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1987-03-23 - Village Board Special Meeting - Minutes 7084 3/23/87 MINUTES OF A SPECIAL MEETING OF THE VILLAGE BOARD OF THE VILLAGE OF BUFFALO GROVE, ILLINOIS, HELD IN THE COUNCIL CHAMBERS, VILLAGE HALL, MARCH 23, 1987. President Clayton called the meeting to order at 7:34 P.M. CALL TO ORDER Those present stood and pledged allegiance to the Flag. Roll call indicated the following present: President Clayton; ROLL CALL Trustees Marienthal, O'Reilly, Reid, Shields, and Kowalski. Trustee Glover was absent. Also present were: William Balling, Village Manager; William Raysa, Village Attorney; Lee Szymborski, Assistant Village Manager; William Brim, Finance Director; and Paul Kochendorfer, Village Treasurer. Mr. Balling presented the Certificate of Conformance in CERTIFICATE OF Financial Reporting, presented by the Governmental Finance CONFORMANCE IN Officers Association in the United States and Canada to the FINANCIAL Village. This is the 5th straight year that the Village has REPORTING received this award. President Clayton thanked Mr. Balling, and congratulated the staff on this achievement. Mr. Balling then presented the Award for Financial Reporting Achievement presented by the Governmental Finance Officers Association to Mr. Brimm; Mr. Brimm was congratulated by the Board and the audience. Mr. Balling stated that, in connection with the Golf Course GOLF COURSE financing, staff has asked Harris Bank to evaluate existing FINANCING debt and make a recommendation to the Village as to whether or not refunding of debt would be warranted. Harris has studied the alternative and has submitted a proposal to staff, which Mr. Brimm then summarized. Mr. Brimm's memo to Mr. Balling of March 19, 1987, subject "Proposal to Advance Refund General Obligation Bonds", also details this recommendation. Moved by Reid, seconded by Marienthal, to direct staff to continue to investigate and bring back to the Board the recommendation for refinancing, based upon the information presented this evening. Upon roll call, Trustees voted as follows: AYES: 5 - Marienthal, O'Reilly, Reid, Shields, Kowalski NAYES: 0 - None ABSENT: 1 - Glover Motion declared carried. PUBLIC HEARING - FIORE/ZALE ANNEXATION AGREEMENT AMENDMENT President Clayton read from the Notice of Public Hearing which was published in the Buffalo Grove Herald on February 28, 1987. President Clayton noted that the Public Hearing was called to order on March 16, 1987, and continued until tonight, March 23, 1987. President Clayton called the Public Hearing to order at 7:43 P.M. 7085 3/23/87 Mr. Balling brought the Board up to date on this subject, noting that he does not have signatures on the signature page of the Agreement, although he has been given assurance that signatures will be forthcoming. At 7:47 P.M. , President Clayton continued the Public Hearing to April 6, 1987 at 7:30 P.M. President Clayton asked if there were any questions from the QUESTIONS FROM audience; there were none. THE AUDIENCE President Clayton explained the Consent Agenda, stating that CONSENT any member of the audience or the Board could request that an AGENDA item be removed for full discussion; there were no such requests. Mr. Raysa did point out an addition to be made to Ordinance #87-28 (Item XI. , A.) : After the third "Whereas" clause on Page 1, it should read "NOW THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE:" Moved by O'Reilly, seconded by Reid, to pass Ordinance #87-28, ORDINANCE #87-28 an ordinance approving a Cook County Highways Hold Harmless (Cook County Agreement. Upon roll call, Trustees voted as follows: Agreement) AYES: 5 - Marienthal, O'Reilly, Reid, Shields, Kowalski NAYES: 0 - None ABSENT: 1 - Glover Motion declared carried. Moved by O'Reilly, seconded by Reid, to approve the Final Plat FIRST AMERICAN of Subdivision and the Development Improvement Agreement for BANK First American Bank. Upon roll call, Trustees voted as follows: (Final Plat & AYES: 5 - Marienthal, O'Reilly, Reid, Shields, Kowalski DIA) NAYES: 0 - None ABSENT: 1 - Glover Motion declared carried. Moved by O'Reilly, seconded by Reid, to approve the Appearance THE ARBORS AT Commission recommendation for The Arbors at Fiore, entry and FIORE Model area, architecture, landscaping and lighting. The (Aesthetics) Appearance Commission recommends approval of these aesthetic elements. Upon roll call, Trustees voted as follows: AYES: 5 - Marienthal, O'Reilly, Reid, Shields, Kowalski NAYES: 0 - None ABSENT: 1 - Glover Motion declared carried. Moved by O'Reilly, seconded by Reid, to approve the Appearance AUTOMOTIVE Commission recommendation for Automotive Engine Rebuilders ENGINE REBUILDERS Associated at the Buffalo Grove Commerce Center, architecture/ ASSOCIATED materials; lighting/landscaping. The Appearance Commission (Aesthetics) recommends approval of these aesthetic elements. Upon roll call, Trustees voted as follows: AYES: 5 - Marienthal, O'Reilly, Reid, Shields, Kowalski NAYES: 0 - None ABSENT: 1 - Glover Motion declared carried. I' I' 7086 3/23/87 Moved by Marienthal, seconded by O'Reilly, to let bids for the ARBORETUM construction of the Arboretum Golf Course. Mr. Nugent made a GOLF COURSE brief statement to the Board. Mr. Balling noted the bidding (Bid Letting) schedule. Upon roll call, Trustees voted as follows: AYES: 5 - Marienthal, O'Reilly, Reid, Shields, Kowalski NAYES: 0 - None ABSENT: 1 - Glover Motion declared carried. Mr. Tim Beechick of Hamilton Partners made a presentation to HAMILTON the Board regarding the approximately 112 acres of property PARTNERS directly east of the Buffalo Grove Business Park, details of (Lake-Cook/ which are contained in Barbara Dolan's memo to Mr. Balling Weidner) of March 19, 1987. In answer to questions from Trustee Kowalski, Mr. Beechick confirmed that no variations are being requested, and that Hamilton Partners has a contract to purchase the property. Mr. Beechick explained the handling of the setback for the 4-story building at the request of Trustee Marienthal; he also noted some possible users for the property. Trustee Reid expressed a concern with the 4-story office building, since the others in the area are 3 stories. Mr. Beechick stated that their main interest at this time is the restaurant, but there will be a footprint of the office building on the plan. Moved by O'Reilly, seconded by Reid, to refer this plan to the Plan Commission for review. Upon voice vote, the motion was unanimously declared carried. Moved by Marienthal, seconded by Reid, to move to Executive EXECUTIVE Session to discuss employment matters. Upon roll call, SESSION Trustees voted as follows: AYES: 5 - Marienthal, O'Reilly, Reid, Shields, Kowalski NAYES: 0 - None ABSENT: 1 - Glover Motion declared carried. Moved by Reid, seconded by O'Reilly, to adjourn the meeting. ADJOURNMENT Upon voice vote, the motion was unanimously declared carried. The meeting was adjourned at 8:06 P.M. LiA Jane{tJ{. Sirabian, Village Clerk APPROVED BY ME THIS ' � DAY OF C:t\cu.L , 1987. Village President