Minutes - 09/18/2018 - Intergovernmental Joint Review Board OF OgKe MINUTES OF THE SEPTEMBER 18, 2018 INTERGOVERNMENTAL
0 JOINT REVIEW BOARD MEETING OF THE VILLAGE'S TIF
0 0 REDEVELOPMENT PROJECT AREA OF THE VILLAGE OF OAK
0 BROOK APPROVED AS WRITTEN ON AUGUST 29,2019
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CALL TO ORDER
Village Manager Riccardo Ginex called the meeting to order at 10:00 a.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, and Bonnie Gibellina, Oak Brook Park District.
Absent: DuPage County, School District#58, High School District#99, York Township 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 of
Oak Brook 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
Village Manager Rick Ginex will serve as Chairperson of this meeting as determined by those present.
Approval of the Meeting Minutes from the August 15, 2017 Meeting.
Bonnie Gibellina motioned to approve the minutes from the August 15, 2017 meeting. Seconded by
Rick Ginex. 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 Rychlicki then reviewed and gave a brief explanation of the different
sections of the TIF report and the progress of the TIF district. Bob explained that the TIF expires in
2029, with collection going until 2030. Discussion ensued regarding the empty business areas in the
Promenade.
Other Business -None
Adjournment
Manager Ginex motioned to adjourn the Joint Review Board meeting. Seconded by Bonnie Gibellina.
Voice vote. Motion carried. Meeting adjourned at 10:14 a.m.
ATTEST:
Y�-
Donna L. Bettin Date
Executive Assistant