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HomeMy WebLinkAbout12/14/1995 EDC MinutesMINUTES ECONOMIC DEVELOPMENT COMMISSION 2nd Floor Conference Room, Village Hall Thursday, December 14, 1995 8:00 A.M. The regular meeting of the Economic Development Commission (EDC) of the Village of Mount Prospect was held on Thursday morning, December 14, 1995 at the Village Hall in the Trustees Room, 100 South Emerson Street, Mount Prospect, Illinois. CALL TO ORDER The meeting was called to order at 8:00 a.m. by Chairman John Riordan. Members present were: Ben Trapani, Norman Kurtz, Brian McCarthy, Patricia Biedar and Bruce Gillilan. Also present was David Hulseberg, Deputy Director of Community Development. APPROVAL OF MINUTES A motion was made by Bruce Gillilan and seconded by Norman Kurtz to approve the minutes as presented. There was no discussion and the minutes passed unanimously. OLD BUSINESS Dave Hulseberg provided an update of the current projects. Mr. Hulseberg indicated that US Robotics is moving along very well. A part time staff person is at US Robotics daily in order to facilitate US Robotics' timeline. Permits to begin work prior to approved drawings are being allowed. The inspector on site ensures that all work is conforming to Village Codes and the architect then completes the revised drawings based off of the as -built situation. Stimsonite Corporation will be considered by the Village Board next Tuesday evening for a conditional use permit. There is strong support from the Chamber of Commerce and throughout the business community to allow Stimsonite to locate in the Kensington Business Center. Home Depot is open and "running ". Jewel is under construction. Building plans have been received for General Cinema and there is a flurry of activity occurring. NEW BUSINESS Under the 1996 Economic Development Program budget, $25,000 has been approved. That money is to be expended as follows: $10,000 - Production of a video $ 2,500 - Production of an economic development diskette $ 7,500 - Advertisement $ 5,000 - Attendance at Trade Shows and Seminars Economic Development Commission Minutes Page 2 A question was raised by Ben Trapani asking how the Village had spent the Economic Development fund dollars in the prior years. Mr. Hulseberg reported that he doesn't have a breakdown before him but would provide it as part of the minutes before the next meeting. Mount Prospect Video The second item for new business was the development of the Mount Prospect video which Mr. Hulseberg had described in the Economic Development Program budget. It was hoped that the Economic Development Commission would take an active interest in assisting in the development of this project. John Riordan indicated that his daughter had received an excellent video from her company about Fort Collins, Colorado. He indicated that he would bring this video in for our information. Ben Trapani suggested that possibly we sell our videos to businesses throughout the community so that they could share it with their employees. Business Liaison Contacts John Riordan suggested that all members make contact with their various businesses on their business liaison contact list. He felt it was important that some feedback be shared on the results of those discussions at the February meeting. Chairman's Report Mr. Riordan indicated that he was aware of Dale Jessie resigning from the Commission and a motion to accept his resignation was submitted. A motion was made by Bruce Gillilan and seconded by Norm Kurtz and passed unanimously. Ben Trapani suggested that Gary Gojek be considered as a possible Economic Development Commission member. Mr. Gojek is the owner of Vogue Tire. Dave Hulseberg indicated that if all goes well with Stimsonite on Tuesday night that they might also be considered as an Economic Development Commission member. Other items in the Chairman's report included a brief discussion on the merger between NBD and the First Chicago Bank. Mr. Riordan indicated that he was unaware of how the consolidation of the backroom operations for these banks was going to occur and what impact it would have on the community. He indicated that he would make further contact to ascertain NBD's and First Chicago's intentions. Mr. Riordan was very pleased with the Open House and suggested that another one be held to facilitate our business liaison contacts and to find out more information about other taxing bodies. Dave Hulseberg suggested that this could be an Open House on partnering with business. Sub - Committee Update Brian McCarthy reported that the retail sector is somewhat "soft" right now. There will be a rash of bankruptcies coming in January. Although overall sales figures for the Village will be up, he Economic Development Commission Minutes Page 3 indicated that a number of companies are losers in terms of how they have done this holiday season. But the next two weeks will really determine the total sales figures. The inclement weather that we've had in the past several weeks has really dampened retail sales. Chairman Riordan indicated that the next meeting will be held on February 8th at 8:00 a.m. This is the second Thursday of the week. No members indicated any problems with this. ADJOURNMENT There was a motion to adjourn by Pat Biedar and seconded by Ben Trapani. The motion passed unanimously.