Tax Increment Finance Joint Review Board Meeting

City of Urbana Tax Increment Finance Joint Review Board UPDATED AGENDA Date: Wednesday, December 2, 2015 Time: 9:00 am Location: Urbana City Council Chambers, Urbana City Building, 400 S Vine Street, Urbana, Illinois 61801 1. CALL TO ORDER 2. INTRODUCTION OF JRB MEMBERS 3. REVIEW OF MINUTES 4. PUBLIC COMMENT 5. TIF REFORM UPDATE – Updates on Legislation 6. OVERVIEW OF TIF ACTIVITIES AND PROJECTS A. TIF DISTRICT ONE 1. ACTIVITIES • Business Assistance • Infrastructure Projects • Other Activities 2. REDEVELOPMENT PROJECTS • Stephens Building (218 W Main St) • 204 West Main Street • Stratford Apartments (202 N Race St) • Urbana Landmark Hotel (210 S Race St) 3. NEW AND UPCOMING PROJECTS  B. TIF DISTRICT TWO 1. ACTIVITIES • Business Assistance • Infrastructure Projects • Other Activities 2. REDEVELOPMENT PROJECTS • 129 N Race Street • Urbana Landmark Hotel (210 S Race St) • Patel Law (108 W University Ave) • Omnicare Labs (502 S Vine St) • Five Points Northwest (Gateway Shoppes) • Silver Creek Parking Lot / Banquet Center (Allen Strong) • HG Dwell (Unexecuted) 3. NEW AND UPCOMING PROJECTS C. TIF DISTRICT THREE 1. CLOSURE 2. SURPLUS PAYMENTS D. TIF DISTRICT FOUR 1. ACTIVITIES • Business Assistance • Infrastructure Projects • Other Activities 2. REDEVELOPMENT PROJECTS • Hanford Inn (2408 N Cunningham Ave) • Frasca International (906 Airport Rd) • Interchange Properties (O’Brien Automall) • Creative Thermal Solutions (2209 County Rd 1400 E) • Soccer Planet (2310 N Willow Rd) 3. NEW AND UPCOMING PROJECTS 7. PROPOSED CREATION OF A NEW DOWNTOWN TIF 9. COMMENTS & QUESTIONS 10. ADJOURNMENT