Elmhurst Aldermen Will Analyze Hahn Project Finances, Review TIF Performance

Elmhurst City Council members on Monday will begin analyzing the financial implications of proposals put forth by the two candidates for the Hahn Street development. Preliminary discussions last week indicate the proposal offered by Lincoln Properties is a better financial deal for the city. 

Aldermen will kick off that meeting at about 8 p.m., as a Committee of the Whole, immediately following meetings of three of the city's standing committees and the annual meeting of the TIF Joint Review Board.

TIF Joint Review Board will review all four of the city's TIF districts, along with a 2012-13 annual report for each, concurrently at 6 p.m.

Standing committees begin at 7 p.m. with the following agendas:

Development, Planning and Zoning Committee

• Elmhurst sustainability policy and future goals
• Monotony policy on single family residential developments
• Findzall Community Marketing contract renewal
• Review of pending items

Public Works and Buildings Committee

• Stormwater update: New home construction policy recommendations
• Southwest Elmhurst Wet Water Control Facility: resident and sanitary system engineering services
• Rear yard drain program

Finance, Council Affairs and Administrative Services Committee

• Review fiscal year 2012-13 financial audit
• Begin review of city procurement process referral