Minutes - 08/29/2019 - Intergovernmental Joint Review Board E OF OAK
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'0 MINUTES OF THE AUGUST 29, 2019 INTERGOVERNMENTAL JOINT REVIEW BOARD
® ® MEETING OF THE VILLAGE'S TIF REDEVELOPMENT PROJECT AREA OF THE
VILLAGE OF OAK BROOK APPROVED AS WRITTEN ON SEPTEMBER 16, 2020
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Call to Order
Village Manager, Riccardo Ginex, called the meeting to order at 2:00. Introductions were made
Present: Riccardo Ginex, Village Manager, Robert Rychlicki of Kane, McKenna and Associates, Jason Paprocki,
Finance Director, Connie Reid, Village Executive Secretary, Tony Budzikowski, Development Services Director, Todd
Drafall, Downers Grove School District 58 (arrived at 2:05)and Marco Salinas, Oak Brook Park District, Michael
Manzo, Village Trustee (arrived after meeting ended)
Absent: DuPage County, HighSchool 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 the effectives of
the TIF and to go over the Annual Report that is filed with the State Comptroller.
Election/Confirmation of Public Member—No Resident member was 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 September 18,2018 Meeting
Jason Paprocki questioned the expiration date, Robert Rychlicki explained that the obligation could be sooner but the
TIF runs a little longer. Rick Ginex motioned to approve the minutes from the September 18, 2018 meeting. Marco
Salinas seconded. Voice vote. Motion Carried.
Review of Annual TIF Report
Robert Rychlicki goes through the report that was filed with the state's Comptroller's Office. The printed forms are all
part of the Comptroller's requirement for the 12 month fiscal year, January 2018 to December 31, 2018. Robert
presents Jason Paprocki's certification stating that the information in the report is correct to the best of his knowledge.
Further certifications from the Village President and Village attorney stating that the Village has complied with the TIF
act for that 12 month period.Next is the independent audit stating that the Village has complied with regard to eligible
expenditures. This year is status quo. Robert went through the revenues and expenses. The report shows that the TIF is
performing adequately.
uestions
Todd Drafall asked about the area that this TIF affects, Robert explained that it is the Oak Brook Promenade shopping
center.
Adjournment
Manager Ginex motioned to adjourn the Joint Review Board meeting. Seconded by Marco Salinas. Voice vote.
Motion carried. Meeting adjourned at 2:15 pm.
ATTEST:
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Connie Reid Date
Executive Assistant