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Village hires SB Friedman to study TIF/business district eligibility; zoning rewrite underway

3477400 · May 24, 2025
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Summary

The board reviewed the kickoff for SB Friedman’s study of TIF/business-district eligibility in the triangle and heard an update that consultants are streamlining the village’s zoning code; SB Friedman expects an eligibility analysis in 45–90 days and public outreach in July.

At the board’s May 8 authorization, SB Friedman began an engagement to study eligibility for a tax-increment financing (TIF) district and for a business district in the village’s triangle area. The consultant’s kickoff call took place May 20 and staff said SB Friedman will perform data collection, site visits and an eligibility analysis that staff estimates will take 45 to 90 days. The village manager said the firm will present preliminary findings and take public input at a July Economic Development Commission meeting.

If the area is eligible, the consultant would move to the second phase — drafting documents, preparing legal notices, and conducting the public-review process — which could take an additional three to five months and include joint review board hearings and public hearings. The village manager said staff and SB Friedman will prepare an eligibility report and policy recommendations at the end of the first phase.

Separately, the village’s zoning-code consultant has submitted draft structural changes that would consolidate districts, create a clear land-use map, streamline definitions, and shift some minor discretionary decisions to administrative review to speed routine approvals. Staff plans to circulate the zoning changes to the Planning and Zoning trustee and the Economic Development Commission for review before public hearings. No final zoning changes were approved at the meeting.