Meeting Name: Economic & Community Development Committee Agenda status: Final
Meeting date/time: 6/26/2023 7:00 PM Minutes status: Final  
Meeting location: Village Hall
THIS IS A SPECIAL MEETING
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
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220185 3  OrdinanceYorktown Reserve Economic Incentive Agreement - Third Amendment Lombard Development Manger LLC requests a Third Amendment to the previously approved Yorktown Reserve Economic Incentive Agreement. This amendment extends certain construction timelines, the funding obligation date and the date for the developer to close on a portion of the JCPenny tract. The amendment also adds a limited joinder provision for Reserve at Yorktown Phase 2 LLC to be added as a party to the Agreement for rights relating to the Phase 2 portion of the project. (DISTRICT #3)Recommended to the Board of Trustees with condition(s)Pass Action details Not available