Meeting Name: Economic & Community Development Committee Agenda status: Final
Meeting date/time: 4/9/2018 7:00 PM Minutes status: Final  
Meeting location: Community Room
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
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180172 1  OrdinanceDowntown Lombard Area Improvement & Renovation Grant Program - Text Amendments to Section 36.30 of the Village Code and Companion Policy Ordinance approving code amendments to Section 36.30 of the Village Code and amendments to the Downtown Area Renovation and Improvement Grant Program. The amendments provide for additional funding opportunities for exterior accessibility enhancement and clarifies program requirements. (DISTRICTS #1, #4 & #5)approve as amendedPass Action details Not available
180171 1  Development ProjectRestaurant & Retail Business Incentive Program Overview of a proposed Restaurant and Retail grant program. (DISTRICT- ALL)   Action details Not available
170188 3  Ordinance101 - 109 S. Main Street Property - Redevelopment Agreement (RDA) Holladay Properties' Lilac Station Consideration and approval of a Redevelopment Agreement (RDA) between the Village of Lombard and Holladay Property Services Midwest, Inc.(the "Developer") that provides for: the sale of the property by the Village to the Developer, for $1,500,000.00; the redevelopment of the property with two (2) projects (the North Building Project - not to exceed 120 market rate luxury apartment units and between 3,000 and 4,000 square feet of commercial space; and the South Building Project - a 12,000 square foot commercial building); and economic incentives in relation thereto (up to $525,000.00 in TIF incremental revenues for the North Building Project and up to $500,000.00 in sales tax rebate revenues for the South Building Project). (DISTRICT #4)   Action details Not available