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Regular Village Board meetings are typically held at 7:00 p.m., the first three Tuesdays of each month in Council Chambers of Village Hall (room 201), 123 Madison St. When a Regular Meeting falls on a holiday, the meeting typically is held the following night. The Village Board also meets in special sessions from time to time. However, dates and times of Special Meetings can vary and may change.

File #: ORD 24-126    Name:
Type: Ordinance Status: Passed
In control: President and Board of Trustees
On agenda: 7/30/2024 Final action: 7/30/2024
Title: An Ordinance Granting an Extension of Time to Complete Construction of the Planned Development at 640-728 Madison Street (Pete's Market) to Sixteen Months after the Permit Date as Defined in the Sixth Amendment of the Redevelopment Agreement
Attachments: 1. ORD 24-126, 2. ORD 23-2 Extension 1, 3. ORD 21-16 Approved PD, 4. Extension Request

Submitted By                     

Emily A. Egan, Development Services Director

 

Reviewed By

Erin E. Baynes, Assistant to the Village Manager

 

Agenda Item Title

Title

An Ordinance Granting an Extension of Time to Complete Construction of the Planned Development at 640-728 Madison Street (Pete’s Market) to Sixteen Months after the Permit Date as Defined in the Sixth Amendment of the Redevelopment Agreement 

End

Overview

Overview

This request is to allow sufficient time for the commercial development to be completed. This item is in conjunction with ORD 24-143 regarding a Sixth Amendment to the Redevelopment Agreement. End

 

Recommendation

Recommendation

Approve the Ordinance to allow an extension of time for the completion of the previously approved Planned Development construction. The Applicant requests an extension from June 30, 2024, to sixteen (16) months after the “Permit Date” as defined in the Sixth Amendment of the Redevelopment Agreement.

 

Background

The Village Board approved this Planned Development with Ordinance 21-16 at their February 16, 2021 meeting. The Village Board approved an extension of the Planned Development at their January 17, 2023 meeting with Ordinance 23-2.

 

The applicant and developer of the Subject Property have experienced delays in beginning construction due to COVID-19 pandemic, supply chain issues, and relocation of underground utility work which impacted the development and completion of design drawings. 

 

Fiscal Impact

The applicant will owe a fee to the Village in the amount of $2,000 for an extension of the Planned Development Ordinance.

 

DEI Impact

N/A

 

Alternatives

The Board can choose not to Adopt the Ordinance.

1.                     This would make the current Planned Development Ordinance null and void. 

2.                     Any new such proposal would be required to proceed through the Planned Development application process.

 

Previous Board Action

The Village Board approved this Planned Development at their February 16, 2021 meeting.

The Village Board approved an extension of the Planned Development at their January 17, 2023 meeting.

 

Citizen Advisory Commission Action

N/A

 

Anticipated Future Actions/Commitments

N/A

 

Intergovernmental Cooperation Opportunities

N/A