City of Evanston Economic Development Committee met Oct. 28.
Here is the agenda provided by the committee:
As the result of an executive order issued by Governor J.B. Pritzker suspending in -person attendance requirements for public meetings, Economic Development Committee members and City staff will be participating in this meeting remotely.
1. CALL TO ORDER/DECLARATION OF A QUORUM
2. SUSPENSION OF THE RULES
3. APPROVAL OF MEETING MINUTES
A. Minutes from September 23, 2020
4. PUBLIC COMMENT
5. ITEMS FOR CONSIDERATION
A. Request for Funding for the 2020 Great Merchants Grant Program
For Action, Economic Development staff recommends approval to provide financial assistance totaling $5,948 through the Great Merchants Grant Program to the following Evanston affinity group and business district: Evanston Made - $1,260; and Central Street Business Association - $4,688. Staff recommends utilizing the Economic Development Business District Improvement Program (Account 100.15.5300.65522). The balance as of October 23, 2020, is $89,792.58. For Action
B. Approval of Special Service Area #6 (Main Dempster Mile) Levy Totaling $221,000
Business of the City by Motion (For Action) Special Service Area #6 Main Dempster Mile Account # 350.99.3500.62272 For Action
C. Approval of Special Service Area #7 (Central Street East) Levy Totaling $115,000
Business of the City by Motion (For Action) Special Service Area #7 Main Dempster Mile Account # 355.99.3557.62517 For Action
D. Approval of Special Service Area #8 (Central Street West) Levy Totaling $60,200
Business of the City by Motion (For Action) Special Service Area #7 Main Dempster Mile Account # 360.99.3608.62517 For Action
E. Approval of Special Service Area #9 (Downtown Evanston/EvMark) Levy Totaling $610,995.
Business of the City by Motion (For Action) Special Service Area #9 Downtown Evanston Operations Account # 210.21.5160.62517 For Action
F. Creation of a New Tax Increment Finance District in Fifth Ward
For Action, staff seeks the Economic Development Committee approval to proceed with consulting services to study the feasibility of creating a new TIF district focused on economic development in the Fifth Ward. Staff proposes the Economic Development Consulting Services Acct 100.15.5300.62185. The balance as of October 23, 2020 is $4,900. For Action
6. ITEMS FOR DISCUSSION
A. Renewal of the Storefront Modernization Program for 2021
For Discussion (Staff Seeks Direction) Business District Improvement Account # 100.15.5300.65522. The proposed budget for 2021 is $150,000. A portion of that funding could be allocated to a Storefront Modernization Program. In addition, CDBG is a potential source as is TIF funding if property is within a TIF district
7. COMMUNICATION
A. Monthly Economic Development Communication
B. Announcements/Updates from EDC Members
8. ADJOURNMENT
https://www.cityofevanston.org/home/showdocument?id=59913
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