Report of the Committee-of-the-Whole Meeting of February 13, 2017

Class 6b Tax Abatement Program

Trustee Scaletta moved, seconded by Trustee Glasgow, that the Committee-of-the-Whole recommend to the Village Board continued use of this program and continued funding from Class 6b applicants, subject to the following modifications:

• Modify the Village's criteria to eliminate the requirement for 10 Arlington Heights employees and include in the application that "the applicant should outline efforts to reach out to Arlington Heights residents, regarding future employment opportunities."

• Modify the Class 6b remittance agreement (10% of the tax savings annually to the Village during the first 5 years of the tax abatement) as follows: the Village will place these funds into the zero interest loan program or other economic development activities as may be approved by the Village. The motion passed with Trustees Blackwood, Glasgow, LaBedz, Scaletta, Sidor, and Mayor Hayes voting aye and Trustee Rosenberg voting no.

Report of the Committee-of-the-Whole Meeting of February 13, 2017

Proposed Modifications to the Small Business Tax Rebate Program

Trustee Scaletta moved, seconded by Trustee LaBedz, that the Committee-of-the-Whole recommend to the Village Board approval of the proposed modifications to the Small Business Sales Tax Rebate Program:

• Increasing the rebate amount that the business receives to 50% of local sales tax generated throughout the duration of the incentive period.

• Increasing the maximum duration of the incentive period to five years, not to exceed the length of the lease.
  
  
• Reducing the expansion requirement to 25% of floor area for existing businesses. The base year requirement will remain in effect.
  
  
• Allowing the business to propose store hours, as long as it is open at least 40 hours per week and at least one weekend evening until 8:00 p.m. between April 1 and October 31, which the Village can take into account when considering the application. The application will recommend the business hours that were previously a requirement.
  
  
• Requiring a minimum three-year lease. However, the incentive period may not exceed the duration of the lease.
  
  
• Removing language referencing that the business must "make an investment in their business or physical facilities," as this is already assumed by a tenant's commitment to a particular space. The motion passed unanimously.

An Ordinance Dissolving Redevelopment Project Area No. 1 of the Village of Arlington Heights, Illinois and Related Matters

Bond Waiver - St. Edna Bingo

Southpoint Shopping Center - 630-720 E. Rand Rd. - PC#16-025

Preliminary and Final Plat of Resubdivision

Windsor School - 1315 E. Miner St. - PC#16-026

Amendment to Special Use Ordinance #90-082

Request for Closed Session per 5 ILCS 120/2(c)(21): Discussion of minutes lawfully closed, whether for purposes of approval of the minutes or the semi-annual review of the minutes

- and -

5 ILCS 120/2(c)(11): Litigation, when an action against, affecting or on behalf of the Village has been filed and is pending before a court or administrative tribunal, or when the Board finds that an action is probable or imminent