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Trustees ask staff for more work on land‑cash ordinance changes; debate timing of developer payments
Summary
Staff presented short‑term edits to the village’s land‑cash ordinance and trustees asked for further study on payment timing, whether school districts may use funds for building repairs, and how to value donated land; staff will expand the review with partners and return with recommendations.
Village staff presented proposed short‑term revisions Feb. 4 to the village’s land‑cash ordinance — a statute last substantially updated in 1996 — and asked trustees for direction on several items, including when developer payments should be made and whether the school district may use land‑cash funds for building maintenance or repairs.
Staff said the school district has told the village it has ample land and is more interested in funding capital repairs to existing buildings. The proposed redline language would continue to prohibit use of land‑cash proceeds for recurring salaries but would allow the village board flexibility on whether payments are collected at final plat approval or at permit issuance; staff noted many developers prefer permit‑time payment because it helps with cash flow.
Trustees debated the trade‑offs: collecting funds at final plat ensures funds are available earlier for school or park needs, while collecting at permit time can ease developer financing and facilitate development. Trustees also discussed methodologies for calculating the fee across mixed unit types in a subdivision (e.g., bedroom counts, unit mix) and asked staff to benchmark surrounding communities’ approaches. Staff suggested a broader ordinance review this year that would engage the park district and school district to set long‑term policy.
Ending: Trustees asked staff to continue work on the ordinance, provide comparative examples from nearby communities, and return with a revised draft and recommended approach on payment timing and valuation of donated land; staff also flagged that any negotiation may be negotiated in annexation or development agreements as appropriate.
