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Municipal Building Authority approves Sept. 30, 2025 minutes; reports no active CIB loans
Summary
At its May 26 meeting, the Kane County Municipal Building Authority approved minutes from Sept. 30, 2025, and recorded that all Community Impact Bond (CIB) loans have been fulfilled so there are no active CIB loans. The meeting lasted about one minute and adjourned at 9:01 a.m.
The Kane County Municipal Building Authority met on May 26, 2026, in the Commission Chambers at the Kane County Courthouse and approved minutes from its Sept. 30, 2025 meeting, a clerk said. "We don't have any CIB loans... all of our CIB loans have been fulfilled, and completed," the clerk said, adding that "right now, we don't have any active loans out with it with the CIB."
The clerk moved to approve the Sept. 30, 2025 minutes as part of the consent agenda; a voice vote resulted in recorded 'Aye' responses and the clerk stated the minutes were approved. A motion to adjourn followed, and the clerk declared the meeting adjourned at 9:01 a.m. The transcript includes a typographical date of May 26, 2000, but the meeting header and context identify the session as May 26, 2026. No other agenda items, presentations, or public comments were recorded in the provided transcript.
