Kendall County Economic Development Committee met Oct. 25.
Here is the minutes provided by the committee:
Call to Order
The meeting was called to order by Chair Audra Hendrix at 9:00a.m.
Roll Call
| Attendee | Status | Arrived | Left Meeting |
| Amy Cesich | Present | ||
| Scott Gryder | ABSENT | ||
| Audra Hendrix | Here | ||
| Matthew Prochaska | Here | ||
| Robyn Vickers | Here |
Approval of Agenda – Member Prochaska made a motion to approve the agenda, second by Member Cesich. With four members voting aye, the motion was approved.
Approval of October 4, 2019 Meeting Minutes – Member Cesich made a motion to approve the August 20, 2019 meeting minutes, second by Member Prochaska. With four members voting aye, the motion carried by a vote of 4-0.
Committee Business
Updates and Reports – Economic Development Commission Loan Status written report for September 2019 provided.
Chairs Report – Chair Hendrix reported that she will be attending a webinar hosted by the Smart Energy Design Assistance Center (SEDAC) on C-Pace programs and financing in Illinois, on November 14th to learn about qualifying projects, available financing and how to participate in the Illinois C-PACE program. Commercial Property Assessed Clean Energy (C-PACE), is a unique financing model used to fund energy efficiency, renewable energy and water use improvement projects.
Items for the County Board
Approval of the Revised Revolving Loan Fund Recapture Strategy – Mr. Koeppel outlined some of the changes made to the document. Discussion on the Municipal Loan section, and what entities are defined for this classification, discussion on Forest Preserve Districts, Townships, Park Districts and whether they would qualify.
Discussion on the per capita loan limits. There was consensus by the committee to remove the per capita loan limit requirements, as well as Section VI. Items 1 and 2, and under the County Inter-fund loan section, V11.
Member Prochaska made a motion to forward the Revised Revolving Loan Fund Recapture Strategy to the County Board for approval, second by Member Vickers. With four members present voting aye, the motion carried by a vote of 4-0.
Discussion of RFQ for Economic Development Services – Mr. Koeppel reported he has contacted several companies regarding services to the County for Economic Development, for advice on whether to hire a County employee or Consultant to provide services, and has not had much success in obtaining information or service from companies in Illinois.
Discussion on an RFQ, qualifications, County employee versus consultant, salary, funding source, and exactly what the person would be expected to do.
Member Prochaska made a motion for Mr. Koeppel to proceed with the creation of the RFQ to hire someone to create an Economic Development Corporation, and to use funds from the Revolving Loan Fund in an amount not to exceed $150,000 for the first year of development, second by Member Cesich. With four members present voting aye, the motion carried by a vote of 4-0.
Member Hendrix requested the following item be added to a future meeting agenda for discussion: Where and what does Kendall County need to focus on for Economic Development and growth?
Items for the Committee of the Whole Meeting - None
Public Comment – None
Executive Committee – Not needed
Adjournment - Member Prochaska made a motion to adjourn, second by Member Cesich. There being no objection, the Economic Development Committee meeting was adjourned at 10:00a.m.
https://www.co.kendall.il.us/wp-content/uploads/10-25-2019-Econ-Dev-Minutes.pdf
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