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JOINT REVIEW BOARD MEETING
     DOWNTOWN TAX INCREMENT FINANCE DISTRICT
        WEDNESDAY, NOVEMBER 30, 2022 – 2:15 P.M.
           475 MAIN STREET, WEST CHICAGO, ILLINOIS
                 COUNCIL CHAMBERS


                    AGENDA


1.     Call to Order

2.     Roll Call

3.    Approval of October 7, 2021 Minutes

4.    Review of FY 2020 Annual TIF Report

5.     Public Comment

6.    Adjournment

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MINUTES

              JOINT REVIEW BOARD MEETING
     DOWNTOWN TAX INCREMENT FINANCE DISTRICT

                      Thursday, October 7, 2021


1.     Call to Order.

Michael Guttman called the meeting to order at 1:00 P.M.

2.     Roll Call and Establishment of a Quorum.

Roll call found in attendance: Karen Apostoli of West Chicago Elementary School District 33,
Nicole Prater of Winfield Township, Michael Gasparini of West Chicago Park District, Patrick
Tanner of West Chicago Fire Protection District, Benjamin Weseloh of West Chicago Public
Library District, Paul Hoss of DuPage County, and Michael Guttman of City of West Chicago.

Others in attendance included: Vince Malina of Rite-Way Automotive, and Tom Dabareiner and
Pete Kelly both of City of West Chicago.

3.    Approval of November 19, 2019 Minutes.

A motion was made by the West Chicago Public Library District and seconded by DuPage
County to approve the minutes from the November 19, 2019 Joint Review Board meeting. The
motion was approved unanimously via voice vote.

4.    Review of FY 2019 Annual TIF Report.

Pete Kelly reviewed the background of the existing Downtown TIF District and gave an
overview of the FY 2019 Annual TIF Report. The beginning FY 2019 TIF fund balance was
612,488, with $1,059,782 in revenues and 741,045 in expenditures, leaving a fund balance of
$931,225.

Mr. Guttman explained that the TIF is set to expire in 2023, and that the City Council has
directed the early termination of the TIF and establishing an updated TIF at a reduced size.
There was discussion about the process.

5.     Public Comment. None.


Joint Review Board Meeting Minutes
October 7, 2021

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