Joint Review Board

Attachment H CITY OF WHEATON JOINT REVIEW BOARD MEETING ANNUAL MEETING February 18, 2016 9:00 A.M. GAMON ROOM - WHEATON CITY HALL I. Call to Order by Secretary Director of Planning and Economic Development Kozik called the annual meeting of the Joint Review Board to order at 10:00 A.M. in the Gamon Room of the Wheaton City Hall. Also present was Director of Finance Bob Lehnhardt. II. Identification of Joint Review Board Taxing Body Attendees The following Joint Review Board Taxing Bodies attendees were present: John Rutledge, City of Wheaton; Jeff Schuler and Bill Farley, School District 200; Mike Benard, Wheaton Park District. A quorum was not present. Director of Finance Lehnhardt presented a review of the annual reports for TIF District’s 1, 2 and 3 for the benefit of the members of the Joint Review Board who were present. Mr. Benard questioned when TIF surpluses can be distributed to the respective taxing bodies. Mr. Kozik stated that the distribution of surplus funds usually occurs at the end of the lives of a TIF district, but it can occur at any time. III. Adjournment Hearing no further questions or comments, the meeting was adjourned at 10:00 A.M. Respectfully submitted, James P. Kozik, AICP Director of Planning & Economic Development