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Sangamon Sun

Thursday, April 18, 2024

Village of Rochester Board met April 18.

Meeting240

Village of Rochester Board met April 18.

Here is the minutes provided by the Board:

Village President Dave Armstrong called the meeting to order at 1:03 p.m.

Roll Call:

Village President Dave Armstrong

Trustees:

Harry Hendrickson

Stacia Munroe

Doug Zobrist

Dale Lanningham

President-Elect Joe Suerdeick

Trustee –Elect Matt Butcher

Jacob & Klein, Ltd

Steve Klein & Paul

Public:

John Stites

Bill Rodgers

Office:

Deb Elderton

Jan Sparling

Jacob & Klein, Ltd. Presented and overview of the breakdown of TIF, and the specifics of TIF in Rochester and used a working proposal as an example.

Handout 1 – Provided a basic delimitation of TIF

Public and Private re-development

Handout 2 – TIF Application and Review process

Handout 3- Oak Mill Estates- Project breakdown

Handout 4- TIF Re Development Agreement with John Stites

Handout 5- Sample Guidelines

Trustee Hendrickson made a motion to adjourn. Trustee Munroe seconded the motion. Unanimous aye vote. Motion passed.

Meeting adjourned 2:59 pm.

http://rochesteril.org/Websites/rochesteril/files/Content/5953477/4-18-17_Special_Board_Meeting_-_corrected.pdf

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