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Meeting Name: Economic & Community Development Committee Agenda status: Final
Meeting date/time: 7/12/2021 7:00 PM Minutes status: Final  
Meeting location: Village Hall
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
200210 2  Development ProjectDowntown Retail Business Grant; 5 S. Park Avenue Florence + Ice Cream (Time Extension Request) The applicant is requesting a time extension due to construction delays of an additional six-month period (i.e., until January 15, 2022) for their previously approved grant.approved by the committeePass Action details Not available
210224 1  RequestVillage Engagement Relative to Private Grant Applications The Economic and Community Development Committee recommends that the Village Board authorize the Village Manager and staff to file a grant application with the United States Department of Agriculture (USDA) for an Urban Agriculture and Innovative Production Grant in regard to the proposed Prairie Food Co-Op retail grocery store to be developed at 109 South Main Street, and recommends that the Village Manager and staff develop a written policy relative to such grant applications should the opportunity for additional grants arise in the future. The direction relative to the filing of the grant application only relates to the preparation and filing of the grant application. As such, should the USDA award the grant to the Village, the acceptance of the grant and the release of any funds pursuant to the grant would only occur upon the approval of a separate agreement, in relation thereto, by the Village Board, at a future.approvedPass Action details Not available
210223 1  OrdinanceBusiness Retention Economic Incentive Policy (Ordinance on Separate Action and First Reading) The Economic & Community Development Committee and the Finance & Administration Committee recommend that the Village Board adopt a Business Retention Economic Incentive Policy. This Policy would be funded from the proposed Economic Development Fund and supplements the previously approved Economic Incentive Policy. It would establish funding parameters and would establish eligibility and qualification criteria. Authority to create such a Policy is set forth within State Statutes (65ILCS 5/8-1-2.5).   Action details Not available