File #: 220185    Version: Name:
Type: Ordinance Status: Passed
File created: 5/17/2022 In control: Village Board of Trustees
On agenda: Final action: 6/20/2024
Title: Yorktown Reserve Economic Incentive Agreement - Second Amendment Lombard Development Manger LLC requests a Second Amendment to the previously approved Yorktown Reserve Economic Incentive Agreement. This amendment extends certain construction timelines and milestones, the funding obligation date and the date for the developer to close on a portion of the JCPenny tract. (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
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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 - Second Amendment

Lombard Development Manger LLC requests a Second Amendment to the previously approved Yorktown Reserve Economic Incentive Agreement.  This amendment extends certain construction timelines and milestones, the funding obligation date and the date for the developer to close on a portion of the JCPenny tract. (DISTRICT #3)

Body

[Enter body here.]