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HomeMy WebLinkAbout09/04/1997 EDC MinutesMINUTES ECONOMIC DEVELOPMENT COMMISSION 2nd Floor Conference Room, Village Hall Thursday, September 4, 1997 8:00 am. The meeting of the Economic Development Commission (EDC) of the Village of Mount Prospect was held on Thursday, September 4, 1997 in the second floor conference room of Village Hall, 100 South Emerson Street, Mount Prospect, Illinois. CALL TO ORDER Chairman Norman Kurtz called the meeting to order at 8:00 a.m. Chairman Norman Kurtz, Patricia Biedar, Bruce Gillilan, David Lindgren, Brain McCarthy, and Ben Trapani were present. Member absent was John Arndt. Also present were William J. Cooney, Director of Community 77 Development, and Michael Blue, Deputy Director of Community Development. APPROVAL OF NIINUTES A motion to approve the minutes of the Judy 10, 1997 meeting was made by Brian McCarthy, seconded by Bruce Gillian. The motion passed unanimously 6-0. OLD BUSINESS 7-777T Mr. Cooney updated the Commission on current projects in the Village. These projects included Mt Prospect National Bank, Mid City National Bank, 3Com, Menards, the Pontarelli Projects and the vacant parcel at Kensington Road and Wolf Road. Mr. Lindgren brought up the issue of Walgreen's interest in locating in downtown Mt Prospect Representatives from Keefer's pharmacy had requested the Chamber support them in their effort to keep Walgreen's out of the downtown. The Chamber's Government Affairs Committee discussed this matter and felt it appropriate to remain neutral since both businesses are in Mt Prospect currently. Economic Development Commission Minutes Page 2 Mr. Cooney reported that the Village Board had discussed this issue at the August 26 Committee of the Whole meeting. After a brief discussion by the Village Board, they concurred with the Economic Development Commission's recommendation to adopt the 1996 BOCA Code, and will be reviewing an ordinance to achieve this goal in the very near future. Mr. Cooney indicated that the Village had allocated $5,000 from the Economic Development Budget to pay for a portion of a detention study for the Kensington Business Park. He indicated that dwie _t were not any accurate records for the detention ponds in the Kensington Park, and therefore it is unclear how much capacity these ponds have. The study will determine the overall capacity of these ponds which may enable existing businesses to expand without providing on site detention. The Commission concurred with this expenditure. Permit Process Review Mr. Trapani indicated that he has been working with Mr. Cooney reviewing the permit process as he goes through the review for the Mt. Prospect National Bank project. He indicated that as this A development moves forward he will provide updates as to the status of the process. He statoddW Mr. Blue was acting as the primary staff liaison to this project and that it has been moving smoothly to date. Ms. Biedar stated she felt it may be beneficial for the Village to initiate a 1 -800 number to allow residents to suggest businesses that they feel would be ideal in Mt. Prospect Mr. Cooney stated he would look into this and to determine the costs of such a system. u ,, aTi - 7- - t 1 . le Economic Development Commission Minutes Page 3 Business Retention Committee Mr. Lindgren indicated that Prospect Fasteners would be moving to Lake County within the next several months. He stated that Prospect Fasteners had been looking for a 30,000 square foot facility in the Kensington Center but was unable to find one. In addition, he stated that Prospect Fasteners would be paying approximately $67,000 less per year in property taxes. Mr. Kurtz stated that Mayor Farley had appointed the Downtown Ad Hoc Committee to provide an action plan for the redevelopment of the downtown. He stated that he and Mr. Lindgren would represent the Economic Development Commission during the three month process. He will provide a status report at the upcoming Economic Development Co mmissi on in November. It was agreed that the next EDC meeting would be held on November 6, 1997. The meeting was adjourned at 9:00 a.m.