Economic & Community Development Committee

Village Hall

Agenda — 12 items

1. 1.0 Call to Order and Pledge of Allegiance
2. 2.0 Roll Call
3. 3.0 Public Participation
4. 4.0 Approval of Minutes approved Pass
5. 5.0 Unfinished Business
6. 6.0 New Business
7. 7 Yorktown Reserve Economic Incentive Agreement - Fourth Amendment The Economic & Community Development Committee recommends approval of a Fourth Amendment to the previously approved Yorktown Reserve Economic Incentive Agreement. This would further amend/replace the first amendment as it pertains to payout provisions during the three phases of advance activities (i.e., asbestos removal, demolition and other related costs previously identified in the amendment). (DISTRICT #3) Recommended to the Board of Trustees with condition(s) Pass
8. 8 Grove Tavern Restaurant (2-8 W. St. Charles Road) The Economic & Community Development Committee recommends approval of a First Amendment to the grant approval for the project, which could result in utilization of the Downtown Business Grant (Economic Development Fund) in lieu of TIF funding, if the project is not fully complete by December 31, 2024. (DISTRICT #1) recommended to the Board of Trustees for approval Pass
9. 7.0 Other Business
10. 10 16 South Park Avenue - (Punky's) Consideration of a modification to the Punky’s approved Downtown Renovation & Improvement Grant to provide for the existing projecting sign to remain on the exterior façade. (DISTRICT #1)
11. 8.0 Information Only
12. 9.0 Adjournment adjourn