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University Park holds public hearing on proposed amendment to TIF 7
Summary
Village of University Park’s joint review board convened a public hearing on a proposed TIF 7 amendment covering about 214 acres west of the existing district; Ryan LLC presented an eligibility report and the board will consider ordinances after the required 14-day waiting period. Residents registered opposition during public comment.
The Village of University Park opened a joint review board public hearing on a proposed amendment to Tax Increment Financing (TIF) District 7, which would extend redevelopment coverage onto roughly a 214‑acre area west of the existing district.
Chuck Durham of Ryan LLC, the village’s TIF consultant, said Ryan prepared the eligibility report and supporting documents that demonstrate the amendment satisfies the Illinois Tax Increment Allocation Redevelopment Act (Ill. Comp. Stat. ch. 65, secs. 5/11‑74 to 5/4.5). Durham said the consultant will deliver ordinances for board consideration at the July 28 meeting, but noted state law requires a minimum 14‑day waiting period and that no final ordinances could be adopted at the hearing.
The manager’s office reviewed the notification record for the action: certified notices went to affected taxing districts (about 22) and the Illinois Department of Commerce and Economic Opportunity; legal advertisements ran in the Daily Southtown on June 10–11, 2026; and property owners and nearby residents received mailed notices as required by statute.
During public comment, resident Mildred “Miss Millie” Morgan told the board she and other longtime residents oppose additional TIF districts in the village and asked the trustees to record that opposition. Durham and staff reiterated that the hearing is an opportunity for public input and that the village has made no commitments to private developers at this stage.
Next steps: staff will deliver the proposed ordinances to the board for consideration on July 28, 2026, after the statutory notice period. If the board ultimately adopts the ordinance, the village will then work with interested private entities to consider redevelopment proposals.
Speakers quoted (selected): “The purpose of the proposed TIFF amendment is to promote new residential, commercial, and industrial development on approximately a 214 acre parcel,” Ryan LLC’s Chuck Durham said during the hearing; resident Mildred Morgan said, “We have enough TIFs here… we’re not interested in any TIFs.”
The hearing record and published notice materials will be available from the village manager’s office and in the meeting packet for the board’s July 28 meeting.
