2026-02-02 Village of Lisle Regular Board Meeting

The Village of Lisle held its regular board meeting on February 2, 2026, where key procurement-related discussions focused on a resolution of inducement related to the redevelopment of the former Family Square property by Lisle FC LLC. The board approved a resolution expressing the village's official intent to recognize certain redevelopment expenses as reimbursable under the Downtown Tax Increment Financing (TIF) District or a potential new TIF district. This action preserves eligibility for demolition and other redevelopment costs ahead of a future redevelopment agreement. The meeting also included approval of invoice lists totaling over $1.8 million for January and February 2026. Public comments addressed concerns about a proposed data center development and water utility issues, but no direct procurement decisions were made on those topics. Additionally, the board appointed Edward McQuillan as a new trustee and acknowledged monthly financial reports.