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Committee recommends incentives to help redevelop former Speedway Auto Mall at 1590 West Lane Road
Summary
The Machesney Park Administration Finance Committee on June 15 voted to forward two related incentive agreements for CUNIS (Cunis) Auto Exchange — one sharing 1% of sales tax on titled goods and a separate 1% business-district redevelopment share — to the full board with positive recommendations.
The Machesney Park Administration Finance Committee on June 15 recommended that the full board approve two related incentive agreements to help CUNIS (referred to in the transcript as both “CUNIS” and “Kunis”) Auto Exchange redevelop the former Speedway Auto Mall at 1590 West Lane Road.
Village Administrator James Richtor told the committee the business acquired the site and plans to convert it into a used-vehicle dealership with an expanded service area and a reconditioning center. “They needed some assistance with the cost to redevelop that property,” Richtor said, and the village is proposing to share two separate 1% incentives: “the first relates to the sharing of the 1% sales tax on titled goods…,” and the second is “the business district redevelopment agreement…an additional 1% that’s collected in that area not on titled goods,” Richtor said.
The committee approved Resolution 49R26 (the economic incentive agreement) and Resolution 50R26 (the business district redevelopment agreement) and will send both to the July 6 board meeting with positive recommendations. The motions and seconds were recorded on the record; the transcript shows unanimous committee support to forward each resolution.
Votes at a glance - Minutes from June 1, 2026: approved (motion recorded as made by Trustee Stroberg; second by Trustee Rhodess). - Warrant: approved and to be forwarded to the board with a positive recommendation; the transcript lists warrant amounts as “$516,000” and “$6,375” but the relationship between those figures is not specified in the record. - Resolution 49R26 (economic incentive agreement with CUNIS/Cunis Auto Exchange for 1590 West Lane Road): forwarded to the July 6 board meeting with a positive recommendation (mover: Miss Bain; seconder: Trustee Stroberg). - Resolution 50R26 (business district redevelopment agreement with CUNIS/Cunis Auto Exchange for 1590 West Lane Road): forwarded to the July 6 board meeting with a positive recommendation (mover: Mr. Simons; seconder: Mr. Vitali).
What happens next Both resolutions will appear on the full board agenda July 6; the committee’s action was a positive recommendation, not final adoption. Staff indicated the incentives are intended to offset redevelopment costs related to converting the former Speedway Auto Mall into a used auto dealership and associated service functions.
(Reporting note: the transcript contains inconsistent spellings for some names and for CUNIS/Cunis; amounts listed for the warrant are ambiguous in the record. The article uses speakers and wording that appear explicitly in the transcript.)
