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Economic & Community Development Committee

August 12, 2024 ·6:00 PM Final

Village Hall - Community Room

Agenda — 11 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 Business District 1: Economic Incentive Further Funding Request Introduction Pacific Retail Capital Partners (PRCP) is requesting an economic development incentive utilizing projected BD1 funds collected during the 2024-2029 period which would be allocated toward current and future development projects slated within its geographical boundaries. The ECDC is asked to review the request and direct staff and Village Counsel to work with PRCP to prepare a further incentive agreement for future Village Board consideration. 240258 approved by the committee Pass
  8. 7.0 Other Business
  9. 8.0 Information Only
  10. 10 Choose DuPage Presentation - Municipal Analytics Program August, 2024 Update and Initial Data Request As represented to the ECDC members at the June 10, 2024 meeting, Choose DuPage has access to data analytics for local business entities, prospective businesses and local governments. The ECDC unanimously authorized staff to become a MAP partner with Choose DuPage and staff will provide an update on this action. 240198
  11. 9.0 Adjournment adjourn