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Friday, November 22, 2024

River Forest Madison Street TIF Board to hold Q&A on revitalization plan

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Contributed photo

Contributed photo

The River Forest Madison Street TIF District Joint Review Board will hold a question-and-answer session on the revitalization plan at its next meeting 2 p.m. Friday at River Forest Village Hall, First Floor Community Room, 400 Park Ave.

The River Forest Madison Street TIF District Joint Review Board was formed as part of a revitalization plan for a stretch of Madison Street, between Thatcher and Lathrop Avenues, which would be funded through tax-increment financing (TIF).

Below is the agenda for this meeting, as provided by the board.

NOTICE OF MEETING

RIVER FOREST MADISON STREET TIF DISTRICT

JOINT REVIEW BOARD

Notice is hereby given to all interested parties that, pursuant to the

requirements of 65 ILCS 5/11-74.4-1, et seq., a special meeting of the

Joint Review Board for the proposed River Forest Madison Street Tax

Increment Financing District will be held on Friday, June 3, 2016, at 2:00

p.m., at the River Forest Village Hall, First Floor Community Room, 400

Park Avenue, River Forest, Illinois 60305. Said meeting will be open to the

public. A copy of the Agenda for said meeting is attached.

VILLAGE OF RIVER FOREST

By: Sharon Halperin

Village Clerk

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AGENDA

JOINT REVIEW BOARD SPECIAL MEETING

RIVER FOREST MADISON STREET

TAX INCREMENT FINANCING DISTRICT

FRIDAY, JUNE 3, 2016, 2:00 P.M.

I. Call Meeting to Order

II. Roll Call of Joint Review Board Members:

Member

1. Village of River Forest

2. County of Cook

3. River Forest Township

4. Triton Community College District 504

5. River Forest Public Schools District 90

6. Oak Park and River Forest Consolidated High School

District 200

7. River Forest Park District

III. Appointment of Julie Raino as the Public Member of the Joint Review Board

IV. Appointment of the Chairperson of the Joint Review Board

V. Overview of Joint Review Board Statutory Duties in regard to the proposed

establishment of the Madison Street Tax Increment Financing District (Gregory T. Smith

of Klein, Thorpe and Jenkins, Ltd.)

VI. Overview of the proposed Redevelopment Project Area for the Madison Street Tax

Increment Financing District, along with the Eligibility Report, Housing Impact Study and

the Redevelopment Plan and Project in relation thereto (Village Staff and Robert

Rychlicki of Kane McKenna)

VII. Public Comments

VIII. Joint Review Board Question and Answer Period (including requests for any additional

information for the next Joint Review Board meeting)

IX. Scheduling next meeting of the Joint Review Board to make a Recommendation to the

River Forest Village Board

X. Adjournment

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