JRB Mins 8-14-17 CITY OF DES PLAINES
TAX INCREMENT FINANCING DISTRICT
ANNUAL JOINT REVIEW BOARD MEETING MINUTES
AUGUST 14, 2017
1. Welcome by City Representative
Michael McMahon introduced himself & welcomed everyone to today’s meeting.
2. Call to Order
Michael McMahon opened the meeting at 10:01 a.m. at City Hall, 1420 Miner Street,
Room 101, Des Plaines, IL
3. Roll Call (in attendance)
Michael Bartholomew City Manager, City of Des Plaines
Mary Kalou Assistant Superintendent, School District 207
Nelson Gray Assistant Superintendent, School District 62
Michael Vilendrer Dir. of Maintenance, Oper., & Trans., School District 62
Cathy Johnson Associate Superintendent, School District 214
George Giese Manager of Administration, Mt. Prospect Park District
Don Miletic Executive Director, Des Plaines Park District
Barb Barrera Superintendent of Business, Des Plaines Park District
Walter Kazmierczak Highway Commissioner, Maine Township
Ellen A. Yearwood Public Member
Also Attended:
Michael McMahon Director of Community & Econ. Dev., City of Des Plaines
Dorothy Wisniewski Assistant City Manager/Dir. of Finance, City of Des Plaines
Lauren Pruss Coordinator, City of Des Plaines
Lauren Griffin Administrative Assistant, City of Des Plaines
Bob Rychlicki Kane McKenna & Associates, Inc./TIF Consultant
Gale Cerabona Recording Secretary
4. Election/Confirmation of Chair
A motion was made by Michael Bartholomew, seconded by Nelson Gray, to elect and
confirm Director, Michael McMahon, as Chair for the meeting.
On a voice vote:
AYES: All
NAYS: None
Motion: CARRIES
5. Election/Confirmation of Public Member
A motion was made by Michael Bartholomew, seconded by Cathy Johnson, to elect
and confirm Ellen Yearwood as Public Member for the meeting.
On a voice vote:
AYES: All
NAYS: None
Motion: CARRIES
6. Approval of Minutes: August 15, 2016
A motion was made by Michael Bartholomew, seconded by Barb Barrera, to alter
reviewed with renewed on last page and approve the August 15, 2016 minutes as
amended.
On a voice vote:
AYES: All
NAYS: None
Motion: CARRIES
7. Public Comment: There were no comments.
8. Review of Activities in District &
9. Review of 2015 State Comptroller’s Report
Michael McMahon introduced Bob Rychlicki who reminded that typically TIF
District No. 3 is at the forefront of the agenda. There were no objections.
A motion was made by Ellen Yearwood, seconded by Walter Kazmierczak, to move
TIF District No. 3 to the beginning of the agenda.
On a voice vote:
AYES: All
NAYS: None
Motion: CARRIES
TIF District No. 3 Overview
Bob Rychlicki reminded that the format, sections, and pages are derived from the
State of Illinois Comptroller’s Office. He noted exhibits, activity, and receipts.
Bob Rychlicki advised certifications are in compliance, legal aspects are noted, and
there is auditor compliance. He referred to Page 2 per new TIF agreements, fiscal
information, etc. He noted there are no redevelopment agreements, no new financing;
status quo. There are 2 industrial buildings in this TIF (12 years).
Bob Rychlicki referred to Section 3.1 stating fiscal activity actualized a property tax
increment of $752,580 with interest of $12 for a total amount deposited in special tax
allocation of $752.592.
Bob Rychlicki then referred to Section 3.3 noting remainder of bonds. Class B has not
been removed. EAV is increasing. Michael Bartholomew concurred and stated 6Bs
are not being removed or granted at all.
Barb Barrera asked and Bob Rychlicki confirmed that the last payment is in 2036.
A motion was made by Ellen Yearwood, seconded by Cathy Johnson, to accept the
TIF No. 3 report.
On a voice vote:
AYES: All
NAYS: None
Motion: CARRIES
TIF District No. 1 Overview
Bob Rychlicki noted this is the City’s downtown District, the oldest and largest TIF.
The expiration date is 2020 with final payment in 2021.
Bob Rychlicki noted this has the same certifications as TIF No. 3; no amendments,
new redevelopments, or financings, etc. He highlighted a property tax increment of
$5,076,742, interest of $7,815, with a special tax allocation of $5,084,557.
Bob Rychlicki referenced Section 3.2 A&B noting utilization (1/3 is outstanding debt,
1/3 is capital improvement professional and redevelopments agreements, etc.). There
are 3 debt issues remaining. EAV is $20,262,187.
This TIF is on par and returns will be passed onto the districts.
Mary Kalou asked if the reimbursement is maintenance and parking garages. Dorothy
Wisniewski noted ongoing projects (streetscape).
Michael Bartolomew advised there are 7-8 Phases (pending PACE Bus Shelter, etc.).
Ellen Yearwood asked if there could be a map noted in future presentations. Same
was illustrated, and Bob Rychlicki advised it will be in the next report.
Nelson Gray advised the veto is impacting schools.
Lauren Pruss indicated TIF locations on map.
A motion was made by Mary Kalou, seconded by Nelson Gray, to accept the TIF No.
1 report.
On a voice vote:
AYES: All
NAYS: None
Motion: CARRIES
TIF District No. 5 Overview
Bob Rychlicki noted this is a parking lot (Shop & Save). There were no new
redevelopments, debt issues, etc.
Bob Rychlicki advised this expires in 2025 and noted there are no amendments, new
redevelopments, or financings, etc. He noted a property tax increment of $105,905
with $2 in interest totaling $105,907. There is a bond issue outstanding.
Base EAV is 794,127.
Michael Bartholomew advised it decreased 20% (and surmised taxes were appealed);
Bob Rychlicki will review same.
Michael McMahon noted there should be a redevelopment agreement which he will
review.
A motion was made by Ellen Yearwood, seconded by Mary Kalou, to accept the TIF
No. 5 report.
On a voice vote:
AYES: All
NAYS: None
Motion: CARRIES
Nelson Gray asked if there are plans to extend. Michael McMahon stated there are
not.
TIF District No. 6 Overview
Bob Rychlicki advised this is the same schedule as TIF No. 5 with final payment in
2025. He noted this was amended in 2014 and referred to the map (highlighting
Starbucks, Potbelly).
Bob Rychlicki advised there are no amendments, new redevelopments, or financings;
status quo. He indicated a property tax increment of $42,942 with $26 in interest
totaling $42,968. Bonds are identified in Section 3.3.
Base EAV is $2,136,807.
Barb Barrera asked if this is fully developed. Bob Rychlicki concurred and noted
there are 3 uses.
A motion was made by Nelson Gray, seconded by Mary Kalou, to accept the TIF 6
report.
On a voice vote:
AYES: All
NAYS: None
Motion: CARRIES
TIF District No. 7 Overview
Bob Rychlicki advised this is the City’s newest TIF (that came out of TIF No. 6);
sharing of revenues (excludes McDonald’s redevelopment of Orchards at O’Hare).
A redevelopment agreement is in the package (hotel, car wash, etc.).
Property tax increment of $292 (with some capital expenditures).
Nelson Gray asked if there is a connection to Rosemont Park District. Michael
Bartholomew illustrated TIF 7 and noted the City acquired it (which was fully
developed then demolished). He noted just recently ownership was transferred to the
developer. Remaining piece is slated for removal from the floodplain. Construction is
taking place (bridge), etc. and will begin this year. An area that MB Financial owns
was referenced and noted that progress is being made.
Mary Kalou asked if the land sale closed. Michael Bartholomew replied in the
affirmative, in 2017.
A motion was made by Mary Kalou, seconded by Ellen Yearwood, to accept the TIF
No. 7 report.
On a voice vote:
AYES: All
NAYS: None
Motion: CARRIES
Bob Rychlicki thanked everyone for participating.
10. Questions from Board Members
Nelson Gray inquired about a separate meeting on 6Bs. Lauren Griffin advised none
were in a TIF distribution. Michael Bartholomew noted, with proforma, $4,000,000
will be generated in property tax. This impacts Districts 59 & 214.
Lauren Pruss advised an analysis was run (these have applied for vacancy relief) and
is a win-win. Nelson Gray noted occupying users are requesting same.
Nelson Gray thanked Bob Rychlicki for this report.
Michael McMahon advised Northwest Millwork is later in the year.
Michael Bartholomew stated the City’s standpoint is not in favor of 7Bs or 6Bs.
11. Adjournment
A motion was made by Ellen Yearwood, seconded by Nelson Gray, to adjourn the
meeting at 10:43 a.m.
On a voice vote:
AYES: All
NAYS: None
Motion: CARRIES
Respectfully submitted,
Gale Cerabona
Recording Secretary