Minutes - 08/15/2017 - Intergovernmental Joint Review BoardMINUTES OF THE AUGUST 15,20171NTERGOVERNMENTAL JOINT
田 VIEW BOARD MEETING OF THE VILLAGE'S TIF
MDEVELOPMENT PROJECT AMA OF THE VILLAGE OF OAK
BROOK APPROVED AS WRITTEN ON SEPTEMBER 18,2018.
CALL TO ORDER
Village Manager Riccardo Ginex called the meeting to order at 2:03 p.m. Introductions were made.
Those present: Riccardo Ginex, Village Manager, Robert Rychlicki, Kane, McKenna and Associates;
Jason Paprocki, Finance Director, Donna Bettin, Village Executive Secretary, Rebecca Von Drasek,
Planner, Development Services, Michael Mariani, York Township and Bonnie Gibellina, Oak Brook
Park District.
Absent: DuPage County, School District #58, High School District #99, and College of DuPage #502.
Duties and Purpose of Joint Review Board Meeting. Manager Ginex explained that the Duties and
Purpose of the Joint Review Board is to review annually what is going on with the T.I.F. The village
must file a report with the State Comptroller within 180 days of the annual TIF conception.
Election/Confirmation of Public Member - Resident member was not present.
Election/Confirmation of Chairperson
Bonnie Gibellina motioned to have Village Manager Rick Ginex serve as Chairperson of this meeting.
Seconded by Michael Mariani. Voice vote. Motioned carried.
Approval of the Meetine Minutes from the Aueust 21. 2014 Meeting.
Bonnie Gibellina motioned to approve the minutes from the August 2,2016 meeting. Seconded by
Michael Mariani. Voice vote. Motioned carried.
Review of Annual TIF Report
Bob Rychlicki explained the purpose of the report, the required certifications, required signatures and
the report audit. He continued to explain the process in which the State of Illinois Comptroller's office
puts together and forwards to the municipalities. This is a 12 month (1-year) period in accordance with
the municipality's fiscal year. He explained that the Village of Oak Brook is in compliance with the
requirements of the TIF. Bob Richlicki then discussed and review the different sections of the TIF
report and the progress of the TIF district. Discussion ensued regarding the expiration of the TIF
district. Bob explained that the TIF expires rn2029, with collection going until 2030.
Other Business - None
Adjournment
Michael Mariani motioned to adjourn the Joint Review Board meeting. Seconded by Bonnie Gibellina.
Voice vote. Motion carried. Meeting adjourned at2:15 p.m.
ATTEST:
多ル//
Executive Assistant
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