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HomeMy WebLinkAboutVB Agenda Packet 12/04/2000 Next Ordinance No. 5156 Next Resolution No. 37-00 ORDER OF BUSINESS REGULAR MEETING (NOTICE DATE CHANGE) Meeting Location: Meeting Date and Time: Mount Prospect Senior Center Monday 50 South Emerson Street December 4, 2000 Mount Prospect, Illinois 60056 7:30 P.M. I. CALL TO ORDER II. ROLL CALL Mayor Gerald "Skip" Farley Trustee Timothy Corcoran Trustee Dennis Prikkel Trustee Paul Hoefert Trustee Michaele Skowron Trustee Richard Lohrstorfer Trustee Irvana Wilks Ill. PLEDGE OF ALLEGIANCE: Trustee Lohrstorfer IV. INVOCATION: Trustee Prikkel V. APPROVE MINUTES OF REGULAR MEETING OF NOVEMBER 21, 2000 VI. ~APPROVE BILLS (To be considered under Consent Agenda) VII. MAYOR'S REPORT A. A RESOLUTION FOR THE HOLIDAY SEASON (Exhibit A) B. Appointments ANY INDIVIDUAL WITH A DISABILITY WHO WOULD LIKE TO ATTEND THIS MEETING SHOULD CONTACT THE VILLAGE MANAGER'S OFFICE AT I00 SOUTH EMERSON STREET, 847/392-6000, TDD 847/392.6064, VIii. COMMUNICATIONS AND PETITIONS - CITIZENS TO BE HEARD IX. CONSENT AGENDA *All items listed with an asterisk are considered routine by the Village Board and will be enaCted by one motion. There will be no separate discussion ofthose items unless a Board member, or resident from the audience, so requests, in which event the item will be removed from the Consent Agenda and considered in its normal sequence on the agenda. X, OLD BUSINESS XI. NEW BUSINESS A. '1st reading of AN ORDINANCE AMENDING CHAPTER 8 OF THE VILLAGE CODE OF MOUNT PROSPECT (Exhibit B) This ordinance amends Chapter 8 of the Village Code by bringing various sections of the Code into compliance with the Taxpayers' Bill of Rights Act. B. PUBLIC HEARING This Public Headng, called pursuant to proper legal notice having been published in the Daily Herald on November 23, 2000, is for the purpose of presenting the 2000 property tax levy. C. 1st reading of AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR THE CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31,2000 (Exhibit C) D. Ist reading of AN ORDINANCE TO ABATE A PART OF TAXES LEVIED FOR CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31, 2000 (Exhibit D) E. Ist reading of AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE AND SPECIAL SERVICE AREA NUMBER SIX OF THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31, 2000 (Exhibit E) F. 1st reading of AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR UNLIMITED TAX BONDS OF SPECIAL SERVICE AREA NUMBER SIX OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31,2000 (Exhibit F) G. 1s~ reading of AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2001 AND ENDING DECEMBER 31, 2001 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE (Exhibit G) H. A RESOLUTION OF INTENTION TO ISSUE REVENUE BONDS OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $10,000,000, TO FINANCE ALL OR A PORTION OF THE COST OF ACQUIRING LAND, BUILDINGS AND RELATED IMPROVEMENTS, FURNISHINGS, EQUIPMENT AND RELATED PROPERTY, CONSTRUCTING IMPROVEMENTS THERETO AND ACQUIRING FURNISHINGS, EQUIPMENT AND RELATED PROPERTY TO BE INSTALLED THEREIN FOR URBAN MOUNT PROSPECT SOUTH LIMITED PARTNERSHIP, OR ITS DESIGNEE; AUTHORIZING THE EXECUTION OF A MEMORANDUM OF AGREEMENT BY AND BE-RNEEN THE VILLAGE AND SAID COMPANY; AND RELATED MATTERS (CENTENNIAL APARTMENTS - SOUTH) (Exhibit H) I. A RESOLUTION OF INTENTION TO ISSUE REVENUE BONDS OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $9,000,000, TO FINANCE ALL OR A PORTION OF THE COST OF ACQUIRING LAND, BUILDINGS AND RELATED IMPROVEMENTS, FURNISHINGS, EQUIPMENT AND RELATED PROPERTY, CONSTRUCTING IMPROVEMENTS THERETO AND ACQUIRING FURNISHINGS, EQUIPMENT AND RELATED PROPERTY TO BE INSTALLED THEREIN FOR URBAN MOUNT PROSPECT NORTH LIMITED PARTNERSHIP, OR ITS DESIGNEE; AUTHORIZING THE EXECUTION OF A MEMORANDUM OF AGREEMENT BY AND BETVVEEN THE VILLAGE AND SAID COMPANY; AND RELATED MATTERS (CENTENNIAL APARTMENTS - NORTH) (Exhibit I) XlI. VILLAGE MANAGER'S REPORT A. ~ACcept proposal for property, EMT, excess workers compensation, and boiler insurance for the year 2001 B. WAccept proposal for liability and public officials insurance for the year 2001 C. Status Report Xlll. ANY OTHER BUSINESS XIV. ADJOURNMENT MINUTES OF THE REGULAR MEETING OF THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT November 21, 2000 CALL CALL TO ORDER TO ORDER Mayor Gerald Farley called the meeting to order at 7:34 p.m. ROLL CALL ROLL CALL Present: Mayor Gerald Farley Trustee Timothy Corcoran Trustee Paul Hoefert Trustee Richard Lohrstorfer Trustee Michaele Skowron Trustee lrvana Wilks Absent: Trustee Dennis Prikkel PLEDGE PLEDGE OF ALLEGIANCE Trustee Hoefert led the Pledge of Allegiance. INVOCATION INVOCATION Mayor Fadey gave the invocation. MINUTES APPROVAL MINUTES Trustee Wilks, seconded by Trustee Skowron, moved to approve the minutes of the regular meeting held November 8, 2000. Upon roll call: Ayes: Hoefert, Lohrstorfer, Skowren, Wilks Nays: None Pass: Corcoran Motion carded. BILLS APPROVE BILLS Mayor Fadey stated that the next item on the agenda, "APPROVE BILLS" was shown with an asterisk, and that all items further noted in that manner would be MAYOR'S considered with one vote under "IX. CONSENT AGENDA." REPORT: MAYOR'S REPORT TEDDY BEAR Mayor Fadey read a proclamation for Teddy Bear Walk Week, December 3-8, WALK WEEK 2000. DEC. 3-8 There were no appointments made to boards or commissions. CITIZENS COMMUNICATIONS AND PETITIONS - CITIZENS TO BE HEARD Don Harmon, 16 N. William expressed his opinions about the proposed Real Estate Transfer Tax Ordinance. CONSENT AGENDA: CONSENT AGENDA Trustee Hoefert, seconded by Trustee Skowren, moved for approval of the following items of business: BILLS 1. Bills, dated November 16, 2000 RES. 37-00 2. Resolution No. 37-00, A RESOLUTION APPROPRIATING MOTOR MFT FUNDS FUEL TAX FUNDS BID RESULTS: 3. Bid results: TRAFFIC A. Traffic signal maintenance contract (Aldridge Electric) SIGNAL MAINT. B. Police/Fire Department training room (United Visual) POLICE/FIRE 4. Board acceptance of Village newsletter printing services (Pdnt TRAINING Turnaround) ROOM 5. Board acceptance of a cured-in-place sanitary sewer repair contract NEWSLETTER (Insituform Technologies, Inc.) PRINTING Upon roll call: Ayes: Corcoran, Hoefert, Lohrstorfer, Skowron, Wilks Nays: None CURED-IN- Motion carded. PLACE SANITARY SEWER OLD BUSINESS There was no old business to be discussed. NEW BUSINESS ZBA 43-2000, 1201 Feehanville Drive, AT&T Broadband. ZBA 43-2000 An ordinance was presented for first reading, which would grant variations for the 1201 installation of 6 additional ground-mounted satellite dishes, for a total of 14. The FEEHANVILLE, Zoning Board of Appeals has recommended approval by a vote of 6-1. AT&T BROADBAND Bill Cooney, Director of Community Development, briefly explained each of the three variations to the Board. Peter Jankovic, AT&T Broadband representative, was in attendance to answer questions in regards to landscaping and proximity of the dishes to residences. Trustee Corcoran, seconded by Trustee Hoefert, moved to waive the rule requiring two readings of an ordinance. Upon rollcall: Ayes: Corcoran, Hoefert, Lohrstorfer, Skowron, Wilks Nays: None Motion carried. ORD. 5156 Trustee Corcoran, seconded by Trustee Hoefert, moved for approval of Ordinance No. 5156 as presented: AN ORDINANCE GRANTING A VARIATION FOR PROPERTY LOCATED AT 1201 FEEHANVILLE DRIVE Upon roll call: Ayes: Corcoren, Hoefert, Lohrstorfer, Skowron, Wilks Nays: None Motion carried. VILLAGE MANAGER'S REPORT VILLAGE Assistant Village Manager Dave Strahl noted that the last budget meeting would MANAGER'S be held on November 28th with a start time of 6Pm, and the first Board meeting in REPORT December would be Monday December 4 at 7:30pm to accommodate the state mandated public meeting for the proposed tax levy. Mr. Strahl also noted that on Saturday December at 5pm the Village would be holding a Winter Festival Parade. Finally Mr. Strahl mentioned that Coffee with Council would be held on Saturday December 9th starting at 9am at Village Hall. Page 2 - November 21, 2000 ANY OTHER ANY OTHER BUSINESS Public Works Director, Glen Andler, reported that Route 83 constructiOn is BUSINESS complete and that a ribbon cutting ceremony would be held on November 22nd at 3:30pm, to mark the completion of the project. Trustee Wilks had a few questions in regards to the sidewalks along the mute. AJOURN ADJOURN Mayor Fadey adjourned the meeting at 7:56 p.m. Kimberly A. Dewis Deputy Village Clerk Page 3 - November 21,2000 VILLAGE OF MOUNT PROSPECT CASH POSITION 30-Nov-00 Cash & Invstmt Receipts Disbursements Other Cash & Invstmt Balance 11/17/00 Per Attached Credits/ Balance 111171100 11/30/00 List of Bills Debits 11/30/00 General Fund 9,499,461 623,382 406,102 9,716,741 Special Revenue Funds Refuse Disposal Fund 1,815,366 67,571 9,521 1,873,416 Motor Fuel Tax Fund 1,883,372 (9,073) 448 1,873,851 Local Law Enfrcmt BIk Grant Fd 1997 10,222 20,662 21,110 9,774 Communib7 Development BIk Grant Fund 13,049 (21,110) (8,061) Debt Service Funds 1,546,422 19,821 1,566,243 Capital Proiects Funds Capital Improvement Fund 2,652,011 50,000 12,244 2,689,767 Police & Fire Building Construction Fund 55,378 55,378 Capital Improvement Construction Fund 184,742 184,742 Downtown Redevelopment Const Fund 668,170 1,268 3,637 665,801 Street Improvement Construction Fund 3,023,503 66,766 3,090,289 1998A Flood Control Construction Fund 4,814 . 4,814 Flood Control Construction Fund 2,928,102 14,463 2,913,639 Enterprise Funds Water & Sewer Fund 3,123,002 249,024 130,172 3,241,854 Parking System Revenue Fund 717,801 5,368 8,053 715,116 Internal Service Funds Vehicle Maintenance Fund 240,811 668 27,606 213,873 Vehicle Replacement Fund 5,456,425 151,599 5,304,826 Computer Replacement Fund 301,772 301,772 Risk Management Fund 2,880,990 38,640 194,006 2,725,624 Trust & Agency Funds Police Pension Fund 31,704,194 17,534 29,186 31,692,542 Fire Pension Fund 32,969,332 14,140 26,699 32,956,773 Flexcomp Trust Fund 19,680 558 20,238 Escrow Deposit Fund 1,551,118 23,832 40,411 1,534,539 Benefit Trust Funds 85,626 571 85,055 103,335,363 1,169,071 1,075,828 103,428,606 REPORT: APBOARMRPT GENERATED: 1 APR 00 19:23 ~UN: THURSDAY NOV3000 13:30 PAGE 1 RDLEASE ID : VILLAGE OF MOUNT ~ROSPRCT LINT OF BILLS PRESENTED TO TEE BOARD OF TRUSTEES FRRM NOVRMBER I7 2000 TO NOVRMBAX 30 2000 ME~T VF~DOR NBR VENDOR NANE INVOICE DESCRI~TIUN ANOUNT 001 02950 ACME TRUCK BRAKE & SUPPLY CO. BATTERIES 259.22 01071 ADDISON BUILDING MATERIAL CO. AXOXY PASTE FOR BOOTS 70.42 01112 ADVANCED LIGHTING CORP. FIGHTING HAND LIGHTS 600.00 05222 RMERICAN INDUSTRIAL UNIFORM RENTAL & CLEANING 119,00 UNIFORM RENTAL & CLEANING 119.00 230.00 01620 ANAXPOAN I~NDSCAEING INC. p~Y RESTORATION 1791.00 01780 ANAXITECH SERVICE 57.45 SHIPPING CHARGES 4.25 61.70 01840 ANDERDUN PEST CONTROL AVITEOL ON ROOF TOPS 66.25 05499 ANDERSON PUBLISHING CO. POLICE ETHICS-REPORT ~ITING 78.23 01904 ANI NARMTY, INC. RMERGENCY SUPPLIES 175.60 01973 APMA CHICAGO ~TRO CHAPTER REGISTRATION FEE 50.00 RDREEY/ANDLER 40.00 90.00 05044 AVIN RE}IT a CAR NTSTRM TLC UNIT LEASE 696.34 02405 B & B PNOTO/VIDgO DIGITAL CAMERA 57.40 04324 BANK UNB A~ARD-OFFICAX OF THE YEAR 250.00 05513 BANTLNTT, CANOLYNN TAX RELIEF GMANT 90.00 04354 BATTERY ZONE FLANELIGNT BATTERIES 113.00 05481 BICK~ER, UNRINTINE REAL ESTATE TRANSFER TAX 450.00 03915 BOAND OF CERTIFIED SAFETY PROF CERTIFICATION FEE 65.00 05493 BOND, WILLIAM & ELSIE REBATE 70.00 01006 BUSSE CAM WASH, INC, CAR WASH 10.50 01009 EYRRE, ~DA TAX RELIEF GRANT 100.00 05268 CAON INDUSTRIES SUPPLIES 1000.00 01049 CON GOVERI~4ONT, INC INTEL PRO 248.27 C~PUTER SUPPLIES 376.71 CRMPNTHR SUPPLIES 368.64 C~POTER SUPPLIES 135.62 REPORT: APBOARDRPT GENERATED: 1 APR 00 19:23 RUN: THURSDAY NOV3000 13:30 PAGE 2 RELEASE ID : VILLAGE OF MODNT PROSPECT LIST OF BILLS PRESENTED TO THE BOARD OF TRUSTEES FRUN N~ER 17 2000 TO NOVEMBER 30 2000 DE~T VENDOR NBR VENDOR NAME t~OICE DESCRIPTIUN AMOUNT CUNPUTER SUPPLIES 2849.99 HARDWARE UPGRADES 2074.99 MICROSOF~ PRESS OFFICE 2000 189.31 CUNE]TER SUPPLIES 2719.00 CUNPOTER SUPPLIES 148.00 OFFICE SUPPLIES 484.99 CUNP~TER SUPP 515.99 10111.51 05375 CENTURY CLEARERS CL~ OF BNFTING 152.00 01061 CERTIFIED LABORATORIES BALANCE OF PARTIAL ORDER/PARTS 47.04 05482 CHIAKUk~S, VICKY AND JA~ES REAL ESTATE TRANS~ZR TAX 640.00 01088 CHIEF SUPPLY C BATTERIES 30.80 01097 CINTAS CORE UNIFORM ~XP~SE/MECHANICS 72.00 CLEANING SERVICES 197.50 269.50 03800 CLARK, SANDRA M. CLOTHING ALLOEANCE 41.t4 01118 CLERK OF THE CIRCUIT COURT PAYROLL FOR - 113000 700.00 PAYROLL FOR - 113000 !90.00 890.00 00309 COONEY, };ILLIRM J. REI~URSL~ENT 78.00 05504 COSTALES SR., COLUNBUS REFUND i47.00 05503 CRYSTA~ MG}ff.&MAINTENANCE SERVICES 7290.00 01223 DAILY OFFICE PRODUCTS OFFICE SUPPLIES 154.14 OFFICE SUPP 73.47 OFFICE SUPP 211.75 439.36 01260 DEVELOPMENT SERVICES CENTER TARGETS FOR TEE RANGE 919.00 01262 DEWOLRE M~SIC LIBRARY FREIGHT FOR SHIPPING 8.00 01279 DISTINCTIVE BUSINESS PRODUCTS SUPPLIES 54.97 SUPPLIES 54.97 109.94 01287 DOOR SYSTEMS, INC. ~PAIRS 224.62 01350 END~VOR PLUS EXRM-KADZ I k~WSKI 318.00 00324 EVANS, MARGARMT REIMB EXPENSES 130.00 REPORT: APBOARDRPT GENERATED: I APR 00 19:23 RUN: THURSDAY NOV3000 13:30 PAGE 3 RELEASE ID VILLAGE OF MOUNT pROSpECT LIST OF BILLS PRESENTED TO THE ~OARD OF TRUSTEES UNC~ NO~lg~BER 17 2000 TO NOV~I{BER 30 2000 DEPT VENDOR NBR VENDOR RAMA INVOICE DRSCRIPTtUN AMOUNT 00325 EVANS, RALPH REIMB EXRERSES 150.00 01369 FAI~VIEW PRINTING SERVICE ELEVATOR REPUNT ~OP~S 106.00 00326 FARtEY, GERALD L. MANTING EXPENSE 216.77 01374 FAW~EY AND ASSOC. VINYL WINI)O~ LETTERING 20.00 01377 FEDERAL EXPRESS CUNP MISCHLk~NEUNS SHIPPING 30.17 OVERNIGHT SHI~MANT 14.30 44.47 04439 FICARELLA, NICK TAN RELIEF GRANT 100.00 01394 FIRE ENGINEERING STA 12,23,14 59.85 00102 FIRE PENSION AND PAYROLL FOR - 113000 14124.24 01402 FIREHUNSE MAGAZINE FIREHOUSE MAGAZINE 28.97 01422 FOLGERS FLAG & DECORATING, INC CHRISTMAS DECORATION 3025.00 05505 FOX INTEREATIUNAL LTD. SUPPLIES 204.89 01445 ~JITSU BUSINESS CC~h SYSTUNS CC~P]TER PARTS 170.00 01461 GALL'S, INC. REINCGATS 74.95 05495 GATRS, JOSEPH REBATE 105.60 03723 GL~NNO~LOS, P~TEX TAX RELIEF GRANT 100,00 04506 GILBO, MARY TAX RELIEF GRANT 100.00 01505 UNABTRE, RREIGIA TAX RELIEF GRANT 100.00 04448 GRO~ELAR, ~DITB R. TAX RELIEF G~ 100.00 01549 RAINRS & C~BANY DIRECTORY 222.75 NORTH PKG.CD 222.75 445.50 01558 EARSEN ASSOCIATES MONTHLY SERVICE 406.82 MONTHLY SERVICE 251.00 MONTHLY SERVICE 100.00 757.82 01559 ~ANSE~ INFOP~MATIUN TECHNOLOGY SOFTWARE 8000.00 SOFTWARE 840.00 8840.00 03600 HENGLEA, RICEARD TAX RALIEF GRANT 100.00 REPORT: APBOARDRPT GENERATED: 1 APR 00 19:23 RUN: TMURSDAY NOV3000 13:30 PAGE 4 RELEASE ID : VILLAGE OF MOUNT PROSPECT LIST OF BILLS PRESENTED TO THE BOARD OF TRUSTEES FRC~ NOVENENR t7 2000 TO NOVEMBER 30 2000 DE~T VENDOR MER VENDOR NAME INVOICE DRSCRIP?ION AMOUNT 01596 HINES LRMBER, EDWARD L~BER SUPPLIES 319.99 00514 HOCK, GEORGE T~X RELIEF GP~T i00.00 00106 IC~A RETtENMF2~7 TRUST - 401 PAYROLL FOR - 113000 650.82 ICMA-401 PLAN 867.76 1518.58 00107 ICMA ENTIRENENT TRUST - 457 PAYROLL FOR - 113000 14702.61 00108 ILLINOIS DEPANT~f~NT OF REVEN~ PAYROLL FOR - 113000 18421.92 01676 ILLINOIS DIVISION OF I.a.I. MEMBERSHIP DUES 30.00 01689 ILLINOIS GFOA PENSION SUBSCRIPTION 35.00 REGISTRATION 130.00 165.00 01698 ILLINOIS MUNICIPA~ LEAGUE 1 YR.SURSCRS~TDON 5.00 01121 ILLINOIS STATE DISBURSENENT UNIT PAYROLL FOR - 113000 6.50 PAYROLL FOR - 113000 519.23 PAYROLL FOR - 113000 195.50 721.23 03942 INTEENEDIA CO~9~UNICATIONS INTEENET ACCESS 1389.61 05500 JADRENKO BAJRIC PriaM ENVIE~ FOE 70.~0 00353 JANONIS, MICBARL E. LUNCH/MEETING 60.20 01794 K~E ~NTFOkMS, INC. ENIFOR~ SUPPLIES 281.00 BODY AP,~OR 300.00 CSO UNIFORM SUPPLIES 12.50 678.50 05483 KARL KUE~ERLING, INC. FORT-A-~RAP 166.95 05393 KENNELLY, TOM EXPENSE 155.97 01827 KLEIN, THORPE AMD JEMEINS,LTD. SERVICES 37190.79 01845 KRUSE, EDITH L. T~X RELIEF GRANT 43.35 05037 LASALLE BANK NA VILLAGE 825.45 01072 ~ATTOF CHEVROLET, INC. AUTOMOTIVE REPAIR PARTS 10.00 01918 LUNDSTROM'S NURSERY MISC.LENDSCAPE WORK 100.72 MISC.I~%NDSCAPE WORK 122.00 222.72 REPORT: APBOARDRPT GENERATED: 1 APR 00 I9:23 ~UN: THURSDAY NOV3000 13:30 PAGE RELEASE ID : VILIAOE OF MOUNT PROSREGT LIST OF BILLS PRESENTED TO THE BOARD OF TRUSTEES FRO~ NOVEMBER 1Y 2000 TO NOVLXBER 30 2000 DEPT VENDOR NME VENDOR NAME INVOICE DESCRIPTION AMOUNT 05496 MABAS DIVISION 10 REGISTRATION 35.00 01945 MALONE, MARIE TAX RELIEF GRANT 100.00 04956 MCDONALD'S PRISONER FOOD 384.48 05021 MENARDS ~OXY STEEL KIT 11.96 00116 METRO FEDERAL CREDIT UNION PAYROLL FOR - 113000 715.00 05371 METRO TRANSPORTATION GROUP,INC. SERVICES 423.20 02003 METDO?OLtTAN FIRE CHIEFS ASSDO MEMBERSHIP 30.00 05506 MICHAELS GI2~S MIRRORS INSTALLED 797.00 04322 MIDDRETON, JOAN CNA TRST FEE 100.00 02036 MILLER, ~. E. TAX RELIEF GRANT 100.00 02046 MOBILE PRINT INC. BUSINESS CARDS 54.00 MEMO PADS 296.52 BUSINESS CARDS 18%00 BUSINESS CARDS 36.00 BUSINESS CARDS 65.50 POSTCARDS 18.00 659.02 02066 MOUNT PROSPECT C~ER OF CO~ERCE LONCHEON-MAURA 18.00 L~CREON-JUDY 18.00 LUNCHEON/MEETING 30.00 66.00 02067 MOUNT PROSPECT HISTORICAL SOC. 2000 BUDGET ALDOCATION 2916.63 05480 MT.FEOSPECT FIRE DEPT.SFECIAL ~S MEETNG ATTENDEES 280.00 02085 MUNICIPAL CLERKS ASSOCIATION NOV.DtNNER MEETING 21.00 02098 MURRAY AMD TRETTEL INC CON?RACT FOR MEATHER FORECASTS 900.00 02107 RAPA-NEIGETS AOTC~CTIVE SUPPLY SEPT/OCT tNV 739.21 00123 NATDON!~IDE PAYROLL FOR - 113000 14725.10 02155 NEXTEL C(X~ONICATIONS SERVICE 2.79 05484 RITV CC~PNTRE VOICE 269.D0 02172 NORTH SUB. ASSOC. OF CHIE~ OF POLICE MCG~FEIN, PATTI,NAGEL,RIORDAN 80.00 ML~BERENIP/DOES 2001 50.00 130.00 05501 NORTH TOWN MECHANICAL SERV. REFI]ND 205.00 REPORT: APBOARORPT GENERATED: 1 APR 00 19:23 RUN: THURSDAY NOV3000 13:30 PAGE 6 RELEASE lB : VILLAGE OF MOUNT PROSPECT LIST OF BILLS PRESSED TO THE BOARD OF TRUSTEES FR~ NOVEMBER 17 2000 TO NOW)~BRE 30 2000 DE~T VENDOR NBR VENDOR NA~E INVOICE DESCRIPTION AMOUNT 02195 NORTHWEST FOR~ TRUCK CENTER 1 VACUEM P~P t78.01 05497 ORCNESTEA 33 ORCHESTRA FOR CELESTIAL 1000.00 02249 OTTOUEH TREVARTNEN BRITZ RELAY & SERVICES 56.00 PROFFESIONA5 SERVICES 120.00 176.00 02259 PAGEMET PAGER R~NTAL KERV. 12.38 05502 PALLIATIVE CARE CEMTER DONATI~ IN MEMORY M GRANT 50.00 02984 PAUL, CERISTIRE TAX RELIEF GEANT 50.59 00409 PAV~OCK, RONALD W. REIMRORSEMEMT 140.17 REIMBURSEMENT 1095.00 1235.17 02285 PEDERSEN & EDONT SERVICE 790.84 05510 PENA, OSCAR REFUND-2 VEH STICKERS 36.00 00124 POLICE PENSION FUND PAYROLL FOR - 113000 17533.95 04921 PO?E, ELIZAREEM a. PAYROLL FOR - 113000 923.08 02334 POSTMASTER BUSINESS REPLY PEEMIT/ACCT FEE 400.00 50 @ 6.60 330.00 730.00 02344 PREIRER ARIMAL HOSPITAL STRAYS-REP.OUT.2000 680.00 02393 RAY O'REREON CO.,INC. PELICAN 1450 CASE 107.50 02396 RAYMARE OFFICE PROD & ~UEM POLICE ACCT 320999 467.36 POLICE ACCT 320999 85.25 552.61 02382 R~ & ASSOCIATES REPLACEMENT TELEPHONE HEADSET 90.00 t{REDSETS/AMPLIFIER 327.50 HEADSETS/AMREIFIER 482.50 900.00 02401 RED WING SHOE STORE WORE BOOTS 314.50 02428 RIB~DO, VIOLA K. TAX RELIEF GREN~ 100.00 02442 RITZ CkwE2A PHOTO SUPP 228.80 00416 ROELS, ROBERT J. LUNCHEON STAFF MENTING 73.00 REPORT: APBOARDRPT GENERATED: 1 APR O0 19:23 RUN: THURSDAY NOV3000 13:30 PAGE 7 RELEASE ID VILLAGE OF MOUN~ PROSPECT LIST OF HILLS PRESL~TED TO THE HOARD OF TRUSTEES FROR NOVL~BEH 17 2000 TO NO, ER 30 2000 DEFT VENDOR NBK VENDOR HANE INVOICE DESCRIPTION AMOUNT ................................................................................................................................... 02465 ROTARY LUNCH CLUB OF MOUNT PROSPECT WEWEER~HIP/FIGOLAH 150.00 02466 R~ZA, REkNTWA TAX RELIEF GRANT 74.89 02467 ECOSE-RANDEUEST SHOP CENT, INC. RENT-DEC 2000.00 02468 ROUTE 12 RENTAL CO., INC. 2 RANPS-RUNTAL 54.00 05492 RUEHRDANZ, WALTER REBATE 70.00 05486 SAFETY SOURCE POLICE TRAFFIC VESTS 415.50 04673 SAN BEANARDINO COUNTY CHILD SUPPORT FLY, tENTS PAYROLL FOR - 113000 211.85 02494 SAVE-A-PET ADOPTION CENTER STRAYS-OCT.2000 350.00 05494 SUNIHLtE, DENNIS REBATE 175.00 05491 SUNLEITER, DANIEL REBATE 420.00 02536 SEVENTEEN SPECIALTIES INC. SERVICE 4320.27 02542 SREPP PEST CONTROL PE~T CONTROL SERVICES 295.00 02567 SMITH & WESSON I-KIT ANNUAL RENTAL MODEL 2000 100.00 I-KIT ANWEAL RENTAL MODEL 2000 308.00 408.00 02582 HORAR ENTERPRISES RANRE MAZNTEKANCE SUPPLIES 3t4.93 02586 SONTH SIDE CONTROL CORPANY HOWETWELA MOTOR W/ADAPTER 382.77 02591 SPECIALIZED R~8C~ SYSTEMS REPLACEi4ENT 186.30 04101 SPI DESTRIBNTION INC. INV 84013234 56.55 INV 84813235 56.51- 0.04 04139 STANARD & ASSOCIATES POLICE OFFICER RECRUIT TESTING 2840.00 02615 STANGORR, BEUNICE TAX RELIEF GPJu~T I00.00 02618 NTARS & STRIPES ~LAGS 964.60 04884 STO~ELL, ROBERT RE~NN 30.00 05511 TELENISUS CORP. ANNUAL MAINT 7085.00 02691 TEORPSUN ELEVATOR INSPEOTIUNS SERVICES 642.00 05508 TNN ASSOCIATES, INC. LASER FICHE 5830.00 02723 TRITON ELEC?RONICS, INC. VINDICATOR HA}ID HELD RADAR 112.33 02786 UNITED STATES POSTAL SERVICE POSTAGE BY PHONE 3000.00 REPORT: APBOARDRPT GENERATED: 1 APR 00 I9:23 RUN: TBURSDAY NOV3000 13:30 PAGE 8 RELEASE ID : VILLAGE OF MOUNT PROSPECT LIST OF BILLS PRESENTED TO THE BOARD OF TRUSTEES FROW NOVF24RER 17 2000 TO NOVEMBER 30 2000 DENT VENDOR NBR VENDOR NAME INVOICE DESCRIPTION AMOUNT 00127 UNITED WAY PAYROLL FUR - 113000 334.00 00128 VILLAGE OF MOUNT PDS?ECT PAYROLL FUR - 113000 2320.00 PAYROLL FUR - 113000 73.66 WATER SERV 40.20 SEWER SE~V 4.20 2438.06 04314 VILLAGE OFMODNT PROSPECT - PAYROLL WIRES PAYROLL FOR - 112400 75.58 PAYROLL FUR - 113000 150686.77 PAYROLL FUR - 113000 19368.89 PAYROLL FUR - 113000 13008.99 183140.23 05512 VOSS EQNT~M~NT, INC. REPLAC~NT W~EEL 67.49 01522 W.W. GRAINGRE INC. LOCKER 512.91 05489 WAREWODA, ZENUN REFUND 72.00 02844 WEARGUARD ARCTIC TUNDRA SYSTUN PARKA 157.44 02877 WILL COUNTY GOVE~NTAL LRA~E TAGS SUPPLIES 324.10 05034 WILSON NURSERIES, INU TREES 2857.18 02893 WOLF CAMERA, INC. PHOTO PROCESSING 8.79 PHOTO PROCESSING 46.97 55.76 02896 WORLD WINDOW CLRANING CO WINDOW CLEANING 866.00 05410 WORLDCUNWIRELESS, INC. SERVICE 66.15 SERVICE 169.02 SERVICE 112.81 347.98 05405 WOSICK, PATRICIA REIMBURSEMENT 1145.00 00464 WULBECKER, JEFFREY CLOTHING ALLOW 195.43 TOTAL : 406101.78 O5O 01302 ALDRIDGE ELECTRIC, INC. REP~CE OVERERAD SIGNALS 2355.00 02367 PSI RECONSTRUCTION PROG~S 3974.00 02624 STATE TREASURER MAINTENANCE 3192.18 TOTAL : 9521.18 RENO,: APBOARDRPT GENERATED: 1 APR 00 19:23 RUN: THURSDAY NOV3000 13:30 PAGE 9 RELfASE ID : VILLAGE OF MOUNT pROSPEC? LIST OF RILLS PARSENTED TO THE BOARD OF TRUSTEES ~ NOVRKBER 17 2000 TO NOV~ER 30 2000 DEF~ ~ENDOR NBR VENDOR NARE INVOICE NRSCItI~TION mOUNT 060 02064 M~OROLA, INC. VRK INSTALLATION 440.00 TOTAL 440.00 07O 01050 CEDA NORT}iWEST SELF-HELP CENT IMPROVE~IENTS TO FACILITY 15000.00 DEC3Y2000 RILLING 1437.51 16437.51 00335 ~OLEY, APRIL B. REIM~ SUPPLIES 293.98 04227 LEARNING FOR LIFE OCT-DEC.BILLING 625.00 02069 MOUNT PROSPECT PA~K DISTRICT ~Y-DEC BILLING I000.00 02419 RESOURCE CENTER FOR TAR ELDE~ OCT-DEC BILLING 437.50 04173 RICNAAR SIDING&WINDOWS BILLING FOR WINDO~ WORK DONE 900.00 02659 H~BURBAN PRIMA~Y N~ALTH CO~OTL NOV/DEC BILLING 1416.66 TOTAL 21110.65 510 01051 ADAMS INTERIO~ LTD MINI BLIND INSTALLED 110.00 01049 CDN GOVER~{ENT, INC C~PNTER SUPPLIES 1950.00 01147 C~ON~MALTE EDISON ELECTRICAL USAGE 14.73 01580 NRKRDOKSRK & C{I~AR~Y, INC. FE'ARITURK 9686.00 01596 NINES LHMBER, EDWARD SIDING 474.93 MATERIAL FOR SIDING 8.27 483.20 TOTAL 12243.93 550 05488 DI CLRMENTI, INC. PROFESSIONAL SERVICES 1000.00 01791 N-PLUS ENVIRONMENTAL, INC. ENGINEERING SERVICES 2002.50 04258 SPACECO INC SURVEY 555.00 TOTAL 3637.50 05509 PNTER F.OLES~N AND ASSOC. RKGINEERING NERV. 14462.70 TOTAL 14462.70 6t0 05222 AMERICA~ INDUSTRIAL UNIFORM RSNTA~ & CLH~NtNG 119.00 REPORT: AREOARDRPT GENERATED: 1 APR 00 19:23 RUN: THURSDAY NOV3000 13:30 PAGE 10 RELEASE ID : VILLAGE OF MODNT PROSPECT LIST OF BILLS PRESENTED TO THE BOARD OF TRDSTEES FRC~ NOVEMBER 17 2000 TO NOVEMBER 30 2000 DENT VENDOR NME VENDOR NAME INVOICE DESCRI~ION AMOUNT UNIFORM RENTAL & CLEANING 119.00 238.00 01620 RMERICAM LANDSCAPING INC. PANi4~AY RESTORATION 4729.80 02541 BARSON CHEMIC,~L CO. GRANV'm~R RELORIWE 131.00 01147 C(I~ONWEALTH EDISON ENERGY CRARGES 179.63 ACCT 0770712000 19601.39 19781.02 01211 CUES, INC. CABLE REPAIR KIT 334.61 01323 EAST JORDAN IROENOWKS PARTS 275.40 04216 ENGINEERED FILL SYSTEMS FLASH FILL 2803.29 01878 I,AYNE-RESTDRD CCMPANY,INU LABOR AND EQUIPMENT 5801.25 01918 LUNDNTR~'S NURSERY MOWING 2198.76 01936 MAIL BOXES ETC. (iSA UPS CHARGES 171.69 00395 MIREALIK, JOEL ADVAMCE-UW-MADIPON 236.50 02673 T & P SALES PARTS 16.96 04396 TEST RMREIOW INC. BACTERIA TESTS 14.00 02624 TREASURER, STATE OF ILLINOIS RONTE 83 91898.07 02735 ~].S. FILTER DISTRIBUTION GROUP VALVES W/ACCESSORIES 1475.64 05479 ULTI~NTE OFFICE MACK 66.05 TOTAL : 130172.04 630 01620 AMERICAN LANDSCAPING INC. SERVICES TO PLANT FLOWER BULBS 3998.00 05268 CADE INDUSTRIES SUPPLIES 1500.00 01147 CO~ONWEANTB EDISON SERVICE 1470.96 02806 VILLAGE OF MOUNT PROSPECT WATER SERV 20.10 SEWER EERV 2.10 22.20 02896 WORLD WINDOW CLEANING CO WINUO~ CLEANING 1062.00 TOTAL : 8053.16 660 01187 AETNA TRUCK PARTS R~PAIR PARTS 291.09 REPORT: APBOARDRPT GENERATED: 1 APR 00 19:23 RUN: THURSDAY NOV3000 13:30 PAGE 11 RELEASE ID : VILLAGE OF MOUNT pROSpE~: LIST OF BILLS PRESRETED TO THE BOARD OF TRUSTEES FR~ BOVE~ER 17 2000 TO NOVS~BER 30 2000 DEPT VENDOR RER VENOOR NAME INVOICE DESCRIPTION AMOUNT 01582 k~ERICAN FIRE & SAFETY SERVICE CHARGE 83.25 01937 ANTIOCH TIRE, INC. TIRE REPAIR 72.00 TIRE REPAIR 33.00 105.00 01006 BUSSE CAR WASH, INC. CAR WASRES-OCT,2000 1002.75 05268 CADE INDUSTRIES SUPPLIES 105.00 01236 DAVE & JIM'S AUTO BODY, INC. ESEEL ALIGNMENT P-18 35.00 05296 FOESULA AUT~UTIVE FON5 FOR VEHICLE 236.55 03958 FREUND INTERNATIONAL INTERNATIONAL TRUCK PARTS 316.81 PARTS 202.27 519.08 01511 GOODYEAR SERVICE STORES E~GLE RSA POLICE PERSUIT TIRES 559.80 TRUCK TIRES 363.40 POLICE PERSUIT TIRES 538.08 1461.28 01872 LATTOF CHEVROLET, INC. AUTC~{UTIVE REPAIR PARTS 784.11 AUTOMOTIVE REPAIR PARTS 1163.22 1947.33 01920 LYNCH A~TO GROUP BODY RESREBLY 58.75 02018 MIDWAY TRUCK PARTS TRUCK PARTS 236.40 02256 PADDOCK PRELICATIONS, INC. PUBLICATION OF BID 32.12 04101 SPI DISTRIBUTION INC. AC DELCO BATTERY 476.01 INV 84013215 459.60 936.41 04472 TEXOR PETROLEUM CO GASABO5 10655.72 PRF/~IER DIESEL 9028.60 19684.32 02715 TRANSPORTATION SA~'TY DEVICES ELECTRICA~ PARTS 530.61 02791 I~ESICLE MAINT~ANCE PROGRAM LIGHTING EQUI~NT 263.20 02801 VIKING OFFICE PRODUCTS MISC.OFFICE SUPPLIES 77.72 TOTAL : 27605.86 670 REPORT: APBOARDRPT GENERATED: 1 ARE 00 19:23 RUN: THURSDAY NOV3000 13:30 PAGE 12 RELEASE ID : VILLAGE OF MOUNT PROSPECT LIST OF BILLS PRESSED TO THE EOARD OF TRUSTEES FR~ NOVL~BER 17 2000 TO NOTE~ENR 30 2000 DE~T VENDOR NBR VENDOR NANE INVOICE DRSCRI~ION k~OU~T 01011 GOODY~AR SERVICE STORES TRUCK TI~EH 181.70 02861 WEST SIDE TRACTOR SALES JOHN DEE~E 410C BACREOE 63900.00 2000 JOHN DEERE 85800.00 TR~WEMISSION GUARD 1150.00 100850.00 02870 WEOLESALE DIRECT INC. AENO~ STICK/MARS LIGHT 566.89 TOTAL 151098.59 690 01102 CITIBANK, N.A. INS.CLAIWE-GAB 2182.05 01306 DRUG CARD, INC. PWESC.CARD CLAIWE 11903.83 01737 INTERGOVEk~,IENTAL PER.REN.COOP INSU~CE 2069.40 INSURARCE 60949.88 IREU~CE 109716.29 INSURANCE 7112.22 179847.79 02852 WERDERITCB, k~fDaLL WEIMBURSEi~ENV 71.90 TOTAL 194005.65 710 01027 CAPITAL GAINS INC. INVESTMENT M~}4T~NOV.00 2213.00 05037 LASALLE BANK NA POLICE PENSION 1029.22 POLICE PENSION 225.00 1254.22 00128 VILLAGE OF MOUNT PROSPEOT PAYROLL DgR - 112600 8877.14 04314 VILLAGE OF MOO~T PROSPECT - PAYKOLL WIRES PAYROLL FOR - 112600 16841.76 TOTAL 29186.12 720 01027 CAPITAL GAINS INC. INVESTMENT MGMT-NOV,00 2797.00 05037 LASALLE RANK NA FIRE PENSION 1221.64 FIRE PENSION 225.00 1446.64 00128 VILLAGE OF MOU~ PROSPECT PAYROLL FOR - 112500 8458.11 04314 VILLAGE OF MOUNT PROSPECT - PAYROLL WIPES PAYROLL FOR - 112500 13997.07 TOTAL 26698.82 730 REPORT: APBOARDRDT GENERATED: 1 APR 00 I9:23 RUN: THURSDAY NOV3000 i3:30 PAGE 13 RELEASE ID VILLAGE OF MouNT LIST OF BILLS PRESENTED TO THE BOARD OF TRUSTEES FROM NOVENBER 17 2000 TO NOVEMBER 30 2000 DEBT VENDOR NBR VENDOR NA)~ INVOICE DESCRIPTION AI4OUNT 00128 VILLAGE OF MOUNT FROSPEOT PAYROLL FOR - 112400 371.24 04314 VILLAGE OF MOUNT PROSPECT - PAYROLL WIRES PAYROLL FOR - 112400 200.00 TOTAL 571.24 790 05498 ADVANCE NECHARICAL SYSTENS REFUND 36.00 00307 CLONEN, GEORGE A. TOP MT.AROUPECT ENPENSE 106.04 00121 FIRST NATIONA~ BANK OF CHICAGO SAVINGS BONDS P/R 11/16/00 500.00 SAVINGS BONDS-P/R 250.00 750.00 05490 MORABITO, THOMAS ENGINEERING ENCRON 14500.00 05501 NORTH TONN MT~CHARICAL SERV. REFUND t00.00 02689 THIRD DISTRICT CIRCUIT COURT BOND MONEY 3075.00 BOND MONEY 2945.00 BOND MONEY 920.00 6940.00 00128 VILLAGE OF MOUNT PROSPECT PAYROLL FOR - 112400 6503.59 DISBURDENEMT 10925.00 DIREURSB}~ENT 50.00 17478.59 05487 WATER NORES REFUND 500.00 TOTAL 40410.63 GRAND TNTAL 1075827.85 GENERATED: 1 APR 00 19:23 RUN: THURSDAY NOV3000 13:30 PAGE i4 RELEASE ID : VILLAGE OF MOUNT PRosPEC~ LIST OF BILLS PRESENTED TO THE BOARD OF TRUSTEES FROM NOVEMBER I7 2000 TO NOVENBER 30 2000 S~{~RY BY FOND 001 GENERAL FOND 406101.78 050 MOTOR FUEL TAX FUND 9521.18 060 LAW ENFURCENENT BLOCK GRANT 448.00 070 CO~iUNITY DEVELP}~'T BLOCK GRET 21110.65 510 CAPITAL I~PROVENENT FUND 12243.93 550 DUNN~OWN REDEVLM~T CONST 3637.50 590 FLOOD CONTROL CONST FUND 14462.70 610 RATER AND SEWER FUND 130172.04 630 PARKING SYSTEN PA'VEnUE FUND 8053.16 660 VEHICLE MAINTENANCE FH~D 27605.86 670 VEHICLE REPLACEMEN~ FUND 151598.59 690 RISK MANAG~NT FUND 194005.65 710 POLICE PENSION FUND 29186.t2 720 FIR~ PENSION FUND 26698.82 730 BENEFIT TRUST #2 FUND 571.24 790 ESCROW DEPOSIT FUND 40410.63 TOTA~: 1075827.85 vwl 11 ~28~00 RESOLUTION NO. A RESOLUTION FOR THE HOLIDAY SEASON WHEREAS, the Holiday Season is upon us, and it is the time of the year when, as individuals and as a community, we become aware of man's relationship to himself, as well as to others, and in so doing reflect on all that mankind has been, is, and will be; and WHEREAS, such a solemn, but joyous, time should include an exchange of friendship and goodwill among all people. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: The Mayor and Board of Trustees of the Village of Mount Prospect do extend to the citizens of Mount Prospect our sincere wishes for a joyous holiday season, and on behalf of our community, we extend to all people everywhere, a resolution of good faith and brotherhood to the end that there may be peace on this earth. SECTION TWO: This Resolution shall be in full force and effect from and after its passage and approval in the manner provided by law. AYES: NAYS: ABSENT: PASSED and APPROVED this 4th day of December, 2000. Gerald L. Fadey' Mayor ATTEST: Velma W. Lowe Village Clerk r~ VILLAGE OF MOUNT PROSPECT FINANCE DEPARTMENT INTEROiq~iCE MF_,MO~UM TO: VILLAGE MANAGER FROM: DIRECTOR OF FINANCE DATE: NOVEMBER 21, 2000 SUBJECT: TAXPAYERS' BILL OF RIGHTS PURPOSE: To present an ordinance for the Board's consideration that will bring various sections of the Village Code into compliance with the Taxpayers' Bill of Rights Act. BACKGROUND: On November 8, 2000 the Village Board adopted Ordinance No. 5154, which amended Chapter 8 of the Village Code to add an Article XX on the Local Government Taxpayers' Bill of Rights. DISCUSSION: The Local Government Taxpayers' Bill of Rights (Chapter 8, Article XX) sets forth standardized penalty and interest provisions for the late payment of taxes. A penalty of 5% of the tax due is imposed against any taxp.ayer whose tax payment is not made on or before the due date. There is also a penalty of 5% of the tax due for not filing the tax return prior to the due date of the tax. Interest of 1% per month is assessed against a taxpayer for not paying the required tax when due. There are several Articles within Chapter 8 that deal with various locally imposed and collected taxes. Some of these Articles provide for penalties and interest that are inconsistent with the recently enacted Taxpayers' Bill of Rights. The accompanying ordinance amends those Articles to make them consistent with Article XX. RECOMMENDATION: It is recommended the Village Board pass the ~ttached ordinance amending Chapter 8 of the Village Code. DOUGLAS R. ELLSWORTH, CPA l:XPolicies~Fiscal\Taxpayers Bill of Rights 2.doc ORDINANCENO. AN ORDINANCE AMENDING CHAPTER8OF THEVILLAGECODE OF MOUNTPROSPECT NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION 1: Section 8.906, "Late Payment Penalty" of Chapter 8 of the Village Code of the Village of Mount Prospect is hereby deleted in its entirety and new Section 8. 906, entitled "Penalties and Interest" shall be inserted and read as follows: Sec, 8.906. PENALTIES AND INTEREST. If any tax imposed by this Article is not paid when due, or any return is not filed when due; the interest and penalty provisions of Section 8.2009 and 8.2010 shall be applied. SECTION 2: . Section 8.1103, "Collection of Tax" of Article XI, Chapter 8 of the Village Code of the Village of Mount Prospect is hereby deleted in its entirety and new Section 8. 1103, entitled "Collection of Tax" shall be inserted and read as follows: Sec. 8.1103, COLLECTION OF TAX. The taxes that are the subject of this Article, and all civil penalties that may be assessed pursuant to Article XX of this Chapter 8, shall be collected by the Department of Revenue of the State of Illinois. The Department of Revenue shall have full power to administer and enforce the provisions of this Article. SECTION 3: Section 8.1203, uCollection of Tax" of Article XlI, Chapter 8 of the Village Code of the Village of Mount Prospect is hereby deleted in its entirety and new Section 8,1203; entitled "Collection of Tax" shall be inserted and read as follows: Sec. 8.1203. COLLECTION OF TAX. The taxes that are the subject of this Article, and all civil penalties that may be assessed pursuant to Article XX of this Chapter 8, shall be collected by the Department of Revenue of the State of Illinois. The Department of Revenue shall have full power to administer and enforce the provisions of this Article. SECTION 4: Section 8.1305, "Interest and Penalties" of Article XIII, Chapter 8 of the Village Code of the Village of Mount Prospect is hereby deleted in its entirety and a new Section 8.1305, "Interest and Penalties" shall be inserted to be and read as follows: Sec. 8.1305. INTEREST AND PENALTIES. If any tax imposed by this Article is not paid when due, or any return is not filed when due; the interest and penalty provisions of Section 8.2009 and 8.2010 shall be applied. SECTION 5: A new Section 8.1512, "Interest and Penalties" shall be added to Chapter 8 of the Village Code of the Village of Mount Prospect which shall be and read as follows: Sec. 8.1512. INTEREST AND PENALTIES. If any tax imposed by this Article is not paid when due Or'~ny return is not filed when due; the interest and penalty provisions of Section 8.2009 and 8.2010 shall be applied. SECTION 6: Section 8.1606, "Payment By Mistake" and Section 8.1607, "Recovery of Tax Due" of Chapter 8 of the Village Code of the Village of Mount Prospect are hereby deleted in their entirety. The existing Section 8.1608, "Penalty" shall be deleted in its entirety and a new Section 8.1606, "Interest and Penalties" shall be inserted and read as follows: 2 Sec. 8.1606. INTEREST AND PENALTIES. If any tax imposed by this Article is not paid when due or any return is not filed when due; the interest and penalty provisions of Section 8.2009 and 8.2010 shall be applied. SECTION 7: Section 8.1805, ~Payment By Mistake", Section 8.1806, "Late Payment Penalty", and Section 8.1807, '~Penalty" of Article ×VIII, Chapter 8 of the Village Code of the Village of Mount Prospect are hereby deleted in their entirety. The existing Section 8.1808, ~Effective Date" shall be renumbered to Section 8.1806, "Effective Date" and the existing Section 8.1809 "Expiration Date" shall be renumbered to Section 8.1807, ~Expiration Date". A new Section 8.1805, "Interest and Penalties" shall be inserted and read as follows: Sec. 8.1805. INTEREST AND PENALTIES. If any tax imposed by this Article is not paid over to the Village when due or any return is not filed when due; the interest and penalty provisions of Section 8.2009 and 8.2010 shall be applied. SECTION 8: A new Section 8.1905, ~lnterest and Penalties" of Chapter 8 of the Village Code of the Village of Mount Prospect shall be inserted to be and read as follows: Sec. 8.1905. INTEREST AND PENALTIES. If any tax imposed by this Article is not paid when due, or any return is not filed when due; the interest and penalty provisions of Section 8.2009 and 8.2010 shall be applied. SECTION 9: 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 APPROVEDthis__dayof ,2000. Gerald L. Farley, Village President ATTEST: Velma Lowe, Village Clerk 4 NOTICE OF PROPOSED PROPERTY TAX LEVY FOR THE VILLAGE OF MOUNT PROSPECT I. A public hearin{;l to approve a proposed property tax levy for the Village of Mount ProsPect for the fiscal year beginning January 1, 2000 and' ending December 31, 2000 will be held on December 4, 2000 at 7:30 p.m. at the Mount Prospect Senior Center, 50 South Emerson Street, Mount Prospect, Illinois. Any person desiring to appear at the public hearing and present testimony to the taxing district may contact Douglas R.'EIIsworth, Director of Finance, 100 South Emerson Street, Mount Prospect, Illinois (847) 392-6000. II. The corporate and special purpose property ' taxes extended or abated for ti~e fiscal year beginning January 1, 1999 and ended December 31, 1999 were $13,227,695. The proposed corporate and special purpose property taxes to be levied for the fiscal year beginning January 1, 2000 and ending December 31, 2000 are $13,594,311. This represents a 2.77% increase over the previous year. Ill. The property ~axes extended for debt service for the fiscal year beginning January 1, 1999 and ended December 31, 1999 were $654,840. The estimated property taxes to be levied for debt service for the fiscal year beginning January 1, 2000 and ending December 31, 2000 are $658,313. This represents a 0.53% increase over the previous year. iV. The total property taxes extended or abated for the fiscal year beginning January 1, 2000 and ending December 31, 2000 areS14,252,624. This represents a 2.67% increase over the previous year. Dated this 23rd day of November, 2000 /s/Velma W. Lowe Village ,Clerk VILLAGE OF MOUNT PROSPECT FINANCE DEPARTMENT INTEROFFICE MEMORANDUM FROM: DIRECTOR OF FINANCE DATE: NOVEMBER 21, 2000 SUBJECT: 2000 PROPERTY TAX LEVY AND ABATEMENT ORDINANCES PUP~POSE: To obtain approval of the attached ordinances related to the tax levies of the Village, the Mount Prospect Library, and the Village's special services areas. BACKGROUND: Prior to December 26, 2000 the Village must have on file with the County Clerk its 2000 tax levy and abatement ordinances. Proceeds from the 2000 tax levy will be collected by the Village in 2001. The Village Board first discussed the proposed 2000 tax levy at its October 24~ Committee of the Whole meeting. At that meeting staff recemmended a net Village tax levy of $10,146,824, an increase of 3.5% over the prior year's levy. The Village Board officially established the tentative levy at the Board meeting of November 8, 2000. The Mount Prospect Library Board approved their tax levy request at its meeting Of October 19~. They are asking for a total levy, inclusive of a 2% provision for loss and cost, of $4,105,800. This represents an increase of 0.67% over the 1999 levy. DISCUSSION: The following table summarizes the proposed 2000 tax levy for the Village and Library. The amounts presented in the table are net of abatements and are inclusive of the 2% provision for loss and cost. 1999 LEVY 2000 LEVY INCREASE % CHANGE VILLAGE General $ 5,517,369 $ 5,601,953 $ 84,584 1.53% Refuse 2,428,600 2,441,000 12,400 0.51 Debt Service 654,840 658,313 3,473 0.53 Police Pension 608,634 704,214 95,580 15.70 Fire Pension 594~252 741,344 147,092 24.75 TotalVillage $ 9,803,695 $10,146,824 $ 343,129 3.50% LIBRARY Operations $ 3,548,240 $3,557,600 $ 9,360 0.26 % Working Cash 530,600 548,200 17,600 3.32 Total Library $ 4~078~840 $4,105~800 26,960 0.67 % TOTAL $13,882~535 $14,252~624 $370,089 2.67 % ILLAGE MANAGER 2000 TAX LEVY PAGE TWO The Village's 1999 equalized assessed valuation (EAV) was $1,093,616,836. Our 2000 EAV is estimated at $1,096,897,700, an increase of 0.3%. Utilizing the expected EAV, the Village's tax rote will increase to $0.9250 fi.om the 1999 rote of $0.8964. The Library's tax rate would increase to $0.3743, compared to the 1999 rote of $0.3730. A home with an EAV of $44,000 (a market value of approximately $230,000) will pay taxes of $407 to the Village of Mount Prospect and $165 to the Library. This compares to $395 and $164, respectively paid this year for the 1999 levy. Special Service Area No. 5 was created in the mid-eighties to help fund the bringing of Lake Michigan water to the Village's water system. It is being proposed that the 2000 levy remain the same as the 1999 levy, that being $1,545,773. The tax rate is estimated to be approximately $0.167. Special Service Area No; 6 was created in 1987 to fund certain capital improvements in the area of George and Albert streets. Bonds were sold in 1988 to fund the construction. Debt service on the bonds are paid by those property owners benefiting fi.om the improvements. For the levy year 2000, a total of $42,305 is scheduled to be raised by taxation. However, an abatement of $4,674 is being recommended to come from available funds on hand. Therefore, a net levy of $37,631 is being proposed. The Village Board is being asked to consider four ordinances related to the 2000 tax levy. Two of the ordinances establish the initial levy of the Village (including the Library) and the two special service areas. There are also two abatement ordinances that abate, or reduce, a portion of our debt service tax levies established by bond ordinances. The proposed ordinances reflect the numbers as presented in the proposed 2001 budget. RECOMMENDATION: It is recommended the Village Board approve the attached 2000 tax levy and abatement ordinances. DOUGLAS R. ELLSWORTH, CPA ORDINANCE NO. AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR THE CORPORATE AND MLrNICIPAL PURPOSES OF THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31. 2000 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the __ day of ., 2000 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois the day of ,2000. ORDiNANCE NO. AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR THE CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31, 2000 NOW, THEREFORE, BE IT ORDAINED BY THE President and Board of Trustees of the Village of Mount Prospect, Cook County, Illinois, as follows: Section 1: That the sum of Thirteen Million Nine Hundred Seventy Three Thousand One Hundred and Sixty One Dollars ($13,973,161), the same being the total amount to be levied of budget appropriations heretofore made for the corporate and municipal purposes for the fiscal year beginning January 1, 2000 and ending December 31, 2000 as approved by the President and Board of Trustees of the Village of Mount Prospect, be and the same is hereby levied on all taxable property within the Village of Mount Prospect according to the valuation of said property as is, or shall be assessed or equalized by the State and County purposes for the current year 2000. Section 2: The budgetary appropriations theretofore having been made heretofore by the President and Board of Trustees of the Village of Mount Prospect were passed and approved by Ordinance No. 5077 at a meeting hereof regularly convened and held in said Village of Mount Prospect, Illinois, on the 21~ day of December, 1999, and as amended by Ordinance No. 5155 passed and approved on the 7t~ day of November, 2000, thereafter duly published according to law, the various objects and purposes for said budgetary appropriations are heretofore made and set forth under the colunm entitled "Amount Budgeted", and the specific amount herein levied for each object and purpose is set forth under the column entitled "Amount Levied", in Articles I through XXI. VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied ARTICLE I - GENERAL FUND 01 Public Representation 01 Mayor and Board of Trustees Personal Services 21,250 Employee Benefits 2,094 Contractual Services 55,088 Utilities 410 Commodities & Supplies 9.000 Office Equipment 0 Total Mayor and Board of Trustees 87.842 02 Advisory Boards and Commissions Personal Services 7,880 Employee Benefits 2,080 Other Employee Costs 200 Contractual Services 3,800 Commodities & Supplies 800 Total Advisory Boards and Commissions 14,760 Total Public Representation t 02.602 11 Village Administration 01 Village Manager's Office Personal Services 257.070 Employee Benefits 51,144 Other Employee Costs 10,000 Contractual Services 7,290 Utilities 2,100 Commodities & Supplies 3,950 Office Equipment 500 Total Village Manager's Office 332,054 02 Legal Services Contractual Services 290,000 Total Legal Services 290,000 03 Personnel Services Personal Services 36,147 Employee Benefits 6,920 Other Employee Costs 17,450 Contractual Services 35,000 Commodities & Supplies 1,360 Total Personnel Services 96,877 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied 04 Management Information Systems Personal Services 55,283 Employee Benefits 14,260 Other Employee Costs 1,950 Contractual Services 99,934 Utilities 505 Commodities & Supplies 2,650 Office Equipment 12,500 Total Management Information Systems 187,082 05 Public Information Personal Services 38,045 Employee Benefits [ 1,788 Other Employee Costs 1,795 Contractual Services 76,626 Utilities 505 Commodities & Supplies 24,600 Total Public Information 153,359 TotaI Village Administration 1,059,372 12 Television Services Division 02 Cable TV Operations Personal Services 98,546 Employee Beriefits 32,938 Other Empl6yee Costs 3,550 Contraotual Services 14,700 Utilities 3,150 Commodities & Supplies 8,300 Other Equipment 32,000 Total Cable TV Operations 193.184 03 Other Services Contractual Services 5.000 Total Other Services 5,000 Total Television Services Division 198,184 14 Village Clerk's Office 02 Village Clerk's Office Personal Services 76,238 Employee Benefits 23,596 Other Employee Costs 2,000 Contractual Services 25,958 Utilities 1,600 Commodities & Supplies 7,950 Total Village Clerk's Office 137,342 3 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied 17 Finance Departmem 01 Finanoe Administration Personal Services 128,371 Employee Benefits 26,956 Other Employee Costs 7,050 Contractual Services 40,938 Utilities 5,000 Commodities & Supplies 7,100 Office Equipment 1,000 Total Finance Administration 216,415 02 Accounting Personal Services 211,169 Employee Benefits 61,983 Contractual Services 8,300 Commodities 2,200 Total Accounting 283,652 03 Data Processing Personal Services 108,001 Employee Benefits 28,154 Other Employe~e Costs 1,500 Contractual Services 54,076 Commodities & Supplies 5,300 Office Equipment 900 Total Data Processing 197,931 04 Duplicating Services ContmctuaI Services 5,000 Commodities & Supplies 6,300 Total Duplicating Services 11,300 05 Insurance Program Personal Services 44,211 Employee Benefits 10,771 Insurance 150,913 Total Insurance Program 205,895 06 Customer Services Personal Services 197,533 Employee Benefits 55,240 Contractual Services 46,700 Commodities & Supplies 7,550 Total Customer Services 307,023 4 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budl~eted Levied 07 Cash Management Personal Services 27,788 Employee Benefits 7,152 Total Cash Management 34,940 Total Finance Department 1,257,156 21 Community Development Deparrmen~ 01 Community Development Administration Personal Services 129,884 Employee Benefits 28,491 Other Employee Costs 3,080 Contractual Services 10,900 Utilities 2,290 Commodities & Supplies 700 Total Community Development Administration 175,345 02 Planning & Zoning Personal Services 146,563 Employee Benefits 43,237 Other Employee Costs 3.920 Contractual Services 22,675 Utilities 3,400 Commodities & Supplies 3.265 Total Planning & Zoning 223.060 03 Economic Development Personal Services 39, 139 Employee Benefits 8,629 Other Employee Costs 620 Contractual Services 20,000 Total Economic Development 68,388 05 Building Inspections Personal Services 367,044 Employee Benefits 112,514 Other Employee Costs 8,040 Contractual Services 49,340 Utilities 6,860 Commodities & Supplies 6,255 Total Building Inspections 550,053 VILLAGE OF MOUNT PROSPECT, ILLINOIS 20O0 TAX LEVY Amount Amount Budgeted Levied 06 Housing Inspections Personal Services 171,076 Employee Benefits 51,109 Other Employee Costs 3,800 Contractual Services 13,830 Utilities 3,170 Commodities & Supplies 3,700 Total Housing Inspections 246,685 07 Health Inspections Personal Services 61,768 Employee Benefits 18,594 Other Employee Costs 1,275 Contractual Services 14,372 Utilitie~ 1,755 Commodities & Supplies 1,400 Total Health Inspections 99,164 Total Community Development Dept. 1,362,695 31 Human Services Department 01 Human Services Administration Personal Services 56,218 Employee Benefits 13,386 Other Employe~'Costs 2,800 Contractual S~rvices 31,510 Utilities 5,280 Commodities & Supplies 8,950 Office Equipment 2,000 Other Equipment 3,200 Total Human Services Administration 123,344 02 Social Services Personal Services 235,629 Employee Benefits 56,469 Other Employee Costs 1,700 Contractual Services 23,550 Commodities & Supplies 17,225 Total Social Services 334,573 03 Nursing/Health Services Personal Services 69,099 Employee Benefits 17,277 Other Employee Costs 350 Contractual Services 1,000 Commodities & Supplies 12,820 Total Nursing/Health Services 100,546 6 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Budgeted Levied 04 Senior Programs Personal Services 37,808 Employee Benefits I 1,126 Contractual Services 24,100 Commodities & Supplies 2,400 Total Senior Programs 75,434 Total Human Services Deparmaent 633,897 41 Police Department 01 Police Administration Personal Services 665,324 Employee Benefits 855.011 Other Employee Costs 72,000 Contractual Services 90,333 Utilities 40.750 Commodities & Supplies 11. 125 Office Equipment 14, 100 Total Police Administration 1,748,643 02 Patrol and Traffic Enfomement Personal Servio~s 4,441,377 3,075,000 Employee Benefits 581,514 Contractual Services 400,988 Commodities & Supplies 55,075 Office Equipment 1,500 Other Equipmem 3,740 Total Patrol and Traffic Enforcement 5,484,194 3,075.000 03 Crime Prevention & Public Services Personal Services 172,296 Employee Benefits 19,492 Other Employee Costs 4,000 Contractual Services 3,700 Commodities & Supplies 9,250 TotaI Crime Preventitn & Public Services 208,738 04 Investigative and Juvenile Program. Personal Services 851,493 Employee Benefits 91,722 Contractual Services 23,800 Commodities & Supplies 4,750 Office Equipment 400 Total Investigative and Juvenile Program 972,165 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied 05 Crossing Guards Personal Services 21,000 Employee Benefits 1,606 Commodities & Supplies 150 Total Crossing Guards 22,756 06 Equipment Maintenance & Operations Contractual Services 641, [48 Commodities & Supplies 7,500 Other Equipment 7,750 Total Equipment Maintenance & Operations 656,398 Total Police Deparuuem 9,092,894 3,075,000 42 Fire Department 01 Fire Adminish'ation Personal Services 512,401 Employee Benefits 802,014 Other Employee Costs 53,220 Contractual Services 46,812 Utilities 2,500 Commodities & Supplies 10, [00 Office Equipmgm 8,100 Other Equipmem 4,550 Total Fire Administration 1,439,697 02 Fire Department Operations Personal Services 4,139,263 2,417,111 Employee Benefits 429,614 Other Employee Costs 35,720 Contractual Services 91,530 Commodities & Supplies 13,780 Other Equipment 36,020 Total Fire Department Operations 4,745,927 2,417,111 03 Fire Training Academy Personal Services 9.000 Employee Benefits 135 Commodities & Supplies 6.000 Total Fire Training Academy 15.135 04 Fire Prevention Personal Services 301,862 Employee Benefits 79.025 Other Employee Costs 8,090 8 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budseted Levied Contractual Services 3,600 Commodities & Supplies 8,535 Other Equipment 1,900 Total Fire Prevention 403,012 05 Fire Communications Contractual Services 14,450 Utilities 30,580 Other Equipment 2.575 Total Fire Communications 47.605 06 Equipment Maintenance Personal Services 96,170 Employee Benefits 26,106 Other Employee Costs 720 Cona'actual Services 223.550 Commodities & Supplies 50,250 Other Equipment 2,600 Total Eqmpment Maintenance 399,396 07 Emergency Preparedness Other Employee Costs 2,700 Contractual Services 5,500 Commodities ~ Supplies 7,810 Total Emergency Preparedness t 6,0 I0 08 Paid-On-Call Program Personal Services 17.100 Employee Benefits 1,908 Other Employee Costs 8,800 Other Equipment 1,200 Total Paid-On-Call Program 29,008 Total Fire Department 7,095,790 2,417,111 50 Public Works - Administration 01 Public Works Administration Personal Services 184,28 I Employee Benefits I 01,340 Other Employee Costs 20,000 Contractual Services 586.055 Utilities I4,370 Commodities & Supplies 10.080 Office Equipment 3,000 Other Equipment 2,850 Total Public Works Administration 921,976 9 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied 51 Public Works - Streets/Bldgs/Parking 01 Street Division Administration Personal Services 100,472 Employee Benefits 20,746 Total Street Division Administration 121,218 02 Maintenance of Public Buildings Personal Services 332,813 Employee Benefits 85,450 Contractual Services 144,200 Utilities 6,700 Commodities & Supplies 85,800 Total Maintenance o£Public Buildings 654,963 04 Street Maintenance Personal Services 115,829 Employee Benefits 26,940 Contractual Services 16,400 Commodities & Supplies 33,400 Infrastructure 145,000 Total Street'Maintenance 337,569 05 Snow Removal Persona] Services 135,443 Employee Benefits 28,295 Contractual Services 15,300 Commodities & Supplies 13,900 Other Equipmem 10,300 Total Snow Removal 203,238 06 Leaf Removal Personal Servtces 107,809 Employee Benefits 24,962 Commodities & Supplies 18,200 Total Leaf Removal 150,971 07 Storm Sewer and Basin Maintenance Personal Services 89,037 Employee Benefits 23,534 Contractual Services 20,700 Commodities & Supplies 9,800 Total Storm Sewer and Basin Maintenance 143,071 10 VILLAGE OF MOUNT PROSPECt[, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied 08 Maintenance of State Highways Personal Services 17,505 Employee Benefits 4,410 Contractual Services 16,040 Commodities & Supplies 20,180 Total Maintenance of State Highways 58,135 09 Traffic Sign Maintenance Personal Services 58,094 Employee Benefits 14,302' Commodities & Supplies 21,550 Total Traffic Sign Maintenance 93,946 Total Public Works - Streets/Bldgs/Parking 1,763,111 52 Public Works - Forestry/Grounds 01 Forestry Division Administration Personal Services 130,749 Employee Benefits 31,418 Total Forestry Division Administration 162,167 02 Maintenance of Grounds Personal Services 184,409 Employee Benefits 44,090 Contractual Services 48,090 Commodities & Supplies 9,290 Other Equipment 11.430 Total Maintenance of Grounds 297,309 03 Forestry Pmgram Personal Services 247,218 Employee Benefits 65,509 Other Employee Costs 1,240 Contractual Services 297,330 Commodities & Supplies 14.010 Total Forestry Program 625,307 04 Public Grounds Beautification Personal Services 18.488 Employee Benefits 4,551 Contractual Services 10,900 Commodities & Supplies 14,660 Total Public Grounds Beautification 48.599 Total Public Works - Forestry Grounds 1,133,382 11 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 ~AX LEVY Amount Amount Budgeted Leviei 52 Public Works - Engmeenng 01 Engineering Services Personal Services 404,640 Employee Benefits 96,349 Other Employee Costs 5,400 Contractual Services 97,711 Commodities & Supplies 6.610 Office Equipmem 4,000 Other Equipment 2,100 Total Engineering Services 616.810 05 Traffic Control & Street Lighting Personal Services 48,653 Employee Benefits [3,310 Contractual Services 9,350 Utilities 132,830 Commodities & Supplies 7,500 Total Traffic Signals & Street Lighting 211,643 Total Public Works - Engineering 828,453 61 Community Service Programs 01 Community Groups & Misc. Contractual Semites 91,240 Other Expend~res 10,000 Total C6mmunity Groups & Misc. 101,240 03 4th of July & Civic Events, Etc. Personal Services 22,500 Employee Benefits 3,229 Contractual Services 55,150 Utilities 1,050 Commodities & Supplies 11,150 Total 4th of July & Civic Events, Etc. 93,079 04 Holiday Decorations Personal Services 5,679 Employee Benefits 1,445 Contractual Services 49,730 Utilities 100 Commodities & Supplies 10,200 Total Holiday Decorations 67,157 05 Blood Donor Program Personal Services 1,900 Employee Benefits 146 Commodities & Supplies 800 12 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied Total Blood Donor Program 2,846 Total Community Service Programs 264,322 82 Retiree Pensions 01 Miscellaneous Pensions Pension Benefits 20,500 Total Miscellaneous Pensions 20,500 Total Retiree Pensions 20,500 89 Non-Departmental 01 Contingencies Personal Services 47,200 Contractual Services 152,500 Interfund Transfers 1,024,000 Total Contingencies 1.223,700 Total Non-Departmental 1,223,700 TOTAL GENERAL FUND 27,095,376 5,492,111 TOTAL BUDGET FOR GENERAL FUND 27,095,376 ? AMOUNT TO BE RAISED B~TAX LEVY 5,492,111 ADD 2% FOR LOSS & COST OF COLLECTION 109,842 TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR GENERAL FUND 5,601,953 ARTICLE II - REFUSE DISPOSAL FUND 56 Public Works - Refuse Disposal 01 Refuse Disposal Program Personal Services 65,687 Employee Benefits 18,661 Other Employee Costs 880 Contractual Services 3,134,783 2,393,137 Utilities 464 Insurance 2,381 Commodities & Supplies 6, 100 Total Refuse Disposal Program 3,228,956 2,393,137 Total Public Works - Refuse Disposal 3,228,956 2,393,137 TOTAL REFUSE DISPOSAL FUND 3,228,956 2,393,137 13 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied TOTAL BUDGET FOR REFUSE DISPOSAL FUND 3,228,956 AMOUNT TO BE RAISED BY TAX LEVY 2,393.137 ADD 2% FOR LOSS & COST OF COLLECTION 47.863 TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR REFUSE DISPOSAL FUND 2,441 ~000 ARTICLE III- PUBLIC WORKS FACILITY B&I 1987A FUND 81 Debt Service 02 G.O.Bonds - Proper~ Taxes Bond Principal 44,362 44,362 Interest Expense 76,638 69,043 Bank and Fiscal Fees Total G.O.Bonds - Property Taxes 121,000 113,405 Total Debt Service - Property Taxes 121,000 113,405 TOTAL PUBLIC WORKS FACILITY B&I 1987A 121,000 113,405. TOTAL BUDGET FOR PUBLIC WORKS FACILITY B&I 1987A 121,000 AMOUNT TO BE RAISED BY TAX LEVY 113,405 ADD 2% FOR LOSS & COST OF,COLLECTION 2.268 TOTAL AMOUNT TO BE RAI~,qED BY TAX LEVY FOR PUBLIC WORKS FACILITY"'**/T~ B&I 1987A FUND 115,673 ARTICLE IV - DOWNTOWN REDEVELOPMENT 1993A 81 Debt Service 03 G.O.Bonds - Tax Increment Bond Principal 385,000 Interest Expense 44,292 Bank and Fiscal Fees 1,000 Total G.O.Bonds - Tax Increment 430.292 Total Debt Service - Tax Increment 430.292 TOTAL DOWNTOWN REDEVELOPMENT 1993A 430.292 TOTAL BUDGET FOR DOWNTOWN REDEVELOPMENT 1993A 430.292 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR DOWNTOWN REDEVELOPMENT 1993A 14 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied ARTICLE V - REFUNDING 87B & 9lA B&I - 1993B FUND 81 Debt Service 02 G.O.Bonds - Properv/Taxes Bond Principal 466,100 466,100 Interest Expense 121,942 65,900 Bank and Fiscal Fees 1,500 Total G.O.Bonds - Property Taxes 589.542 532,000 Total Debt Service 589,542 532,000 TOTAL REFUNDING 87B & 9lA B&I - 1993 B FUND 589,542 532,000 TOTAL BUDGET FOR REFUNDING 87B & 9lA B&I - 1993B FUND 589,542 AMOUNT TO BE RAISED BY TAX LEVY 532,000 ADD 2% FOR LOSS & COST OF COLLECTION 10.640 TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR REFUNDING 87B & 9lA B&I - 1993B FUND 542,640 ARTICLE VI - FLOOD REFUNDING 9lA B&I - 1993B FUND 8t Debt Service 02 G.O.Bonds - Home Rule Sales Tax 1 Bond Principal 251.800 Interest Expense 57.593 Bank and Fiscal Fees 230 Total G.O.Bonds -Home Rule Sales Tax 1 309.623 Total Debt Service 309,623 TOTAL FLOOD REFUND. 9lA B&I - 1993 B FUND 309.623 TOTAL BUDGET FOR FLOOD REFUNDING 9 lA B&I - 1993B FUND 309,623 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR FLOOD REFUNDING 9lA B&I - 1993B FUND 15 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Budgeted Levied ARTICLE VII - WATER REFUNDING 87B B&I - 1993B FUND 81 Debt Service G.O.Bonds - Water and Sewer Revenues Bond Principal 107,100 Interest Expense 21,864 Bank and Fiscal Fees 1,000 Total G.O.Bonds - Water and Sewer Revenues 129,964 Total Debt Service 129,964 TOTAL WATER REFUND. 87B B&I - I993 B FUND 129,964 TOTAL BUDGET FOR WATER REFUNDING 87B B&I - 1993B FUND 129,964 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR WATER REFUNDING 87B B&I - 1993B FUND ARTICLE VIII - STREET IMPROVEMENT - 1994A FUND 81 Debt Service ·f 05 G.O.Bonds - Home Rule Sales Tax 2 Bond Principal 525,000 Interest Expense · 96,253 Bank and Fiscal Fees 500 Total G.O.Bonds - Home Rule Sales Tax 2 621,753 Total Debt Service 621,753 TOTAL STREET IMPROVEMENT - 1994A FUND 621,753 TOTAL BUDGET FOR STREET IMPROVEMENT - 1994A FUND 621,753 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR STREET IMPROVEMENT - 1994A FUND ARTICLE IX - FLOOD CONTROL PROJECTS - 1994A FUND 81 Debt Service 04 G.O.Bonds - Home Rule Sales Tax 1 Bond Principal 150,000 16 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Budgeted Levied Interest Expense 29,210 Bank and Fiscal Fees 500 Total G.O.Bonds - Home Rule Sales Tax 1 179.710 Total Debt Service 179.710 TOTAL FLOOD CONTROL PROJ. - 1994A FUND 179.710 TOTAL BUDGET FOR FLOOD CONTROL PROJ. - 1994A FUND 179.710 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR FLOOD CONTROL PROJECTS - 1994A ARTICLE X - FLOOD CONTROL PROJECTS - 1996A FUND 81 Debt Service 04 G.O.Bonds - Home Rule Sales Tax 1 Bond Principal 165,000 Interest Expense 46,687 Bank and Fiscal Fees 500 Total G.O.Bonds - Home Rule Sales Tax 1 212,187 Total Debt Service 212, t87 TOTAL FLOOD CONTROL PROJECTS - 1996A 212,187 TOTAL BUDGET FOR FLOOD CONTROL PROJECTS - 1996A FUND 212, 187 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR FLOOD CONTROL PROJECTS - 1996A ARTICLE XI - CAPITAL IMPROVEMENTS PROJECTS - 1996A FUND 81 Debt Service 05 G.O.Bonds - Home Rule Sales Tax 2 Bond Principal 150,000 Interest Expense 6. 188 Bank and Fiscal Fees 500 Total G.O.Bonds - Home Rule Sales Tax 2 156.688 Total Debt Service 156.688 TOTAL CAPITAL IMPROVE. PROJECTS - 1996A 156.688 17 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied TOTAL BUDGET FOR CAPITAL IMPROVEMENTS PROJECTS - 1996A FUND 156.688 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR CAPITAL IMPROVEMENTS PROJECTS - 1996A ARTICLE XlI - DOWNTOWN REDEVELOPMENT - 1996B FUND 81 Debt Service 03 G.O.Bonds - Tax Increment Bond Principal 150,000 Interest Expense 12,488 Bank and Fiscal Fees 900 Total G.O.Bonds - Tax Increment 163,388 Total Debt Service 163,388 TOTAL DOWNTOWN REDEVELOPMENT - 1996B 163.388 TOTAL BUDGET FOR DOWNTOWN REDEVELOPMENT - 1996B FUND 163,388 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR DOWNTOWN REDEVELOPMENT - 1996B ARTICLE XIII - FLOOD CONTROL PROJECTS - 1998A FUND 81 Debt Service 04 G.O.Bonds - Home Rule Sales Tax 1 Bond Principal 50,000 Interest Expense I6,308 Bank and Fiscal Fees 600 Total G.O.Bonds - Home Rule Sales Tax 1 66,908 Total Debt Service 66,908 TOTAL FLOOD CONTROL PROJECTS - 1998A 66,908 TOTAL BUDGET FOR FLOOD CONTROL PROJECTS - 1998A FUND 66,908 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR FLOOD CONTROL PROJECTS - 1998A 18 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied ARTICLE XIV - STREET IMPROVEMENTS - 1998A FUND 81 Debt Service 05 G.O.Bonds - Home Rule Sales Tax 2 Bond Principal Interest Expense 102,300 Bank and Fiscal Fees 600 Total G.O.Bonds - Home Rule Sales Tax 2 102,900 Total Debt Service 102,900 TOTAL STREET IMPROVEMENTS - 1998A 102,900 TOTAL BUDGET FOR STREET IMPROVEMENTS - 1998A FUND 102,900 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR STREET IMPROVEMENTS - 1998A ARTICLE XV - DOWNTOWN REDEVELOPMENT - 1998B FUND 81 Debt Service 03 G.O.Bonds - Tax Increment Bond Principal 50,000 Interest Expense 4,088 Bank and Fiscal Fees 500 Total G.O.Bonds - Tax Increment 54.588 Total Debt Service 54.588 TOTAL DOWNTOWN REDEVELOPMENT - 1998B 54.588 TOTAL BUDGET FORDOWNTOWN REDEVELOPMENT - 1998B FUND 54.588 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR DOWNTOWN REDEVELOPMENT - 1998B ARTICLE XVI - DOWNTOWN REDEVELOPMENT - 1998C FUND 81 Debt Service 03 G.O.Bonds - Tax Increment 19 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied Bond Principal [05.000 Interest Expense 46,969 Bank and Fiscal Fees 1,000 Total G.O.Bonds - Tax Increment [52.969 Total Debt Service [52.969 TOTAL DOWNTOWN REDEVELOPMENT - 1998C [52.969 TOTAL BUDGET FOR DOWNTOWN REDEVELOPMENT - 1998C FUND 152,969 AMOUNT TO BE P~ISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR DOWNTOWN REDEVELOPMENT - 1998C ARTICLE XVII - DOWNTOWN REDEVELOPMENT - Series 1999 FUND 81 Debt Service 03 G.O.Bonds - Tax Increment Bond Principal 215,000 Interest Expense 294,663 Bank and Fiscal Fees 1,500 Total G.O.Bonds ~ Tax Incremen! 511,163 Total Debt Service 511. 163 TOTAL DOWNTOWN REDEVELOPMENT - 1999 51 i. 163 TOTAL BUDGET FOR DOWNTOWN REDEVELOPMENT - SERIES 1999 FUND 511.163 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR DOWNTOWN REDEVELOPMENT - SERIES 1999 ARTICLE XVIII ~ FLOOD CONTROL - Series 2000 FUND 81 Debt Service 04 G.O.Bonds - Home Rule Sales Tax ] Bond Principal Interest Expense 111,498 Bank and Fiscal Fees 1,000 Total G.O.Bonds - Tax Increment 112,498 Total Debt Service 112,498 TOTAL FLOOD CONTROL - 2000 112,498 20 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted .,. Levied TOTAL BUDGET FOR FLOOD CONTROL ~ SERIES 2000 FUND 112,498 AMOUNT TO BE RAISED BY TAX LEVY ADD 2% FOR LOSS & COST OF COLLECTION TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR FLOOD CONTROL - SERIES 2000 ARTICLE XIX - POLICE PENSION FUND 82 Retiree Pensions 02 Police Pensions Pension Benefits 1,696,430 690,406 Contractual Services 3,300 Total Police Pensions 1,699,730 690,406 Total Retiree Pensmns 1,699,730 690,406 TOTAL POLICE PENSION FUND 1,699,730 690,406 TOTAL BUDGET FOR POLICE PENSION FUND 1,699.730 AMOUNT TO BE RAISED BY TAX LEVY 690,406 ADD 2% FOR LOSS & COST OF COLLECTION [3,808 TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR POLICE PENSION FUND 704,214 ARTICLE XX - FIREFIGHTERS' PENSION FUND 82 Retiree Pensions 03 Firefighters' Pensions Pension Benefits 1,509,735 726,808 Contractual Services 3.300 Total Firefighters' Pensions 1,513,035 726.808 Total Retiree Pensions 1,513,035 726,808 TOTAL FIREFIGHTERS' PENSION FUND 1,513,035 726.808 TOTAL BUDGET FOR FIREFIGHTERS' PENSION FUND 1,513,035 AMOUNT TO BE RAISED BY TAX LEVY 726,808 ADD 2% FOR LOSS & COST OF COLLECTION 14,536 TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR FIREFIGHTERS' PENSION FUND 741,344 21 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY Amount Amount Budgeted Levied ARTICLE XXI - MOUNT PROSPECT LIBRARY FUND 95 Mount Prospect Lib~ 02 Library Services Component Unit Expenditures 4,3 t 1,000 3,487,843 Total Library Services 4,311,000 3,487,843 Total Mount Prospect Library 4,311,000 3,487,843 03 Library Working Cash Fund - 537,451 Total Library Working Cash Fund 537,451 TOTAL MOUNT PROSPECT LIBRARY FUND 4,311,000 4,025,294 TOTAL BUDGET FOR MOUNT PROSPECT LIBRARY FUND 4,311,000 AMOUNT TO BE RAISED BY TAX LEVY 4,025,294 ADD 2% FOR LOSS & COST OF COLLECTION 80,506 TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR MOUNT PROSPECT LIBRARY FUND 4,105,800 22 VILLAGE OF MOUNT PROSPECT, ILLINOIS 2000 TAX LEVY SUMMARY Amount Total to be Raised Amount Tax Levy Amount by for Loss Incl. Loss Article Fund Budgeted Tax Levy and Cost and Cost I General $ 27,095,376 5,492,111 109.842 5,601,953 II Refuse Disposal 3,228,956 2,393,137 47,863 2,441,000 III PW Facility B&I 1987A 121,000 113,405 (a) 2,268 115,673 IV Downtown Redevelopment - 1993A 430,292 (a) V Refunding 87B & 9lA - 1993B 589,542 532.000 (a) 10,640 542,640 VI Flood Refunding 9 lA B&I - 1993B 309,623 (a) VII Water Refunding 87B - 1993B 129,964 (a) VIII Street Improvement B&I 1994A 621,753 (a) IX Flood Control B&I 1994A 179,710 (a) X Flood Control B&I 1996A 212.187 (a) XI Capital Improvements B&I 1996A 156,688 (a) XII Downtown Redevelopment - 1996B 163,388 (a) XIII Flood Control Projects - 1998A 66,908 (a) XIV Street Improvement B&I 1998A 102,900 (a) XV Downtown Redevelopment - 1998B 54,588 (a) XVI Downtown Redevelopment - 1998C 152.969 (a) XVII Downtown Redevelopment - 1999 511,163 (a) XVIII Flood Control Projects - 2000 112.498 (a) XIX Police Pension Fund 1,699,730 690.406 13,808 704,214 XX Firefighters' Pension Fund 1,513,035 726,808 14,536 741,344 Village Totals 37,452,270 9,947,867 198,957 10,146,824 XXI Mount Prospect Libra.,~ Library Services 4,311,000 3,487.843 69,757 3,557,600 Library Working Cash Fund 0 537.451 10,749 548,200 Library Totals 4,311,000 4,025,294 80,506 4,105,800 Village and Library Totals 41,763,270 13,973,161 279,463 14,252,624 (a) Amounts to be raised by tax levy have been reduced by abatements to be filed of $3,257,932.50 23 Section 3: The sum of $343,800 is estimated to be received from personal property replacement tax revenue during the fiscal year commencing January 1, 2000 and ending December 31, 2000 and has been included herein as funds to be derived from sources other than property taxes for general obligation bonds and interest, pensions, library services and general corporate purposes. .Section 4: That the County Clerk is directed to add 2% to the requested tax levy as a provision for loss and cost. Section 5: That the Village Clerk of the Village of Mount Prospect is hereby directed to certify a copy of this Ordinance and is hereby authorized and directed to file a copy of the same with the County Clerk of Cook County, Illinois, within the time specified by law. Section 6: That, if any part or parts of this Ordinance shall be held to be unconstitutional or otherwise invalid, such constitutionality or invalidity, shall not affect the validity of the remaining parts of this Ordinance. The President and Board of Trustees of the Village of Mount Prospect hereby declares that they would have passed the remaining parts of the Ordinance of they had known that such parts or pans thereof would be declared unconstitutional or otherwise invalid. Section 7: That this Ordinance shall be in full force and effect from and after its passage, approval, publication in pamphlet form and recording, as provided by law. AYES: NAYES: ABSENT: PASSED and APPROVED this day of December, 2000. Gerald L. Farley, Village President ATTEST: Velma W. Lowe, Village Clerk 24 ORDINANCE NO. AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31, 2000 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the day of ,2000 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the day of ,2000. ORDINANCE NO. AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31, 2000 BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: Section One: The President and Board of Trustees of the Village of Mount Prospect find as follows: A. That pursuant to Village Ordinance No. 3782 adopted May 19, 1987 and authorizing issuance of general obligation bonds for a portion of the cost of constructing a new public works facility there was levied for the year 2000 the sum of $121,000.00 for bond principal and interest payments. B. That pursuant to Village Ordinance No. 4539 adopted April 21, 1993 and authorizing issuance of general obligation bonds for financing water system improvements, the construction of public improvements within the Village's District No. 1 Tax Increment Redevelopment Project Area, and the refunding of certain of the Village's General Obligation Bonds, Series 1987B, Series 1987D, Series 1991A and Series 1991B there was levied for the year 2000 the sum of $1,455,690.00 for bond principal and interest payments. C. That pursuant to Village Ordinance No. 4624 adopted March 1, 1994 and authorizing issuance of general obligation bonds for financing the fourth phase of the Village's flood control project, the reconstruction of streets in the Village, and the demolition of buildings and public improvements within Target Area G of the Village's District No. 1 Tax Increment Redevelopment Project Area there was levied for the year 2000 the sum of $800,462.50 for bond principal and interest payments. D. That pursuant to Village Ordinance No. 4780 adopted March 6, 1996 and authorizing issuance of general obligation bonds for financing flood control projects, capital projects, and certain public improvements within the Village's District No. 1 Tax Increment Redevelopment Project Area there was levied for the year 2000 the sum of $530,361.25 for bond and interest payments. ~ E. That pursuant to Village Ordinance No. 4917 adopted March 18, 1998 and authorizing issuance of general obligation bonds for financing flood control improvement projects, street improvements and the acquisition of land within the Village's District No. 1 Tax Increment Redevelopment Project Area there was levied for the year 2000 the sum of $222,695.00 for bond principal and interest payments. F. That pursuant to Village Ordinance No. 4977 adopted December 1, 1998 and authorizing issuance of general obligation bonds for financing land acquisition costs and other redevelopment costs within the Village's District No. I Tax Increment Redevelopment Project Area there was levied for 2000 the sum of $151,968.75 for bond principal and interest payments. G. That pursuant to Village Ordinance No. 4999 adopted March 2, 1999 and authorizing issuance of general obligation bonds for financing the acquisition of land within the Village's District No. 1 Tax Increment Redevelopment Project Area there was levied for the year 2000 the sum of $509,662.50 for bond principal and interest payments. H. That pursuant to Village Ordinance No. 5114 adopted June 6, 2000 and authorizing issuance of general obligation bonds for financing various flood control capital improvements there was levied for the year 2000 the sum of $111,497.50 for bond principal and interest payments. I. That as of December i, 2000 there has been collected, deposited to and on hand in the Series 1987A General Obligation Bond and Interest Fund the sum of $7,595.00 for application to bond pr'mcipal and interest payments for the bonds issued pursuant to Village Ordinance No. 3782 adopted May 19, 1987. J. That as of December 1, 2000 there has been collected, deposited to and on hand in the Series 1993A and 1993B General Obligation Bond and Interest Funds the sum of $923,690.00 for application to bond principal and interest payments for the bonds issued pursuant to Village Ordinance No. 4539 adopted April 21, 1993. K. That as of December 1, 2000 there has been collected, deposited to and on hand in the Series 1994A and 1994B General Obligation Bond and Interest Funds the sum of $800,462.50 for application to bond principal and interest payments for the bonds issued pursuant to Village Ordinance No. 4624 adopted March 1, 1994. L. That as of December 1, 2000 there has been collected, deposited to and on hand in the Series 1996A and 1996B General Obligation Bond and Interest Funds the sum of $530,361.25 for application to bond principal and interest payments for the bonds issued pursuant to Village Ordinance No. 4780 adopted March 6, 1996. 2 M. That as of December 1, 2000 there has been collected, deposited to and on hand in the Series 1998A and 1998B General Obligation Bond and Interest Funds the sum of $222,695.00 for application to bond prine'lpal and interest payments for the bonds issued pursuant to Village Ordinance No. 4917 adopted March 18, 1998. N. That as of December 1, 2000 there is available in the Village's Downtown Redevelopment P-'und the mount of $151,968.75 for application to bond pr'meipal and interest payments for the bonds issued pursuant to Village Ordinance No. 4977 adopted December 1, 1998. O. That as of December 1, 2000 there is available in the Village's Downtown Redevelopment Fund the amount of $509,662.50 for application to bond principal and interest payments for the bonds issued pursuant to Village Ordinance No. 4999 adopted March 2, 1999. P. That as of December 1, 2000 there is available in the Village's Series 2000 General Obligation Bond and Interest Fund the sum of $111,497.50 for application to bond principal and interest payments for the bonds issued pursuant to Village Ordinance No. 5114 adopted June 6, 2000. Section Two: It is hereby declared and determined by the President and Board of Trustees of the Village of Mount Prospect that the amount of $121,000.00 levied for G.O. Bond and Interest payments for the purpose of funding a portion of the construction of a public works pursuant to Village Ordinance No. 3782 be and the same is hereby abated in the amount of $7,595.00 leaving a balance of $113,405 as that amount levied for such bond and interest payment purposes for the fiscal year commencing.January 1, 2000 and ending December 31, 2000. Section Three: It is hereby declared and determined by the President and Board of Trustees of the Village of Mount Prospect that the amount of $1,455,690.00 levied for G. O. Bond and Interest payments for the purpose of fiuanc'mg water system improvements, the construction of public improvements with'm the Village's District No. 1 Tax Increment Redevelopment Project Area, and the refunding of certain of the Village's General Obligation Bonds, Series 1987B, Series 1987D, Series 1991A, and Series 1991B pursuant to Village Ordinance No. 4539 be and the same is hereby abated in the amount of $923,690.00 leaving a balance of $532,000.00 as that amount levied for such bond and interest payment purposes for the fiscal year commencing January 1, 2000 and ending December 31, 2000. Section Four: It is hereby declared and determined by the President and Board of Trustees of the Village of Mount Prospect that the amount of $800,462.50 levied for G.O. Bond and Interest payments for the purpose of financing the fourth phase of the Village's flood cqntrol project,_the reconstruction of streets in the Village, and the demolition of buildings and public improvements within Target Area G of the Village's District No. 1 Tax Increment Redevelopment Project Area pursuant to Village Ordinance No. 4624 be and the same is hereby abated in the amount of $800,462.50 being the entire amount levied for such bond and interest payment purposes for the fiscal year commencing January 1, 2000 and ending December 31, 2000. Section Five: It is hereby declared and determined by the President and Board of Trustees of the Village of Mourn Prospect that the amount of $530,361.25 levied for G.O. Bond and Interest payments for the purpose of financing flood control projects, capital projects, and certain public improvements within the Village's District No. 1 Tax Increment Redevelopment Project Area pursuant to Village Ordinance No. 4780 be and the same is hereby abated in the amoum of $530,361.25 being the entire amount levied for such bond and interest payment purposes for the fiscal year commencing janUary 1, 2000 and ending December 31, 2000. Section Six: It is hereby declared and determined by the President and Board of Trustees of the Village of Mount Prospect that the amount of $222,695.00 levied for G.O. Bond and Interest payments for the purpose of financing flood control projects, street improvements and the acquisition of land within the Village's District No. 1 Tax Increment Redevelopment Project Area pursuant to Ordinance No. 4917 be and the same is hereby abated in the amount of $222,695.00 being the entire amount levied for such bond and interest payment purposes for the fiscal year commencing January 1, 2000 and ending December 31, 2000. Section Seven: It is hereby declared by the President and Board of Trustees of the Village of Mount Prospect that the amount of $151,968.75 levied for G.O. Bond and Interest payments for the purpose of funding property acquisition within the Village's District No. 1 Tax Increment Redevelopment Project Area pursuant to Ordinance No. 4977 be and the same is hereby abated in the amount of $151,968.75 being the entire amount levied for such bond and interest payment purposes for the fiscal year commencing January 1, 2000 and ending December 31, 2000. .~: It is hereby declared by the President and Board of Trustees of the Village of Mount Prospect that the amount of $509,662.50 levied for G.O. Bond and Interest payments for the purpose of funding property acquisition within the Village's District No. 1 Tax Increment Redevelopment Project Area pursuant to Ordinance No. 4999 be and the same is hereby abated in the amount of $509,662.50 being the entire amount levied for such bond and interest payment purposes for the fiscal year commencing January 1, 2000 and ending December 31, 2000. Section Nine: It is hereby declared by the President and Board of Trustees of the Village of Mount Prospect that the amount of $111,497.50 levied for G.O. Bond and Interest payments for the purpose of funding various flood control capital improvements pursuant to Ordinance No. 5114 be and the same is hereby abated in the amount of $111,497.50 being the entire amount levied for such bond and interest payment purposes for the fiscal year commencing January 1, 2000 and ending December 31, 2000. Section Ten: Village Ordinance Nos. 3782, 4539, 4624, 4780, 4917, 4977, 4999 and 5114 are and each is hereby amended with respect to the tax abatements declared herein and set forth in Sections Two through Nine of this Ordinance. Section Eleven: The Village Clerk of the Village of Mount Prospect is hereby authorized and directed to file a certified copy of this Ordinance with the County Clerk of Cook County, Illinois within the time specified by law: Section Twelve: This Ordinance shall be in full force and effect upon its passage, approval and publication in pamphlet form and f'fling as provided by law. AYES: NAYS: ABSENT: PASSED and APPROVED this day of ,2000. Gerald L. Farley, Village President ATTEST: Velma W. Lowe, Village Clerk 5 ORDINANCE NO. AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE AND SPECIAL SERVICE AREA NUMBER SIX OF THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31, 2000 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the __ day of ,2000 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois the day of ,2000. ORDINANCE NO. AN ORDINANCE AUTHORIZING THE LEVY AND COLLECTION OF TAXES FOR THE MUNICIPAL PURPOSES OF SPECIAL SERVICE AREA NUMBER FIVE AND SPECIAL SERVICE AREA NUMBER SIX OF THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31, 2000 NOW THEREFORE, BE IT ORDAINED BY THE President and Board of Trustees of the Village of Mount Prospect, Cook County, Illinois: Section 1: That the sum of One Million Five Hundred Fifteen Thousand Four Hundred Sixty- Four Dollars ($1,515,464), the same being the total amount to be levied of budget appropriations heretofore made for the municipal purposes for the fiscal year beginning January 1, 2000, and ending December 31, 2000, as approved by the President and Board of Trustees of the Village of Mount Prospect. be and the same is hereby levied on all taxable property within the Special Service Area Number 5 of the Village of Mount Prospect according to the valuation of said property as is, or shall be, assessed or equalized by State and County purposes for the current year 2000. The budgetary appropriations having been made heretofore by the President and Board of Trustees of the Village of Mount Prospect were passed and approved by Ordinance No. 5077 at a meeting hereof re~.~ly convened and held in said Village of Mount Prospect, Illinois on the 21s~ day of December,-'1999, and thereafter duly published according to law, the various objects and purposes for said budgetary appropriations were heretofore made are set forth under the column entitled "Amount Budgeted," and the specific amount herein levied for each object and purpose is set forth under the column entitled "Amount Levied" in Article I. Section 2: That the sum of Forty-two Thousand Three Hundred and Fiive Dollars ($42,305), the same being the total amount to be levied of budget appropriations heretofore made for the municipal purposes for the fiscal year beginning January 1. 2000. and ending December 31, 2000, as approved by the President and Board of Trustees of the Village of Mount Prospect, be and the same is hereby levied on all taxable property within the Special Service Area Number 6 of the Village of Mount Prospect according to the valuation of said property as is, or shall be, assessed or equalized by State and County purposes for the currem year 2000. The budgetary appropria- tions having been made heretofore by the President and Board of Trustees of the Village of Mount Prospect were passed and approved by Ordinance No. 5077 ar a meeting hereof regularly convened and held in said Village of Mount Prospect, Illinois on the 21s~ day of December, 1999, and thereafter duly published according to law, the various objects and proposes for said budgetary appropriations were heretofore made are set forth under the column entitled "Amount Budgeted," and the specific amount herein levied for each object and purpose is set forth under the column entitled "Amount Levied" in Article II. Amount Amount Budgeted Levied ARTICLE 1 - SPECIAL SERVICE AREA NO. 5 6105512-540800 SSA #5 JAWA Water 1,500,000 370,464 6105512-540815 SSA #5 JAWA Fixed Costs 1,145,000 1,145,000 TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 5 LAKE WATER ACQUISITION 2,645,000 AMOUNT TO BE RAISED BY TAX LEVY 1,515,464 ADD 2% FOR LOss AND COST OF COLLECTION 30,309 TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR SPECIAL SERVICE AREA NO. 5 1,545,773 ARTICLE II - SPECIAL SERVICE AREA NO. 6 83 Special Service Area No. 6 Bond and Interest 8308106-710607 SSA#6 Principal 30,000 30,000 8308106-720608 SSA #6 Interest 12,305 12,305 TOTAL APPROPRIATED FOR SPECIAL SERVICE AREA NO. 6 BOND AND INTEREST 42,305 AMOUNT TO BE RAISED BY TAX LEVY 42,305 ADD 2% FOR LOSS AND COST OF COLLECTION 846 TOTAL AMOUNT TO BE RAISED BY TAX LEVY FOR SPECIAL SERVICE AREA NO. 6 43,151 SUMMARY Amount Amount to Amount for Total Tax Article Budgeted ~ Loss & Cost Levy I Special Service Area No. 5 2,645,000 1,515,464 30,309 1,545,773 II Special Service Area No. 6 42,305 42,305 846 43,151 Section 3: That the County Clerk is directed to add 2% to the requested tax levy as a provision for loss and cost. Section 4: That the Village Clerk of the Village of Mount Prospect is hereby directed to certify a copy of this Ordinance and is hereby authorized and directed to file a copy of the same with the County Clerk of Cook County, Illinois, within the time specified by law. Section 5: That, if any part of this Ordinance shall be held to be unconstitutional or otherwise invalid, such unconstitutionality or invalidity, shall not affect the validity of the remaining pans of this Ordinance. The President and Board of Trustees of the Village of Mount Prospect hereby declares that they would have passed the remaining parrs of the Ordinance if they had known that such part or parts thereof would be declared unconstitutional or otherwise invalid. Section 6: That this Ordinance shall be in full force and effect from and after ks passage, approval, publication in pamphlet form and recording, as provided by law. AYES: NAYS: ABSENT: PASSED and APPROVED this day of .2000 Gerald L. Farley, Village President ATTEST: Velma W. Lowe, Village Clerk ORDINANCE NO. AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR UNLIMITED TAX BONDS OF SPECIAL SERVICE AREA NUMBER SIX THE VILLAGE OF MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31, 2000 PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the day of ,2000 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois, the day of ,2000. V ORDINANCE NO. AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR UNLIMITED TAX BONDS OF SPECIAL SERVICE AREA NUMBER SIX OF THE VILLAGE OF MOUNT PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING JANUARY 1, 2000 AND ENDING DECEMBER 31, 2000 BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: Section One: The President and Board of Trustees of the Village of Mount Prospect find as follows: A. That pursuant to Village Ordinance No. 3950 adopted June 21. 1988 authorizing the issuance~of Unlimited Tax Bonds of Special Service Area Number 6 of the Village of Mount Prospect there was levied for the year 2000 the sum of $42,305 for principal and interest payments. B. That as of December 1, 2000 there has been collected, deposited to and on hand in the Article I - Unlimited Tax Bond and Interest Fund the sum of $4,674 for application to bond and interest payments for the bonds issued pursuant to Village Ordinance 3950 adopted June 21, 1988. Section Two: It is hereby declared and determined by the President and Board of Trustees of this Village that the amount of $42,305 levied for Unlimited Tax Bond and Interest payments of Special Service Area Number 6 of this Village, pursuant to Village Ordinance No. 3950 adopted on June 21, 1988 be and the same is hereby abated in the amount of $4,674 leaving a balance of $37,631 as that amount levied for such bond and interest payment purposes for the fiscal year commencing lanuary 1, 2000 and ending December 31, 2000. Section Three: It is hereby declared and determined by the President and Board of Trustees of the Village of Mount Prospect that Village Ordinance 3950 is hereby amended with respect to the tax abatement declared herein and set forth in Section Two of this Ordinance. Section Four: The Village Clerk of the Village of Mount Prospect is hereby authorized and directed to file a certified copy of this Ordinance with the County Clerk of Cook County, Illinois within the time specified by law. 1 Section Five: This Ordinance shall be in full force and effect upon its passage, approval and publication in pamphlet form and filing as provided by law: AYES: NAYS: ABSENT: PASSED and APPROVED this day of ,2000. ATTEST: Gerald L. Farley, Village President Velma W. Lowe, Village Clerk VILLAGE OF MOUNT PROSPECT FINANCE DEPARTMENT INTEROFFICE MEMORANDUM TO: VILLAGE MANAGER FROM: DIRECTOR OF FINANCE DATE: NOVEMBER 30, 2000 SUBJECT: PROPOSED 2001 BUDGET PURPOSE: To present for the Village Board's consideration an ordinance adopting the annual budget for the ealandar year 2001. BACKGROUND: The Village Manager released his proposed budget on October 6, 2000. Over the past six weeks the Finance Commission met four times to review the document. The Village Board, as a Committee of the Whole, reviewed the proposed budget on October 24, November 14, and November 28, 2000. DISCUSSION: During the course of the three Committee of the Whole budget meetings certain changes to the proposed budget were discussed and approved. There are also a few carryovers and modifications to the budget which staff is recommending. Attached hereto is a summary of the proposed changes to the originally submitted 2001 Proposed Budget. The more material changes have to do with the addition of a full-time building inspector and the upgrade of a part-time Community Development clerk to full-time status. The increase in General Fund expenditures for these changes totals $82,779. There is also an increase in the Risk Management Fund for the health and life insurance expenses related to the new employees. The total operating expenses are offset by an additional $100,000 being added to the building permit revenue estimate. In addition, $16,000 will be expended out of the Vehicle Replacement Fund for the purchase of a new automobile for the new inspector. We also added $17,465 to the Building Inspection Division budget to account for the part-time inspector the Board authorized in late 2000. This position was inadvertently omitted from the original proposed budget. Two budget canyover items have been identified. The Human Services Department has asked to carryover into 2001 the $15,000 budgeted for computer software. The Fire Department has requested that the $13,850 budgeted for traffic signal preemption equipment be carried over to 2001. illage Manager 2001 Proposed Budget November 30, 2000 Page Two Also reflected in the Summary of Budget Changes is an increase of $33,660 to the budget for property and liability insurance to reflect the actual premium quotations just recently received. We are increasing the Firefighters Pension Fund revenue projection total by $36,759. This will properly reflect the amount shown as revenue and expenditure in the General Fund as a transfer to the Pension Fund. The amount budgeted for the Mount Prospect Historical Society is being increased by $5,000, for a total of $40,000, pursuant to direction received from the Board on November 28th. It is being recommended that $5,000 be budgeted for the residential reimbursement program for qualified flood control improvements. A budget request sheet was not submitted for this program, however, staff would like to continue this longstanding program. Fund would come from the Flood Control Construction Fund. Finally, we are incorporating into the Village's budget the $4,573,000 spending plan for the Mount Prospect Library as approved by their Board. With the above changes, the Village's estimated revenues are increasing by $129,442 and budgeted expenditures are increasing by $181,437. Including the Library's revenue and expenditure budget of $4,573,000, the Village's total budget will reflect revenues of $85,805,945 and expenditures of $73,536,154. A public hearing on proposed budget has been scheduled for December 19th. Notice of the public hearing will be published in the Daily Herald on December 7th. Attached is a draft ordinance that officially adopts the budget for the Village of Mount Prospect. Once the ordinance is passed the Finance Department will revise the budget document to incorporate all of the approved changes. We expect to have the approved budget document produced no later than January 15th. RECOMMENDATION: It is recommended the Village Board pass the accompanying draft ordinance adopting the 2001 annual budget. ~~ DOUGLAS R. ELLSWORTH, CPA VILLAGE OF MOUNT PROSPECT 2001 PROPOSED BUDGET SUMMARY OF RECOMMENDED CHANGES 2001 BUDGET 2001 2001 Budget Proposed Originally Recommended Budget Account Name Account Number Proposed Chan~le As Amended Revenues Licenses and Permits Building Permits 0010000-421100 220,000 100,000 320.000 Other Revenues 27.680.810 0 27,680.810 Total Revenues 27,900,810 100,000 28.000,810 Expenditures Community Development Building Inspections Division Full-Time Earnings 0012105-500000 338.528 71,750 410.278 Part-Time Earnings 0012105-500100 11,480 4.744 16,224 FICA Costs - Social Security 0012105-510000 22,431 4,742 27.173 FICA Costs - Medicare 0012105-510100 5,246 1,109 6,355 IMRF Pension Expense 0012105-510200 19.407 3,975 23,382 Medical Insurance 0012105-510600 55,503 13.876 69,379 Life insurance 0012105-510601 335 48 383 Human Services Human Services Administration Computer Programming 0013101-540040 10,000 15,000 25,000 Community and Civic Services Community Groups & Miscellaneous M P Historical Society 0016102-540980 35,000 5,000 40,000 Contingencies Trensfer to Capital Improve. Fund 0018901-800051 594,435 (22,465) 571,970 Other Expenditures 26,808,445 0 26,808,445 Total Expenditures 27,900,810 97,779 27,998,589 CAPITAL IMPROVEMENTS FUND Revenues Other Financing Sources Transfer from General Fund 5100000-490550 594,435 (22,465) 571,970 Other Revenues 2,132,047 0 2,132,047 Total Revenues 2,726,482 (22,465) 2,704,017 Page1 VILLAGE OF MOUNT PROSPECT 2001 PROPOSED BUDGET SUMMARY OF RECOMMENDED CHANGES 2001 BUDGET 2001 2001 Budget Proposed Originally Recommended Budget Account Name Account Number Proposed Change As Amended CAPITAL IMPROVEMENTS CONSTRUCTION FUND Expenditures Capital Improvements Village Improvements & Equipt. Traffic Pre-emption Equipment 5307701-670081 0 13,850 13,850 Other Expenditures 176,816 0 176,816 Total Expenditures 176,816 13,850 190,666 FLOOD CONTROL CONSTRUCTION FUND Expenditures Capital Improvements Flood Control Projects Residential Reimbursement Program 5907704-590105 0 5,000 5,000 Other Expenditures 2,802,700 0 2,802,700 Total Expenditures 2,802,700 5,000 2,807,700 VEHICLE REPLACEMENT FUND Expenditures Motor Equipment Replacement Mobile Equipment Replace Pool Vehicles 6707709-660124 55,350 t6,000 71,350 Other Expenditures 1,328,650 0 1,328,650 1,384,000 16,000 1,400,000 RISK MANAGEMENT FUND Revenues Charges for Service General Fund Charges - Medical 6900000-443600 1,885,178 13,924 1,899,102 Other Revenue Employee Contributions 151,128 1,224 152,352 Other Revenues 1,729,186 0 1,729,186 Total Revenues 3,765,492 15,148 3,780,640 Expenses Property and Casualty Insurance Property Insurance 6908501-560101 27,300 14,300 41,600 Liability Insurance 6908501-560102 63,000 30,500 93,500 Workers Compensation Insurance 6908501-560104 31,140 (11,140) 20,000 Medical Insurance Medical Claims 6908502-560207 1,443,250 15,100 1,458,350 Life Insurance 6908502-560113 25,250 48 25,298 Other Expenses 1,892,155 0 1,892,155 Total Expenses 3,482,095 48,808 3,530,903 Page 2 VILLAGE OF MOUNT PROSPECT 2001 PROPOSED BUDGET SUMMARY OF RECOMMENDED CHANGES 2001 BUDGET 2001 2001 Budget Proposed Originally Recommended Budget Account Name Account Number Proposed Change As Amended FIREFIGHTERS' PENSION FUND Revenues Other Revenue Village Contributions - RE Tax 7200000-487700 697,171 36,759 733,930 Other Revenues 2,288,250 0 2,288,250 Total Revenues 2,985,421 36,759 3,022,180 Revenues Property Taxes, Library 9500000-499100 0 2,945,098 2,945,098 Property Taxes, IMRF 9500000-499101 0 287,451 287,451 Property Taxes, Maint. & Repair 9500000-499102 0 215,000 215,000 Property Taxes, Insuranco & Audit 9500000-499103 0 40,294 40,294 Other Revenues 9500000-499109 0 547,706 547,706 Property Taxes, Working Cash 9500000-499110 0 537,451 537,451 Total Revenues 0 4,573,000 4,573,000 Expenditures Administration Payroll 0 2,350,000 2,350,000 Pension 0 265,000 265,000 Medical Insurance 0 145,000 145,000 Other Administration Postage & Printing 0 45,000 45,000 Programs 0 40,000 40,000 Outside Services 0 60,000 60,000 Supplies 0 65,000 65,000 Other 0 70,000 70,000 Insurance 0 39,000 39,000 Building Utilities 0 60,000 60,000 Building Maintenance 0 375,000 375,000 Equipment Maintenance 0 210,050 210,000 Equipment 0 114,000 114,000 Other 0 35,000 35,000 Materials Print 0 500,000 500,000 Non-print 0 200,000 200,000 Total Expenditures 0 4,573,000 4,573,000 Page 3 VILLAGE OF MOUNT PROSPECT 2001 PROPOSED BUDGET SUMMARY OF RECOMMENDED CHANGES 2002 FORECAST BUDGET Odginal Recommended 2002 Forecast Account Name Account Number 2002 Forecast Change As Amended Revenues Ucenses and Permits Building Permits 0010000-421100 220,000 100,000 320,000 Other Revenues 28,550,243 0 28,550,243 Total Revenues 28,770,243 100,000 28,870,243 Expenditures Community Development Building Inspections Division Full-Time Eamings 0012105-500000 352,069 74,620 426,689 Part-Time Earnings 0012105-500100 11,939 4,934 16,873 FICA Costs - Social Secudty 0012105-510000 23,373 4,932 28,305 FICA Costs - Medicare 0012105-510100 5,466 1,154 6,620 IMRF Pension Expense 0012105-510200 21,902 4,478 26,380 Medical Insurance 0012105-510600 60,398 15,099 75,497 Life Insurance 0012105-510601 335 48 383 Community and Civic Services Community Groups and Miscellaneous M P Historical Society 0016102-540980 35,000 5,000 40,000 Other Expenditures 28,812,604 0 28,812,604 Total Expenditures 29,323,086 110,265 29,433,351 FLOOD CONTROL CONSTRUCTION FUND Expenditures Capital Improvements Flood Control Projects Residential Reimbursement Program 5907704-590105 0 5,000 5,000 Other Expenditures 125,000 0 125,000 Total Expenditures 125,000 5,000 130,000 RISK MANAGEMENT FUND Revenues Charges for Service General Fund Charges - Medical 6900000-443600 2,072,862 '15,147 2,088,009 Other Revenue Employee Contributions 160,452 1,296 161,748 Other Revenues 1,816,411 0 1,816,411 Total Revenues 4,049,725 16,443 4,066,168 Page 1 VILLAGE OF MOUNT PROSPECT 2001 PROPOSED BUDGET SUMMARY OF RECOMMENDED CHANGES 2002 FORECAST BUDGET Original Recommended 2002 Forecast Account Name Account Number 2002 Forecast Change As Amended Expenses Property and Casualty Insurance Property Insurance 6908501-560101 28,700 15.000 43.700 Liability Insurance 6908501-560102 66,000 32.200 98.200 Workers Compensation Insurance 6908501-560104 32,390 (11.390) 21.000 Medical Insurance Medical Claims 6908502-560207 1.626,825 16.395 1.643.220 Life Insurance 6908502-560113 25,500 48 25.548 Other Expenses 1,998,155 0 I 998 155 Total Expenses 3.777,570 52.253 3.829.823 Page 2 ORDINANCE NO. AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2001 TO DECEMBER 31, 2001 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE PASSED AND APPROVED BY THE PRESIDENT AND BOARD OF TRUSTEES the day of ,2000 Published in pamphlet form by authority of the corporate authorities of the Village of Mount Prospect, Illinois the day of ,2000. ORDINANCE NO. AN ORDINANCE ADOPTING AN ANNUAL BUDGET FOR THE VILLAGE OF MOUNT PROSPECT FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2001 TO DECEMBER 31, 2001 IN LIEU OF PASSAGE OF AN APPROPRIATION ORDINANCE WHEREAS, the President and Board of Trustees of the Village of Mount Prospect in accordance with Statutes, have provided for the preparation and adoption of an Annual Budget in lieu of passage of an Appropriation Ordinance; and WHEREAS, the tentative Annual Budget for the Village of Mount Prospect for the fiscal year beginning January 1, 2001 and ending December 31, 2001, as prepared by the Budget Officer for the Village and submitted to the President and Board of Trustees, was placed on file in the Office of the Village Clerk on October 6, 2000, for public inspection, as provided by Statute; and WHEREAS, pursuant to notice duly published on December 7, 2000, a public hearing was held by the President and Board of Trustees on said tentative annual budget on December 19, 2000, as provided by Statute; and WHEREAS, following said public hearing, said tentative Annual Budget was reviewed by the President and Board of Trustees and a copy of said tentative Annual Budget is attached hereto and hereby made a part hereof. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS: SECTION ONE: The Annual Budget for the Village of Mount Prospect for the fiscal year beginning lanuary I, 2001 and ending December 31, 2001, a copy of which is attached hereto and made a part hereof, is hereby approved and adopted as the Annual Budget for the Village of Mount Prospect for said fiscal year. SECTION TWO: Within thirty (30) days following the adoption of this Ordinance there shall be fried with the County Clerk of Cook County a copy thereof duly certified by the Village Clerk and Estimate of Revenues by source anticipated to be received by the Village in the fiscal year beginning January 1, 2001 and ending December 31, 2001, duly certified by the Chief Fiscal Officer. SECTION THREE: 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 ,2000. ATTEST: Gerald L. Farley, Village Presidem Velma W. Lowe, Village Clerk 2 VILLAGE OF MOUNT PROSPECT FINANCE DEPARTMENT INTEROPP~CE MEMORANDUM TO: VILLAGE MANAGER FROM: DIRECTOR OF FINANCE DATE: NOVEMBER 21, 2000 SUBJECT: PRIVATE ACTIVITY BOND VOLUME CAP - CENTENNIAL APARTMENTS (NORTH AND SOUTH) PURPOSE: To present for the Board's consideration two resolutions stating the Village's intent to issue private activity bonds in an amount not to exceed $19 million to finance both the acquisition of Centennial Apartments and certain improvements to said complex. BACKGROUND: The Village was approached in August by representatives of Urban Innovations, a real estate company that is in the process of purchasing the Centennial North and South apartment buildings. Urban Innovations and their financial advisor, Gates Capital, are requesting that the Village cede its private activity bond volume cap to this project to allow the developer to finance the acquisition at tax-exempt rates. Centennial Apartments is a Section 8 seniors complex that has successfully served the Village's elderly for more than twenty years. DISCUSSION: Urban Innovations is in the process of purchasing eight different apartment complexes within the State of Illinois. They are attempting to utilize private activity bond tax- exempt financing for all eight real estate transactions. The intent of Urban Innovations is to alleviate the need for eight bond financings with seven different municipalities. They have come to an agreement with the City of Danville where Danville will be responsible for the debt issuance on behalf of all seven municipalities. The draft resolutions and Memorandum of Agreements attached hereto indicate that the Village will be responsible for issuing the debt. We have been advised by both our bond counsel, Katten Muchin & Zavis, and Urban Innovations bond counsel, Chapman and Cutler, that the resolutions need to be worded this way due to the complex tax laws. Village Attorney Everette Hill has reviewed the documents and discussed the matter with both bond counsel and concurs with their position. The Village Attorney has received letters fi.om both Urban Innovations and Chapman and Cutler to satisfy our concern that we not be placed in a position where the Village of Mount Prospect must be the actual issuer of the revenue bonds. ILLAGE MANAGER CENTENNIAL APARTMENTS NOVEMBER 21, 2000 PAGE TWO In essence, the Village is being asked to cede its entire 2001 private activity bond volume cap to Gates Capital and Urban Innovations for the City of Danville to issue bonds to finance a portion of the cost of acquiring and improving Centennial Apartments in the Village of Monnt Prospect. The Village would not be responsible for the repayment of the bonds, nor would it be responsible for monitoring compliance with the tax laws. The amount of our 2001 volume cap is $2,679,050. In exchange for assisting Urban Iunovat_ions with this transaction the Village will receive a one-time fee of 2.25% of the amount of the volume cap being transferred. This amounts to $60,278.63. Gates Capital and Urban Innovations has already paid a non-refundable deposit of $5,000. The balance would be remitted upon passage of the resolutions. Urban Innovations has committed to use its best efforts in mainta'ming Centennial Apa~hnents as a Section 8 complex for the elderly. They are also committing to spend approximately $2.4 million on a complete updating and replacement of boilers and beat distribution systems, new roofs, upgrading of common areas, bathrooms and kitchens and the repair/replacement of parking lot area and sidewalks. RECOMMENDATION: It is recommended the Village Board pass the two resolutions attached hereto, stating the Village's intent to issue $19 million in private activity revenue bonds to finance all or a portion of the cost of Urban Innovations acquisition of Centennial Apartments. DOUGLAS R. ELLSWORTH, CPA I:\Corresp~IntlX2000\Centennial Apartments Memo 11-21-00.doe 11/30/2060 16:14 8476159606 JSH & ~,~--'SOC. PAG~E 08 ' 'Mr, B~.~U" . ~o~ ~0, 2~ ~ ~i~, '" ' .... we ~ ~ ~ o~ ~-~t~ ~o ~ ~v~'t,.,~ co~on ~ ~ly. ~ Well ~ ~ a ~ tO ~e ~ ~d ~ ~f ~e ~ d~ (~ ~, ~ ~. ~c,).. ~e ~ouM ~h t~t ~ ~ ~'~ ~ ~ r~ ~ ~ 2~1 ~l~e cap ' ~r '~ A~S ~ ~ ~of ~ ~'s ~ ~ m~g ~h~e yet ., · ~r. Y~ ~ ~e ~ ~ ~t idm~ M~ ~o~ ~ ~ ~e~ of the '~d ~-gov~m~i ~on ~t ~ ~t ~ the ~ng t~ ~ ·" a~aa~ i~bf ~ ~.' - ' ' ' ~ ~m'you, ~v~ Vi~ ~d~t · - ' ugust 11, 2000 Tile Honorable Gerlad L. Farley Mayor Village o f Mount Prospect 100 South Emerson Street U R B A N Mount Prospect, Illinois 60056 ~ x x o v^'rm x s Dear Mayor Farley: It was a pleasure to meet you and your Staff yesterday to discuss Urban Innovations acquisition of the Centennial Apartment projects. Thank you for confirming the Village's support by considering to pass a resolution allocating the Village's 2001 Volume Cap, estimated at $2,600,000, to the project. Pursuant to our conversation, I want to confirm to you and Mount Prospect as a whole, that it is the intention of Urban Innovations to continue operating the properties as they have been for the past 20 years and NOTeonvert them in any way. This includes not only providing low-income seniors an affordable housing option but continuing the high standards of property management and maintenance that have been established by Dell Corporation. As long as there is an available source of subsidy to successfully operate the properties, Urban Innovations pledges to mainta'm the current structure. As you are aware, the Centennial South project has a HAP contract that expires in August 2002. As a requirement of the program, the owner is obligated to inform the tenants within one year of expiration of this event and the possibility of non-renewal. Since it is our plan to consummate this transaction in March of 2001, Urban Innovations will be the owner of record within this time frame. Our investigation and discussions with HUD officials indicate that an extension to this HAP contract will be granted. The term of this extension is unclear but our financing requires that the property remain low income. We will actively pursue the extension of this and the other expiring HAP contracts within the portfolio. As I have mentioned, my firm considers the Village as much a tenant in these properties as anyone that physically lives in a unit. We will inform and involve the Village of actions that might impact the properties md/or the tenancy. Once again, thank you for your time and consideration on this project. I wu.~ OF_Mou~r mOSeECT A~cw W'.. Deh*nan . * Cc: Douglas ]~llsworth'~ JlECEIVED Michael Sanonis July 28, 2000 U R B A N INNOVATIONS Mr. Gerald L. Farley Village President Village of Mount Prospect 100 South Emerson Street Mount Prospect, Illinois 60066 Re: Volume Cap Request for Centennial North and South Senior Apartments Dear Mr. Farley: Urban Innovations is seeking an inducement resolution authorizing the issuance of tax-exempt bonds to acquire and renovate Centennial Apartments North and South. Centennial Apartments North and South is a combined 198-unit apartment community located at 900 Ardyce Lane and 900 Centennial DriVe in Mount Prospect. The properties serve the needs of low-income elderly individuals that qualify for Section 8 subsidy. The projects were built between 1979 and 1982 by the current owner, Dell Corporation, and have been a fully occupied since their opening. Urban InnOvations, the pUrChaSer, will be acquiring these and six other projects from the owner. If adequate Tax Exempt financing can be arranged, it is Urban's intention to continue operating the property for similar tenants in the same high quality manner aS haS been for the paSt 20 years. The lower than market financing will allow improvements to the property that could otherwise force ownership to convert the property to a market rate facility. Proposed rehabilitation of the properties will approximate $2,500,000 and consist of the following: .- compie,c uptta[mg azzd rep~accmem m Borers and ~leat oisaabutmn syst~nis New roof with energy efficient insulation system ., Upgrade of common areas and bathrooms and kitchens in individual units Repair and replacement of parking lot area and sidewalks Additionally, Urban is performing a third party engineering survey to determine other areas that may need updating or repair. ',;i:,.;~.~GE OF MOUi'~T :'~r"~C.S-~"~ F~NANCE DEm: I~ECEi',z E 5 RESOLUTION NO. A RESOLUTION OF INTENTION TO ISSUE REVENUE BONDS OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $10,000,000, TO FINANCE ALL OR A PORTION OF THE COST OF ACQUIRING LAND, BUILDINGS AND RELATED IMPROVEMENTS, FURNISHINGS, EQUIPMENT AND RELATED PROPERTY, CONSTRUCTING IMPROVEMENTS THERETO AND ACQUIRING FURNISHINGS, EQUIPMENT AND RELATED PROPERTY TO BE INSTALLED THEREIN FOR URBAN MOUNT PROSPECT SOUTH LIMITED PARTNERSHIP, OR ITS DESIGNEE; AUTHORIZING THE EXECUTION OF A MEMORANDUM OF AGREEMENT BY AND BETWEEN THE VILLAGE AND SAID COMPANY; AND RELATED MATTERS. WHEREAS, the Vilhge of Mount Prospect, Cook County, Rlinois (the "Yssuer") is a municipality duly organized and validly existing under the Constitution and the laws of the State of lllinois, and has a population in excess of 25~000 people; and WHEREAS, pursuant to Section 6(a) of Article VII of the Constitution of the State of Illinois, the Issuer is a home role unit of government; and WHEREAS, pursuant to the Constitution and the laws of the State of Illinois, and particularly its home role powers, the Issuer is authorized to issue its revenue bonds to aid in the financing of the costs of any multi-family housing project, for the purpose of providing decent, safe, sanitary housing for residents of the Village of Mount Prospect, Illinois, increasing employment and other public purposes; and WHEREAS, Urban Mount Prospect South Limited Partnership, an Illinois limited partnership (the "Company"), wishes to finance all or a portion of the cost of acquiring land, build'rags and related improvements, furnishings, equipment and related property, constructing improvements thereto and acquiring furnishings, equipment and related property to be installed therein (the "Project"), all to be owned and operated by the Company as a multi-family housing facility and all to be located in the Village of Mount Prospect, Illinois, as further described in the attached Memorandum of Agreement; and WHERE^S, the Company wishes to have the Issuer issue one or more issues of its revenue bonds in one or more series for the Company or its designee, in an aggregate principal amount not to exceed a combined total of $10,000,000 (the "Bonds"), to provide financing for all or a portion of the cost of the Project, all in furtherance of the public purposes aforesaid; and WHEREAS, so as to accomplish the public purposes aforesaid, the Issuer proposes to issue its revenue bonds pursuant to its home role powers to finance the acquisition, construction and installation of the Project; and WHERBAS, it is deemed necessary and advisable, to accomplish the public purposes aforesaid, that the Project be undertaken at the earliest practicable date, and the Company has requested satisfactory assurances from the Issuer that the proceeds of the sale of one or more issues of Bonds in an'aggregate principal amount not to exceed a combined total of $10,000,000 to provide financing for all or a portion of the cost of the Project will be made available; and WHEREAS, a Memorandum of Agreement has been presented to the Issuer under the terms of which the Issuer agrees, subject to the provisions of said Memorandum of Agreement, to issue its revenue bonds to provide for the financing of all or a portion of the costs of the acquisition, construction and installation of the Project; and WHEREAS, all or a portion of the expenditures relating to the Project (the "Expen- ditures'') (i) have been paid within the 60 days prior to this Resolution, or (ii) will be paid on or after the passage of this Resolution; and WHEREAS, the Issuer (based on information supplied by the Company, on which the Issuer believes it is reasonable and prudent to rely) and the Company reasonably expect to reimburse themselves for the Expenditures with the proceeds of the Bonds or another borrowing; -2- NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPEC]~, COOK COUNTY, ILLINOIS, AS FOLLOWS: Section 1. The form, terms and provisions of the Memorandum of Agreemem presented to this meeting are hereby approved. Section 2. The President of the Issuer is hereby authorized to execute and deliver, and the Village Clerk of the Issuer is hereby authorized to attest and to affix the official seal of the Issuer to, a Memorandum of Agreement with the Company in substantially the form of such Memorandum of Agreement as was present~l to this meeting or with such changes therein as shall be approved by the officers executing the same, which Memorandum of Agreement is hereby made a part of this Resolution. Section 3. The officers, employees and designated agents of the Issuer are hereby authorized to take such further action as is necessary to carry out the intent and purpose of the Memorandum of Agreement, as executed, and to cause not more than a combined aggregate principal amount of $10,000,000 of the Bonds to be issued upon the terms and conditions stated in such Memorandum of P~greement. Section 4. The Company reasonably expects to reimburse the Expenditures with proceeds of the Bonds or another borrowing. Section 5. The Issuer reasonably expects to reimburse the Expenditures with the proceeds of the Bonds or another borrowing, based on the expectation of the Company, on which the Issuer believes it is reasonable and prudent to rely. Section 6. So as to accomplish the public purposes aforesaid and the Memorandum of Agreement, the Issuer will issue its Bonds in one or more series in an amount sufficient to finance all or a portion of the costs of the Project; provided, that the maximum principal amount of Bonds expected to be issued for the Project is $10,000,000. -3- Section 7. The Issuer may choose to issue the Bonds as provided in this Resolution, or, pursuant to the Intergovernmental Cooperation Act (5 Illinois Compiled Statutes 1998, 220/1 et seq., as supplemented and amended) may choose to have another municipality issue the .Bonds on behalf of the Issuer. Section 8. The Issuer hereby reserves its entire volume cap allocation for calendar year 2001 for allocation to the Bonds, and will, upon the payment of a fee equal to 2.25% of the amount of said volume cap, allocate such volume cap to the Bonds or transfer said volume cap to any state agency or unit of government as shall be designated by Gates Capital Cooperation, such transfer to be evidenced by a writing executed by the President of the Issuer. Section 9. The Village Clerk of the Issuer is hereby authorized to determine, in consultation with the Company, a date for a public hearing on the plan of financing of the Project through the proposed issuance of the Bonds, as required by Section 147(f) of the Internal Revenue Code of 1986, as amended (the "Code"), and to publish a public notice of such hearing in such form as approved by the Company and bond counsel. Said public hearing date may be the date of any regular meeting of the President and Board of Trustees of the Issuer or any special meeting for which notice is duly given, and the notice shall be published in such newspaper as the Village Clerk of the Issuer, in consultation with the Company, may determine, but in any event not less than one time not less than fourteen (14) days prior to the public hearing date in a newspaper of general circulation in the vicinity of the site of the Project and in the Village of Mount Prospect, Illinois. Section 10. The Issuer hereby authorizes and approves the designation of Gates Capital Corporation to act as underwriter and Chapman and Cutler to act as Bond Counsel with respect to the issuance of the Bonds. -4- Section 11. All ordinances, resolutions, orders and parts thereof in conflict herewith are hereby superseded to the extent of such conflict. Section 12. If any section, paragraph, clause or provision of this Resolution shall be held invalid, the invalidity of such section, paragraph, clause or provision shall not affect any of the other provisions of this Resolution. Section 13. This Resolution shall be in full force and effect from and after its passage and approval as provided by law. PASSED, APPROVED AND RECORDED this __ day of ,2000. President [SEAL] ATr~ST: Village Clerk AYES: NAYS: ABSENT OR NOT VOTING: -5- MEMORANDUM OF AGREEMENT THIS MEMORANDUM OF AGREEMENT (the "Agreement") is by and between the VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, a municipality and a home rule unit of government duly organized and validly existing under the Constitution and the laws of the State of Illinois (the "Issuer"), and URBAN MOUNT PROSPECT SOUTH LIMITED PARTNERSHIP, a limited partnership duly organized and validly existing under the laws of the State of Illinois (the "Company"). 1. Preliminary Statement. Among the matters of mutual inducement which have resulted in this Agreement are the following: (a) The Issuer is a home rule unit of government under Section 6(a) of Article VII of the 1970 Constitution of the State of Illinois, and is authorized by its home role powers to issue its revenue bonds to finance certain facilities, including without limitation multi-family housing facilities. Co) The Company wishes to finance all or a portion of the cost of the acquisition of land, buildings and related improvements, furnishings, equipment and related property, the construction of improvements thereto and the acquisition of furnishings, equipment and related property to be installed therein (the "Project"), all to be owned and operated by the Company, or its designee, as a multi-family housing facility and all to be located in the Village of Mount Prospect, Illinois. The Company wishes to have the Issuer issue one or more issues of its revenue bonds in one or more series in an aggregate principal amount not to exceed a combined total of $10,000,000 (the "Bonds"), to finance all or a portion of the costs of the Project pursuant to its home rule powers and the provisions of the Internal Revenue Code of 1986, as amended (the "Code"). (c) The Bonds shall be special, limited obligations of the Issuer payable solely out of the revenues and receipts and other amounts received by or on behalf of the Issuer, pursuant to a loan agreement, lease agreement or other financing agreement between the Issuer and the Company or its designee. The Bonds and the interest thereon shall not constitute an indebtedness or a loan of credit of the Issuer, the State of Illinois or any political subdivision thereof, within the meaning of any constitutional or statutory provisions, and no owner of any such revenue bonds shall have the right to compel any exercise of the taxing power of the Issuer, the State of Illinois or any political subdivision thereof to pay the principal of, premium, if any, or interest on the Bonds. (d) The Issuer finds that the financing of the Project from the proceeds of the Bonds will be for the public purposes set forth in the resolution authorizing the execution and delivery of this Agreement by providing decent, safe, sanitary housing, by increasing employment and for the increased weffare and prosperity of the residents of the Village of Mount Prospect, Illinois. Subject to due compliance with all requirements of law, the Issuer, by virtue of such authority as may now or hereafter be conferred, subject to the holding of a public hearing on the financing of the Project through the issuance of the Bonds and matters disclosed at said public heating, and subject to receipt of adequate assurance from the Company or its designee that there are one or more purchasers for the Bonds, will issue and sell one or more issues of the Bonds in one or more series in an aggregate principal amount not to exceed a combined total of $10,000,000, to pay all or a portion of the costs of the Project. 2. Undertakings on the Part of the Issuer. Subject to the conditions above stated, the Issuer hereby agrees as follows: (a) That it will authorize the issuance and sale of one or more issues of the Bonds in one or more series in an mount not to exceed a combined aggregate principal amount of $10,000,000, pursuant to its lawful and constitutional authority, as then in effect; provided, that the Issuer may cause another municipality to issue the Bonds on its behalf. (b) That it will enter into a loan agreement, lease agreement or other financing agreement with the Company or its designee, whereby the Company or its designee will pay to, or on behalf of, the Issuer such sums as shall be sufficient to pay when due the principal of and interest and redemption premium, if any, on the Bonds as and when the same shall become due and payable. (c) That it will take such further action and adopt such further proceedings as may be required to implement the aforesaid undertakings or as it may deem appropriate in pursuance thereof. 3. Undertakings on the Part of the Company. Subject to the conditions above stated, the Company hereby agrees as follows: (a) That it will use all reasonable efforts to find one or more purchasers for the total amount of Bonds of each issue prior to requesting any further approval by the Issuer for such issue. (b) That contemporaneously with the delivery of the Bonds it, or its designee, will enter into a loan agreement, lease agreement or other financing agreement, with the Issuer, under the terms of which the Company or its designee will obligate itself to pay to or on behalf of the Issuer sums sufficient in the aggregate to pay the principal of and interest and redemption premium, if any, on the Bonds as and when the same shall become due and payable. The Company, or its designee, will also pay directly to the Issuer its reasonable fees and the reasonable fees and expenses of bond counsel in connection with the issuance of the Bonds. (c) That it will take such further action and adopt such further proceedings as may be required to implement the aforesaid undertakings or as it may deem appropriate in pursuance thereof. -2- 4. General Provisions. (a) All commitments of the Issuer under paragraph 2 hereof and of the Company under paragraph 3 hereof are subject to the conditions that on or before December 31, 2001 (or such other date as shall be mutually satisfactory to the Issuer and the Company), the Issuer and the Company shall have agreed to mutually acceptable terms and conditions of the loan agreement, lease agreement or other financing agreement referred to in paragraphs 2 and 3 above and of the Bonds and other instruments or proceedings relating to the Bonds. (b) If the events set forth in (a) of this paragraph do not take place within the time set forth or any extension thereof and the Bonds in an mount of approximately the amount stated above are not sold within such time, the Company agrees that it will reimburse the Issuer for all reasonable and necessary direct out-of-pocket expenses which the Issuer may incur at the request of the Company arising from the execution of this Agreement and the performance by the Issuer of its obligations hereunder, and this Agreement shall thereupon terminate. (c) The Company acknowledges that under the Code and Illinois law the allocation of authority to issue tax exempt private activity bonds during the term of this Agreement may be limited to an amount less than the proposed principal amount of the Bonds. The Issuer makes no representation or warranty that the Bonds will receive any necessary allocation of such authority to issue tax exempt private activity bonds, except as otherwise provided ia the resolution authorizing the execution and delivery of this Agreemem. (d) If, by reason of any limitation under the Code or for other cause, the Issuer is prevented from fulfilling its undertakings hereunder in accordance with the intent of the parties hereto, then at the request of the Company or otherwise this Agreement shall be assigned with full substitution by the Issuer to the Illinois Development Finance Authority or other state or local agency having power to finance the Project and willing to accept such assignmem, and upon such assignment all obligations of the Issuer hereunder shall terminate. -3- IN WITNESS WHEREOF, the parties hereto have entered into this agreement by their officers thereunto duly authorized as of the __ day of ,2000. VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS By President [SEnti ATTEST: Village Clerk URBAN MOUNT PROSPECT SOUTH LIMITED PARTNERSHIP By General Partner RESOLUTION NO. A RESOLUTION OF INTENTION TO ISSUE REVENUE BONDS O1: THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, IN AN AGGREGATE PRINCIPAL AMOUNT NOT TO EXCEED $9,000,000, TO FINANCE ALL OR A PORTION OF THE COST OF ACQUIRING LAND, BUILDINGS AND RELATED IMPROVEMENTS, FURNISHINGS, EQUIPMENT AND RELATED PROPERTY, CONSTRUCTING IMPROVEMENTS THERETO AND ACQUIRING FURNISHINGS, EQUIPMENT AND RELATED PROPERTY TO BE INSTALLED THEREIN FOR URBAN MOUNT PROSPECT NORTH LIMITED PARTNERSHIP, OR ITS DESIGNEE; AUTHORIZING THE EXECUTION OF A MEMORANDUM OF AGREEMENT BY AND BETWEEN THE VILLAGE AND SAID COMPANY; AND RELATED MA'ITI~RS. WHEREAS, the Village of Mount Prospect, Cook County, Illinois (the "Issuer") is a municipality duly organized and validly existing under the Constitution and the laws of the State of nlinois, and has a population in excess of 25,000 people; and WHEREAS, pursuant to Section 6(a) of Article VII of the Constitution of the State of Illinois, the Issuer is a home rule unit of government; and WHEREAS, pursuant to the Constitution and the laws of the State of Illinois, and particularly its home rule powers, the Issuer is authorized to ~ssue its revenue bonds to aid in the financing of the costs of any multi-family housing project, for the purpose of providing decent, safe, sanitary housing for residents of the Village of Mount Prospect, Illinois, increasing employment and other public purposes; and WHEREAS, Urban Mount Prospect North Limited Partnership, an Illinois limited partnership (the "Company"), wishes to finance all or a portion of the cost of acquiring land, buildings and related improvements, furnishings, equipment and related property, constructing improvements thereto and acquiring furnishings, equipment and related property to be installed therein (the "Project"), all to be owned and operated by the Company as a multi-family housing facility and ail to be located in the Village of Mount Prospect, Illinois, as further described in the attached Memorandum of Agreement; and WHEREAS, the Company wishes to have the Issuer issue one or more issues of its revenue bonds in one or more series for the Company or its designee, in an aggregate principai amount not to exceed a combined total of $9,000,000 (the "Bonds"), to provide financing for all or a portion of the cost of the Project, all in furtherance of the public purposes aforesaid; and WHERF. AS, so as to accomplish the public purposes aforesaid, the Issuer proposes to issue its revenue bonds pursuant to its home role powers to finance the acquisition, construction and installation of the Project; and WP, F_.REAS, it is deemed necessary and advisable, to accomplish the public purposes aforesaid, that the Project be undertaken at the earliest practicable date, and the Company has requested satisfactory assurances from the Issuer that the proceeds of the sale of one or more issues of Bonds in an aggregate principal amount not to exceed a combined total of $9,000,000 to provide financing for ail or a portion of the cost of the Project will be made available; and WHEREAS, a Memorandum of Agreement has been presented to the Issuer under the terms of which the Issuer agrees, subject to the provisions of said Memorandum of Agreement, to issue its revenue bonds to provide for the financing of ail or a portion of the costs of the acquisition, construction and installation of the Project; and WItEREAS, ail or a portion of the expenditures relating to the Project (the "Expen- ditures'') (i) have been paid within the 60 days prior to this Resolution, or (ii) will be paid on or after the passage of this Resolution; and WHEREAS, the Issuer (based on information supplied by the Company, on which the Issuer believes it is reasonable and prudent to rely) and the Company reasonably expect to reimburse themselves for the Expenditures with the proceeds of the Bonds or another borrowing; -2- Now, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, AS FOLLOWS: Section 1. The form, terms and provisions of the Memorandum of Agreement presented to this meeting are hereby approved. Section 2. The President of the Issuer is hereby authorized to execute and deliver, and the Village Clerk of the Issuer is hereby authorized to attest and to affix the official seal of the Issuer to, a Memorandum of Agreement with the Company in substantially the form of such Memorandum of Agreement as was presented to this meeting or with such changes therein as shall be approved by the officers executing the same, which Memorandum of Agreement is hereby made a part of this Resolution. Section 3. The officers, employees and designated agents of the Issuer are hereby authorized to take such further action as is necessary to carry out the intent and purpose of the Memorandum of Agreement, as executed, and to cause not more than a combined aggregate principal mount of $9,000,000 of the Bonds to be issued upon the terms and conditions stated in such Memorandum of Agreement. Section 4. The Company reasonably expects to reimburse the Expenditures with proceeds of the Bonds or another borrowing. Section 5. The Issuer reasonably expects to reimburse the Expenditures with the proceeds of the Bonds or another borrowing, based on the expectation of the Company, on which the Issuer believes it is reasonable and prudent to rely. Section 6. So as to accomplish the public purposes aforesaid and the Memorandum of Agreement, the Issuer will issue its Bonds in one or more series in an amount sufficient to finance all or a portion of the costs of the Project; provided, that the maximum principal amount of Bonds expected to be issued for the Project is $9,000,000. Section 7. The Issuer may choose to issue the Bonds as provided in this Resolution, or, pursuant to the Intergovernmental Cooperation Act (5 Illinois Compiled Statutes 1998, 220/1 et seq., as supplemented and amended) may choose to have another municipality issue the Bonds on behalf of the Issuer. Section 8, The Issuer hereby reserves its entire volume cap allocation for calendar year 2001 for allocation to the Bonds, and will, upon the payment of a fee equal to 2.25% of the amount of said volume cap, allocate such volume cap to the Bonds or transfer said volume cap to any state agency or unit of government as shall be designated by Gates Capital Cooperation, such transfer to be evidenced by a writing executed by the President of the Issuer. Section 9. The Village Clerk of the Issuer is hereby authorized to determine, in consultation with the Company, a date for a public hearing on the plan of financing of the Project through the proposed issuance of the Bonds, as required by Section 147(I') of the Internal Revenue Code of 1986, as amended (the "Code"), and to publish a public notice of such hearing in such form as approved by the Company and bond counsel. Said public hearing date may be the date of any regular meeting of the President and Board of Trustees of the Issuer or any special meeting for which notice is duly given; and the notice shall be published in such newspaper as the Village Clerk of the Issuer, in consultation with the Company, may determine, but in any event n°t less than one time not less than fourteen (14) days prior to the public hearing date in a newspaper of general circulation in the vicinity of the site of the Project and in the Village of Mount Prospect, Illinois. Section 10. The Issuer hereby authorizes and approves the designation of Gates Capital Corporation to act as underwriter and Chapman and Curler to act as Bond Counsel With respect to the issuance of the Bonds. Section 11. All ordinances, resolutions, orders and parts thereof in conflict herewith are hereby superseded to the extent of such conflict. Section 12. If any section, paragraph, clause or provision of this Resolution shall be held invalid, the invalidity of such section, paragraph, clause or provision shall not affect any of the other provisions of this Resolution. Section 13. This Resolution shall be in full force and effect from and after its passage and approval as provided by law. PASSED, APPROVED AND RECORDED this day of ,2000. President [S~] A'i'i'~T: Village Clerk AYES: NAYS: ABSENT OR NOT VOTING: MEMORANDUM OF AGREEMENT THIS MEMORANDUM OF AGREEMENT (the "Agreement") is by and between the VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS, a municipality and a home rule unit of government duly organized and validly existing under the Constitution and the laws of the State of Illinois (the "Issuer"), and URBAN MOUNT PROSPECT NORTH LIMITED PARTNERSHIP, a limited partnership duly organized and validly existing under the laws of the State of Illinois (the "Company"). 1. Preliminary Statement. Among the matters of mutual inducement which have resulted in this Agreement are the following: (a) The Issuer is a home rule unit of government under Section 6(a) of Article VH of the 1970 Constitution of the State of Illinois, and is authorized by its home rule powers to issue its revenue bonds to finance certain facilities, including without limitation multi-family housing facilities~ (b) The Company wishes to finance ali or a portion of the cost of the acquisition of land, buildings and relawxl improvements, furnishings, equipment and related property, the construction of improvements thereto and the acquisition of furnishings, equipment and related property to be installed therein (the "Project"), all to be owned and operated by the Company, or its designee, as a multi-family housing facility and all to be located in the Village of Mount Prospect, Illinois. The Company wishes to have the Issuer issue one or more issues of its revenue bonds in one or more series in an aggregate principal amount not to exceed a combined total of $9,000,000 (the "Bonds"), to finance all or a portion of the costs of the Project pursuant to its home nde powers and the'provisions of the Internal Revenue Code of 1986, as amended (the "Code"). (c) The Bonds shall be special, limited obligations of the Issuer payable solely out of the revenues and receipts and other amounts received by or on behalf of the Issuer, pursuant to a loan agreement, lease agreement or other financing agreement between the Issuer and the Company or its designee. The Bonds and the interest thereon shall not constitute an indebtedness or a loan of credit of the Issuer, the State of Illinois or any political subdivision thereof, within the meaning of any constitutional or statutory provisions, and no owner of any such revenue bonds shall have the right to compel any exercise of the taxing power of the Issuer, the State of Illinois or any political subdivision thereof to pay the principal of, premium, if any, or interest on the Bonds. (d) The Issuer finds that the financing of the Project from the proceeds of the Bonds will be for the public purposes set forth in the resolution authorizing the execution and delivery of this Agreement by providing decent, safe, sanitary housing, by increasing employment and for the increased welfare and prosperity of the residents of the Village of Mount Prospect, Illinois. Subject to due compliance with all requirements of law, the Issuer, by virtue of such authority as may now or hereafter be conferred, subject to the holding of a public hearing on the financing of the Project through the issuance of the Bonds and matters disclosed at said public hearing, and subject to receipt of adequate assurance from the Company or its designee that there are one or more purchasers for the Bonds, will issue and sell one or more issues of the Bonds in one or more series in an aggregate principal mount not to exceed a combined total of $9,000,000, to pay all or a portion of the costs Of the Project. 2. Undertakings on the Part of the Issuer. Subject to the conditions above stated, the Issuer hereby agrees as follows: (a) That it will authorize the issuance and sale of one or more issues of the Bonds in one or more series in an amount not to exceed a combined aggregate principal amount of $9,000,000, pursuant to its lawful and constitutional authority, as then in effect; provided, that the Issuer may cause another municipality to issue the Bonds on its behalf. Co) That it will enter into a loan agreement, lease agreement or other financing agreement with the Company or its designee, whereby the Company or its designee will pay to, or on behalf of, the Issuer such sums as shall be sufficient to pay when due the principal of and interest and redemption premium, if any, on the Bonds as and when the same shall become due and payable. (c) That it will take such further action and adopt such further proceedings as may be required to implement the aforesaid undertakings or as it may deem appropriate in pursuance thereof. 3. Undertakings on the Part of the Company. Subject to the conditions above stated, the Company hereby agrees as follows: (a) That it will use all reasonable efforts to find one or more purchasers for the total amount of Bonds of each issue prior to requesting any further approval by the Issuer for such issue. Co) That contemporaneously with the delivery of the Bonds it, or its designee, will enter into a loan agreement, lease agreement or other financing agreement, with the Issuer, under the terms of which the Company or its designee will obligate itself to pay to or on behalf of the Issuer sams sufficient in the aggregate to pay the principal of and interest and redemption premium, if any, on the Bonds as and when the same shall become due and payable. The Company, or its designee, will also pay directly to the Issuer its reasonable fees and the reasonable fees and expenses of bond counsel in connection with the issuance of the Bonds. (c) That it will take such further action and adopt such further proceedings as may be required to implement the aforesaid undertakings or as it may deem appropriate in pursuance thereof. -2- 4. General Provisions. (a) All commitments of the Issuer under paragraph 2 hereof and of the Company under paragraph 3 hereof are subject to the conditions that on or before December 31, 2001 (or such other date as shall be mutually satisfactory to the Issuer and the Company), the Issuer and the Company shall have agreed to mutually acceptable terms and conditions of the loan agreement, lease agreement or other financing agreement referred to in paragraphs 2 and 3 above and of the Bonds and other instruments or proceedings relating to the Bonds. (b) If the events set forth in (a) of this paragraph do not take place within the time set forth or any extension thereof and the Bonds in an amount of approximately the amount stated above are not sold within such time, the Company agrees that it will reimburse the Issuer for all reasonable and necessary direct out-of-pocket expenses which the Issuer may incur at the request of the Company arising from the execution of this Agreement and the performance by the Issuer of its obligatiOns hereunder, and this Agreement shall thereupon terminate. · (c) The Company acknowledges that under the Code and Illinois law the allocation of authority to issue tax exempt private activity bonds during the term of this Agreement may be limited to an amount less than the proposed principal amount of the Bonds. The Issuer makes no representation or warranty that the Bonds will receive any necessary allocation of such authority to issue tax exempt private activity bonds, except as otherwise provided in the resolution authorizing the execution and delivery of this Agreement. (d) If, by reason of any limitation under the Code or for other cause, the Issuer is prevented from fulf'flling its undertakings hereunder in accordance with the intent of the parties hereto, then at the request of the Company or otherwise this Agreement shall be assigned with full substitution by the Issuer to the Illinois Development Finance Authority or other state or local agency having power to finance the Project and willing to accept such assignment, and upon such assignment all obligations of the Issuer heretmder shall terminate. -3- IN WITNESS WHEREOF, the parties hereto have entered into this agreement by their officers thereunto duly authorized as of the day of ,2000. VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS By President ATTF~T: Village Clerk URBAN MOUNT PROSPECT NORTH LIMITED PARTNERSHIP By General Partner -4- VILLAGE OF MOUNT PROSPECT FINANCE DEPARTMENT INTEROFFICE MEIvlORANDUIVl TO: VILLAGE MANAGER FROM: DIRECTOR OF FINANCE DATE: NOVEMBER 27, 2000 SUBJECT: 2001 PROPERTY AND LIABILITY INSURANCE PURPOSE: To present a recommendation to purchase property and liability insurance for the policy year beginning January 1, 2001 and ending December 31, 2001. BACKGROUND: The Village's current insurance policies for property and liability coverage are due to expire on January 1, 2001. DISCUSSION: Following is a summary of our expiring insurance program, the efforts undertaken to obtain renewal quotations, an analysis of the yanous proposals received and a sununary of the insurance package that we believe provides the most cost effective coverage. Expiring Program The Village's property was insured the past three years by St. Paul Insurance Company. Coverage included property, boiler, building and contents, and auto physical damage. The amount of coverage was set at $29,940,000. The per occurrence deductible was $25,000. The premium paid for the policy year ending December 31, 2000 was $22,273. The broker used for the coverage was Marsh USA. Liability insurance was provided by Royal Insurance Company for the past two years. Coverage included such risks as general liability, auto liability, employment praetieas liability, police professional liability and public officials liability. The Village is responsible for the first $250,000 of each cla'un. Royal Insurance then provides $750,000 of insurance coverage above $250,000. Liability claims in excess of $1 million are covered by the High-level Excess Liability Pool. The public officials coverage has an aggregate limit of $750,000. All other coverage has no aggregate limit. The Village paid $43,810 for this coverage for the year 2000. The broker used was Arthur J. Gallagher & Co. The Village purchased a stand-alone liability insurance policy to cover its paramedic/EMT activities. The insurer was Western World, which insured the Village for $1 million per occurrence, with no aggregate limit. The deductible is $250. The premium paid for the current year was $5,500. The broker was Hobbs Group. Excess workers compensation coverage was purchased from U.S. Fidelity and Guarantee, which insured the Village for claims in excess of $350,000. The aggregate limit is $1 million. The premium paid in 2000 was $22,563. The broker was Hobbs Group. Renewal Efforts The Village retained the services of Nugent Risk Management Services earlier this year to assist in the preparation of the Request for Proposals (RFP) and to review all submitted proposals. An RFP was distributed to three highly qualified brokers on August 31st. The brokers included Arthur J. Gallagher & Co., Marsh USA and Aon Risk Services. The brokers were provided detailed information about the Village and its activities. Some of the information provided included coverage requirements, financial information, inventories of property and vehicles, and loss runs. Proposals Received All proposals were due to be submitted by 3:00 p.m. on November 1st. All three brokers submitted a comprehensive proposal covering all lines of insurance that was being requested. Attached is a report from Nugent Risk Management Services that summarizes the proposals submitted by the three brokers. On Page 4 you can find two tables. Table 1 provides the premiums quotes by each broker for all lines of insurance. I concur with the observation of Mr. Nugent that the lowest fee quotation, that being the Arthur J. Gallagher proposal for $152,352, is not in the Village's best interest for two principal reasons. First, Arthur J. Gallagher is proposing two different companies for the general liability and public officials coverage. The reason they did so was that Royal Insurance Company refused to cover the Village for public officials risks. Royal is currently covering the Village and is dealing with the Romero class action lawsuit. The reason we want to avoid breaking out coverage between two insurers is that is would be too easy for the insurance companies to try and pass off coverage to the other company, leaving the Village in the middle. Another reason we do not believe the Arthur J. Gallagher proposal is acceptable as quoted is that the public official policy being quoted excludes employment-related discrimination. Table 2 on Page 4 presents different options if we take certain lines of coverage from different brokers to arrive at the most cost effective package. Option 1 provides for the lowest premium when mixing broker submittals, with the total premium being $153,050. However, I agree with Mr. Nugent in his assessment that the level of coverage is not as comprehensive as Option 2. As Mr. Nugent states in his Executive Summary, the liability and public official policy quoted by TIG specifically excludes racial profiling, and the employment practices liability would be on a claims-made basis, as opposed to being on an occurrence basis. Therefore, I recommend we go with Option 2 as presented in Table 2 on Page 4. The total premium will be $162,550. This is up significantly from the $94,146 we paid for coverage in 2000, but we knew there would be a significant increase. Not only do we have some large claims hitting our recent loss runs, but the insurance industry as a whole is no longer in a soft market. This is true in all lines of insurance, including property. hile it would have been ideal to work with one single broker for all lines of insurance for the year 2001, it ended up in the Village's best interest to break up the program between two brokers. This will provide the most comprehensive, cost-effective insurance program for the Village. The following table summarizes the policies being recommended. Coverage Insurer Broker Limits PremiUm I Property and Boiler Hartford Gallagher $35,395,000 limit $ 33,588 $25,000 deductible Paramedic/EMT Western World Gallagher $I million per occur. $ 5,682 $250 deductible Excess Workers Comp Safety National Gallagher $1 million aggregate $ 19,780 $350,000 deductible Broker Fee N/A Gallagher N/A : $ 8,000 Subtotal - Gallagher i $ 67~050 Liability/Public Officials Genesis Marsh USA $750,000 per occur. $ 87,000 $250,000 deductible Broker Fee N/A Marsh USA N/A $ 8~500 Subtotal - Marsh $ 95,500 Total $162,550 It should be pointed out that the insurance policies being recommended are very similar to the expiring policies with regard to coverage, exclusions, and limits. Due to the increased cost of construction and vehicles, the property limit is being increased to $35,795,000. The deductible will remain at $25,000. The liability and public officials coverage remains at $750,000 in excess of a $250,000 self-insured retention. There would be no aggregate limit on either the liability or public officials policy. The pammedic/EMT and excess workers compensation cOVerage would be identical to the expiring policies. All of the insurance companies being recommended are very sound financially and have an excellent claims payment history. They all have been rated A+8 or higher by A.M. Best, a recognized insurance company rating service. RECOMMENDATION: It is recommended the Village purchase property, EMT, excess workers compensation and boiler insurance from Arthur J. Gallagher and Co. in the amount of $67,050. It is recommended the Village purchase Liability and public officials insurance from Marsh USA, Inc. in the amount of $95,500. DOUGLAS R. ELLSWORTH, CPA ~\VI~VO I \USEP~DELLSWOR\I nsurance\Co rrespk2OOO',renewals~Boatd Memo,doc VILLAGE OF MOUNT PROSPECT 2001 INSURANCE RENEWAL PROPOSAL ANALYSIS NOVEMBER 21, 2000 PREPARED BY: MIKE NUGENT NUGENT RISK MANGEMENT SERVICES 2425 MAPLE AVENUE NORTHBROOK, IL 60062 EXECUTIVE SUMMARY Nugent Risk Management Services was hired by the Village of Mount Prospect to develop a request for proposal (RFP) for the Village's property and liability insurance program expiring January 1, 2001. Three insurance brokers were selected to offer the Village proposals. The details of the proposals are provided in this report. Royal Insurance Company, through Arthur J. Gallagher & Company currently provides liability coverage to the Village. This includes general liability, law enforcement liability, employment practices liability and public officials errors and omissions liability. Royal is unwilling to offer employment practices liability and public officials errors and omissions liability for the 2001 policy period. All other incumbent insurers have offered proposals with the same scope of coverage as being offered currently. We analyzed the proposals with the first goal being consolidation of brokers. Currently, the Village has three insurance brokers providing the necessary coverage. The lowest proposal from a single broker was received from Arthur J. Gallagher & Company (Table 1). Their liability program requires splitting the public officials errors and omissions liability coverage and all other liability coverages between two insurers. This option has deficient employment practices liability and public officials errors and omissions liability coverage. We do not recommend this proposal because it creates a potential for both insurers to deny claims that might be partially covered by each insurer. The next most competitive program from a single broker is from Aon. The Aon excess workers compensation proposal is $18,000 higher than the Gallagher excess workers compensation proposal (Table 1). The Marsh proposals are not cost competitive. Splitting the program between two brokers appears to be necessary. The number of providers will be reduced from three to two. Table 2 illustrates four possible combinations of programs. OPTION 1 Option 1 combines the Liability proposal from Marsh/TIG Insurance Company with all other lines from Arthur J. Gallagher & Company (Property & Boiler- Hartford; EMT - Western World; Excess Workers Compensation - Safety National). TIG Insurance Company will not cover racial profiling allegations and the employment practices liability coverage is proposed on a claims made form (occurrence form is preferred). These coverage deficiencies are material:' We" nb not recommend this option. 2 OPTION 2 Option 2 is similar to Option 1 with Genesis Insurance Company taking the place of TIG Insurance Company for all liability coverage. There are a few areas where Option 3 coverage is broader than this option, however we consider these areas not material. There are other areas where this option offers broader coverage than Option 3. We recommend this option because it offers the broadest coverage, is the lowest cost of the remaining options and utilizes the services of two brokers currently providing services to the Village. OPTION 3 Option 3 combines the property and liability proposal from Aon/Specialty National Insurance Company with the excess workers compensation and EMT coverage from Arthur J. Gallagher & Company ( excess workers compensation - Safety National Insurance Company; EMT coverage - Western World). This option is not cost competitive. OPTION 4 Option 4 replaces Hartford Insurance Company as the property insurer in Option 2 with St. Paul Insurance Company. This Option is shown because St Paul is the current property insurer. This option is not recommended because it is not cost competitive. CONCLUSION We believe it is in the best interest of the Village to select Option 2. 3 o .~.o_ 0 0 0 <~.~ 0 0 0 0 0 0 (D~ rO C) 0 d 0 o o ~..~ o o o o o iii .>_ .o -~~ ~ o ~ ~ o. ,.,-. - ~'8 r~rom Mt. Prospect Youth Commission Agenda December 6, 2000 Mt. Prospect Public Safety Building TOO 1. Call to Order I1. Roll Call 121t. Approval of Minutes IV. Business A. lnfbrmation tbr Schools B. Update Resource Catalog C. Sign up fbr Coffee with Council D. Formation of Publicity Committee E. Youth View F. Christmas Service Projects G. Thank you letter to Sheila McCarthy V. Any Other Business Vi. Adjounmaent It is the general expectation or'the Mount Prospect Youth Commission that all members attend every meeting. If you are unable to attend, please contact either Nicole at 758- 9680 or Julie or Laura at 870-0327 by the Friday prior to the meeting. Upcoming Meetings are scheduled tbr: *January 3, 200t February 7, 2001 March 7, 2001 *Date can be discussed on December 6t~ meeting. MINUTES OF THE MOUNT PROSPECT YOUTH COMMISSION MOUNT PROSPECT PUBLIC SAFETY BUILDING WEDNESDAY, 1 NOVEMBER 00 7:00 P.M. PRESENT: NICOLE BYRNE, CHAIRMAN JULIE HIGGINSON, CO-CHAIRMAN LAURA HIGGINSON, CO-CHAIRMAN BRENT BUSSE KlM UNGER NA GILLIGAN NA LOHRSTORFER A/A NAGEL NA SCHEIN A/A WALPOLE ABSENT: PATRICK FRANK JAMES RUETSCHE NA BUSSE GUEST: STEVE DUDUKA JERMAYNE ANGELES CALL TO ORDER THE MEETING WAS CALLED TO ORDER BY CHAIRMAN NICOLE BYRNE AT 7:16 P.M. IN THE FIRST FLOOR CONFERENCE ROOM OF THE PUBLIC SAFETY BUILDING, MOUNT PROSPECT, ILLINOIS ROLL CALL CINDY RUMORE READ ROLL CALL. APPROVAL OF MINUTES DUE TO ATTENDANCE THERE WAS NO QUORUM AND THE MINUTES WERE NOT APPROVED. NEW BUSINESS NEW MEMBERS A DISCUSSION WAS HELD ON DISTRIBUTING FLYERS PROMOTING THE YOUTH COMMISSION IN THE LOCAL AREA JUNIOR AND HIGH SCHOOLS. MEMBERS WERE TO CONTACT THE LOCAL PUBLIC AND PAROCHIAL SCHOOLS REGARDING THE POSTING OF THE FLYERS IN THE SCHOOLS AND MAKING ANNOUNCEMENTS ENCOURAGING YOUTH TO JOIN. INTERESTED YOUTH HAVE TO BE A MOUNT PROSPECT RESIDENT AND BE BETWEEN THE AGES OF 12-21 YEARS OF AGE. JAYCEES (FORMERLY T.A.P.P.'S) BEST PIZZA CONTEST THE JAYCEES ARE WILLING TO HELP WITH THE PIZZA CONTEST AND HAVE OFFERED TO SPLIT THE PROCEEDS WITH THE YOUTH COMMISSION. THE CONTEST WILL TAKE APPROXIMATELY 3-4 MONTHS TO ARRANGE WITH AN APPROXIMATE DATE IN FEBRUARY OR MARCH. PARTICIPANTS WILL INCLUDE ALL THE PIZZA RESTAURANTS IN MOUNT PROSPECT. 10 MEMBERS OF THE YOUTH COMMISSION WILL BE NEEDED ON THE DAY OF THE CONTEST. ATTENDANCE RULES RE-APPOINTMENTS OF THE CURRENT ACTIVE MEMBERS OF THE YOUTH COMMISSION WERE TO BE MADE AT THE BOARD MEETING ON TUESDAY, NOVEMBER 7, 2000. DUE TO THE LOSS OF SOME OF THE YOUTH COMMISSION MEMBERS, DISCUSSION OF RULES REGARDING ATTENDANCE HAS BEEN STARTED. THE QUESTION WAS RAISED WHETHER THE RULES SHOULD BE STATED IN THE GUIDELINES OR IN THE ORDINANCE. THE COMMISSION NEEDS TO DRAFT A FORMAL REQUEST AND SUBMIT IT TO THE VILLAGE BOARD IF IT IS TO BE PLACED IN THE ORDINANCE TO REFLECT A PROVISION FOR ATTENDANCE FOR THE YOUTH COMMISSION. BASIC GUIDELINES FOR YOUTH COMMISSION ATTENDANCE RULES: · THE YOUTH COMMISSION MEETS 12 TIMES A YEAR, ONCE EACH MONTH. MEMBERS CANNOT MISS TWO UNEXCUSED MEETINGS IN A ROW AND MUST ATTEND 7 OUT OF THE 12 MEETINGS, EXCUSED OR UNEXCUSED, FOR THE YEAR. VIOLATION COULD RESULT IN NO RE-APPOINTMENT FOR THE NEXT YEAR. · A MEMBER MUST PHONE THE CHAIRMAN OR CO-CHAIRMANS 5 DAYS PRIOR TO THE NEXT MEETING IF UNABLE TO ATTEND THE MEETING UNLESS OF AN ILLNESS. EXCUSED STATUS WILL BE AT THE DISCRETION OF THE CHAIRMAN OR CO-CHAIRMAN. · ATTENDANCE REQUIREMENTS BE PLACED ON THE YOUTH COMMISSION APPLICATION SO APPLICANT IS AWARE OF WHAT IS REQUIRED. NEED TO FIND OUT IF THIS CAN BE PUT IN THE ORDINANCE OR JUST BE A GUIDELINE FOR THE COMMISSION. · AGENDA AND MINUTES SHOULD BE DISTRIBUTED ON THE FRIDAY BEFORE THE SCHEDULED MEETING, THIS WILL GIVE MEMBERS ADEQUATE TIME TO PREPARE AND IF A MEETING WILL NEED TO BE CANCELLED IT WILL BE WITHIN THE GUIDELINES. CHAIRMAN AND CO-CHAIRMAN'S NAMES AND PHONES NUMBERS TO APPEAR ON THE AGENDA FOR CONTACT INFORMATION. A/A LOHRSTORFER TO REVIEW REQUIREMENTS NEEDED FOR A QUORUM AND TO GET CLARIFICATION FOR ORDINANCE WORDING~ COFFEE WITH. COUNCIL CHAIRMAN NICOLE BYRNE ENCOURAGED ALL MEMBERS TO ATTEND A COFFEE WITH COUNCIL EVENT. GOOD OPPORTUNITY FOR THE YOUTH COMMISSION MEMBERS TO MEET AND TALK TO OTHER VILLAGE BOARD MEMBERS AND DEPARTMENT HEADS. THE NEXT TWO COFFEE WITH COUNCIL MEETINGS ARE ON SATURDAY, DECEMBER 9, 2000 AT THE VILLAGE HALL, 100 SOUTH EMERSON STREET FROM 9:00 - 11:00 A.M. AND SATURDAY, JANUARY 13, 2000 AT VILLAGE HALL FROM 9:00 - 10:15 A.M. AND AT FAIRVIEW ELEMENTARY SCHOOL, 300 NORTH FAIRVIEW AVENUE, FROM 10:30 - t2:00 P.M. AJA GILLIGAN SUGGESTED COFFEE WITH COUNCIL DATES PERMANENTLY BE KEPT ON FUTURE AGENDAS. WELCOME SPEAKER INVESTIGATOR KlM NAGEL SPOKE ABOUT THE $7,000.00 GRANT RECEIVED FROM THE ILLINOIS LIQUOR CONTROL COMMISSION TO BE USED FOR COMPLIANCE CHECKS ON MOUNT PROSPECT BUSINESSES THAT SELL TOBACCO PRODUCTS. THE TOBACCO STING OPERATION WOULD BE CONDUCTED ON THE 58 BUSINESSES LICENSED TO SELL TOBACCO PRODUCTS DURING THE MONTHS OF DECEMBER, FEBRUARY AND MAY. THE GOAL OF THE PROGRAM IS FOR 100% COMPLIANCE IN THE VILLAGE. OLD BUSINESS COMMUNITY CENTER YOUTH COMMISSION MUST LET THE VILLAGE BOARD KNOW OF THEIR INTERESTS IN A COMMUNITY CENTER. ATTEND A COFFEE WITH COUNCIL AND TALK TO A VILLAGE BOARD MEMBER. ENCOURAGE FRIENDS AND YOUTH FROM THE COMMUNITY TO TAKE AN ACTIVE PART. A/A GILLIGAN TO INQUIRE INFORMATION ON PALATINE'S COMBINED YOUTH AND SENIOR CENTER. A/A WALPOLE TO CHECK ON OTHER AREA COMMUNITY CENTERS. BoX~NOOD BASH NICOLE BYRNE, STEVE DUDUKA, KlM UNGER AND A/A WAPOLE ATTENDED AND RECEIVED 3 COMPLETED APPLICATIONS. SURVEYS WILL BE TALLIED FOR DECEMBER'S MEETING, BRENT BUSSE TO CONTACT PATRICK FRANK TO OBTAIN THE YOUTH COMMISSION LATEST, UPDATED DRAFT FOR MAURA JANDRIS TO RAVE PRINTED. WELCOME TO MOUNT PROSPECT DAY NICOLE BYRNE, JULIE AND LAURA HIGGINSON, A/A SCHEIN, A/A GILLIGAN ATTENDED THE FAIR. IT WAS GREAT EXPOSURE FOR THE YOUTH COMMISSION WITH ALL THE VARIOUS MOUNT PROSPECT ORGANIZATIONS. APPLICATIONS WERE AVAILABLE AND SOME WERE GIVEN OUT. THIS EVENT HAPPENS TWICE A YEAR AND THE NEXT EVENT IS SCHEDULED FOR APRIL 28, 2001. EVERYONE AGREED TO PARTICIPATE IN THE NEXT EVENT. FORMATION OF COMMITTEES UNABLE TO FORM ANY COMMITTEES AT THIS TIME. NEW MEMBERS WILL BE AT THE DECEMBER MEETING. MEMBERS ARE ENCOURAGED TO INVITE FRIENDS. FUTURE PROJECTS NEXT YOUTH COMMISSION MEETING: WEDNESDAY, JANUARY 3, 2001 AJA WALPOLE TO CONTACT ROD McKENZIE, YOUTH IN CHRIST, AND INVITE HIM AND HIS GROUP TO THE JANUARY MEETING TO SHOW THEIR BOUNDARY WATERS SLIDE PRESENTATION. MOUNT PROSPECT WINTER FESTIVAL PARADE ON DECEMBER 9, 2000. (SEE ATTACHED FLYER) POSSIBLE YOUTH COMMISSION PARTICIPATION CARRYING THEIR BANNER. YOUTH COMMISSION POLO T-SHIRTS HAVE NOT BEEN SHIPPED AS OF NOVEMBER 29, 2000. SHEILA McCARTHY WILL ADVISE WHEN SHIPMENT IS RECEIVED. A/A WALPOLE SHARED ARLINGTON HEIGHTS TEEN CENTER ACTIVITY SHEET PUBLISHED FOUR TIMES A YEAR. AJA GILLIGAN YOUTH COMMISSION BROCHURES NEED TO BE RE-DONE. A/A GILLIGAN MOUNT PROSPECT JOURNAL HAS A SECTION FOR ORGANIZATIONS TO PUBLISH INFORMATION ABOUT THEIR GROUP AND CONTACT INFORMATION. A/A GILLIGAN TO CONTACT THE JOURNAL AND PROVIDE THEM WITH YOUTH COMMISSION INFORMATION. MOTION TO ADJOURN A MOTION COULD NOT BE MADE DUE TO THE LACK OF A QUORUM. MEETING ADJOURNED 8:56 P.M. /cr Mt. Prospect Youth Commission Wants your ideas!!! · This is a group RUN BY youth and FOR youth · Change things in your community · Meet new people · Get involved!!! If you are interested or just want more information call: President, Nicole Byme ~ (847) 758-9680 Or Vice-Presidents, Julie & Laura Higginson ~ (847) 870-0327 www. mountprospect, org November/December 2000 E-Commerce and What it Means to Join us for the Winter Festival Parade - the Residents of Mount Prospect A New Tradition in Mount Prospect E-Commerce is taking off. More and more people are ~ It's time for a new holiday tradition in Mount purchasing things on the lntemet for the convenience that it ~ Prospect. Saturday December 9 will mark the debut provides them. However, sales tax is not currently applied to ~~ of the Mount Prospect Winter Festival Parade. The purchaSes made on the Intemet. Five years ago, Congress ~ parade will kick off at 5:00 plm. from the Maple decided to impose a sales tax moratorium on Intemet sales in ~-~lh~ Street commuter parking lot, proceed down order to allow the new medium to grow. The U.S. Senate is ~ Lincoln Ave. to Emerson St. and will follow along currently considering extending this moratorium for an ~i~--.~ down Prospect Avenue, ending at the comer of additional five years. ~'~[ Prospect Ave. and Elmhurst Aye. The parade will " feature marching bands, floats, cho/al groups and the guest of honor, Santa Claus. Refreshments Will b$ served before, during, and after the parade including hot cider, hot cocoa, cookies and more. Choral groups will be stationed along the parade route to add to the holiday spirit. The Mount Prospect Chamber of Commerce is working on getCng .... > "----"--"~ businesses involved in the:event.~ Several have alread~7~gned:~.s sponsors of the event ]ncluthng Mxd-C~ty Nauonal Bank,.Rouse2.'~..: Randhurst Corporafion;'Mrsi P & Me, Mount ProsPect National and Mobile Print. The Chamber will be holding :a ~!'Best Dressed, Window compeUUon for the downtown busxness with the bi,st holldas~:r,< decorations. Any business'mteresfed xn participanng s~hou~d .~ontact Madellne Franklin, Executive Director of the Mount Pr ~s-t~ ClX. ~a~r at 847/398-6616. What does this mean to the residents of Mount Prospect? Over time, a sales tax moratorium on Intemet sales could have a The Mouniprospect Special Events Commission decided this year to detrimental effect on local retailers and by association, state hold the Parade in place of the "Sounds of the Season" choral concert and local governments' budgets that rely on sales t,~xes collected that had taken place in past yearS i; "We thought it was time to try from those local retailers. If local businesses suffered due to e- something different. It is our hop6 to get even more residents and commerce, the V'fll%e s budget would feel the effects. Currently, businesses involved in the Winter Festival Parade activities and make nearly 10% of the Village's revenue comes from sales tax. A it a real community evant,'~ said Leo Floros, co-chair of the Village~s sigu/ficant decline in those revenues would cause the Village to Special Events Commigsion :: ':: ' either; 1 ) Cut services or; 2) Raise property taxes or other revenue ' ;' .~ ~''':''' "" ~ ' sources to maintain the level of services that our residents have The Special Events Commission i~:iooking for interested participants come to expect. - organizations, businesses and singing ~roups to join in the celebration. For more information, please contact Maura Jandris at 392-6000. It is anticipated that Interact retail sales will quadruple in the next five years. The Federal . Government estimates that between $800 In thiS Issue....,.. ' "511 ~i:. million to $3.5 billion dollars a year are lost ' : . V-fllagelnformation&Ph0neNumbers .:5.....2 .: : ~ ':! ':.} ~.. bystatesandlocalcommunifieshecauseretull ' New~Brie~si&Ann°imc'ements:'iz"'~"2~"~'25 : COming Soon 'to a dOWntown sales are not equitably taxed on the Internet. Upcoming Daies ....................... :..,..~,2;..::....4- (continued - see E, COMMERCE on Page 5) Cable Views .,~....,2......:....;.....~.:........~ ........... 7 bu$1rl~ss rl~llP ~OU :::,se~'~e~,~,,22~.i.;:...:.......::::.::~i~.~;..~..~.~t4 ' ;~ 8~ ON THE[ · ~,~N~.:2::~.:'. .............. 2..:~.i,i':~:,~:..~ ':.- LOOKOUT FOR THE.. '[iCkCt: OrderF°rm':.;.'I6 ......... ::':; SANTA HATSt 'Y; ': MAYOR ~ VILLAGE MANAGER Gerald L. Farley ~ Michael E. Janonis TRUSTEES VILLAGE CLERK Timothy J. Corcoran Ho fe Village of Mount Prospect R/chard M. Lohrstorfer ~m~o. ~ Community Development Department ~ao~: 847/392-6000 Michaele W. Skowron Fax: 847/392-6022 Irvana K. Wilks 100 South Emerson Street Mount Prospect, Illinois 60056 fPP: 847/392-6064 AGENDA MOUNT PROSPECT PLAN COMMISSION MEETING LOCATION: MEETING DATE & TIME: 2nd Floor Conference Room Wednesday Village Hall December 6, 2000 100 South Emerson Street 7:00 p.m. Mount Prospect, IL 60056 I. CALL TO ORDER II. RoLL CALL III. APPROVAL OF MINUTES A. July 19, 2000 IV. SUBDIVISIONS None V. OLD BUSINESS None VI. NEW BUS1NESS A. PC-08-2000/CIB Bank's db Drive Resubdivision (500 db Drive) Plat of resubdivision to create a two-lot subdivision. B. PC-09-2000/Brentwood Square Consolidation (1750 E. Kensington) Plat of resubdivision to create a one-lot subdivision. VII. COMMENTS/OTHER BUSINESS VIII. ADJOURNMENT Any individual who would like to attend this meeting, but because of a disability needs some accommodation to participate, should contact the Community Development Department at 100 S. Emerson, Mount Prospect, IL 60056, 84%392-6000, Ext. 5328, TDD #847-392-6064. MINUTES OF THE REGULAR MEETING OF THE MOUNT PROSPECT PLAN COMMISSION July 19, 2000 CALL TO ORDER: The regular meeting of the Mount Prospect Plan Commission was called to order by Chairman Michael Zadel at 7:05 p.m. at the Village Hall, 100 South Emerson Street, Mount Prospect, Illinois. ROLL CALL: Present upon Roll Call: Michael Zade[ Chairman Matt Sledz Gary Grouwinkel Carol Tortorello Edwin Janus (7:lip.re.) Absent: Antoinette Astreides Edwin Ianus Village Staff Present: Misty Das, Planner Judy Connolly AICP, Planner Others in Attendance: Chris Clair-Daily Herald Jennie Korb-Pioneer Press April Foley-Mentor Program Nancy Cony-Summer Adventure Program Diane Kovack-Clayground Inc: Linnea Pioro-Camp Fire Boys and Girls Famh Mohiuddm-Boy Scouts Dave Trehey-Boy Scouts Alan Brostoff-Boy Scouts Jere Teed-CEDA Northwest Ron $ordan-CEDA Northwest Sharon Anderson-Club Rec Plex Mark Parr-Children's Advocacy Center APPROVAL OF MINUTES: Chairman Zadel opened the meeting at 7:05 p.m. and asked if there were any questions or revisions. Chairman Zadel pointed out that the date of June 22 on the minutes was incorrect and should be revised to June 21. Chairman Zadel entertained a motion to approve the minutes with revisions. Carol Tortorello moved to approve the corrected minutes and Matt Sledz seconded the motion. The motion was approved SUBDIVISIONS: NONE OLD BUSINESS: NONE MOUNT PROSPECT PLAN COMMISSION Page 2 Minutes from the July 19, 2000 meeting NEW BUSINESS: Discussion of 2001 Preliminary Fnndin? Recommendations and 2001 Action Plan Chairman Zadel opened the Public Hearing at 7:10 p.m. and said that Plan Commission members would discuss the 2001 preliminary recommendations and then would open the discussion to the floor for comments and questions. Chairman Zadel asked Misty Das, Planner to explain the nature of the carry over funds listed in the recommendation. Ms. Das explained that the funds in the Village's CDBG pool were available from previous year's grant allocations because the Village is required to spend the program income collected from its Single Family Rehab Program before spending any year's CDBG allocation. She also said that the carry over funds could not be used for public services due to the 15% cap put on public service funding during the program year. Chairman Zadel asked for questions about the recommendations for low/moderate/income projects. Ed Janus wanted clarification about CEDA's sprinkler project and Ms. Das clarified that it was to meet Village fire codes. Carol Tortorello asked about the spaces where no number exists for the streetlight project funding and if this meant that funding was $0. Ms. Das clarified that it did mean $0. Chairman Zadel asked for any further questions or comments about the low/moderate-income project draft recommendations and then moved on to the public service draft recommendations. Ed Janus asked for confirmation of Access to Care's services to Mount Prospect residents. Ms. Das explained that based on monthly reports, Access to Care services Mount Prospect residents even beyond Village CDBG funds due to the rapid use of its entire Village allocation. Gary Grouwinkel asked what the method of confirming the number of Mount Prospect residents served in each program was. Ms. Das said they submit paperwork documenting the number of clients served including the actual attendance sheets for youth programs. Chairman Zadel asked for any other comments from Plan Commission members and then opened the discussion to the floor. Linnea Pioro, representative from Camp Fire discussed her Camp Kool program and how youth and other residents were happy with the program. She also said that without funding for the New Horizons Program, it would be difficult to administer it in the Village. Ed Janus said that the Village was committed to Priority 5-Youth Support and Growth of the Consolidated Plan, which is reflected in the dra~ recommendations. Alan Brostoff, representative from the Boy Scouts introduced Farah Mohiuddm, Director of cultural affairs. Ms. Mohiuddm spoke about a one-week co-ed summer camp that she would like to start in the Boxwood area of Mount Prospect, however additional funding would be needed to do this. One day of the camp would focus on job shadowing. Matt Sledz asked if the Village's Mentor Program serves the same youth served by other programs. Ms. Das said the south side of Mount Prospect may have overlap, but the drat% recommendations reflect the allocation of funding in an effective manner. Ed Janus commented that the Learning for Life program reaches older children and prepares them for the reality of life. April Foley and Nancy Corry spoke about the Mentor Program and Summer Adventure Program. Diane Kovack, representative from Clayground, talked about building self-esteem in children whether it is through arts and crafts is also very important for life. Ed Janus asked how Club Rec Plex utilizes Village CDBG funds. Sharon Anderson from Club Rec Plex said that the funding was used for recreational equipment for the youth in the program. Alan Brostoff suggested that a graph be prepared to show how many youths are served in. each program. April Foley said in some cases the "units of service" that an agency provides is not always about the numbers of clients served. There are long term measurements that can apply and the quality of the service matters immensely. Chairman Zadel added that numbers are not the only thing that Plan Commission looks at OUNT PRospEcT PLAN COMMISSION Page 3 Minutes from the July 19, 2000 meeting when making funding decisions and that the information that Mr. Brostoff spoke of was readily available in monitoring reports and other documents. Chairman Zadel asked for any other comments from Plan Commission and the floor. He then closed the Public Hearing at 7:52 p.m. He entertained a motion for approval the 2001 CDBG recommendation and 2001 Action Plan to be forwarded to the Village Board. Ed Janus asked if there was a possibility that funding above what was budgeted for 2001 would be received. Ms. Das said that there was a possibility, and in the event that happened, the 15% cap for public service could be amended to reflect this funding by amending the 200l Action Plan. Carol Tortorello moved to concur with Staft~s funding recommendations. Ed Janus seconded the motion and the motion was carried 5-0 for the 2001 Action Plan with approved funding recommendations to go to the Village Board for formal action. COMMENTS AND OTHER BUSINESS: Chairman Zadel requested that monthly s~atus reports from CDBG sub-recipients be forwarded to Plan Commission monthly. CDBG programs that were new or had not been monitored were designated to the Plan Commission sub-committee members for monitoring. Carol Tortorello added CEDA Northwest and the Children's Advocacy Center to monitor. Tonic Astredies was assigned the Summer Adventure Program for monitoring. Carol Tortorello mentioned that Diane Kovack was having a ribbon cutting for the opening oftbe Clayground Creative Center and invited Plan Commission members to attend. Gary Grouwinkel moved to adjourn the meeting and Carol Tortorello seconded the motion. The motion carried 5-0 and the meeting was adjourned at 8:20 p,m. J~d'y C~'n~{o~ly(/A~I'CP, S-en-io'r Pl'an~er \\VFF. V02\DEPTkCOMDEV~GENkPLNG\CDBG\PC Memos'duly 19minutes.doc VILLAGE OF MOUNT PROSPECT FINANCE COMMISSION CANCELLATION NOTICE THE FINANCE COMMISSION MEETINGS SCHEDULED FOR DECEMBER 7 AND DECEMBER 28, 2000 HAVE BEEN CANCELLED