File #: 230021    Version: Name: Ryan, LLC Professional Services Agreement Related to Lombard Downtown Tax Increment Financing (TIF) District Termination
Type: Request Status: On Consent Agenda
File created: 1/3/2023 In control: Village Board of Trustees
On agenda: Final action: 2/2/2023
Title: Ryan, LLC Professional Services Agreement Related to Lombard Downtown Tax Increment Financing (TIF) District Termination With the life of the Lombard Downtown TIF District terminating on December 31, 2023 and pursuant to State Statutes (65 ILCS 5/11-74.4-3.5(c)(50)), the ECDC recommends that the Village Board authorize the Village Manager to execute a Professional Services Agreement between the Village and Ryan, LLC relative to the future termination of the Downtown Lombard TIF District. (DISTRICTS #1 & #4)
Attachments: 1. 230021_ Lombard Downtown TIF District Termination, 2. BOARD MEETING 02-02-23 230021 Lombard Downtown TIF District Termination, 3. TIF power point 02022023.pdf, 4. Ryan LLC Downtown TIF District Termination.pdf, 5. Cover Page 230021.pdf

Title

Ryan, LLC Professional Services Agreement Related to Lombard Downtown Tax Increment Financing (TIF) District Termination

With the life of the Lombard Downtown TIF District terminating on December 31, 2023 and pursuant to State Statutes (65 ILCS 5/11-74.4-3.5(c)(50)), the ECDC recommends that the Village Board authorize the Village Manager to execute a Professional Services Agreement between the Village and Ryan, LLC relative to the future termination of the Downtown Lombard TIF District. (DISTRICTS #1 & #4)

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