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Kenilworth Joint Review Board accepts 2023 TIF report, flags water-main infrastructure cost
Summary
The Joint Review Board reviewed and accepted the 2023 Annual Tax Increment Finance report on July 19, 2023; members noted 2022 spending on a concept design and an anticipated cost for a new water main and related infrastructure within the redevelopment district.
The Kenilworth Joint Review Board accepted the 2023 Annual Tax Increment Finance (TIF) Report during a brief meeting on July 19, 2023. Chair Patrick Brennan summarized that 2022 expenditures included funding for a concept design of a mock development in the district and that the report lists an infrastructure expense that represents the anticipated cost of a new water main and related improvements.
The acceptance was moved by New Trier Township member Gail Eisenberg and seconded by Dr. Chris Johnson of District #203. A roll-call vote was held with no dissenting votes; Chair Brennan declared the motion passed. The board did not adopt any specific capital project at the meeting; members discussed the report as an informational oversight step in the TIF process and requested continued review of parcel and infrastructure needs in follow-up packets.
