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220281
| 1 | | | Ordinance | D.R. Horton, Inc. Midwest (Summit at Yorktown) Economic Incentive Agreement - First Amendment
Staff requesting approval an Ordinance authorizing the First Amendment to the Economic Incentive Agreement between the Village of Lombard and D.R. Horton. The amendment would change the requisite completion dates for Developer to closing on the subject property, submit a construction timeline and submit applications for permits, as set forth within Section V of the Agreement . (DISTRICT #3) | Recommended to the Board of Trustees with condition(s) | Pass |
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220185
| 2 | | | Ordinance | Yorktown Reserve Economic Incentive Agreement - Fourth Amendment
The Economic & Community Development Committee recommends approval of a Fourth Amendment to the previously approved Yorktown Reserve Economic Incentive Agreement. This would further amend/replace the first amendment as it pertains to payout provisions during the three phases of advance activities (i.e., asbestos removal, demolition and other related costs previously identified in the amendment). (DISTRICT #3) | approved by the committee | Pass |
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