HomeMy WebLinkAbout06/23/1998 COW agenda COMMITTEE OF THE WHOLE
AGENDA
Meeting Location: Meeting Date and Time:
Mount Prospect Senior Center Tuesday, June 23, 1998
50 South Emerson Street 7:30 p.m.
I. CALL TO ORDER - ROLL CALL
Mayor Gerald L. Farley
Trustee George Clowes Trustee Richard Lohrstorfer
Trustee Timothy Corcoran Trustee Daniel Nocchi
Trustee Paul Hoefert Trustee Irvana Wilks
II. ACCEPTANCE OF MINUTES OF JUNE 9, 1998
III. CITIZENS TO BE HEARD
IV. 1999-2003 CAPITAL IMPROVEMENTS PLAN
In 1997, the Village Board formally adopted its first comprehensive 5-year Capital Improvement Plan
(CIP). In previous years, the Village used a number of separate documents in its capital projects
planning. While each of these documents was useful in its own right, none offered an overall picture
of the Village=s capital needs. The establishment of a 5-year Capital Improvement Plan (CIP) provides
a comprehensive view of the Village=s capital needs for consecutive rolling five-year windows.
The proposed 1999-2003 CIP is generally comprised of projects which involve the purchase or
construction of long-lived, tangible assets at a cost of $25,000 or more. Although the CIP includes two
alternative project requests related to the Village Hall (one for the renovation of the existing facility and
another for the construction of a new structure), the total cost of all requests for all years included in
the plan is approximately $52.9 million.
Many of the requests in the plan are simply continuations of established projects. Others are projects
not currently in progress but have been discussed by the Village Board on previous occasions. Some
requests are being presented for the first time through the CIP. Given that the CIP is intended to afford
a comprehensive view of the Village=s capital needs, it is fitting that all of these project requests be
included in the proposed plan. Of the $52.9 million of project requests included in the proposed CIP,
about $35.2 million (or 67%) is for the continuation of established projects including approximately $6
million for downtown redevelopment.
A project=s inclusion in the CIP does not guarantee its funding and accomplishment. The CIP is a
planning document. As such, it is subject to change. The CIP will be reviewed and updated on an
annual basis. The next CIP will cover the years 2000 through 2004.
NOTE: ANY INDIVIDUAL WHO WOULD LIKE TO ATTEND THIS MEETING BUT BECAUSE OF A
DISABILITY NEEDS SOME ACCOMMODATION TO PARTICIPATE, SHOULD CONTACT THE
VILLAGE MANAGER'S OFFICE A T lO0 SOUTH EMERSON, MOUNT PROSPECT, ILLINOIS 60056,
847/392-6000, EXTENSION 5327, TDD #847/392-6064.
Special attention should be given to the projects requested for 1999. Those are the projects which
would potentially be included in the Village=s next annual operating budget. Although the Village
Board may decide not to fund a 1999 project request included in the final 1999-2003 CIP, the CIP
should serve as a ^pre-budget for capital items. The 1999 project requests included in the proposed
CIP amount to $10.4 million. Of this amount, $7.6 million (or 73%)is for the continuation of established
projects including $2.8 million for the accelerated Street Program.
The proposed 1999-2003 CIP was initially distributed on May 29, 1998 to the Village Board and the
Finance Commission. The Finance Commission held meetings on June 4 and June 18 to review the
proposed document. Copies of the draft minutes from the Commission=s meeting will be provided
separately. At Tuesday evening=s meeting, the Police, Fire and Community Development Departments
will present an overview of their project requests to the Committee of the Whole. Once the Committee
completes its review of the proposed 1999-2003 CIP, it will be presented to the Village Board for formal
acceptance on July 7, 1998.
V. ANY OTHER BUSINESS
VI. MANAGER=S REPORT
VII. ADJOURNMENT
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