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HomeMy WebLinkAbout0942_001Next Ordinance No. 4993 Next Resolution No. 6-99 ORDER OF BUSINESS REGULAR MEETING Meeting Location: Mount Prospect Senior Center 50 South Emerson Street Mount Prospect, Illinois 60056 1. CALL TO ORDER Meeting Date and Time: Tuesday February 2, 1999 7:30 P.M. ROLL CALL Mayor Gerald "Skip" Farley Trustee George Clower Trustee Richard Lohrstorfer Trustee Timothy Corcoran Trustee Daniel Nocchi Trustee Paul Hoefert Trustee Irvana Wilks III, PLEDGE OF ALLEGIANCE IV. INVOCATION: Trustee Wilks V. APPROVE MINUTES OF REGULARWEETING OF JANUARY 19, 1999 V1. APPROV" BILLS Vil'O MAYOR'S REPORT A. Appointments VIII. COMMUNICATIONS AND PETITIONS a CITIZENS TO BE HEARD ANY INDIVIDUAL WITH A DISABILITY WHO WOULD LIKE TO ATTEND THIS MEETING SHOULD CONTACT THE VILLAGE MANAGER'S OFFICE AT 100 SOUTH EMERSON STREET, 8471392-6000j, TDD 8471392-6064. IX. OLD BUSINESS A. 2nd reading of AN ORDINANCE AMENDING ORDINANCE NO. 4857 GRANTING CERTAIN VARIATIONS FOR PROPERTY GENERALLY LOCATED AT 280-290 WESTGATE ROAD IN THE VILLAGE OF MOUNT PROSPECT This ordinance allows the release of escrow funds in lieu of entering into a covenant for future streetlight expenses. (Exhibit A) X NEW BUSINESS A. 1st reading of AN ORDINANCE AMENDING CHAPTER 13 OF THE VILLAGE CODE This ordinance amends Chapter 13 (Liquor) of the Village Code by creating a Class 7" license, to allow home delivery of retail alcoholic beverages. (Exhibit B) B. 1st reading of AN ORDINANCE PROVIDING FOR THE PURCHASE OR CONDEMNATION OF LAND FOR REDEVELOPMENT PURPOSES IN THE VILLAGE OF MOUNT PROSPECT, 18 WEST BUSSE AVENUE (YE OLDE TOWN INN) This ordinance provides for the purchase of a portion of the property at 18 West Busse Avenue for future municipal purposes. (Exhibit C) C. Request for authority to proceed with the issuance of $5,550,000 of taxable general obligation bonds to finance property acquisition within the downtown TIF district X110 VILLAGE MANAGER'S REPORT A. Status Report XII. ANY OTHER BUSINESS X111. CLOSED SESSION Land Acquisition: 5 ILLS 120/2 (c) (5) — "The purchase or lease of real property for the use of the public body, including meetings held for the purpose of discussing whether a particular parcel should be acquired." XIV. ADJOURNMENT MINUTES OF THE REGULAR MEETING OF THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT JANUARY 19, 1999 CALL CALL TO ORDER TO ORDER Mayor Gerald L. Farley called the meeting to order at 7:39 p.m. ROLL CALL ROLL CALL Present upon roll call: Trustee George Clowes. PLEDGE OF ALLEGIANCE INVOCATION MINUTES BILLS Trustee Timothy Corcoran Trustee Paul Hoefert Trustee Richard Lohrstorfer Trustee Daniel Nocchi Trustee Irvana Wilks Mayor Gerald Farley PLEDGE OF ALLEGIANCE The Pledge of Allegiance was led by Trustee Clowes. INVOCATION The invocation was given by Trustee Nocchi. APPROVAL OF MINUTES Trustee Nocchi, seconded by Trustee Clowes, moved to approve the minutes of the regular meeting of January 5, 1999. Upon roll call: Ayes: Clowes, Lohrstorfer, Wilks, Corcoran, Nocchi, Hoefert Nays: None Motion carried. APPROVAL OF BILLS Trustee Hoefert, seconded by Trustee Lohrstorfer, moved to approve the following list of bills, General Fund $ 996,033 Refuse Disposal Fund 117o603 Motor Fuel Tax Fund 181o888 Community Development Block Grant Fund 1o327 Local Law Enforcement Block Grant Fd 1997 Asset Seizure Fund Debt Service Fund 1998A Street Improvement Const. Fund 5,130 Capital Improvement Fund 13,883 Police & Fire Building ,Construction W Capital Improvement Construction Fund 12,015 Downtown Redevelopment Const. Fund 50,488 Street Improvement Construction Fund 1998A Flood Control Construction Fund Flood Control Construction Fund 130245 Water & Sewer Fund 280,727 Parking System Revenue Fund 3,415 Risk Management Fund 125,919 Vehicle Replacement Fund 665 Vehicle Maintenance Fund 55,441 Computer Replacement Fund Flexcomp Trust Fund 7,907 Escrow Deposit Fund 91,496 Police Pension Fund Fire Pension Fund Benefit Trust Funds $1,958,953 Upon roll call: Ayes: Wilks, Lohrstorfer, Clowes, Hoefert, Corcoran, Nocchi Nays: None 0 W We. 's 6 0 0 [11L ZBA 20-98 VETERANS MEMORIAL BAND SHELL 411 S. MAPLE 0 Trustee Hoerlart, seconded by Trustee Corcoran, moved for approval of Ordinance No. 4988: AN ORDINANCE AMENDING CHAPTER 18 OF THE VILLAGE CODE Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Nocchl, Lohrstorfer, Wilks Nays: None Motion carried. ZBA 20-98, Veterans Memorial Band Shell, 411 S. Maple Street An ordinance was presented for first reading, which would grant a Conditional Use to allow the construction of a Veterans Memorial Band Shell within Lions Park at 411 S. Maple Street. Trustee Hoefert, seconded by Trustee Corcoran, moved to waive the rule requiring two readings of an ordinance. Upon roll call: Ayes,-, Clowes, Corcoran, Hoefert, Nocchi, Lohrstorfer, Wilks Nays: None Motion carried. Trustee Wilks stated that she had received a request from a resident living in the vicinity of Lions Park, to form a group to monitor noise from the Veterans Memorial Band Shell. Walter Cook, Executive Director of the Mount Prospect Park District, indicated that he would, after the 1999 season, make efforts to organize a group, although he does not anticipate any problems with the noise this year. uary 19 Page 2 Jan 1999. Motion carried,,, FINANCIAL REPORT FINANCIAL Trustee Hoefert, seconded by Trustee Corcoran, moved for approval of REPORT of the financial report for January 1 -December 31, 1998. MAYOR'S REPORT Chuck Bruning, Chief Financial Officer and Comptroller of Mount Prospect National Bank, presented Mayor Farley with a donation of $1500.00 to be used for the Mount Prospect Blood Program, and encouraged all residents to assist by giving blood. APPTS, No commission appointments were made. CITIZENS TO BE HEARD CITIZENS None. AMEND CH OLD BUSINESS 18: YIELD An ordinance was presented for first reading, which would allow for the SIGNS, BUSSE installation of Yield signs on Busse Avenue at George Street. The & GEORGE Safety Commission had recommended approval by a vote of 8-0. Trustee Corcoran, seconded by Trustee Hoefert, moved to waive the rule requiring two readings of an ordinance. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Nocchi, Lohrstorfer, Wilks Nays: None KAnfinn carried11 0 W We. 's 6 0 0 [11L ZBA 20-98 VETERANS MEMORIAL BAND SHELL 411 S. MAPLE 0 Trustee Hoerlart, seconded by Trustee Corcoran, moved for approval of Ordinance No. 4988: AN ORDINANCE AMENDING CHAPTER 18 OF THE VILLAGE CODE Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Nocchl, Lohrstorfer, Wilks Nays: None Motion carried. ZBA 20-98, Veterans Memorial Band Shell, 411 S. Maple Street An ordinance was presented for first reading, which would grant a Conditional Use to allow the construction of a Veterans Memorial Band Shell within Lions Park at 411 S. Maple Street. Trustee Hoefert, seconded by Trustee Corcoran, moved to waive the rule requiring two readings of an ordinance. Upon roll call: Ayes,-, Clowes, Corcoran, Hoefert, Nocchi, Lohrstorfer, Wilks Nays: None Motion carried. Trustee Wilks stated that she had received a request from a resident living in the vicinity of Lions Park, to form a group to monitor noise from the Veterans Memorial Band Shell. Walter Cook, Executive Director of the Mount Prospect Park District, indicated that he would, after the 1999 season, make efforts to organize a group, although he does not anticipate any problems with the noise this year. uary 19 Page 2 Jan 1999. ORD. Trustee Hoefert, seconded by Trustee Corcoran, moved for approval of NO. 4989 Ordinance No. 4989: AN ORDINANCE GRANTING A CONDITIONAL USE FOR PROPERTY COMMQNLY KNOWN AS 411 S. MAPLE STREET Upon roll call,, Ayes: Clowes, Corcoran, Ho'efert, Nocchi, Lohrstorfer, Wilks Nays: None Motion carried. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, ZBA 22-98, Luv My Pet, 1026 S. Elmhurst Road ZBA 22-98 An ordinance was presented for first reading, which would grant a LUV MY PET Conditional Use to allow the operation of an 'itinerant veterinary clinic 1026S. (Luv My Pet) in the PetCo retail facility at Golf Plaza 11, 1026 S. ELMHURST Elmhurst Road. RD. An ordinance was presented for first reading, which would amend TRAILERS Trustee Corcoran, seconded by Trustee Lohrstorfer, moved to waive DEFINED the rule requiring two readings of an ordinance. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchl, Wilks Nays: None Motion carried. ORD. Trustee Corcoran, seconded by Trustee Lohrstorfer, moved for NO. 4990 approval of Ordinance No. 4990: ORD. AN ORDINANCE GRANTING A CONDITIONAL USE FOR NO. 4991 PROPERTY COMMONLY KNOWN AS 1026 S. ELMHURST ROAD Upon roll call: Ayes: Clowes, Corcoran, Hoefert, ACQUIRE An ordinance was presented for second reading, which would allow the PROPERTY', Village to purchase vacant property at 115 S. Pine Street for future 115 So, PINE municipal purposes, among which would be commercial parking for retail establishments in the, immediate area. Page 3 — JanuaryM:19, 1999 1 Lohrstorfer, Nocchl, Wilks Nays: None Motion carried. - ZBA 24-98, Text Amendment Defining Vehicle Trailer and Recreational AMEND Vehicle Trailer CH. 14: An ordinance was presented for first reading, which would amend TRAILERS Sections 14.2209 and 14.2401 of the Village Code by defining vehicle DEFINED trailer and recreational vehicle trailer. Trustee Hoefert, seconded by Trustee Lohrstorfer, moved to waive the rule requiring two readings of an ordinance. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchl, Wilks Nays: None Motion carried. ORD. Trustee Hoefert, seconded by Trustee Nocchl, moved for approval of NO. 4991 Ordinance No. 4991: AN ORDINANCE AMENDING CHAPTER 14 OF THE VILLAGE CODE Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried, ACQUIRE An ordinance was presented for second reading, which would allow the PROPERTY', Village to purchase vacant property at 115 S. Pine Street for future 115 So, PINE municipal purposes, among which would be commercial parking for retail establishments in the, immediate area. Page 3 — JanuaryM:19, 1999 1 There was discussion among the Board and Michael Janonis, Village Manager, regarding the monitoring of parking spaces if no commuter parking is allowed. Trustee Nocchl asked William Cooney, Director of Community Development to meet with residents of Pine Street to discuss and clarify the Board's plans for this property. Two residents of the area again requested the Village Board to consider the possible negative impact that commuter parking could create in the neighborhood, and vote against such. Specific concerns were noise and/or fumes from the vehicles, traffic safety, water run- offs, and mosquitoes,, Following a lengthy discussion, Trustee Corcoran, seconded by Trustee Nocchi, moved to concur with the Zoning Board of Appeals to deny the proposed text amendment to the Village Code. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. An ordinance was presented for first reading, to amend Ordinance No. 4857, allowing the Village to release $26,400 held in escrow, to Page 4 — Janu6ry 19, 1990 After addressing each of these issues, the Board agreed that the ordinance should be considered with tho stipulation that the property is not to be used for commuter parking. OR DTrustye . Hoief er, t, seconded,, by Trustee Wilks, moved for the approval of NO, -4992 Ordinance No., 499,, as amended to exclude commuter parking: AN ORDINANCE APPROVING AND AUTHORIZING THE EXECUTION OF A, REAL, ESTATE PURCHASE11 CONTRACT FOR PROPERTY AT 115 SOUTH PINE STREET Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchl, Wilks Nays: None Motion carried. ZBA 09-98 ZBA 09-98, CareMatrixtWalgreens, Southeast comer of Wolf and CARE- Kensington Roads MATRIX/ The petitioner had requested deferral of this case. WALGREENS Trustee WiIK.,,, seconded by Tru-JAee Corcoran, moved for deferral of ZBA Case No. 09-98, to theFebrua. <>99 Village Board meeting. I Upon roll call: Ayes: Clowes, Corcoran, "I 'oefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried, ZBA 24-98 ZBA 24-98, Text Amendment to Add Self -Storage Facilities to B-3 SELF- Zoning District STORAGE A text amendment to Chapter 14 of the Village Code -was', presented. FACILITIES This amendment to 14.703 would add self -storage facilities as a Conditional Use in the B-3 zoning district. The Zoning Board of Appeals had voted 4-3 recommending denial of the amendment. William Cooney, Director of Community Development explained the Zoning Board's position, indicating that the property the Petitioner wishes to use is zoned B-3, that B-3 property is prime commercial real estate and should be reserved for such. Following a lengthy discussion, Trustee Corcoran, seconded by Trustee Nocchi, moved to concur with the Zoning Board of Appeals to deny the proposed text amendment to the Village Code. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. An ordinance was presented for first reading, to amend Ordinance No. 4857, allowing the Village to release $26,400 held in escrow, to Page 4 — Janu6ry 19, 1990 li Westgate Condominium Association for parking lot improvements. Mr. Janonis provided a brief history, explaining that when Westgate Apartments converted to condominiums previously, the lack of parking spaces and streetlights, were major concerns. The Village Board required Mr. Ralph, previous owner of the property, to establish the escrow funds in lieu of installing streetlights, around the property, with the funds being utilized by the Association for streetlights if, in the future, the Village determined that streetlights, were necessary. The parking lot improvements have exceeded the Association's estimated amount, creating the need for the $26,400 at this time. The Association, represented by Mr. Jim Murphy, asked the Village to release the escrow funds while allowing them to substitute a covenant to make the appropriate contribution at some future date if the Village should decide to Install streetlights. Mr. Janonis suggested conducting the second reading on February 2 to allow ample time for Mr. Katz to review and approve the release of the escrow funds at this time, This ordinance will be presented for second reading at the February 2 meeting of the Village Board. CABLE TV A resolution was presented to approve a new franchise agreement SERVICES: between the Village of Mount Prospect and Ameritech New Media, Inc. AMERITECH, for cable television services within the Village. TCI Trustee Wilks, seconded by Trustee Corcoran, moved for approval of Resolution No. 2-99. Mayor Farley presented several concerns to Mr. Jim Szczepanlak, representing Ameritech, specifically, the length of time in which Ameritech is allowed to complete construction, beginning on the date the contract is signed, and secondly, the length of time allowed for Ameritech to correct any violations that it might be notified of. The proposed agreement sets forth 42 months as the construction and activation period, and allows a 45 day period for correcting violations. Ms. Sandy Weicher, representing TCI also addressed questions from the Mayor, after which it was determined that both parties could agree to a 30 month construction period, and a 30 day period to correct violations. Other questions regarding parental control devices were addressed to the Board's satisfaction. Assistant Village Manager David Strahl asked that any amendments to the proposed resolution be approved by TCI, as both companies' contracts are required to meet the same criteria. Trustee Wilks, seconded by Trustee Corcoran, moved to amend the proposed agreement between Ameritech Media and the Village to reflect a 30 month construction and activation period, and a 30 day period In which to correct any violations: Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. Trustee Wilks, seconded by Trustee Corcoran, moved for approval of NO. 2-99 RES. Resolution No. 2-99: Page 5 January 19, 1999 A RESOLUTION APPROVING A FRANCHISE AGREEMENT BETWEEN AMERITECH NEW MEDIA, INC. AND THE VILLAGE OF MOUNT PROSPECT FOR THE INSTALLATION AND OPERATION OF A CABLE TELEVISION SYSTEM WITHIN THE VILLAGE OF MOUNT PROSPECT Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. A resolution was presented to authorize execution of an agreement with Telenols, Inc. (TCI) for cable services within the Village. RES. Trustee Hoefert, seconded by Trustee Wilks, moved to approve NO. 3-99 Resolution No. 3-99: A RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT WITH TELENOIS, INC. (TCI OF ILLINOIS, INC.) TO PROVIDE CABLE TELEVISION SERVICES IN THE VILLAGE OF MOUNT PROSPECT Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer,, Nocchi, Wilks Nays: None Motion carried. REMOVE The next item listed on the agenda, a resolution extending the AGENDA franchise agreement between TCI and the Village, for six months, was ITEM: TCI no longer required since the Board had agreed to enter into new agreements with TCI and Ameritech. Trustee Corcoran, seconded by Trustee Lohrstorfer, moved to remove the following Item from the Janupry 19, 1999 agenda: A RESOLUTION EXTENDING THE TELENOIS, INC. CABLE COMMUNICATIONS FRANCHISE FOR SIX MONTHS ENDING AUGUST 1, 1999 Upon roll call: Ayes: Clowes, Corcoran, Hoefert Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. EXTEND AG RMT. A resolution was presented to extend the agreement date with Town DATE: TOWN Centre, L.L.C. to February 19, 1999, for the downtown redevelopment CENTRE project. RES. Trustee Hoefert, seconded by Trustee Lohrstorfer, moved for approval NO. 4-99 of Resolution No. A RESOLUTION AMENDING RESOLUTION NO. 53-98 RELATIVE TO NEGOTIATING WITH TOWN CENTRE, L.L.C. FOR THE DOWNTOWN REDEVELOPMENT PROJECT Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. TRANSFER A resolution was presented to authorize the transfer of the Village's OF VOLUME volume cap funds to the city of Rockford, Illinois in the amount of CAF' FUNDS, $2,702,000, in support of the sale of tax exempt bonds to acquire and develop a rental town home community in Rockford. Page 6 -- January 19, 1999 19 RES. Trustee Hoefert, seconded by Trustee Clowes, moved for passage of NO. 5-99 Resolution No. 5-99: MANAGER'S REPORT BID RESULTS: SNOWPLOW CADASTR)►� DATA SOFTWARE PROGRAM THE SIDWELL COMPANY CHANGE ORDER: STREET- SCAPE PROGRAM A RESOLUTION AUTHORIZING THE REALLOCATION OF THE VILLAGE'S 1999 PRIVATE ACTIVITY BOND VOLUME CAP TO THE CITY OF ROCKFORD, ILLINOIS Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchl, Wilks Nays: None Motion carried. VILLAGE MANAGER'S REPORT Mr. Janonis presented the following bid results for one multi-sebtion snowplow to replace one which no longer meets the needs of the Village: BIDDE ALIT. R. H. Lyons Equipment $11,989.00 Hell -Chicago, Inc. 12,185.00 Spring -Align Company 12,222.00 Trustee Nocchi, seconded by Trustee Hoefert, moved to concur with the recommendation of staff to accept the lowest bid from R. H. Lyons Equipment in an amount not to exceed $11,989.00 for a multi -section snowplow. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchl, Wilks Nays: None Motion carried. Sean Dorseyt Deputy Director of Public Works presented the following proposals for a Cadastral Data Verification and Creation software program contract: AMQUNT The Sidwell Company $71,570.00 GeoAnalytics 759000.00 Trustee Corcoran, seconded by Trustee Wilks, moved to concur with the recommendation of staff to award a contract to the Sidwell Company for a Cadastral Data Verification and Creation software -- program. Upon roll callo, Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. Mr. Janonis presented a Change Order No. I for the construction of Stage I of the Downtown Streetscape Program, to cover an increase in the contract amount with Martarn Construction. The original contract amount approved by the Village Board was $556,566.60: the final contract amount is $587,324.08, which is a $30,757.48 increase. Trustee Corcoran, seconded by Trustee Lohrstorfer, moved for approval of Change Order No. 1 for the Downtown Streetscape Program. Upon roll call.: Ayes: Clowes, Corcoran, Wilks, Lohrstorfer, Nocchi, Hoefert Nap: None Page 7—January 19, 1999 Motion carried. The meeting was adjourned at 10:03 p.m. LVIIIEMMIN Page 8!- January 19,1999 1AW"MMSki -W-RO d*C Motion carried. OTHER ANY OTHER BUSINESS Trustee Clowes, referred to a recent article in the Chicago Tribune BUSINESS Newspaper, encouraged the Village Manager to continue the conducting of disaster drill training for staff. He also expressed his concerns with the Village's internet page and mentioned specific areas in which it either has incorrect information or is lacking in information. He was complimentary of Trustee Wilks' web page. Trustee Wilks stated that she had recently received calls from esl residents who were concerned that the Village does not require residents to clear their sidewalks of snow, This led to a brief discussion in which Mr. Janonis expressed his reservations, as it could create a hardship for senior citizens and those physically unable to remove the snow. Trustee Hoefert asked for an update on the status of the proposed Prospect Heights arena, and asked the Board to revisit Prospect Heights authorities, with regards to any Impact that it might have on Mount Prospect's traffic. Mr. Janonis responded that he would make contact with them in the very near future, CLOSED CLOSED SESSION SESSION Mayor Farley stated that there was no need for a Closed Session as the Board had held a Special Closed Session earlier in the evening. ADJOURN ADJOURNMENT Trustee Hoefert, seconded by Trustee Wilks, moved to adjourn the meeting. Upon roll call: Ayes: Lohratorfer, Wilks, Clowes, Hoefert, Corcoran, Nocchi Nays: None Motion carried. The meeting was adjourned at 10:03 p.m. LVIIIEMMIN Page 8!- January 19,1999 1AW"MMSki -W-RO d*C VILLAGE OF MOUNT PROSPECT CASH POSITION January 28, 1999 Cash & lnvstmt Receipts ........... ............ . . . . . .. .. .. . . . . . ..................... . . . . Disbursements Other Cash & lnvstmt Balance 01/15/99- Per Attached Credits/ Balance 01/15/99 01/28/99 List of Bills . . . . . . . ........ . . . . ....................... ........... . . . . . .. . ............. . . . . . . . . Debits 01128199 General Fund $6,376,440 793,444 727,423 6,442,461 gygn Aig, Ewnd'g Refuse Disposal Fund 1,046,472 211034 134,501 933,005 Motor Fuel Tax Fund 786,801 104#353 89,171 801,983 Community Development Blk Grant Fund 35,770 2,266 33t504 Local Law Enfrcrnt Blk Grant Fd 1997 1,907 351 1,556 Local Law Enfrcmt Blk Grant Fd 1996 677 677 Asset Seizure Fund 665 665 Debt Service Funds 11948,810 500 1,948,310 1998A Street Improvement Const Fund 474,346 52,459 421,887 Capital Improvement Fund 1,716,351 19,796 1,696,555 Police & Fire Building Construction Fund 50,230 50,230 Capital Improvement Construction Fund 42,594 4,550 38,044 Downtown Redevelopment Const Fund 483,018 22,934 460,084 Street Improvement Construction Fund 2t581,454 18,564 21600,018 1998A Flood Control Construction Fund 4,402 4,402 Flood Control Construction Fund 755,249 424 754,825 Ent grpri� g Funds Water & Sewer Fund 2,434,440 152,794 45,808 21541,426 Parking System Revenue Fund 708,157 7,169 65,700 649,626 Vehicle Maintenance Fund 91,587 105 30,995 60,697 Vehicle Replacement Fund 39397,721 48,334 3,349,387 Computer Replacement Fund 186,031 9,723 176,308 Risk Management Fund 218861569 26,584 170,958 21742,195 Trust & Aciency Funds Police Pension Fund 28t 108,775 30,236 1070328 28,031,683 Fire Pension Fund 300076,561 30,105 110,220 29,996,446 Flexcomp Trust Fund 16,322 15,264 2,191 29,395 Escrow Deposit Fund 1,211,017 29,114 56,893 11183,238 Benefit Trust Funds 137,242 .......... 2,760 1340482 $85,5597608 1,228,766 1,705,285 0 86,0839089 List of Bills Presented to the Board of Trustees JANUARY 28, 1999 PAGE: ........... ------ wm-ffi� 1063 -LN W � M M �M ALLIANCE FIRE PROTECTION COCA COLA BOTTLING CO. COOK COUNTY COLLECTOR STANLEY CZAJA DISBURSEMENT ACCOUNT DRAZNIN FIRST COMMONWEALTH FIRST NATIONAL BANK OF CHICAG# ILLINOIS LIQUID ENERGIES, INC' IMRF VOLUNTARY LIFE THE INKWELL KEEFER'S PHARMACY KEVIN MCDONAUGH MOUNT PROSPECT HISTORICAL SOC MOUNT PROSPECT PUBLIC LIBRARY JACK MUCIA MULTIGRAPHICS, INC NICHOLAS AND ASSOCIATES BILL O'CONNELL BIG BAND PENSION DISBURSEMENTS PETTY CASH - POLICE DEPT., low a of Z I Q IP 1t List of Bift Presented to the Board of Trustees JANUARY 28, 1999 PAGE: 2 VENDOR DESCRIPTION AMOUNT SECURITY LINK/AMERITECH STATE OF ILLINOIS MR. JUD STRICKLAND THIRD DISTRICT CIRCUIT COT -PRT UNITED STATES POSTAL SERVICI V.I.P. AWARDS & ENGRAVING VILLAGE OF MOUNT PROSPECT GERALD L. FARLEY ILLINOIS MUNICIPAL LEAGUE PETTY CASH - FINANCE DEPT. Lei �11 I THE DRAWING BOARD GOVERNING HOLY FAMILY MEDICAL CENTER MICHAEL E. JANONIS KLEIN, THORPE AND JENKINS,LTDI PEDERSEN & HOUPT PETTY CASH - FINANCE DEPT. OVERPAYMENT OF ALARM LICENSE 30.00 LIQUOR APPL RECORD CHECK 5@ 38 190.00 REFUND - CELESTIAL DINNER TICKET 3 0.00 JAN3 BOND MONEY 5r52 5.00 JAN4 BOND MONEY 2f805.00 JAN5 BOND MONEY 21950.00 11,280.00 POSTAGE BT PHONE ACCOUNT 069832947 31000.00, PLAQUES 382.03 BOND DEPOSIT DISE 11600.00 BOND DEPOSIT DISE 100.00 BOND DEPOSIT DISE 50.00 1,750.00 INCOME TAX FOR DECEMBER 1998 292-48 TOTAL: 959,077.78 REIMBURSE 1998 MISC EXPENSES 100.90 MEMBERSHIP DUES 11999.00 MISCELLANEOUS EXPENSES 32.25 PETTY CASH -FINANCE is.0s PETTY CASH -FINANCE 41-16 88-46 8 TICKETS FOR TRUSTEES SPOUSES 200.00 1999 MEMBERSHIP - INV. 19274 21912.00 TOTAL -, 51300-36 MAILING LABELS 172.46 GOVERNING POSTAGE & HANDLING 15.00 PRE-EMPLOYMENT - CORRY NANCY 91.00 PRE-EMPLOYMENT PHYSICALS 90.00 181.6-0- LUNCH MEETING 113.42 MISC.LEGAL) SERVICES 14,246.95 MISC.LEGAL SERVICES 21972.50 17,219.45 LEGAL FEES 281.71 MISCELLANEOUS EXPENSES 34-13 MISCELLANEOUS EXPENSES 62.37 PETTY CASH -FINANCE 6.60 List of Bills Presented to the Board of Trustees JANUARY 28 f 1999 PAGE: 3 VENDOR DESCRIPTION AMOUNT VILLAGE MANAGER'S OFFICE REACT COMPUTER SERVICES, INC ROTARY LUNCH CLUB OF PETTYMT. PROSPECT EMPL-SERVICE LTD. .SH - FINANCE DEPT. TREETOP PROMOTIONS, VIDEO IMAGES, VILLAGE CLERK'S OFFICE •: AMBASSADOR r INTERNATIONAL INSTITUTE OF NATIONWIDE PAPERS ON TIME MESSENGER SERVICE P. F. PETTIBONE & CO. STERLING CODIFIERS, INC. FINANCE DEPARTMENT A_BM INC. AEK COMPUTERS AMBASSADOR OFFICE EQUIP., INC. ARMOR SYSTEMS CORPORATION BT OFFICE -err PETTY CASH -FINANCE 8.71 PETTY CASH -FINANCE 4 . 5 0 116.31 NETGEAR. 4 PORT HUB 399.00 QUARTERLY DUES - JANON I S 121.0 0 QUARTERLY DUES - JANONI S 7 3. 0 0 194.00 PRINTER. CABLE/SURGE PROTECTOR 40.03 :, 1 732.31 PETTYTEMPORARY SERVICE -D THOMSON 548.63 , . 16.G., VOLUNTEERGIFT CERTIFICATES FOR 178.75 REPAIR CONTROLLER UNIT 1 , TOTAL: 11119.47 .XEROX 7024 CARTRILIGE 80.33 STAPLE CARTRIDGE 130.33 ANNUAL MEMBERSHIP FEE 150.00 WINDSOR. OFFSET SMOOTH 21417.53 POSTAGE AND DELIVERY 25-50 POSTAGE AND DELIVERY 28.00 53.50 RED MINUTE BOOK/UNPAGED FILLER. SHE 137.10 SUPPLEMENT 51 G17.00 XEROX7024 CARTRIDGE AEK 9 ; CHARGES SUPPLIESSTAPLE CARTRIDGE PRINTER CARTRIDGES COLLECTION SERVICES OFFICE SUPPLIESOFFICE w 0 • 80.33 84.50 125.00 155.33 290.33 25.55 32.57 49.20 List of Bills Presented * Board JANUARY R 81999 PAGE: , VENDOR DESCRIPTION 'AMOUNT DAILY RA► METRO/KDR, INC INEOPOST PETTY CASH - FINANCE CAROLSYSTEMS FORMS INC. WILLIAM RAINEY HARPER COLLEG) ABM MICHEAL BLUE BOCA INTERNATIONAL INTERNET r O MCI WIRELESS MCIWORLDCOM MOUNT NATIONAL• URBAN PETTY CASH rDEPT. REI REAL ESTATE INDEX, INC. STANDARD REGISTER THOMPSON ELEVATORINSPECTION DANIEL UNGERLEIDER UNIVERSITY OF O VIKING OFFICE PRODUCTS XEROXTOTAL: 21734.41 7024 CARTRIDGE 130.75 OFFICE SUPPLIES 91.18 EP2 FUSER. ASSEMBLY 189.00 IBM SYSTEM MAINTENANCE 571.00 KLEIN,THORPE JENKINS CTL 320277 19.60 INK CARTRIDGE 40.00 MISCELLANEOUS EXPENSES 44.73 PETTY CASH -FINANCE 20.47 PETTY CASH -FINANCE 1.20 PETTY CASH -FINANCE 4.65 PETTY CASH -FINANCE 12.28 PETTY CASH -FINANCE 83.33 PURCHASE ORDER FORMS 733.20 BOOKS FOR .ACCESS CLASS 76.53 INTRO TO ,ACCESS 97 - CAROL OL W I DMER. 159.00 INTRO TO ACCESS 99 - MARIANNE LUND 15 9 . 0 0 SPECIAL ELEVATOR. INSPECTIONS 318.00 XEROXTOTAL: 21734.41 7024 CARTRIDGE 80.34 R.EIMB FOR ICSC CONFERENCE REGISTR 75.00 PROP.MTCE.WORKBOOKS 40.00 ANNUAL MEMBERSHIP DEUS L.RUEUS 25.00 INTERNET ACCESS - DECEMBER. 19.9 5 INTERNET PPP INDIVIDUAL .ACCESS 19.95 39.90 PHONE SERVICE 52.94 INV 02148 EQUIPMENT 249.75 NEWSLETTER ADVERTISING-JAN.SPONS 250.00 PUBLIC AGENCY LESS THE 100K 325.00 PETTY CASH -FINANCE 24.00 PETTY CASH -FINANCE 25.00 49.00 PELFRESNE 000653196 75.00 DELUXE CORNER. WORKCENEER. 727.55 SPECIAL ELEVATOR. INSPECTIONS 93.00 SPECIAL INSPECTION 280 N WESTGATE 31.00 124.00 REIMBURSEMENT FOR. VILLAGE INTERNET 299.10 EXISTING HOUSING INSPECTION D.SLUG 219.00 MISC.OFFICE SUPPLIES 283.10 List of Bills Presented Board of Trustees JANUARY 28, 1999 PAGE: 10121003 •► r• 0r r - . ELECTRICr A REI REAL ESTATE INDEX, INC. LEONARD CALIGOR WISTINCTIVE BUSINESS PRODUCTA SAID ELI) INARY G.B.O.S. INC MICHELLE GATTAS FRANK GILLIGAN JOHN AND MARGE GLEN DONALD HOEG JIM JIRAK ORVILLE KRUSE RAY LUNDIN DEAN MANN DOROTHY MCKERNAN PETTY CASH - FINANCE DEPT. KATHY PINKA ARLENE PRCHAL ROSEMARY REIS LAURIE SCHOTZ RUTH WITTENBURG SENIOR TAXI RIDES SENIOR TAXI RIDES COFFEE SUPPLIES DECEMBERCOFFE SUPPLIES 1998 HDM 98 HDM-DECEMBER 98 BP CUFF INV.# 5034171111 DEVELOPER OF COP CONTRACT1/3 MAINTENANCE r .. FUSER ASSEMBLY FOR HP 61 r R • HDM-DECEMBER, . • HDM-DECEMBER,98 r DECEMBER, 9 w r: .- HDM-DECEMBER, •: HDM-DECEMBER,98 PETTYAA HDM-DECEMBER,98 N w - •: HDM-DECEMBER, 98 LINE DANCE LESSONS w •: TOTAL 13.75 100.00 234.00 334.00 1,425.00 225.00 258.60 106.50 83.10 249.30 332.40 12.00 18.00 19.48 126.75 270.67 397.43 6.00 27+$� . 00 ✓.00 3.00 6.00 9.00 6.00 3.00 6.00 12.00 12.00 25.00 15.00 6.00 6.00 280.00 12.00 List of Bills Presented to the Board of Trustees JANUARY 28, 1999 PAGE: 6 VENDOR. DESCRIPTION AMOUNT CLEM WOS I CK EDM - DECEMBER. , 98 15.0 0 TOTAL: 11847.41 POLICE DEPARTMENT ALL STATE STAPLE COMPANY POLYBAGS 1 CASE 115.00 AMERITECH PHONE SERVICE 41..07 JULIE A. BOURIS REIMBURSE EXPENSES 145.75 STEVE BURRELL REIMBURSE EXPENSES "ATTITUDE 10111 12.00 DICTAPHONE CORPORATION SERVICE AGREEMENT DESK PHONE LINE 21340.00 EXPERIAN BACKGROUND INFORMATION SERVICE 25.00 HEWLETT - PACKARD COMPANY SER.VICE AGREEMENT RENEWAL 405.00 ICMA-401 PLAN 401 PLAN - PAVLOCK 1/28/99 425.66 KUS TOM SIGNALS, INC. 2 REMOTE FOR ALARM .SYSTEM 93.68 MCI WIRELESS PHONE SERVICE 730.39 MOTOROLA COMMUNICATIONS MOTOROLA 3 1/2 EXTERNAL FLOPPY 351.20 NATIONAL INFORMATION MEMBERSHIP -WILLIAM A.R.OSCOP 60.00 NIPSTA 1999 MEMBERSHIP ASSESSMENT FIRE AN 7,303.00 PETTY CASH - POLICE DEPT. MISCELLANEOUS EXPENSES 1.35 MISCELLANEOUS EXPENSES 114.00 MISCELLANEOUS EXPENSES 53.78 MISCELLANEOUS EXPENSES 35.00 MISCELLANEOUS EXPENSES 3 .50 MISCELLANEOUS EXPENSES 22.11 MISCELLANEOUS EXPENSES 12.80 MISCELLANEOUS EXPENSES 15.00 MISCELLANEOUS EXPENSES 31.G6 289.20 ROBERT R.IORDAN REIMBURSE EXPENSES 26.90 SAFETY KLEEN CORPORATION SERVICE GUN CLEANING SYSTEM 116.38 TELETRAC, INC. MONTHLY SERVICE 953.00 VHF COMMUNICATIONS INC. 4 RADIOS -SM -50 11752.80 VILLAGE OF WILMETTE RUDI REINHARDT BURGLARY TASK FORCE 100.00 WAREHOUSE DIRECT EPSON TONER BLACK/COLOR 139.61 OFFICE SUPPLIES 29.82 OFFICE SUPPLIES 1.11.01 280.44 WOLF CAMERA, INC. PHOTO PRICESSING 19.48 TOTAL: 15,585.95 List of Bills Presented •Ni M Board Trustees JANUARY 28, 1999 PACE: 7 VENDOR DESCRIPTION AMOUNT AGA GAS, INC. AIRGAS LYONS SAFETY AMBASSADOR OFFICE EQUIP, INCo6 CDW GOVERNMENT, INC r . , w•-11 1111 - so MICHAEL FIGOLAH FIRE ENGINEERING FIREHOUSE MAGAZINE FLORIDA EMERGENCY MEDICINE FD. GREAT LAKES AIRGAS, INC. HAIGES MACHINERY HOME RPR IESMA ILLINOIS FIRE CHIEFS ASSOC. ILLINOIS SOCIETY OF FIRE SERV. ILLINOIS FIRE CHIEFS SECR.ASSN MICHAEL E.'JANONIS MC DONALD'S MCI WIRELESS MINOLTA BUSINESS SYSTEMS-MIDW MOUNT PROSPECT VACATIONS NATIONAL PROTECTION NATIONAL FIRE PRCT. ASSOC. FRED PRYOR SEMINARS QUINLAN PUBLISHING COMPANY ROTARY •► O CYLINDER RENTAL 79.92 OXYGEN USP 12S VOL 250 92.50 QUARTERLY MAINTENANCE CONTRACT 778.65 QUARTERLY MAINTENANCE CONTRACT -431.79 TONER. FOR FAX AT STATION 12 109.82 456.68 PHONE SERVICE 44.07 PHONE SERVICE 24.20 PHONE SERVICE 21.55 .PHONE SERVICE 150.53 240.35 PAGEMAKER 558.99 PACEMAKER V6.5 50.42 609.41 FEDEX PICK UP 22.45 FEDEX PICK UP 14�� .4'� /05y 3 6 ...+ EXPENSES/FIGOLAH MICHAEL 425.00 SUB S CR I PT I ON / HUEMANN 19.95 SUBRCRIPTION/MALCOLM 40.97 REGISTR-FIGOLAH & JANONIS 620.00 OXYGEN USP M 124F 53.90 SALES TAX WAS NOT PAID INV.8705666 67.71 CREDIT FOR SALES TAX ON #ST10259 -2.85 64.86 2 FANS FOR STATION 14 50.68 MEMBERSHIP/FIGOLAH,ANDERSON 1999 µi 55.00 REGISTRATION/EERNER 200.00 MEMBERSHIP/FIGOLAH 35.00 REGISTRATION/ PAYTON 35.00 EXPENSES JANONI S MI CHA-EL FOOD FOR HA.Z-MAT INCIDENT - 1/19/9 153.80 CELLULAR PHONE SERVICE -MCI 126.76 COPY MACHINE FOR STATION 12 21735.00 AIRFARE/FIGOLAH, JANONIS 492.00 MEMBERSHIP/FIGOLAH 115.00 SUBSCRIPTION/VALENTINE 90.00 1999 MEMBERSHIP ASSESSMENT FIRE AN 71303.00 TRAINING VIDEOS 154.45 SUBSCRIPTION/FIGOLAH 68.76 MEMBERSHIP/FIGOLAH 194.00 O �� List of Bills Presented to the Board of Trustees JANUARY 2$, 1999 PAGE: $ VENDOR DESCRIPTION .MOUNT CHICAGOPUBLIC WORKS - ADMINI'STRATION CELLULAR ONE - CINTAS CORP JOHN MURPHY PETTY CASH - PUBLIC J PUBLIC WORKS - ELECTRICDREISILKER CELLULAR SERVICE FOR 12/98 UNIFORM SERVICE 12-23/12-30/98 UNIFORM SERVICES 12-23/12-30/9B UNIFORM SERVICES 12-23/12-30/98 REIMBURSEMENT FOR OBTAINNING CDL TRAVEL & SUPPLIES TRAVEL & SUPPLIES PEST CONTROL SERVICES FOR 12/98 TOTAL V -BELT BB CE MOTOR ROAD SALT DELIVERED ROAD SALT DELIVERED ROAD SALT DELIVERED ROAD SALT DELIVERED ROAD SALT DELIVERED ROAD SALT DELIVERED ROAD SALT DELIVERED ROAD SALT DELIVERED ROAD SALT DELIVERED ROAD SALT DELIVERED ROAD SALT DELIVERED ROAD SALT DELIVERED WATER SERVICE WATER SERVICE PT..LIC WORKS - FORESTRY/GRNDS SOCIETY OF MUNICIPAL ARBORTSTS VIDEO/SUPPORT YOUR LOCAL TREE TOTAL: 747.+63. 30.00 24.94 76.82 1+ 01.76 295.1IV 11299.42 55-29 183.40 238.+69 676.50 1,977.29 617.03 10,562.x69 1,190.57 13,503.91 21901.56 11598.42 5,420.95 680.41 3,043.00 8,323.51 50,495.84 10.32 3.44 13.76 21.50 21.50 List of Bills Presented to the Board of Trustees JANUARY 28, 1999 PAGE: 9 VENDOR DESCRIPTION AMOUNT b I alib ZA QVI ADO ne 11-IRAM OklaII CELLULAR ONE - CHICAGO CINTAS CORP ILGISA PEERLESS -MIDWEST PETTY CASH - PUBLIC WORKS 0 r0 9/19-11/17/98 STR HWY TRF SIG LTG S,969.04 STR LTG CHGS-9/96 & 7/1-12/7/98 60,113-02 20.22 PHONE SERVICE 66,082.06 REPLACED EXISTING CONTROLLER 11900.50 MAINT.OF TRAFFIC SIGNALS PHONE SERVICE 9-9-80 TRAFFIC SIGNALS MAINTENANCE 800.00 29.21 PHONE SERVICE 627.68 21800.30 MAINTENANCE OF TRAFFIC SIGNALS 539.83 MAINT.OF TRAFFIC CONTROLS 10/-12/9 359.26 MAINT.OF TRAFFIC CONTROLS 10/-12/9 189.34 MAINT.OF TRAFFIC CONTROLS 10/-12/9 72.80 MAINT-OF TRAFFIC CONTROLS 10/-12/9 967.89 MAINT.OF TRAFFIC CONTROLS 10/-12/9 37.15 MAINT.OF TRAFFIC CONTROLS 10/-12/9 71.30 MAINT.OF TRAFFIC CONTROLS 10/-12/9 628.89 MAINT.OF TRAFFIC CONTROLS 10/-12/9 37.15 BILLS 568.26 POSTAGE FOR WATER ENVELOPES 21363 .78 TOTAL: 71,785.97 PHONE SERVICE 29.21 PHONE SERVICE 20.22 PHONE SERVICE 22-84 PHONE SERVICE 21.60 PHONE SERVICE 190.54 PHONE SERVICE 29-48 PHONE SERVICE 29.21 PHONE SERVICE 627.68 PHONE SERVICE 29.21 PHONE SERVICE 58.40 PHONE SERVICE 26.49 PHONE SERVICE 221.24 PHONE SERVICE 29-48 11335.60 CELLULAR SERVICE FOR 12/98 125.02 UNIFORM SERVICES 12-23/12-30/98 91.17 1999 MEMBERSHIP RENEWAL-S.DORSEY 25.00 REFUND OF CREDIT TAKEN TWICE 252.00 TRAVEL & SUPPLIES 6.60 TRAVEL & SUPPLIES 41.S9 TRAVEL & SUPPLIES 3.66 51.85 POSTAGE FOR WATER BILLS 568.26 POSTAGE FOR WATER ENVELOPES 731.39 List of Bills Presented to the Board of Trustees JANUARY 28, 1999 PAGE: 10 VENDOR DESCRIPTION AMOUNT 1,299.65 TREASURER, STATE OF ILLINOIS RTE 83 IMPR -- 1ST PAYMENT 71068.37 TOTAL: 10,248.66 PUBLIC WORKS - RE SE DISPOSAL ARC DISPOSAL COMPANY DECEMBER COLLECTIONS 491,564.05 DECEMBER COLLECTIONS 19,083.18 DECEMBER COLLECTIONS 29,872.38 DECEMBER COLLECTIONS 31,063.92 DECEMBER COLLECTIONS 9r243.02 DECEMBER COLLECTIONS 211245.61 132,072-16 GROOT RECYCLING AND WASTE SERV DISPOSAL OF WHITE GOODS 9.00 TOTAL: 132,081.1.6 BUSSE CAR WASH, INC. CAR WASHER -DECEMBER., 19 9 8 84 0 . 0 0 PETTY CASH - PUBLIC WORKS TRAVEL & SUPPLIES 26-96 TRAVEL & SUPPLIES 14.11 41.07 PROSA.FETY GLOVES AND SAFETY GLASSES 182.20 VALVOLIHE, INC. UNIVERSAL TRACTOR HYDRAULIC OIL 11463.00 ARROWTOTAL -. 21526-27 CAPITAL IMPROVEMENT PROJECTO"' ROAD +r CONTRACTINGCDW GOVERNMENT, INC CHICAGO TITLE INSURANCE CO. . MATERIAL FOSTEREARTH TECH/RUST COACH GATEWAY!11R . INTERMEDIA COMMUNICATIONS THORPE AND JENKINS,LTD. 1998 STREET RE CONSTRUCTION PROGRAM 52,274.80 COMPUTER EQUIPMENT 21463.99 PURCHASE - 115 S. PINE 65,000.00 EUCLID & BURNING BUSH UPGRADE AND 41550.00 CONSTRUCTION SENITARY SEWER IMPROV 423.86 RADIO INSTALLATION 1,436.65 1998 -FORD "NEW AMBULANCE" 46, 897.90 48,334.55 ALR 8300 S E.R VER REPLACEMENT 91723.00 INSTALLATION OF TI LINE FOR. INTERN 427.34 INSTALLATION OF TI LINE FOR INTERN 1,949.00 2,376.3_4' MISC.LEGAL SERVICES 258.75 List of Bills Presented to the Board of Trustees JANUARY 28 r 1999 PAGE: 11 VENDOR DESCRIPTION AMOUNT I I 1111m iiiiiii R. J. SCHMITT & ASSOC., INC. PROPERTY 19 W BUSSE AVE 200.00 SDI CONSULTANTS LTD. CONSTRUCTION SERVICES 11,124.45 CONSTRUCTION SERVICES 7r046.00 CONSTRUCTION SERVICES 184.45 CONSTRUCTION SERVICES 17,778.67 36r133-57 SYSTEMS CONSULTANTS, INC. APPLICATION REVIEW/EXPENSES 41899.64 TRI -SAGE, INC INSTALLATION S/HANDLING CHARGES 31010.00 URBAN REAL ESTATE RESEARCH ,INC PROPERTY 1 W CENTRAL RD 31500.00 TOTAL: 2331148-5# HITIA 69f MIX11WAVI-10, AMERICAN NATIONAL BANK ADMINISTRATION FEE 125.00 ADMINISTRATION FEE 125.00 ADMINISTRATION FEE 125.00 ADMINISTRATION FEE 125.00 500.00 TOTAL: Soo . 0# 119 to V-1 113 w FRIEDMAN EISENSTEIN RAEMER AND SERVICES RENDERED 2,000.00 SERVICES RENDERED 2o000.00 41000.00 TOTAL.- 4,000.00 & 00-1 DRUG CARD, INC. PRESCRIPTION CARD CLAIMS 71944.73 FIRST NATIONAL BANK OF CHICAGO PMT OF INS CLAIMS - CUSTARD 89-03 GAB ROBINS N.A. INC ADMINISTRATIVE FEE 11000.00 ACT PROGRAM FEE 889.00 11889.00 R. E. HARRINGTON, INC. MEDICAL CLAIMS THRU 1/26 355.60 INTERGOVERNMENTAL PER . BEN .COOP PERSONNEL BENEFITS 21023 .60 PERSONNEL BENEFITS 47,264.35 PERSONNEL BENEFITS 1011,695.78 PERSONNEL BENEFITS 61992.43 157,976-16 LATTOF CHEVROLET, INC., BODY REPAIRS TO P-34 21223.05 List of Bills Presented to the Board of Trustees JANUARY 28, 1999 PAGE: 12 VENDOR DESCRIPTION AMOUNT BODY REPAIRS TO P-34 412-25 21635.30 NORTHWEST RADIOLOGY ASSCC .S.C. ON JOB INJURY F.STEISTM ILLER 24.00 ON JOB INJURY F.STEINMILLER 22.00 46.00 RAND LL WERDERITCH REIMBURSEMENT FOR PRESCRIPTION 22.23 OTAL: 170,958.05 GRAND TOTAL: 1,705,284.79 I List of Bills Presented to the Board of Trustees JANUARY 2 8t 1999 PAGE: SUMMARY BY FUVIW 01 GENERAL FUND 727,422.58 03 REFUSE DISPOSAL FUND 1341,501-25 05 MOTOR FUEL TAX FUND 89,171-41 06 Local Law Enf Block Grant 1997 351-20 07 COMMUNITY DEVELPMNT BLOCK GRNT 21265.86 28 DOWNTOWN REDEVL B & I 1998E 125.00 35 FLOOD CONTROL - 1998A B & 1 125.00 36 DOWNTOWN REDEVELOP 19980 B, & 1 125.00 43 STREET IMPROV B & I 1998A 125.00 50 1998A Street Impvmt Const Fund 52,459.25 51 CAPITAL IMPROVEMENT FUND 19,795.97 53 CAPITAL IMPROVEMENT CONST FUND 41550.00 55 DOWNTOWN REDEVLPMNT CONST FUND 22,934.23 59 FLOOD CONTROL CONST FUND 423.86 61 WATER AND SEWER FUND 45,807.56 63 PARKING SYSTEM REVENUE FUND 65,699.78 66 VEHICLE MAINTENANCE FUND 30,994.80 67 VEHICLE REPLACEMENT FUND 48,334.55 68 COMPUTER REPLACEMENT FUND 9,723.00 69 RISK MANAGEMENT FUND 170r958.05 71 POLICE PENSION FUND 107,327.58 72 FIRE PENSION FUND 110,219.82 73 BENEFIT TRUST #2 FUND 21759.83 77 FLEXCOMP ESCROW FUND 21191.10 79 ESCROW DEPOSIT FUND 56,893.11 11705I284.79 Lowe, Velma - - - -- - ------------------ ........................... From: Cooney, Bill Sent: Monday, February 01, 1999 24-05 PM To: Janonis, Mike Cc: Figolah, Mike; Lowe, Velma Subject: Westgate As a side note, I told Murphy that he did not need to be at tomorrow's meeting if this was not resolved. If you want him there, let me know. ORDINANCE NO, AN ORDINANCE AMENDING ORDINANCE NO. 4857 (ORDINANCE NO. 4857 GRANTING CERTAIN VARIATIONS FOR PROPERTY GENERALLY LOCATED AT 280-290 WESTGATE ROAD) IN THE VILLAGE OF MOUNT PROSPECT, ILLINOIS WHEREAS, Ordinance No. 4857 granted certain variations, when the improvements located at 280-290 Westgate Road were converted from rental apartments to condominiums pursuant to the Mount Prospect Code of Ordinances; and WHEREAS, the subject property is legal described as follows: Lot 17 in C. A. Goetz Prospect Gardens, being a subdivision of the West half of the southeast 1/4 together with the East 2/3 of the North 3/4 of the Northwest 1/4 of the Southwest 14 of Section 35, Township 42 North, Range 11, East of the Third Principal Meridian, in Cook County, Illinois ("Subject Property"); and WHEREAS, the Petitioner has placed Twenty Six Thousand Four Hundred ($26,400.00) Dollars in an escrow account for the installation of street lighting as WHEREAS, the Village has determined that the installation of the street lights is not necessary at this time; BE IT THEREFORE ORDAINED by the President and Board of Trustees acting in the exercise of their home rule powers: H I SECTION 1: Ordinance No. 4857 shall be amended by adding a new Section 3A which shall read as follows: Sec. 3A. The cash escrow account for the Subject Property shall be reduced by Twenty Six Thousand Four Hundred ($26,400.00), Dollars at such time as this Petitioner executes a Covenant Running with the Land, as approved by the Village Attorney, that guarantees that the property owners association or its successor will pay for the installation of street lighting, acceptable to the Village, at such time as the 'Installation is demanded by the Village. SECTION 2: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: , In" -00M am PASSED and APPROVED this day of It 1999* ATTEST: Velma W. Lowe, Village Clerk CAOFF IC E\WPWI N\WPD OC SIM NO RD SIAM D4857. ORD Gerald L. Farley, Village President P) Village of Mount Prospect �� � Mount Prospect, Illinois INTEROFFICE MEMORANDUM FROM: VILLAGE MANAGER MICHAEL E. JAN NIS DATE: JANUARY 28,1999 SUBJECT: CREATION OF CLASS Z LIQUOR CLASSIFICATION Chapter 13 of the Mount Prospect Village Code covers the licensing, sale and delivery of alcoholic beverages within the Village. Currently, there are 17 different Liquor License classifications. These classifications have developed over time in response to unique circumstances surrounding the sale and delivery of liquor products. The benefit of narrowly defined Liquor License classifications is that the Village retains greater control over the kinds of establishments or circumstances where delivery of alcohol is allowed. Changing consumer trends has seen a proliferation in home shopping type services. Additionally, the popularity of the Internet has made the convenience of home shopping very appealing. A relatively new trend in this area is home shopping for "grocery" type goods' and products. The "Peapod" home shopping service offered by -Jewel is probably the most well known example of this trend. Recently, the Village was approached by a potential competitor, "Scotty's," who has inquired about the possibility of locating a distribution facility within Mount Prospect. The variety of items offered for sale include food stuffs, various sundries and alcoholic beverages. Upon review of the Village Code, it was noted that there is no specific liquor license category that covers this type of operation. Village Attorney Everette Hill was directed to draft an Amendment to the Liquor Code creating a new License classification. The proposed Amendment is attached for your review and consideration. The most important issue with regard to home delivered sales is that reasonable controls be in 'place so that minors are prevented from ordering and/or receiving alcoholic beverages. The Ordinance, as proposed, limits delivery of alcoholic beverages to very specific circumstances. First, delivery is restricted to a person-to- person transaction or, with the approval of the Village, a secure lock box system could be implemented. While neither contingency is completely foolproof, the Village does maintain considerable leverage in ensuring the vigilance of the License holder by requiring the posting of a $10,000 cash bond that is subject to forfeit for each and every violation. Obviously, if there were a history of violations by a particular License holder, the Liquor Commissioner could act to revoke the License if circumstances warranted. With the changing marketplace and the evolution of "E-commerce," it is necessary for the Village to make reasonable adjustments in its Code requirements to accommodate the "realities" of the marketplace. By amending the Liquor Code to establish a Class Z License, the Village Board does not automatically create a License in the name of Scotty's or any othe- r potential Licensee. Each entity would have to make application, meet all of the Village's fitness requirements and receive the approval of the Village Board before a License is granted. Sted recommends the Board favorably consider the proposed Amendmenj M EJ/rcc 41RDINANCE NO, AN ORDINANCE AMENDING ME YJ,,,,,L,,L,AGE CMDE-OF MOUN�LfflQ$PE T C BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SE CTIOIN That Section 13.107, entitled "Licenses and Permits" of Chapter 13 of the Mount Prospect Village Code shall be amended by adding subparagraph (E) to Subsections (A)(1) to be and read as follows: E. Class Z Retail Home Delivery License. Class Z Retail Home Delivery License, for the delivery of alcoholic liquor to residences within the Village when the sale and delivery of alcoholic liquor is incidental to the sale and delivery of groceries. Such a license may be issued only upon the posting of a $10,000 cash bond with the Village. If a sale or delivery of alcoholic beverages is made in violation of the regulations of this classification or any other regulation of the Village, the cash bond shall be forfeited and if the license is not revoked, a new $10,000 cash bond shall be posted. Pursuant to this Class Z license, alcoholic liquor may be delivered only in one of the two following ways: Person-to-person delivery into the hands of a person providing proof that the person is twenty-one (21) years or older. 2. Delivery to a security box provided by the Licensee to a specific residence within the Village. The security box must be kept locked at all times and be accessible only by a key or a key card. Access to the key or key card must be limited to an adult resident and the licensee. All such security boxes shall be of consistent design throughout the Village and must be bolted or otherwise affixed to a permanent structure. The design, locking mechanism and method of attachment to a permanent structure shall be subject to the approval of the Village. (See Section 13.130F). SECTIOR-2,# Subparagraph 3 of Subsection 13.107A shall be amended by Z adding language indicating that the Class Z license fee shall be Two Thousand dollars ($2,000.00). GD34# That Section 13.130, entitled "Consequences of Facilitating the Use of Alcoholic Beverages By Underage Persons" of Chapter 13 of the Mount Prospect Village Code shall be amended by adding subparagraph (F) to be and read as F. Prohibitions with Respect to a Class Z License, Penalties. 1. No person who receives a Security Box from a Class Z License holder may permit any other person, except someone residing at the same address who is twenty-one (21) years or older, to use or have access to the Security Box key or Key Card. Any person permitting such access in violation of this subsection shall pay a fine of not less than One Thousand Dollars ($1,000.00). 2. No person other than an individual twenty-one (21) years or older residing at the same address shall use Security Box key or Key Card of another for the purpose of obtaining alcoholic liquor. Any person violating this subsection shall pay a fine of not less than One Thousand Dollars ($1,000.00). 3. It shall be unlawful to deliver alcoholic beverages other than beer or wine pursuant to a Class Z license unless written notification of intent to begin delivery of spirits as defined in this Chapter 13 has been given to the Local Liquor Control Commissioner. SE-C-DON.4; That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES# NAYS: ABSENT: PASSED and APPROVED this day of 01999. Gerald L. Farley, Village President ATTEST: Village of car u n t, r o s pr a c t � �� Mount Prospect, Illinois 04" Ifol;, INTEROFFICE MEMORANDUM 1111Z 0 TO: MAYOR GERALD L. FARLEY AND BOARD OF TRUSTEES FROM: VILLAGE MANAGER MICHAEL E. JANONIS DATE: JANUARY 28, 1999 SUBJECT: PURCHASE OF PROPERTY 18 WEST BUSSE AVENUE The attached Ordinance provides for acquisition of a portion of the Ye Olde Town Inn property. The specific area to be acquired is a 2,279 square foot section of the building that extends due north from the main structure. This portion of the building formerly housed a small bowling alley and is now a vacant space that in the past has been rented out to non-public commercial users. The owner of the property has been previously notified of the Village's interest in this portion of the property., q11111111 liq 11q111111111 I M EJ/rcc IN ORDINANCE NO, AN ORDINANCE PROVIDING FOR THE PURCHASE OR CONDEMNATION OF LAND FOR REDEVELOPMENT PURPOSES IN THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS 18 West Busse Avenue WHEREAS, the Village of Mount Prospect, a home rule unit, pursuant to the authority of Article VII, Section 5 of the 1970 constitution of the state of Illinois, is authorized to legislate with respect to matters pertaining to its government and affairs; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have determined and declare that the acquisition of the property hereinafter described is necessary and in the public interest and is a matter pertaining to Its government and affairs; and WHEREAS, pursuant to its home rule authority as provided in Article Vll, Section 0 of the 1970 Constitution of the State of Illinois, the President and Board of Trustees of the Village of Mount Prospect have determined and declared it is necessary and in the public interest to acquire for redevelopment the property hereinafter described; and WHEREAS, the 'Village of Mount Prospect is a municipality which exercises authority pursuant to the Tax Increment Allocation Redevelopment Act, chapter 55, Act 5, Section 11-74.'1 et seq. of the Illinois Municipal code as set forth in the Illinois Compiled Statutes; and WHEREAS, the Village of Mount Prospect is authorized to acquire property, real or personal, by purchase, donation, lease or eminent domain for the purposes of redevelopment pursuant to the provisions of the Tax Increment Allocation Redevelopment Act; Chapter 85, -Act 5, Section 11-74.4-4(c) of the Illinois Municipal Code as set forth in the Illinois compiled Statutes; and WHEREAS, pursuant to the provisions of the Tax Increment Allocation Redevelopment Act, Chapter 85, Act 5, Section 11-74.4-1 et ,seq. of the Illinois Municipal code as set forth in the Illinois compiled Statutes, the President and Board of Trustees of the Village of Mount Prospect have determined and declared that it is necessary and in the public interest to acquire for redevelopment the property hereinafter described; and WHEREAS, the President and Beard of Trustees of the Village of Mount Prospect have determined and declared that the acquisition of the property hereinafter described is necessary, for redevelopment purposes, is useful, advantageous and desirable for the public welfare; and WHEREAS, the Village of Mount Prospect has heretofore adopted Ordinances designating a Tax Increment Redevelopment Project Area and adopting a Tax Increment Redevelopment Project Plan, commonly known and referred to as the Downtown Redevelopment Plan; and Page 2 of 3 18 W. Busse Ave,,, WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have determined and declared that the acquisition of the property hereinafter described is necessary and appropriate for the implementation of the Downtown Redevelopment Plan. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That it is hereby determined that the following described real property is necessary and appropriate for the implementation of the Downtown Redevelopment Plan of the Village of Mount Prospect, to wit: The South 1.11 feet of the West 37.37 feet of Lot 2 and the North 60.70 feet of the West 37.37 feet of Lot 4 within Mount Prospect Central District Subdivision of Part of the West Half of Section 12, Township 41 North, Range 11 East of the Third Principal Meridian in Cook County, Illinois, Recorded December 23, 1949, Document 1275902 (Torrens) STION'TWO: That pursuant to its home rule power and authority, the President and Board of Trustees of the Village of Mount Prospect hereby determines that it is necessary and desirable that the Village of Mount Prospect acquire the parcel for redevelopment and implementation of the Downtown Redevelopment Plan. SECTION `THREE: That pursuant to its powers and authority set forth in the provisions of the Tax Increment Allocation Redevelopment Act, Chapter 65, Act 5, Section 11-74.4-4(c} of the Illinois Municipal Code the Village of Mount Prospect hereby determines that it is necessary and desirable that the Village of Mount Prospect acquire the parcel for redevelopment and implementation of the Downtown Redevelopment Plan. SECTION FOUR: That the Village of Mount Prospect, Cook County, Illinois shall, for the purposes of acquiring real property for redevelopment purposes, acquire a fee simple title free and clear of all taxes, special assessments and liens, and environmental contamination of the hereinabove described Parcel. SECTION FIVE: That the Village Manager, Village Attorney, and the firm of Burke and Ryan, Special Attorneys of the Village of Mount Prospect, be and are hereby authorized, empowered and directed to negotiate for and on behalf of the Village of Mount Prospect and submit an offer in writing to the owner or owners of said parcel. In the event the Village Manager, Village Attorney and Special Attorneys are unable to agree with the owner or owners of said parcel as to the compensation to be paid therefor, then title and possession of said real property shall be acquired by the Village of Mount Prospect through condemnation and the Village Attorney and Special Attorneys are hereby authorized, empowered and directed to institute proceedings in any court of competent jurisdiction to acquire title to and possession of said parcel in the manner prescribed by law, for the purpose of acquiring title to the property hereinabove described. Page 3 of 3 18 W. Busse Ave. SECTION SIX: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: NAYS: ABSENT: PASSED and APPROVED this day of 1999. Gerald L. Farley Village President ATTEST: Velma W. Lowe Village Clerk %%VHkV02\DEPnCOMDEV\CDADMIN\131LLkFORMS\ORDINANCE 18 BUSSE.doc 1 c —RYAN PAGE . 002 LAw C mews BuRKE ANx) RYAN 33 NOWTH DeMBORN STRETT SUITE 402 WILLIAM E. HYAN TrmoTHY 1. RYAN CHICAGO, ILLINMS 606102 332/236-13811 Aimwn 24. CHIUSTIE VAX No. 31a/Z3d•a3S6 T>Ll3Rmt:E I]. MCCAns STURM M. BURKS P11 a WA CtKI ItiED AfAM RETURN REPT REQ SMD op Jartuar,y'27,15% J'ohn M. �� * '17Chkeif;.. o. RE 18 Wed flume, Wfouift Prosped, nr ]Real 1`. �ri• ,.1 1 Y M r f 1 ftl M index .► �MI Dear aboveW4 amadvised that you rt!��t the m,,ord own,er 01, kvterW� party of the, realproperty ref6xmwed, and,described M! s*„ onthe a ,. Y.. „ hereto Exluibit A. w.`e of M'ount r I� y� .yy y��*rtiOn of dW j `` YN4 91M �;... ct ,r� 'v �!�' M * d.„a 4W " "F7 7 * d p at purposes r I i redevelopment w1I! We have been aulthoriz)ed by the Village of Mmmt Prospect to negotiate vrith the party orpa, �- � in intelest " puxposes g' e compensafdon to136 I 4 for ■fee shnple • "" + 1 " :.rr: 1 Sbc Hundred Fifty DOE[= M19AXW) for the fee title inter� to the rear pordon of ele tefererKvd - L hnProved wfth the Z279 squam foot md ustnal building sought to be acquired by the Vmap 0 Mount M i w. amdclear of all M N .i this offer reflects aparties :r N '�► encumbrances,r r nWcontarru'nation. Please be advisedper6quarefoot value [$5Z50] consider g the retail i+ industrial y`` space togefluw. In the nent donutin ng� its appraiser wM value the midustrial building only. I If you cam to discuss fliis offer, please contact Wilham E. Ryaii of fi-ds law firm at the addmn1 telephone number #Wkated abow. The Village will consider and approve an ordinance authorizing tile acquWtion, of the industrW i by condenmation or oflierwise at the February 2,1999 Vfflage Boar Meetin& Therefore, if we do not hear from you wiffiin ten (10) days of your receipt of this offer we shall assunie that you have rejected this offer, and the WUge of Mount Prospect w -M be in a posffion to lue an eminent domain proceeding to acquire the fee simple interest in the property. « GncL . TOTAL PAGE. 002 *� 01-27-99 15=28 RECEIVED FROM:3.12 236 25S6� P-92 tYN 41n1le ml!"t. MOUNT P40SPlCr. 1tkjt404$ &?S& '71<''e�,'yrsw 1.+ "V"* 6L AT �LYF sup'', . Sou wh 1-11 f ! e C Of the West s Z : �' . �? t+e r � 4 .. ,, . :.o.. 2* and al: if :.ot 4 :n M ►U,,"` PiC�SPE'C'T' CS.N-TUL DISTRICT SJ'ED1Y t of the West 1/2 of e4ection 12a To�,ship 41 ,forth, ?a::�e va,t o: �: Trw::~d F''irc i a 1 I:cri s IS.L'1' I . , not z , s shown on Plat thereofregistered on Lccem. ber 2�-d, 1944 as 00 '0ment �:►:.ber 5759 ;2 � d_an � _n Cook • ..,ow 4 "e jr /. oe r t"z r �v [.we a 4, /,7 E.sr.IJ' c,wr ,�►1`,r•Wtcv Z007 t A-161110 wf Area to be acquired �� r3 .4Kjf t�• 14 t • .. „. 6LV CJor C, o' '6F ial Is, 00mat r%4 Qtorwx rc f Nor01;F !, whom 4rc $010�4)11_440d' c. var a ip .�r'rt Ex at .4"'( ry, U sfano omd, at p 2 AN TO : Michael E. Janonis, Village Manager FROM: Douglas R. Ellsworth, Finance Director DATE: January 28, 1999 S JECT: PROPOSEWTIF BOND ISSUE, PURPOSE: To present a recommendation that the Village issue $5,550,000 of taxable general obligation bonds to finance property acquisition within the Downtown TIF District. BACKGROUND: The 1999 approved budget includes $7,275,000 for property acquisition costs within the Village's Downtown Redevelopment Tax Increment Financing District. The budget shows that funds for the acquisitions were to come from one or more bond issues. DISCUSSION: It is expected that the Village will be closing on the purchase of several Downtown TIF properties within the next three to six months. The estimated purchase price of these properties is $5,450,000. Staff is proposing the issuance of $5,550,,000 of taxable general obligation bonds to cover the anticipated property acquisition costs. Following is a summary of the proposed use of funds: Costs of Issuance $ 34,363 Bond Discount 55,500 Contingencies 107137 Property Acquisition W!12450 000 Total $5 550 �000 According to attorneys at both Katten, Muchin & Zavis and Chapman and Cutler the bonds will need to be issued as taxable obligations because the Village will be using bond proceeds to purchase property which is expected to be resold for more than 5% of its, original purchase price. Proceeds from: land sales -can be used to meet scheduled debt service payments or to call the bonds prior to maturity. Attached as Exhibit I is the es d debt service schedule for the proposed bond issue. It is estimated the taxable bonds would be issued at an average coupon rate of 5.50%. The bonds would have a maturity date of August 1, 2008. The cost of issuance is estimated at $34,363. following is a breakdown of the anticipated costs: RN. Torene and Associates Financial Advisor $17,013 Katten,, Muchin & Zavis Bond Counsel $ 8,550 Moody's Rating Agency $ 5,000 Miscellaneous Printing & Advertising $ 3,800 A tentative financing timetable is presented as Exhibit 2. We would anticipate opening sealed bids for the bonds on March 2. 1999 and asking the Board to approve the bond ordinance at its meeting that evening. The bond closing would take place on March 23, 1999. RECOMMENDATION: It is recommended the Village Board authorize staff to proceed with the issuance of $5,550,,000 of taxable general obligation bonds for purposes of financing property acquisition within the Downtown Tax Increment Financing District. TABLE ,A-1 u �rro � i " u mlll iw�uw � VIII I� VIII I �IIIIIIII ,VIII.. Mount Prospect -- $5,5509000 Taxable G. D. Bonds, Series 1999A Interest start date: 03/01/99 First interest payment: 08/01/99 Sid per $1000 NIC Avg coupon Avg life Bond yrs 10100.00000000 5.50000% 5.50000% 6.68333333 379 092.50 11 Interest start date: 03/01/99 First interest payment: 08/01/99 PERIDD ENDING 1 08/01/99 2 08/01/00 3 08/01/01 4 08/01/02 5 08/01/03 6 08/01/04 7 08/01/05 8 08/01/06 9 08/01/07 10 08/01/08 TOTAL DEBT SERVICE SCHEDULE ANNUAL PRINCIPAL RATE 0000 4859 600.00 630910008 00 5.5010 1215, 000.00 5.500 000.00 5.500 x235, 255, 000.00 5.500 45 5, 000.00 5.500 6809 000. 00 5.500 6559 000.010 5w500 770s000.00 5..500 11 6559 000.0+0 5.5+010 IYIIIY YYU YIYYb YI�Ir rIYIO �Illllq 11111111 1/II/ YIrYYlll YYYw 41 11111111 ■Wt 5, 550, X00.00 R -V. Norene & Associates, Inc. January 26, 1999 INTEREST TOTAL 1279187,50 127, 187.50 3051250s00 935, 250.00 2709 600.00 4859 600.00 258, 775.00 493, 775.00 245 9 850.00 500,850a 00 ," 231, 825.00 686, 825.00 2069 800.00 8869800800 169, 400.00 8247 400.00 133, 375.00 903, 37 5.010 91, 025.00 19 7469 025.00 29 040, 087.50 7y5907087,50 Now" W rr *V NOIRENE &A s"diciat VILLAGE OF MOUNT ILLINOIS- - TAXABLE GENERAL OBLIGATION BONDS, SERIES 1999 i � � iTimild�,bliel Tuesday, February 2, 1999 Village staff an'nounce at Village -Board meeting the plan -ta. -sell- bohds on - -Tuesday-- March 2, 1999. Thursday, February 4, 1999 - R.V. Norene & Associates, Inc. (RVN&A) mall news release regarding- Tuesday, March 2, 1999 bid opening. m Fax text to Bond Buyer for "New on Calendar" and "Sealed Bids" for Monday, February 8, 1999 edition. RVN&A mail text of Summary Notice of Sale to Wall Street Journal for publication on Monday, February 22, 1999. RVN&A fax Notice of Sale to SURE BID for bid guarantee structure. Wednesday, February 10, 1999 - RVN&A fax/deliver draft of Official Statement, Official Notice of Sale/Bid Form to T Village and Bond Counsel for review and telephone comment by Noon, Monday, Th February 15, 1999. 1. Monday, February 15, 1999 - Village telephone RVN&A with comments on Official Statement. RVN&A provide M camera ready text of Official Statement, Official Notice of Sale/Bid Form to printer. W RVN&A mail all information to Moody's for investment rating. IF RVN&A fax to CUSIP Bureau for USIP number assignment to maturities. Tuesday, February 16, 1999 - Village Board introduce Bond Ordinance. 2 - RVN&A mail (first mailing) printed Official Statement, Official Notice of Sale/Bid Form 4 to dealer banks and investment bankers/underwriters. 6 - RVN&A provide disk to FCI Solutions for insertion of the Official Statement on the 11 Bloomberg System (over 20,000 screens for underwriter types and institutional 3 final investors). Monday, February 22, 1999 - RVN&A publish Summary Notice of Sale in Chicago edition of the Wall Street 7 Journal - this advertisement tells individual investors how to obtain the Official 9 Statement. Tuesday, February 23, 1999 RVN&A mail (second mailing) to investing institutions and investment advisors 13 throughout the United States. Tuesday, March 2, 1999 Bond Bid Opening at 11:00 A.M., C.S.T., at the offices of R.V. Norene & 10 Associates, Inc., 1701 Lake Avenue, Suite 215, Glenview, Illinois. 12 Adoption of Bond Ordinance at regular meeting of the Board that evening. Wednesday, March 3, 1999 Depository notified regarding global book entry. Draft "Final" faxed to purchaser 116 and Bond Counsel for approval on December 3, 1999. Thursday, March 4, 1999 RVN&A complete "Final" Official Statement and provide copies to purchaser for 20 distribution to investors. Tuesday, March 23, 1999 " Deliver Bonds to purchaser and receive proceeds. (Board meetings 1st and 3rd Tuesdays) S M T W Th F S S M 'T W Th IF S 1 2 3 4 5 6 11 2 3 4 5 6 7 8 9 10 11 12 13 7 8 9 10 11 12 13 14 15 116 17 18 19 20 14 15 16 17 18 19 20 21 22 23 24 25 26 27 21 22 23 24 25 26 27 1 28 28 29 30 31 R. V. Norene & Associates, Inc. January 26, 1999 Meeting Location: Mount Prospect Village Hall, 2nd Floor 100 South Emerson Street Mount Prospect, Illinois 60056 Meeting Date and T January 19, 1999 1. CALL TO ORDER bv;�L 111111 !1! 11111111 11. CLOSED SESSION lk X LAND ACQUISITION 5 ILC 22 (c) urc ase, or lease of real property ) (5) ftTbe, 9( u for the use of the public body, including meetings held for, the purpose of discussing whether a particular parcel should be acquired." f 111. ADJOURNMENT 6P 0, 0 From, Ellsworth, Douglas Sent: Thursda, February 04, 1999 1:40 PM To: Andler, �len; Cooney, Bill; Lowe, Velma; Pavlock, Ron; Strahl, Dave; Morgan, Nancy; Rowe, Ross Cc: Widmer, Carol Subject: LIST OF OPEN P-O.'S, CREDIT CARDS, OPEN ACCOUNTS On January 14th, the, Village Manager requested that al'i,departmIents forwardto me a.list ofall current open purchase orders, ��'ch:asea.g�'re,,em,e,nts,, open accolunts, cred"t cards, etc. This was supposeto be to me, by January Jan. 29. To date, I have only received the Fire Departments. Please try to compile s list and get it to me no later than February 16th., Thank you. TO: MAYOR GERALD L. FARLEY AND BOARD OF TRUSTEES FROM: VILLAGE MANAGER MICHAEL E. JANONIS DATE: FEBRUARY 5,1999 • � � 1 � � � rRykirell Due to other priorities, there will be no Manager's Memorandum this week. Please check your weekend package for miscellaneous items of importance. MEJ/rcc Ah 0 0 0 0 1Z Ch V Fme M ORDER OF BUSINESS SPECIAL MEETING Meeting Location: nd Mount Prospect Village Hall, 2 Floor 100 South Emerson Street Mount Prospect, Illinois 60056 1. CALL TO ORDER Meeting Date and Time: Tuesday January 19, 1999 6:00 P. M. 11,0 CLOSED SESSION LAND ACQUISITION 5 ILCS 120/2 (c) (5) - "The purchase or lease of real property for the use of the public body, including meetings held for the purpose of discussing whether a particular parcel should be acquired." ADJOURNMENT Next Ordinance No. 4993 Next Resolution No. -99 ORDER OF BUSINESS REGULAR MEETING Meeting Location: Mount Prospect ,Senior Center 50 south Emerson Street Mount Prospect, Illinois +6005 1. CALL TO ORDER Meeting Date and Time: Tuesday February 2, 1999 7:39 P.M. II. ROLL CALL Mayor Gerald "Skip" Farley Trustee George Clowes Trustee Richard Lohrstorfer Trustee Timothy Corcoran Trustee Daniel Nocchi Trustee Paul Hoefert Trustee Irvana Wilks III. PLEDGE OF ALLEGIANCE IV. INVOCATION: Trustee Wilks V. APPROVE MINUTES OF REGULAR MEETING OF JANUARY 19, 1999 VI. AP'P'ROVE BILLS VII. MAYOR'S R E P O RT A. Appointments Vlll. COMMUNICATIONS AND PETITIONS - CITIZENS TO BE HEARD ANY INDIVIDUAL WITH A DISABILITY WHO WOULD LIKE TO ATTEND THIS MEETING SHOULD CONTACT THE VILLAGE MANAGER'S OFFICE AT 100 SOUTH EMERSON STREETj, 847/392-6000,v TDD 847`/392-6064. Ix. OLD BUSINESS A. 2"d reading of AN ORDINANCE AMENDING ORDINANCE NO. 4857 GRANTING CERTAIN VARIATIONS FOR PROPERTY GENERALLY LOCATED AT 280-290 WESTGATE ROAD IN THE VILLAGE OF MOUNT PROSPECT This ordinance allows the release of escrow funds in lieu of entering into a covenant for future streetlight expenses. (Exhibit A) X NEW BUSINESS A. l't reading of AN ORDINANCE AMENDING CHAPTER 13 OF THE VILLAGE CODE This ordinance amends Chapter 13 (Liquor) of the Village Code by creating a Class "Z" license, to allow home delivery of retail alcoholic beverages. (Exhibit B) B. 1st reading of AN ORDINANCE PROVIDING FOR THE PURCHASE OR CONDEMNATION OF LAND FOR REDEVELOPMENT PURPOSES IN THE VILLAGE OF MOUNT PROSPECT, 18 WEST BUSSE AVENUE (YE OLDE TOWN INN) This ordinance provides for the purchase of a portion of the property at 18 West Busse Avenue for future municipal purposes. (Exhibit C) C. Request for authority to proceed with the issuance of $5,550,000 of taxable general obligation bonds to finance property acquisition within the downtown TIF district X1. VILLAGE MANAGER'S REPORT A. Status Report X11. ANY OTHER BUSINESS X111. CLOSED SESSION Land Acquisition: 5 ILLS 120/2 (c) (5) — "The purchase or lease of real property for the use of the public body, including meetings held for the purpose of discussing whether a particular parcel should be acquired." XIV. ADJOURNMENT 0 # 0 0 Ah 91 a IMMUCT06700MR01 0=0 0 ORDER OF BUSINESS REGULAR MEETING Meeting Location: Mount Prospect Senior Center 50 South Emerson Street Mount Prospect, Illinois 60056 I. CALL TO ORDER 0 Meeting Date and Time Tuesday February 2, 1999 7:30 P.M. ROLL CALL Mayor Gerald "Skip" Farley Trustee George Clowes Trustee Richard Lohrstorfer Trustee Timothy Corcoran Trustee Daniel Nocchi Trustee Paul Hoefert Trustee Irvana Wilks PLEDGE OF ALLEGIANCE IV. INVOCATION: Trustee Wilks V. APPROVE MINUTES OF REGULAR MEETING OF JANUARY 19, 1999 V1. APPROVE BILLS VII, MAYOR'S REPORT A. Appointments Vill. COMMUNICATIONS AND PETITIONS - CITIZENS TO BE HEARD ANY INDIVIDUAL WITH A DISABILITY WHO WOULULIKE TO ATTEND THIS MEETING SHOULD CONTACT THE VILLAGE MANAGER "S OFFICE AT 100 SOUTH EMERSON STREET, 8471392-6000, TDD 8471392-6064. Ix. OLD BUSINESS A. 2nd reading of AN ORDINANCE AMENDING ORDINANCE NO. 4857 GRANTING CERTAIN VARIATIONS FOR PROPERTY GENERALLY LOCATED AT 280-290 WESTGATE ROAD IN THE VILLAGE OF MOUNT PROSPECT This ordinance allows the release of escrow funds in lieu of entering into a covenant for future streetlight expenses. (Exhibit A) X. NEW BUSINESS A. Vt reading of AN ORDINANCE AMENDING CHAPTER 13 OF THE VILLAGE CODE This ordinance amends Chapter 13 (Liquor) of the Village Code by creating a Class "Z" license, to allow home delivery of retail alcoholic beverages. (Exhibit B) B. Vt reading of AN ORDINANCE PROVIDING FOR THE PURCHASE OR CONDEMNATION OF LAND FOR REDEVELOPMENT PURPOSES IN THE VILLAGE OF MOUNT PROSPECT, 18 WEST BUSSE AVENUE (YE OLDE TOWN INN) This ordinance provides for the purchase of a portion of the property at 18 West Busse Avenue for future municipal purposes. (Exhibit C) C. Request for authority to proceed with the issuance of $5,550,000 of taxable general obligation bonds to finance property acquisition within the downtown TIF district X11. VILLAGE MANAGER'S REPORT A. Status Report X11. ANY OTHER BUSINESS XIII. CLOSED SESSION I Land Acquisition: 5 ILCS 120/2 (c) (5) — "The purchase or lease of real property for the use of the public body, including meetings held for the purpose of discussing whether a particular parcel should be acquired." XIV. ADJOURNMENT 0 0 N f4me ..! ! - 01, 1AIS ORDER OF BUSINESS REGULAR MEETING Meeting Location: Mount Prospect Senior Center 50 South Emerson Street Mount Prospect, Illinois 60056 I. CALL TO ORDER Meeting Date and Time: Tuesday February 2, 1999 7:30 P.M. ROLL CALL Mayor Gerald "Skip" Farley Trustee George Clowes Trustee Richard Lohrstorfer Trustee Timothy Corcoran Trustee Daniel Nocch! Trustee Paul Hoefert Trustee Irvana Wilks 111111. PLEDGE OF ALLEGIANCE IV. INVOCATION: Trustee Wilks V. APPROVE MINUTES OF REGULAR MEETING OF JANUARY 19, 1999 VI. APPROVE BILLS VII. MAYOR'S REPORT A. Appointments Vill. COMMUNICATIONS AND PETITIONS -CITIZENS TO BE HEARD ANY INDIVIDUAL WITH A DISABILITY WHO WOULD LIKE TO ATTEND THIS MEETING SHOULD CONTACT THE VILLAGE MANAGERS OFFICE AT 100 SOUTH EMERSON STREET, 8471392-6000 TDD 847/392-6064. Ix. OLD BUSINESS A. 2"d reading of AN ORDINANCE AMENDING ORDINANCE NO. 4857 GRANTING CERTAIN VARIATIONS FOR PROPERTY GENERALLY LOCATED AT 280-290 WESTGATE ROAD IN THE VILLAGE OF MOUNT PROSPECT This ordinance allows the release of escrow funds in lieu of entering into a covenant for future streetlight expenses. (Exhibit A) X. NEW BUSINESS A. 1st reading of AN ORDINANCE AMENDING CHAPTER 13 OF THE VILLAGE CODE This ordinance amends Chapter 13 (Liquor) of the Village Code by creating a Class "Z" license, to allow home delivery of retail alcoholic beverages. (Exhibit B) B. 1st reading of AN ORDINANCE PROVIDING FOR THE PURCHASE OR CONDEMNATION OF LAND FOR REDEVELOPMENT PURPOSES IN THE VILLAGE OF MOUNT PROSPECT, 18 WEST BUSS. AVENUE (YE OLDS. TOWN INN) This ordinance provides for the purchase of a portion of the property at 18 West Busse Avenue for future municipal purposes. (Exhibit C) C. Request far authority to proceed with the 'issuance of $5,550,000 of taxable general obligation bonds to finance property acquisition within the downtown Ti F district X1. VILLAGE MANAGER'S REPORT A. Status Report X11. ANY OTHER BUSINESS X111. CLOSED SESSION Land Acquisition: 5 ILLS 120/2 (c) (5) — "The purchase or lease of real property for the use of the public body, including meetings held for the purpose of discussing whether a particular parcel should be acquired." XIV. ADJOURNMENT 11WE Mol ORDER OF BUSINESS REGULAR MEETING Meeting Location: Mount Prospect Senior Center 50 South Emerson Street Mount Prospect, Illinois 60056 Meeting Date and Time: Tuesday February 2, 1999 7:30 P.M. ROLL CALL Mayor Gerald "Skip" Farley Trustee George Clowes Trustee Richard Lohrstorfer Trustee Timothy Corcoran Trustee Daniel Nocch! Trustee Paul Hoefert Trustee Irvana Wilks Ill. PLEDGE OF ALLEGIANCE IV. INVOCATION: Trustee Wilks V. APPROVE MINUTES OF REGULAR MEETING OF JANUARY 19, 1999 VI. APPROVE BILLS VII. MAYOR'S REPORT A. Appointments Vill. COMMUNICATIONS AND PETITIONS - CITIZENS TO BE HEARD ANY INDIVIDUAL WITH A DISABILITY WHO WOULD LIKE TO ATTEND THIS MEETING SHOULD CONTACT THE VILLAGE MANAGERS OFFICE AT 100 SOUTH EMERSON STREET, 8471392-6000., TDD 8471392-6064. IX. OLD BUSINESS A. 2nd reading of AN ORDINANCE AMENDING ORDINANCE NO. 4857 RANTING CERTAIN VARIATIONS FOR PROPERTY GENERALLY LOCATED AT 280-290 WESTGATE ROAD IN THE VILLAGE OF MOUNT PROSPECT This ordinance allows the release of escrow funds in lieu of entering, into a covenant for future streetlight expenses. X, NEW BUSINESS A. 1St reading of AN ORDINANCE AMENDING CHAPTER 13 OF THE VILLAGE CODE This ordinance ,amends Chapter 13 (Liquor) of the Village Cade by creating a Class "Z" license, to allow home delivery of retail alcoholic beverages. B. 1st reading of AN ORDINANCE PROVIDING FOR THE PURCHASE OR CONDEMNATION OF LAND FOR REDEVELOPMENT PURPOSES IN THE VILLAGE OF MOUNT PROSPECT, 18 WEST BUSSE AVENUE (YE OLDS. TOWN INN) This ordinance provides for the purchase of a portion of the property at 18 West Busse Avenue for future municipal purposes. C Request for authority to proceed with the issuance of $5,550,000 of taxable general obligation bands to finance property acquisition within the downtown TIF district XI. VILLAGE MANAGER'S REPORT A. Status Report XII. ANY OTHER BUSINESS XIII. CLOSED SESSION Land Acquisition: 5 ILLS 120/ (c) (5) -- "Tho purchase or lease of real property for the use of the public body, including meetings held for the purpose of discussing whether a particular parcel should be acquired." XIV. ADJOURNMENT (Exhibit A) (Exhibit C) Next Ordinance No. 4993 Next Resolution No. 6-99 ORDER OF BUSINESS REGULAR MEETING Meeting Location: Mount Prospect Senior Center 50 South Emerson Street Mount Prospect, Illinois 60056 1. CALL TO ORDER Meeting Date and Time., - Tuesday February 2, 1999 7:30 P.M. 11. ROLL CALL Mayor Gerald "Skip" Farley Trustee George Clowes Trustee Richard Lohrstorfer Trustee Timothy Corcoran Trustee Daniel Nocchi Trustee Paul Hoefert Trustee Irvana Wilks 111111. PLEDGE OF ALLEGIANCE 1TRl V. APPROVE MINUTES OF REGULAR MEETING OF JANUARY 19, 1999 V1. APPROVE BILLS V11. MAYOR'S REPORT A. Appointments V111. COMMUNICATIONS AND PETITIONS - CITIZENS TO BE HEARD ANY INDIVIDUAL WITH A DISABILITY WHO WOULD LIKE TO ATTEND THIS MEETING SHOULD CONTACT THE VILLA GE MA NA GER'S OFFICE A T 100 SOUTH EMERSON ST"RE"ET, 8471392-6000, TDD 8471392-6064. Ix. OLD BUSINESS A. 2nd reading of AN ORDINANCE AMENDING ORDINANCE NO. 4857 GRANTING CERTAIN VARIATIONS FOR PROPERTY GENERALLY LOCATED AT 280-290 WESTGATE ROAD IN THE VILLAGE OF MOUNT PROSPECT This ordinance allows the release of escrow funds in lieu of entering into a covenant for future streetlight expenses. (Exhibit A) X. NEW BUSINESS A. 1't reading of AN ORDINANCE AMENDING CHAPTER 13 OF THE VILLAGE CODE This ordinance amends Chapter 13 (Liquor) of the Village Code by creating a Class d6z" license, to allow home delivery of retail alcoholic beverages. (Exhibit B) B. 1st reading of AN ORDINANCE PROVIDING FOR THE PURCHASE OR CONDEMNATION OF LAND FOR REDEVELOPMENT PURPOSES IN THE VILLAGE OF MOUNT PROSPECT, 18 WEST BUSSE AVENUE (YE OLDS TOWN INN) This ordinance provides for the purchase of a portion of the property at 18 West Busse Avenue for future municipal purposes. (Exhibit C) C. Request for authority to proceed with the issuance of $5,550,000 of taxable general obligation bonds to finance property acquisition within the downtown TIF district X1. VILLAGE MANAGER'S REPORT A. Status Report X11. ANY OTHER BUSINESS X1111. CLOSED SESSION Land Acquisition: 5 ILLS 120/2 (c) (5) — "The purchase or lease of real property for the use of the public body, including meetings held for the 'purpose of discussing whether a particular parcel should be acquired." XIV. ADJOURNMENT '" •4P.� +► - • • �► ORDER OF BUSINESS REGULAR MEETING Meeting Location: Mount Prospect Senior Center 50 South Emerson Street Mount Prospect, Illinois 60056 Meeting Date and Time: Tuesday February 2, 1999 7.30 P.M. i. CALL TO ORDER 11. ROLL CALL Mayor Gerald "Skip" Farley Trustee George Clowes Trustee Richard Lohrstorfer Trustee Timothy Corcoran Trustee Daniel Nocchi Trustee Paul Hoefert Trustee Irvana 'Bilks Ili. PLEDGE OR ALLEGIANCE IV. INVOCATION: Trustee Wilks V. APPROVE MINUTES OF REGULAR MEETING O R JANUARY 19, 1999 V1. APPROVE BILLS VII. MAYOR'S REPORT A. Appointments Vill. COMMUNICATIONS AND PETITIONS - CITIZENS TO BE HEARD ANY INDIVIDUAL WITH A DISABILITY WHO WOULD LIKE TO ATTEND THIS ME"E"TING SHOULD CONTACT THE VILLAGE MANAGER'S OFFICE AT 100 SOUTH EMERSON STREET,, R, 847/392-6000, TDD 8471392-6064. IX. OLD BUSINESS A. 2"d reading of AN ORDINANCE AMENDING ORDINANCE NO. 4857 GRANTING CERTAIN VARIATIONS FOR PROPERTY GENERALLY LOCATED AT 280-290 WESTGATE ROAD IN THE VILLAGE OF MOUNT PROSPECT This ordinance allows the release of escrow funds in lieu of entering into a covenant for future streetlight expenses. (Exhibit A) X6 NEW BUSINESS A. 1't reading of AN ORDINANCE AMENDING CHAPTER 13 OF THE VILLAGE CODE This ordinance amends Chapter 13 (Liquor) of the Village Code by creating a Class "Z" license, to allow home delivery of retail alcoholic beverages. (Exhibit B) B. 1st reading of AN ORDINANCE PROVIDING FOR THE PURCHASE OR CONDEMNATION OF LAND FOR REDEVELOPMENT PURPOSES IN THE VILLAGE OF MOUNT PROSPECT, 18 WEST BUSSE AVENUE (YE OLDE TOWN INN) This ordinance provides for the purchase of a portion of the property at 18 West Busse Avenue for future municipal purposes. (Exhibit C) C. Request for authority to proceed with the issuance of $5,550,000 of taxable general obligation bonds to finance property acquisition within the downtown TIF district X1. VILLAGE MANAGER'S REPORT A. Status Report X11. ANY OTHER BUSINESS XIII. CLOSED SESSION Land Acquisition: 5 ILCS 120/2 (c) (5) — "The purchase or lease of real property for the use of the public body, including meetings held for the purpose of discussing whether a particular parcel should be acquired." XIV. ADJOURNMENT TO: Michael E. Janoms., Village Manager, FROM: Douglas R. Ellsworth, Finance Director�j� �'f DATE: January 28, 1999 SUBJECT: PROPOSED TIF BOND ISSUE PURPOOFJ;ow. To present a recommendation that the Village issue $5.550.000 of taxable general obligation bonds to finance property acquisition within the Downtown TIF District. BACKGROUND: The 1999 approved budget includes $'7,2'75,000 for property acquisition costs within the Village's Downtown Redevelopment Tax Increment Financing District. The budget shows that funds for the acquisitions were to come from one or more bond issues. DISCUSSION: Itis expected that the Village will be closing on the purchase of several Downtown TIF properties within the next three to six months. The estimated purchase price of these properties is $5,450,000. Staff is proposing the issuance of $5,550,000 of taxable general obligation bonds to cover the anticipated property acquisition costs. Following is a summary of the proposed use of funds -. Costs of Issuance $ 34363 Bond Discount 55,1500 Contingencies 101,11,37 Property Acquisition 450 000 T1tal $5,550,000 According to attorneys at both Katten, Muchin & Zavis and Chapman and Cutler the bonds will need to be issued as taxable obligations because the Village will be using bond proceeds to purchase property which is expected to be resold for more than 5% of its ornal purchase price. Proceeds from land sales can be used to meet scheduled debt service payments or to call the bonds prior to maturity. Attached as Exhibit 1 is the estimated debt service schedule for the proposed bond issue. It is estimated the taxable bonds would be issued at an average coupon rate of 5.50%. The bonds would have a maturity date of August 1, 2008. The cost of issuance is estimated at $34,,363. Following is a breakdown of the anticipated 4. costs# R.V. Norene and Associates Financial Advisor $17M3 Katten, Muchin & Zavis Bond Counsel $ 8�550 Moody's Rating Agency $ 59000 Miscellaneous Printing & Advertising $ 33,800 A tentative financing timetable is presented as Exhibit 2. We would anticipate opening sealed bids for the bonds on March 2. 1999 and asking the Board to approve the bond ordinance at its meeting that evenin The bond closing would take place on March 23, 1999. RECOMMENDATION: It is recommended the Village Board authorize staff to proceed with the issuance of $5,5501.,000 of taxable general obligation bonds for purposes of financing property acquisition within the Downtown Tax Increment Financing District. � � M Mount Prospect — $5,5509000 Taxable G-0. Bonds, Series 1999A Interest start date: 03/01/99 First interest payment: 08/01/99 Bid per $1000 NIC Avg coupon Avg life Bond yrs 1000.00000000 5.50000% 5.501000% 6o68333333 379 09 2.50 Interest start date: 03/01/99 First interest payment: 08/01/99 PERIOD ENDING 1 08/01/99 2 08/01/00 3 08/01/01 4 08/01/02 5 08/01/03 6 08/01/04 7 08/01/05 8 08/01/06 9 08/01/07 10 08/01/08 TOTAL �1 DEBT SERVICE SCHEDULE ANNUAL PRINCIPAL RATE INTEREST TOTAL 0.00 1271187w50 1271187w50 6309000000 5.500 3051250w00 9 35, 850. +00 215, 000.00 5.500 270, 6 00.00 4859600o@@ 2351000w00 5.500 258, 775.00 493, 775.00 255, 000.00 5.500 2451850w00 500, 850.00 " 4559OOO o OO 5.500 231, 825.00 686, 825.00 61309000m00 5.500 2069800s00 886, 800.00 6559OOO. '00 5.500 169, 40+0.00 8241400w00 77x0, 000.00 5.500 133, 375.00 903, 375.00 11 655, 000.00 5.500 911025w00 11 746, 025.00 5, 550, 000.00 2, 040, 087.50 7, 590, 087.50 R.V. Norene & Associates, Inc. January 26, 1999 R.V. NORENE & Associates, Inc. H VILLAGE OF MOUNT PROSPECTS ILLINOIS TAXABLE GENERAL OBLIGATION BONDS, SERIES 1999 Tgani,ative finAndu-Timetable, Tuesday, February 2, 1999 - Village staff announce at Village Board meeting the plan to sell bonds on Tuesday, March 2, 1999. Thursday, February 4, 1999 R.V. Norene & Associates, Inc. (RVN&A) mail news release regarding Tuesday, March 2, 1999 bid opening. Fax, text to on Buyer for "New on Calendar" and "Sealed Bids" for Monday, February 8, 119199 edition. RVN&A mail text of Summary Notice of Sale to Wall Street Journal, for publication on Monday, February 22, 1999. RVN&A fax Notice of Sale to SURE BID for bid guarantee structure. Wednesday, February 10, 1999 RVN&A fax/deliver draft of Official Statement, Official Notice of Sale/Bid Form to Village and Bond Counsel for review and telephone comment by Noon, Monday, February 15, 1999. Monday, February 16, 1999 - Village telephone RVN&A with comments on Official Statement. RVN&A provide camera ready text of Official Statement, Official Notice of Sale/Bid Form to printer. - RVN&A mail all information to Moody's for investment rating. - RVN&A fax to CUSIP Bureau for CUSIP number assignment to maturities. Tuesday, February 16, 1999 - Village Board introduce Bond Ordinance. - RVN&A mail (first mailing) printed Official Statement, Official Notice of Sale/Bid Form to dealer banks and investment bankers/underwriters. - RVN&A provide disk to FCI Solutions for insertion of the Official Statement on the Bloomberg System (over 20,000 screens for underwriter types and institutional final investors). Monday, February 22, 1999 - RVN&A publish Summary Notice of Sale in Chicago edition of the Wall Street Journal - this advertisement tells individual investors how to obtain the Official Statement. Tuesday, February 23, 1999 RVN&A mail (second mailing) to investing institutions and investment advisors throughout the United States. Tuesday, March 2, 1999 Bond Bid Opening at 11:00 A.M., C.S.T., at the offices of R.V. Norene & Associates, Inc., 1701 Lake Avenue, Suite 215, Glenview, Illinois. Adoption of Bond Ordinance at regular meeting of the Board that evening. Wednesday, March 3, 1999 Depository notified regarding global book entry. Draft "Final" faxed to purchaser and Bond Counsel for approval on December 3, 1999. Thursday, March 4, 1999 RVN&A complete "Final" Official Statement and provide copies to purchaser for distribution to investors. Tuesday, March 23, 1999 Deliver Bonds to purchaser and receive proceeds. (Board meetings 1st and 3rd Tuesdays) S, 'M T W' Th F S S M T W Th F S 1 2, 3 4 5 6 11 2 3 4 5 6 7 8 9 10 11 12 13 7 8 9 10 11 12 13 14 15 161,, 17 18 19 20 14 1 16 17 18 19 20 21 22 23 24 25 26 27 21 22 23 24 25 26 27 2828 — ------------ 2 30 31 R. V. Norene & Associates, Inc. January 26, 1999 85 Village of Mount Prospect �r Mount P'rosp►ect Illinois INTEROFFICE MEMORANDUM • DATE: JANUARY 28, 1999 SUBJECT: PURCHASE OF PROPERTY 18 WEST BUSSE • The attached Ordinance provides for acquisition of a portion of the Ye Olde Town Inn property. The specific area to be acquired is a 2,279 square foot section of the building that extends due north from the main structure. This portion of the building formerly housed a small bowling alley and is now a vacant space that in the past has been rented out to non-public commercial users. The owner of the property has been previously notified of the Village's 'Interest in this portion of the property. Staff recommends adoption of the Ordinance., I& M EJ/rcc ORDINANCE AN ORDINANCE PROVIDING FOR THE PURCHASE OR CONDEMNATION OF LAND FOR REDEVELOPMENT PURPOSES IN THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS 18 West Busse Avenue WHEREAS, the Village of Mount Prospect, a home rule unit, pursuant to the authority of Article VII, Section 6 of the 1970 constitution of the State of Illinois, is authorized to legislate with respect to matters pertaining to its government and affairs; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have determined and declare that the ,acquisition of the property hereinafter described is necessary and in the public interest and is a matter pertaining to its government and affairs; and WHEREAS, pursuant to its home rule authority as provided in Article VII, Section 6 of the 1970 Constitution of the Mate of Illinois, the President and Board of Trustees of the Village of Mount Prospect have determined and declared it is necessary and in the public interest to acquire for redevelopment the property hereinafter described; and WHEREAS, the Village of Mount Prospect is a municipality which exercises authority pursuant to the Tax Increment Allocation Redevelopment Act, Chapter 65, Act 5, Section 11-74.'1 et seq. of the Illinois Municipal code as set forth in the Illinois Compiled Statutes; and WHEREAS, the Village of Mount Prospect is authorized to acquire property, real or personal, by purchase, donation, lease or eminent domain for the purposes of redevelopment pursuant to the provisions of the Tax Increment Allocation Redevelopment Act, Chapter 65, Act 5, Section 11-74.4--4(c) of the Illinois Municipal Code as set forth in the Illinois compiled Statutes; and WHEREAS, pursuant to the provisions of the Tax Increment Allocation Redevelopment Act, Chapter 65, Act 5, Section 11-74.4-1 et seq. of the Illinois Municipal code as set forth in the Illinois compiled Statutes, the President and Board of Trustees of the Village of Mount Prospect have determined and declared that it is necessary and in the public interest to acquire for redevelopment the property hereinafter described; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have determined and declared that the acquisition of the property hereinafter described is necessary, for redevelopment purposes, is useful, advantageous and desirable for the public welfare; and WHEREAS, the Village of Mount Prospect has heretofore adopted Ordinances designating a Tax Increment Redevelopment Project Area and adopting a Tax Increment Redevelopment Project Plan, commonly known and referred to as the Downtown Redevelopment Plan; and Page 2 of 3 18 W. Busse Ave. WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have determined and declared that the acquisition of the property hereinafter described is necessary and appropriate for the implementation of the Downtown Redevelopment Plan. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That it is hereby determined that the following described real property is necessary and appropriate for the implementation of the Downtown Redevelopment Plan of the Village of Mount Prospect, to wit: The South 1.11 feet of the West 37.37 feet of Lot 2 and the North 60.70 feet of the West 37.37 feet of Lot 4 within Mount Prospect Central District Subdivision of Part of the West Half of Section 12, Township 41 North, Range 11 East of the Third Principal Meridian in Cook County, Illinois, Recorded December 23, 1949, Document 1275902 (Torrens) PERMANENT TAX INDEX NO. 08-12-102-028 SECTION TWO: That pursuant to its home rule power and authority, the President and Board of Trustees of the Village of Mount Prospect hereby determines that it is necessary and desirable that the Village of Mount Prospect acquire the parcel for redevelopment and implementation of the Downtown Redevelopment Plan. SECTION THREE: That pursuant to its powers and authority set forth in the provisions of the Tax Increment Allocation Redevelopment Act, Chapter 65, Act 5, Section 11-74.4-4(c} of the Illinois Municipal Code the Village of Mount Prospect hereby determines that it is necessary and desirable that the Village of Mount Prospect acquire the parcel for redevelopment and implementation of the Downtown Redevelopment Plan. SECTION FOUR: That the Village of Mount Prospect, Cook County, Illinois shall, for the purposes of acquiring real property for redevelopment purposes, acquire a fee simple title free and clear of all taxes, special assessments and liens, and environmental contamination of the hereinabove described Parcel. SECTION FIVE: That the Village Manager, Village Attorney, and the firm of Burke and Ryan, Special Attorneys of the Village of Mount Prospect, be and are hereby authorized, empowered and directed to negotiate for and on behalf of the Village of Mount Prospect and submit an offer in writing to the owner or owners of said parcel. In the event the Village Manager, Village Attorney and Special Attorneys are unable to agree with the owner or owners of said parcel as to the compensation to be paid therefor, then title and possession of said real property shall be acquired by the Village of Mount Prospect through condemnation and the Village Attorney and Special Attorneys are hereby authorized, empowered and directed to institute proceedings in any court of competent jurisdiction to acquire title to and possession of said parcel in the manner prescribed by law, for the purpose of acquiring title to the property hereinabove described. Page 3 of 3 18 W. Busse Ave. SECTION SIX: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: NAYS. - ABSENT: PASSED and APPROVED this day of Gerald L. Farley Village President ATTEST: Velma W. Lowe Village Clerk \\VHkV021DEPT\COMDE\ACDADMIN\BILLkFORMS\ORDINANCE 18 BUSSE.doc BURKE-RYPN CHGO LAA Omcrs ]B U R K E ANX) RYAN 3:3 NORTH 1)"ROORN STARET SUITE 402 WMLIAM E. RYAN CHICAGO, ILLMMS BOGD2 TrmoTHY 1. RYAN Annwn N. Ciousnc TznptEN= 13. McCmm STRPMA M. BURXI r" ---- r C44 it ) I it J. OF i7i-i� John M. Hastings, Wacker Dtive Suite 1760 Chicago, Iffinois 60601 RE 18 West Bunei, Mwmt ftmpect,, Mint& Permment Real Ua* Tax Index Numbtr 06-12-102-M 332/236-131515 IFAX No. 31ae=a-2356 We mv advised fl -tat you X- t the record owner or interested party of the real ytoperty re, above and described on the legal desr�ption attachecl hereto as Exlu-bit A. The Vilkge of Mount Prospect has d&ected that a pvw,-tion of the reknvnced property. be acquired fbr municipal es. cmd redevv1ppineaftL 4age of Mount Prospect to negotiate with the party or parties in We haw been authorized by the interest for the purposes of agreeing as to the compensation to 136 paid for ffie fee simple U* interest in --- a-. the rear p3rUm of the mfmuiced PrOpwrty unproved with an industrial building. The VMW of Mount Prospect heTeby offers your chent the mm of One Hundzed Nineteen Thom=d Six Hundred lifty DdUan ($n9AMW) fbr the fee title inte� to the rear portion of flie - I I ' I-- proved with the Z2n Kuare foot industrial bufldtg sought to be acquired by the Vfllap of F" opm Ly Mount Prospecf� fme sod clear of aU clwbns of olha,P arfift cmd encumbrances, and envircmmenUl , cantanaination. Please be advised this offer reflects a per square foot value [$52.50] considering the m= wvd indush-ial spam togefl-ter. In the event ff* Village ffles an en-dnent dotrilam' 1pmrocm '1! ge appraiser wfll value the industrial building only. If you cam to disam this offer, plewe contact Wilham E. lZyan of this kw firm at the address md telephone numbenr 1jaditated abow. The Villase will consideor and approve an ordinance authorizing the acquiotoo of the indusbiA building by condeninatim or oflxwwise at the February 2, 1999 VMase Boar Meetin& Therefore, if we do not hear from you wiffiin ten (10) days of your V t of this offer we shall assunie ffint you haw rejecw this offer, and the ViRage of Mount Prospect will be in a Position to Me A an emfiient dcffnam& roceeding to acquim the fee simple fnierest in the property. P WZ4 90 --it ** TOTAL PAGE .002 RECEIVED FROM:312 236 2556 P-02 "041#4 'AAM STRIET. mCKMt ploSpecy' IMM04S 6WJ4 Phone, CLI,%QII,(>OK 5.3`311 Al* V_ L 04T VEY routh 1.11 feet of the West A".37 fcetof Lot 2 and r & .0 # %. all 4f Lot 4 In Y-LUdmi-b" P.-AMPECT COEN'TriAL DISTRICT SJBDIYjS-Oj,,, :.art Of the West 112 0A 4ection 12, Town.ship 41 'Iorth,, 2a.1090 � too .. a '41 ck&,t of tIM Tih.'.-d PrinCipai I-s-erid'an, in Cook Cc:.• ;: *! not s, as shown on Piat t�.ereof registered on December 23-d. 19149 as Document %j=ber I375rv',2. .;.ow iC A*Vegr /. oeip eorz [,we to —000 zowe 10.1py .2 Area to be acquired ---------- t' 'e'ej loom ,0 .1 A/ A5 61.5�re_ 600k PC23C 6 KN4" amporrm 't, 01r, certif 1" c*oo fo O -f re COOM Oln �2rc' 6wild 6y ar*� rf Ony e roncoc 0 IN, 0 ,a reo W� rre coo ond Cd 1;% 4NO W WKOr I M1111.0 mis "W 00 P_ V-40 4�1 400. 4. -If STA, 'E6 'OF ILL,140 'COUNT'N"� Of cOOK3 S'4J r`Vel, kcrc.� 6 41 t I OeV kovro Survc, C, plropc' dcscrle�i IV, ,bir'duimf 1"S, 4 Cor'roe� , prO4OnfOt*K'X%, OFSC SU101 nNe4,SUrC6MA:mf:S Ot ............ mow Village of Mount Prospect Mount Prospect, Illinois 104,04l ovwj ridgyfft INTEROFFICE MEMORANDUM 141 FROM: VILLAGE MANAGER MICHAEL E. JANONIS DATE: JANUARY 28,199% SUBJECT: CREATION OF CLASS Z LIQUOR CLASSIFICATION Chapter 13 of the Mount Prospect Village Code covers the licensing, sale and delivery of alcoholic beverages within the Village. Currently, there are 17 different Liquor License classifications. These classifications have developed over time in response to unique circumstances surrounding the sale and delivery of liquor products. The benefit of narrowly defined Liquor License classifications is that the Village retains greater control over the kinds of establishments or circumstances where delivery of alcohol is allowed. Changing consumer trends has seen a proliferation in home shopping type services. Additionally, the popularity of the Internet has made the convenience of home shopping very appealing. A relatively new trend in this area is home shopping for "grocery" type goods and products. The "Peapod" home shopping service offered by Jewel is probably the most well known example of this trend. Recently, the Village was approached by a potential competitor, "Scotty's," who has inquired about the possibility of locating a distribution facility within Mount Prospect. The variety of items offered for sale include food stuffs, various sundries and alcoholic beverages. Upon review of the Village Code, it was noted that there is no specific liquor license category that covers this type of operation. Village Attorney Everette Hill was directed to draft an Amendment to the Liquor Code creating a new License classification. The proposed Amendment is attached for your review and consideration. The most important issue with regard to home delivered sales is that reasonable controls be in place so that minors are prevented from ordering and/or receiving alcoholic beverages. The Ordinance, as proposed, limits delivery of alcoholic beverages to very specific circumstances. First, delivery is restricted to a person-to- person transaction or, with the approval of the Village, a secure lock box system could be implemented. While neither contingency is completely foolproof, the Village does maintain considerable leverage in ensuring the vigilance of the License holder by requiring the posting of a $10,000 cash bond that is subject to furfeit for each and every violation. Obviously, if there were a history of violations by a particular License holder, the Liquor Commissioner could act to revoke the License if circumstances warranted. With the changing marketplace and the evolution of "E-commerce," it is necessary for the Village to make reasonable adjustments in its Code requirements to accommodate the "realities" of the marketplace. By amending the Liquor Code to establish a Class Z License, the Village Board does not automatically create a License in the name of Scotty's or any other potential Licensee. Each entity would have to make application, meet all of the Village's fitness requirements and receive the approval of the Village Board before a License is granted. Staff recommends the Board favorably consider the proposed Amendment. M EJ/rcc *RDINANCE NO, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: 5- E CT 10 N , I w ,t �, That Section 13.107, entitled "Licenses and Permits" of Chapter 13 of the Mount Prospect Village Code shall be amended by adding subparagraph (E) to Subsections (A)(1) to be and read as follows: E. Class Z Retail Home Delivery License. Class Z Retail Home Delivery License, for the delivery of alcoholic liquor to residences within the Village when the sale and delivery of alcoholic liquor is incidental to the sale and delivery of groceries. Such a license may be issued only upon the posting of a $10,000 cash bond with the Village. If a sale or delivery of alcoholic beverages is made in violation of the regulations of this classification or any other regulation of the Village, the cash bond shall be forfeited and if the license is not revoked, a new $10,000 cash bond shall be posted. Pursuant to this Class Z license, alcoholic liquor may be delivered only in one of the two following ways: Person-to-person delivery into the hands of a person providing proof that the person is twenty-one (21) years or older. 2# Delivery to a security box provided by the Licensee to a specific residence within the Village. The security box must be kept locked at all times and be accessible only by a key or a key card. Access to the key or key card must be limited to an adult resident and the licensee. All such security boxes shall be of consistent design throughout the Village and must be bolted or otherwise affixed to a permanent structure. The design, locking mechanism and method of attachment to a permanent structure shall be subject to the approval of the Village. (See Section 13.130F). Subparagraph 3 of Subsection 13.107A shall be amended by adding language indicating that the Class Z license fee shall be Two Thousand dollars SEC` ON .1, That Section 13.130, entitled "Consequences of Facilitating the Use of Alcoholic Beverages By Underage Persons" of Chapter 13 of the Mount Prospect Village Code shall be amended by adding subparagraph (F) to be and read as F. Prohibitions with Respect to a Class Z License, Penalties. 1. No person who receives a Security Box from a Class Z License holder may permit any other person, except someone residing at the same address who is twenty-one (21) years or older, to► use or have access to the Security Box key or Key Card. Any person permitting such access in violation of this subsection shall pay a fine of not less than One Thousand Dollars {$1,000.00). No person other than an individual twenty-one (21) years or older residing at the same address shall use Security Box key or Key Card of another for the purpose of obtaining alcoholic liquor. Any person violating this subsection shall pay a fine of not less than One Thousand Dollars ($1,000.00). 3. It shall be unlawful to deliver alcoholic beverages other than beer or wine pursuant to a Class Z license unless written notification of intent to begin delivery of spirits as defined in this Chapter 13 has been given to the Local Liquor Control Commissioner. -SECTION.4z That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. U1, am I a,►70011* �-,►k PASSED and APPROVED this day of 11999. Gerald L. Farley, Village President ATTEST: 91 I Next Ordinance No. 4993 Next Resolution No. 6-91p, ORDER OF BUSINESS SPECIAL MEETING Meeting Location: Mount Prospect Village Hall, 2"d Floor 100 South Emerson Street Mount Prospect, Illinois 60056 1. CALL TO ORDER Meeting Date and Time: Tuesday January 19, 1999 6:00 P.M. 11. CLOSED SESSION LAND ACQUISITION 5 ILCS 120/2 (c) (5) - "The purchase or lease of real property for the use of the public body, including meetings held for the purpose of discussing whether a particular parcel should be acquired." Ill. ADJOURNMENT MINUTES OF THE REGULAR MEETING OF THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT JANUARY 19, 1999 CALL CALL TO ORDER TO ORDER Mayor Gerald L. Farley called the meeting to order at 7:39 p.m. ROLL CALL ROLL CALL Present upon roll call, Trustee George Clowes Trustee Timothy Corcoran Trustee Paul Hoefert Trustee Richard Lohrstorfer Trustee Daniel Nocchi Trustee Irvana Wilks Mayor Gerald Farley PLEDGE OF PLEDGE OF ALLEGIANCE ALLEGIANCE The Pledge of Allegiance was led by Trustee Clowes. INVOCATION INVOCATION The invocation was given by Trustee Nocchi., MINUTES APPROVAL OF MINUTES Trustee Nocchi, seconded by Trustee Clowes, moved to approve the minutes of the regular meeting of January 5, 1999. Upon roll call: Ayes: Clowes, Lohrstorfer, Wilks, Corcoran, Nocchi, Hoefert Nays: None Motion carried. BILLS APPROVAL OF BILLS Trustee Hoefert, seconded by Trustee Lohrstorfer, moved to approve the following list of bills: General Fund $ 996,033 Refuse Disposal Fund 117,603 Motor Fuel Tax Fund 181,863 Community Development Block Grant Fund 1o327 Local Law Enforcement Block Grant Fd 1997 Asset Seizure Fund Debt Service Fund 1998A Street Improvement Const. Fund 6,130 Capital Improvement Fund 13,683 Police & Fire Building Construction w Capital Improvement Construction Fund 12,015 Downtown Redevelopment Const. Fund 50,468 Street Improvement Construction Fund 1998A Flood Control Construction Fund Flood Control Construction Fund 13,245 Water & Sewer Fund 280,727 Parking System Revenue Fund 3,416 Risk Management Fund 126,919 Vehicle Replacement Fund 665 Vehicle Maintenance Fund 55,441 Computer Replacement Fund Flexcomp Trust Fund 7,907 Escrow Deposit Fund 91,496 Police Pension Fund Fire Pension Fund 4. Benefit Trust Funds $1,958,963 Upon roll call: Ayes: Wilks, Lohrstorfer, Clowes, Hoefert, Corcoran, Nocchi Nays: None Motion carried. FINANCIAL", REPORT FINANCIAL Trustee Hoefert, seconded by Trustee Corcoran, moved for approval of REPORT of the fi ORD. Trustee Hoefert, seconded by Trustee Corcoran, moved for approval of NO. 4989 Ordinance No. 4989: AN ORDINANCE GRANTING A CONDITIONAL USE FOR PROPERTY COMMONLY KNOWN AS 411 S. MAPLE STREET Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Nocchi, Lohrstorfer, Wilks Nays: None Motion carried. SBA 22-98, Luv My Pet, 1026 S. Elmhurst Road ZBA 22-98 An ordinance was presented for first reading, which would grant a LUV MY PET Conditional Use to allow the operation of an itinerant veterinary clinic 1026S. Luv My Pet) in the PetCo retail facility at Golf Plaza 11, 1026 S. ELMHURST Elmhurst Road. RD. Trustee Corcoran, seconded by Trustee Lohrstorfer, moved to waive the rule requiring two readings of an ordinance. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. ORD. Trustee Corcoran, seconded by Trustee Lohrstorfer, moved for NO. 4990 approval of Ordinance No. 4990: AN ORDINANCE GRANTING A CONDITIONAL USE FOR PROPERTY COMMONLY KNOWN AS 1026 S. ELMHURST ROAD Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried., ?ISA 24-98, Text Amendment Defining Vehicle Trailer and Recreational AMEND Vehicle Trailer CH, 14: An ordinance was presented for first reading, which would amend TRAILERS Sections 14.2209 and 14.2401 of the Village Code by defining vehicle DEFINED trailer and recreational vehicle trailer. Trugt6e Hoefert, seconded by Trustee Lohrstorfer, moved to waive the rule 'requiring two readings of an ordinance. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. ORD. Trustee Hoefert, seconded by Trustee Nocchi, moved for approval of NO. 4991 Ordinance No. 4991: AN ORDINANCE AMENDING CHAPTER 14 OF THE VILLAGE CODE Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. ACQUIRE An ordinance was presented for second reading, which would allow the PROPERTY: Village to purchase vacant property at 115 S. Pine Street for future 115 S. PINE municipal purposes, among which would be commercial parking for retail establishments in the immediate area. Page 3 -- January 19, 1999 X:f �BA 09-98 - CARE - MATRIX/ i,1LAJ AGIV F F ZBA 24-98 SELF - STORAGE FACILITIES There was discussion among the Board and Michael Janonis, Village Manager, regarding the monitoring of parking spaces if no commuter parking is allowed. Trustee Nocchi asked William Cooney, Director of Community Development to meet with residents of Pine Street to discuss and clarify the Board's plans for this property. Two residents of the area again requested the Village Board to consider the possible negative impact that commuter parking could create in the neighborhood, and vote against such. Specific concerns were noise and/or fumes from the vehicles, traffic safety, water run- offs, and mosquitoes. After addressing each of these issues, the Board agreed that the ordinance should be considered with the stipulation that the property is not to be used for commuter parking. Trustee Hoefert, seconded by Trustee Wilks, moved for the approval of Ordinance No. 4992, as amended to exclude commuter parking: AN ORDINANCE APPROVING AND AUTHORIZING TME EXECUTION OF A REAL ESTATE PURCHASE CONTRACT FOR PROPERTY AT 115 SOUTH PINE STREET Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. ZBA 00-98, CareMatrix/Walgreens, Southeast corner of Wolf and Kensington Roads The petitioner had requested deferral of this case. 11 Trustee Wilks, seconded by Trustee Corcoran, moved for deferral of ZBA Case No. 09-98, to the February 15, 1999 Village Board meeting. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. ZBA 24-98, Text Amendment to Add Self -Storage Facilities to B-3 Zoning District A text amendment to Chapter 14 of the Village Code was presented. This amendment to 14.703 would add self -storage facilities as a Conditional Use in the B-3 zoning district. The Zoning Board of Appeals had voted 4-3 recommending denial of the amendment. William Cooney, Director of Community Development explained the Zoning Board's position, indicating that the property the Petitioner wishes to use is zoned B-3, that B-3 property is prime commercial real estate and should be reserved for such. Following a lengthy discussion, Trustee Corcoran, seconded by Trustee Nocchi, moved to concur with the Zoning Board of Appeals to deny the proposed text amendment to the Village Code, -- Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. An ordinance was presented for first reading, to ,amend Ordinance No. 4857, allowing the Village to release $26,400 held in escrow, to Page 4 January 19, 1999 Westgate Condominium Association for parking lot improvements. Mr. Janonis provided a brief history, explaining that when Westgate Apartments converted to condominiums previously, the lack of parking spaces and streetlights were major concerns. The Village Board required Mr. Ralph, previous owner of the property, to establish the escrow funds in lieu of installing streetlights around the property, with the funds being utilized by the Association for streetlights if, in the future, the Village determined that streetlights were necessary. The parking lot Improvements have exceeded the Association's estimated amount, creating the need for the $26$400 at this time. The Association, represented by Mr. Jim Murphy, asked the Village to release the escrow funds while allowing them to substitute a covenant to make the appropriate contribution at some future date if the Village should decide to install streetlights. Mr. Janonis suggested conducting the second reading on February 2 to allow ample time for Mr. Katz to review and approve the release of the escrow funds at this time. This ordinance will be presented for second reading at the February 2 meeting of the Village Board. CABLE TV A resolution was presented to approve a now franchise agreement SERVICES: between the Village of Mount Prospect and Ameritech New Media, Inc. AMERITECH, for cable television services within the Village. TCI Trustee Wilks, seconded by Trustee Corcoran, moved for approval of Resolution No. 2-99. Mayor Farley presented several concerns to Mr. Jim Szczepaniak, representing Ameritech, specifically, the length of time in which Ameritech Is allowed to complete construction, beginning on the date the contract Is signed, and secondly, the length of time allowed for Ameritech to correct any violations that it might be notified of. The proposed agreement sets forth 42 months as the construction and activation period, and allows a 45 day period for correcting violations. Ms. Sandy Welcher, representing TCI also addressed questions from the Mayor, after which It was determined that both parties could agree to a 30 month construction period, and a 30 day period to correct violations. Other questions regarding parental control devices were addressed to the Board's satisfaction. Assistant Village Manager David Strahl asked that any amendments to the proposed resolution be approved by TCI, as both companies' contracts are required to meet the same criteria. Trustee Wilks, seconded by Trustee Corcoran, moved to amend the proposed agreement between Ameritech Media and the Village to reflect a 30 month construction and activation period, and a 30 day period in which to correct any violations: Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. RES. Trustee Wilks, seconded by Trustee Corcoran, moved for approval of NO. 2-99 Resolution No. 2-99: Page 5 -- January 19, 19.99 A RESOLUTION APPROVING A FRANCHISE AGREEMENT BETWEEN AMERITECH NEW MEDIA, INC. AND THE VILLAGE OF MOUNT PROSPECT FOR THE INSTALLATION AND OPERATION OF A CABLE TELEVISION SYSTEM WITHIN THE VILLAGE OF MOUNT PROSPECT Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lofirstorfer, Nocchi, Wilks Nays: None Motion carried. A resolution was presented to authorize execution of an agreement with Telenols, Inc. (TCI) for cable services within the Village. RES. Trustee Hoefert, seconded by Trustee Wilks, moved to approve NO. 3-99 Resolution No. 3-99: A RESOLUTION AUTHORIZING EXECUTION OF AN AGREEMENT WITH TELENOIS, INC. (TCI OF ILLINOIS, INC.) TO PROVIDE CABLE TELEVISION SERVICES IN THE VILLAGE OF MOUNT PROSPECT Upon roll call: Ayes: Cloves, Corcoran, Hoefert, Lohr'storfer, Nocchi, Wilks Nays: None Motion carried. REMOVE The next item listed on the agenda, a resolution extending the AGENDA franchise agreement between TCI and the Village, for six months, was ITEM: TCI no longer required since the Board had agreed to enter into new agreements with TCI and Ameritech. Trustee Corcoran, seconded by Trustee Lohrstorfer, moved to remove the following item from the January 19, 1999 agenda: A RESOLUTION EXTENDING THE TELENOIS, INC. CABLE COMMUNICATIONS FRANCHISE FOR SIX MONTHS ENDING AUGUST 1, 1999 Upon roll call: Ayes: Cloves, Corcoran, Hoefert, Lofirstorfer, Nocchi, Wilks Nays: None Motion carried, EXTEND AGRMT. A resolution was presented to extend the agrd-ernent date with Town-" DATE: TOWN Centre, L.L.C. to February 19, 1999, for the downtown redevelopment CENTRE project. RES. Trustee Hoefert, seconded by Trustee Lohrstorfer, moved for approval NO. 4-99 of Resolution No. 4-99: A RESOLUTION AMENDING RESOLUTION NO. 53-98 RELATIVE TO NEGOTIATING WITH TOWN CENTRE, L.L.C. FOR THE DOWNTOWN REDEVELOPMENT PROJECT Upon roll call: Ayes: Cloves, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks, Nays: None Motion carried. TRANSFER A resolution was presented to authorize the transfer of the Village's OF VOLUME volume cap funds to the city of Rockford, Illinois in the amount of CAPFUNDS $2,702,000, in support of the sale of tax exempt bonds to acquire and develop a rental town home community in Rockford. 'Page 5 January 19, 1999 RES. Trustee Hoefert, seconded by Trustee Clowes, moved for passage of NO. 5-99 Resolution No. 5-99: A RESOLUTION AUTHORIZING THE REALLOCATION OF THE VILLAGE'S 1999 PRIVATE ACTIVITY BOND VOLUME CAP TO THE CITY OF ROCKFORD, ILLINOIS Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchl, Wilks Nays: None Motion carried. MANAGER'S VILLAGE MANAGER'S REPORT REPORT Mr. Janonis presented the following bid results for one multi -section snowplow to replace one which no longer meets the needs of the BID RESULTS: Village: SNOWPLOW BIDDE AMOUNI R. H. Lyons Equipment$11,989.00 Hell -Chicago, Inc. 12j 85.00 Spring -Align Company 12,222.00 Trustee Nocchi, seconded by Trustee Hoefert, moved to concur with R. H. LYONS the recommendation of staff to accept the lowest bid from R. H. Lyons Equipment in an amount not to exceed $11,989.00 for a multi -section snowplow. Upon roll call: Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchl, Wilks Nays: None Motion carried., CADASTRAL Sean Dorsey, Deputy Director of Public Works presented the following DATA proposals for a Cadastral Data Verification and Creation software SOFTWARE program contract: PROGRAM AMQUNI The Sidwell Company $71o570.00 GeoAnalytics 75t000o00 THE SIDWELL Trustee Corcoran, seconded by Trustee Wilks, moved to concur with COMPANY the recommendation of staff to award a contract to the Sidwell Company for a Cadastral Data Verification and Creation software program. Upon roll call, Ayes: Clowes, Corcoran, Hoefert, Lohrstorfer, Nocchi, Wilks Nays: None Motion carried. CHANGE Mr. Janonis presented a Change Order No. 1 for the construction of ORDER: Stage I of the Downtown Streetscape Program, to cover an increase in STREET- the contract amount with Martam Construction. SCAPE PROGRAM The original contract amount approved by the Village Board was $556,566.60; the final contract amount is $587,324.08, which is a $30,757.48 increase. Trustee Corcoran, seconded by Trustee Lohrstorfer, moved for approval of Change Order No. 1 for the Downtown Streetscape Program. Upon roll call: Ayes: Clowes, Corcoran, Wilks, Lohrstorfer', Noc chi, Hoefert Nays: None. Page 7 — January 19, 1999 OTHER BUSINESS CLOSED SESSION I Motion carried. ANY OTHER BUSINESS Trustee Clowes, referred to a recent article in the Chicago Tribune Newspaper, encouraged the Village Manager to continue the conducting of disaster drill training for staff. He also expressed his concerns with the Village's Internet page and mentioned specific areas In which it either has incorrect information or is lacking In Information. He was complimentary of Trustee Wilks' web page. Trustee Wilks stated that she had recently received calls from residents who were concerned that the Village does not require residents to clear their sidewalks of snow. This led to a brief discussion in which Mr. Janonis expressed his reservations, as it could create a hardship for senior citizens and those physically unable to remove the snow. Trustee Hoefert asked for an update on the status of the proposed Prospect Heights arena, and asked the Board to revisit Prospect Heights authorities, with regards to any Impact that it might have on Mount Prospect's traffic. Mr. Janonis responded that he would make contact with them in the very near future, CLOSED SESSION Mayor Farley stated that there was no need for a Closed Session as the Board had held a Special Closed Session earlier in the evening. ADJOURNMENT Trustee Hoefert, seconded by Trustee Wilks, moved to adjourn the meeting. Upon roll call: Ayes: Lohrstorfer, Wilks, Clower, Hoefert, Corcoran, Nocchi Nays: None Motion carried. The meeting was adjourned at 10:03 p.m. Page 8 — January 19, 1999 ORDINANCE NO. AN ORDINANCE AMENDING ORDINANCE NO. 4857 (ORDINANCE NO, 4857 GRANTING CERTAIN VARIATIONS FOR PROPERTY GENERALLY LOCATED AT 280-290 WESTGATE ROAD) IN THE VILLAGE OF MOUNT PROSPECT, ILLINOIS WHEREAS, , Ordinance No. 4857 granted certain variations when the improvements located at 280-290 Westgate Road were converted from rental apartments to condominiums pursuant to the Mount Prospect Code of Ordinances; and WHEREAS, the subject property is legal described as follows: Lot 17 in C. A. Goetz Prospect Gardens, being a subdivision of the West half of the southeast 1/4 together with the East 2/3 of the North 3/4 of the Northwest 1/4 of the Southwest 14 of Section 35, Township 42 North, Range 11, East of the Third Principal Meridian, in Cook County, Illinois ("Subject Property"); and WHEREAS, the Petitioner has placed Twenty Six Thousand Four Hundred ($26,400.00) Dollars in an escrow account for the installation of street lighting as required by Village Code; and WHEREAS, the Village has determined that the installation of the street lights is not necessary at this time; BE IT THEREFORE ORDAINED by the President and Board of Trustees acting in the exercise of their home rule powers: a SECTION 1: Ordinance No. 4857 shall be amended by adding a new Section 3A which shall read as follows: Sec. 3A. The cash escrow account for the Subject Property shall be reduced by Twenty Six Thousand Four Hundred ($26,400.00) Dollars at such time as this Petitioner executes a Covenant Running with the Land, as approved by the Village Attorney, that guarantees that the property owners association or its successor will pay for the installation of street lighting, acceptable to the Village, at such time as the installation is demanded by the Village. SECTION 2: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. r_� ABSENT: PASSED and APPROVED this day of 1999'. Gerald L. Farley, Village President ATTEST: Velma W. Lowe, Village Clerk C:\OFFICE\WPWINkWPDOCS\MP\ORDS\AMD4857.ORD ,oun Village of M' t Prospect Mount Prospect, Illinois INTEROFFICE MEMORANDUM Z�2 j � TO: MAYOR GERALD L. PARLEY AND BOARD OF TRUSTEES FROM: VILLAGE MANAGER MICHAEL E. JANONIS DATE: JANUARY 28, 1999 SUBJECT: CREATION OF CLASS Z LIQUOR CLASSIFICATION Chapter 13 of the Mount Prospect Village Code covers the licensing, sale and delivery of alcoholic beverages within the Village. Currently, there are 17 different Liquor License classifications. These classifications have developed over time in response to unique circumstances surrounding the sale and delivery of liquor products. The benefit of narrowly defined Liquor License classifications is that the Village retains greater control over the kinds of establishments or circumstances where delivery of alcohol is allowed. Changing consumer trends has seen a proliferation in home shopping type services. Additionally, the popularity of the Internet has made the convenience of home shopping very appealing. A relatively new trend in this area is home shopping for "grocery" type goods and products. The "Peapod" home shopping service offered by Jewel is probably the most well known example of this trend. Recently, the Village was approached by a potential competitor, "Scotty's," who has inquired about the possibility of locating a distribution facility within Mount Prospect. The variety of items offered for sale include food stuffs, various sundries and alcoholic beverages. Upon review of the Village Code, it was noted that there is no specific liquor license category that covers this type of operation. Village Attorney Everette Hill was directed to draft an Amendment to the Liquor Code creating a new License classification. The proposed Amendment is attached for your review and consideration. The most important issue with regard to home delivered sales is that reasonable controls be in place so that minors are prevented from ordering and/or receiving alcoholic beverages. The Ordinance, as proposed, limits delivery of alcoholic beverages to very specific circumstances. First, delivery is restricted to a person-to- person transaction or, with the approval of the Village, a secure lock box system could be implemented. While neither contingency is completely foolproof, the Village does maintain considerable leverage in ensuring the vigilance of the License holder by requiring the posting of a $10,000 cash bond that is subject to forfeit for each and every violation. Obviously, if there were a history of violations by a particular License holder, the Liquor Commissioner could act to revoke the License if circumstances warranted. With the changing marketplace and the evolution of "E-commerce," it is necessary for the Village to make reasonable adjustments in its Code requirements to accommodate the "realities" of the marketplace. By amending the Liquor Code to establish a Class Z License, the Village Board does not automatically create a License in the name of Scotty's or any other potential Licensee. Each entity would have to make application, meet all of the Village's fitness requirements and receive the approval of the Village Board before a License is granted. Staff recommends the Board favorably consider the proposed Amendment. M EJ/rcc 41RDINANCE NO. .... ...... BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: DT That Section 13.107, entitled "Licenses and Permits" of Chapter 13 of the Mount Prospect Village Code shall be amended by adding subparagraph (E) E. Class Z Retail Home Delivery License. Class Z Retail Home Delivery License, for the delivery of alcoholic liquor to residences within the Village when the sale and delivery of alcoholic liquor is incidental to the sale and delivery of groceries. Such a license may be issued only upon the posting of a $10,000 cash bond with the Village. If a sale or delivery of alcoholic beverages is made in violation of the regulations of this classification or any other regulation of the Village, the cash bond shall be forfeited and if the license is not revoked, a new $10,000 cash bond shall be posted. Pursuant to this Class Z license, alcoholic liquor may be delivered only in one of the two following ways: Person-to-person delivery into the hands of a person providing proof that the person is twenty-one (21) years or older. 2. Delivery to a security box provided by the Licensee to a specific residence within the Village. The security box must be kept locked at all times and be accessible only by a key or a key card. Access to the key or key card must be limited to an adult resident and the licensee. All such security boxes shall be of consistent design throughout the Village and must be bolted or otherwise affixed to a permanent structure. The design, locking mechanism and method of attachment to a permanent structure shall be subject to the approval of the Village. (See Section 13.130F). SECTION 2* Subparagraph 3 of Subsection 13.107A shall be amended by 4 adding language indicating that the Class Z license fee shall be Two Thousand dollars ($2,000.00). 5,EGII NL.I,*,, That Section 13.130, entitled "Consequences of Facilitating the Use of Alcoholic Beverages By Underage Persons" of Chapter 13 of the Mount Prospect Village Code shall be amended by adding subparagraph (F) to be and read as F. Prohibitions with Respect to a Class Z License, Penalties. No person who receives a Security Box from a Class Z License holder may permit any other person, except someone residing at the same address who is twenty-one (21) years or older, to use or have access to the Security Box key or Key Card. Any person permitting such access in violation of this subsection shall pay a fine of not less than One Thousand Dollars ($1,000.00). 2. No person other than an individual twenty-one (21) years or older residing at the same address shall use Security Box key or Key Card of another for the purpose of obtaining alcoholic liquor. Any person violating this subsection shall pay a fine of not less than One Thousand Dollars ($17000.00). 3. It shall be unlawful to deliver alcoholic beverages other than beer or wine pursuant to a Class Z license unless written notification of intent to begin delivery of spirits as defined in this Chapter 13 has been given to the Local Liquor Control Commissioner. I QN 4*1 SE -CTI, . That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law., AYES: NAYS: ABSENT: PASSED and APPROVED this day of 1999. Gerald L. Farley, Village President ATTEST, Village of cunt Prospect Mount Prospect, Illinois INTEROFFICE MEMORANDUM 10BO TO* MAYOR GERALD L. FARLEY AND BOARD OF TRUSTEES FROM: VILLAGE MANAGER MICHAEL E. JANONIS DATE: JANUARY 28, 1999 SUBJECT: PURCHASE OF PROPERTY 18 WEST BUSSE AVENUE The attached Ordinance provides for acquisition of a portion of the Ye Olde Town Inn property. The specific area to be acquired is a 2,279 square foot section of the building that extends due north from the main structure. This portion of the building formerly housed a small bowling alley and is now a vacant space that in the past has been rented out to non-public commercial users. The owner of the property has been previously notified of the Village's interest in this portion of the property. X M EJ/rcc C ORDINANCE NO, AN ORDINANCE PROVIDING FOR THE PURCHASE OR CONDEMNATION OF LAND FOR REDEVELOPMENT PURPOSES IN THE VILLAGE OF MOUNT PROSPECT, COOK. COUNTY, ILLINOIS 18 West Busse Avenue WHEREAS, the Village of Mount Prospect, a home rule unit, pursuant to the authority of Article VII, section 6 of the 1970 constitution of the stag of Illinois, is authorized to legislate with respect to matters pertaining =to its government and affairs; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have determined and declare that the acquisition of the property hereinafter described is necessary and in the public interest and is a matter pertaining to its government and affairs; and WHEREAS, pursuant to its home rule authority as provided in Article Vll, section 6 of the 1970 Constitution of the state of Illinois, the President and Board of Trustees of the Village of Mount Prospect have determined and declared it is necessary and in the public interest to acquire for redevelopment the property hereinafter described; and WHEREAS, the Village of Mount Prospect is a municipality which exercises authority pursuant to the Tax Increment Allocation Redevelopment Act, Chapter 65, Act 5, Section 11 -74.1 et seq of the Illinois Municipal code as set forth in the Illinois Compiled statutes; and WHEREAS, the Village of Mount Prospect is authorized to acquire property, real or personal, by purchase, donation, lease or eminent domain for the purposes of redevelopment pursuant to the provisions of the Tax Increment Allocation Redevelopment Act, Chapter 65, Act 5, section 11-74.4-4(c) of the Illinois Municipal Code as set forth in the Illinois Compiled statutes; and WHEREAS, pursuant to the provisions of the Tax Increment Allocation Redevelopment Act, Chapter 65, Act 5, section 11-74.4-1 et seq. of the Illinois Municipal Code as set forth in the Illinois compiled statutes, the President and Board of Trustees of the Village of Mount Prospect have determined and declared that it is necessary and in the public interest to acquire for redevelopment the property hereinafter described; and WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have determined and declared that the acquisition of the property hereinafter described is necessary, for redevelopment purposes, is useful, advantageous and desirable for the public welfare; and WHEREAS, the Village of Mount Prospect has heretofore adopted ordinances designating a Tax Increment Redevelopment Project Area and adopting a Tax Increment Redevelopment Project Plan, commonly known and referred to as the Downtown Redevelopment Plan; and Page 2 of 3 18 W. Busse Ave, WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have determined and declared that the acquisition of the property hereinafter described is necessary and appropriate for the implementation of the Downtown Redevelopment Plan. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: That it is hereby determined that the following described real property is necessary and appropriate for the implementation of the Downtown Redevelopment Plan of the Village of Mount Prospect, to wit: The South 1.11 feet of the West 37.37 feet of Lot 2 and the North 60-70 feet of the West 37.37 feet of Lot 4 within Mount Prospect Central District Subdivision of Part of the West Half of Section 12, Township 41 North, Range 11 East of the Third Principal Meridian in Cook County, Illinois, Recorded December 23, 1949, Document 1275902 (Torrens) SECTIDN TWO: That pursuant to its home rule power and authority, the President and Board of Trustees of the Village of Mount Prospect hereby determines that it is necessary and desirable that the Village of Mount Prospect acquire the parcel for redevelopment and implementation of the Downtown Redevelopment Plan. SECTIONTIT REE' : That pursuant to its powers and authority set forth in the provisions of the Tax Increment Allocation Redevelopment Act, Chapter 65, Act 5, Section 11-74.4-4(c) of the Illinois Municipal code „the Village of Mount Prospect hereby determines that it is necessary and desirable that the Village of Mount Prospect acquire the parcel for redevelopment and implementation of the Downtown Redevelopment Plan. SECTION FOUR: That the Village of Mount Prospect, Cook County, Illinois shall, for the purposes of acquiring real property for redevelopment purposes, acquire a fee simple title free and clear of all taxes, special assessments and liens, and environmental contamination of the hereinabove described Parcel. SECTION FIVE: That the Village Manager, Village Attorney, and the firm of Burke and Ryan, Special Attorneys of the Village of Mount Prospect, be and are hereby authorized, empowered and directed to negotiate for and on behalf of the Village of Mount Prospect and submit an offer in writing to the owner or owners of said parcel. In the event the Village Manager, Village Attorney and Special Attorneys are unable to agree with the owner or owners of said parcel as to the compensation to be paid therefor, then title and possession of said real property shall be acquired by the Village of Mount Prospect through condemnation and the Village Attorney and Special Attorneys are hereby authorized, empowered and directed to institute proceedings in any court of competent jurisdiction to acquire title to and possession of said parcel in the manner, prescribed byJaw, for the purpose of acquiring title to the property hereinabove described.' Page 3 of 3 18 W. Busse Ave. SECTION SIX: That this Ordinance shall be in full force and effect from and after its passage, approval and publication in pamphlet form in the manner provided by law. AYES: NAYS: ABSENT: PASSED and APPROVED this day of J 1999., Gerald L. Farley Village President ATTEST* Velma W. Lowe Village Clerk WHW02\0 EPTTOM DBAC DAD M I N\B ILLTORMS\0 RD INANCE 18 BUSSE.doc RL,* 18 Weit Busst., MountElinofs Dear Mr. HastkW: We am advised that you represen ffte record owner or interested party of the real bLvd above and desai6ed on the legal description attachecl hereto as Ekluibit A. The w e of MountProspect redevelopmenL We haw been authorized by the Village of Mount Prospect to negotiate with the party or pwlies in inWrest fbr the purposes of agreeing as to the compmmItion to 1* paid for the fee simple fitle munest in the rear porUmOfthe mfmertced p=perty improved with an industrial btWding. The VgUge of Mount Ph)spect hereby offers your chent the sum of One Hundred Mneteen lhous=d Six Hundred Fifty Doll= (W9AXW) fbr the fee title inhwest to the mu portion of the miermwed improved with the Z279 square foot industrial building sought to be acquired by the ViRage of Mount • " t► w " " rj wMi of r ! claims of other • Vrf1 and encumbrances, and envirmn-tental contaixtu" ation. Please be advised this offer reflects a per square foot value [$52.50] the considering i Villageretag and industrial space together. In the event the building If you cam to disam this offer, please contact WMiam E. Ryan of this kw firm at the ad&e" and telephone number ► w • w i • VfflaVwiII consideTand approve . ordinance I'll " h ocquisibbn ofthe industrial buildmg bycondenmaWnor li t« « at . February • w w r - Boar Them4are, if we do not bear from you r days of your receipt tr6-ds offer we shall assume flud you haw rejected this offer, and the e of Mount Prospect wiR be in a position to We «� «� A an Y to acquuire ete fiee simple interest in the property. wlr enCL m TOTAL PAGE . 002 *:}t 01-27-99 1S: 28 RECEIVED FROM : 31 2 236 2SS6 P _92 FROM BURKE-RYANPAGE . 002 "W 0MCES ]BuRKE AND RYAN 33 NonTH rJ4M15011H STRETT SUITE 4132 WMLIAM E. RYAN TMOTHY 1. RYAN CNcCAGO, ILS NMS 806132 312/238-13x6 ARTHun N. CHRUsTIE PAX No. 312 rz3a.2356 '1'a RM= n. MCCAss STSPIMN M. 8UnxM V M iZL RET RECEIPT Q UES D lanuarY 27,1999a John M. Hastings, Esq. 35 E. Ww1ce r Drive Ste 1760Chicano, Ilfinois 6MM RL,* 18 Weit Busst., MountElinofs Dear Mr. HastkW: We am advised that you represen ffte record owner or interested party of the real bLvd above and desai6ed on the legal description attachecl hereto as Ekluibit A. The w e of MountProspect redevelopmenL We haw been authorized by the Village of Mount Prospect to negotiate with the party or pwlies in inWrest fbr the purposes of agreeing as to the compmmItion to 1* paid for the fee simple fitle munest in the rear porUmOfthe mfmertced p=perty improved with an industrial btWding. The VgUge of Mount Ph)spect hereby offers your chent the sum of One Hundred Mneteen lhous=d Six Hundred Fifty Doll= (W9AXW) fbr the fee title inhwest to the mu portion of the miermwed improved with the Z279 square foot industrial building sought to be acquired by the ViRage of Mount • " t► w " " rj wMi of r ! claims of other • Vrf1 and encumbrances, and envirmn-tental contaixtu" ation. Please be advised this offer reflects a per square foot value [$52.50] the considering i Villageretag and industrial space together. In the event the building If you cam to disam this offer, please contact WMiam E. Ryan of this kw firm at the ad&e" and telephone number ► w • w i • VfflaVwiII consideTand approve . ordinance I'll " h ocquisibbn ofthe industrial buildmg bycondenmaWnor li t« « at . February • w w r - Boar Them4are, if we do not bear from you r days of your receipt tr6-ds offer we shall assume flud you haw rejected this offer, and the e of Mount Prospect wiR be in a position to We «� «� A an Y to acquuire ete fiee simple interest in the property. wlr enCL m TOTAL PAGE . 002 *:}t 01-27-99 1S: 28 RECEIVED FROM : 31 2 236 2SS6 P _92 FOUR 104 VVI I l e i r A I (T, A*ACXjN t w 0 O I tC T. rl L S #W S4 T<ewt* -'c** / ,+CT �+w.7rJ� 4�1 `' I. PL,AT U SU VF.Y South :.11 feet of t!�e %►mjt :"".'? fee: of :.o� 2 and a1: -if :.+o: �• :n :��` ` "'" c .ter part of the West 1/2 or ars � w .�►�.�.. P:��st�ECT �..�..t,�� �i ;T�ICT SJ�A�rr�s��r� tion �,� � 'I`o+�ship 41 .forth. �`szt o'' •� Thi.rd F':� ir.w ipa 1 f�erid�an :.n .., shown on Plat thereof registered on December 23-d. 19"10 •. "; _ ,. Cook Ce. as �ioru�ent �.��.bc. . 3?59CO2. p. t wv C.wf a O. /r e -oar; c,wr jfeP, A ee-41 toy? : q►.✓� tnf Area to be acquired --_________.. lot cv -4a r .. « sn 4i) I's D, r dc ic, d, «„ v, rc^ C ,.f� . J,,,* q cou#4,ry aI, coo' 3,3s: F x kcrr.6)e Celloltoif/ 4*�ot; I kovr, sury Voc P, rsd 40 �4 «'' ��$01, I 's nzi,wn, I <3 1 w «,d TOO Michael E. Janoms, Village Manager. FROM: Douglas R. Ellsworth, Finance Director DATA.: January 28., 1999 PU'RPOSE: To present a recommendation that the Village issue $5,550,000 of taxable general obligation bonds to finance property acquisition within the Downtown TIF District. BACKGROUND: The 1999 approved budget includes $71,275,000 for property acquisition costs within the Village's Downtown Redevelopment Tax Increment Financing District. The budget shows that ftmds for the acquisitions were to come:firom one or more bond issues. DISCUSSION: It is expected that the Village will be closing on the purchase of several Downtown TIF properties within the next three to six months. The estimated purchase price of these properties is $5,450,0000 Staff is proposing the issuance of $5,550,,000 of taxable general obligation bonds to cover the anticipated property acquisition costs. Following is a summary of the proposed use of fimds: Costs of Issuance $ 341363 on Discount 55500 Contingencies 103P 137 Fr-roperty Acquisition -5,141,504,000 Total $51 2,55 00 According to attorneys at both Katten, Muchin & Zavis and Chapman and Cutler the bonds will need to be issued as taxable obligations because the Village will be using bond proceeds to purchase property which is expected to be resold for more than 5% of its original purchase price. Proceeds from land sales can be used to meet scheduled debt service payments or to call the bonds; prior to maturity. Attached as Exhibit 1 is the estimateddebt service schedule for the proposed bond issue. It is estimated the taxable bonds would be issued at an average coupon rate of 5.50%. The bonds would have a maturity date of August 1, 2008. The cost of issuance is estimated at $34,,363. Following is a breakdown of the anticipated costs: R.V. Norene and Associates Financial Advisor $17,013 Katten, Muchin & Zavis Bond Counsel $ 8)550 Moody's Rating Agency $ 5,000 Miscellaneous Printing &Advertising $ 3,800 A tentative financing timetable is presented as Exhibit 2. We would anticipate opening sealed bids for the bonds on March 2. 1999 and asking the Board to approve the bond ordinance at its meeting that evening. The bond closing would take place on March 23, 1999. RECOMMENDATION: It is recommended the Village Board authorize staff to proceed with the issuance of $5,5501,000 of taxable general obligation bonds for purposes of financing property acquisition within the Downtown Tax Increment Financing District. cfi � '� TABLE A-1mr .0 m11� A R, Mount Prospect — $5,550,000 Taxable G.O. Bonds, Series 1999A Interest start date: 03/01/99 First interest payment: 08/01/99 Bid per $1000 1000400000000 NIC 5050000% Avg coupon 5050000% Avg life 6.66333333 Bond yrs. 37, 092.50 Interest start date: 103/01/99 First interest payment: 08/01/99 PERIOD ENDING 1 08/01/99 2 08/01/00 3 08/01/01 4 08/01/02 5 08/01/03 6 08/01/04 7 08/01/05 a 08/01/06 9 08/01/07 10 08/01/08 TOTAL DEBT SERVICE SCHEDULE ANNUAL PRINCIPAL RATE 0600 9359250w00 6309000800 5.500 215, 000.00 5.500 2359000o00 5.500 2559000aW 5.500 45510013w00 5m500 6809000000 5w500 6559000,00 5,500 7709000w00 5m500 196559000o00 5.500 21040,087o50 795909087,50 59 550, 1000* 00 R.V. Norene & Associates, Inc. January 26, 1999 INTEREST TOTAL 127,187,50 1279187w50 305,230s00 9359250w00 2701600s00 4851600w00 258,775,00 493, 775.00 2451850s00 5009 850.00 231, 825.00 686, ®25.00 2061800w00 886,800000 1699400w00 6249400w00 133, 375.00 903, 375.00 917025o0O 117469 025.00 21040,087o50 795909087,50 . . . . . .......... . min ......... 11-11�ll""I'll""I'll",'ll,�""","","",-"",,- ­­ - ` �i � - f-% w 1k, I N.V. NORE-NEA-Asrsociat fn ers- .... .... I -Aur. or ivjuuii-t - rriuzz rmt,; I ILLINUlb- TAXABLE GENERAL OBLIGATION BONDS, SERIES 1999 101319,11M9 El",.nawd Tlirnej,hwwq Tuesday, February 2, 1999 Village staff announce at Village Board meeting the plan to sell bonds on Tuesday, March 2, 1999. Thursday, February 4, 1999 R.V. Norene & Associates, Inc. (RVN&A} mail news release regarding- Tuesday, March 2, 1999 bid opening. Fax text to Bond Buyer, for "New on Calendar' and "Sealed Bids" for Monday, February 8, 199�9 edition. RVN&A mail text of Summary Notice of Sale to Wall Street Journal for, publication on Monday, February 22, 1999. RVN&A fax Notice of Sale to SURE BID for bid guarantee structure. Wednesday, February 1 Ol 1999 RVN&A fax/deliver draft of Official Statement, Official Notice of Sale/Bid Form to Village and Bond Counsel for review and telephone comment by Noon, Monday, February 15, 1999. Monday, February 15, 1999 Village telephone RVN&A with comments on Official Statement. RVN&A provide camera ready text of Official Statement, Official Notice of Sale/Bid Form to printer. RVN&A mail all information to Moody's for investment rating. RVN&A fax to CUSIP Bureau for CUSIP number assignment to maturities. Tuesday, February 16, 1999 Village Board introduce Bond Ordinance. RVN&A mail (first mailing) printed Official Statement, Official Notice of Sale/Bid Form to dealer banks and investment ban ke rs/unde rwriters. RVN&A provide disk to FCI Solutions for insertion of the Official Statement on the Bloomberg System (over 20,000 screens for underwriter types and institutional final investors). Monday, February 22, 1999 RVN&A publish Summary Notice of Sale in Chicago edition of the Wall Street Journal — this advertisement tells individual investors how to obtain the Official Statement. Tuesday, February 23, 1999 - RVN&A mail (second mailing) to investing institutions and investment advisors throughout the United States. Tuesday, March 2, 1999 - Bond Bid Opening at 11:00 A.M., C.S.T., at the offices of R.V. Norene & Associates, Inc., 1701 Lake Avenue, Suite 215, Glenview, Illinois. Adoption of Bond Ordinance at regular meeting of the Board that evening. Wednesday, March 3, 1999 Depository notified regarding global book entry. Draft "Final" faxed to purchaser and Bond Counsel for approval on December 3, 1999. Thursday, March 4, 1999 RVN&A complete "Final" Official Statement and provide copies to purchaser for distribution to investors. Tuesday, March 23, 1999 Deliver Bonds to purchaser and receive proceeds. (Board meetings 1st and 3rd Tuesdays) R. V. Norene & Associates, Inc. January 26, 1999 S M T W Th F S S NI T W Th F S 1 2, 3 4 5 6 1 2 3 4 5 6 7 8 9 10 11 12 13 7 8 9 10 11 12 13 14 15 '16, 17 18 19 20 14 '15 16 17 18 19 20 21 22, 2 '3 24 25 26 27 21 22 23 24 25 26 27 218 ... 28 29, 30 31 R. V. Norene & Associates, Inc. January 26, 1999 f , `# ll�llrll AlAWnt, 111-111-11111 TPI X ILA A4khAcj',' rilllw4j. c(, VILL, AG'jr CLER jdhii dI At "'M'Loh 9 0 jt Of a, f V61'Mqg:"' Npect livoll"6114" Wilk's 100 Sou th Emerson Street 0, Phone.- UOunt Prospect, III Fax, Inols 60056 TDD. - N 0 T I C THE MONDAY, FEBRUARY It 1999?4EETING OF REV7EW IjOARD RAS -F BE 'N CANCELLED. AN AGENDA, WIL BE SENT pR'j0p SCHEDULED MWETING. HE NEXT Dated ffil*s 25th day of january 1999. 1 EL-D0C IV, \\VES" OMEP'nCOMDF. "i'GEWL CVCA , ML..IM MAYOR` Gerald .[,.«. Farley Michael E. Janonis! TRUSTEES .. 'VILLAGE CLERK George A. Clowes Velma Lowe "Timothy J. Corcoran Paul Wm. H%efert _ P'r'ospeet Richard M. P..Cihrstnrer "un'' Thune: 847/392-6000 Daniel A.1' lncehl m Iry na K.'IJ elks 100 South Emerson Street Mount Prospect, Illinois 60056 Fax: 847/392-6022 TIT. 847/'392-6064 Pj.,0 T I C E w WEDNESDAY9 FEBRUARY 311999 MIEETING OF THE PLAN COAUMSSI N HAS BEEN CANCELLED* AN AGENDA WILL BE SENT PRIOR TO T NEXT'' SCHEDULED ED MIEETINGr Dated this 27th day of January 1999. IV, \\VES" OMEP'nCOMDF. "i'GEWL CVCA , ML..IM Director 41 'A WatiRr/Sawer SupeOntoodent Glen R. Andler -MINI eriok k T bbbnovan Deputy Director Streets/Buildings Superintendent Sean P Dorsey Paul C. Bures Village Engineer Forestry/Grounds Superintendent Jeffrey A. Wulbecker Sandra M. Clark Adm . , inistrative Aide Vehicle/Equipment Supeeintendent Dawn L. Wucki James E. Guenther Solid Waste Coordinator M. Lisa Angell 'ount Prospect OWN21lublic Works Department 1700 W. Central Road, Mou'nt Prospect, Illinois 60056-2229 Phone 847/870-5640 Fax B47/253-9377 TOO E347/392-1235 I THE FEBRUARY 81 1999 MEETING OF THE SAFETY COMMISSION HAS BEEN CANCELLED, THE NEXT REGULAR MEETING WILL BE HELD ON MONDAY, MARCH 81 1999 AT 7N*30 P,Mv AN AGENDA WILL BE SENT PRIOR TO THIS MEETING, OATED THIS 29'" DAY OF JANUARYp 1 999, Recycled Paper - Printed with Soy Ink Avada Mount Prospect Youth Commission February 3, 1998 7:30 P.M* Police and Fire Station First Floor T, raining, Room 112 E. Northwest ffighway, I. CALL TO ORDER H. APPROVA" I L OF MINUTES IR OLD BUSINESS A. NEWSPAPER ARTICLE B. YOUTHVIIEW TV SHOW C. ROTARY CLUB MEETING D. PAA4PHLETS E. COMAtUNITY SERVICE F. CANDY G. MTAMERSHIP RENEWAL IV. NEW BUSINESS A. YOUTH IN GOVERNMENT DAY PRESENTATION AND DISCUSSION B. MISCELLANEOUS V.. ADJOURNMENT 4U . M .MAYOR L. 1Y�MM VILLAGE MANAGER ; Michael EM VanBii to ryp�,v,A VILLAGE CLERK :K ryry Y��v., Veima Lowe .... .l µ�yi, yp�py��yply' .h W MW 4 tlA D f o ,. 4: I f - �"r 4 f, �,P,rol,pect, phone.847/818-5328 ', INyI j}} • ��R847/818-5329 5'��:fy■1 : ry" I�� 1 0 South. Emerson Street Mount � r���e��t, I11ax���s � � j//���py y■■� TDD*- 847/392-6064 il--CMMIMM MONDAYS FEBRUARY 1, 1999 MEETING OF SIGN REVIEW BOARD HAS BEEN CANCELLED, AN AGENDA WILL BE SENT PRIOR TO THE NEXT SC ULED MEETING* Dated this 25th day of January 1999. WEDNESDAY, FEBRUARY 3. 1999 AMETING OF ITIE PLAN COMAIISSION HAS BEEN CANCELLED, AN AGENDA WILL BE SENT PRIOR TO THE NEXT SCHEDULED MIEETING, W Dated this 27th day of January 1999. 11411 pl MAYOR Gerald L. Farley VILLAGE MANAGER Michael F,. Janonis 1, tv's Gtorao'A',# c0dw,"Vs" VILLAGE CLERK J1 fllordll(,yrlaft Velma Lowe 'Rit,"lukg�airdNi L4 r$ V11" lla"g,,eof M' t, P 01un ospect Phone- 44'py Dab, Ir-yono,", K.Wilks 100 South Emerson Street Mount Prospect, III* *s 60056 inol Fax.- 8-47/3,92.1�4022,', *6064, 0 TDD*, 1941/3912'' WEDNESDAY, FEBRUARY 3. 1999 AMETING OF ITIE PLAN COMAIISSION HAS BEEN CANCELLED, AN AGENDA WILL BE SENT PRIOR TO THE NEXT SCHEDULED MIEETING, W Dated this 27th day of January 1999.