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HomeMy WebLinkAbout07/13/2010 COW agenda v Maness q '{I� COMMITTEE OF THE WHOLE AGENDA Meeting Location: Meeting Date and Time: Mount Prospect Village Hall Tuesday, July 13, 2010 50 South Emerson Street 7:00 p.m. CALL TO ORDER- ROLL CALL Mayor lrvana K. Wilks Trustee Paul Hoefert Trustee Arlene Juracek Trustee John Korn Trustee John Matuszak Trustee Steven Polit Trustee Michael Zadel II. ACCEPTANCE OF MINUTESOF THE COMMITTEE OF THE WHOLE MEETING OF MAY 11, 2010 ACCEPTANCE OF MINUTES OF THE COMMITTEE OF THE WHOLE MEETING OF JUNE 8, 2010 III. CITIZENS TO BE HEARD IV. 2011 -2015 CAPITAL IMPROVEMENTS PLAN In 1997, the Village Board formally adopted its first comprehensive 5 -year Capital Improvements Plan (CIP). In previous years, the Village used a number of separate documents in its capital projects planning. While each of these documents was useful in its own right, none offered an overall picture of the Village's capital needs. The establishment of a formal 5 -year Capital Improvements Plan (CIP) provides a comprehensive view of the Village's capital needs for consecutive rolling five -year windows. The proposed 2011 -2015 CIP is generally comprised of projects that involve the purchase or construction of long - lived, tangible assets at a cost of $25,000 or more. The total cost of all requests for all years included in the plan is approximately $54.1 million. Many of the requests in the plan are simply continuations of established projects. Others are projects not currently in progress but have been discussed by the Village Board on previous occasions. Some requests are being presented for the first time through the CIP. Given that the CIP is intended to afford a comprehensive view of the Village's capital needs, it is fitting that all of these project requests be included in the proposed plan. Of the $54.1 million of project requests included in the proposed CIP, $40.4 million, or 74.6 %, is for the continuation of established projects including approximately $17.8 million for street resurfacing. A project's inclusion in the CIP does not guarantee its funding and accomplishment. The CIP is a planning document. As such, it is subject to change. The CIP is reviewed and updated on an annual basis. The next CIP will cover the years 2012 through 2016. 1 2011 project requests included in the proposed CIP amount to $6.7 million. This is a decrease of $1.1 million from first -year projects in the 2010 -2014 CIP. First -year projects in 2011 include the ongoing street program, improvements to the water and sewer system infrastructure, flood control projects, and tree replacement program. In 2011, the Street Improvement Program accounts for $2.1 million and Combined Sewer Improvements account for $1.0 million of the first year total. Of the total projects proposed for 2011, $5.3 million (approximately 79 %) is for the continuation of established projects including $2.4 million for the water /sewer program. The proposed 2011 -2015 CIP was distributed on June 11, 2010 to the Finance Commission and the Village Board. The Finance Commission held a meeting on June 24, 2010 to review the proposed document. Once the Committee of the Whole completes its review of the proposed 2011 -2015 CIP, it will be presented to the Village Board for formal acceptance on July 20, 2010. Staff will make a presentation on the projects included in the five -year plan and will be on hand to answer questions and facilitate discussion. V. Results of Request for Proposal for Fixed Asset Appraisal Services In June, the Village solicited a Request for Proposal (RFP) for an appraisal of its fixed asset inventory. The objective of the appraisal is to establish an accurate asset inventory and to place values on the various village assets for financial reporting and insurance purposes. A total of five firms responded to the solicitation, two were invited to make a presentation in person. The finalists were rated based on their responses to the questions in the RFP and the in- person interview. Staff will present its recommendation for the selected vendor. Total cost of the appraisal project will fall below $20,000. Per the Village's Purchasing Policy, the Village Manager's has authority to approve contracts up to this amount. Staff will make a presentation on the results of the RFP and will be on hand to answer questions and facilitate discussion. VI. MANAGER'S REPORT • Status VII. ANY OTHER BUSINESS VIII. ADJOURNMENT CLOSED SESSION LITIGATION 5 ILCS 120/2 (c) (11) - Litigation, when an action against, affecting or on behalf of the particular public body has been filed and is pending before a court or administrative tribunal, or when the public body finds that an action is probable or imminent, in which case the basis for the finding shall be recorded and entered into the minutes of the cbsed meeting. NOTE: ANY INDIVIDUAL WHO WOULD LIKE TO ATTEND THIS MEETING BUT BECAUSE OFA DISABILITY NEEDS SOME ACCOMMODATION TO PARTICIPATE, SHOULD CONTACT THE VILLAGE MANAGER'S OFFICE AT 50 SOUTH EMERSON, MOUNT PROSPECT, ILLINOIS 60056, 847/3926000, EXTENSION 5327, TDD #847/392 2