The URL can be used to link to this page

Home My WebLink About06/21/2016 VB Minutes MINUTES OF THE REGULAR MEETING OF THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT June 21, 2016 CALL TO ORDER Mayor Arlene Juracekcalled the meeting to order at 7:09p.m. ROLL CALL Present: Mayor Arlene Juracek Trustee Paul Hoefert Trustee John Matuszak Trustee Steven Polit Trustee Richard Rogers Trustee Colleen Saccotelli Trustee Michael Zadel PLEDGE OF ALLEGIANCE Pledge of Allegiance led by Trustee Saccotelli. INVOCATION Trustee Politgave the Invocation. MINUTES Trustee Hoefert, seconded by Trustee Matuszak,moved to approve the minutes of the regular Village Board meeting held June 7, 2016. Upon roll call:Ayes: Hoefert,Matuszak,Polit,Rogers,Saccotelli,Zadel Nays: None Motion carried. MAYOR’S REPORT A.ACCOLADES Proclamation: “Proclamation Acknowledging the Fundraising Efforts of Lions Park School to Benefit Central School” “Birthday Countdown: Finish the Job” Mayor Juracek presented the Proclamation to Lions Park School principal, Ms. Kristine Gritzmacher. The second grade students were recognized for raising $607.23 to donate toward the restoration of Central School. Mr. Frank Corry, Mount Prospect Historical Society, recognized and presented certificates to the representative from the three (3) schools who participated in the “Birthday Countdown: Finish the Job”; Lions Park School (1st place); Fairview School (2nd place) and Saint Paul Lutheran School (3rd place). Mr. Corry thanked the schools as well as the entire community for their generous donations for completion of the Central School restoration. Mayor Juracek also thanked the students and community for their support and donations for completion of the project. The project will be completed in time for the February 3, 2017 Centennial Celebration. 1 page of 4 Village Board Meeting MinutesJune 21, 2016 COMMUNICATIONS AND PETITIONS –CITIZENS TO BE HEARD Mayor Juracek stated as Item A. An Ordinance Annexing Certain Property to the Village of Mount Prospect under New Business would be deferred until the July 19, 2016 Village Board meeting comments regarding this item would be presented under Citizens to be Heard. Mr. Karl Ottosen, Attorney –Elk Grove Rural Fire Protection District Mr. Ottosen addressed the Village Board regarding the Village’s intent for annexation of unincorporated Cook County; areas served by the Elk Grove Rural Fire Protection District. The Fire District is concerned about the financial impact and service level the annexations will have on the Fire District; what is the Village’s plan for fire protection services for the annexed areas. Mr. Ottosen requested there be communication between the Village and the Fire Protection District regarding the Village’s intent with the annexation and fire services. Acknowledging the positive relationship the Village has with the Fire District, Mayor Juracek thanked Mr. Ottosen and indicated the Village would be in communication with the Fire District. CONSENT AGENDA \[All itemslisted under Consent Agenda are considered routine by the Village Board and will be enacted by one motion. There will be no separate discussion of those items unless a Board member, or resident from the audience, so requests, in which event the item will be removed from the Consent Agenda and considered as a separate item.\] Mayor Juracek requested a motion to waive the rule requiring two readings of an ordinance and approve the Consent Agenda. TrusteePolit, seconded by Trustee Rogers, moved to approve the following business itemsunder the Consent Agenda: 1.Monthly Financial Report –May 2016 2. List of Bills –June 1 –June 14, 2016 3. An Ordinance Amending Ordinance No. 6148, as Amended by Ordinance No. 6205, Granting a Conditional Use Permit for a Final Planned Unit Development, Conditional Use for a Drive-Through Establishment and Variation for Property Located at 990-1145 Mount Prospect Plaza, 940-950 EastRand Road at 1200-1220 East Central Road, Mount Prospect, Illinois (ORD 6254) 4.Motion to accept change order for video surveillance and access control systems project in an amount not to exceed $6,035.(VBA 35-16) 5.Motion to approve and authorize the Village Manager to execute a Separation and Release Agreement between the Village of Mount Prospect and former Assistant Village Manager David Strahl.(VBA 36-16) Upon roll call: Ayes: Hoefert, Matuszak, Polit, Rogers, Saccotelli, Zadel Nays: None Motion carried. OLD BUSINESS None. 2 page of 4 Village Board Meeting MinutesJune 21, 2016 NEW BUSINESS st A.1reading of An Ordinance Authorizing the Annexation of Certain Property to the Village of Mount Prospect Thisordinance authorizes the involuntaryannexation of certain property located1105 East Algonquin Road, 1901 South Busse Road, 1801 South Busse Road, 1690 West Imperial Court, 1691 West Imperial Court, 1911 South Busse Road, 1907 South Busse Road, 1660 West Kenneth Drive, 302 West Kenneth Drive, 505 West Kenneth Drive, 1660 West James Drive and 1650 West James Drive. st To allow for further review of the plat of annexation,Mayor Juracek requested deferral of the first(1) reading of An Ordinance Authorizing the Annexationof Certain Property to the Village of Mount Prospect until the July 19, 2016 Village Board meeting. Trustee Zadel, seconded by Trustee Polit, moved for approval to defer the first reading of An Ordinance Authorizing the Annexation of Certain Property to the Village of Mount Prospect until the July 19, 2016 Village Board meeting. Upon roll call: Ayes: Hoefert, Matuszak, Polit, Rogers, Saccotelli, Zadel Nays: None Motion carried. st B.1reading of An Ordinance Providing for the Issuance of Not to Exceed $9,400,000 General Obligation RefundingBonds, Series 2016, for the Purpose of Refunding Certain Outstanding Bonds, Providing for the Levy and Collection of a Direct Annual Tax Sufficient to Pay the Principal of and Interest on Said Bonds, and Authorizing the Proposed Sale of Said Bonds to the Purchaser Thereof. Mayor Juracek presented for a first reading An Ordinance Providing for the Issuance of Not to Exceed $9,400,000 General Obligation Refunding Bonds, Series 2016, for the Purpose of Refunding Certain Outstanding Bonds, Providing for theLevy and Collection of a Direct Annual Tax Sufficient to Pay the Principal of and Interest on Said Bonds, and Authorizing the Proposed Sale of Said Bonds to the Purchaser Thereof.This ordinance permits the issuance of $9.4 million in refunding bonds related to the Series 2016 Library Bonds. Interest rates in the market allow for significant savings by pursuing a current refunding of these bonds. The net present value savings of the refunding is $566,110 or 6.29% of the par value of bonds being refunded. Finance Director Dave Erb provided background information and responded to questions from the Village Board. This ordinance will permit the Mayor and Finance Director to execute a bond order for the sale of these bonds. Additionally, the ordinance iswritten to permit the sale of bonds through competitive bid or negotiated sale with a select financial institution. The final debt service schedule set upon issuance of the bonds will be structured to spread the savingsevenly over the term of the new bonds. As with previous refundings, there will be no lengthening of the maturity date for these bonds. When the bonds are sold a summary of results will be presented to the Village Board. Distribution of the final approving legal opinion from bond counseland completed escrow agreement will also be made available at that time. Mr. Erb provided the following in response to questions from the Village Board: Residents benefit -$119, 000 annual savings; all in Library tax levy. Village is currently one stepbelow AAA rating 3 page of 4 Village Board Meeting MinutesJune 21, 2016 Village Bond rating not impacted by Library debt; market place looks at Village Bond rating not Library. Village will have an opportunity for refunding about this time in 2017. Trustee Zadel, seconded by Trustee Polit, moved to waive the rule requiring two (2) readings of an ordinance: Upon roll call: Ayes: Hoefert, Matuszak, Polit, Rogers, Saccotelli, Zadel Nays: None Motion carried. Trustee Zadel, seconded by Trustee Rogers, moved for approvalof Ordinance No. 6255: AN ORDINANCE PROVIDING FOR THE ISSUANCE OF NOT TO EXCEED $9,400,000 GENERAL OBLIGATION REFUNDINGBONDS, SERIES 2016, FOR THE PURPOSE OF REFUNDING CERTAIN OUTSTANDING BONDS, PROVIDING FOR THE LEVY AND COLLECTION OF A DIRECT ANNUAL TAX SUFFICIENT TO PAYTHE PRINCIPAL OF ANDINTEREST ON SAID BONDS, AND AUTHORIZING THE PROPOSED SALE OF SAID BONDS TO THE PURCHASERTHEREOF. Upon roll call: Ayes: Hoefert, Matuszak, Polit, Rogers, Saccotelli, Zadel Nays: None Motion carried. VILLAGE MANAGER’S REPORT Status –no items to report. ANY OTHER BUSINESS Mayor Juracek reminded the public about weekend events in Mount Prospect Blues Mobile Car Show –Saturday night -commuter parking lot on NW Highway Farmers’ Market –Sunday -commuter parking lot on NW Highway. ADJOURNMENT There being no further business to discuss Mayor Juracekasked for a motion to adjourn. Trustee Hoefert, seconded by Trustee Polit,moved to adjourn the meeting. By unanimous vote the June21, 2016 Village Board meeting adjourned at 7:41p.m. M. Lisa Angell Village Clerk 4 page of 4 Village Board Meeting MinutesJune 21, 2016