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Rosemont board approves Sixth Amendment to South River Road TIF 4 and establishes Balmoral/River Road TIF 9

Village of Rosemont Board of Trustees · November 18, 2024
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Summary

The board adopted six ordinances via consent approving the Sixth Amended Redevelopment Plan for South River Road TIF 4 and creating the Balmoral/River Road TIF 9 redevelopment area as part of a consent agenda.

Trustees voted unanimously on a consent agenda that included six ordinances to amend the South River Road TIF 4 redevelopment plan and to establish the Balmoral/River Road TIF 9 Redevelopment Project Area. The ordinances—recorded as Ordinance 2024-11-18, 2024-11-18A, 2024-11-18B, 2024-11-18C, 2024-11-18D and 2024-11-18E—were advanced as a single consent action and approved without recorded dissents.

Trustee Dorgan moved to establish the consent agenda and Trustee Minale seconded. The board’s unanimous vote clears the amendments and the new TIF designation for administrative processing; the minutes list the ordinances by number but do not include additional project specifics in the public minutes.