HomeMy WebLinkAbout06/24/1997 COW agenda PLEASE NOTE EARL Y START TIME/!
COMMITTEE OF THE WHOLE
AGENDA
Meeting Location: Meeting Date and Time:
Mount Prospect Senior Center Tuesday, Jun,e 24, 1997
50 South Emerson Street 6:00 P.M.
I. CALL TO ORDER - ROLL CALL
II, ACCEPTANCE OF REVISED MINUTES OF MAY 27, 1997 AND
MINUTES OF JUNE 10, 1997
III. CITIZENS TO BE HEARD
IV. 1998-2002 CAPITAL IMPROVEMENTS PLAN
In prior years, the Village used a number of separate documents in its capital
projects planning. While each of these was useful in its own right, none offered an
overall picture of the Village's capital needs. With the introduction of the Capital
Improvements Plan (ClP), the Village will create a document which provides a
comprehensive view of its capital needs for the next five years (1998-2002).
The proposed 1998-2002 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 $51.8 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 $51.8 million of project requests included in
the proposed ClP, about $17.5 million (or 34%) is for the continuation of
established projects.
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 1999
through 2003.
Special attention should be given to the projects requested for 1998. 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 1998 project request
included in the final 1998-2002 CIP, the CIP should serve as a "pre-budget" for
capital items. The 1998 project requests included in the proposed CIP amount to
$7.8 million. Of this amount, $4.7 million (or 61%) is for the continuation of
established projects. Of the remaining amount for "new" projects, $2.6 million would
be for the second year of the ten-year, pay-as-you-9o street improvement program.
The proposed 1998-2002 ClP was initially distributed on June 3, 1997 to the Villa9e
Board and the Finance Commission. Since that time, the Finance Commission held
meetings on June 5 and 19 to review the proposed document. Copies of the draft
minutes from the Commission's meetings will be provided separately. At Tuesday
evening's meeting, each of the Village departments will present an overview of its
project requests to the Committee of the Whole, If the Committee completes its
review of the proposed 1998-2002 CIP on Tuesday, it will be presented to the
Village Board for acceptance on July 1, 1997,
V. MANAGER'S REPORT
VI. ANY OTHER BUSINESS
VII, ADJOURNMENT
DEFERREDITEMS
Signs in Rights-of-Way
Density/Residential Redevelopment
Downtown Redevelopment Options
Busse Road Widening
Annexation Opportunities
Parliamentary Procedures