HomeMy WebLinkAbout1b. COW Agenda 01/26/2016
COMMITTEE OF THE WHOLE
A G E N D A
Meeting Location:Meeting Date and Time:
Mount Prospect Village HallTuesday, January 26, 2016
7:00 p.m.
50 South Emerson Street
I.CALL TO ORDER -ROLL CALL
Mayor Arlene A. Juracek
Trustee Paul HoefertTrustee Richard Rogers
Trustee John MatuszakTrustee Colleen Saccotelli
Trustee Steven PolitTrustee Michael Zadel
II.APPROVALOF COMMITTEE OF THE WHOLE MINUTES FOR January 12, 2016
III.CITIZENS TO BE HEARD
IV.DISCUSSION OF FINANCIALINCENTIVES TO DRIVE ECONOMIC DEVELOPMENT
During the recent strategic planning sessions, several Village Board members expressed an
interest in reviewing Village policies related to offering business incentives to attract/retain
businesses. Historically the Village has utilized a variety of business incentives to further
economic development in the community. These incentives include Tax Increment Financing
Districts, Business Improvement Districts, sales tax sharing agreements, Cook County Class
6b assessments and others.
Staff will provide an overview of these and other incentives that are available to the Village and
review how neighboring communities utilize incentives. In addition, staff will detail local
incentive programs that have been created by other area communities to target certain
businesses.
V.DISCUSSION OF THE VILLAGE OF MOUNT PROSPECT STRATEGIC PLAN
IMPLEMENTATION AND LEADERS GUIDE
The Village Board approved theStrategic Planin April of 2014.Over the past three months
the Village Board and staff have collaborated on a Strategic Plan Implementation Guidethat
reinforces the Village Mission and Vision and establisheskey priorities andtargets for action to
support the Strategic Plan Goals. The six Goalsfor Vision Attainmentestablished in the
Strategic Planare Infrastructure, Development, Business, Commercial Business Districts,
Governance and Cultural Climate.
The enclosed Strategic Plan Implementation Guide draftedby facilitator Lyle Sumek and staff
provides an Executive Summary of the strategic planning process in the Village. It also goes
into greater detail on our Vision for the community and organization, looking forward to 2030.
The Executive Summaryalso communicates the Mission of our municipal corporation as well
as the organizations Core Values and Beliefs. These components will provide all of our team
member’s guidance in decision making, behavior, leadership and innovation. Each Goal was
discussed at length by the Board and Leadership Team. Key objectives and short term
challenges and opportunities accompany each Goal. The Executive Summary breaks down
key Policy and Management objectives by Goal. The Targets for Action were prioritized by the
Board into Top, High and Moderate Priority for both the Policy Agenda and Management
Agenda. The Executive summary also contains a comprehensive list of issues and initiatives
currently in progress (Management in Progress) as well as major projects already underway.
Staff recommends approval of the Comprehensive Plan Implementation Guide.
VI.MANAGER’S REPORT
As submitted
VIIANY OTHER BUSINESS
VIII.ADJOURNMENT
NOTE:ANY INDIVIDUAL WHO WOULD LIKE TO ATTEND THIS MEETING BUT BECAUSE OF A DISABILITY
NEEDS SOMEACCOMMODATION TO PARTICIPATE, SHOULD CONTACT THE VILLAGE
MANAGER'S OFFICE AT 50 SOUTH EMERSON, MOUNT PROSPECT, ILLINOIS 60056, 847/392-
6000, EXTENSION 5327