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180493
| 1 | | Upcoming Village Board Meeting Schedule | Request | Cancellation of the December 20, 2018 Village Board Meeting
Approval of the cancellation of the December 20, 2018 Village Board meeting. | to approve | Pass |
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170188
| 5 | | | Ordinance | 101 - 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) | continued | Pass |
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