Loading...
HomeMy WebLinkAbout01/25/2005 COW agenda COMMITTEE OF THE WHOLE AGENDA Meeting Location: Mount Prospect Village Hall 50 South Emerson Street Meeting Date and Time: Tuesday, January 25, 2005 7:00 p.m. I. CALL TO ORDER - ROLL CALL Mayor Gerald L. Farley Trustee Timothy Corcoran Trustee Michaele Skowron Trustee Paul Hoefert Trustee Irvana Wilks Trustee Richard Lohrstorfer Trustee Michael Zadel II. ACCEPTANCE OF MINUTES OF NOVEMBER 23,2004 III. CITIZENS TO BE HEARD IV. DOWNTOWN REDEVELOPMENT - TIF EXTENSION STATUS REPORT In both April and May of 2004, the Village Board considered and discussed the Final Report and Recommendations of the Downtown Redevelopment Ad hoc Committee - Phase II, issued in February 2004. One outcome of those deliberations was recognition that the redevelopment potential of three (3) of the five (5) identified sub-areas was severely limited by either the remaining life of the current TIF District (scheduled to dissolve in 2008) or their location outside of the current TIF boundaries. Knowing that time extensions for existing TIF Districts were possible through appropriate State Legislative action, the Village Board directed staff to explore the feasibility of seeking such an extension (the standard is an additional 13 years) as well as a concomitant expansion of the TIF District boundaries. Current Legislative protocol requires an interested municipality to consult with, and garner the "approval" of the local Elementary and High School Districts as a condition of seeking said extension (such approval from other affected taxing bodies is not required). While boundary expansion does not require Legislative approval (only compliance with TIF statutory requirements), it does in this case, for all practical purposes, require the approval of the same School Districts. For the last several months, staff has been crafting a TIF increment revenue sharing methodology that would be palatable, if not beneficial, to the School Districts as well as other affected taxing bodies; i.e., Library and Park District. From time to time, Village staff has consulted with School District staffs in furtherance of this objective. At this time, Village staff feels it has crafted a methodology that may be acceptable to the School Districts. Village staff is now prepared to present this methodology for Board review and concurrence in anticipation of making formal presentations to the School Boards of Districts 57 and 214. Both the Mount Prospect Public Library and Mt. Prospect Park District have been invited to attend the Committee of the Whole meeting. NOTE: ANY INDIVIDUAL WHO WOULD LIKE TO A TTEND THIS MEETING BUT BECAUSE OF A DISABILITY NEEDS SOME ACCOMMODA TION TO PARTICIPATE, SHOULD CONTACT THE VILLAGE MANAGER'S OFFICE A T 50 SOUTH EMERSON, MOUNT PROSPECT, ILLINOIS 60056, 847/392-6000, EXTENSION 5327, TDD #847/392-6064. V. JURISDICTIONAL TRANSFER POLICY UPDATE For many years, the Village of Mount Prospect has been critical of both the Illinois Department of Transportation (I DOT) and, to a lesser extent, Cook County Highway Department (CCHD) policy of requiring jurisdictional transfer of certain roadways (usually unma'rked State/County routes) as a precondition to necessary improvements, including roadway expansion, reconstruction and, in some cases, even routine maintenance. Jurisdictional transfer (J/T) is defined as transferring authority (traffic control) and obligation (future maintenance and reconstruction costs) from one taxing body to another, but not the transfer of the ownership of the land. Central Road in Mount Prospect is a graphic example of the J/T phenomenon. After much lobbying (with Mount Prospect being a particularly vocal critic) of past and present IDOT secretaries there has been a recent willingness by current IDOT Secretary, Tim Martin, to open a dialogue that might result in a more acceptable J/T Policy. Earlierthis year, a Municipal/IDOT Task Force was formed to attempt to craft such a policy. Mount Prospect is represented on the Task Force. Recognizing that compromise on both sides will be required, a first step in the process is to assess the truly regional significance of the numerous unmarked State routes that run through just about every municipality in the region. The premise being that truly regional roadways should remain under IDOT jurisdiction while those with more local benefit should be subject to jurisdictional transfer. Northwest Municipal Conference members are being asked to review said roadways and make an initial, non-binding assessment of the regional v. local significance of same. Four unmarked State routes lie within Mount Prospect. Staff has put together an information package that will assist in discussion of this topic. VI. 2005 CAPITAL IMPROVEMENT PROJECT REVIEW With the coming of Spring (hopefully sooner rather than later!), Mount Prospect will undertake its annual Capital Improvement Program (CIP). From streets to sewers to retention pond rehabilitation and more, the Village will expend some $3.5 million on the upkeep of our critical infrastructure. Additionally, State and Federal agencies are planning other improvements within Mount Prospect's corporate boundaries. Village Engineer Jeff Wulbecker will provide his annual CIP overview. VII. VILLAGE MANAGER'S REPORT VIII. ANY OTHER BUSINESS IX. ADJOURNMENT CLOSED SESSION PROPERTY DISPOSAL 51LCS 1202 (c) (6): "The setting of a price for sale or lease of property owned by the public body."