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TO: Mayor Richard C. Irvin
FROM: Trevor Dick, Assistant Director of Economic Development
DATE: February 10, 2023
SUBJECT:
An ordinance authorizing the execution of an amendment to the intergovernmental agreement between the City of Aurora and the County of Kane regarding access and improvements to Orchard Road from the I-88 Westbound access ramp to Jericho Road.
PURPOSE:
The purpose for this update is to support an additional access point, not originally considered in the existing intergovernmental agreement a future 3/4 access approximately 1,100 feet south of the I-88 eastbound ramp to serve and support future mixed-use development.
BACKGROUND:
The City of Aurora and Kane County entered into an agreement dated February 8, 2000 titled "Intergovernmental Agreement Between the City of Aurora and the County of Kane regarding access and improvements to Orchard Road from the I-88 Westbound Access Ramp to Jericho Road".
In 2019, owners of the key redevelopment property on Orchard Road adjacent to I-88 met with City staff to discuss potential development of their long vacant 30-acre vacant parcel. According to staff, consultants and real estate brokers, improved vehicular access off of Orchard Road east into the property is necessary to support future desirable development.
Although at this time only a vision, the City's vision for the property would be to be a mixed-use development including a combination of restaurants, retail, office, and entertainment uses. The result would be a key redevelopment site at an important entrance to the west end of the City providing new employment, shopping and dining opportunities and additional tax revenue. City staff, in concert with property owner representatives created a concept plan to assist in illustrating the potential development.
In 2020, the City of Aurora entered into a professional services agreement with Iteris, Inc of St. Charles, IL to conduct a Traffic Impact Analysis to support the City's vision for...
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