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TO: Mayor Robert J. O’Connor
FROM: Planning Commission
DATE: March 9, 2017
SUBJECT:
A Resolution Approving the Final Plat for River Street Plaza Phase One Resubdivision Subdivision, located at west bank of the Fox River south of Benton Street (Centrue Bank, River & Benton, LLC, and Fitzpatrick Properties, LLC - 17-00170 / AU21/4-14.142-Fpn/R/AG - TV - Ward 4)
PURPOSE:
The Petitioner is requesting approval of a Final Plat Revision for Lots 1 and 2 of River Street Plaza Subdivision Phase 1 located at west bank of the Fox River south of Benton Street
BACKGROUND:
The Subject Property is part of the River Street Plaza property with DF(S) Downtown Fringe zoning, which is part of the River Street Plaza Special Use Planned Development. Additional information on the legislative history of the property can be found in the attached Property Information Sheet.
The Petitioners are requesting approval of a Final Plat Revision for Lots 1 and 2 of River Street Plaza Subdivision Phase One. The revision will reconfigure the lots to create a Lot 3 and to enlarge Lot 2 to include the upper pathway to the bank of the Fox River expanding the public access along the River.
Concurrently with this proposal, the Petitioners are requesting approval of a Dedication Agreement for conveyance of Lot 2 of River Street Plaza, Phase One Resubdivision to the City of Aurora. Centrue Bank, who acquired a portion of the property through default, is looking to complete their commitments of the Redevelopment Agreement. As part of their obligations, Centrue Bank constructed the upper pathway along the bank of the Fox River for the entire length of the property.
DISCUSSION:
Staff has reviewed the Final Plat Revision petition and have sent comments back to the petitioner on those submittals. The petitioner has made the requested revisions to these documents and they now meet the applicable codes and ordinances.
POLICIES AND GUIDELINES:
10.0 To provide for the orderly, balanced and efficient growth and redevelopment of the City through the positive integration of land use patterns, functions, and circulation systems. To protect and enhance those assets and values that establishes the desirable quality and general livability of the City. To promote the City’s position as a regional center.
11.0 To guide the growth of the City in an orderly and structured manner.
11.1(5) To guide and promote development to areas where public utilities, public roads and municipal services are either available or planned.
RECOMMENDATIONS:
The Planning Commission recommended APPROVAL of the Resolution Approving the Final Plat for River Street Plaza Phase One Resubdivision Subdivision, located at west bank of the Fox River south of Benton Street.
ATTACHMENTS:
Exhibit "A" Final Plat
Land Use Petition with Supporting Documents
Property Research Sheet
Legistar Number: 17-00170
cc: Stephane Phifer, Planning Director
Bill Wiet, Chief Development Services Officer

CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
title
A Resolution Approving the Final Plat for River Street Plaza Phase One Resubdivision Subdivision, located at west bank of the Fox River south of Benton Street
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WHEREAS, the City of Aurora has a population of more than 25,000 persons and is, therefore, a home rule unit under subsection (a) of Section 6 of Article VII of the Illinois Constitution of 1970; and
WHEREAS, subject to said Section, a home rule unit may exercise any power and perform any function pertaining to its government and affairs for the protection of the public health, safety, morals, and welfare; and
WHEREAS, by petition dated April 28, 2014, Centrue Bank filed with the City of Aurora a petition requesting approval of a Final Plat Revision for Lots 1 and 2 River Street Plaza Subdivision Phase 1 located at west bank of the Fox River south of Benton Street and related required documents as attached hereto as Exhibits "A"; and
WHEREAS, after referral of said petition from the Aurora City Council, the Aurora Planning Commission on March 8, 2017, reviewed the petition and recommended APPROVAL of said petition; and
WHEREAS, on March 16, 2017, the Planning and Development Committee of the Aurora City Council reviewed said Final Plat Revision and the before mentioned recommendations and recommended APPROVAL of said petition; and
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Aurora, Illinois, finds as facts all of the preamble recitals of this Resolution and hereby grants APPROVAL of said Final Plat
BE IT FURTHER RESOLVED that the City Council of the City of Aurora hereby adopts the Final Plat and related required documents as attached hereto as Exhibit "A" Final Plat along with any dedications deemed necessary by the Aurora City Engineer.