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Carpentersville manager highlights development milestones, awards and staffing gains

Village of Carpentersville Board of Trustees · June 2, 2026
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Summary

Village Manager Brad Stewart told trustees the Iron Flats development is scheduled to close June 11, Fox Valley Church annexation will be presented June 16, the village received GFOA awards, and the village added firefighters and officers as the board advances major capital projects.

Village Manager Brad Stewart used his June 2 report to highlight near-term development activity, municipal financial awards and staffing improvements.

Stewart said Iron Flats is scheduled to close on June 11 and staff expect construction to begin late this summer with completion targeted for next spring. He said Fox Valley Church is proceeding with an annexation petition and agreement that will be presented to the board on June 16 and that the church has invited the board to a ceremonial groundbreaking on June 14; a key annexation element is dedication of a public access drive to connect Huntley Road with the Menard's parking lot to improve traffic flow on the Randall Road corridor.

Stewart also announced a naming contest for a new riverfront park (resident submissions to be reviewed by staff), and he noted the village received a Certificate of Achievement for Excellence in Financial Reporting and a Distinguished Budget Presentation Award from the Government Finance Officers Association. He said the village did not increase its corporate property tax levy for the eighth straight year and reported an improved bond rating tied to a long-term capital plan that contemplates reduced debt service while pursuing projects such as village hall and police station upgrades.

On public safety staffing, Stewart said the village hired nine full‑time firefighters and three additional police officers in recent years and assigned an additional officer to special operations to focus on gang and drug activity; the village also added a community engagement position.

Why it matters: the items affect local development approvals, traffic access in a retail corridor, future capital spending and the fiscal picture residents see through taxes and planned projects.

What’s next: staff will present the Fox Valley Church annexation at the June 16 meeting; the Iron Flats closing is scheduled for June 11 and staff will return with follow-up materials as projects advance.