P U B L I C N O T I C E

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1 P U B L I C N O T I C E TO WHOM IT MAY CONCERN: NOTICE IS HEREBY GIVEN that a SPECIAL MEETING of the WARRENVILLE TAX INCREMENT FINANCING (TIF) JOINT REVIEW BOARD for TIF DISTRICT #1 Will begin at: 10:00 a.m. On: Friday, November 6, 2015 At: Purpose: Warrenville City Hall Council Chambers 28W701 Stafford Place Warrenville, Illinois Overview of the TIF #1 Annual Report and Activities within the TIF District during the period covered by said Annual Report All interested persons will be given an opportunity to be heard at the aforementioned meeting. Comments concerning the subject of the meeting may be submitted prior to the date of such meeting, as follows: City of Warrenville c/o Marie Lupo, Administrative Assistant Community Development Department 3S258 Manning Avenue Warrenville, Illinois This notice is given pursuant to 5 ILCS 120/1 (1991). Date: Emily J. Larson, City Clerk ALL INTERESTED PARTIES ARE INVITED TO ATTEND In compliance with the Americans with Disabilities Act and other applicable federal and state laws, the City of Warrenville meetings will be accessible to individuals with disabilities. Persons requiring auxiliary aids and services should contact the Assistant City Administrator/Accessibility Coordinator, 28W701 Stafford Place, Warrenville, Illinois 60555, or call (630) , or jmcmahon@warrenville.il.us prior to the meeting to advise her of their anticipated attendance. For editorial information only: Daily Herald, Suburban Tribune

2 P U B L I C N O T I C E TO WHOM IT MAY CONCERN: NOTICE IS HEREBY GIVEN THAT MORE THAN THREE (3) MEMBERS OF THE CITY COUNCIL CORPORATE AUTHORITIES MAY BE PRESENT AT THE WARRENVILLE TAX INCREMENT FINANCING (TIF) JOINT REVIEW BOARD FOR TIF DISTRICT #1 To be held on: Friday, November 6, 2015 At the hour of: At: Purpose: 10:00 a.m. Warrenville City Hall Council Chambers 28W701 Stafford Place Warrenville, IL Overview of the TIF #1 Annual Report and Activities within the TIF District during the period covered by said Annual Report. While more than three (3) of the Corporate Authorities may be present, no action will be taken by the Corporate Authorities. This notice is given pursuant to 5 ILCS 120/1 (1991). Date: Emily J. Larson, City Clerk ALL INTERESTED PARTIES ARE INVITED TO ATTEND In compliance with the Americans with Disabilities Act and other applicable federal and state laws, the City of Warrenville meetings will be accessible to individuals with disabilities. Persons requiring auxiliary aids and services should contact the Assistant City Administrator/Accessibility Coordinator, 28W701 Stafford Place, Warrenville, Illinois 60555, or call (630) , or jmcmahon@warrenville.il.us prior to the meeting to advise her of their anticipated attendance. For editorial information only: Daily Herald, Suburban Tribune

3 CITY OF WARRENVILLE TAX INCREMENT FINANCING DISTRICT #1 (CANTERA) JOINT REVIEW BOARD SPECIAL MEETING FRIDAY, NOVEMBER 6, 2015, 10:00 A.M. City Hall, Council Chambers, 28W701 Stafford Place, Warrenville, Illinois A G E N D A I. Call to Order II. III. IV. Roll Call Approval of the Minutes from the November 13, 2014, Meeting Overview of the TIF Annual Report by City Staff V. Overview of Activities within the TIF District by City Staff 1. City Capital Projects 2. Redevelopment Activity 3. Miscellaneous Activities VI. VII. VIII. Joint Review Board Question and Answer Period Public Comment Adjourn ADA ACCOMMODATIONS NOTICE: Requests for accommodations should be submitted to the Assistant City Administrator at (630) or jmcmahon@warrenville.il.us at least 48 hours in advance of the meeting. KINDLY TURN OFF ALL ELECTRONIC DEVICES, AS THEY INTERFERE WITH SOUND TRANSMISSION IN COUNCIL CHAMBERS.

4 CITY OF WARRENVILLE TAX INCREMENT FINANCING DISTRICT #1 (CANTERA) JOINT REVIEW BOARD Minutes of Annual Meeting Held on Thursday, November 13, 2014 At Warrenville City Hall 28W701 Stafford Place I. CALL TO ORDER Chairman Diane Dillow called the meeting of the TIF #1 Joint Review Board to order at 10:00 a.m. II. ROLL CALL The following taxing districts were represented: City of Warrenville: David Brummel, Mayor Warrenville Park District: Diane Dillow, Executive Director Warrenville Library District: Sandra Whitmer, Director Warrenville Fire District: Dennis Rogers, Fire Chief Community Unit School District #200: Bill Farley, Assistant Superintendent College of DuPage District #502: Bruce Schmiedl, Facilities, Planning and Development Director Community Unit School District #203: Brad Cauffman, Chief Financial Officer DuPage County Development Commission: Paul Lauricella, Zoning Coordinator DuPage County Health Department: Dennis Brennan, External Affairs Manager The following taxing districts were not represented: Winfield Township Illinois Department of Commerce & Economic Opportunity Naperville Township Naperville Park District Forest Preserve District of DuPage Winfield Township Road District DuPage Airport Authority DuPage Water Commission Also present: City Administrator John Coakley City Consulting Attorney Thomas Bayer City Finance Director Kevin Dahlstrand Community Development Director Ron Mentzer Public Member David Franklin Recording Secretary Marie Lupo

5 Minutes of TIF #1 Joint Review Board Meeting Held on November 13, 2014 Page 2 III. APPROVAL OF MINUTES BILL FARLEY MOVED, seconded by Sandra Whitmer, to approve the minutes of the December 13, 2013, regular annual meeting of the TIF #1 Joint Review Board. MOTION ADOPTED VIA VOICE VOTE. IV. OVERVIEW OF TIF ANNUAL REPORT AND ACTIVITIES City Administrator Coakley directed attention to the TIF District # Annual Report, which reflects no financial activity for the past year, since the TIF was closed in Another meeting will take place next year, as the City has closed the fund this year following the settlement of long-term litigation. V. JOINT REVIEW BOARD QUESTION AND ANSWER PERIOD There were no questions or comments from the Joint Review Board. VI. PUBLIC COMMENT Bob Siebert, Albright Court resident, requested proper identification of the 2.2 million reflected as land held for resale on Attachment K and L of the Annual Report. Finance Director Dahlstrand stated that the page he was referring to is from the city s comprehensive annual report, and the 2.2 million figure is not a TIF expenditure. Only one column on that attached page is related to the TIF #1 annual report, which should be identified by a box around the column. Unfortunately, the box did not reprint on the copies provided for the meeting. Finance Director Dahlstrand continued, stating that the purchase Mr. Siebert was inquiring about was the Musselman property purchase, but the funding was a loan derived from the Water and Sewer Fund, and not a TIF expenditure. Mr. Siebert questioned a 983,661 land purchase reflected in the Annual Report; Finance Director Dahlstrand replied he would check the cumulative figure to confirm its accuracy. City Administrator Coakley stated that prior to the close of TIF #1, the City purchased two parcels on the south side of Warrenville Road, immediately west of the BP gas station. Mr. Siebert inquired whether the deficit funds would be taken from the citizens, and questioned if the City would offset the deficit with the proceeds from the future sale of the two parcels. He asked if there were any other assets that would be resold or become revenue. City Administrator Coakley replied, no, he was not aware of any other such assets. In the spirit of transparency, Mr. Siebert requested a summary sheet of TIF #1 assets purchased with TIF #1 funds that are under City ownership and could affect TIF #1 s revenue, for residents and taxing districts thorough accounting of TIF #1. City Administrator Coakley replied he did not see the value in expending the staff time to create such a list, as the TIF was closed five years ago. Chairman Dillow inquired whether such expenditures were reported previously, and City Administrator Coakley replied in the affirmative, and confirmed the report was cumulative and the numbers tally from a multi-year time period. Chairman Dillow stated the Board would take Mr. Siebert s request for a summary sheet under consideration.

6 Minutes of TIF #1 Joint Review Board Meeting Held on November 13, 2014 Page 3 VII. ADJOURN BILL FARLEY MOVED, seconded by Dennis Rogers, to adjourn. MOTION ADOPTED VIA VOICE VOTE. The meeting adjourned at 10:15 a.m. Approved: Marie Lupo, Recording Secretary

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9 SECTION 2 [Sections 2 through 5 must be completed for each redevelopment project area listed in Section 1.] FY 2015 Name of Redevelopment Project Area: CATERA RPA Primary Use of Redevelopment Project Area*: MIXED If "Combination/Mixed" List Component Types: RETAIL COMMERICAL, INDUS Under which section of the Illinois Municipal Code was Redevelopment Project Area designated? (check one): Tax Increment Allocation Redevelopment Act x Industrial Jobs Recovery Law No Were there any amendments to the redevelopment plan, the redevelopment project area, or the State Sales Tax Boundary? [65 ILCS 5/ (d) (1) and 5/ (d) (1)] If yes, please enclose the amendment labeled Attachment A X Certification of the Chief Executive Officer of the municipality that the municipality has complied with all of the requirements of the Act during the preceding fiscal year. [65 ILCS 5/ (d) (3) and 5/ (d) (3)] Please enclose the CEO Certification labeled Attachment B Opinion of legal counsel that municipality is in compliance with the Act. [65 ILCS 5/ (d) (4) and 5/ (d) (4)] Please enclose the Legal Counsel Opinion labeled Attachment C Were there any activities undertaken in furtherance of the objectives of the redevelopment plan, including any project implemented in the preceding fiscal year and a description of the activities undertaken? [65 ILCS 5/ (d) (7) (A and B) and 5/ (d) (7) (A and B)] If yes, please enclose the Activities Statement labeled Attachment D X Were any agreements entered into by the municipality with regard to the disposition or redevelopment of any property within the redevelopment project area or the area within the State Sales Tax Boundary? [65 ILCS 5/ (d) (7) (C) and 5/ (d) (7) (C)] If yes, please enclose the Agreement(s) labeled Attachment E X Is there additional information on the use of all funds received under this Division and steps taken by the municipality to achieve the objectives of the redevelopment plan? [65 ILCS 5/ (d) (7) (D) and 5/ (d) (7) (D)] If yes, please enclose the Additional Information labeled Attachment F X Did the municipality's TIF advisors or consultants enter into contracts with entities or persons that have received or are receiving payments financed by tax increment revenues produced by the same TIF? [65 ILCS 5/ (d) (7) (E) and 5/ (d) (7) (E)] If yes, please enclose the contract(s) or description of the contract(s) labeled Attachment G X Were there any reports or meeting minutes submitted to the municipality by the joint review board? [65 ILCS 5/ (d) (7) (F) and 5/ (d) (7) (F)] If yes, please enclose the Joint Review Board Report labeled Attachment H Were any obligations issued by municipality? [65 ILCS 5/ (d) (8) (A) and 5/ (d) (8) (A)] If yes, please enclose the Official Statement labeled Attachment I X Was analysis prepared by a financial advisor or underwriter setting forth the nature and term of obligation and projected debt service including required reserves and debt coverage? [65 ILCS 5/ (d) (8) (B) and 5/ (d) (8) (B)] If yes, please enclose the Analysis labeled Attachment J X Cumulatively, have deposits from any source equal or greater than 100,000 been made into the special tax allocation fund? 65 ILCS 5/ (d) (2) and 5/ (d) (2) If yes, please enclose Audited financial statements of the special tax allocation fund labeled Attachment K Cumulatively, have deposits of incremental taxes revenue equal to or greater than 100,000 been made into the special tax allocation fund? [65 ILCS 5/ (d) (9) and 5/ (d) (9)] If yes, please enclose a certified letter statement reviewing compliance with the Act labeled Attachment L A list of all intergovernmental agreements in effect in FY 2010, to which the municipality is a part, and an accounting of any money transferred or received by the municipality during that fiscal year pursuant to those intergovernmental agreements. [65 ILCS 5/ (d) (10)] If yes, please enclose list only of the intergovernmental agreements labeled Attachment M X * Types include: Central Business District, Retail, Other Commercial, Industrial, Residential, and Combination/Mixed. Yes X X X X X WARRENVILLE CANTERA RPA

10 SECTION (65 ILCS 5/ (d) (5) and 65 ILCS 5/ (d) (5)) Provide an analysis of the special tax allocation fund. FY 2015 TIF NAME: WARRENVILLE CANTERA RPA Fund Balance at Beginning of Reporting Period (639,558) Revenue/Cash Receipts Deposited in Fund During Reporting FY: Reporting Year Cumulative* % of Total Property Tax Increment 91,886,286 81% State Sales Tax Increment 4,908,755 4% Local Sales Tax Increment 4,791,864 4% State Utility Tax Increment 0% Local Utility Tax Increment 0% Interest 2,268,791 2% Land/Building Sale Proceeds 0% Bond Proceeds 9,232,764 8% Transfers from Municipal Sources 639, ,389 1% Private Sources 0% Other (identify source ; if multiple other sources, attach schedule) 39,464 0% *must be completed where current or prior year(s) have reported funds Total Amount Deposited in Special Tax Allocation Fund During Reporting Period 639,558 Cumulative Total Revenues/Cash Receipts 113,885, % Total Expenditures/Cash Disbursements (Carried forward from Section 3.2) Distribution of Surplus Total Expenditures/Disbursements NET INCOME/CASH RECEIPTS OVER/(UNDER) CASH DISBURSEMENTS 639,558 FUND BALANCE, END OF REPORTING PERIOD* * if there is a positive fund balance at the end of the reporting period, you must complete Section 3.3 SURPLUS*/(DEFICIT)(Carried forward from Section 3.3) (34,509,888) WARRENVILLE CANTERA RPA

11 SECTION 3.2 A- (65 ILCS 5/ (d) (5) and 65 ILCS 5/ (d) (5)) FY 2015 TIF NAME: WARRENVILLE CANTERA RPA ITEMIZED LIST OF ALL EXPENDITURES FROM THE SPECIAL TAX ALLOCATION FUND (by category of permissible redevelopment cost, amounts expended during reporting period) FOR AMOUNTS >10,000 SECTION 3.2 B MUST BE COMPLETED Category of Permissible Redevelopment Cost [65 ILCS 5/ (q) and 65 ILCS 5/ (o)] Amounts Reporting Fiscal Year 1. Costs of studies, administration and professional services Subsections (q)(1) and (o) (1) 2. Cost of marketing sites Subsections (q)(1.6) and (o)(1.6) - 3.Property assembly: property acquisition, building demolition, site preparation and environmental site improvement costs. Subsections (q)(2), (o)(2) and (o)(3) - 4.Costs of rehabilitation, reconstruction, repair or remodeling of existing public or private buildings. Subsection (q)(3) and (o)(4) - 5. Costs of construction of public works and improvements. Subsection (q)(4) and (o)(5) - 6.Costs of removing contaminants required by environmental laws or rules (o)(6) - Industrial Jobs Recovery TIFs ONLY - - WARRENVILLE CANTERA RPA

12 SECTION 3.2 A PAGE 2 7. Cost of job training and retraining, including "welfare to work" programs Subsection (q)(5), (o)(7) and (o)(12) - 8.Financing costs related to obligations issued by the municipality. Subsection (q) (6) and (o)(8) 9. Approved taxing district's capital costs. Subsection (q)(7) and (o)(9) Cost of Reimbursing school districts for their increased costs caused by TIF assisted housing projects. Subsection (q)(7.5) - Tax Increment Allocation Redevelopment TIFs ONLY Relocation costs. Subsection (q)(8) and (o)(10) - 12.Payments in lieu of taxes as defined in Subsections (m) and (k). Subsection (q)(9) and (o)(11) Costs of job training, retraining advanced vocational or career education provided by other taxing bodies. Subsection (q)(10) and (o)(12) - - WARRENVILLE CANTERA RPA

13 SECTION 3.2 A PAGE Costs of reimbursing private developers for interest expenses incurred on approved redevelopment projects. Subsection (q)(11)(a-e) and (o)(13)(a-e) 15. Costs of construction of new housing units for low income and very low-income households. Subsection (q)(11)(f) - Tax Increment Allocation Redevelopment TIFs ONLY Cost of day care services and operational costs of day care centers. Subsection (q) (11.5) - Tax Increment Allocation Redevelopment TIFs ONLY - - TOTAL ITEMIZED EXPENDITURES - WARRENVILLE CANTERA RPA

14 FY 2015 TIF NAME: WARRENVILLE CANTERA RPA Section 3.2 B List all vendors, including other municipal funds, that were paid in excess of 10,000 during the current reporting year. X There were no vendors, including other municipal funds, paid in excess of 10,000 during the current reporting period. Name Service Amount WARRENVILLE CANTERA RPA

15 SECTION (65 ILCS 5/ (d) (5) 65 ILCS (d) (5)) Breakdown of the Balance in the Special Tax Allocation Fund At the End of the Reporting Period FY 2015 TIF NAME: WARRENVILLE CANTERA RPA FUND BALANCE, END OF REPORTING PERIOD Amount of Original Issuance Amount Designated 1. Description of Debt Obligations WARRENVILLE WATER & SEWER FUND PAYBACK 657,270 DEVELOPER NOTES 56,078,314 34,509,888 Total Amount Designated for Obligations 56,735,584 34,509, Description of Project Costs to be Paid Total Amount Designated for Project Costs TOTAL AMOUNT DESIGNATED 34,509,888 SURPLUS*/(DEFICIT) (34,509,888) * NOTE: If a surplus is calculated, the municipality may be required to repay the amount to overlapping taxing WARRENVILLE CANTERA RPA

16 SECTION 4 [65 ILCS 5/ (d) (6) and 65 ILCS 5/ (d) (6)] FY 2015 TIF NAME: WARRENVILLE CANTERA RPA Provide a description of all property purchased by the municipality during the reporting fiscal year within the redevelopment project area. X No property was acquired by the Municipality Within the Redevelopment Project Area Property Acquired by the Municipality Within the Redevelopment Project Area Property (1): Street address: Approximate size or description of property: Purchase price: Seller of property: Property (2): Street address: Approximate size or description of property: Purchase price: Seller of property: Property (3): Street address: Approximate size or description of property: Purchase price: Seller of property: Property (4): Street address: Approximate size or description of property: Purchase price: Seller of property: WARRENVILLE CANTERA RPA

17 SECTION 5-65 ILCS 5/ (d) (7) (G) and 65 ILCS 5/ (d) (7) (G) PAGE 1 FY 2015 TIF NAME: WARRENVILLE CANTERA RPA SECTION 5 PROVIDES PAGES 1-3 TO ACCOMMODATE UP TO 25 PROJECTS. PAGE 1 MUST BE INCLUDED WITH TIF REPORT. PAGES 2-3 SHOULD BE INCLUDED ONLY IF PROJECTS ARE LISTED ON THESE PAGES Check here if NO projects were undertaken by the Municipality Within the Redevelopment Project Area: and list them in detail below*. Estimated Investment for Subsequent Fiscal TOTAL: 11/1/99 to Date Year 7 Total Estimated to Complete Project Private Investment Undertaken (See Instructions) Public Investment Undertaken 10,265,980-10,265,889 Ratio of Private/Public Investment 0 0 Project 1: *IF PROJECTS ARE LISTED NUMBER MUST BE ENTERED ABOVE WARRENVILLE FIRE PROTESTION DISTRICT Private Investment Undertaken (See Instructions) Public Investment Undertaken 1,248,608 1,248,608 Ratio of Private/Public Investment 0 0 Project 2: CUSD TECHNOLOGY IMPROVEMENTS Private Investment Undertaken (See Instructions) Public Investment Undertaken 1,175,000 1,175,000 Ratio of Private/Public Investment 0 0 Project 3: WELL #9 IRON REMOVAL Private Investment Undertaken (See Instructions) Public Investment Undertaken 657, ,270 Ratio of Private/Public Investment 0 0 Project 4: ROAD PROJECTS Private Investment Undertaken (See Instructions) Public Investment Undertaken 1,380,323 1,380,232 Ratio of Private/Public Investment 0 0 Project 5: FACILITIES IMPROVEMENTS Private Investment Undertaken (See Instructions) Public Investment Undertaken 4,267,066 4,267,066 Ratio of Private/Public Investment 0 0 Project 6: EQUIPMENT PURCHASES Private Investment Undertaken (See Instructions) Public Investment Undertaken 554, ,052 Ratio of Private/Public Investment 0 0 WARRENVILLE CANTERA RPA

18 PAGE 2 Project 7: LAND PURCHASES Private Investment Undertaken (See Instructions) Public Investment Undertaken 983, ,661 Ratio of Private/Public Investment 0 0 Project 8: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 9: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 10: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 11: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 12: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 13: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 14: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 15: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 WARRENVILLE CANTERA RPA

19 Optional: Information in the following sections is not required by law, but would be helpful in evaluating the performance of TIF in Illinois. *even though optional MUST be included as part of complete TIF report SECTION 6 FY 2015 TIF NAME: WARRENVILLE CANTERA RPA Provide the base EAV (at the time of designation) and the EAV for the year reported for the redevelopment project area Year redevelopment project area was designated Base EAV Reporting Fiscal Year EAV ,688,606 N/A List all overlapping tax districts in the redevelopment project area. If overlapping taxing district received a surplus, list the surplus. X The overlapping taxing districts did not receive a surplus. Surplus Distributed from redevelopment Overlapping Taxing District project area to overlapping districts DuPAGE COUNTY FOREST PRESERVE DISTRICT OF DuPAGE COUNTY DuPAGE COUNTY AIRPORT AUTHORITY NAPERVILLE TOWNSHIP NAPERVILLE TOWNSHIP ROAD WINFIELD TOWNSHIP WINFIELD TOWNSHIP ROAD CITY OF WARRENVILLE NAPERVILLE PARK DISTRICT WARRENVILLE PARK DISTRICT WARRENVILLE FIRE PROTECTION DISTRICT WARRENVILLE PUBLIC LIBRARY DISTRICT COMMUNITY UNIT SCHOOL DISTRICT 200 COMMUNITY UNIT SCHOOL DISTRICT 203 COLLEGE OF DuPAGE (#502) SECTION 7 Provide information about job creation and retention Number of Jobs Retained Number of Jobs Created Description and Type (Temporary or Permanent) of Jobs Total Salaries Paid SECTION 8 Provide a general description of the redevelopment project area using only major boundaries: Optional Documents Legal description of redevelopment project area Map of District Enclosed On File On File WARRENVILLE CANTERA RPA

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23 ATTACHMENT "C"

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25 ATTACHMENT "H" CITY OF WARRENVILLE TAX INCREMENT FINANCING DISTRICT #1 (CANTERA) JOINT REVIEW BOARD Minutes of Annual Meeting Held on Thursday, November 13, 2014 At Warrenville City Hall 28W701 Stafford Place I. CALL TO ORDER Chairman Diane Dillow called the meeting of the TIF #1 Joint Review Board to order at 10:00 a.m. II. ROLL CALL The following taxing districts were represented: City of Warrenville: David Brummel, Mayor Warrenville Park District: Diane Dillow, Executive Director Warrenville Library District: Sandra Whitmer, Warrenville Public Library Warrenville Fire District: Dennis Rogers, Fire Chief Community Unit School District #200: Bill Farley, Assistant Superintendent College of DuPage District #502: Bruce Schmiedl, Facilities, Planning and Development Director Community Unit School District #203: Brad Cauffman, Chief Financial Officer DuPage County Development Commission: Paul Lauricella, Zoning Coordinator DuPage County Health Department: Dennis Brennan, External Affairs Manager The following taxing districts were not represented: Winfield Township Illinois Department of Commerce & Economic Opportunity Naperville Township Naperville Park District Forest Preserve District of DuPage Winfield Township Road District DuPage Airport Authority DuPage Water Commission Also present: City Administrator/TIF District #1 Administrator John M. Coakley City Consulting Attorney Tom Bayer City Finance Director Kevin Dahlstrand Community Development Director Ron Mentzer Public Member David Franklin Recording Secretary Marie Lupo

26 ATTACHMENT "H" Minutes of TIF #1 Joint Review Board Meeting Held on November 13, 2014 Page 2 III. APPROVAL OF MINUTES BILL FARLEY MOVED, seconded by Sandra Whitmer, to approve the minutes of the December 13, 2013, regular meeting of the TIF #1 Joint Review Board. MOTION ADOPTED VIA VOICE VOTE IV. OVERVIEW OF TIF ANNUAL REPORT AND ACTIVITIES City Administrator Coakley directed attention to the TIF District # Annual Report, which reflects no financial activity for the past year, since the TIF was closed in Another meeting will take place next year, as the City has closed the fund this year following the settlement of long-term litigation. V. JOINT REVIEW BOARD QUESTION AND ANSWER PERIOD There were no questions or comments from the Joint Review Board. VI. PUBLIC COMMENT Bob Siebert, Albright Court resident, requested proper identification of the 2.2 million reflected as land held for resale on Attachment K and L of the Annual Report. Finance Director Dahlstrand stated that the page he was referring to is from the city s comprehensive annual report, and the 2.2 million figure is not a TIF expenditure. Only one column on that attached page is related to the TIF #1 annual report, which should be identified by a box around the column. Unfortunately, the box did not reprint on the copies provided for the meeting. Finance Director Dahlstrand continued, stating that the purchase Mr. Siebert was inquiring about was the Musselman property purchase, but the funding was a loan derived from the Water and Sewer Fund, and not a TIF expenditure. Mr. Siebert questioned a 983,661 land purchase reflected in the Annual Report; Finance Director Dahlstrand replied he would check the cumulative figure to confirm its accuracy. City Administrator Coakley stated that prior to the close of TIF #1, the City purchased two parcels on the south side of Warrenville Road, immediately west of the BP gas station. Mr. Siebert inquired whether the deficit funds would be taken from the citizens, and questioned if the City would offset the deficit with the proceeds from the future sale of the two parcels. He asked if there were any other assets that would be resold or become revenue. City Administrator Coakley replied, no, he was not aware of any other such assets. In the spirit of transparency, Mr. Siebert requested a summary sheet of TIF #1 assets purchased with TIF #1 funds that are under City ownership and could affect TIF #1 s revenue, for residents and taxing districts thorough accounting of TIF #1. City Administrator Coakley replied he did not see the value in expending the staff time to create such a list, as the TIF was closed five years ago. Chairman Dillow inquired whether such expenditures were reported previously, and City Administrator Coakley replied in the affirmative, and confirmed the report was cumulative and the numbers tally from a multi-year time period. Chairman Dillow stated the Board would take Mr. Siebert s request for a summary sheet under consideration.

27 ATTACHMENT "H" Minutes of TIF #1 Joint Review Board Meeting Held on November 13, 2014 Page 3 VII. ADJOURN BILL FARLEY MOVED, seconded by Dennis Rogers, to adjourn. MOTION ADOPTED VIA VOICE VOTE. The meeting adjourned at 10:15 a.m. Approved: Marie Lupo, Recording Secretary

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29 ATTACHMENTS "K & L"

30 ATTACHMENTS "K & L"

31 ATTACHMENTS "K & L"

32 ATTACHMENTS "K & L"

33 P U B L I C N O T I C E TO WHOM IT MAY CONCERN: NOTICE IS HEREBY GIVEN that a SPECIAL MEETING of the WARRENVILLE TAX INCREMENT FINANCING (TIF) JOINT REVIEW BOARD for TIF DISTRICT #2 Will begin at: 10:05 a.m. (immediately following the end of the TIF #1 Joint Review Board meeting) On: Friday, November 6, 2015 At: Purpose: Warrenville City Hall Council Chambers 28W701 Stafford Place Warrenville, Illinois Overview of the TIF #2 Annual Report and Activities within the TIF District during the period covered by said Annual Report All interested persons will be given an opportunity to be heard at the aforementioned meeting. Comments concerning the subject of the meeting may be submitted prior to the date of such meeting, as follows: City of Warrenville c/o Marie Lupo, Administrative Assistant Community Development Department 3S258 Manning Avenue Warrenville, Illinois This notice is given pursuant to 5 ILCS 120/1 (1991). Date: Emily J. Larson, City Clerk ALL INTERESTED PARTIES ARE INVITED TO ATTEND In compliance with the Americans with Disabilities Act and other applicable federal and state laws, the City of Warrenville meetings will be accessible to individuals with disabilities. Persons requiring auxiliary aids and services should contact the Assistant City Administrator/Accessibility Coordinator, 28W701 Stafford Place, Warrenville, Illinois 60555, or call (630) , or jmcmahon@warrenville.il.us prior to the meeting to advise her of their anticipated attendance. For editorial information only: Daily Herald, Suburban Tribune

34 P U B L I C N O T I C E TO WHOM IT MAY CONCERN: NOTICE IS HEREBY GIVEN THAT MORE THAN THREE (3) MEMBERS OF THE CITY COUNCIL CORPORATE AUTHORITIES MAY BE PRESENT AT THE WARRENVILLE TAX INCREMENT FINANCING (TIF) JOINT REVIEW BOARD FOR TIF DISTRICT #2 To be held on: Friday, November 6, 2015 At the hour of: At: Purpose: 10:05 a.m. (immediately following the end of the TIF #1 Joint Review Board meeting) Warrenville City Hall Council Chambers 28W701 Stafford Place Warrenville, IL Overview of the TIF #2 Annual Report and Activities within the TIF District during the period covered by said Annual Report. While more than three (3) of the Corporate Authorities may be present, no action will be taken by the Corporate Authorities. This notice is given pursuant to 5 ILCS 120/1 (1991). Date: Emily J. Larson, City Clerk ALL INTERESTED PARTIES ARE INVITED TO ATTEND In compliance with the Americans with Disabilities Act and other applicable federal and state laws, the City of Warrenville meetings will be accessible to individuals with disabilities. Persons requiring auxiliary aids and services should contact the Assistant City Administrator/Accessibility Coordinator, 28W701 Stafford Place, Warrenville, Illinois 60555, or call (630) , or jmcmahon@warrenville.il.us prior to the meeting to advise her of their anticipated attendance. For editorial information only: Daily Herald, Suburban Tribune

35 CITY OF WARRENVILLE TAX INCREMENT FINANCING DISTRICT #2 (OLD TOWN CENTER) JOINT REVIEW BOARD SPECIAL MEETING FRIDAY, NOVEMBER 6, 2015, 10:05 A.M. (immediately following the conclusion of the TIF #1 Joint Review Board meeting) City Hall, Council Chambers, 28W701 Stafford Place, Warrenville, Illinois A G E N D A I. Call to Order II. III. IV. Roll Call Approval of the Minutes from the November 13, 2014, Meeting Overview of the TIF Annual Report by City Staff V. Overview of Activities within the TIF District by City Staff 1. City Capital Projects 2. Redevelopment Activity 3. Miscellaneous Activities VI. VII. VIII. Joint Review Board Question and Answer Period Public Comment Adjourn ADA ACCOMMODATIONS NOTICE: Requests for accommodations should be submitted to the Assistant City Administrator at (630) or jmcmahon@warrenville.il.us at least 48 hours in advance of the meeting. KINDLY TURN OFF ALL ELECTRONIC DEVICES, AS THEY INTERFERE WITH SOUND TRANSMISSION IN COUNCIL CHAMBERS.

36 CITY OF WARRENVILLE TAX INCREMENT FINANCING DISTRICT #2 (OLD TOWN CENTER) JOINT REVIEW BOARD Minutes of Annual Meeting Held on Thursday, November 13, 2014 At Warrenville City Hall 28W701 Stafford Place I. CALL TO ORDER Chairman Diane Dillow called the meeting of TIF #2 Joint Review Board to order at 10:15 a.m. II. ROLL CALL The following taxing districts were represented: City of Warrenville: David Brummel, Mayor Warrenville Park District: Diane Dillow, Executive Director Warrenville Library District: Sandra Whitmer, Director Warrenville Fire District: Dennis Rogers, Fire Chief Community Unit School District #200: Bill Farley, Assistant Superintendent College of DuPage District #502: Bruce Schmiedl, Facilities, Planning and Development Director DuPage County Development Commission: Paul Lauricella, Zoning Coordinator DuPage County Health Department: Dennis Brennan, External Affairs Manager The following taxing districts were not represented: Winfield Township Illinois Department of Commerce & Economic Opportunity Forest Preserve District of DuPage Winfield Township Road District DuPage Airport Authority DuPage Water Commission Also present: City Administrator John Coakley City Consulting Attorney Thomas Bayer City Finance Director Kevin Dahlstrand Community Development Director Ron Mentzer Public Member David Franklin Recording Secretary Marie Lupo III. APPROVAL OF MINUTES DENNIS ROGERS MOVED, seconded by Bruce Schmiedl, to approve the minutes of the December 13, 2013, regular annual meeting of the TIF #2 Joint Review Board.

37 Minutes of TIF #2 Joint Review Board Meeting Held on November 13, 2014 Page 2 MOTION ADOPTED VIA VOICE VOTE. IV. OVERVIEW OF TIF ANNUAL REPORT City Administrator Coakley directed attention to the TIF District # Annual Report. The TIF was closed in December of 2012; however, it had to remain open due to litigation. V. OVERVIEW OF ACTIVITIES WITHIN TIF DISTRICT City Administrator Coakley confirmed there was no activity, projects, or spending in TIF District #2 since it was closed. VI. VII. VIII. JOINT REVIEW BOARD QUESTIONS AND ANSWER PERIOD None. PUBLIC COMMENT None. ADJOURN SANDRA WHITMER MOVED, seconded by David Franklin, to adjourn. MOTION ADOPTED VIA VOICE VOTE. The meeting adjourned at 10:17 a.m. Approved: Marie Lupo, Recording Secretary

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40 SECTION 2 [Sections 2 through 5 must be completed for each redevelopment project area listed in Section 1.] FY 2015 Name of Redevelopment Project Area: OLD TOWN CENTER Primary Use of Redevelopment Project Area*: MIXED If "Combination/Mixed" List Component Types: RETAIL COMMERICAL, INDUS Under which section of the Illinois Municipal Code was Redevelopment Project Area designated? (check one): Tax Increment Allocation Redevelopment Act x Industrial Jobs Recovery Law No Were there any amendments to the redevelopment plan, the redevelopment project area, or the State Sales Tax Boundary? [65 ILCS 5/ (d) (1) and 5/ (d) (1)] If yes, please enclose the amendment labeled Attachment A X Certification of the Chief Executive Officer of the municipality that the municipality has complied with all of the requirements of the Act during the preceding fiscal year. [65 ILCS 5/ (d) (3) and 5/ (d) (3)] Please enclose the CEO Certification labeled Attachment B Opinion of legal counsel that municipality is in compliance with the Act. [65 ILCS 5/ (d) (4) and 5/ (d) (4)] Please enclose the Legal Counsel Opinion labeled Attachment C Were there any activities undertaken in furtherance of the objectives of the redevelopment plan, including any project implemented in the preceding fiscal year and a description of the activities undertaken? [65 ILCS 5/ (d) (7) (A and B) and 5/ (d) (7) (A and B)] If yes, please enclose the Activities Statement labeled Attachment D X Were any agreements entered into by the municipality with regard to the disposition or redevelopment of any property within the redevelopment project area or the area within the State Sales Tax Boundary? [65 ILCS 5/ (d) (7) (C) and 5/ (d) (7) (C)] If yes, please enclose the Agreement(s) labeled Attachment E X Is there additional information on the use of all funds received under this Division and steps taken by the municipality to achieve the objectives of the redevelopment plan? [65 ILCS 5/ (d) (7) (D) and 5/ (d) (7) (D)] If yes, please enclose the Additional Information labeled Attachment F X Did the municipality's TIF advisors or consultants enter into contracts with entities or persons that have received or are receiving payments financed by tax increment revenues produced by the same TIF? [65 ILCS 5/ (d) (7) (E) and 5/ (d) (7) (E)] If yes, please enclose the contract(s) or description of the contract(s) labeled Attachment G X Were there any reports or meeting minutes submitted to the municipality by the joint review board? [65 ILCS 5/ (d) (7) (F) and 5/ (d) (7) (F)] If yes, please enclose the Joint Review Board Report labeled Attachment H Were any obligations issued by municipality? [65 ILCS 5/ (d) (8) (A) and 5/ (d) (8) (A)] If yes, please enclose the Official Statement labeled Attachment I X Was analysis prepared by a financial advisor or underwriter setting forth the nature and term of obligation and projected debt service including required reserves and debt coverage? [65 ILCS 5/ (d) (8) (B) and 5/ (d) (8) (B)] If yes, please enclose the Analysis labeled Attachment J X Cumulatively, have deposits from any source equal or greater than 100,000 been made into the special tax allocation fund? 65 ILCS 5/ (d) (2) and 5/ (d) (2) If yes, please enclose Audited financial statements of the special tax allocation fund labeled Attachment K Cumulatively, have deposits of incremental taxes revenue equal to or greater than 100,000 been made into the special tax allocation fund? [65 ILCS 5/ (d) (9) and 5/ (d) (9)] If yes, please enclose a certified letter statement reviewing compliance with the Act labeled Attachment L A list of all intergovernmental agreements in effect in FY 2010, to which the municipality is a part, and an accounting of any money transferred or received by the municipality during that fiscal year pursuant to those intergovernmental agreements. [65 ILCS 5/ (d) (10)] If yes, please enclose list only of the intergovernmental agreements labeled Attachment M X * Types include: Central Business District, Retail, Other Commercial, Industrial, Residential, and Combination/Mixed. Yes X X X X X WARRENVILLE OLD TOWN CENTER

41 SECTION (65 ILCS 5/ (d) (5) and 65 ILCS 5/ (d) (5)) Provide an analysis of the special tax allocation fund. FY 2015 TIF NAME: WARRENVILLE OLD TOWN CENTER Fund Balance at Beginning of Reporting Period (2,986) Revenue/Cash Receipts Deposited in Fund During Reporting FY: Reporting Year Cumulative* % of Total Property Tax Increment 7,284,354 99% State Sales Tax Increment 0% Local Sales Tax Increment 0% State Utility Tax Increment 0% Local Utility Tax Increment 0% Interest 0% Land/Building Sale Proceeds 0% Bond Proceeds 0% Transfers from Municipal Sources 2,986 0% Private Sources 0% Other (identify source ; if multiple other sources, attach schedule) 37,998 1% *must be completed where current or prior year(s) have reported funds Total Amount Deposited in Special Tax Allocation Fund During Reporting Period 2,986 Cumulative Total Revenues/Cash Receipts 7,322, % Total Expenditures/Cash Disbursements (Carried forward from Section 3.2) Distribution of Surplus Total Expenditures/Disbursements NET INCOME/CASH RECEIPTS OVER/(UNDER) CASH DISBURSEMENTS 2,986 FUND BALANCE, END OF REPORTING PERIOD* * if there is a positive fund balance at the end of the reporting period, you must complete Section 3.3 SURPLUS*/(DEFICIT)(Carried forward from Section 3.3) WARRENVILLE OLD TOWN CENTER

42 SECTION 3.2 A- (65 ILCS 5/ (d) (5) and 65 ILCS 5/ (d) (5)) FY 2015 TIF NAME: WARRENVILLE OLD TOWN CENTER ITEMIZED LIST OF ALL EXPENDITURES FROM THE SPECIAL TAX ALLOCATION FUND (by category of permissible redevelopment cost, amounts expended during reporting period) FOR AMOUNTS >10,000 SECTION 3.2 B MUST BE COMPLETED Category of Permissible Redevelopment Cost [65 ILCS 5/ (q) and 65 ILCS 5/ (o)] Amounts Reporting Fiscal Year 1. Costs of studies, administration and professional services Subsections (q)(1) and (o) (1) 2. Cost of marketing sites Subsections (q)(1.6) and (o)(1.6) - 3.Property assembly: property acquisition, building demolition, site preparation and environmental site improvement costs. Subsections (q)(2), (o)(2) and (o)(3) - 4.Costs of rehabilitation, reconstruction, repair or remodeling of existing public or private buildings. Subsection (q)(3) and (o)(4) - 5. Costs of construction of public works and improvements. Subsection (q)(4) and (o)(5) - 6.Costs of removing contaminants required by environmental laws or rules (o)(6) - Industrial Jobs Recovery TIFs ONLY - - WARRENVILLE OLD TOWN CENTER

43 SECTION 3.2 A PAGE 2 7. Cost of job training and retraining, including "welfare to work" programs Subsection (q)(5), (o)(7) and (o)(12) - 8.Financing costs related to obligations issued by the municipality. Subsection (q) (6) and (o)(8) 9. Approved taxing district's capital costs. Subsection (q)(7) and (o)(9) Cost of Reimbursing school districts for their increased costs caused by TIF assisted housing projects. Subsection (q)(7.5) - Tax Increment Allocation Redevelopment TIFs ONLY Relocation costs. Subsection (q)(8) and (o)(10) - 12.Payments in lieu of taxes as defined in Subsections (m) and (k). Subsection (q)(9) and (o)(11) Costs of job training, retraining advanced vocational or career education provided by other taxing bodies. Subsection (q)(10) and (o)(12) - - WARRENVILLE OLD TOWN CENTER

44 SECTION 3.2 A PAGE Costs of reimbursing private developers for interest expenses incurred on approved redevelopment projects. Subsection (q)(11)(a-e) and (o)(13)(a-e) 15. Costs of construction of new housing units for low income and very low-income households. Subsection (q)(11)(f) - Tax Increment Allocation Redevelopment TIFs ONLY Cost of day care services and operational costs of day care centers. Subsection (q) (11.5) - Tax Increment Allocation Redevelopment TIFs ONLY - - TOTAL ITEMIZED EXPENDITURES - WARRENVILLE OLD TOWN CENTER

45 FY 2015 TIF NAME: WARRENVILLE OLD TOWN CENTER Section 3.2 B List all vendors, including other municipal funds, that were paid in excess of 10,000 during the current reporting year. X There were no vendors, including other municipal funds, paid in excess of 10,000 during the current reporting period. Name Service Amount WARRENVILLE OLD TOWN CENTER

46 SECTION (65 ILCS 5/ (d) (5) 65 ILCS (d) (5)) Breakdown of the Balance in the Special Tax Allocation Fund At the End of the Reporting Period FY 2015 TIF NAME: WARRENVILLE OLD TOWN CENTER FUND BALANCE, END OF REPORTING PERIOD 1. Description of Debt Obligations Amount of Original Issuance Amount Designated Total Amount Designated for Obligations 2. Description of Project Costs to be Paid Total Amount Designated for Project Costs TOTAL AMOUNT DESIGNATED SURPLUS*/(DEFICIT) * NOTE: If a surplus is calculated, the municipality may be required to repay the amount to overlapping taxing WARRENVILLE OLD TOWN CENTER

47 SECTION 4 [65 ILCS 5/ (d) (6) and 65 ILCS 5/ (d) (6)] FY 2015 TIF NAME: WARRENVILLE OLD TOWN CENTER Provide a description of all property purchased by the municipality during the reporting fiscal year within the redevelopment project area. X No property was acquired by the Municipality Within the Redevelopment Project Area Property Acquired by the Municipality Within the Redevelopment Project Area Property (1): Street address: Approximate size or description of property: Purchase price: Seller of property: Property (2): Street address: Approximate size or description of property: Purchase price: Seller of property: Property (3): Street address: Approximate size or description of property: Purchase price: Seller of property: Property (4): Street address: Approximate size or description of property: Purchase price: Seller of property: WARRENVILLE OLD TOWN CENTER

48 SECTION 5-65 ILCS 5/ (d) (7) (G) and 65 ILCS 5/ (d) (7) (G) PAGE 1 FY 2015 TIF NAME: WARRENVILLE OLD TOWN CENTER SECTION 5 PROVIDES PAGES 1-3 TO ACCOMMODATE UP TO 25 PROJECTS. PAGE 1 MUST BE INCLUDED WITH TIF REPORT. PAGES 2-3 SHOULD BE INCLUDED ONLY IF PROJECTS ARE LISTED ON THESE PAGES Check here if NO projects were undertaken by the Municipality Within the Redevelopment Project Area: and list them in detail below*. Estimated Investment for Subsequent Fiscal TOTAL: 11/1/99 to Date Year 8 Total Estimated to Complete Project Private Investment Undertaken (See Instructions) Public Investment Undertaken 32,949,341-32,949,341 Ratio of Private/Public Investment 0 0 Project 1: *IF PROJECTS ARE LISTED NUMBER MUST BE ENTERED ABOVE LIBRARY DISTRICT BUILDING IMPROVEMENTS Private Investment Undertaken (See Instructions) Public Investment Undertaken 7,028,653 7,028,653 Ratio of Private/Public Investment 0 0 Project 2: PARK DISTRICT BUILDING IMPROVEMENTS Private Investment Undertaken (See Instructions) Public Investment Undertaken 6,178,495 6,178,495 Ratio of Private/Public Investment 0 0 Project 3: FIRE DISTRICT IMPROVEMENTS Private Investment Undertaken (See Instructions) Public Investment Undertaken 525, ,597 Ratio of Private/Public Investment 0 0 Project 4: ROAD PROJECTS Private Investment Undertaken (See Instructions) Public Investment Undertaken 10,201,879 10,201,879 Ratio of Private/Public Investment 0 0 Project 5: FACILITIES IMPROVEMENTS Private Investment Undertaken (See Instructions) Public Investment Undertaken 1,722,807 1,722,807 Ratio of Private/Public Investment 0 0 Project 6: EQUIPMENT PURCHASES Private Investment Undertaken (See Instructions) Public Investment Undertaken 2,109,524 2,109,524 Ratio of Private/Public Investment 0 0 WARRENVILLE OLD TOWN CENTER

49 PAGE 2 Project 7: MUNICIPAL BUILDING PROJECTS Private Investment Undertaken (See Instructions) Public Investment Undertaken 5,068,976 5,068,976 Ratio of Private/Public Investment 0 0 Project 8: SITE REMEDIATION Private Investment Undertaken (See Instructions) Public Investment Undertaken 113, ,410 Ratio of Private/Public Investment 0 0 Project 9: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 10: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 11: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 12: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 13: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 14: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 15: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 WARRENVILLE OLD TOWN CENTER

50 Optional: Information in the following sections is not required by law, but would be helpful in evaluating the performance of TIF in Illinois. *even though optional MUST be included as part of complete TIF report SECTION 6 FY 2015 TIF NAME: WARRENVILLE OLD TOWN CENTER Provide the base EAV (at the time of designation) and the EAV for the year reported for the redevelopment project area Year redevelopment project area was designated Base EAV Reporting Fiscal Year EAV ,894,910 N/A List all overlapping tax districts in the redevelopment project area. If overlapping taxing district received a surplus, list the surplus. X The overlapping taxing districts did not receive a surplus. Surplus Distributed from redevelopment Overlapping Taxing District project area to overlapping districts DuPAGE COUNTY FOREST PRESERVE DISTRICT OF DuPAGE COUNTY DuPAGE COUNTY AIRPORT AUTHORITY WINFIELD TOWNSHIP WINFIELD TOWNSHIP ROAD CITY OF WARRENVILLE WARRENVILLE PARK DISTRICT WARRENVILLE FIRE PROTECTION DISTRICT WARRENVILLE PUBLIC LIBRARY DISTRICT COMMUNITY UNIT SCHOOL DISTRICT 200 COLLEGE OF DuPAGE (#502) SECTION 7 Provide information about job creation and retention Number of Jobs Retained Number of Jobs Created Description and Type (Temporary or Permanent) of Jobs Total Salaries Paid SECTION 8 Provide a general description of the redevelopment project area using only major boundaries: Optional Documents Legal description of redevelopment project area Map of District Enclosed On File On File WARRENVILLE OLD TOWN CENTER

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56 ATTACHMENT "H" CITY OF WARRENVILLE TAX INCREMENT FINANCING DISTRICT #2 (OLD TOWN CENTER) JOINT REVIEW BOARD Minutes of Annual Meeting Held on Thursday, November 13, 2014 At Warrenville City Hall 28W701 Stafford Place I. CALL TO ORDER Chairman Diane Dillow called the meeting of the former TIF #2 to order at 10:15 a.m. II. ROLL CALL The following taxing districts were represented: City of Warrenville: David Brummel, Mayor Warrenville Park District: Diane Dillow, Executive Director Warrenville Library District: Sandra Whitmer, Warrenville Public Library Warrenville Fire District: Dennis Rogers, Fire Chief Community Unit School District #200: Bill Farley, Assistant Superintendent College of DuPage District #502: Bruce Schmiedl, Facilities, Planning and Development Director DuPage County Development Commission: Paul Lauricella, Zoning Coordinator DuPage County Health Department: Dennis Brennan The following taxing districts were not represented: Winfield Township Illinois Department of Commerce & Economic Opportunity Forest Preserve District of DuPage Winfield Township Road District DuPage Airport Authority DuPage Water Commission Also present: City Administrator John M. Coakley City Consulting Attorney Tom Bayer City Finance Director Kevin Dahlstrand Community Development Director Ron Mentzer Public Member David Franklin Recording Secretary Marie Lupo III. APPROVAL OF MINUTES DENNIS ROGERS MOVED, seconded by Bruce Schmiedl, to approve the minutes of the December 13, 2013, regular meeting of the TIF #2 Joint Review Board. MOTION ADOPTED VIA VOICE VOTE

57 ATTACHMENT "H" Minutes of TIF #2 Joint Review Board Meeting Held on November 13, 2014 Page 2 IV. OVERVIEW OF TIF ANNUAL REPORT City Administrator Coakley directed attention to the TIF District # Annual Report. The TIF was closed in December of 2012; however, it had to remain open due to litigation. V. OVERVIEW OF ACTIVITIES WITHIN TIF DISTRICT City Administrator Coakley confirmed there was neither activity, projects, nor spending in the TIF since it was closed. VI. VII. VIII. JOINT REVIEW BOARD QUESTIONS AND ANSWER PERIOD None. PUBLIC COMMENT None. ADJOURN SANDRA WHITMER MOVED, seconded by David Franklin, to adjourn. MOTION ADOPTED VIA VOICE VOTE The meeting adjourned at 10:17 a.m. Approved: Marie Lupo, Recording Secretary

58 ATTACHMENTS "K & L"

59 ATTACHMENTS "K & L"

60 P U B L I C N O T I C E TO WHOM IT MAY CONCERN: NOTICE IS HEREBY GIVEN that a SPECIAL MEETING of the WARRENVILLE TAX INCREMENT FINANCING (TIF) JOINT REVIEW BOARD for TIF DISTRICT #3 Will begin at: 10:10 a.m. (immediately following the end of the TIF #2 Joint Review Board meeting) On: Friday, November 6, 2015 At: Purpose: Warrenville City Hall Council Chambers 28W701 Stafford Place Warrenville, Illinois Overview of the TIF #3 Annual Report and Activities within the TIF District during the period covered by said Annual Report All interested persons will be given an opportunity to be heard at the aforementioned meeting. Comments concerning the subject of the meeting may be submitted prior to the date of such meeting, as follows: City of Warrenville c/o Marie Lupo, Administrative Assistant Community Development Department 3S258 Manning Avenue Warrenville, Illinois This notice is given pursuant to 5 ILCS 120/1 (1991). Date: Emily J. Larson, City Clerk ALL INTERESTED PARTIES ARE INVITED TO ATTEND In compliance with the Americans with Disabilities Act and other applicable federal and state laws, the City of Warrenville meetings will be accessible to individuals with disabilities. Persons requiring auxiliary aids and services should contact the Assistant City Administrator/Accessibility Coordinator, 28W701 Stafford Place, Warrenville, Illinois 60555, or call (630) , or jmcmahon@warrenville.il.us prior to the meeting to advise her of their anticipated attendance. For editorial information only: Daily Herald, Suburban Tribune

61 P U B L I C N O T I C E TO WHOM IT MAY CONCERN: NOTICE IS HEREBY GIVEN THAT MORE THAN THREE (3) MEMBERS OF THE CITY COUNCIL CORPORATE AUTHORITIES MAY BE PRESENT AT THE WARRENVILLE TAX INCREMENT FINANCING (TIF) JOINT REVIEW BOARD FOR TIF DISTRICT #3 To be held on: Friday, November 6, 2015 At the hour of: At: Purpose: 10:10 a.m. (immediately following the end of the TIF #2 Joint Review Board meeting) Warrenville City Hall Council Chambers 28W701 Stafford Place Warrenville, IL Overview of the TIF #3 Annual Report and Activities within the TIF District during the period covered by said Annual Report. While more than three (3) of the Corporate Authorities may be present, no action will be taken by the Corporate Authorities. This notice is given pursuant to 5 ILCS 120/1 (1991). Date: Emily J. Larson, City Clerk ALL INTERESTED PARTIES ARE INVITED TO ATTEND In compliance with the Americans with Disabilities Act and other applicable federal and state laws, the City of Warrenville meetings will be accessible to individuals with disabilities. Persons requiring auxiliary aids and services should contact the Assistant City Administrator/Accessibility Coordinator, 28W701 Stafford Place, Warrenville, Illinois 60555, or call (630) , or jmcmahon@warrenville.il.us prior to the meeting to advise her of their anticipated attendance. For editorial information only: Daily Herald, Suburban Tribune

62 CITY OF WARRENVILLE TAX INCREMENT FINANCING DISTRICT #3 (WARRENVILLE OLD TOWN/CIVIC CENTER) JOINT REVIEW BOARD SPECIAL MEETING FRIDAY, NOVEMBER 6, 2015, 10:10 A.M. (immediately following the conclusion of the TIF #2 Joint Review Board meeting) City Hall, Council Chambers, 28W701 Stafford Place, Warrenville, Illinois A G E N D A I. Appointment of Diane Dillow as Chairman Pro Tem II. III. IV. Call to Order Roll Call Approval of the Minutes from the November 13, 2014, Meeting V. Overview of the TIF Annual Report by City Staff VI. VII. VIII. IX. Overview of Activities within the TIF District by City Staff 1. City Capital Projects 2. Redevelopment Activity 3. Miscellaneous Activities Joint Review Board Question and Answer Period Public Comment Adjourn ADA ACCOMMODATIONS NOTICE: Requests for accommodations should be submitted to the Assistant City Administrator at (630) or jmcmahon@warrenville.il.us at least 48 hours in advance of the meeting. KINDLY TURN OFF ALL ELECTRONIC DEVICES, AS THEY INTERFERE WITH SOUND TRANSMISSION IN COUNCIL CHAMBERS.

63 CITY OF WARRENVILLE TAX INCREMENT FINANCING DISTRICT #3 (WARRENVILLE OLD TOWN/CIVIC CENTER) JOINT REVIEW BOARD Minutes of Annual Meeting Held on Thursday, November 13, 2014 At Warrenville City Hall 28W701 Stafford Place I. CALL TO ORDER Chairperson Sandra Whitmer called the meeting of the TIF #3 Joint Review Board to order at 10:18 a.m. II. ROLL CALL The following taxing districts were represented: City of Warrenville: David Brummel, Mayor Warrenville Park District: Diane Dillow, Executive Director Warrenville Public Library District: Sandra Whitmer, Director Warrenville Fire Protection District: Dennis Rogers, Fire Chief Community Unit School District #200: Bill Farley, Assistant Superintendent College of DuPage District #502: Bruce Schmiedl, Facilities, Planning and Development Director DuPage County Development Commission: Paul Lauricella, Zoning Coordinator DuPage County Health Department Dennis Brennan, External Affairs Manager The following taxing districts were not represented: Winfield Township Illinois Department of Commerce & Economic Opportunity Forest Preserve District of DuPage Winfield Township Road District DuPage Airport Authority DuPage Water Commission Also present: City Administrator John Coakley City TIF Attorney Thomas Bayer City Finance Director Kevin Dahlstrand Community Development Director Ron Mentzer Public Member David Franklin Recording Secretary Marie Lupo III. APPROVAL OF MINUTES SANDRA WHITMER MOVED, seconded by Dennis Rogers, to approve the minutes of the April 2, 2013, Special Meeting of the TIF #3 Joint Review Board.

64 Minutes of TIF #3 Joint Review Board Meeting Held on November 13, 2014 Page 2 MOTION ADOPTED VIA VOICE VOTE. IV. OVERVIEW OF TIF ANNUAL REPORT City Administrator John Coakley directed attention to the report. TIF #3 began in June of 2013, and no TIF increment revenue was received during the fiscal year May 1, 2013 through April 30, There will be a small amount of incremental revenue received during FY Chairman Whitmer clarified the only income was derived from interest and the TIF incremental property taxes. V. OVERVIEW OF TIF ACTIVITIES 1. City Capital Projects Community Development Director Mentzer reported the City worked with DuPage County on the River Road flood protection project to protect against the river s backflow into residential areas during high flood events. The City s cost for backflow valves was 27,500, and the City s cost to install a backflow prevention device at the main storm sewer on Main Street was 73,800. TIF funds were used to cover these expenses. In addition, TIF funds in the amount of 64,000 were used to construct the north leg of Rockwell north of Butterfield Road. 2. Redevelopment Activity Community Development Director Mentzer reported the City awaits a No Further Remediation (NFR) letter from the Illinois Environmental Protection Agency on clean-up of contamination at the four-acre former Musselman property (CCRS #1), currently a Brownfield site. The NFR letter would allow this property to be developed with a residential use consistent with the Old Town/Civic Center (OTCC) Subarea Plan. In July 2014, the City issued a request for proposals to find a developer. On November 10, 2014, the Community Development Committee recommended to the City Council that the City identify David Weekley Homes (DWH) as the Preferred Developer. If approved, staff and the City s legal counsel would negotiate a redevelopment and real estate sales agreement for City Council approval. Once the City Council approves those agreements, the developer would proceed through the normal zoning approval process. DWH expressed interest in moving forward as quickly as possible to begin work during the next construction season. DWH s concept plan consists of 37 detached single-family homes on small lots in the 300, ,000 price range. The OTCC Subarea Plan reflects 40 row homes with consistent density. The ultimate total number of units may be closer to 30-35, due to a property exchange agreement between the City and the Library District that accommodates a future addition on the west side of the library. The target audience for this development is primarily young professionals, divorced persons, and older/retired individuals. Although some families may be interested in the three-bedroom, 1,800-2,600 square foot-units, it is unlikely due to the lack of yard space.

65 Minutes of TIF #3 Joint Review Board Meeting Held on November 13, 2014 Page 3 Community Development Director Mentzer reported the City is currently considering two potential property acquisitions and has negotiated contracts for the Johnson and Wangerin properties, just north of the Citgo gas station at the Warrenville/Batavia/River Road intersection. Phase I environmental due diligence has been completed, and there will be limited Phase II site investigation. The OTCC Subarea Plan reflects redevelopment with a commercial facility in the front and a public park with a natural river walk for public access in the rear of these lots. 3. Miscellaneous Activities Community Development Director Mentzer reported DuPage County will be replacing the Warrenville Road Bridge with a new bridge that is doubled in length to increase the volume of the river s flow so that it eliminates damning effects on its north side. City funded aesthetic enhancements to the new bridge include the addition of natural stone to the bridge s pilasters, and black painted rail on the top of the parapet. The estimated City cost of these enhancements is approximately 100,000. The County will purchase and demolish the building at the northeast corner of Warrenville Road and the West Branch of the DuPage River to re-meander the river 150 feet to the east so that it aligns with the bridge opening. As part of this project, Leone Schmidt Heritage Park (LSHP) will be regraded. City costs of extending the West Branch of the DuPage River Trail under the Warrenville Road Bridge through LSHP, rather than along roadways, is 18,000. The County will fund installation of a new handicapped access route that runs from Second Street along the north side of the Warren Tavern, leading to the back door of the Historical Museum. As part of this project the stage area and first two rows of concrete seating of the amphitheater would be removed and replaced by the County for a City cost of 1,500. VI. VII. JOINT REVIEW BOARD QUESTION AND ANSWER PERIOD None. PUBLIC COMMENT Bob Siebert, Albright Court resident, calculated that if 35 units were built on CCRS #1, they would have a total value of million, which would create 333,000 per year in TIF revenue after the entire site is built out. Mr. Siebert expressed his opinion it would amount to 3.3 million in ten years. He warned that the developer will be seeking a significant gain on his investment; likely 2 million off the top. Thus, the taxing districts should be very concerned that the City appears to be using a credit card with no limit. Mr. Seibert stated the Houston housing market is much different than our local market and questioned why the City would be working with a developer from out of the area. During the subarea planning, the citizens expressed their desire for commercial development with condominiums; however, to the contrary, the City seems to be accepting whatever the market would have. In addition, since the pricing of this development is comparable

66 Minutes of TIF #3 Joint Review Board Meeting Held on November 13, 2014 Page 4 to that of the Herrick Woods Subdivision, it will provide competition to that development. Mr. Siebert advised that the City should be cautious when it takes funds from taxing districts and places it into the pockets of developers. VIII. ADJOURN DAVID BRUMMEL MOVED, seconded by Dennis Rogers, to adjourn. MOTION ADOPTED VIA VOICE VOTE. The meeting adjourned at 10:45 a.m. Approved: Marie Lupo, Recording Secretary

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69 SECTION 2 [Sections 2 through 5 must be completed for each redevelopment project area listed in Section 1.] FY 2015 Name of Redevelopment Project Area: OLD TOWN/CIVIC CENTER Primary Use of Redevelopment Project Area*: MIXED If "Combination/Mixed" List Component Types: RETAIL COMMERICAL, INDUS Under which section of the Illinois Municipal Code was Redevelopment Project Area designated? (check one): Tax Increment Allocation Redevelopment Act X Industrial Jobs Recovery Law No Were there any amendments to the redevelopment plan, the redevelopment project area, or the State Sales Tax Boundary? [65 ILCS 5/ (d) (1) and 5/ (d) (1)] If yes, please enclose the amendment labeled Attachment A X Certification of the Chief Executive Officer of the municipality that the municipality has complied with all of the requirements of the Act during the preceding fiscal year. [65 ILCS 5/ (d) (3) and 5/ (d) (3)] Please enclose the CEO Certification labeled Attachment B Opinion of legal counsel that municipality is in compliance with the Act. [65 ILCS 5/ (d) (4) and 5/ (d) (4)] Please enclose the Legal Counsel Opinion labeled Attachment C Were there any activities undertaken in furtherance of the objectives of the redevelopment plan, including any project implemented in the preceding fiscal year and a description of the activities undertaken? [65 ILCS 5/ (d) (7) (A and B) and 5/ (d) (7) (A and B)] If yes, please enclose the Activities Statement labeled Attachment D Were any agreements entered into by the municipality with regard to the disposition or redevelopment of any property within the redevelopment project area or the area within the State Sales Tax Boundary? [65 ILCS 5/ (d) (7) (C) and 5/ (d) (7) (C)] If yes, please enclose the Agreement(s) labeled Attachment E X Is there additional information on the use of all funds received under this Division and steps taken by the municipality to achieve the objectives of the redevelopment plan? [65 ILCS 5/ (d) (7) (D) and 5/ (d) (7) (D)] If yes, please enclose the Additional Information labeled Attachment F X Did the municipality's TIF advisors or consultants enter into contracts with entities or persons that have received or are receiving payments financed by tax increment revenues produced by the same TIF? [65 ILCS 5/ (d) (7) (E) and 5/ (d) (7) (E)] If yes, please enclose the contract(s) or description of the contract(s) labeled Attachment G X Were there any reports or meeting minutes submitted to the municipality by the joint review board? [65 ILCS 5/ (d) (7) (F) and 5/ (d) (7) (F)] If yes, please enclose the Joint Review Board Report labeled Attachment H Were any obligations issued by municipality? [65 ILCS 5/ (d) (8) (A) and 5/ (d) (8) (A)] If yes, please enclose the Official Statement labeled Attachment I X Was analysis prepared by a financial advisor or underwriter setting forth the nature and term of obligation and projected debt service including required reserves and debt coverage? [65 ILCS 5/ (d) (8) (B) and 5/ (d) (8) (B)] If yes, please enclose the Analysis labeled Attachment J X Cumulatively, have deposits from any source equal or greater than 100,000 been made into the special tax allocation fund? 65 ILCS 5/ (d) (2) and 5/ (d) (2) If yes, please enclose Audited financial statements of the special tax allocation fund labeled Attachment K Cumulatively, have deposits of incremental taxes revenue equal to or greater than 100,000 been made into the special tax allocation fund? [65 ILCS 5/ (d) (9) and 5/ (d) (9)] If yes, please enclose a certified letter statement reviewing compliance with the Act labeled Attachment L X A list of all intergovernmental agreements in effect in FY 2010, to which the municipality is a part, and an accounting of any money transferred or received by the municipality during that fiscal year pursuant to those intergovernmental agreements. [65 ILCS 5/ (d) (10)] If yes, please enclose list only of the intergovernmental agreements labeled Attachment M X * Types include: Central Business District, Retail, Other Commercial, Industrial, Residential, and Combination/Mixed. Yes X X X X X WARRENVILLE OLD TOWN/CIVIC CENTER

70 SECTION (65 ILCS 5/ (d) (5) and 65 ILCS 5/ (d) (5)) Provide an analysis of the special tax allocation fund. FY 2015 TIF NAME: WARRENVILLE OLD TOWN/CIVIC CENTER Fund Balance at Beginning of Reporting Period (397,251) Revenue/Cash Receipts Deposited in Fund During Reporting FY: 2015 Reporting Year Cumulative* % of Total Property Tax Increment 3,794 3,794 61% State Sales Tax Increment 0% Local Sales Tax Increment 0% State Utility Tax Increment 0% Local Utility Tax Increment 0% Interest 1,072 2,385 39% Land/Building Sale Proceeds 0% Bond Proceeds 0% Transfers from Municipal Sources 0% Private Sources 0% Other (identify source ; if multiple other sources, attach schedule) 0% *must be completed where current or prior year(s) have reported funds Total Amount Deposited in Special Tax Allocation Fund During Reporting Period 4,866 Cumulative Total Revenues/Cash Receipts 6, % Total Expenditures/Cash Disbursements (Carried forward from Section 3.2) 814,047 Distribution of Surplus Total Expenditures/Disbursements 814,047 NET INCOME/CASH RECEIPTS OVER/(UNDER) CASH DISBURSEMENTS (809,181) FUND BALANCE, END OF REPORTING PERIOD* (1,206,432) * if there is a positive fund balance at the end of the reporting period, you must complete Section 3.3 SURPLUS*/(DEFICIT)(Carried forward from Section 3.3) (1,206,432) WARRENVILLE OLD TOWN/CIVIC CENTER

71 SECTION 3.2 A- (65 ILCS 5/ (d) (5) and 65 ILCS 5/ (d) (5)) FY 2015 TIF NAME: WARRENVILLE OLD TOWN/CIVIC CENTER ITEMIZED LIST OF ALL EXPENDITURES FROM THE SPECIAL TAX ALLOCATION FUND (by category of permissible redevelopment cost, amounts expended during reporting period) FOR AMOUNTS >10,000 SECTION 3.2 B MUST BE COMPLETED Category of Permissible Redevelopment Cost [65 ILCS 5/ (q) and 65 ILCS 5/ (o)] Amounts Reporting Fiscal Year 1. Costs of studies, administration and professional services Subsections (q)(1) and (o) (1) LEGAL SERVICES 35,005 ADMINISTRATION EXPENSES 1,161 APPRAISAL SERVICES 6, Cost of marketing sites Subsections (q)(1.6) and (o)(1.6) 42,166 3.Property assembly: property acquisition, building demolition, site preparation and environmental site improvement costs. Subsections (q)(2), (o)(2) and (o)(3) PROPERTY ACQUISITION - JOHNSON PROPERTY 268,224 PROPERTY ACQUISITION - WANGERIN PROPERTY 275,804 BUILDING DEMOLITION AND SITE PREPARATION - CCRS#1 142,733-4.Costs of rehabilitation, reconstruction, repair or remodeling of existing public or private buildings. Subsection (q)(3) and (o)(4) 686, Costs of construction of public works and improvements. Subsection (q)(4) and (o)(5) ENGINEERING 85,120-6.Costs of removing contaminants required by environmental laws or rules (o)(6) - Industrial Jobs Recovery TIFs ONLY 85,120 - WARRENVILLE OLD TOWN/CIVIC CENTER

72 SECTION 3.2 A PAGE 2 7. Cost of job training and retraining, including "welfare to work" programs Subsection (q)(5), (o)(7) and (o)(12) - 8.Financing costs related to obligations issued by the municipality. Subsection (q) (6) and (o)(8) 9. Approved taxing district's capital costs. Subsection (q)(7) and (o)(9) Cost of Reimbursing school districts for their increased costs caused by TIF assisted housing projects. Subsection (q)(7.5) - Tax Increment Allocation Redevelopment TIFs ONLY Relocation costs. Subsection (q)(8) and (o)(10) - 12.Payments in lieu of taxes as defined in Subsections (m) and (k). Subsection (q)(9) and (o)(11) Costs of job training, retraining advanced vocational or career education provided by other taxing bodies. Subsection (q)(10) and (o)(12) - - WARRENVILLE OLD TOWN/CIVIC CENTER

73 SECTION 3.2 A PAGE Costs of reimbursing private developers for interest expenses incurred on approved redevelopment projects. Subsection (q)(11)(a-e) and (o)(13)(a-e) 15. Costs of construction of new housing units for low income and very low-income households. Subsection (q)(11)(f) - Tax Increment Allocation Redevelopment TIFs ONLY Cost of day care services and operational costs of day care centers. Subsection (q) (11.5) - Tax Increment Allocation Redevelopment TIFs ONLY - - TOTAL ITEMIZED EXPENDITURES 814,047 WARRENVILLE OLD TOWN/CIVIC CENTER

74 Section 3.2 B FY 2015 TIF NAME: WARRENVILLE OLD TOWN/CIVIC CENTER List all vendors, including other municipal funds, that were paid in excess of 10,000 during the current reporting year. There were no vendors, including other municipal funds, paid in excess of 10,000 during the current reporting period. Name Service Amount Chicago Title Company Property Purchase (Johnson) 268, Cohen, Salk, Huvard, P.C. Legal Services 24, DuPage County Collector Property Tax Payment (In relation to acquisition of the Wangerin property) 12, First American Title Property Purchase (Wangerin) 263, Robinette Demolition, Inc. Site Prepartation/Demolition 129, Terracon Remediation Engineering/Site Work 24, V3 Companies Remediation Engineering/Site Work 66, WARRENVILLE OLD TOWN/CIVIC CENTER

75 SECTION (65 ILCS 5/ (d) (5) 65 ILCS (d) (5)) Breakdown of the Balance in the Special Tax Allocation Fund At the End of the Reporting Period FY 2015 TIF NAME: WARRENVILLE OLD TOWN/CIVIC CENTER FUND BALANCE, END OF REPORTING PERIOD (1,206,432) 1. Description of Debt Obligations Amount of Original Issuance Amount Designated Total Amount Designated for Obligations 2. Description of Project Costs to be Paid Total Amount Designated for Project Costs TOTAL AMOUNT DESIGNATED SURPLUS*/(DEFICIT) (1,206,432) * NOTE: If a surplus is calculated, the municipality may be required to repay the amount to overlapping taxing WARRENVILLE OLD TOWN/CIVIC CENTER

76 SECTION 4 [65 ILCS 5/ (d) (6) and 65 ILCS 5/ (d) (6)] FY 2015 TIF NAME: WARRENVILLE OLD TOWN/CIVIC CENTER Provide a description of all property purchased by the municipality during the reporting fiscal year within the redevelopment project area. No property was acquired by the Municipality Within the Redevelopment Project Area Property Acquired by the Municipality Within the Redevelopment Project Area Property (1): Street address: 3S523 Batavia Road, Warrenville, IL Approximate size or description of property:.44 Acres Purchase price: 268, Seller of property: Mrs. Fay Johnson Property (2): and Street address: 3S511 Batavia Road, Warrenville, IL Approximate size or description of property:.98 Acres Purchase price: 263, Seller of property: Mr. Albert Wangerin Property (3): Street address: Approximate size or description of property: Purchase price: Seller of property: Property (4): Street address: Approximate size or description of property: Purchase price: Seller of property: WARRENVILLE OLD TOWN/CIVIC CENTER

77 FY 2015 SECTION 5-65 ILCS 5/ (d) (7) (G) and 65 ILCS 5/ (d) (7) (G) PAGE 1 TIF NAME: WARRENVILLE OLD TOWN/CIVIC CENTER SECTION 5 PROVIDES PAGES 1-3 TO ACCOMMODATE UP TO 25 PROJECTS. PAGE 1 MUST BE INCLUDED WITH TIF REPORT. PAGES 2-3 SHOULD BE INCLUDED ONLY IF PROJECTS ARE LISTED ON THESE PAGES Check here if NO projects were undertaken by the Municipality Within the Redevelopment Project Area: and list them in detail below*. TOTAL: 11/1/99 to Date Estimated Investment for Subsequent Fiscal Year 6 Total Estimated to Complete Project Private Investment Undertaken (See Instructions) Public Investment Undertaken 1,030, ,000 1,444,586 Ratio of Private/Public Investment 0 0 Project 1: *IF PROJECTS ARE LISTED NUMBER MUST BE ENTERED ABOVE MUSSELMAN SITE REMEDIATION, RESTORATION and DEMOLITION Private Investment Undertaken (See Instructions) Public Investment Undertaken 324,530 15, ,530 Ratio of Private/Public Investment 0 0 Project 2: ROAD AND TRANSPORATION PROJECTS Private Investment Undertaken (See Instructions) Public Investment Undertaken 73,551 32, ,051 Ratio of Private/Public Investment 0 0 Project 3: MAIN STREET DRAINAGE STRUCTURE Private Investment Undertaken (See Instructions) Public Investment Undertaken 53,457-53,457 Ratio of Private/Public Investment 0 0 Project 4: WEST BRANCH DuPAGE RIVER RESTORATION Private Investment Undertaken (See Instructions) Public Investment Undertaken 27,500-27,500 Ratio of Private/Public Investment 0 0 Project 5: LAND PURCHASES (JOHNSON AND WANGERIN PROPERTIES) AND SITE WORK Private Investment Undertaken (See Instructions) Public Investment Undertaken 544, , ,028 Ratio of Private/Public Investment 0 0 Project 6: BRIDGE REPLACEMENT - WARRENVILLE RD Private Investment Undertaken (See Instructions) Public Investment Undertaken 105, ,000 Ratio of Private/Public Investment 0 0 WARRENVILLE OLD TOWN/CIVIC CENTER

78 PAGE 2 Project 7: PARK RELOCATION AND RIVER RE-MEANDER Private Investment Undertaken (See Instructions) Public Investment Undertaken 7, , ,020 Ratio of Private/Public Investment 0 0 Project 8: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 9: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 10: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 11: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 12: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 13: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 14: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 Project 15: Private Investment Undertaken (See Instructions) Public Investment Undertaken Ratio of Private/Public Investment 0 0 WARRENVILLE OLD TOWN/CIVIC CENTER

79 Optional: Information in the following sections is not required by law, but would be helpful in evaluating the performance of TIF in Illinois. *even though optional MUST be included as part of complete TIF report SECTION 6 FY 2015 TIF NAME: WARRENVILLE OLD TOWN/CIVIC CENTER Provide the base EAV (at the time of designation) and the EAV for the year reported for the redevelopment project area Year redevelopment project area was designated Base EAV Reporting Fiscal Year EAV ,233,807 8,278,310 List all overlapping tax districts in the redevelopment project area. If overlapping taxing district received a surplus, list the surplus. X The overlapping taxing districts did not receive a surplus. Surplus Distributed from redevelopment Overlapping Taxing District project area to overlapping districts DuPAGE COUNTY FOREST PRESERVE DISTRICT OF DuPAGE COUNTY DuPAGE COUNTY AIRPORT AUTHORITY WINFIELD TOWNSHIP WINFIELD TOWNSHIP ROAD CITY OF WARRENVILLE WARRENVILLE PARK DISTRICT WARRENVILLE FIRE PROTECTION DISTRICT WARRENVILLE PUBLIC LIBRARY DISTRICT COMMUNITY UNIT SCHOOL DISTRICT 200 COLLEGE OF DuPAGE (#502) SECTION 7 Provide information about job creation and retention Number of Jobs Retained Number of Jobs Created Description and Type (Temporary or Permanent) of Jobs Total Salaries Paid SECTION 8 Provide a general description of the redevelopment project area using only major boundaries: See the attachment marked as Section 8 Project Area General Description Optional Documents Legal description of redevelopment project area Map of District Enclosed ATTACHED ATTACHED WARRENVILLE OLD TOWN/CIVIC CENTER

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81 Section 8 Project Area General Description Warrenville TIF#3 Old Town/Civic Center That portion of the City of Warrenville that is generally bounded by the following streets and landmarks: on the north by Illinois Route 56/Butterfield Road, including parcels along the northern frontage; on the east by the West Branch of the DuPage River, including forest preserve parcels and private property between Batavia Road and 2nd Street; on the south by Warrenville Road and Ray Street, including property at the intersections of Warrenville, Batavia, and River Roads, property north of Warrenville Road between Rockwell Street and Mignin Drive, and property north of Ray Street between Curtis Avenue and Rockwell Street; and on the west by approximately Glen Drive.

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89 2ND ST 4TH ST WINFIELD RD TIF #3 GLEN DR N CALUMET AV E IL PRAIRIE PATH IL-56 / BUTTERFIELD RD STAFFORD PL MOUNT ST TRACY PL RIVERVIEW DR GATES PL RAY ST ROCKWELL ST MANNING AV CURTIS AV MAIN ST BATAVIA RD GLEN DR S 1 in = 600 ft MIGNIN DR BURK AV MALVIN ALBRIGHT ST WAGNER DR WARRENVILLE RD WOODLAWN AV WARREN AV BEHRS CIRCLE DR W BEHRS CIRCLE DR E RIVER RD

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93 ATTACHMENT "C"