HomeMy WebLinkAbout11/29/1979 FC MinutesVILLAGE OF MOUNT PROSPECT
Finance Commission
Minutes of Meeting - November 27, 1979
Chairman Ronchetto called the meeting to order at 8:00 P.M.
Present: Chairman Ronchetto, Commissioners Bachhuber, Beier, Hallman,
Haase, Holloway, Linkman, Trustee Ed Miller, Village Manager
Terrance L. Burghard, Director of Management Services
Martha H. Peppler.
Absent: Commissioners Anda, Hiehle.
Minutes: Motion by Commissioner Hallman, seconded by Commissioner Holloway
to approve the minutes of October 11, 1979. Motion carried.
Village Manager Terrance L. Burghard introduced Director of Management
Services Martha H. Peppler.
Trustee Ed Miller as Chairman of the Finance Committee thanked the Finance
Commission for their assistance and interest in the issues of Lake Michigan
water acquisition, fiscal policy, and the establishment of long range goals
for the Village.
Mrs. Peppler reported that she had contacted the Department of Insurance
and GIE concerning the refunding of our liability insurance deposit. She
indicated that she would be meeting with them in Springfield after the first
of the year.
After discussion of Village fees it was moved that Mr. Haase and staff work
together to develop an informational comparative survey of all fees currently
charged by the Village.
Chairman Ronchetto outlined Commissioner Holloway's suggestion that a
written survey be sent to all Chicago Water contract users to solicit their
comments and experience in dealing with the City. The Commission was espec-
ially interested in cost determination, quality of service and contractual
relations. Mrs. Peppler presented an informal telephone survey conducted
by staff. It was agreed to expand the scope of the survey to include all
water users and to report the results of that survey at the next Commission
Meeting.
There was a brief discussion on the fiscal management information included
with the agenda. Mr. Ronchetto asked Mrs. Peppler to check into the "float"
as defined by Mt. Prospect State Bank and our compensating balance require-
ments.
Chairman Ronchetto adjourned the meeting at 10:30.