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JOINT REVIEW BOARD MEETING
    OLIVER SQUARE TAX INCREMENT FINANCE DISTRICT
         MONDAY, SEPTEMBER 16, 2024 – 10:32 A.M.
           475 MAIN STREET, WEST CHICAGO, ILLINOIS
                 COUNCIL CHAMBERS


                    AGENDA


1.     Call to Order

2.     Roll Call

3.    Approval of September 14, 2023 Minutes

4.    Review of FY 2023 Annual TIF Report

5.     Public Comment

6.    Adjournment

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MINUTES

              JOINT REVIEW BOARD MEETING
     OLIVER SQUARE TAX INCREMENT FINANCE DISTRICT

                     Thursday, September 14, 2023
              West Chicago City Hall, Council Chambers


1.  Call to Order.

Michael Guttman called the meeting to order at 2:11pm.

2.  Roll Call and Establishment of a Quorum.

Roll call found in attendance: 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, Randy Ramey of Wayne Township, and
Michael Guttman of City of West Chicago.

Others in attendance included: Nicole Prater of Winfield Township, 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 July 5, 2023 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 July 5, 2023 Joint Review Board
meeting. The motion was approved unanimously via voice vote.

4. Review of FY 2022 Annual TIF Report.

Kelley Chrisse noted the reporting year EAV has now exceeded the base EAV due to continued
increases over the past few years. Ms. Chrisse provided an overview of the FY 2022 Annual TIF
Report. The beginning FY 2022 TIF fund balance was $164,109 and without any activities or
expenses, the year end fund balance was $185,354.

Ms. Chrisse explained the status of the Mosaic Crossing Shopping Center property as being
under contract but the proposed buyer has not yet made contact. The adjacent Old Time Pottery
property is also listed for sale but the opportunity for both properties to be acquired by an
investor is hindered with the contract on Mosaic’s property.


Joint Review Board Meeting Minutes
September 14, 2023

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