HomeMy WebLinkAbout02/02/2006 EDC minutes
MAYOR
Irvana K. Wilks
VILLAGE MANAGER
Michael E. Janonis
TRUSTEES
Timothy J. Corcoran
Paul Wm. Hoefert
A. John Kom
Richard M. Lohrstorfer
Michaele Skowron
Irvana K. Wilks
Michael A. Zadel
Village of Mount Prospect
Community Development Department
50 South Emerson Street Mount Prospect, Illinois 60056
VILLAGE CLERK
M. Lisa Angell
Phone: 847/818-5328
Fax: 847/818-5329
TDD: 847/392-6064
MINUTES
ECONOMIC DEVELOPMENT COMMISSION
1st Floor Community Center, Village Hall
Thursday, February 2, 2006
8:00 a.m.
The meeting of the Economic Development Commission (EDe) of the Village of Mount Prospect was held on
Thursday February 2, 2006 in the first floor Community Center of Village Hall, 50 South Emerson Street,
Mount Prospect, Illinois.
CALL TO ORDER
Chairman David Lindgren called the meeting to order at 8:00 a.ill. Commissioners Ken Fritz, Tom Zander and
Bruce Gillilan were present. Commissioner Ben Trapani was absent. Also present were Bill Cooney, Director
of Community Development, Ellen Divita, Deputy Director of Community Development and Jim Uszler,
Executive Director of the Chamber of Commerce.
APPROVAL OF MINUTES
The minutes of the December 15,2005 meeting were reviewed and approved unanimously.
OLD BUSINESS
Development Update
Mr. Cooney provided a general overview of developments throughout the Village. He stated that the Ramada
Hotel is currently under contract by an investment group that intends to convert it to a Holiday Inns and Suites.
Mr. Cooney also indicated that Bed, Bath and Beyond opened for business in January. He stated that Staff was
also reviewing a proposal by Panda Express to construct an outlot restaurant along the Route 83 frontage of
Randhurst. He also stated that Staff was working with several grocers that are interested in occupying the
former Dominick's storefront at the Mount Prospect Plaza. He stated that Garden Fresh Produce was the
leading candidate, but no contracts had been signed to date.
T.I.F. Amendment 3
Mr. Cooney stated that the Village Board would be holding a public hearing on Tuesday February 7,2006 to
discuss the proposed T .I.F. amendment. He stated part of that discussion would certainly revolve around the
redevelopment options for the small triangle area of downtown. Chairman Lindgren indicated that he had sent
a position statement to all the Commission members for review. The Commission discussed the draft position
statement and voted unanimously to have Chairman Lindgren read that statement at the February 7, 2006
public hearing.
CornEd Business Retention Program
Mr. Cooney stated that several businesses were scheduled for February 16,2006 visits. He stated that the visits
would expand outside the Kensington Business Center to other industrial properties throughout the Village.
He said that at this point there were nine visits scheduled and Staff would continue to attempt to schedule
additional interviews. All Commission members present indicated that they planned to participate in the
February 16, 2006 visits.
Economic Development Commission
February 2, 2006 Minutes
Page 2
2006 EDC GOALS
Chairman Lindgren stated that he had requested the Commission members formulate goals for the Commission
for 2006. There was general discussion among all commission members regarding possible goals for the
Commission. It was agreed that a primary goal should be to expand the business visitation program to include
commercial/retail establishments. There was consensus that this would be beneficial and that the visits should
target all types and sizes of retail business throughout the Village. The Commission agreed that the visits
should take place every-other-month, on the third Thursday of the month. Mr. Cooney stated that he would
attempt to schedule the first round of visits for March 16th from 8 am to lOam to better suit the schedules of
retailers.
Chairman Lindgren suggested that the EDC host a breakfast meeting that would allow the Commission to
present the findings ofthe previous business visits to the business community. There was general discussion
regarding the benefit of such a meeting, it was agreed that it would provide a great opportunity for the
Commission to open up dialogue with the business community. It was suggest that the meeting could include a
general update on development activity in town, an update of the business visitation program and possibly a
brief presentation by Cathy Maloney regarding her findings throughout the community. It was agreed that the
best time of year would be a fall meeting, possibly in September or October. Mr. Cooney indicated he would
look into the details of this and report back to the Commission at the next meeting.
NEW BUSINESS
There was no New Business.
CHAIRMAN'S REPORT
There was no Chairman's report.
ADJOURNMENT
The meeting was adjourned at 9: 15 a.m.
Respectfully submitted,
William J. Cooney, Jr., AICP
Director of Community Development
WJC:sld
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