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File #: 25-00172    Version: 1
Type: Committee Report Status: Passed
In control: City Council
On agenda: 2/2/2026 Final action: 2/2/2026
Title: Committee recommends approval of the proposed Amendment to the Development Agreement with First Midwest Group (Machesney Investment LLC) and McDonald's for the establishment of a McDonald's at 4103 West State Street in the amount of $200,000. The funding source is 2025 Casino Plan Funds / Economic Development High Risk Area. (LAID OVER JANUARY 20, 2026)
Attachments: 1. Staff Report McDonalds, 2. Committee Report PD - 4103 W State St- Approval, 3. Committee Report PD - 4103 W State St- Denial, 4. Draft_Amendment to DA_Machesney Investments 12.16, 5. 2017-18-O [Development Agreement with First Midwest Group and Machesney Investment for commerical retail node Davita Dialysis W. State Street and Sprinfield], 6. Gap Analysis Narrative

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Committee recommends approval of the proposed Amendment to the Development Agreement with First Midwest Group (Machesney Investment LLC) and McDonald's for the establishment of a McDonald's at 4103 West State Street in the amount of $200,000. The funding source is 2025 Casino Plan Funds / Economic Development High Risk Area.  (LAID OVER JANUARY 20, 2026)