Your Partner in Prosperity


   February 23, 2012 


In this Issue
EEI Wins ACEC-IL Award
Castle Bank Joins the MEDC
Forbes names the best & worst top 100 Banks 
Working together
to bring new development to the Village 
Kane County 2040 Draft
Office Space for Rent  
Urban Legends
Job Resource Fair

Our Members

EEI 25 jpg



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Orchard Road Construction Information

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View the Plan Text

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County of Kane link 

Urban-Development Legends


Grand theories do little to revive cities 

Click the underlined link above to read the article from City Journal 

  If you have a business concern or a time sensitive issue, feel free to call our Executive Director on her cell phone, at 815-703-1338. 
Your business is very important to us! 

 Executive Board members can be reached by clicking on their logo to the left or be sure to visit our Board of Directors page.


Feel free to comment or provide suggestions if there is something you would like to share or see in our next newsblast. Send us a message or give us a call
@ 630-897-6748.
Be sure to click underlined words for more info


EEI 25 jpg

Engineering Enterprises, Inc  wins

Please join us in congratulating Engineering Enterprises, Inc. (EEI) as they were recognized on February 3, 2012 for their excellence in engineering.  EEI provided engineering services for the Fox Valley Park District, Virgil L. Gilman Trail Pedestrian Bridge. Details and photos are provided in the underlined link above.
Pete Wallers, from EEI is a founding member and officer of the MEDC. Engineering Enterprises, Inc., was founded in 1974. They are a consulting engineering firm which provides planning, design and construction services for water, waste water, transportation, storm water and GIS to municipalities, counties and state agencies throughout northern Illinois. For more information on EEI, visit or click on the EEI logo to the left of the Newsletter.
Congratulations Pete on being recognized with fifty other private practice Illinois firms in the forty-first annual Engineering Excellence Awards Competition!

Virgil L. Gilman Trail Bridge
Castle Bank logo black
A Warm Welcome to Kristen Sanders from Castle Bank  who recently joined the MEDC and also accepted a seat on the MEDC
We  hope to share more  information with you in the next news blast on Kristen.Until then, please click on the link below and read the Forbes article which highlights the best and worst banks in America. 

Castle Bank ranked #17! 
Congratulations !!!!


The Village continues to help the MEDC lure businesses to the Village of Montgomery: 


The Business Climate Enhancement committee  has worked with Village staff over the last several years to discuss ways to entice development in the community.

Now that we have succeeded in the expansion of the Orchard Road corridor, A variety of options continue to be discussed. 


One of these options is a TIF district.  Village Manager, Anne Marie Gaura is making a recommendation to the Village Board for a TIF Financial Impact Study along the Orchard Road Corridor. This could help possibly sell the project to the community/Village Board. 


 Chairman, Brian Dolan provided a great example to the BCEC committee  of a successful TIF District in Aurora which is now going to pay off  " big time" for the area and all the taxing bodies. Looking back, Brian is excited to see that project do so well.



This is just one of a variety of options that are being researched and discussed to encourage future growth in Montgomery.


 On another note, Brian has been working with a client, who recently met with the MEDC and the Village. The client was so impressed he said, " Montgomery sure knows how to treat businesses! "


You bet we do! 


Spread the Word


Ledger News Article  




Public review of Kane County Draft 2040 Plan 

 additional links in left margin


 Click here for more info 




Seeking Breakfast Topics


The Business Climate Enhancement committee would like your input.  Is there a specific topic that would help you and your business prosper and grow?  Perhaps you have a product or service you would like to share with the business community.


Several times throughout the year, this committee holds a breakfast meeting where a speaker or panel of speakers are brought in to help educate our business leaders. Our goal is to ensure that the topics are informative and beneficial to the business community. It also provides a great networking opportunity.


Please email or call the MEDC office and let us know what topics may be of interest to you so we can start planning our next breakfast event.


            New for 2012
Property Tours  
The Business Climate Enhancement Committee would like to feature an open house/tour of the vacant properties through out the community. If you are interested in highlighting your property and/or sponsoring an open house, please call the MEDC Office and schedule your property to take part in this exciting new venture.

 Kendall County Job  Resource Fair 
Kendall County and the local EDC offices are planning a job fair with career building sessions and community resources. The event is being planned and coordinated through the Kendall County Economic Development office and Waubonsee Community College.   The event is scheduled for Friday, June 1st and will run from 9:30 am to 1:30 pm. The event will be held at Waubonsee Community College-Plano Campus. If you or your business is interested in participating in this event, please be sure to call the MEDC office.

                  Office & Board Room 
                         Space For Rent
  Downtown Montgomery                          Office                                         Available immediately
             The Montgomery Economic Development Office has office space to share. Previously, the Montgomery Area Chamber of Commerce subleased an office in our 200 Webster Street address. On January 1st, they moved their office into Village Hall.  This could be a great opportunity for a business to relocate and open an office in Downtown Montgomery.  Arrangements can be made to share some of the expenses. This beautifully furnished office includes the use of a fully furnished board room and storage in the lower level. The space available can range from 100 square feet up to 1355 square feet. Feel free to call the MEDC office or Dr. Neil Schlupp @ 630-896-1919. Competitive & flexible rates and terms may apply.                    
                  Mark your calendars

          Business Climate Enhancement Committee 
                       Thursday, March 8, 2012
                   Kendall County Job Resource Fair                                                                 Friday June 1, 2012 

                           MEDC Annual Golf Outing
                        Friday,  September 14, 2012                                                             
Shot Gun Start @ 11:00

The Montgomery Economic Development Corporation is a non for profit 501c6 Corporation supported by The Village of Montgomery and the Business community. We would like to take this opportunity to thank our supporters for giving us the opportunity to serve The Village and Business Community of Montgomery. 
Charlene Coulombe-Fiore
Charlene Coulombe-Fiore EDFP CEcD 
Executive Director
Montgomery Economic Development Corporation