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HomeMy WebLinkAbout12/08/1992 COW agenda COMMITI'EE OF THE WHOLE AGENDA Meeting Location: Meeting Date and Time: Sen/or Citizens' Center Tuesday, December 8, 1992 50 South Emerson Street 7:30 P.M. I. CALL TO ORDER - ROLL CALL II. ACCEPTANCE OF MINLVI~S OF NOVEMBER 24, 1992 III. CITIZENS TO BE HEARD IV. DOWNTOWN REDEVELOPMENT - BROADACRE AND CATHOLIC CHARITIES This discussion continues from the November 24 Committee of the Whole meeting. In September of this year, the Village Board, staff, Business District Development and Redevelopment Commission and Broadacre convened a Downtown Redevelopment Workshop. At that time, a decision was made to re-focns efforts away from the original Broadacre plan which required acquisition of certain downtown properties due to an inability to reach agreement on the purchase price of same. The Board felt it would be more productive to concentrate efforts on the Pine/Wille area with the goal of starting construction as soon as possible after the old Public Works site is vacated. Since that Workshop, staff has been hard at work along several lines. First, all Statutory requirements including notice, convening of a Joint Review Board and the setting of a Public Hearing are in progress for the anticipated extension of the TIF Redevelopment Area. Second, staff along with Broadacre have been working with Catholic Charities to refine and better integrate their proposed Sen/or Housing Project into the overall redevelopment scheme. Third, staff has entered into preliminary discussions with Broadacre regarding an extension of their consulting services agreement. Attached is a series of memoranda from Planning Director David Clements and Finance Director David Jep§on highlighting key facts regarding the proposed Catholic Charities Development including the impact of this tax exempt property on TIF revenues. The fundamental issue for discussion is the Village Board's approval of the Catholic Charities Project as part of the overall Downtown Redevelopment Project. If there is a consensus reached that the Catholic Charities Project should be a part of the anticipated development then a letter of commitment to a particular site w/II be required from the Board so that Catholic Charities can proceed with the Grant process. Additional information regarding potential alternate sites along with profile information regarding likely tenants is provided in order to assist you with your deliberations. Appropriate staff along with representatives from Catholic Charities and Broadacre will be present to facilitate discussion. V. MOUNT PROSPECT 2000 - REVENUE/EXPENDITURE PLAN This discussion continues from the November 24 Committee of the Whole meeting. On November 10, the Village Board began discussion of Mount Prospect 2000 - A Vision for the Future. This Plan represents a long-range comprehensive approach to municipal governance. Mount Prospect 2000 attempts to dispense with the "business as usual" approach of single-year incremental budgeting, short* range planning and reactive policy and management decisions. The major elements of the Plan include: 1, Long-range Strategic Planning 2. Multi-year Rever3ue/Spending Plans 3. Incentive Budgeting' Techniques which include the use of performance standards. 4. An enhahced Village Board/Staff Partnership Due to the impending deficit conditions, we are, out of necessity, required to focus on the Revenue/Expenditure Plan. At the November 10 Committee of the Whole meeting, staff reviewed the overall Deficit Reduction Plan and identified, among other things, a Plan to reduce expenditure levels; suggested change to the current Refuse Disposal Program including Tax relief and the identification of several potential new Revenue sources. This "menu" of options was presented so that a mix of any or all the options could be utilized to reduce current deficit conditions to zero. During that initial discussion, several questions were raised regarding the impact of the potential new revenue sources and additional detail was requested regarding the proposed, Expenditure Reduction Plan and the Basic Service Refuse Plan. Attached are a series of memoranda which begin to address some of those questions and provide more detail. Staff hopes this additional information will facilitate additional discussion and allow elected officials to reach consensus on this important issue. Decisions regarding funding for the 1992 Tax Levy need to be made so that the necessary Tax Leu Ordinance can be adopted at the December 15 Village Board meeting. Appropriate staff will be in attendance to answer your questions. VI. MANAGER'S REPORT VII. ANY OTHER BUSINESS VIII. ADJOURNMENT EXECUTIVE SESSION Personnel DEFERRED ITEMS Voting Requirements