Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
Council approves payables, TIF transfer, property purchase and restaurant lease; OKs switching city credit card to WinTrust
Summary
At the July 22 meeting the council approved payroll and accounts-payable items, a resolution to transfer tax-increment funds, a purchase-and-sale for a vacant property, a lease with Arcis Restaurant Group LLC, and a motion to replace the city's credit-card provider with WinTrust Bank.
Get email alerts on the Municipal Finance topic
No spam. Unsubscribe anytime.
The council approved several routine and economic-development items on July 22, including payroll and accounts-payable rolls, a resolution authorizing a transfer of incremental tax-allocation funds, a purchase-and-sale agreement for a vacant property, a lease with a restaurant operator, and authorization to apply for a city credit card with WinTrust Bank to replace the city's Bank of America card.
Payroll on the agenda included a payroll dated July 18, 2025, for $454,636.39. The council approved the payroll and subsequent accounts-payable items by roll call; the roll calls recorded six ayes on the listed motions.
A resolution described in the meeting as authorizing transfer of incremental revenues within tax-increment financing (TIF) districts referenced a statutory citation in the materials as “65 ILCS 5 11 South Florida Dot 402” (text as printed in the packet). The council approved that resolution by roll call.
The council approved a purchase-and-sale agreement for 2133 West Corner/30 Sixth Street (described as vacant) and approved an ordinance authorizing a lease agreement by and between the city and Arcis Restaurant Group LLC for property at 13357 Western Avenue. The council also authorized staff to apply for a city credit card backed by WinTrust Bank; staff said the new card would replace the city's account currently with Bank of America to consolidate banking relationships.
None of the listed items drew sustained debate at the meeting; votes were taken by roll call and recorded as passing.

