A Motion to Consent to the Village President’s Appointment of:
Housing Programs Advisory Committee (HPAC) - Catherine Bendowitz,
Appoint as Committee Member
C.
Transportation Commission (TC) - Julie Johnston-Ahlen, Reappoint as
Commissioner
Overview:
Board and Commission Information
Housing Programs Advisory Committee | The Housing Programs Advisory
Committee is an advisory board concerning programs and methods to
accomplish the following goals within the Village of Oak Park: enhance the
quality of residential properties, attract an economically and racially diverse
population, develop and maintain affordable housing options, and increase the
value of residential properties.
Transportation Commission | The Transportation Commission hears parking
and traffic concerns and makes recommendations for improved parking and
traffic conditions, the administration and enforcement of traffic regulations and
for public education about traffic safety.
XV. Public Hearing
XVI. Consent Agenda
Concur with the Zoning Board of Appeals and Adopt an Ordinance
Approving a Special Use Permit for 427 Madison LLC, to Construct Four
(4) Townhomes at 427 Madison Street
D.
Overview:
The Petitioner, 427 Madison LLC, owner of the property located at 427 Madison
Street, submitted an application for a special use permit with the Zoning Board
of Appeals. The Petitioner requests that the Village grant a special use permit
for the construction a four (4) unit, 3-story plus penthouse townhouse
development within the MS Madison Street Zoning District. As part of the
redevelopment of the property, the Petitioner was granted two (2) variances by
the ZBA for: 1) a reduction of the rear yard setback from a required 25’ to 18’-
7.5”, inclusive of the alley, along the west lot line and 2) an increase in height
from a required 35 feet to 40 feet. If the Village Board chooses to deny the
special use application, the variances would become null and void.
Approval of an Ordinance for Refunding Certain Outstanding Bonds and
Issuance of New Bonds
E.
Overview:
This is a consideration and action on an Ordinance providing for the issue of not
to exceed $75,000,000 General Obligation Bonds, Series 2026, of the Village of
Oak Park, Cook County, Illinois, for the purpose of financing streetscape and
infrastructure improvements within the Village and refunding certain outstanding
bonds of the Village, authorizing the execution of an escrow agreement in
connection with the issue of said bonds, and authorizing the sale of said bonds
to the purchaser thereof.