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CITY OF WEST CHICAGO

                    ECONOMIC DEVELOPMENT COMMISSION
                        AGENDA ITEM SUMMARY
ITEM TITLE:                                   AGENDA ITEM NUMBER:        5
2023 Economic Development Commission
Annual Report                                       COMMISSION AGENDA DATE:    01/23/2024

STAFF REVIEW: Kelley Chrisse, AICP               SIGNATURE

ITEM SUMMARY:
The Economic Development Commission (EDC) was established on March 21, 2022 via Ordinance 22-O-
0009 in order to facilitate economic growth and business development within the City of West Chicago.
The enabling ordinance requires that the EDC submit a written report to the City Council in February of
each year outlining the activities undertaken and work accomplished the prior year.

Attached is the inaugural Annual EDC Report for consideration.


ACTION PROPOSED:
Staff recommends approval of the 2023 Annual EDC Report to be presented to the City Council at a meeting
in February.

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WHERE HISTORY & PROGRESS MEET


                2023 ANNUAL REPORT TO THE CITY COUNCIL
             ECONOMIC DEVELOPMENT COMMISSION


In accordance with Chapter 2, Article VI, Division 10, Section 2-282 of the Code of Ordinances,
the Economic Development Commission hereby submits this annual report to the City Council
summarizing its activities from 2023. The Commission was established in 2022 to advise and make
recommendations to the City Council on economic development policy and issues that advance
the economy and prosperity.

During the year 2023, the Mayor appointed and the Council confirmed all seven Commissioners
to the newly created Commission.

The initial meeting was held on October 24, 2023 and served to provide an orientation to the
Commission on the current plans and economic development tools available. The Commission
agreed to meet on the fourth Tuesday of every third month (quarterly). The regularly scheduled
meetings in 2024 are: January 23, April 23, July 23, and October 22.

The Commission intends to evaluate the Façade Improvement Grant Program, Downtown Retail
& Restaurant Business Grant Program, and create a work plan for 2025 with associated
recommendations for the upcoming budget cycle.


                                                       475 Main Street        T 630.293.2200          Ruben Pineda
                                                                                                                      MAYOR
                                                          West Chicago, Illinois     F 630.293.3028
                                                                                                                   Michael L. Guttman
                                                     60185                   westchicago.org               CITY ADMINISTRATOR