1992-12-14 - Village Board Special Meeting - Minutes 9139
12/14/92
MINUTES OF THE SPECIAL MEETING OF THE
VILLAGE BOARD OF THE VILLAGE OF BUFFALO
GROVE, ILLINOIS, HELD IN COUNCIL
CHAMBERS, VILLAGE HALL, DECEMBER 14, 1992
President Mathias called the meeting to order at 7:33 P.M. CALL TO ORDER
Those present stood and pledged allegiance to the Flag.
Roll call indicated the following present: President ROLL CALL
Mathias, Trustees Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks.
Also present were: Lee Szymborski, Assistant Village
Manager; William Raysa, Village Attorney; William Brimm,
Finance Director; Carmen Molinaro, Director of Golf
Operations; and Joseph Tenerelli, Village Treasurer.
Moved by Marienthal, seconded by Kahn, to approve the APPROVAL OF MINUTES
minutes of the December 7, 1992 Regular Meeting with the
following corrections: Ordinance #92-90, was seconded by
Trustee Reid, and with corrected paging beginning with
page 9134. Upon roll call, Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Mr. Tenerelli read Warrant #732. Moved by Marienthal, WARRANT #732
seconded by Rubin, to approve Warrant #732 in the amount
of $1,847,210.99, authorizing payment of bills listed.
Upon roll call, Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman
Hendricks
NAYES: 0 - None
Motion declared carried.
President Mathias announced that Lee Szymborski, Assistant LEE SZYMBORSKI
Village Manager,has been appointed to President of IAMMA,
the Illinois Association of Municipal Management
Assistants. The organization meets the professional needs
of Assistant Village Managers. He extended the
congratulations of the Board to Mr. Szymborski.
Trustee Kahn thanked all who participated on the Blood BLOOD DRIVE
Drive which was held December 12 at the Alcott Center.
Mr. Balling noted the submittal of the Management Report MANAGEMENT REPORT
for November, 1992; there were no questions on same.
President Mathias asked if there were any questions from QUESTIONS FROM THE
the audience; there were none. AUDIENCE
i
��
i
�,
9140
12/14/92
President Mathias explained the Consent Agenda, stating CONSENT AGENDA
that any member of the audience or the Board may request
that an item be removed for full consideration. President
Mathias requested that Item XI.A. be removed.
Moved by Reid, seconded by Braiman, to pass Resolution RESOLUTION #92-54
#92-54, Authorizing the Opening of a Corporate Checking (Corporate
Account at the First Midwest Bank. Upon roll call, Checking Account)
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Reid, seconded by Braiman, to Authorize to Bid - AUTHORIZE TO BID
Buffalo Grove Golf Course Carpeting. Upon roll call, (BGGC Carpeting)
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Reid, seconded by Braiman, to Approve a Fee BG PARK DISTRICT
Waiver - Permit fee for a Buffalo Grove Park District open (Fee Waiver)
air shelter. Upon roll call, Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman
Hendricks
NAYES: 0 - None
Motion declared carried.
Details of the following tax abatement ordinances are TAX ABATEMENTS
contained in Mr. Brimm's memo to Mr. Balling of December
4, 1992. Mr. Brimm further noted that this will be the
largest abatement since 1978. Trustee Braiman informed
the residents that only the Buffalo Grove portion of their
tax bill will go down.
Moved by Braiman, seconded by Kahn, to pass Ordinance ORDINANCE #92-93
#92-93, Abating a Portion of the Taxes Levied for the (Tax Abatement)
Corporate Purpose General Obligation Bonds - Series 1986 -
For the Village of Buffalo Grove. Upon roll call,
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Braiman, seconded by Kahn, to pass Ordinance ORDINANCE #92-94
#92-94, Abating a Portion of the Taxes Levied for the (Tax Abatement)
Corporate Purpose General Obligation Bonds - Series 1987 -
9141
12/14/92
For the Village of Buffalo Grove. Upon roll call,
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Braiman, seconded by Kahn, to pass Ordinance ORDINANCE #92-95
#92-95, Abating a Portion of the Taxes Levied for the (Tax Abatement)
Corporate Purpose General Obligation Bonds - Series 1988 -
For the Village of Buffalo Grove. Upon roll call,
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Braiman, seconded by Kahn, to pass Ordinance ORDINANCE #92-96
#92-96, Abating a Portion of the Taxes Levied for the (Tax Abatement)
Corporate Purpose General Obligation Bonds - Series 1989 -
For the Village of Buffalo Grove. Upon roll call,
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Braiman, seconded by Kahn, to pass Ordinance ORDINANCE #92-97
#92-97, Abating a Portion of the Taxes Levied for the (Tax Abatement)
Corporate Purpose General Obligation Bonds - Series 1992 -
For the Village of Buffalo Grove. Upon roll call,
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Braiman, seconded by Kahn, to pass Ordinance ORDINANCE #92-98
#92-98, Abating a Portion of the Taxes Levied for the (Tax Abatement)
Corporate Purpose General Obligation Bonds - Series 1981
- For the Village of Buffalo Grove. Upon roll call,
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Braiman, seconded by Kahn, to pass Ordinance ORDINANCE #92-99
#92-99, Abating a Portion of the Taxes Levied for the (Tax Abatement)
Corporate Purpose General Obligation Bonds - Series 1982 -
9142
12/14/92
For the Village of Buffalo Grove. Upon roll call,
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Braiman, seconded by Kahn, to pass Ordinance ORDINANCE #92-100
#92-100, Abating a Portion of the Taxes Levied for the (Tax Abatement)
Corporate Purpose General Obligation Bonds - Series 1982A
- For the Village of Buffalo Grove. Upon roll call,
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Braiman, seconded by Kahn, to pass Ordinance ORDINANCE #92-101
#92-101, Abating a Portion of the Taxes Levied for the (Tax Abatement)
Corporate Purpose General Obligation BOnds - Series 1984 -
For the Village of Buffalo Grove. Upon roll call,
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Moved by Braiman, seconded by Rubin, to Pass Resolution RESOLUTION #92-55
#92-55, Adopting the Fiscal Year 1993 Program Budgets for (Budget for Food
the Food Service Operations. Upon roll call, Trustees Service)
voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman,
Hendricks
NAYES: 0 - None
Motion declared carried.
Greg Hummel, Special ecial Counsel to Melvin Simon from TOWN CENTER
Rudnick & Wolfe, and Thomas Maskey of Melvin Simon and
Associates made a presentation to the Board, details of
which are contained in Thomas Maskey's memo to the Village
Board dated December 11, 1992.
Trustee Kahn inquired as to the effect on the Village's
bond rating. Mr. Balling explained that a default in the
payment on the bonds would not necessarily have a direct
impact on the Village's rating, but that it is not to be
ignored. Trustee Kahn requested that the Village hear
from other taxing bodies regarding the proposed bond term
extension and suggested that a workshop be undertaken to
hear their opinions.
9143
12/14/92
Trustee Marienthal would like to see a marketing plan for
Town Center since other centers managed by Melvin Simon
appear to be successful while Town Center is not.
Trustee Braiman inquired as to Simon's investment in the
center. Mr. Maskey stated that they would not walk away
from the center, but would not put additional funds into
the project without some assurance from the Village that
they would extend the term of the bond so that Simon would
not stand to lose further invested funds. Trustee Braiman
believes that Simon was given every opportunity, but nothing
has come from their side. Trustee Braiman would not consider
any term or tax relief to the TIF issue unless the other
impacted taxing districts also approve.
Trustee Reid is opposed to alter anything in the original
agreement. He feels that the agreement with other govern-
mental bodies and the public outweigh any contractural
obligation made to Melvin Simon.
President Mathias requested the figures as to what funds
have been lost from the beginning of the TIF area to the
present time due to any change in State law regarding sales
tax and what Simon expects to loose in lost revenue until
the 1997 final maturity.
Greg Hummel stated that the Village made a decision to have
an anchorless center, but the plan did not stand the market
test; the retail market did not endorse it. The situation
is out of the control of Simon or the Village, but requires
some shared responsibility. Simon requests term relief which
is an option of the Village to grant, but not required.
President Mathias requested Simon to communicate with all
taxing districts involved, after which a Workshop meeting in
February would be arranged with the Village Board. He also
requested that Simon check on State law as to any extension of
the TIF district beyond the original maturity date and the
ability under the law to free up some funds on a regular
basis as declared surplus so other districts may receive
incremental tax money.
Trustee Reid recalls Simon was not reluctant to an build an
anchorless center and entered the agreement willingly.
President Mathias reviewed Resolution #92-56, Reaffirming the
Villages Support for Commuter Service on the Wisconsin
Central Rail Line, and read the Resolution. Upon roll call
Trustees voted s follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman, Hendricks
NAYES:
0 - None
Motion declared carried.
9144
12/14/92
Moved by Rubin, seconded by Braiman, to move to Executive EXECUTIVE SESSION
Session to discuss employment matters. Upon roll call,
Trustees voted as follows:
AYES: 6 - Marienthal, Reid, Kahn, Rubin, Braiman, Hendricks
NAYES:
0 - None
Motion declared carried.
Moved by Hendricks, seconded by Kahn, to adjourn the meeting. ADJOURNMENT
Upon voice vote, the motion was unanimously declared carried.
The meeting was adjourned at 9:03 P.M.
Jane 01 , Deputy Village Clerk
APPROVED BY ME THIS I/
DAY OF , 1993.
age Pre