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2024-04-01 - Village Board Committee of the Whole - Agenda Packet T Fifty Raupp Blvd Meeting of the Village of Buffalo Grove Buffalo Grove, IL60089-2100 Village Board Phone:847-459-2500 Committee of the Whole April 1, 2024 at 7:30 PM 1. Call to Order A. Pledge of Allegiance 2. Special Business 1. Distracted Driving Prevention Month-April 2024 (Frank Cesario) (Staff Contact: Brian Budds) 2. Presentation by Link Together Coalition (Trustee Cesario) (Staff Contact: Brian Budds) 3. Preview of the Comprehensive Plan's Existing Conditions Report (Trustee Weidenfeld) (Staff Contact: Nicole Woods) 4. Discussion of a Revolving Loan Program for Residential Utility Improvements (Trustee Stein) (Staff Contact: Chris Stilling) 3. Public Comment Public Comment is limited to items that are not on the regular agenda. In accordance with Section 2.02.070 of the Municipal Code, discussion on questions from the audience will be limited to 5 minutes and should be limited to concerns or comments regarding issues that are relevant to Village Board business. All members of the public addressing the Village Board shall maintain proper decorum and refrain from making disrespectful remarks or comments relating to individuals. Speakers shall use every attempt to not be repetitive of points that have been made by others. The Village Board may refer any matter of public comment to the Village Manager, Village staff or an appropriate agency for review. 4. Executive Session A. Executive Session- Section 2(C)(2) of the Illinois Open Meetings Act: Collective Negotiating Matters Between the Public Body and Its Employees or Their Representatives, or Deliberations Concerning Salary Schedules for One or More Classes of Employees. (President Smith) (Staff Contact: Dane Bragg) 5. Adjournment The Village Board will make every effort to accommodate all items on the agenda by 10:30 p.m. The Board, does, however, reserve the right to defer consideration of matters to another meeting should the discussion run past 10:30 p.m. The Village of Buffalo Grove, in compliance with the Americans with Disabilities Act, requests that persons with disabilities, who require certain accommodations to allow them to observe and/or participate in this meeting or have questions about the accessibility of the meeting or facilities, contact the ADA Coordinator at 459-2525 to allow the Village to make reasonable accommodations for those persons. 2.1 .........................................I ............................... m Information Item : Distracted Driving Prevention Month -April 2024 ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Recommendation of Action Staff recommends the presentation of the Distracted Driving Prevention Month Proclamation A proclamation recognizing April as Distracted Driving Awareness month. ATTACHMENTS: • Distracted Driving Proclamation-2024 (DOCX) Trustee Liaison Staff Contact Chairman Cesario Brian Budds, Police Monday, April 1, 2024 Updated: 3/28/2024 11:52 AM Page 1 Packet Pg. 2 2.1.a At r mrmmmwmmumiwwwwwwwwwwwiwirmwwwwwwwwurvrciuvnm�omxu�w�um�awwwwu w„ mwiu �w � w� wrwn fjr �VPy'��lv'61�� O 0, C14 Q. 0 a DISTRACTED DRIVING AWARENESS MONTH - APRIL 2024 0 WHEREAS, distracted driving is a serious issue on our roadways, claiming thousands of lives and injuring thousands more each year in the United States; and a a� WHEREAS, The National Highway Traffic Safety Administration(NHTSA)reports that in 2021 there were 39,508 fatal crashes in the United States. Eight percent of those fatal o crashes were distraction-affected crashes; and WHEREAS, according to the U.S. Department of Transportation, over 3,500 people were killed in distracted driving crashes in 2021; and 0 WHEREAS, engaging in activities such as talking on a phone,texting, checking social media or N email, selecting music, or other uses of portable devices while driving increase the N risk of getting into a crash by three times; and o �a WHEREAS, the improved health and well-being of Buffalo Grove's citizens are a direct result of E �a increased awareness about the dangers of distracted driving; and c 0 a WHEREAS, in order to reduce the number of crashes as well as improve driver safety, Buffalo a� Grove motorists should commit to adopting and maintaining safe behavior while S behind the wheel; and o WHEREAS, April has been selected as the National Distracted Driving Awareness Month by The National Safety Council f!1 NOW, THEREFORE, I, Eric Smith, PRESIDENT OF THE VILLAGE OF BUFFALO GROVE, do hereby proclaim and pronounce April National Distracted Driving Awareness month in Buffalo Grove and urge all citizens to promote awareness of the distracted driving problem, and to support s programs and policies to reduce the incidence of distracted driving. a a Proclaimed this 1 st day of April 2024. Village President Packet Pg. 3 2.2 .........................................I ............................... m Information Item : Presentation by Link Together Coalition ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Recommendation of Action ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Staff recommends discussion Kris Zerfass, representing Link Together Coalition, will provide a presentation on the services offered by Link Together Coalition, their enduring partnership and collaboration with the Police Department, and the intended use of the $5000 donation from the Opioid Settlement to benefit the Buffalo Grove Community. Trustee Liaison Staff Contact Cesario Brian Budds, Police Monday, April 1, 2024 Updated: 3/28/2024 11:50 AM Page 1 Packet Pg. 4 2.3 ......................................... � ............................... � m Information Item : Preview of the Comprehensive Plan's Existing Conditions Report ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Recommendation of Action ......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Staff recommends discussion. Staff will be presenting a preview of the Comprehensive Plan's Existing Conditions Report. The presentation will include key findings regarding population and housing, community outreach, land use and development, infrastructure and natural resources, economic development, Dundee Corridor, and Milwaukee Corridor. Staff would like to gain the Board's feedback on the framework for this Report before moving forward. ATTACHMENTS: • COW April 2024 ECR Preview(DOCX) Trustee Liaison Staff Contact Weidenfeld Nicole Woods, Community Development Monday, April 1, 2024 Updated: 3/28/2024 11:54 AM Page 1 Packet Pg. 5 2.3.a TALI E' 0 F BUFFALO G'ROVE MEMORANDUM 0 a am Q: DATE: March 4, 2024 0 TO: Dane Bragg, Village Manager 0 c.> FROM: Nicole Woods, Director of Community Development = U) X SUBJECT: Comprehensive Plan - Existing Conditions Report Preview w f!1 a. C td Last summer, Staff presented the Board with some of the preliminary findings for the Comprehensive Plan Existing Conditions Report (ECR). These findings revolved around the themes of Deeply Rooted and Emerging Trends, which featured growth in automation, technology, BG's population, and the E rising interest in walkability, and environmental sustainability. In addition, the presentation 0 highlighted Market Analysis Findings. This information was collected based upon Census data, market interviews and data, CMAP information, community outreach, and other key sources. o 3 a� Since that time, Staff has also incorporated some of the recent major projects/advances that will .5 significantly influence the trajectory of the development, land use, and connections in the a_ community. Staff will be sharing a preview of the Existing Conditions Report (ECR) with the Board 3 at the April Committee of the Whole Meeting. Soon after, staff will be sharing the Existing Conditions Report with the Board and the Steering Committee. The report will be organized under the following a topics: • History and regional Context • Economic development • Population • Transportation N • Outreach Findings • Infrastructure and Natural Resources • Housing and Neighborhoods • Dundee Road and Milwaukee Rd Corridor a • Land Use and development 0 U The timeline for the project is as follows: E DFinal U i Exisitingj Draft condton Visioning �� ������V',, Plan Report I Spring Late Spring Summer Fall/Winter 2024 2024 2024 2024 Page 1 of 7 Packet Pg. 6 2.3.a Presented below are some key highlights: Population and Housing Key Finding;Buffalo Grove's population and housing stock are growing and diversifying. 2020 Census reports show that Buffalo Grove's population is 43,212, which is an increase by 4% or 1,716 since 2010. BG's population increase is greater rate than Cook County, Lake County and the o Chicagoland region's which have increased by 1.5%, 1.5% and 1.6% respectively since 2010. CMAP C projections show Buffalo Grove's population increasing by 24% to 54,754 by 2050, which is on pace with the region's increase of 25%. o Along with growth, the population is also diversifying. As shown in the chart below, Buffalo Grove 0 has seen more diverse growth, especially with the Asian population which has almost doubled since = 2010, and now represents roughly 24% of the community's population. y X w As it has in decades past, Buffalo Grove's population has LA'ffa o Grove Population IBA Race high levels of educational attainment and household 201.0 vs 020 a income. Approximately 67% of Buffalo Grove residents have attained a bachelor's degree or higher level off education. In comparison, only 40% of residents in the Chicago region have attained this educational level. The C Village's median household income of $121,212, is higher U than Cook County ($72k), Lake County ($97k), and the � D r Chicagoland region ( 81k). �l�i%%�' o Buffalo Grove currently has slightly less than 17,000 0. L housing units, which is an uptick from by about 2% since a 2010. While most of the Village's homes are single-family 3: detached homes, new projects such as Link Crossing, The w1hArtab(Non I 111spa�inic) > m .. Cloves 250, and Bison Crossing will add to varying housing h11is;lp audc air I�akliirnci(of Aii Race) (L 13h�Clk(Nc,ii„-I111SIIDaiinuc) typologies. tit Asian(Nciin H1ia;1D,.mrn1ic) W N O N Community Outreach Q Key Finding: Buffalo Groves residents and other stakeholders value Outreach at BG Days a neotraditiona/princip/es of livability and community as well as techno% s, o I,", �modern planning practices and sustainability measuresThe community outreach for the Comprehensive Plan has been muti-pronged as it has inc uded tangentia outreach activities through theCommunity Branding and Strategic Plan projects as well as theComprehensive Plan. In synthesizing the various interviews and surveys,staff found that residents and stakeholders value neotraditional principles of livability and community. This includes strong civic institutions such as the schools, parks, and libraries. In addition, residents desire focal gathering Page 2 of 7 Packet Pg. 7 2.3.a points or centers that are walkable with shops, restaurants and entertainment. They also expressed a need for housing type and pricing to be further diversified. Additional findings showed that art, additional bike lanes/trails, and enhanced public transportation options would add to the high quality of life. From a social aspect, there is great value on youth, seniors, diversity, and overall interest in maintaining BG as an inclusive community. Residents are encouraged by the current redevelopment occurring in the community and hope it continues for the remaining underutilized properties. Stakeholders are also forward-thinking as they value emerging technologies, modern planning o CL principles, and sustainability measures all of which include: EV charging stations, solar panels, advanced manufacturing districts, and the integration of green space with development. O Land Use and Development Key Finding; Buffalo Grove is a community organized around civic, commercial, and industrial centers. N X Buffalo Grove is organized around various civic, commercial and industrial nodes or centers. These w N centers have a symbolic and functional purpose as they serve to provide the community with places of commerce, community, and identity. Most (but not all) of the nodes are akin to concentric circles, a .N c 'ulllhge of Biui�ffllopircwe, Y� Ily�v^ I g MAYih'UI 'n Gfl ,rY Y JA r 0.f�lMC�Yd 14Cr `.f E LG /0 q ,gee s ms. v B d O ge�lo Grove Municipal dUniNode G Boundary Induz rlNod aeae Lake-Cook Boundary Commercial ade La� �Railroad NetraSakic^ rvn@9uhir a.03�1 Emzknng ParWOpen Space g 9r p N ! d > rasa/ A ` AI IN / c !M LU r, H G,F A fN wp C G' j1�0l1 i � N neIawr+>t"a � r3 Q. cwcrsr�ao /i ' ti r�i a 8 i /',f Q (yv _.._ �, . a r c �y/ Nlror % �� ro roro,ro mro �� V n / // romrom�w.ro�..�«�.run ro,w+�ro,mr w.w�nmwn ww.au Mm.m wm.nwaro..row«w�ww�.w agiwwror�;p �! a �r�+ronrowmm�rcm��a,:sro a�w:,�u,�. wrow�.,m�.ro.Jw�wnwwnmmmarnm+mw.«w�a ro�i � V 4N dY� W+fJIlM4'IL'6 Flf1 ,� �4FMJFiR&&Wf ����i/ «»^m ...,, �d4� �• gar l[i tw;gtu rt gg '" y�, IIII pp „1 �"�1J° gypyp V{sxlCyl�t.r 8...,,...u� � "Y{ P L«..�.'� i �� r�..✓ �+ Page 3 of 7 Packet Pg. 8 2.3.a with the most intensive uses/densities in the middle and a gradual transition to less intense uses/densities going towards the node's perimeter. The civic nodes typically have multiple uses including parks, schools, or a major Metra station, as well as commercial uses. Civic nodes in the Village include the intersection of Arlington Heights and Dundee Roads as well as Prairie View Metra Station area. The Clove (East Lake Cook Corridor), Mike Rylko Park, and Chase Plaza (West Lake Cook Corridor); create a triad of centers creating a community core that is becoming the true heart of the Buffalo Grove. o a Commercial nodes are those that function as key centers of commerce and include two neighborhood commercial nodes at the intersections of Buffalo Grove and Dundee Roads, Route 83 and Arlington ° Heights Road; as well as the more regional commercial center at Milwaukee Road and Deerfield Parkway. U a� The Village's two industrial nodes are often overlooked by residents but are key to the Village's local x economy. The northern industrial node includes key industrial developments such as Arbor Creek, w N Corporate Grove, and Covington Corporate Center. The southern industrial node includes developments such as Chevy Chase Business Park and Buffalo Grove Commerce Center. a .y Transportation and Accessibility s Key Finding;Buffalo Grove is served by strong road networks limited public transportation options 2 a robust bike connections and continued improvements in wa/kabi/its o U Through a series of arterials such as Lake Cook Road, Route 83, Route 22, Buffalo Grove enjoys great access to Tri-State Tollway (I-294), Illinois 53-290 corridors connecting it to other o communities across the Chicago Region, Illinois, and country. Other minor arterial, collectors and local roads complement these major arterials and also provide accessibility within the community. L a_ While the road network is strong, public transportation is limited. 3 Multi-Use Trails in BG Pace Bus and Metra's low-service North Central Service provide the > community's public transportation options. Ridership and service a. has declined since Covid and still has not returned to pre-pandemic ,;;;,�� w levels. N The Village has an extensive network of bike and pedestrian paths, N which include off-street trails like multi-use paths and side paths. C The bike system is also linked to two regional trails: the Buffalo Creek Forest Preserve Trail and the Des Plaines River Trail allowing for greater regional access. Walkability, similar but somewhat distinct from the bicycle and pedestrian paths, has become a E growing interest in the community. The extensive connection of sidewalks, the rise in mixed-use planning sites (The Clove), and the �� �� �� �'�� � Q 9 increased interest in walkability has created momentum around this issue. ,a Page 4 of 7 Packet Pg. 9 2.3.a Infrastructure and Natural Resources. Key Finding:Buffalo Grove has a symbiotic relationship with natural resources and infrastructure and values them as key assets: A distinguishing feature of Buffalo Grove, as captured by the new logo, wi0owstream Park is its natural resources, particularly open spaces, parks, and trees. The , Village boasts almost 450 acres of open space, which includes parks, ; M naturalized areas, detention areas, and other open spaces. The Villages °a two golf courses are an additional 250 acres. Other Lake County Forest a) Preserve properties are adjacent or a stone's throw away from the Village. Buffalo Grove's excellent accessibility to open space is best 2 illustrated in examining the accessible amount of park acreage per 1,000 residents metric. Buffalo Grove enjoys an outstanding 9.89 acres per ,� r �� � '� 0 1,000 residents, while Lake County, Cook County and the Regions' metrics are 9.49, 3.57, and 5.78 respectively. y X w N There are seven distinctly named watercourses within the Village limits including Buffalo Creek, Farrington Ditch, and Aptakisic Creek. Floodplains align some of these watercourses, but are most a prominent at Buffalo Grove Golf Course and along Milwaukee Road. Wetlands cover approximately .y 162 acres of land scattered throughout the Village, and are generally located within parks, open s space and golf courses. ;v a E 0 The Village of Buffalo Grove is served by separate stormwater and sanitary sewer systems, that U along with water lines, total to over 600 miles of system infrastructure. Many of the Village's first- generation utilities are in line for replacement and rehabilitation. BG's Infrastructure Modernization 0 Program (IMP), which was kicked off in 2020, is the largest initiative in the Village's history to replace and rehabilitate core infrastructure assets. The plan, which looks to invest over $150 million in 0 capital projects over the next three years, focuses on project coordination, sequencing, and minimal a impact to the property taxes. a. a� L Economic Development W Key Finding: Buffalo Grove's strategic efforts continue to improve its strong economic development w environment, which includes advanced manufacturing corridors and mixed-use redevelopment N 0 centers. N 'i Q Advanced manufacturing has been and continues Y° to be a key driver of the local economy. Over , U 3,000 (nearly 20%) of employees working in (1) Buffalo Grove are employed in the manufacturing BUSINESS irSOURCE sector. Most of these workers are employed by advanced manufacturers such as Simens and � / i1 UYillVll�llll�1�;7J1�1�ll�11d1DmD 1/�I/'�IdUD/lr�U/l ���/%�/OG//l//l///'U/'i✓lJi/////� l,�f�rrnr i r e Flextronics. Related to advanced manufacturing is , the professional, scientific, and technical services industry, which is the second highest employer of Page 5 of 7 Packet Pg. 10 2.3.a Buffalo Grove workers. This sector employs 2,650 workers and includes companies such as BITS (Business IT Source) and Connexion. Over the past few years, the Village has helped facilitate mixed-use redevelopment in key areas including Woodman's/Shoppes of Buffalo Grove, The Clove, and Bison Crossing. Buffalo Grove's willingness to be agile and adaptable to the changing market has helped this redevelopment materialize. Economic tools such as tax sharing and TIFs, have been influential in the redevelopment process, even in tough economic environments. These areas have led (and will lead) to high tax- o generating businesses such as Woodman's and Tesla. N _ Commercial real estate in the Village generally follows regional trends. The office market is weak ° with a vacancy of 31%. In sharp contrast, the industrial market is strong with a vacancy rate of 6%. Lastly, the retail market is steady and has a vacancy rate of 8%. a� Dundee Corridor Key Finding; Buffalo Grove's Dundee corridor is fueled by the two key nodes that bookend the U Corridor. a Stretching approximately two miles from west to east, Dundee Corridor is the community's southernmost commercial corridor. The corridor, which boasts strong visibility and traffic (27,000- 29,000 ADT), is fueled by the two key nodes/centers that bookend the corridor. First is the Arlington ;v Heights and Dundee Roads Civic Node, which includes Strathmore Center, Plaza Verde, Buffalo Grove o High School, and Bison Crossing. On the other end is the Buffalo Grove and Dundee Roads Commercial Center, which includes the Plaza Cambridge Commons and Cambridge West. The uses and property aligning Dundee Road between these centers are supported by the energy and activity o of these nodes. This is further reflected in lot size and land use as the nodes have greater lot sizes and concentration/intensity of uses than those in the middle stretch. Accounting for and recognizing L all these dynamics will help facilitate future redevelopment opportunities for the two centers and a middle stretch. a. a� L It should also be noted that the recently approved Dundee Road TIF District along the western edge W of the corridor and the vacant Cambridge Commons site are of particular interest for redevelopment w in the future. N 0 N Dundee Corndor's Land Uses and Nodes a Leg en Bu radarroue MUnici al Commun Nodez m4 w.. ... p 'IN�Ii a �um HAWTI-K-PNE DR ndc bid Nodes a Q wo iu a'Lahie{ocd:Cnnrdy Bokmdary 6 -b'N,P Commercial Nodes V Railroad a Mw"'"v"m"rs'w"" - „'k"•' l f,'`�f ++ `P mk.Station o �t Ea:isting Parks�M�i a¢en Spe ✓, a�7k w � ,. &istingTrail a rl`bY� 'i4 s 1111111111111111 D juKiE RAa" QE l n 11111111111111 Agrrul . 1UgFIndugnsl lF l etahed i Singe-NnniyAm6ec y."„'n+" kh-1 As pr� ...... ME M.Iti-F.mily Nrkzdlpen Sp.. 11111111111111111111 Cornmerdal Lftilftiex/Transportalion 1111111111111 IIIIIIIIIIIIIIII�ffire (IIIIIIIIIIIII Macanrt a Mixed We a; J, Page 6 of 7 Packet Pg. I I 2.3.a Milwaukee Corridor Milwaukee Corridor's Key Finding: Buffalo Groves Milwaukee Corridor is anchored by Land Uses and Commercial Node the Deerfield and Milwaukee commercial node and is influenced w , .. _� t by a variety of key factors including: varying land uses,, multi- f` � n7 iurisdictions and environmental constraints Buffalo Groves Milwaukee Corridor marks the eastern edge of the � , o L community. The varying jurisdictions (Buffalo Grove, y � Lincolnshire, Wheeling, Riverwoods, and unincorporated Lake 1l C County) along Milwaukee help account for its disjointed land uses �ELDRD and development. The recent Woodman's and the Shoppes of Buffalo Grove at Deerfield Parkway and Milwaukee Road has U helped transform that intersection into an important regional c commercial node/center that anchors the corridor for BG. y Future development and annexation opportunities will look to " t FLleverage activity from this regional commercial node as well as a ,�w d� [ Milwaukee s high visibility and traffic (approximately 26,000 to 27,000 ADT). Perhaps most importantly, all future opportunities "'; A-� a will have to take into account and incorporate the environmental CL constraints and conditions inherent to this area's land. This "II, ���ip -u��pHln E includes soil conditions for properties such as the Land and Lakes Kra k �b site, which was a former landscape waste transfer facility and the Flannigan parcel, a former landfill. In addition, most of the Legend o YuY,,,,," Buffalo Garc+ve uNap l -,illu Community Nodes 3 properties east of the Milwaukee Road are largely in the floodway Bwndary 10 indan-triai Nodes and floodplain given its proximity to the Des Plaines River. II I°I Laileca°�C°°"'B° ndary ' Commerr alNxles Ratlrcrad iv Met.Station d Existing ParWfVen Space Existing Trail Existing Land Use Cesignaton •� m i I IIIIIIIIIIIIIII>w9ruulfiural I=Besear€h,lLighklrrdustrial L Single-Familyr Bietached IIIIIIIIIIIIIIIIII GwicInstitutlon d Staff is looking to hear the Board's feedback on the presented Si gle-Familyrkt-hed Sch—1 W ace LU findings. Staff will incorporate any key ideas into the Existing llllllllllllllllllllCommecia ;eye xP atgn Conditions Report which will be shared with the Board and the va�am N 0 IIIIIIIIIIIIII N1i Use N Steering Committee in the near term. Q Q 0 U c d E s �a Q Page 7 of 7 Packet Pg. 12 2.4 ......................................... � ............................... � m Information Item : Discussion of a Revolving Loan Program for Residential Utility Improvements ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Recommendation of Action ......................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... Staff recommends discussion. Last year, staff presented the concept of developing a low interest revolving loan program to assist homeowners with certain utility projects including water/sewer repairs and upgrades, private drainage improvements and sewer service lining. Prior to this matter being scheduled for final consideration by the Village Board, staff wanted to provide an update on the proposed program and address any additional comments or questions. ATTACHMENTS: • Utility Loan Program BOT Memo 3.28.24 (DOCX) Trustee Liaison Staff Contact Stein Chris Stilling, Community Development Monday, April 1, 2024 Updated: 3/28/2024 1:31 PM Page 1 Packet Pg. 13 2.4.a VILI,AGE OF BlIFFAL0 GROVE MEMORANDUM DATE: March 28, 2024 TO: Dane Bragg, Village Manager FROM: Christopher Stilling, Deputy Village Manager RE: Update Regarding the Creation of a Revolving Loan Program for Utility Improvements o w E a� 0 L IIIIIII'°° a Illllk�������IIIII IIIIII� �°°°IIIIII' IIIII 0 Staff recommends that the Village create a revolving loan program. The program would J 0) create a low interest loan to assist homeowners with certain utility projects including water/sewer repairs and upgrades, private drainage improvements and sewer service lining. N R�P IIIIII�II KI N�� IIIII u M Last year, staff presented the concept of developing a low interest revolving loan program E to assist homeowners with certain utility projects including water/sewer repairs and upgrades, private drainage improvements and sewer service lining. Staff is currently o preparing the documentation and code updates to establish the program. Prior to this m matter being scheduled for final consideration by the Village Board, staff wanted to provide an update on the proposed program and address any additional comments or questions. 0 a. As part of last year's discussion, Trustees were supportive of the program and requested some additional information pertaining to: J 1. Staff time for administration 2. Access and availability to residents, especially in the case of emergency repairs 3. Proof of ownership E s 4. Payment schedules a Staff will be providing a brief presentation at the April 1, 2024 Committee of the Whole meeting. Following that discussion, staff will present their final recommendation to the Village Board in May. Page 1 of 4 Packet Pg. 14 2.4.a SUl*l4XllltY 011lllI C I" t C IIIII I . IIIII As the Village is entering its sixth year of the Infrastructure Modernization Program (IMP), staff anticipates to see increased interest from homeowners wishing to improve their water and sanitary service lines as the Village undertakes neighborhood wide water/sewer main projects. This is also the case as we start making stormwater improvements to address drainage issues, particularly as part of the Benard Drive construction project. As a result, staff is proposing the creation of a new revolving loan program for residential utility projects. We believe that as the Village continues with the implementation of the IMP, y staff will be able to get the interest of homeowners to make needed repairs at a cost- °1 effective time for all parties, rather than waiting for a problem to arise. The following is a general summary of the proposed loan structure: ,o E L � ,�dti Ilrlo AIV Ir ���b Vr Ir��tF:— «<<,�V��°� "°���w ��« .��.nv� �;�„� o 50% of the total costs of the work, not to exceed $10,000 0 • in irm a rn $2,500 c • Covers... c 06 • Water line Upgrades M a� ,............... 36 %,,�nt lis � O m Paid bi-monthlyas part of the water bill E L O L a c 45 Y Flat 3% iriterest � +. C E ,;; III III i`1"III:E r`a ICI Q Personal GUarantee • Lien against property • DefaUlt COUld be recovered at the time of a transfer stamp Page 2 of 4 Packet Pg. 15 2.4.a m�li� III II� lu � I�I�I�I�I�I�I�lulul�ulu �llllllllluilu°�� um uli — m�lll 111 a IiNi II� w � u V III III Di" i d O MENEM cC O L IMP a c c� O J II meow O As part of last year's discussion, Trustees were supportive of the program and requested some additional information. Staff offers the following response to the questions raised. N 00 Staff Time N M Staff believes the administration of the program will not require significant staff time. We ° E anticipate that the program will generate 3-7 loan requests each year. Once the loans are reviewed and approved, minimal staff time is required for administration as the loan payments 0 will be processed as part of the Village's water bills which are sent out every two months. IM E L Access and Availability to Residents o Loans will be made available to all residents regardless of income levels or needs, C contingent on available program funding. While the program will require 3 bids, staff will J include a provision to allow for this to be waived in the event of an emergency repair. Proof of Ownership Loans will require that applicants provide proof of ownership via a copy of their deed and/or £ title policy. In the event the property is held in trust, additional documentation may be required including but not limited to a letter from the Bank and/or the Trustee confirming ownership. a Payment Schedules Loans would be paid back over a 36-month period and paid bi-monthly (18 payments) via the Village's water billing process. As with water bills, residents will be able to utilize the Village ACH process for loan payments. Page 3 of 4 Packet Pg. 16 2.4.a Staff will be recommending up to $75,000 to "seed" the loan program. Staff is projecting that funds could be allocated from the Water/Sewer Fund and the General Fund. Staff has developed a 10-year proforma of the program. The chart below shows the initial $75,000 fund balance and the amount of available funds after each year assuming 3-7 loans per year with varying values. Based on this scenario, the Village's initial $75,000 investment results in over $200,000 in loans with nearly $8,500 of growth from interest. �I�I�I N I iw mr of I I �V _I1 I luu � w L 0 A I I I I I I R ! L O L II II�II III U 11 I� a I. I I I I uullll I c� m I u IU I 0 li Iuuu I N J I I 0) III I CO Ili � I I I I . N �N I � I Vi N I I I I N N M O °°"j°°°°IIIIIC° IIIII I°" IIIIIIIIIIIIII'j°°° IIIIIIIIIIIIII' °°"j°°"IIIIIIIIIIIIII'IIIIII°� � a� Staff is seeking the general feedback from the Board regarding the proposed program. o Staff will be providing a brief presentation at the April 1, 2024 Village Board Committee of to the Whole meeting. L O L. a c ca O J C t V Q Page 4 of 4 Packet Pg. 17 4.A ......................................... � ............................... � m Information Item : Executive Session-Section 2(C)(2) of the Illinois Open Meetings Act: Collective Negotiating Matters Between the Public Body and Its Employees or Their Representatives, or Deliberations Concerning Salary Schedules for One or More Classes of Employees. ............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................... ........................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................ Recommendation of Action Executive Session- Section 2(C)(2) of the Illinois Open Meetings Act: Collective negotiating matters between the public body and its employees or their representatives, or deliberations concerning salary schedules for one or more classes of employees. Trustee Liaison Staff Contact Smith Dane Bragg, Office of the Village Manager Monday, April 1, 2024 Updated: 3/28/2024 1:33 PM Page 1 Packet Pg. 18