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Committee tables amendment to 1300 Roosevelt development agreement, staff outlines DuPage County IGA and costs
Summary
The finance committee moved to table an amendment to the development agreement with 1300 Roosevelt Investors LLC but heard a staff presentation from Kelly on a DuPage County intergovernmental agreement that would shift approximately $550,000 in county-required road improvements to the developer and update TIF-eligible expense exhibits.
The West Chicago Finance Committee on March 2 voted to table an amendment to the development agreement with 1300 Roosevelt Investors LLC and an associated intergovernmental agreement with DuPage County, but staff used the meeting to preview the proposal and seek committee direction before a March 16 City Council hearing.
Alderman Swiatek moved to table the item and Alderman Beebe seconded; the chair called for ayes and the motion passed by voice vote.
City staffer Kelly summarized the project background: the agreement (signed in May 2023) would allow one or two industrial buildings in the Roosevelt–Fabian TIF district and anticipated…
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