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HomeMy WebLinkAboutI. COW Agenda 07/14/2009 COMMITTEE OF THE WHOLE AGENDA Meeting Location: Mount Prospect Village Hall 50 South Emerson Street Meeting Date and Time: Tuesday, July 14, 2009 7:00 p.m. I. CALL TO ORDER - ROLL CALL Trustee Paul Hoefert Trustee John Korn Trustee Steven Polit Mayor Irvana K. Wilks Trustee Arlene Juracek Trustee John Matuszak Trustee Michael Zadel II. ACCEPTANCE OF MINUTES OF THE COMMITTEE OF THE WHOLE MAY 26,2009 III. CITIZENS TO BE HEARD IV. 2010-2014 CAPITAL IMPROVEMENTS PLAN In 1997, the Village Board formally adopted its first comprehensive 5-year Capital Improvements Plan (CIP). In previous years, the Village used a number of separate documents in its capital projects planning. While each of these documents was useful in its own right, none offered an overall picture of the Village's capital needs. The establishment of a formal 5-year Capital Improvements Plan (CIP) provides a comprehensive view of the Village's capital needs for consecutive rolling five- year windows. The proposed 2010-2014 CIP is generally comprised of projects that involve the purchase or construction of long-lived, tangible assets at a cost of $25,000 or more. The total cost of all requests for all years included in the plan is approximately $44.9 million. Many of the requests in the plan are simply continuations of established projects. Others are projects not currently in progress but have been discussed by the Village Board on previous occasions. Some requests are being presented for the first time through the CIP. Given that the CIP is intended to afford a comprehensive view of the Village's capital needs, it is fitting that all of these project requests be included in the proposed plan. Of the $44.9 million of project requests included in the proposed CIP, $35.4 million, or 78.6%, is for the continuation of established projects including approximately $14.1 million for street resurfacing. 1 A project's inclusion in the CIP does not guarantee its funding and accomplishment. The CIP is a planning document. As such, it is subject to change. The CIP is reviewed and updated on an annual basis. The next CIP will cover the years 2011 through 2015. 2010 project requests included in the proposed CIP amount to $7.8 million. This is a decrease of $14.2 million from first-year projects in the 2009-2013 CIP. First-year projects in 2009 included Phase I costs associated with the construction of a replacement Fire Station #14, Public Works Expansion and an Emergency Operations Center. In 2010, the Street Improvement Program accounts for $1.9 million and Combined Sewer Improvements account for $1.0 million of the first year total. Of the total projects proposed for 2010, $6.3 million (80.3%) is for the continuation of established projects including $3.25 million for the street program. The proposed 2010-2014 CIP was distributed on June 5, 2009 to the Finance Commission and the Village Board. The Finance Commission held a meeting on June 25, 2009 to review the proposed document. Once the Committee of the Whole completes its review of the proposed 2010-2014 CIP, it will be presented to the Village Board for formal acceptance on July 21,2009. Staff will make a presentation on the projects included in the five-year plan and will be on hand to answer questions and facilitate discussion V. MANAGER'S REPORT . Status VI. ANY OTHER BUSINESS VII. ADJOURNMENT NOTE: ANY INDIVIDUAL WHO WOULD LIKE TO A TTEND THIS MEETING BUT BECAUSE OF A DISABILITY NEEDS SOME ACCOMMODATION TO PARTICIPATE, SHOULD CONTACT THS, VILLAGE MANAGER'S OFFICE A T 50 SOUTH EMERSON, MOUNT PROSPECT, ILLINOIS 60056, 847/392-6000, EXTENSION 5327, TOO #847/392-6064 2