Loading...
HomeMy WebLinkAbout3177_001Village of Mount Prospect Mount Prospect, Illinois INTEROFFICE MEMORANDUM TO: Terrance L. Burghard, Village Manager FROM: Kenneth H. Fritz, Director of Community Development SUBJECT: BUSSE/WILLE I14PROVEMENT PLAN PUBLIC HEARING - COMMITTEE OF THE WHOLE MEETING, JUNE 23RD DATE: June 18, 1981 In accordance with the State Statute Special Service Area notice and hearing provisions, the Village Board will conduct a public hearing on June 23, 1981 at 8:00 p.m. regarding the establishment of two Special Service Areas as a means of spreading $75,000 in improvement costs to adjacent property owners to be paid over a 12 year period at an approximate interest rate of 10%. Legal Notices have been published and sent in compliance with State Statutes. Persons residing in the proposed improvement area have also been sent notice to their place of residence. Staff, engineering consultants, and both, bond and legal counsel will present information regarding the various aspects relating to the Busse/Wille improvements. An estimate of cost for the improvement will be presented and the procedures and time schedule explained at the hearing. KHF: hg 'LUTA� b-t;1:V. UIC AltBA NUMBER FOUR { APPROXrMATE APPROXIMATE NRCEL NO. OWNER -� - 1979 ASSESSED 'VALVE DISTRIBUTION' (PrincipalAmount) ANNUAL C06t (12 yrs 10? -003 P. -Starke 6,124 680 99.80, L07-004 D. Dobbs _ 14,334 1,591 233.50 L07-017 • Dunkin Donuts Inc,-- 29,125 3,233 474.49 L02-030 A- Wi21e _ J t,14_4___..r. _._. 11237 181.55 L02-031 Willa, (Meersman) 23,492 2,608 382.76 L02-035 E. Wille 9;453 1,049 153.95 L02-036 E. Wille 17,214 1,911 280.46 .02-028 Todd Curtis 72;421 81039 11179.83 i.02-029 E. McAuliff • 18,349 2,037 298.'- L07-006 R. Meersman. • 7,245 804 118.1 L07-007 J. Crosley 11,231 1,247 183.01 L07-008 Williams Real Estate 17,080 1,896 278.26 L07-018 M.P. Trust (Keljik) 14,710 11633 239.66 L07-019 M.P. Trust (Keljik) 10,851 11204 176.70 L01-004 R. Lichtenheld 654F'420 7,262 1,065.80 L02-043 A. McLean 40,-325 4,476 656.91 02-044 G. Sideman 14x018 1,556 228.36 02-004 Northwest Electric Supply 9x132 3.,014 148.Q' 02-006 R. & L. Reindl 3.5x142 11681 246. .02-007 Northwest Electric Supply 15,142 1x681 246.71 .02-008 M. & L. Wille 7x252 805 118.14 .02-023 L, Garner 6x127 680 99.80 .02-033 R. & L. Reindl '7x547 838 122.99 .02-034 R. & L. Reindl !. T,569 8,40 1.23.28 Total "'$450x447 $507002 ECTAL SERVICE NUMBER .TIS E 01-018 G.S.W. Development Co. $505r277 $25x000 3,,667.50 BUSSE/WILLS IMPROVEMENT PLAN MAJOR I"SSUES 1. Driveway Realignment - Dunkin Donuts As a result of new street alignment on the West end of Busse Avenue and driveway modifications at Dunkin Donuts on Busse and Northwest Highway, it will be necessary to transfer a small amount of public right-of-way to Dunkin Donuts in order to insure that their private parking will have sufficient manuevering space and accommodate the relocation of their sign a few feet to the West. Dunkin Donuts in turn would be expected to transfer a triangular portion of property to the Village for sidewalk area on Busse Avenue. 2. Wille Street - One -Way Northbound The plan calls for making Wille Street one-way Northbound to increase the number of off-street parking spaces. This increase in spaces would be accomplished by removing the median strip and would allow enough space for diagonal street parking on the major portion of Wille Street. At the North end of Wille at Central, approximately 175 feet would remain two-way to accommodate the businesses- fronting on both Central and Wille. It is proposed that longer term parking would be encouraged in this area, (employee and long-term customers). 3. P"ri"vate Parking Lot"" Northeast Corner Busse/Wille It is anticipated that the private lot at the Northeast corner of Busse/Wille (Meersman's lot) be paved for additional off-street parking and leased privately by Mr. Meersman. The proposal is to spend a portion of public funds on this improvement. Village of t.....nt Prospect Mount Prospect, Illinois INTEROFFICE MEMORANDUM TO: MAYOR AND BOARD OF TRUST"ES FROM: VILLAGE MANAGER DATE: JUNE 19, 1981 .. SUBJECT: MOTOR FUEL TAX STATUS REPORT This report will serve to explain the current and projected status of the Motor Fuel Tax Fund, its basic operation, and the impact of the Busse -Wille expenditure should the Board choose to fund that project. The Motor Fuel Tax Fund, as operated by the Village, is on an annual cash basis, that is revenues received are accounted for as they are received and expenditures are accounted for as they are paid out or under contract. The resolution that the Board adopts at its meetings is a procedure necessary to satisfy the State Department of Transportation and that is not on a cash basis. The resolutions simply obligate or encumber a portion of the Motor Fuel Tax Fund and if the expenditure in the end is less than the obligated amount, the Board does not re-enact another resolution. When the State IDOT auditors review our books, they make the necessary transfers back into an unobligated account. Like the Community Development; Block Grant system, one cannot directly compare the State accounting procedures to our budgeting procedures. The Village Budget, as adopted, showed the overall operation of the. fund (page 4) as startin the year with $454,000 of a balance, estimated receipts of 1782,000, estimated expenditures at $910,000 and a year-end cash balance of $326,000. The attached statement shows that our actual cash balance at the beginning of the year was $710,000. This is a difference of some $256,000 and is accounted for primarily by the fact that the Village was not under contract for the downtown lighting program by the end of the fiscal year. Therefore, that revenue budgeted last year, $200,000, was carried over into the cash balance. There were miscellaneous other accounts in the amount of approximately $50,000 that were likewise not fully expended by year's end and they were also carried over. Our revenues, from gasoline taxes, were low in the month of May but bounced back up again in June and I still feel comfortable with our projection of an average of $59,000 per month. The statement lists our budgeted expenditures at $910,000. Actually, it looks as though our street resurfacing expense even with Prospect Avenue and Emerson Street may well be $15,000 under budget. The expenditures that were not included in the budget were $200,000 for Busse -Wille and the Village's share of Northwest Highway in the amount of $67,000. Taking into account the actual cash balance at the beginning of the year, and estimated revenues and our total anticipated expenditures, we still predict that the year-end Fund balance will be in the neighborhood of $350,000. Therefore, while the budget is indeed "tight," we do have the resources to accomplish our initial objectives and those items omitted from the Budget process. Because of this tight situation and the unanswered questions about Busse -Wille, we have gone slow with the paving program, and the street lighting program. I would not recommend that the year-end cash balance be depleted any further in an effort to maintain a sound cash position for next fiscal year. µ- w TERRANCE L. BHRGHARD TLB/rcw 1nn1 1nnn MOTOR FUEL TAX FUND Actual Cash Balance 4-30-81 Estimated Revenues: MFT Allocation Reimbursements Interest Earned Total Resources Budgeted Expenditures: Paving Repair Materials Salt Sign Making Materials Street Lighting Program Traffic Light Maintenance/Electricity Pavement Markings Street Resurfacing Traffic Lights Other Antici ated Ex enditures: Busse -Wille Project Village Share Northwest Highway Total Expenditures Estimated Cash Balance 4-30-82 $710,0001 $710,0002 44,000 60,000 $814,000 $ 60,000 50,000 15,000 200,000 110,000 25,000 400,000 50,000 $910,000 $200,000 67.7670 $267,670 $1,524,000 ($1,177,670) 1 Year end balance higher than shown in the budget because the street lighting program was not completed during fiscal year 1980-81. $346,330 2 Higher than shown in budget because some reimbursements which were anticipated in fiscal year 1980-81 were not received until June, 1981. Village l -it Prospect Mount Prospect, Illinois INTEROFFICE MEMORANDUM TO: Village Manager FROM: Village Engineer DATE: June 6, 1981 SUBJECT: Tree Farm Estates 1. This status report is for information regarding Tree Farm Estates and is current through June 4, 1981. 2. An amended permit regarding modified stormwater detention requirements has been approved by the MSDGC Bureau of Local Sewers after 2 meetings and preparation of 3 alternate analyses. A copy --of the amended permit is -attached for your record. In es-sence, the amended permit requires the continued usage of 4 of the original 10 ponds to the full extent shown on the engineering drawings and recorded plat. As far as the MSDGC is concerned the other 6 ponds are not needed for retention and the easements for drainage could be vacated entirely. A copy of a subdivision plat showing which ponds are required and which ponds could be vacated is attached. The question raised in my memo dated, April 27, 1981, and which is attached regarding the best method of vacating those easements no longer- required remains unanswered. This problem arises due to the fact this is recorded under Torrens Title. 3. Another question which remains is what if any structures, fences or plantings may be placed in those easement areas which remain, recognizing that there is a strong desire by some parties to utilize the area privately and restrict undesireable access. m, Page June 5,1981 Tree Farm Estate It is my opinion that no vertical structures of any kind be permitted in the easement area. I would have no objection to the construction of patios which did not decrease the storage volume of the detention basin, but this should be analyzed on a case-by-case basis prior to issuing the permit from Code Enforce- ment. It is my opinion that fences along the interior of any of the easement areas should definitely not be permitted. 5ennis A. ValenL ine Roffifflamw I concur with the above recom-iendation. *e�, Director of Public works cc - Code Enforcement Community Development