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tit . Pros. Pub 1 4 C JJ r K S TD . I - ",5 7, -`a 3? 7 D 4 9 2 15 6 N, c 0 4 r . ") I Minutes COMMITTEE OF THE WHOLE November 24, 1992 I Roll Call The meeting was called to'order by Mayor Gerald L. Farley at 7:35 p.m. Trustees present were Mark Busse, George Clowes, Paul Hoefert and Trvana Wilks. Also present were Village Manager Michael E. Janonis, Police Chief Ronald Pavlock, Fire Chief Ed Cavello, Finance Director David C. Jepson, Planning and Zoning Director ;avid Clements, Inspec- tion Services Director Chuck Bencic, Human Services Adminis- trator Nancy Morgan, cominunication Division Administrator Cheryl L. Pasalic, and Public Works Director Herbert L. Weeks. In addition, Broadacre Development Company represen- tative Fidel Lopez, Superintendent Dr. Thomas W. Many and Board of Education member Mrs. Betty Launer of school Dis- trict 57, Chairman Hal Predovich of the Downtown Develop- ment and.Redevelopment Commission, and three members of the media were present. 11 Minutes of November 10, 1992 The minutes of November 10, 1992 were accepted and filed. III Citizens to be Heard No citizens appeared before the Village Board. IV Downtown Redevelopment - Broadacre and Catholic Charities Mayor Gerald L. Farley introduced the topic for discus- sion. Village Manager Michael E. Janonis provided back- ground data on current redevelopment planning, and referred to the workshop on the downtown redevelopment that was conducted earlier this fall. At that time, the direction of the Board appeared to be that the Pine/Wille property was best suited for redevelopment start-up. A public hear- ing is scheduled for December 1, 1992 to discuss the rede- velopment plan, specifically extension of the TIF district, through Amendment #2. The comment was made that this TIP project is meant to be self-supporting and that, as such, long-range EAV of the project should be considered. Ever, though Catholic Charities is tax.. -exempt, studies show that there should be no adverse impact. Planning and Zoning Director David Clements commented on the 'September 29th planning meeting and the current status Pros. P,ijblic Works I E; : I - ' 0 , - 3 -9 3 _( ? DEI- I- U 4 , J 2 L �; '- 4,7 `,r3 . U, U 1« - . J � of the Broadacre proposed concept plan, specifically how it relates to the Catholic Charities senior housing concept. The revised plan shows that 75 living units for senior housing could be built. Planning and zoning staff had looked at alternate sites for senior housing; however, most of these Involved problems with surrounding land use, cost of acquisition and remoteness. if approved, construction of the senior housing could start as ea.-iy as next Septem- ber or October. Mr. Fidel Lopez, representing Broadacre Development Compa- ny, addressed this planned TIP district and stated that the Catholic Charities' project could fit in with the overall character of the master plan and that the develop- ment was in keeping with the essence of their plan. These would be four and five -story build:�nqs that would comple- ment the senior housing property. 282 parking spaces are proposed, with a lattice trellis canopy over part of the parking area and some greenery such as ivy to soften the appearance. Their overall plan also •tries to maintain the parking and street systems. The first -floor apartments of the four buildings in the Broadacre project would be de- signed as studio apartments but could later be converted to retail shops. Trustee Paul Hoefert questioned the entrance locations to the apartment buildings. Mayor Parley then went to the audience for comments before going back to the Board for their reaction. Dr. Thomas W. Many, Superintendent of School District 57, was concerned about the tax-exempt status of the Catholic Charities senior housing project. Dr. Many stressed that he was not against senior housing, and he agreed with the makeup of the proposal. As a representative of the school district, he was concerned the'impact it may have on the revenues they derive from property taxes. School Dixtrict 57, he stated, serves 4.5 square miles in the center of Mount Prospect, and 94% of their revenue in derived from property tax. Currently, within their taxing district, they already have several tax-exempt properties, including Village Hall, the fire and police stations, commuter park- ing lots, the xftninr npnfer, and two public works build- ings. Hal Predovich, the chairman of the Business District Devel- opmant And Redevelopment Commission, commented that he shares Dr. Many's concerns and wondered if the senior hous- ing building could be built and then converted to apart- ments at a later date after moving the seniors elsewhere. He gave an uneasy Approval of the project. Donald J. Harmon, resident at 16 N. William, spoke before the Board and offered his opinion that housing for the .Mt. Pros. Public Works !D:1-708-2571-9377 DEC 04'92 115:48 No,004 P.03 elderly should be near Randburst or another major shopping center, as the downtown area may not offer needed services for the elderly. He agreed with Dr. Many's objections. Mayor Parley brought the discussion back to the Board. Vil- lage Manager Jannis commented on some of Dr. Many's con- cerns, stating that Village -owned theater property and the house at 17 S. wille are transitional and should soon be back on the tax roles. The Catholic Charities' senior hous- ing project would be constructed with a $4.5 million grant through H.U.D. and the Village would receive money from the sale of the property. it is estimated that the land sale to Catholic Charities would be approximately $300,000, but the abtual figure would be as appraised by H.U.D. at a later date. Mayor 'Farley wanted additional information regarding later conversion of the senior housing to apartments, as suggest- ed by the chairman of the Business District Development and Redevelopment Commission. Planning and zoning Director. David Clements did not think this would be likely, as, traditionally, senior housing units are smaller than most apartments, and H.U.D. may not be agreeable to that type of proposal. Finance Director David Jepson suggested that the rental units by Broadacre should generate approximately $1900 in taxes per year per unit. At the present time, 198 rental units are being considered. Finance Director Jepson ad- dressed the tax issues on the EAV differences and suggested that the Tax Increment Funding district would support it. It was pointed out that the Catholic Charities senior hous- ing project being financed by H.U.D. was one of five state- wide awards. Trustee Paul Hoefert commented that he supported additional senior housing in the Village, but he is concerned that no alternative site was still being considered. Trustee Mark Busse was concerned about financial alterna- tives. He wanted to know what the loss of tax would be on the Catholic Charities property. Finance Director David Jepson stated that the financial projections were for all residential units (not including retail). Trustee Busse asked if the Centennial Apartments behind Mount Prospect Plaza were also tax-exempt. He was con- cerned about a promise made to the tax payers that the old public works site would be placed back on the tax role; he feels that the Village should honor that commitment and look for another site. Mt. Pros. Public Forks ID�1-708-253-9377DEC 04'92 15:48 No.604 P.04 Trustee Irvana Wilks questioned Broadacre representative Lopez about the size and height of their proposed develop- ment.. There are two plans that they are considering'- plan A and Plan B. on both plans, the building facing east would be one story lower to allow for sunlight into the courtyard. Trustee Wilke commented that she had reservations on the Catholic Charities project and that, when she was a member of the Business District Development and Redevelopment Commission, their objectives did not include projects such as this. She feels that the proposed Catholic Charities project is against all principles of TIF planning. Trustee George Clowes stated that he was under the impres- sion that there were to be other alternatives, and he agrees with citizen Mr. Harmon that senior housing should be closer to shopping centers for servic+s,,. There was some dialog on whether or not the ,apartments that Broadacre is planning to construct could be converted to condominiums at a later date. Mr. Lopez from Broadacre commented that he did not think that would be possible because these units would not have many of the 'amenities or square footage thatcondominium purchasers look for. Mayan Farley stated he felt there was a need for senior housing and he thought that the citizens would support the project for the greater ,good of the community. Trustee Hoeffert commented that the individuals living in the se- nior' housing would be ambulatory and the building would bring people to the downtown area. Mayor Farley commented that, if the senior citizens housing project is construct- ed, there would likely be a waiting list, but Mount Pros- pect residents would have priority on occupancy. The chairman of the Business' District Development and, Rede- velopment Commission, Hal Petrovitch, commented that he has had 16 years of planning can that commission. He suggested that the plan, as submitted, would be a compromise. Broadacre representative, Mr. Lopez, was asked what the time table would be for the construction of their build- ings. Mat. Lopez stated that, typically,' H.U.D. has plans available which could be adapted to their buildings with very minter changes. Until Broadacre receives assurance that the project is approved,,; they would defer,any finaliz- ing of plans other than the concept or architectural render- ings. village Manager 'Janonis, will . bring the issue back to the Board at the next C.O.W. meeting with an update. 4 tlt.,Prols. Public Works I'D:1-708-253-93T7 D17C 04'92 15:49 Mo.004 D.05 Mayor Parley and Village Manager. Janonis agreed that poling of the Board with two members absent WOUld not be desir- able. They will be looking to polo the Board at the Doccm- ber 8 meeting to get a consensus from the trustees on wheth- er or not the Catholic Charities concept plan should be approved. Mount Prospect 2000 - Revenue/Expenditure Plan Village Manager Janonis reviewed the past meeting concern- ing the projected deficit. He I put forth & spending plan which would reduce spending increases to 3.5% in the 1996/97 fiscal year. The initial pzesentation of November 10th had indicated that the elected officials wanted more inrormaLion as far as options and spending pl4zib. This information, as given to the Board and briefly discussed provided seven revenue options with an example of Fire and Police Department expenditure options. It was stated that the purpose of the revenue options was to generate discus- sion by the elected officials on different means to -achieve financial stability. Finance Director Jepson went through the seven options and explained each briefly., He commented that option 3 showed a .253 sales tax and that, if this option were approved, there would be a reduction of .25% in the food and beverage tax. All options included water fund transfer, property taxes .25% sales tax, an ambulance fee, and a gasoline tax. under option 6, as presented, there would be a recom- mended property tax reduction of $528,400. It was stated that the Board needs to have a second reading on the tax levy ordinance by December 15. Village Manager Janonis and Finance Director David Jepson both discussed the options as perceived by management. Finance Director Jepson stated that option I for 1993/94 shows a projected deficit of $1,107,200. With only a water fund transfer, $153,900 would draw down on the general fund balance. Administration would then have to make service reductions in the amount of $595,700. This could equate to elimination of up to 15 employees. Trustee George Clowes commented that he wanted to revisit the 1992/93 budget for further reductions before looking at 1993/94. Finance Director Jepson commented that he understood the 1992/93 deficit recommendations had been approved. Trustee Clowes stated that his preference is to not raise any taxes and that reduction of service should be an option considered. Mayor Farley commented that he felt the commu- nity wants the level of service they now enjoy and stated that he believed there was approval for the 1992/93 spend- ing level. Mt, Pros, P�ibiic Works ID:1-'08-233-9377 D I-- C 0 4 ' 92 1C:50 N to. 004 village manager Janonis commented that, with our size commu- nity and a hvma value of $160t000, the LoLdl tax buzdan, to a resident is approximately $500, which'includes vehicle stickers and all othez tdxuO YOUOXALOd lar the Village for services. Re suggested to the Board that they Move SIOWIY, and he did not advise any draconian cuts„ As two tru:StC"d were not present, there was no call for a consensus of opinion on t*,ie 1993/94 reduction options, it was suggested that the matter be brought back before the Board at the December 8 cvw meeting. mayor Farley then stated that this issue would be discussed at the next scheduled meeting. VI manager's Report Village Manager Janonis explained that Public Works Direc- tor Herbert Weeks is being required by the EPA to make public notification to all water''customers of some negative water sample test results. Subsequent samples were okay. Both Village Manager Janonis and Director Weeks stressed that this was a procedure mandated by the EPA and that the recent water samples which had high bacteria counts were probably caused by contaminated bOttlOs or improper testing procedures. There is no lead contamination involved in this notification. Postcards will be mailed to all resi- dents the week of November 23, 1992. VII Any other Business Trustee Hoefert conguented that he wanted to add land acqui- sition as a.subject for the next executive session. Trust- ae Wilke commented that the information the Village'Manager forwards to the Board is very informative and she highlight- ed the article by solid Waste Coordinator Lisa Angell and the architectural award-winning design for landscaping along the Chicago and North Western railroad line. VIII Adjournment Mayor Farley announced there would be an executive session immediately following the meeting. The Village Board went into executive session at 10:55 p.m., for the purpose of tjignilaning lit.igAtinn and land ancruinition, and was conclud- ed at 11:41 p.m. The Committee of the Whole meeting Was adjourned at 11:41 p.m. Thea next' meeting will be INipadAy, December 8 at 7:30 p.m. Respectfully submitted, 4f , L. 4;V r 4, r rt L. Weeks Director Public Works HLW/td VILLAGE OF MOUNT PROSPECT PLANNING DEPARTMENT Mount Prospect, Illinois TO: MICHAEL E. JANONIS, VILLAGE MANAGER FROM: DAVID M. CLEMENTS, DIRECTOR OF PLANNING MICHAEL E. SIMS, PLANNER /qt j DATE: DECEMBER 4, 1992 SUBJECT: PROPOSED CATHOLIC CHARITIES SENIOR HOUSING As you requested, the following is additional information regarding the apartments for the elderly in our downtown redevelopment area: 1. Tenant Pr file• Catholic Charities expects 70 of the 75 apartments to be occupied by single women. The remaining five units would be occupied by single men. The average age of the resident would be 74. Incomes range from Social Security levels up to a program maximum. The maximum income for one person is $16,400. The maximum income for two persons is $18,500. 2. Rental Rates: Tenants pay 30% of their monthly income for rent, including heat and water. Tenant payments for rent average about $200 a month. 3. Apartment Details: All 75 apartments will be one -bedroom units with a floor area of approximately 530 square feet. HUD allows a maximum apartment size of 540 square feet. The units will be constructed to meet Mount Prospect Building Codes. The size of the market rate apartments to be constructed by Broadacre will be: Studios - 600 to 800 square feet One -bedroom - 850 square feet Two -bedrooms - 950 square feet 4. OwngmW12IManaggment,, The apartment building will be conveyed from Catholic Charities to a 501 C not-for-profit local corporation, soon after completion. The Archdiocese of Chicago will not be involved with ownership. The grant to construct the apartment building specifies that the units must be used for income eligible elderly residents for 40 years. 5. El eibilily List for A a mems, Representatives of Catholic Charities state that initial occupancy of the apartments can be done by a lottery or a first- come, first-served basis. Eligible Mount Prospect residents will have first Michael E. Jannis Page 2 December 4, 1992 priority for the apartments. Further, a waiting list is established and Mount Prospect residents, or family of residents, will always have first priority on the waiting list. 6. Cente Apartments: The 198 unit Centennial Apartments were constructed 10 years ago with private financing. Tenants at Centennial must meet the same guidelines as Item 2 above. 7. Allemative Site Analysis: As previously stated, the Planning Department began a review of possible sites for apartments for the elderly several years ago, prior to preparing the Comprehensive Housing Affordability Strategy. These sites were reconsidered when the Catholic Charities proposal came about. The review included an analysis of lot size, zoning, cost, availability of services and consideration of surrounding land uses. Please see the attached spreadsheet for a complete summary of these alternative sites. 8. Zoning: It is important to point out that the type of development being proposed for the Pine/Wille block, both by Catholic Charities and Broadacre, does not match up very well with our existing Zoning Ordinance. While the concept generally meets the goals of the Comprehensive Plan, our Zoning Ordinance is poorly suited for implementation. Items such as density, height, floor area ratio, setbacks and parking for this type of development differ greatly with the existing R-4 and R-5 Zoning Districts. Rather than process the Pine/Wille redevelopment with extreme variations of existing regulations, and the interpretation problems that presents, it is apparent that certain amendments to the Zoning Ordinance will be necessary. Fortunately, our revised Zoning Ordinance is in draft form, and helps lay the groundwork for this task. This is mentioned so there is an understanding that implementation will require amendments to the Zoning Ordinance. DMC:hg ET T:HE VILLAGE OFMOUNT PROSPECT, ILLINOIS Site Analysis - Senior Residential Building Location Map 0mt0Nm 18 Site Analysis - Senior Residential Building Building Impact Lot Size Lot Size Price is Available on Surrounding Location 'SF" "Acres" Dimensions toning Available Acceptable t Services Community Comments ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Vacant lot east of 38935 0.89 137.58 x 283 B-2 Yes N Transportation 5 story bldg. Location isolated from Kindercare, Kensington Rd. Banking across from Randhurst. Restaurant single family. No Site.control. Shopping Service Station Vacant two lots east of 92700 2.13 450 x 206 B-3 Yes N Transportation 5 story bldg. Across from Randhurst. Wild Stallion & next to Banking next to single Too close to single single family homes. Restaurant family. family. site on Kensington Rd. shopping No site control. Service Station Food Vacant site bordered by 130680 3.0 Irregular R-1 Yes N Shopping 5 story bldg. Poor pedestrian access Rand7ThayerlLouis Bank across from to Wal-Mart. Restaurant single family. Difficult to develop Service Station because of shape. No site control. Site now developed for 148104 3.4 Irregular R-4 No NIA Site developed since River West Apartments. initial reviews. Five lots across the 297352 6.82 479 x 620 R -X No Unknown Transportation compatible with Acquisition problems street from Rec Plex, . Shopping adjoining with existing homes. on Dempster. Recreation multi -family. No site control. Part of the parking lot 36258 0.83 290 x 125 P-2 Yes Y Transportation 5 story bldg. Displaces commuter on the northeast corner Recreation across from parking. of Maple and Lincoln. Downtown Shopping townhomes. Site has inadequate lot depth. Southeast corner of 36277 0.83 231 x 157 R-1 No Y Transportation 5 story bldg. Should not place 5 Emerson & Central, P-1 Library abutting single story bldg. abutting including part of the Senior Center family Maple St. bank parking lot. Banking No site control. Downtown Shopping Northeast corner of 36200 0.83 Irregular B-3 Yes Y Transportation Site can not be Conceptually the best Busse Ave. & Main P-3 Library used & still location but site is including part of Senior Center provide shopping a little small & senior parking lot. Banking & Senior Center displaces shopper & Downtown Shopping parking. senior center parking. Vacant lot an the 21781 0.5 161.34 x 135 R-1 Yes Y Transportation abutting Site too small. northwest corner of Shopping townhomes Services not convenient. Elmhurst i& Euclid Banking Northeast corner of 132602 3.05 Irregular B-3 Yes Y Transportation bldg. height & Location reduces height NW Hwy. & Pine Restaurant location meets impact onproperty Service Station downtown goals. across Central. Library Advantage of integrating Senior Center into Broadacre plan & Downtown Shopping instant development NOTE: Price acceptability is based upon whether the property has commercial value. occupancy & activity. Not a stand alone bldg. VILLAGE OF MOUNT PROSPECTa.,=.� a FINANCE DEPARTMENT INTEROFFICE MEMORANDUM TO: Michael E. Janonis, Village Manager FROM: David C. Jepson, Finance Director DATE: December 3, 1992 SUBJECT: Estimated TIF District Tax Increments and Debt Service Requirements Attached is a summary schedule which shows the expected tax increments, debt service requirements and the resulting surplus funds for TIF District #1 Plus Amendment Area I and for TIF Amendment Area 2. Additionally, the schedule shows the total surplus and the total cumulative surplus for the two areas combined. TIF District #1 Plus Amendment Area 1 This area includes the original TIF District and Amendment Area 1 (Main[Wille Block) because portions of the proceeds of previous bond issues were used in both areas and because they are combined in reports from the County Clerk. As of April 30, 1992, there was a surplus of $165,300 in the Tax Allocation Fund (along with $548,000 in the Bond Proceeds Fund). The tax increment for 1992/93 has been received by the Village as of November 30, 1992 and should produce a surplus of $140,100 for 1992/93. The estimated increments for 1993/94 through 2008/09 assume a 6% increase in equalized assessed valuation (EAV) as a result of the 1992 reassessment and 12% increases for the reassessments scheduled for 1995, 1998, 2001, 2004 and 2007. The debt service amounts represent actual requirements for the 1987C, 1987D, 1991B and 1992B bond issues. The cumulative surplus for 2008109 is expected to reach $7,676,900. The amounts in this portion of the schedule assume that there will not be any more bonds issued for the oriom.11 district and Amendment Area 1 and that the balance of $548,000 in the Bond Proceeds Fund will be expended in this area. Also I assumed the 1992 reassessment would only increase by 6% because the Hemphill propertie, were assessed for the first time in 1990 and 1991. If the EAV for 1992 is higher than 6%, it would produce higher surplus for 93/94 and this would be compounded in each succeeding year. I think it is clear that a sizeahle surplus will be generated by TIF District #1 Plus Amendment Area 1. TIF Amendment Area 2 This area assumes a frozen value in 1992 (1991 EAV) of $4,071,000. This amount is increased 12% as a re>uIt of the 1992 reassessment and then reduced by $1,137,500 for the removal of the Aldi property in 1993. The tot ,i EAV is then increased $3,540,000 for the 1996 tax year as a result of the addition of 177 apartment units in the Pine/Wille Block. In subsequent years, total EAV is increased 12% in 1998, 2001, 2004, and 2007. The dept service requirements assume a $2,000,000 bond issue July 1, 1993 at 7%. Interest would be capitalized for 2 - years and the principal would be paid back over the next 10 years. Michael E. Janonis Page 2 Estimated TIF District Tax Increments and Debt Service Requirements This approach produces a minor deficit for 93/94 - 98/99, but it results in a cumulative surplus of $2,735,100 over the life of the TIF. I have included debt service for a $2,000,000 bond issue rather than $1,500,000 and I have shortened the maturity schedule in this example. This provides an extra measure of safety in determining the financial feasibility of the proposed project. Totals - TIF District #1 Plus Amendment Area 1 and TIF Amendment Area 2 These totals show the actual surplus for 91/92 and the expected surplus each year from 1992/93 through 2008/09, The cumulative surplus is expected to be $10,412,000. There is no reason that the Village would accumulate a surplus of this size in the Tax Allocation Fund because at the end of the time period it would be distributed to the appropriate taxing bodies on a pro -rata basis. In consideration of the potential financial impact on School District 57, I would expect one of the following two events to occur: The cash in the Tax Allocation Fund would be evaluated each year as of December 31. Any time the cash balance exceeds 150% of the next year's debt service requirements and all redevelopment commitments have been covered, a surplus would be declared. In this case the surplus would be distributed to all appropriate taxing bodies on a pro -rata basis. Based upon the plans included in the attached schedule, a surplus could be declared as of December 31, 1998 and each year thereafter. 2. When all redevelopment projects have been completed and the cash balance in the Tax Allocation Fund is sufficient to defease the remaining debt service payments, the TIF District could be eliminated. (Defeasing the debt would be accomplished by purchasing U. S. Treasury securities to coincide with future principal and interest dates and dedicating the proceeds of the securities to make the payments.) If this option would be selected, the District could be eliminated as early as 2001. It would be difficult to speculate what would have occurred in TIF District /11 Plus Amendment Area l if the Village would not have initiated the TIF District. However, total equalized assessed valuation in the area has grown from $3,470,500 in 1985 to $7,370,000 in 1992. This represents an increase of 112% over the 7 year period or approximately 11.5% per year. In comparison, the actual growth in EAV for School District No. 57 during this same period was 56% or just under 7% per year. I believe this provides a strong basis for concluding that the redevelopment project will add significant value to the tax base of all the taxing districts when the district is terminated. For TIF Amendment Area 2 we do not have firm figures to work with, but the projections indicate an EAV of $7,797,000 in 7 years (1999 tax year) compared to an initial EAV of $4,071,000. This represents an increase of 91.5% or an annual increase of about 10%. If the projections prove to be accurate, this project would also add significant value to the tax base. c: David Clements, Planning Director Enclosures VILLAGE OF MOUNT PROSPECT TIF District N1 Plus Amandmernt Ana 1 and TIF Amentimant Area 2 Esdmated TIF Mcranent and Debt Service Reguiraments TIF DISTRICT /1 PLUS AMENDMENT AREA i Fiscal Year, TIF Increment Debt 5.+�+ . Sur �a Cumulative Sur21ua 1991192 8 - E 0 165,300 i 165,300 1992/93 372,000 231,900 140,100 305,400 1993/94 397,800 294,900 102,900 408,300 1994/95 418,900 333,200 85,700 494,000 1995196 439,100 353,200 85,900 579,900 1996197 543,600 371,100 172,500 752,400 1997198 572,200 361,400 210,800 963,200 1998/99 572,200 370,400 201,800 1,165,000 1999/2000 648,400 338,100 310,300 1,475,300 2000/01 682,500 371,300 311,200 1,786,500 2001/02 682,500 391,200 291,300 2,077,800 2002/03 765,800 417,900 347,900 2,425,700 2003104 806,100 65,700 740,400 3,166,100 2004105 806,100 62,300 743,800 3,909,900 2005/06 897,300 63,800 833,500 4,743,400 2006/07 944,500 - 944,500 5,687,900 2007/08 944,500 - 944,500 6,632,400 2008/09 1.044.500 2,744,400 1044 00 7,676,900 $11.538.000 181,400 84.026.400 87.676.= 67 ala ,900 TIF AMENDMENT AREA 2 TOTALS TIF Capitalized Debt Cumulative Cumulative 4 11 i 0 0 b 165,300 4 165,000 140,100 305,400 44,300 70,000 70,000 44,300 44,300 147,200 452,600 (61,900) 140,000 140,000 (61,900) (17,600) 23,800 476,400 (64,900) 140,000 140,000 (64,900) (82,500) 21,000 497,400 274,600 - 284,800 (10,200) (92,700) 162,300 659,700 289,100 284,800 4,300 (88,400) 215,100 874,800 289,100 284,800 4,300 (84,100) 206,100 1,080,900 353,900 284,800 69,100 (15,000) 379,400 1,460,300 372,600 284,800 87,800 72,800 399,000 1,859,300 372,600 284,800 87,800 160,600 379,100 2,238,400 442,900 284,800 158,100 318,700 506,000 2,744,400 466,200 284,800 181,400 500,100 921,800 3,666,200 466,200 284,800 181,400 681,500 925,200 4,591,400 542,400 284,800 257,600 939,100 11091,100 5,682,500 571,000 - 571,000 11510.100 1,515,500 7,198,000 571,000 571,000 2,081,100 1,515,500 8,713,500 654.000 654,000 2,735,100 1.698.500 10,412,000 1X5.583.100 1350.000 83,198 42,735100 12,735J00 410.412000 a10.412,=000 MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE 93/94 Deficit Reduction Worksheet Options for Discussion Purposes Option I Option 2 Option 3 Option 4 Option 5 Year 93/94 93/94 93/94 93/94 93/94 Projected Deficit $1,107,200 $1,107,200 $1,107,200 $1,107,200 $1,107,200 Additional Services + + + + + 3 4WL Pb1 e6 0(� S + + + + + Sub -Total $ s fl $ 1,10 ,d /,j0z,;00 $ 1, 107"�00 $ J,;,07"x00 Expenditure Reductions 1A ZO 00 00 - 6 1 00 - qco ditional Revenues 11)ftT G�, 0 �7,1 -�,Ro,?P-eTy —r, — 114 � 6)00 000 1 [� Cm —0— 0, 000 /,;0, 000 —0— —19— rr r Fund Balances )OL) A91 00 A7-700 A27, 700 2 9 7,70 0 7C Sub -Total J O 9" �00 1, Ao7al J&Lfl ims —0— —0— —a— —0-- 40 0 Service lReductions Balance $ -0- $ -0- $ -0- $ -0- $ -0- 1992 Property Tax Levy % Change from 1991 Tax Levy of $7,339,159 % Change from 1991 Total LeN MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE 93/94 Deficit Reduction Worksheet Options for Discussion Purposes Option 6 Option 7 Option 8 Option 9 Option 10 1,, _ _ Property Tax Levy % Change from 1991 Tax Levy of $7,339,159 % Change from 1991 Total Levy 93/94 93/94 93/94 93/94 93/94 Year Protected Deficit $1,1,07,200 $1,107,200 $1,107,200 $1,107,200 $1;107,200 Additional Services STT 91' tmkojj m� S + 0©000 00,000 + + + 3 fbr L. i' bc� O�4S, + —0— + 18f, OCO + + + ul - oval$ t J $ .`,4.2AUC $ $ $ Expenditure Reductions -109.9oo 6� X00 E DI Sof o L -Aq3.00 - • 000 _ - 'ditional Revenues 'I A illS - Da, 4^ rJ - (X , 222 - Oi c 7 X `_�!' _ -C�-- _ 1 o =�Lcs TAx- '- S-ES TY, - I "o, aoo - 15'0, Orr - - - Fund Balances C -L -,Jnl� - 00 - oo - oo - R 00 - , ?7700 suis-Totat o4 - rkonls 5 oo'3 '�00 Service Reductions Balance 5 0 S -0- $ -0- $ 41 $ -0- 1,, _ _ Property Tax Levy % Change from 1991 Tax Levy of $7,339,159 % Change from 1991 Total Levy MOUNT PROSPECT 2000 - A VISION FOR THE FUTURE 94/95 Dericit Reduction Worksheet Options for Discussion Purposes Option I Option 2 Option 3 Option 4 Option 5 Year 94/95 94/95 94/95 94/95 94/95 Projected Deficit $1,367,0100 $1,367,OOD $1,367,000 $1,367,000 $1,367,000 Additional Services VMJ S + + + + ---f) + /00, + + + + Sub -Total $ 070 $ 00 0 $ 002 $ ( 200 $ Or, 0 -Expenditure Reductions q,< (IXlwjm 11- -21;*,(� - 4r -r A t�, Additional Revenues A] z 177, 220 !ion. G-415 TAX . . .......... .. jij&AL 360( -IC Fun ances 7 Sub -Total 1r' z ,7 0 � — I L Service Reductions Balance $ $ $ 0 $ -0- $ —I Property Tax Levy 0,(r(,000 �t7,gJq�o % Change from 1992 Tax Levy, of $At,- Ii 0 71 15�0 70 % Change from 1992 Total Levy E MOUNT PROSPECT 2000 - A VISION FOR THE "n"I 94195 Deficit Reduction Worksheet Options for Discussion Purposes Option 6 Option 7 Option 8 Option 9 option 10 Year 94/95 94/95 94/95 94/95 94/95 Projected Deftit $1,367,0W < $jA7,0W , VA7.()W�,, $1,367,0W $1,367,000 Additional Services + loo,00() + + + L + + X50 rYY7 + + + si,46um $ $ $ Expenditure Reductions Moimum 4 �)S6 Additional Revenues M 4u L lASom 1a5CrIll, - - Fun glances Sub.Tow Service Reductions $ $ 00 13 Property Tax Levy 0, % Change from 1992 ax Levy Of$ kvi 7 Zo % Change from 1992 Total Levy VILLAGE OF • PROSPECT FINANCE INTEROFFICE MEMORANDUM TO: Michael E. Janonis, Village Manager FROM: David C. Jepson, Finance Director t DATE: December 4, 1992 SUBJECT: Tentative Budget Calendar for 1993-1994 The attached tentative Budget Calendar for 1993-1994 represents a significant change from the time schedule that has been used in prior years. The proposed schedule pushes back the date for delivering the Proposed Budget to the Village Board to March 1, 1993 which is a month later than the delivery date in prior years. This change will allow staff to make some expected changes to the budget format and will provide more current information for budget estimates. One of the other significant changes is the suggestion that the Village Board hold one or two Saturday sessions for review purposes rather than three Tuesday evening Committee of the Whole meetings. This will allow for a more cohesive presentation and will free up regular Committee of the Whole meetings for other business. One Tuesday evening meeting (3/23/93) is being retained for final Village Board recommendations. The proposed calendar compresses the time in the budget process, but there is flexibility if certain dates would need to be changed. It is our hope that this schedule will result in a smoother budget cycle. DCJ/sm Enc BUDGET CALENDAR 1993 - 1994 (Tentative) Date Action 1/05/93 Revised Budget Estimates for 92/93 completed. 1/07/93 Budget Worksheets forwarded to Department Directors. 1/21/93 Completed Budget Worksheets returned to Finance Department. 1/28/93 Revenue Estimates completed by Finance Department. 2/01/93 to 2/10/93 Department budget reviews with Village Manager and Finance Director. 2/15/93 Complete Proposed Budget Amounts. 1/01/93 Deliver Proposed Budget to Village Board and Finance Commission. 3111193 and 3/18/93 Review Proposed Budget with the Finance Commission. 3/13/93 (Sat) Committee of the Whole - First Budget Hearing. 3/20/93 (Sat) Committee of the Whole - Second Budget Hearing. 3/23/93 (Tues) Committee of the Whole - Village Board Recommendation. 4/06/93 Hold Public Hearing - First Reading of Proposed Budget Ordinance at Village Board Meeting. 4/20/93 Second Reading of Proposed Budget Ordinance at Village Board Meeting. 5/01/93 Approved 93/94 Budget available for distribution. ,-ILItf 721717Tt7rcl Charlie Club seeks a special use to install an off -premise business identification sign on the northwest comer of Elmhurst Road and Midway Drive (Section 7.330.E) and 54 square feet sign area instead of 50 square feet of sign area (Section 7.330.D). MAYOR GERALD L FARLEY vl� A JAN.- P, TRUSTEES MARK W BUSSE GEORGE A. CLOWES TIMOTHYJ, CORCORAN LEO FLOROS PAUL WM.. HOEFFRT IRVANA K WILKS Village of Mount Prospect VILLAGE MANAGER MICHAEL E. JANONIS VILLAGE CLERK 100 South Emerson Street Mount Prospect, Illinois 60056 CAROL A FIELDS Phone: 708 / 392-6000 Fax: 708 / 392-6022 AGEND SIGN REVIEW BOARD Monday, December 7, IM Trustees' Room, 2nd Floor, Village Hall 100 South Emerson Street 7:30 P. M. ,-ILItf 721717Tt7rcl Charlie Club seeks a special use to install an off -premise business identification sign on the northwest comer of Elmhurst Road and Midway Drive (Section 7.330.E) and 54 square feet sign area instead of 50 square feet of sign area (Section 7.330.D). MINUTES OF THE MEETING OF THE MOUNT PROSPECT SIGN REVIEW BOARD November 16, 1992 CALL TO ORDER: The meeting of the Sign Review Board was called to order at 7:40 p.m. by Chairperson Adelaide Thulin Monday, November 16, 1992 at the Village Hall, 100 South Emerson Street, Mount Prospect, Illinois. ROLL CALL: Members of the Sign Review Board present were John McDermott, Richard Rogers, Elizabeth Luxem, Hal Predovich, Warren Kostak, and Chairperson Adelaide Tulin. Also present were Kenneth Fritz, Economic Development Coordinawt; Harold Rentschler, and Richard Hendricks, Village residents; Allen Aynessazlan, representing Giordano's Pizza; and Bill Fell, representing Shell Oil. MINUTES: Minutes of the November 2, 1992 were approved unanimously on a motion by Elizabeth Luxem, seconded by Richard Rogers. NEW BUSINESS: 1 11 a Sjgn!n37-_9.2, G no'A Pizza, 82Q East Rand Rogd: Giordano's Enterprises requests the modification of two existing wall signs and freestanding sign to include the telephone number for carry -out services in combination with other permanent items of information identifying the restaurant and pizzeria. Previously the staff and Sign Review Board have discouraged phone numbers from being added to copy, except in those cases where a temporary sign was located on property for sale or lease. Real estate brokers and insurance agents have asked for phone numbers to be added. The Ordinance does not specifically prohibit phone numbers from being added on to the copy, however, they have been discouraged nonetheless. Staff brought the matter before the Sign Review Board inasmuch as the established practice by staff and previous decisions by the Sign Review Board have been to discourage phone numbers from inclusion on sign copy. Elizabeth Luxem stated her concerns that the phone number being added to sign copy would set a precedent for other parties asking for a phone number on each and every sign. She felt that the phone number being added to the copy was not necessary. John McDermott Indicated that he felt the phone number by itself was 0. K. but there should not be any reason to put the verbiage regarding pick-up and delivery on the sign. The phone Sign Review Board Minutes Page Two November 16, 1992 number by itself conveyed the message that pick-up and delivery was available. Warren Kostak indicated that, in his opinion, a phone number was not objectionable provided it met the standard of no more than ten items of information on the sign copy. Mr. Allen Aynessazian, representing Giordano's, stated that the phone number has been added to all of their more recent signs for franchise operators in the Chicago area:. There are few, if any, franchise operations of Giordano's that .do not provide carry -out and delivery service. He could not, however, comment on the percentage of business at the subject site for carry -out and delivery. He indicated that the freestanding sign, as proposed, would meet the earlier Sign Review Board case where an approval was granted to Giordano's, -Thunderbird Bowl, CrystalCourt, and Thunderbird Office Complex for freestanding signs in the immediate vicinity. , The pylon sign proposed would be double- faced and would stand 12' above grade. It would be 10' wide and 5'high,.leaving a 7' clearance from the bottom of the sign to the ground. Both well signs are proposed to be 6' wide and 4' high, replacing wall signs that presently are 8' wide and 6' high. The wall signs would be placed on the front wall adjacent to Rand Road, replacing a plywood sign and on the south elevation of the building adjacent to the parking lot shared by Thunderbird Bowl and Giordano's Pizza. ` The other existing wall sign on the north elevation would be removed Motion: A motion was made by Mr: Predovich seconded by Mr. Kostak, to allow the phone number on the two wall signs and the double-faced pylon as represented in the drawing submitted for review by Giordano's. It was understood that the north wall sign would be removed as well as the plywood sign on the front elevation. Vote on the motion to approve the signs as presented was approved 4 -ayes, 2 nays,_ Elizabeth Luxem and Richard Rogers voting nay. Elmhurst This is a request by Shell Oil to seek a special use to increase the number of items of information from 6 to 14 when combined with changeable copy for a freestanding Shell Oil identification sign. The two existing identification signs located adjacent to; Algonquin and Elmhurst Roads will be removed and replaced with a single freestanding sign at the corner of this intersection. Shell Oil totally revamped the concept of full-service station at this location five years and included a car wash .and a food mart. In order to accommodate their franchised ETD (experience the difference), identification for a full range of self-service and automotive products, they wish to remove the Shell I.D. gas/gas price signs located adjacent to Elmhurst Road and Algonquin Road. They plan to replace them with -a single 12' high Shell I. D. sign to include the ETD logo and incorporate the gas pricing panels along with the car wash identification. The copy on the sign includes 14 separate' items of information. Our Ordinance requires that the permanent items of information be reduced to 6 when combined with changeable copy as in the gas price, panels. They seek a Special Use Equity Option to increase the number of items of information from 6 to 14. In exchange for the number of items of information, they are removing the two existing freestanding I.D. signs. Sign Review Board Minutes Page Three November 16, 1992 Staff recommended the approval of the request since it ties in with Shell's overall sign package for the ETD franchise and does not violate the Ordinance with respect to number of signs, site distance triangle and landscape requirements. Motion: A motion was made by Richard Rogers, proposal to increase the number of item panels with the Shell logo, the ETD, identification pylon sign to be located at The motion passed unanimously 6 ayes, 47, 10M 0 mill. 0101i of 0 LOMMIZem6tI.In I•-TMF7Urt-4fa7FT-M anuAigonquin 1 11 Wma S. 0 nays. Mr. Richard Hendricks stated that the Lexington Home signs promoting the sale of the Old Orchard Townhome development and, Schoenbeck and Rand need to be removed since all of the units have been sold in the development. Mr. Fritz indicated that he had earlier in the day visited the site and found no one at the construction trailer. It was his intent to call the Lexington Home corporation and follow-up with a letter asking for the removal of these freestanding sale signs. Mr. Richard Hendricks also questioned the interpretation of the Sign Ordinance as I related to street frontage, relating to signage. He stated that since the Ordinance reads "no more than one freestanding sign per street frontage per lot shall be permitted" for both permanent and temporary signs that this meant a corner lot or a lot having more than one street frontagevas only entitled to have one freestanding sign since the lot only has one frontage or front yard. The Sign Review Board unanimously stated their interpretation of the code to allow a freestanding sign for each street frontage abutting a lot of record. They cited the example of Century Tile wherein four separate streets front the lot of record. They also stated that residential lots on corners or through lots where the lot abuts two streets would also be interpreted to have more than one street frontage. Mr. Fritz asked the Sign Review Board if they wished to make an amendment to the Sign Ordinance relating to the potential clarification of sign copy specifically dealing with phone numbers. After a brief discussion it was decided that the phone number question should be resolved at the Sign Review Board level only if the staff feels that the copy is cluttered or does not meet the standard for number of items of information. Sign Review Board Minutes page Four November 16, 1992 ADJQU NISI N'f. The meeting was adjourned at 8;5 pm. on a motion by Richard Roge, seconded by Elizabeth Luzern. The motion to adjourn }gassed unanimously. Res lly sub itte rzx erf eth H. Fritz Economic D elopme or inator HF.b 4 The petitioners are requesting the following: 1. rezoning from R -X Single Family to R-1 Single Family as provided for in Article XI to permit a conforming two -lot subdivision. 2. Special Use Permit as required in Section 14.1101.0.$ to allow garages designed to house more than two vehicles. 3. Variation to Section 14.3016 to allow driveways 30 feet in width instead of the maximum 21 foot allowed. Upon completion of the public hearing, Village Board action will be required for this case at their meeting of January 5 1993. ZB&C—A-92, Eavia Rand -11-1 oft South EmmQn Street The petitioner is seeking a variation to Section 21.90x3 to allow a six 6) foot fence and gates to remain along the exterior yard property line and from the exterior sideyard to the rear building line instead of the maximum allowed 5 feet. The Zoning Board of Appeals is final in this case. (SEE NOTE) MAYOR ° GERALD L.. FARLEY TRUSTEES MARK W.. BUSSE GEORGE A,. CLOWES TIMOTHYJ.CORCORAN LEO FLOPOS PAUL WM. HOEFERT !RVANA K. WILKS Village of Mount Prospect VILLAGE MANAGER MICHAEL E. JANONIS VILLAGE CLERK 100 South Emerson Street. Mount Prospect, Illinois 60056 CAROL A, fIELOS Phone: 706 / 392-6000 Fax: 708 / 392-6022 AGENDA ZONING BOARD OF APPEALS Regular Meeting Thursday, December 10, 1992 7:30 P.M. Senior Citizen Center 50 South Emerson Street 4 The petitioners are requesting the following: 1. rezoning from R -X Single Family to R-1 Single Family as provided for in Article XI to permit a conforming two -lot subdivision. 2. Special Use Permit as required in Section 14.1101.0.$ to allow garages designed to house more than two vehicles. 3. Variation to Section 14.3016 to allow driveways 30 feet in width instead of the maximum 21 foot allowed. Upon completion of the public hearing, Village Board action will be required for this case at their meeting of January 5 1993. ZB&C—A-92, Eavia Rand -11-1 oft South EmmQn Street The petitioner is seeking a variation to Section 21.90x3 to allow a six 6) foot fence and gates to remain along the exterior yard property line and from the exterior sideyard to the rear building line instead of the maximum allowed 5 feet. The Zoning Board of Appeals is final in this case. (SEE NOTE) Zoning Board of Appeals Agenda Page 2 The petitioner is requesting a Special Use Permit as required in Section 14.2001.0.5 to allow the installation of a roof -mounted satellite antenna Upon completion of the public hearing, Village Board action will be required for this ease at their meeting of January 5 1993. This case was continued from the November 12, 1992 Zoning Board of Appeals; meeting. The petitioners are seeking the following; 1. A rezoning from 1-1 Light Industrial of Article XXII to R-3 Apartment Residence of Article XIV,' as allowed in Article VIII, Amendments, 2. A Special Use Permit as required in Article XXV to allow a; Planned Unit Development which consists of 82 townhome units on 8.76 acres. Upon completion of the public hearing, Village Board action will be required for this case at their meeting of January 5, 1993. NOTE; In A cases where the Zoning Board of Appeals is final, a fifteen (15) day period is provided for anyone wishing to appeal their decision. No permit will be issued until' this period has elapsed. VILLAGE OF MOUNT PROSPECT PLANNING DEPARTMENT Mount Prospect, Illinois TO: MICHAEL E. JANONIS, VILLAGE MANAGER ' FROM: DAVID M. CLEMENTSrDI-R RECTOR OF PLANNING MICHAEL E. SIMS, PLANNER )kj DATE: DECEMBER 4, 1992 SUBJECT: PROPOSED CATHOLIC CHARITIES SENIOR HOUSING As you requested, the following is additional information regarding the apartments for the elderly in our downtown redevelopment area: Tenant Profile: Catholic Charities expects 70 of the 75 apartments to be occupied by single women. The remaining five units would be occupied by single men. The average age of the resident would be 74. Incomes range from Social Security levels up to a program maximum. The maximum income for one person is $16,400. The maximum income for two persons is $18,500. 2. Rental Rates: Tenants pay 30% of their monthly income for rent, including heat and water. Tenant payments for rent average about $200 a month. 3. Apartment Details- All 75 apartments will be one -bedroom units with a floor area of approximately 530 square feet. HUD allows a maximum apartment size of 540 square feet. The units will be constructed to meet Mount Prospect Building Codes. The size of the market rate apartments to be constructed by Broadacre will be: Studios - 600 to 800 square feet 4 i6whi, 4. Ownership/Management; The apartment building will be conveyed from Catholic Charities to a 501 C not-for-profit local corporation, soon after completion. The Archdiocese of Chicago will not be involved with ownership. The grant to construct the apartment building specifies that the units must be used for income eligible elderly residents for 40 years. 5. E aiibilily ListforApavmem5: Representatives of Catholic Charities state that initial occupancy of the apartments can be done by a lottery or a first- come, first-served basis. Eligible Mount Prospect residents will have first Michael E. Jannis Page 2 December 4, 1992 priority for the apartments. Further, a waiting list is established and Mount Prospect residents, or family of residents, will always have first priority on the waiting list. 6. Centennial Apartments: The 198 unit Centennial Apartments were constructed 10 years ago with private financing. Tenants at Centennial must meet the same guidelines as Item 2 above. 7. Allmative Site Analysis: As previously stated, the Planning Department began a review of possible sites for apartments for the elderly several years ago, prior to preparing the Comprehensive Housing Affordability Strategy. These sites were reconsidered when the Catholic Charities proposal came about. The review included an analysis of lot size, zoning, cost, availability of services and consideration of surrounding land uses. Please see the attached spreadsheet for a complete summary of these alternative sites. Zoning; It is important to point out that the type of development being proposed for the Pine/Wille block, both by Catholic Charities and Broadacre, does not match up very well with our existing Zoning Ordinance. While the concept generally meets the goals of the Comprehensive Plan, our Zoning Ordinance is poorly suited for implementation. Items such as density, height, floor area ratio, setbacks and parking for this type of development differ greatly with the existing R-4 and R-5 Zoning Districts. Rather than process the Pine/Wille redevelopment with extreme variations of existing regulations, and the interpretation problems that presents, it is apparent that certain amendments to the Zoning Ordinance will be necessary. Fortunately, our revised Zoning Ordinance is in draft form, and helps lay the groundwork for this task. This is mentioned so there is an understanding that implementation will require amendments to the Zoning Ordinance. DMC:hg FUTURE EXTENSION THE VILLAGE OF MOUNTR•ILLINOIS OMTON ST Site Analysis Senior Residential Building Location Map Ice AKIMq - My wom-u__ ._-__- Lot" -,pm'e - _ -- A,__-WEAWKWE KWN not- wwPKA _ _, IE As z� _- �t = --- -_ -. - __ :T� _.- War...- _ no of 1 -v p_� h. on hz_«_ - - - -�a _u a awtv mv- _ 02 001 15 wqW Not W- _� �� , . 4 im Eno :V - n_ Mum _'0 -_ _- -- .� , - a-05 Hun Y ME Vw x AW CAS�IWSC MU Rnm hot -, raki rolem _ - --. 52 ,,EC, 10 ye - - _ - vu _. 2 Sa_ youn inkly Pot at A son Lon" :r _ WON; _ No 5in noun krnmm imn at _ -_:"Own wzw .--_--- -- - a WKEqnsk no Psi -_ - Any , - ,_ ._ Von gm - v ,v , -- -_= 7 ,- __ num 1 Own, n1:0 _ t - - - 'Woo pop-, Ig _ nywAI zomony _ No i fits, C was