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220281
| 1 | | | Ordinance | D.R. Horton, Inc. Midwest (Summit at Yorktown) Economic Incentive Agreement - First Amendment
Staff requesting approval an Ordinance authorizing the First Amendment to the Economic Incentive Agreement between the Village of Lombard and D.R. Horton. The amendment would change the requisite completion dates for Developer to closing on the subject property, submit a construction timeline and submit applications for permits, as set forth within Section V of the Agreement . (DISTRICT #3) | Recommended to the Board of Trustees with condition(s) | Pass |
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220185
| 2 | | | Ordinance | 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) | approved by the committee | Pass |
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