HomeMy WebLinkAbout04/27/1979 FC Committe Report0
Village of Mount Prospect
100 S. Emerson
Mount Prospect, Illinois 60056
COMMITTEE REPORT
TO: Mayor & Board of Trustees
FROM: Trustee Leo Floros, Chairman, Finance Committee
SUBJECT: Finance Committee Meeting 4-27-79
DATE: May 10, 1979
Present: Chairman Floros; Trustees Murauskis & Richardson
Also Present:Village Manager Burghard, Finance Director Jesse,
and Deputy Director Tanker.
Selection of Auditors:
The Committee heard presentations from representatives of Peat,
Marwick, Mitchell & Company, and Lester Witte & Company and voted
3-0 to recommend that Lester Witte & Company be selected as auditors
for the Village for the fiscal year ending April 30, 1978 for a
total cost not to exceed $14,000. (The Village Board approved the
selection of Lester Witte & Company at its May 1 meeting.)
Liquor License Requests:
Heinz Cafe, 15 W. Prospect Avenue: The new owners of the cafe
(Mario Figliola and Mari
o Campanaro) and their attorney (Vincent
Sansonetti) appeared before the Committee to request issuance of a
Class R license. Class R license permits serving of alcoholic
beverages only in conjunction with food service. Heinz Cafe, under
previous'ownership, had a Class W (beer and wine) license. Recently
passed Village ordinance requires new owners of a business to make
formal application for a liquor license. The Committee voted 3-0
to approve granting of a Class R license to the new owners of Heinz
Care.
Old Orchard County Club - L. Sabo,mmm— Man ,ager: Mr. Sabo requested a
Class L license to that permits establishments with entertainment
to serve liquor until 4 a.m. closing. Old Orchard currently has
entertainment 5 nights a week (Wednesday thru Sunday) and desires an
extension of its license to permit serving until the closing hour.
The Committee voted 2 (Floros and Murauskis) to 1 (Richardson) to
deny the request on the basis that other restaurants and/or bars
in the Village might follow suit to what the majority felt was
the detriment of the community.
Oly�m us Gyros, 412 West Northwest Highway: Owner John G. Kotsiopoulos
and his attorney John Haas appeared before the Committee to request
issuance of a Class W license to permit serving of beer and wine for
consumption on premises only with the serving of food. The restau-
rant has been in business since September, 1978 and, while business
has been reasonably good, owner believes he could expand his sales
substantially if he could serve beer and wine with food. The
Committee voted 3-0 to approve creation of a Class W license to be
issued to Olympus Gyros Restaurant.
Finance Committee Meeting 4-27-79
Page 2.
Restaurant _- 208 E. Rand Road: This location formerly housed the
3 Doves Restaurant and more
recently, Cowboys & Indians Restaurant.
The latter closed suddenly two months ago and owners Ted Dimiropoloulos
and Bill Pissiosi, who operated the 3 Doves Restaurant, are interested
in resuming a restaurant operation at,this location. Owners requested
a Class R license, which the Committee voted 3-0 to approve.
Commercial Revenue Bonds:
Ellen L. Barnes, President of Nathan, Barnes & Associates, appeared
to request that the Village of Mount Prospect consider the use
of Commercial Development Revenue Bond financing to support the
construction of a K Mart store at the Mt. Prospect Plaza. Ms. Barnes
represents the developer (E. N. Maisel & Associates). Cost of con-
struction for the proposed K Mart store is expected to be 2 million
dollars. Attached to this report is a copy of a memo from Ms. Barnes
to the Finance Committee outlining her proposal. The Committee took
no action and indicated that discussion with the petitioner would
be held at the next meeting of:the'rinance Committee. Further input
from administration was requested.
Leo Floros
Chairman
LF:msw
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