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JOINT REVIEW BOARD MEETING
    OLIVER SQUARE TAX INCREMENT FINANCE DISTRICT
         THURSDAY, SEPTEMBER 14, 2023 – 2:07 P.M.
           475 MAIN STREET, WEST CHICAGO, ILLINOIS
                 COUNCIL CHAMBERS


                    AGENDA


1.     Call to Order

2.     Roll Call

3.    Approval of July 5, 2023 Minutes

4.    Review of FY 2022 Annual TIF Report

5.     Public Comment

6.    Adjournment

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MINUTES

              JOINT REVIEW BOARD MEETING
     OLIVER SQUARE TAX INCREMENT FINANCE DISTRICT

                      Wednesday, July 5, 2023
              West Chicago City Hall, Council Chambers


1.  Call to Order.

Michael Guttman called the meeting to order at 2:30 P.M.

2.  Roll Call and Establishment of a Quorum.

Roll call found in attendance: Karen Apostoli of West Chicago Elementary School District 33,
Dan Oberg of West Chicago School District 94, Gina Radun of West Chicago Park District,
Patrick Tanner of West Chicago Fire Protection District, Benjamin Weseloh of West Chicago
Public Library District, and Michael Guttman of City of West Chicago.

Others in attendance included: Vince Malina of Rite-Way Automotive, Tim Reinbold of
Warrenville Park District, and Tom Dabareiner and Kelley Chrisse both of City of West
Chicago.

3. Approval of November 30, 2022 Minutes.

A motion was made by the West Chicago Public Library District and seconded by West Chicago
Fire Protection District to approve the minutes from the November 30, 2022 Joint Review Board
meeting. The motion was approved unanimously via voice vote.

4. Review of FY 2021 Annual TIF Report.

Kelley Chrisse noted the continued increase in EAV and an expectation that with the recent
completion of two new tenant build-outs that the EAV might reach the base EAV soon. Ms.
Chrisse provided an overview of the FY 2021 Annual TIF Report. The beginning FY 2021 TIF
fund balance was $144,561 with only one minor expense during the reporting period, which was
for legal consultation. The year end fund balance was $164,109.

Ms. Chrisse explained that the Mosaic Crossing Shopping Center property is again listed for sale
and the owner is negotiating a contract. Coincidentally, the adjacent Old Time Pottery property
is also listed for sale and there is an opportunity for both properties to be acquired by an investor


Joint Review Board Meeting Minutes
July 5, 2023

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