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East Dundee board hears annexation pitch for 74.55 acres at Beverly Road and Route 72; trustees press for fiscal analysis
Summary
Developers and staff described a proposed annexation of 74.55 acres and requested incentives including a 25% TIF reimbursement and a 50% parking-tax rebate; trustees asked for a net fiscal-impact analysis and tighter triggers before committing to utility extensions potentially costing $6–9 million.
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Developers seeking to annex 74.55 acres at the southwest corner of Beverly Road and Route 72 outlined a framework of incentives and entitlements at the Aug. 3 Village of East Dundee board meeting, but trustees pressed for more fiscal detail before approving any commitments.
Village staff and counsel described the eastern parcels as part of a larger 253-acre holding that includes areas annexed in January 2025. Staff said the owner is asking that the eastern parcels be zoned M-1 (Limited Manufacturing) with the same conditional uses granted to the western parcels, and requested incentives to support redevelopment. Those incentives include a 25% reimbursement of any tax-increment financing (TIF) increment generated by a parcel (the village would retain 75%), a 50% parking-tax rebate if commercial parking is installed, and assistance pursuing a Cook County Class 6B classification (which reduces assessed value for up to 12 years). Staff stressed that any TIF reimbursements would be “pay as you go” and limited to eligible redevelopment costs such as site grading, environmental work, engineering and land acquisition, not to direct new construction costs.
Developer representative Ryan Trottier framed the incentives as necessary to attract development to a parcel that currently is largely agricultural or vacant and has known site constraints. “It brings 75% of what you don't have today,” he said, arguing the proposal would generate new revenue versus the current condition.
Trustees repeatedly raised the same concerns: how to define the development trigger for incentives, whether incremental revenue could realistically cover a major utility extension, and whether uncapped percentage reimbursements leave the village exposed. Staff suggested a 100,000-square-foot industrial building as one possible qualifying trigger, but trustees asked for alternative definitions tied to building-permit revenue or a net fiscal-impact test. Multiple trustees described an estimated utility extension cost in the $6–9 million range and said they wanted an analysis showing how and when the village would recoup such an outlay.
Several trustees also questioned whether variances that allow gravel truck parking, reduced paving, or limited lighting should be included in an annexation agreement or handled later via special-use permits. Trustees and some residents cited safety, maintenance and public-safety call-volume concerns related to unregulated gravel parking and urged narrower, parcel-specific approvals instead of blanket entitlements.
Staff said annexation ordinances and the annexation agreement were not on the agenda that night; the public hearing and developer testimony were intended to solicit trustee guidance. The board closed the hearing after public testimony and directed staff to return with more detailed fiscal analysis and refined qualifying triggers.

