Economic Incentive Agreements

teamwork 240The Village of Lombard, through its adoption of its Economic Development Plan in 2011, has identified a number of strategies that should be undertaken to assist the private sector in the development of key properties and/or attracting desired businesses to the community. The Plan recognizes the Village Board’s desire to “continue to expand economic development strategies to attract, maintain or expand business opportunities within the community, to include creating innovative solutions to fill commercial vacancies and innovative solutions to vacant lot development.”

The Plan identifies four economic development goals:

Retain, expand and attract commercial and industrial businesses
Promote general economic development and business growth 
Increase municipal revenue sources and identity incentives for specific development opportunities
Encourage redevelopment along key commercial corridors 

The Village has developed an Economic Incentive Policy, which implements the “explore all options” approach



View Incentive Agreements and Related Information

Sam's Club
Blue Stone
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