Item Coversheet

Item: Report of the C-O-W Meeting of Aug. 25 - TIF IV Developer
Department: Village Manager's Office
 

Report of the Committee-of-the-Whole Meeting of August 25, 2014

 

TIF IV Developer Selection

Trustee Farwell moved, seconded by Trustee Rosenberg that the Committee-of- the-Whole recommend to the Village Board that the Board designate Steve Leonard as Developer of the portion of TIF 4 South of Council Trail through to Golf Road, for a period of 12 months with one three-month extension, and that the Board directs staff to commence negotiations on a development agreement with Mr. Leonard.

 

The motion passed unanimously.


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