Village of Northbrook Board of Trustees met Oct. 30.
Here is the agenda provided by the board:
1. ROLL CALL
2. PLEDGE OF ALLEGIANCE
3. PUBLIC COMMENT
Please Note - Members of the public wishing to respectfully share thoughts about any matter concerning the Northbrook Board of Trustees may do so by coming to a meeting and speaking during the "Public Comment" time on general matters, or by speaking if and when comment is called during debate on a specific matter that is listed on the agenda. Members of the public can also submit a written comment via the Village's website. Each written comment submitted on the website will be delivered to each member of the Village Board prior to the meeting but will not be read out loud at the meeting unless specifically requested. Please note that while the Village Board will not immediately respond to public comments at the meeting, or engage in a back and forth discussion during the meeting, we are of course actively listening to all comments, thoughts, and suggestions. Thank you for your understanding and taking the time to contribute to the success of our community.
4. MANAGER'S REPORT
5. PRESIDENT'S REPORT
A. Approval Documents Related to the Termination of the 2019 Northbrook Court Redevelopment & Economic Incentive Agreement and 2019 Northbrook Court TIF District
As envisioned in the Pre-Development Agreement between the Village of Northbrook and Brookfield Properties approved on May 23, 2023, this is an initial step in the final approval process for all actions related to the redevelopment of Northbrook Court. The following documents are attached for consideration:
i. A Resolution Approving a Mutual Termination and Release of Redevelopment & Economic Incentive Agreement by, between, and among the Village of Northbrook, Northbrook Anchor Acquisition, LLC, Northbrook Court Residential Owner LLC, and Northbrook Court NewCo LLC
ii. An Ordinance Terminating the Designation of the Northbrook Court Tax Increment Financing Redevelopment Project Area and Dissolving the Northbrook Court Special Tax Increment Allocation Fund
B. Land Use Approval Documents Related to The Northbrook Court Planned Development
As discussed by the Village Board as part of the Public Hearing on August 29, 2023, the following resolution and ordinances have been prepared by the Village Attorney to approve various land use actions related to the redevelopment of Northbrook Court including:
i. A Resolution Approving a Combined Tentative and Final Plat of Subdivision - The Northbrook Court Planned Development
ii. An Ordinance Amending Articles V and XI of the Northbrook Zoning Code Relating to Regulations and Uses Within the C-4 Regional Shopping District
iii. An Ordinance Granting Special Permits for a Mixed Use Planned Development (including Combined Development Concept Plan and Final Plan Approval), and for Certain Specified Uses in the C-4 Regional Shopping District - The Northbrook Court Planned Development
C. Approval Documents Related to Establishment of the Northbrook Court II Tax Increment Financing and Northbrook Court Business District and Approval of the Northbrook Court Redevelopment and Economic Incentive Agreement As discussed by the Village Board at Public Hearings on August 22, 2023, the following ordinances and resolution have been prepared by the Village Attorney to establish both the new Northbrook Court II TIF District and the new Northbrook Court Business District and associated 1% business district sales tax at Northbrook Court via the following actions:
i. An Ordinance Approving a Tax Increment Financing Redevelopment Plan and Project for the Northbrook Court II Redevelopment Project Area
ii. An Ordinance Designating the Northbrook Court II Redevelopment Project Area Pursuant to the Tax Increment Allocation Redevelopment Act
iii. An Ordinance Adopting Tax Increment Allocation Financing for the Northbrook Court II Redevelopment Project Area
iv. A Resolution Expressing Official Intent regarding Certain Capital Expenditures within the Northbrook Court II Redevelopment Project Area to be Reimbursed from Proceeds of One or More Obligations to be Issued by the Village of Northbrook
v. An Ordinance Approving a Business District Plan for the Northbrook Court Business District and Designating the Northbrook Court Business District
vi. An Ordinance Imposing a Business District Retailers’ Occupation Tax and a Business District Service Occupation Tax Within the Northbrook Court Business District
vii. An Ordinance Approving a Redevelopment & Economic Incentive Agreement by, between, and among the Village of Northbrook, Northbrook Court NewCo LLC, and Northbrook Anchor Acquisition, LLC, and Providing for the Issuance of Notes, Terms of Notes, and Execution of Note Orders in Connection Therewith
6. CONSENT AGENDA
The matters listed for consideration on the Consent Agenda are matters that appear to have the unanimous support of the Board of Trustees. The Village President will review, designate the resolution or ordinance number for passage and then inquire if any member of the Board or member of the public objects to any item on the Consent Agenda. If any objections are raised, the matter will be removed from the Consent Agenda and relocated to a location on this agenda for consideration during the appropriate Board Committee report. If no objection is voiced, the Village President will request a motion and second for passage of all items listed. The resultant roll call vote on the Consent Agenda will be applicable to each individual agenda item.
7. ADMINISTRATION AND FINANCE
8. PLANNING AND ECONOMIC DEVELOPMENT
9. COMMUNITY AND SUSTAINABILITY
10. PUBLIC WORKS AND FACILITIES
11. PUBLIC SAFETY
12. COMMUNICATIONS AND OUTREACH
13. REMARKS FOR THE GOOD OF THE ORDER
14. ADJOURN
The Village of Northbrook is subject to the requirements of the Americans with Disabilities Act of 1990. Individuals with disabilities who plan to attend this meeting and who require certain accommodations in order to allow them to observe or participate in this meeting, or who have questions regarding the accessibility of the meeting or facilities, are requested to promptly contact the Village of Northbrook at (847) 272-5050, or the Illinois Relay Center at (800) 526-0844, to allow the Village of Northbrook to make reasonable accommodations for those persons.
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