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HomeMy WebLinkAbout02/17/1959 VB minutes MINUTES OF A REGULAR MEETING OF THE PRESIDENT AND BOARD OF TRUSTEES HELD IN THE MUNICIPAL BUILDING, VILLAGE OF MOUNT PROSPECT, TUESDAY, FEBRUARY 17, 1959 ~-~ The meeting was called to order at 8:09 P.M. by President Lams. Upon roll call by Village Clerk Reynolds, the following roll call Trustees answered present: Trustees Airey, Broad, Norris, Schlaver and Will~r. Absent: Trustee Casterline. All trustees having previously received copies of the minutes minutes of February 10th, Trustee Airey, seconded by Trustee Norris, moved that the minutes be approved as submitted. The President put the question and the Clerk called the roll, with the following response: Ayes: Trustees Airey, Broad, Norris and Schlaver. Trustee Wil~er passed because of absence on that date. Nays, none. Whereupon the President declared the motion carried. A discussion was held regarding the village streets and ~ the need for repairs in the spring. Mention was made of the Street paving %0 possibility of putting up a snow fence opposite the 500 block on Central ~ Forest next year. Paving of Central Road was brought up, where- ~ upon Trustee Wilier made the foIbwing motion: ~ ~that the ViL~ge Manager be directed to send a letter to the County Highway Department asking that, with the approval of the County Board, Central Road be improved as soon as possible". Trustee Schlaver seconded this motion, and it was carried by acclamation. Trustee Schlaver brought up the subject of the Fire Bond Referendum and the sale of said bonds, then read the following letter of opinion from Village Attorney Downing: Fire Bonds FebruaTy 16, 1959 Disbursement Mr. H. G. Appleby Village of Mt. Prospect Dear Harold: Reference is made to your inquiry as to whether or not fnnds from the waser account might be used in connection with the issuance of the $75,000 Obligation Bonds to be issued by the Village. You have made available to us Ordinance No. 435, a water bond revenue ordinance. By virtue of this ordinance, all of the revenues from ar~ source whatever der~ved from the operation of the waterworks shall be set aside as collected and deposited in a separate fund. The various'funds are designated within the lar~uage of the ordinance. Section (e) of the Ordinance provides that after various accounts have been credited, all moneys remaining in the water fund may be divided 50% to the Bond Redemption Account and 50% to a Surplus Account. An additional amount may be credited to the Bond Redemption Account and a corresponding reduction from the Surplus Account if it is so desired. The amounts credited to the Surplus Account may be used or accumulated for the repair, improvements and enlargement or extension of the waterworks system or for an~ oth~.r, proper corporate purpose. February 17, 1959 The amounts set aside in the other accounts required to be kept pursuant to this ordinance may be invested from time to time "in direct obligations of the United States Government ~at~ning in not more than ten years after the purchase date thereof, and be sold from time to time pursuant to resolution of the President and Board of Trustees as funds may be needed for the purpose for which the accounts have been created". It would appear if funds are available in the Surplus Account it -- would be a corporate purpose to use said funds for the purchase of the $75,000 Fire Fighting Equipment Bonds - assuming such money is available. Balances existing in the other accounts are restricted by Section 8 (f) and m~y be invested only in direct obligations of the United States Government. That Section does not authorize the use of such b~iances for purchase of any part of the $75,0000 Bonds. The foregoing opinion is based upon Ordinance No. 435 and it is assumed that no subsequent ordinance modifies the provisions set out therein. We are returning herewith the copy of said ordinance. Sincerely, S/ Robert J. Downing Trustee Schlaver stated that inasmuch as only $BO,O00 could be used for the purchase of the Fire Bonds, in his opinion it wotLld be better to offer the entire amount of $75,000 to the lowest bidder and perhaps use the $30,000 for another purpose, such as a new well. Trustee Schlaver then introduced Resolution 7-59 and moved for its adoption: Res. 7-59 Fire Bond A RESOLUTION DIRECTING ADVERTISEMENT FOR Sale BIDS FOR THE SALE OF BONDS OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY. Trustee Norris seconded this motion; the President put the question and the Clerk called the roll, with the following response: Ayes, Trustees Airey, Broad, Norris, Schlaver and Willer. Nays, none. Absent: Casterline. Whereupon the President declared the resolution adopted. Fire Dept. Trustee Schlaver also mentioned that the new station wagon given wagon to the Village by the Fire Department for emergency use will be delivered shortly. Trustee Ai~ey read proposed Resolution 8-59 and moved for its adoption: Res. 8-59 Invest funds AUTHORIZING THE VILLAGE TREASURER TO in 90-day Treasury INVEST VILLAGE FUNDS AND SPECIAL ASSESS- bills MENT FUNDS IN U. S. 90-DAY TREASURY BILLS Trustee Broad seconded this motion. The President put the question, the Clerk called the roll, with the following response: Ayes: Trustees Airey, Broad, Norris, Schlaver and Willer. Nays, none. -- Absent: Trustee Casterltne. Whereupon the President declared the motion carried. Trustee Aireymoved for the approval of the bills for the Bills period ending February 17th, stating that the only out-of-the-ordinary bill was for the newly installed accoustical ceiling tile. General 40,585.07 Garbage 6.25 Library 7,753.59 Water 3,734.54 Parking Sys. Revenue Fund 19.50 473098.95 February 17, 1959 Trustee Wilier seconded this motion, the President put the question, the Clerk called the roll, with the following response: Ayes: Trustees Airey, Broad, Norris, Schlaver and Willer. Nays: none. Absent: Trustee Casterline~ k~ereupon the President declared the motion carried. Trustee Willer read a petition for annexation of a farm area lying west of Sunset Heights, signed by Herman Busse, Mathilde Busse, Harry Rascher, Julia Rascher and Berwyn Rascher, and then read the Busse ~-- following letter of opinion from Village Attorney Downing: Rascher Annexation February 16, 1959 Harold G. Appleby Village of Mount Prospect Dear Harold: Re: Busse-Rascher Annexation Returned herewith are the copy of petition to annex and the copy of plat forwarded by your letter of February 13, 1959. The documents appear to be in order, assuming that the territory is in fact contiguous to the present Village limits, a matter which you should ascertain from Village records. Sincerely, S / Robert J. Downing Trustee Willer, seconded by Trustee Airey, then moved that "the President and Clerk be authorized on behalf of the Village to sign the petition for annexation and that the Village Attorney be directed to prepare an ordinance to annex said property". The President put the question and the C~erk called the roll, with the following results: Ayes: Trustees Airey, Broad, Norris, Schlaver, and Willer. Nays, none. Absent: Trustee Casterline. Whereupon the President declared the motion carried. Trustee Wilier, seconded by Trustee Norris, moved for the passage of Ordinance $656: AN ORDINANCE ANNEXING LOUIS M~NA0'S PROPERTY 0rd.#656 L. Munao's This property, to be known as Louis Munao's First Addition, lies on 1st Addn. the south bank of the creek to Lonnquist Blvd. east of the center llne of Emerson Street extended. The President put the question and the Clerk called the roll, with the followin~ response: Ayes: Trustees Airey, Broad, Norris, Schlaver and Willer. Nays, none. Absent: Trustee Casterline. Whereupon the President declared the motion carried. Trustee Willer, seconded by Trustee Airey, then moved tha~ "the Plat of SubdiviSion of Louis Munao's First Addition be submitted to the Plan Commission for study and recommendation". The President put the question and the Clerk called the roll, with the following response: Ayes: Trustees Airey, Broad, Norris, Schlaver and Willer. Nays, none. Absent: Trustee Casterline. Whereupon the President declared the motion carried. Trustee Willer, seconded by Trustee Airey, mpved that the County Zoning Village Manager represent the interests of the Village at the Our Case 58-15 hearing to be held by the County Zoning Board of February 26th. This concerns property at the Southwest corner of Busse and ~Central Roads, formerly appealed under our Case # 58-15. This motion passed by acclamation. Trustee Airey read a letter from William A. Wille dated February 12th, as follows: February 17, 1959 Mayor Lams: This letter is to request to obtain a six month option to purchase Village owned real estate, approximately four one/half (4½) lots, located East of Pine Street and any available Village owned real estate West of Pine Street subject to the vacating of Pine Street. Pine St. Method of payment could be in cash or in like kind property. Property The latter method is preferred. -- Thank you. Yours truly, S/ William A. Wille Trustee Willer, seconded by Trustee Schlaver, moved that all of the Village holdings on the East side of Pine Street be sold by public bid and that hearing be set in order to dispose of this property. The P~§ident put the question and the Clerk c~lled the roll, wit~ the following response: Ayes: Trustees Airey, Broad, Norris, Schlaver and Willer. Nays, none. Absent: Caste~line. Whereupon the Pmesident declared the motion carried. Trustee Willer also made the following motion, seconded by Trustee Norris: "that it be established as a policy of this Board that in the event this Board chooses to accept a bid for the purchase of the Village's holdings on the east side of Pine Street, the Village will consider the vacation of those portions of Pine Street that apply to the subject property, with the provision that access b~ easement to the Village,owned property o~ the west side of Pine Street would be granted". The President put the question and the Clerk called the roll, with the following response: Ayes: Trustees Airey, Broad, Norris, Schlaver and Willer. Nays, none. Absent: Casterline. Whereupon the President declared the motion carried. Trustee Willer, seconded by Trustee Airey, moved for~ adjournment. The motion carried by acclamation and the meeting regularly adjourned at 9:10 P. M. /E. Robert Reyn~!ds, Clerk February 17, 1959