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.