Glen Carbon approves master development agreement to advance STAR bond application

The Village Board of Glen Carbon voted to execute a master development agreement with Destination Illinois LLC to support the village’s STAR bond district application to state agencies. The board approved resolution 2026-54 after outside counsel described the document as largely placing obligations on the developer rather than the village.

John Flynn of Gilmore and Bell, the village’s counsel on the submission, told trustees the statutory requirements for the STAR Bond Act can be satisfied with this agreement and that the village’s obligations are narrow: the village would consider developer-requested amendments and, if a STAR bond project is later approved, provide annual reports and requested backup information to state reviewers. "There is absolutely no liability the village is taking on under this agreement," Flynn said.

Attorney Schrupp, who reviewed the draft, confirmed the agreement does not commit the village to future actions beyond reporting requirements. The village staff explained the state requested a signed master development agreement as part of the application packet to the Illinois Department of Commerce and Economic Opportunity, Department of Revenue and the Governor’s Office of Management and Budget; those offices had 60 days to provide a recommendation under the statute.

Trustees approved the resolution by roll call. The approval allows village officials to submit the completed application package as requested by state reviewers; any future STAR bond project would require separate approvals and compliance with the obligations described in the statute and developer agreement.