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TO: Mayor John Laesch
FROM: Jason Bauer, Director of Public Works
DATE: March 24, 2026
SUBJECT:
A Resolution for reduction No. 01 for Fox Valley Mall- Phase 2 Residential, 2022.227, 195 Fox Valley Center Dr in Aurora, Illinois Ward 10.
PURPOSE:
To approve reduction No. 01 for Fox Valley Mall- Phase 2 Residential.
BACKGROUND:
Pursuant to Section 43-55(a)(3)(d) of Aurora's Municipal Code, the Developer of the Project posted a security to ensure completion of these proposed public improvements including, sanitary sewer, water main system, driveway approach and sidewalk and is now seeking council approval for reduction per subsection (d).
DISCUSSION:
This development has completed some portion and inspections of these required public improvements and is requesting a reduction to the original Subdivision Bond, in conformance with said subsection (d). The completed values of these improvements have been certified and submitted by the developer's Engineer. These values have been verified by COA engineering and our consultants as correct and are eligible to be recommended for this reduction.
IMPACT STATEMENT:
This action has no current impact to existing or new public infrastructure as it relates to various divisions for maintenance, including the Division of Water and Sewer Maintenance; the Water production Division.
RECOMMENDATIONS:
Approve the request for reduction No. 01 for Fox Valley Mall- Phase 2 Residential.
CITY OF AURORA, ILLINOIS
RESOLUTION NO. _________
DATE OF PASSAGE ________________
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A Resolution approving reduction No. 01 for Fox Valley Mall- Phase 2 Residential, 195 Fox Valley Center Dr.
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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 aff...
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