Meeting Name: Economic & Community Development Committee Agenda status: Final
Meeting date/time: 5/14/2018 7:00 PM Minutes status: Final  
Meeting location: Community Room
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
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180243 1  ResolutionDowntown Improvement & Renovation Grant; 105 W. St. Charles Road, Unit 101, Charred (Exterior Improvements) The ECDC recommends approval of a grant application for the Downtown Improvement and Renovation Grant Program (Façade Grant Program) for Charred located at 105 W. St. Charles Road. The applicant/business is seeking to install exterior improvements, including accessibility improvements. (DISTRICT #1)approved by the committee  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