1986-05-19 - Village Board Regular Meeting - Minutes 6893
5/19/86
MINUTES OF A REGULAR MEETING OF THE
VILLAGE BOARD OF THE VILLAGE OF BUFFALO
GROVE, ILLINOIS HELD IN THE COUNCIL
CHAMBERS, VILLAGE HALL ON MAY 19, 1986.
President Clayton called the meeting to order at 7:35 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 O'Reilly, Glover, Shields, and Kowalski. Trustee
Marienthal and Trustee Reid were absent. Trustee Reid arrived
at 9:35 P.M. and Trustee O'Reilly left the meeting at 9:25 P.M.
Also present were William Balling, Village Manager; William
Raysa, Village Attorney; James Doyle, Assistant Village Manager;
William Brimm, Finance Director; Gregory Boysen, Director of
Public Works; Raymond Rigsby, Superintendent of Public Works;
James Truesdell, Village Planner; Wayne Winter, Fire Chief; and
Paul Kochendorfer, Village Treasurer.
Moved by O'Reilly, seconded by Glover, to appoint Carol Tenerelli CLERK PRO TEM
Clerk Pro Tem in the absence of the Village Clerk. Upon voice
vote the motion passed unanimously.
Moved by Glover, seconded by O'Reilly to approve the minutes APPROVAL OF
of the May 5, 1986 Regular Meeting. Upon roll call, Trustees MINUTES
voted as follows:
AYES: 4 - O'Reilly, Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, Reid 1
Motion declared carried.
Mr. Kochendorfer read Warrant #574. Moved by Glover, seconded WARRANT #574
by O'Reilly, to approve Warrant #574 in the amount of $1,357,442.40,
authorizing payment of bills listed. Upon roll call, Trustees
voted as follows:
AYES: 4 - O'Reilly, Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, Reid
Motion declared carried.
President Clayton appointed Sherwin "Dusty" Rhodes to the Plan PLAN COMMISSION
Commission for a term of office to expire April 30, 1987. Moved APPOINTMENT
by Glover, seconded by Shields, to concur with President Clayton's
appointment. Upon voice vote, the motion passed unanimously. Mr.
Rhodes was in the audience and President Clayton introduced him
to the Board and the audience.
Mr. Balling noted the submission of the Management Report for MANAGEMENT
April 1986. REPORT
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5/19/86
Mr. Balling stated that barring any unforeseen complications LAKE MICHIGAN
it is anticipated that the Village will have full service of WATER
Lake Michigan water on May 21st.
Mr. Balling stated that the contractual bidding for the sidewalk SIDEWALK
replacement program resulted in no bidders; the program will be REPLACEMENT
rebid and a recommendation will be brought back to the Board. PROGRAM
The dynaflex testing of the roads will be starting this week; DYNAFLEX
if any Board member is interested in a ride along program to TESTING
view this firsthand, advise Mr. Balling or Mr. Boysen.
Mr. Balling stated that the concept of attempting to work with TRIPP SCHOOL
Lexington Development to expand the detention lake at Tripp FLOODING
School to alleviate the flooding in the basement of the school
does not appear feasible based upon what has been learned on
that site. He stated that there is a clog in the culvert
crossing at the Soo Line Tracks and Mr. Kuenkler will be
working with the Soo Line to see if the line can get cleaned
which will help the flooding problem.
President Clayton presented a Certificate of Appreciation to TRANSPORTATION
Robert Trovillion for service on the Transportation Commission COMMISSION
from 1981 to 1986.
President Clayton presented a Certificate of Appreciation to COMMUNITY BLOOD
Carol Quick for service on the Community Blood Donor Commission DONOR COMMISSION
from 1984 to 1986.
Clarice Rech, representing Northwest Community Hospital, as a NORTHWEST
gesture of appreciation from the hospital to the Village of COMMUNITY
Buffalo Grove, presented a picture of St. Mary's Church which HOSPITAL
is one of the historical sites in the Village. President Clayton PRESENTATION
thanked Mrs. Rech and Northwest Community Hospital stating that
the picture will be hung in a prominent place in Village Hall
so that all of the residents can enjoy it.
President Clayton asked if there were any questions from the QUESTIONS FROM
audience. Cheryl Erbach, 618 Bernard Drive, expressed concerns THE AUDIENCE
over traffic problems on Bernard Drive. President Clayton
requested that she meet with the Village Manager outlining
her concerns and then for him to report back to the Board.
President Clayton explained the Consent Agenda, and stated that CONSENT AGENDA
any member of the Board or the audience could request that an
item be removed for full discussion. There were no such requests.
Moved by O'Reilly, seconded by Glover, to pass Ordinance #86-33, ORDINANCE
an Ordinance Authorizing the Disposal of Surplus Village Per- #86-33
sonal Property. This ordinance declares the Village's IBM (surplus
System 34 computer and peripheral equipment as surplus pre- personal
requisite to its disposal. Upon roll call, Trustees voted as property)
follows:
AYES: 4 - O'Reilly, Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, Reid
Motion declared carried.
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5/19/86
President Clayton proclaimed the week of May 18-24, 1986 as PROCLAMATION
National Public Works Week in the Village of Buffalo Grove. (National
Moved by O'Reilly, seconded by Glover, to concur with Public Works
President Clayton's proclamation. Upon roll call, Trustees Week)
voted as follows:
AYES: 4 - O'Reilly, Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, Reid
Motion declared carried.
Moved by O'Reilly, seconded by Glover, to approve the Plat of PLAT OF
Dedication for Illinois Route 83 - Parcel #4, . The Village DEDICATION
Engineer recommends approval of this plat of dedication which (IL 83 -
was provided by the owner at the Village's request. Upon roll Parcel #4)
call, Trustees voted as follows:
AYES: 4 - O'Reilly, Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, Reid
Motion declared carried.
Moved by O'Reilly, seconded by Glover, to accept the Police POLICE PENSION
Pension Fund Annual Report FY1985-1986. This report is required FUND ANNUAL
to be prepared and presented to the Board of Trustees by Chapter REPORT
1082, Section 3-141, of the Illinois Revised Statutes. Upon roll
call, Trustees voted as follows:
AYES: 4 - O'Reilly, Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, Reid
Motion declared carried.
Lawrence Freedman, attorney for the Lincoln Club, reviewed the ORDINANCE
parcel for the Board stating it is a narrow strip of property #86-34
which is located north of the Chevy Chase Country Club; with (Lincoln Club
its eastern border on Milwaukee Avenue; and is approximately PUD)
one mile in depth. Three variances from the normal site plan
criteria within the zoning ordinance is being requested which
are as follows:
1) reduction of the dedicated right-of-way from 60' to 31'
back of curb to back of curb
2) setback from the golf course of 35'
3) sidewalk on one side of the street
Mr. John Guest, architect, stated the original proposal was for
640 units with approximately 14.9 units per acre; now they are
proposing 592 dwelling units at 13.6 units per acre with a
mixture of 60% one bedroom units and 40% two bedroom units.
There will be substantial recreational area with two tennis
courts and two swimming pools; they will maintain a 15' landscape
easement which separates the residential proposed from the existing
residential for the entire length of the property with no parking area
or buildings or pavement in this area and adhering to the required 35'
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5/19/86
setback for all buildings along the north property line. There
will be a 15' landscape buffer along the length of the south
property line adjoining the golf course with a jogging trail. In
addition to the usual and ordinary contributions made, there will
be a $100,000 contribution for fire protection purposes to purchase
a fire truck.
In response to a question from Trustee O'Reilly, staff stated that
each unit is being treated as a water customer. Gary Kachadurian,
developer, stated that meetings have been held with the Wheeling
Park District and that donations do meet or exceed the requirements
of this provision; the entrance on Milwaukee Avenue will be shared
with the park district with the street connecting to the industrial
park; they have not signed off on this agreement as of this time,
but the concept is agreeable; they will include in their rental
material that the property is in the Wheeling Park District and not
in the Buffalo Grove Park District.
Reference the water tower, Mr. Balling stated that this tower would
be removed before the Chevy Chase Utility System is conveyed to the
Village; one of the conditions of conveyance is that this tower be
removed and that the system be brought up to spec and one of the
specs is that the water tower be taken down. Fees in connection
with this site will be based on a proportionate share of the totel
acreage with the remaining fees being paid by Chevy Chase Industrial
Park property, Riverwalk property and Chevy Chase Business Park II.
Mr. Truesdell stated that there will be recaptures on the watermain.
The new school district calculations will apply to this development.
Discussion was held reference a better way to prohibit truck traffic
other than by weight limit on this street.
In response to a question from Trustee O'Reilly, Mr. Balling stated
that the $100,000 is geared for the aerial unit to be purchased to
service this property and hopefully to maintain fire ratings in this
part of the Village; this is viewed as a unique application in this
instance, but feels the Board may want to review its options to again
request this donation at a future time.
In response to questions from Trustee Kowalski, the developer stated
that it will be luxury rental units; they have planned putting
washersand dryers in the two bedroom units, providing hookups in
the other units; there is not any garage parking; and that a fiscal
impact study was not requested so was not done.
Mr. Balling stated reference mortgage revenue bonds on this project
v that there is no committment made at this time for the issuance of
bonds, but it does remain an option; they will continue to evaluate
as an option and may or may not come back to the Board for action.
Mr. Raysa stated that on page 12, paragraph 24, of the Ordinance it
states four variations not three variations requested by the developer;
the fourth one being using Enkamat for shore line protection.
Moved by Glover, seconded by Shields, to approve Ordinance #86-34
providing for the Lincoln Club PUD.
In response to questions from the Board, the developer stated that
they have met with the surrounding property owners and homeowners
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associations. Loralie Van Sluys, Inverrary Homeowners Association,
was present and stated that they feel what is being done with
detention is going to help; they like the idea of the configuration
of the road to try to slow down traffic. Their problem is how
close the road is to the back of their property where children
play; they are concerned with cars missing curves and continuing
into the backyards. The developer stated that they are willing
to work with the homeowners on the screening and berming of this
area and that they plan to building something at the curves of
the road to prevent cars from leaving the roadway such as this
plan shows a vertical railroad tie wall stair-stepping up to a
height of 3' planted into the ground as a barrier.
Upon roll call on the motion, Trustees voted as follows:
AYES: 4 - O'Reilly, Glover, Shields, President Clayton
NAYES: 1 - Kowalski
ABSENT: 2 - Marienthal, Reid
Motion declared carried.
Trustee Glover requested that the ideas of the Plan Commission,
Board, and the public participation as well as the developers,
all be passed along to the Appearance Commission as some very
good ideas were brought forth at these reviews. Trustee Shields,
as Trustee liaison to the Appearance Commission, will assure that
the commission is aware of all concerns and ideas.
Mr. Brimm reviewed the application received for $600,000 of RESOLUTION
industrial revenue bonds from U. S. Exterior Company, which #86-37
is to be located in the Buffalo Grove Commerce Center, U.S.EXTERIOR
referring to his memo of May 13, 1986 to Mr. Balling which COMPANY
is on file in the Clerk's office. Recommendation is that PROJECT
the application be entertained by the Board tonight for
approval.
Moved by O'Reilly, seconded by Glover, to pass Resolution
#86-37, a resolution authorizing the execution of a Memorandum
of Agreement for the U. S. Exterior Company Project. Upon roll
call, Trustees voted as follows:
AYES: 4 - O'Reilly, Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, Reid
Motion declared carried.
, I
Michael Lerner, President of the Property Group, and Bob Lux, EAST GOLF
Director of Development for Dominion Group, were present. Mr. COURSE PARCEL
Lerner reviewed the proposed development which is located between (Pre-application
Church Road and Checker Road and east of the Buffalo Grove Golf conference)
Course consisting of 15.00554 acres. The plan consists of five
60 unit buildings for a total of 300 units; there are 314 parking
spaces with 300 being underground; the site plan is laid out
to take advantage of the golf course to the west and to not
infringe upon the single family to the east; a club house concept
is planned with amenities such as an exercise room, swimming pool,
party rooms, etc. ; one tennis court is shown, but there is
additional room to add two additional courts if warranted; the
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5/19/86
detention area will be on the golf course. Mr. Lerner feels
the plan is an upscale rental product.
In response to questions from Trustee Glover, Mr. Lerner stated
that the 1 bedroom units are approximately 850 square feet, the
2 bedroom units 900-1000square feet, the 3 bedroom units 1,200-
1,500 square feet; that reference setbacks they are trying to
keep the setbacks fairly close to the golf course in order to
create as much open space within the middle of the project and
reference the single family home side the setbacks were originally
approved with a 70' setback, the variance would be from 88' to 70'
on this side. Trustee Glover stated the original PUD approved
was for less density than proposed with this plan and his concerns
would be the variations being requested and the density; he
encourages an upscale product, but is concerned with what amenities
will be provided. Mr. Lerner stated that at the present time they
do not have fireplaces in the units, but are considering them;
the appliance packages are complete; they are trying to get away
from the galley kitchen/stock apartment type concept; they feel
the units will attract young professionals and will probably dis-
courage children. It is not a family orientated project; the rents
will be from the high $500 to the mid $800. Trustee Glover likes the
indoor parking and would like to see addressed more amenities on the
club house and recreational area to provide an upscale product.
In response to questions from Trustee Kowalski, Mr. Lerner stated
that he does not have available as to how far the single family homes
are from the buildings, but that it is proposed that the buildings be
70' from the single family lot lines and that there would be dense
landscaping and screening on this side of the property. The swimming
pool will be part of the club house and the intent is for it to be an
all-year-round pool with a moveable roof. The rent structure is not
cast in stone, it depends upon the market; at the present time they
have not contracted for any formal feasibility study and are not at
this time seeking any kind of general revenue bonds, but have not
ruled out this possibility.
Mr. Balling stated that the water run off will drain to a pond on
the golf course between T 2 and the fairway on 8; this was contemplated
in the original engineering design of the PUD and feels would be beneficial
for the course. There was no provision for recapture of the storm sewer.
Trustee O'Reilly expressed concern for the massiveness of the buildings
and about the kind of amenities package that will be included. Mr.
Lerner stated that each building will have its own elevator and that
he does not have control of the 2 acres on Church Road; a management
firm will handle the leasing of the buildings.
Trustee Shields requested Mr. Lerner review the amenities proposed to
compensate for the variances being asked for with Mr. Lerner stating
that the underground parking; substantially more open space; elevators
in the three story buildings, the balcony type arrangments, the size
of the units, the unique design of the units; the atrium, and the
attractiveness of the buildings from all four sides are some of the
amenities being proposed. The outside of the buildings will be all
masonry with possibly some wood in the balcony area.
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5/19/86
Mr. Lerner stated he feels there is a lot of room for compromise
and feels the biggest problem is density; he asked if this Board
can live with the density if other things can be worked out to
limit as many variations as possible to keep the project as upscale
as possible; he feels it is basically going to come down to a
question of economics.
President Clayton polled the Board for individual comments to give
` J the developer feedback to determine if he wants to pursue this
matter one step further; comments were as follows:
O'REILLY - I could live with this density if the amenites are great
enough; would like to see the buildings as far away as
possible from the single family homes; want to see
appropriate landscaping to buffer the single family.
GLOVER - would like to see a reduction in density, more amenities
and more landscaping, if so, the closer to 20 he could
accept.
SHIELDS - could agree to the density, but is unhappy with it; he
would like to avoid the other variations previously
stated and would rather not vary the density.
KOWALSKI - echos Trustee O'Reilly's comments, but would add to not
close the door on a reduction of the density; would like
to see one building taken out and concentrate on amenities
to make an upscale product, such as increasing underground
parking to produce more green belt.
CLAYTON - very concerned with density and bulk of the buildings, does
not like variations; feels if you reduce density this will
take care of the variations.
President Clayton declared a recess from 9:12 P.M. to 9:20 P.M. RECESS
Moved by O'Reilly, seconded by Glover, to waive bids and purchase WAIVE BIDS
the Motorola System 90 Siren and Radio System from Motorola (Motorola System
Communications with a total not to exceed $5,574. Upon roll call, 90 Siren & Radio
Trustees voted as follows: System)
AYES: 4 - O'Reilly, Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, Reid
Motion declared carried.
Moved by Glover, seconded by O'Reilly, to waive bids and purchase WAIVE BIDS
the Apcor Radio for an amount not to exceed $7,610 and the Lifepak (Apcor Radio &
5 Defibrillator in an amount not to exceed $6,370.00. Upon roll Lifepak 5
call, Trustees voted as follows: Defibrillator)
AYES: 4 - O'Reilly, Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, Reid
Motion declared carried.
Trustee O'Reilly left the meeting at this time.
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5/19/86
Mr. Rigsby reviewed the bids received and recommends that AWARD OF BIDS
the Board accept the low bid from Schmerler Ford Inc. for (Central Garage
the 1986 Ford Tempo; accept the bid from Atlas Material fleet replace-
Handling Equipment Co. for a 1986 Bobcat Series 843 Skid ment)
Steer Loader with Tree Spade and Trencher attachments;
and reject all bids submitted for the 2050A Service Cab
and ask for authorization to rebid this item as all
proposals submitted by the vendors did not include the
accessories that are needed to mount the cab to the chasis.
Moved by Glover, seconded by Shields, to accept the low bid
from Schmerler Ford Inc. in the amount of $8,347.85 for a
1986 Ford Tempo; to accept the bid from Atlas Material Handling
Equipment Co. in the amount of $25,339.20 for a 1986 Bobcat
Series 843 Skid Steer Loader with Tree Spade and Trencher
attachments; and to reject all bids submitted for the 2050A
Service Cab and to rebid this item. Upon roll call, Trustees
voted as follows:
AYES: 3 - Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 3 - Marienthal, O'Reilly, Reid
Motion declared carried.
Mr. Brimm reviewed the bids received for the Police and Fire POLICE & FIRE
Pension Fund Actuarial Studies; it is recommended that Hewitt PENSION FUND
Associates of Lincolnshire, Illinois be retained to perform ACTUARIAL
the three-year valuation studies in an amount not to exceed STUDIES
$6,600 in conformance with the requirements of the Village (Award of Bid)
and the Illinois Department of Insurance. Moved by Glover,
seconded by Shields, to award the bid for the actuarial
studies for the Police and Fire Pension Fund to Hewitt
Associates of Lincolnshire, Illinois in an amount not to
exceed $6,600. Upon roll call, Trustees voted as follows:
AYES: 3 - Glover, Shields, Kowalski
NAYES: 0 - None
ABSENT: 3 - Marienthal, O'Reilly, Reid
Motion declared carried.
Mr. Balling stated that bids have been received for the sanitary SANITARY
sewer work and the trunk sewer work with the contract being split SEWER
out into Contract A & B; Contract A being the sanitary sewer REHABILITATION
rehabilitation work and Contract B being the sanitary trunk sewer (Award of Bid)
work; Donohue and Associates are the consulting engineers and they
v have evaluated the bids and filed their recommendations with the
Village. Tom Rolette, representing Donohue, was present and
summarized the bids received stating that four bids on Contract A
were received; the low bid was from George Kennedy Construction
Company in the amount of $474,550 with the second lowest bid
being from William Ziegler & Sons Inc. in the amount of $530,010.
Mr. Rolette stated that Kennedy Construction Company did not meet
the required 15 day small, women's and minority business enterprise
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5/19/86
notification; they notified 12 days prior to bid; also the
Kennedy bid contained unbalanced bid item costs:; and upon checking
references that the references were not very good. Based on these
factors, they do not feel it is in the best interest of the Village
to award Contract A to Kennedy Construction Company and recommends
awarding the bid to William Ziegler & Sons Inc. This is a net
increase in cost of approximately $56,000.
Mr. Balling pointed out to the Board that the difference in money
is a substantial amount; that Mr. Kennedy had done work for the
Northwest Water Commission and the commission did benefit from
three different contracts with him. Mr. Kennedy was present and
lengthy discussion followed reference the failure to comply with
minority hiring; the unbalanced bid item costs; and the fact that
the project is covered by a Build Illinois grant.
Trustee Reid arrived at this time - 9:35 P.M.
Mr. Rolette stated that the low bidder for Contract B was Gustafson
Excavating Inc. in the amount of $1,931,347.50; they have complied
with all of the minority business requirements; the bid was balanced;
and the check of references showed their work has been satisfactory.
Donohue recommends the award of Contract B to the low bidder,
Gustafson Excavating Inc.
In response to a question to have more time to gather further
information, Mr. Balling stated that if the vote were to be
delayed on this project, it should be for not more than one
meeting as there are time constraints reference the grant.
Moved by Glover, seconded by Kowalski, that Contract A be awarded
to William Ziegler and Sons inc. in the amount of $530,010. After
further discussion Trustee Glover amended the motion to read that
referencing the three items listed on page 3 of the Donohue letter
dated May 13, 1986 makes the determination that William Ziegler and
Sons Inc. are the lowest responsible bidder, that Contract A be
awarded to William Ziegler and Sons Inc. in the amount of $530,010.
The amendment was seconded by Kowalski. Upon roll call, Trustees
voted as follows:
AYES: 4 - Glover, Reid, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, O'Reilly
Motion declared carried.
Moved by Glover, seconded by Reid, that Contract B be awarded to
Gustafson Excavating Inc. in the amount of $1,931,347.50. Upon
roll call, Trustees voted as follows:
AYES: 4 - Glover, Reid, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, O'Reilly
Motion declared carried.
President Clayton requested that staff send letters of appreciation
to all the people who were helpful in the Village obtaining this grant.
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Mr. Balling stated that the concept is to have James J. Benes TRANSPORTATION
and Associates supplement our comprehensive plan effort with a PLAN
transportation plan. The Board had indicated a desire to look
at a development related cost for this project and staff has
come up with a per acre cost of $5.80 per acre which could be
rounded to a $6.00 per acre assessment to new annexations. The
alternative is in the next three to five years to charge the
developer more regardless of the specific impact; the Board
has not committed to the concept of a transportation plan, but
was waiting for this supplemental report. Staff is asking for
direction of the Board as to whether or not to pursue the
transportation study or defer it and move on for the completion
of the comprehensive plan without it.
Trustee Glover likes the concept of providing a transportation
plan; he feels it is important and should be a part of the
comprehensive plan, but is concerned as to how to blend the cost
into our existing fee structure. He would like to see the cost
of this plan reflected in the cost savings that was testified
to at the last meeting to reduce the traffic survey cost of the
developers.
Mr. Truesdell stated that the reason it has been as an
proposed
annexation fee instead of a preliminary plan review fee is that a
piece of property could come in with several preliminary plans
which would double or triple the fee; he recommends the annexation
fee.
Trustee Reid concurs with Trustee Glover that it should be included
in the comprehensive plan; perhaps the fees should be built into the
overall fee structure; it is a little vague to respond to. He does
not feel it is fair to charge back the whole thing on future developers
when we are reaping the benefits as well.
Trustee Shields concurs that it should be in the comprehensive plan,
but that perhaps the Village should underwrite the entire cost because
of the benefits to the Village.
Mr. Balling stated that staff is asking for authorization to move on
with the transportation plan proposal and that they would come back
with any scenerio with regard to the payment structure.
Moved by Glover, seconded by Shields, to direct staff to pursue the
Transportation Plan. Upon roll call, Trustees voted as follows:
AYES: 4 - Glover, Reid, Shields, Kowalski
NAYES: 0 - None
ABSENT: 2 - Marienthal, O'Reilly
Motion declared carried.
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Mr. Stan Lieberman, developer of the proposed Town Center, TIF DISTRICT
stated the purpose tonight is to review the request of two (Town Center)
weeks ago relative to a potential resolution for the TIF District;
research has been done since the last meeting of the Board. He
then introduced Jim Ryan, attorney; Marc Schwartz, attorney; Ron
Foster, Executive Vice-President of the Management Corporation;
and Gary Bradley, auditor/controller of the organization.
Mr. Ryan discussed what has been done since the last meeting
reference assumptions about the amount of borrowing necessary to
do the improvements on the property; the assumptions about the
nature of retail activity which would result from those improvements;
the sales tax that could be captured by creating a tax increment
district; and the impact of the repayment of the loans. He further
reviewed the Debt Service Summary sheet for the Board which is on
file in the Clerk's office. Also discussed was the process of
amending the state statutes to take advantage of this type of
financing; the time constraints involved; that the Village not
incur out-of-pocket expenses; the schedule of repayment for the
improvements; and the repayment of the borrowing as soon as possible.
Lengthy discussion followed with the Trustees expressing their
concerns about the impact upon the taxing bodies involved; i.e.
school, park, library, village. More details in writing was
requested before a vote will be taken.
Mr. Kozak, representing School District #102, was present and
requested that their district be involved and informed in the
planning. All taxing bodies are to be involved and informed
before the next meeting on this subject. Discussion was held
on the estimated revenue that would be received from the land
once developed, but estimated deficits before full development
were not received. This information was requested from the
developer.
All reports presented are on file in the Clerk's office. Money
received from the TIF District will cover only the public
improvement costs, nothing private.
After further discussion, President Clayton polled the Board:
"Yes" would indicate favor of the developer to continue on and
provide all of the information requested before the meeting of
June 2, 1986, with consideration of the resolution at that meeting;
"No" indicates opposition:
YES: Glover*, Reid, Shields, Kowalski**
*with information provided to the Board and other taxing bodies
as well.
**but receive the information before June 2nd.
NO: None
ABSENT: Marienthal, O'Reilly
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5/19/86
Moved by Kowalski, seconded by Reid, to adjourn the meeting. ADJOURNMENT
Upon voice vote, the motion was unanimously declared carried.
The meeting adjourned at 11:30 P.M.
Carol M. Tenerelli, Clerk Pro Tem
APPROVED BY ME THIS '-nL DAY
OF I,:\ . , 1986.
Village President