|
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 |
Action details
|
Not available
|
|
220185
| 2 | | | Development Project | Yorktown Reserve Economic Incentive Agreement - Further Amendment
Synergy Development requests a further amendment to the previously approved Yorktown Reserve Economic Incentive Agreement. The request would parse the previously approved Tax Increment Financing funding components associated with the Phase I residential redevelopment and the Business District #2 Greenspace/Yorktown exterior improvements. All other provisions of the Agreement would remain in full force and effect. Staff seeks a recommendation from the ECDC for staff and Village Counsel to work with Synergy to prepare a further amended agreement for Village Board consideration.
(DISTRICT #3) | approved by the committee | Pass |
Action details
|
Not available
|