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HomeMy WebLinkAbout10/08/1998 EDC MinutesMINUTES ECONOMIC DEVELOPMENT COMMISSION 2nd Floor Conference Room, Village Hall! Thursday, October 8, 1998 8:00 a.m. The meeting of the Economic Development Commission (EDC) of the Village of Mount Prospect was held on Thursday, October 8, 1998 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 8:10 a.m. Commissioners, John Arndt, Norman Kurtz, David Lindgren and Ben Trapani were present. Commissioners Patricia Biedar and Bruce Gillilan were absent. Also present were William J. Cooney, Director of Community Development and Michael Blue, Deputy Director of Community Development. APPROVAL OF bIINUTES Mr. Arndt moved to approve the minutes of the August 6th, 1998 meeting. Mr. Lindgren seconded the motion, and the motion passed unanimously. OLD BUSINESS Status Report - Current Developments Mr. Cooney dispersed a copy of the most recent economic development update to the Commissioners. Mr. Cooney gave a brief update on several products including 3Com, Big Kmart, Menards, Courtesy Inns and Suites and the Mrs. P and Me proposal. Downtown Redevelopment Mr. Cooney updated the Commission on the ongoing efforts to coordinate downtown redevelopment. There was a significant amount of discussion regarding the current status of the downtown redevelopment efforts and what role the EDC could take in these efforts. It was generally agreed that it would be appropriate for the EDC to participate in the business attraction efforts for proposed new retail space in the CBD. In addition, Commission members stated that they would be willing to assist staff in negotiations with some of the existing property owners. Mr. Kurtz brought up the concept of looking at some of the major intersections in the downtown to determine if there were modifications that could be made to make pedestrian crossing safe. The EDC expressed its frustration in the length of time it has taken to coordinate this effort. Mr. Cooney assured the Commission that the Village board and staff are working diligently to put all the final pieces together to enable the downtown redevelopment to take place. EDC stated that they felt it would be very important that new construction begin by spring of next year to send the appropriate message to the property owners and the residents. Economic Development Commission Minutes Page 2 NEW BUSINESS Requests for Proposals for Building Permit Handouts Mr. Blue indicated that he had submitted a draft RFP for the Commission to review in their packets. There was minor discussion regarding the appropriateness of the RFP and the Commission authorized staff to move forward with the proposal. The 1998 EDC Annual Report. 1998 in Review. 1999 Goals Mr. Cooney indicated that the Village code require the EDC to provide an annual update in December of each year. He indicated that he was looking for input from the Commission on the 1998 accomplishments and the 1999 goals and objectives. The Commission indicated that they desired the primary focus in 1999 to be in downtown redevelopment and also the coordination of the Rand Road/Rte. 83 ring road concept. Chairman's Report There was no Chairman's report. Adjournment The Commission agreed that the next official meeting would be held on December 3, 1998, at 7:30 a.m. The meeting was adjourned at 9:10 a.m. WJC:bhs 0ct08.DOC