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HomeMy WebLinkAbout05/08/1979 VB minutes MINUTES OF THE SPECIAL MEETING OF THE MAYOR A-ND BOARD OF TRUSTEES May 8, 1979 CALL TO ORDER Mayor Krause called the meeting to order at 8:05 P .M. INVOCATION The invocation was given by Trustee Farley. ROLL CALL Present upon roll call: Mayor Krause Trustees Farley Floros Mfllar Murauskis Wattenberg AbSent: Trustee Richardson The Village Board reviewed the Firmnce Commission's report relative to the proposed participation in the Intergovernmental Risk Management Agency (IRMA). The Finance Commission had recommended that the Village Board authorize membership in the Intergovernmental Risk Management Agency; to establish a reserve account to cover the possibility of premium increases due to the loss experience of IRMA; and to initiate a comprehensive loss prevention program in concert with the adminstration of IRMA. The report also brought up areas of concern, such as the fact that IRMA is a relatively new concept; the forms and amounts of coverage; and the fact that the Village of Mount Prospect ~ although one of the larger contributors, would only have one vote in setting policies. The V~!~ge Board considered these recommendations and discussed the various areas of concern. Mr. Jim Gault of Gallagher and Company, Mr. Bill Radtke, of Radtke Insurance, .Finance Director Jesse, and Assistant Manager Geick responded by various questions. Trustee FloroS, seconded by Trustee Murauskis, moved to waive the rule requiring two readings of an ordinance (authorizing participation in IRMA) Upon roll call: Ayes: Farley Floros 'Miller Murauskis Krause Nays: Wattenbarg Motion carried. Trustee Flor°s, seconded by Trustee Miller, moved for passage of Ordinance NO. 2908 AN ORDINANCE AUTHORIZING MEMBERSHIP IN THE INTERGOVERNMENTAL RISK MANAGEMENT AGENCY Upon roll call: Ayes: Farley Floros Miller Murauskis Krause Nays: Wattenberg Motion carried. Trustee Farley, seconded by Trustee Floros, moved to designate the V~!age Manager as the delegate to represent the Village of Mount Prospect, and the Assistant Village Manager to be the alternate delegate, to the Intergovernmental Risk Management Agency. Upon roll call: Ayes: Farley Floros Miller Murauskis Wattenberg Krause Nays: None Motion carried. Trustee Murauskis, seconded by Trustee Floros, moved to authorize the disbursement of $109,743 for the first years contribution to the Intergovernmental Risk Management Agency, which expenditure would cover membership through December 31, 1979. Upon roll call: Ayes: Farley Floros Miller Murauskis Krause Nays: Wattenberg Motion carried. Mayor Krause then asked the representative of Gallagher and Company, Jim Gault, to explain the withdrawl of a bid submitted and accepted by the Village Board relative to Bonds, in the amount of $750.00. Mr. Gault noted he would discuss the matter with Gallgher and Company after which he would be in contact with the Village Manager to discuss the matter. Mayor Krause adjourned the meeting into Executive Session at 9:35 P.M. for the purpose of discussing land acquisition. The meeting was reconvened at 10:50 P.M. Present upon roll call: Mayor Krause Trustees Farley Floros Miller Murauskis Wattenberg Absent: Trustee Richsrdson Trustee Floros, s~conded by Trustee Farley, moved to adjourn the meeting. Upon roll call: Ayes: Unanimous Motion carried. The meeting was adjourned at10: 55 P.M. ~ ~~~._~ Donald W. Goodman Village Clerk