File #: 220185    Version: Name:
Type: Ordinance Status: Passed
File created: 5/17/2022 In control: Village Board of Trustees
On agenda: Final action: 11/21/2024
Title: Yorktown Reserve Economic Incentive Agreement - Fourth Amendment The Economic & Community Development Committee recommends approval of a Fourth Amendment to the previously approved Yorktown Reserve Economic Incentive Agreement. This would further amend/replace the first amendment as it pertains to payout provisions during the three phases of advance activities (i.e., asbestos removal, demolition and other related costs previously identified in the amendment). (DISTRICT #3)
Attachments: 1. 220185_230 Yorktown Shopping Center Mall, 2. Synergy PRCP EI Introduction, 3. 220185_ Synergy Construction and Pacific Retail Capital Partners (PRCP) Economic Incentive - Update Memorandum, 4. 220185_ Synergy Construction Group LLC and Pacific Retail Capital Partners Economic Incentive - March 2023 Yorktown Reserve Updated Memorandum, 5. 220185_ Synergy Construction Group LLC and Pacific Retail Capital Partners Economic Incentive - June 2023 Yorktown Reserve Update, 6. BOARD MEETING 07-20-23 (1 of 3) 220185 Yorktown Reserve Economic Incentive Agreement, 7. BOARD MEETING 07-20-23 (2 of 3) 220185 Yorktown Reserve Economic Incentive Agreement, 8. BOARD MEETING 07-20-23 (3 of 3) 220185 Yorktown Reserve Economic Incentive Agreement Ordinance, 9. Ordinance 8181 Yorktown Reserve Economic Incentive Agreement.pdf, 10. Lombard Development Manager Yorktown Reserve Economic Incentive Agreement - unsigned.pdf, 11. Cover Page 220185.pdf, 12. Lombard Development Manager Yorktown Reserve Economic Incentive Agreement.pdf, 13. 220185_ Yorktown Reserve Economic Incentive Agreement - First Amendment.pdf, 14. BOARD MEETING 12-07-23 220185 Yorktown Reserve Economic Incentive Agreement - First Amendments.pdf, 15. Ordinance 8223 Yorktown Reserve Economic Incentive Agreement - First Amendment, 16. Lombard Development Manager LLC First Amendment Yorktown Reseve Economic Incentive Agreement- unsigned, 17. Ordinance 8223 1st Amendment to EIA for the Yorktown Reserve Devlepment.pdf, 18. Cover Page 220185.pdf, 19. Lombard Development Manager LLC Economic Incentive Agreement - First Amendment.pdf, 20. 220185_Yorktown Reserve Economic Incentive Agreement - Further Amendment Request.pdf, 21. BOARD MEETING 6-20-24 220185 Yorktown Reserve Economic Incentive Agreement - Second Amendment.pdf, 22. Ordinance 8271 Yorktown Reserve Economic Incentive Agreement - Second Amendment, 23. Lombard Development Manager LLC Yorktown Reserve - Second Amendment unsigned, 24. BOARD MEETING 8-15-24 220185 Yorktown Reserve Economic Incentive Agreement - Third Amendment.pdf, 25. Ordinance 8277 Yorktown Reserve Economic Incentive Agreement - Third Amendment, 26. Lombard Development Manager LLC Yorktown Reserve Incentive Agreement - Third Amendment - unsigned, 27. Lombard Development Manager LLC - Yorktown Reserve Economic Agreement - Thrid Amendment, 28. Lombard Development Manager LLCSecond Amendment to Economic Incentive Agreement, 29. 220185_Yorktown Reserve Economic Incentive Agreement - Fourth Amendment Request, 30. Ordinance 8181 Recorded, 31. Ordinance 8181 Recorded (2), 32. Ordinance 8223 Recorded, 33. Ordinance 8271 Recorded, 34. Ordinance 8277 Recorded, 35. BOARD MTG 11-21-24 220185 Yorktown Reseve Economic Incentive Agreement - Fourth Amendment, 36. Ordinance 8312 Yorktown Reserve Economic Incentive Agreement - Fourth Amendment, 37. Yorktown Development Manager LLC - Fourth Amendment to Economic Incentive Agreement - unsigned
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
11/21/202410 Village Board of Trustees    Not available Meeting details Not available
11/11/20249 Economic & Community Development Committee    Not available Meeting details Not available
8/15/20248 Village Board of Trustees waived of first reading and passed on second reading with suspension of the rulesPass Action details Meeting details Not available
6/20/20247 Village Board of Trustees waived of first reading and passed on second reading with suspension of the rulesPass Action details Meeting details Not available
4/8/20246 Economic & Community Development Committee    Not available Meeting details Not available
12/21/20235 Village Board of Trustees passed on second readingPass Action details Meeting details Not available
12/7/20235 Village Board of Trustees passed on first readingPass Action details Meeting details Not available
11/13/20234 Economic & Community Development Committee approve as amendedPass Action details Meeting details Not available
7/20/20233 Village Board of Trustees waived of first reading and passed on second reading with suspension of the rulesPass Action details Meeting details Video Video
6/26/20233 Economic & Community Development Committee Recommended to the Board of Trustees with condition(s)Pass Action details Meeting details Not available
3/13/20233 Economic & Community Development Committee approved by the committeePass Action details Meeting details Not available
9/12/20222 Economic & Community Development Committee approved by the committeePass Action details Meeting details Not available
5/23/20221 Economic & Community Development Committee approved by the committeePass Action details Meeting details Not available

Title

Yorktown Reserve Economic Incentive Agreement - Fourth Amendment

The Economic & Community Development Committee recommends approval of a Fourth Amendment to the previously approved Yorktown Reserve Economic Incentive Agreement. This would further amend/replace the first amendment as it pertains to payout provisions during the three phases of advance activities (i.e., asbestos removal, demolition and other related costs previously identified in the amendment).   (DISTRICT #3)

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