corridor as well. However, these opportunities have not materialized to date. 6.0 Adjournment Acting President Ware asked in there were any additional comments. Hearing none, the meeting was closed at 3:55 p.m. Village of Lombard Page 2