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HomeMy WebLinkAbout02/03/2000 EDC MinutesMINUTES ECONOMIC DEVELOPMENT COMMISSION 2nd Floor Conference Room, Village Hall Thursday, February 3, 2000 8:00 a.m. The meeting of the Economic Development Commission (EDC) of the Village of Mount Prospect was held on Thursday, February 3, 2000 in the second floor conference room of Village Hall, 100 South Emerson Street, Mount Prospect, Illinois. CALL TO ORDER Commissioner Ben Trapani called the meeting to order at 8:00 a.m. Commissioners John Arndt, Pat Biedar, Bruce Gillilan, and David Lindgren were present. Chairman Norm Kurtz was absent. Also present were Mayor Gerald Farley, William J. Cooney, Director of Community Development, Michael Blue, Deputy Director of Community Development and Kevin Davies, Randhurst General Manager. APPROVAL OF MINUTES Mr. Arndt moved to approve the minutes of the November 4, 1999 meeting. Mr. Lindgren seconded the motion and it passed unanimously. OLD BUSINESS Development Update Mr. Cooney provided a brief update of economic activity in the Village. He reviewed the status of the NW Electric, Menards, Heilig- Meyer, Country Inns and Suites and various downtown projects. He asked that Mr. Davies provide an overview of the current projects at Randhurst. Mr. Davies indicated that he is close to completing a deal to fill the former East Side Marios building with another restaurant user. He indicated that the success of the Border's store had renewed interest at that corner for a restaurant. The Commission discussed condition of the Center and the need for reinvestment to occur. NEW BUSINESS 1999 Annual Economic Development Commission Report Discussion and Goals - 2000 Mr. Cooney indicated that he had e- mailed a draft version of the Annual Report to the Commission and asked for any comments on the document. Commissioners stated that the document looked good and made some minor adjustments to the text. The Commission discussed at length what they felt they could do over the next year to improve the business environment in the Village. Mr. Lindgren stated that he felt that the Commission should focus its efforts on the Phase IV of downtown development now that the other phases were underway. In addition, he felt that the Commission needed to step up the Retention Program and that all commission members should participate in that program. The commission discussed the merits of expanding the Retention Program . and it was agreed that this matter would be further discussed at the next meeting. Mr. Gillilan stated that he felt that the Commission should work on improving the relationship between residents and.the business community and that the Village should look at putting in place some incentives for small, start-up businesses. Ms. Biedar Economic Development Commission Minutes Page 2 stated that the Commission should focus its efforts on improving the overall condition of the south side of the Village and help mitigate the impact that the Route 83 construction project will have on local businesses. Mr. Arndt stated that the Commission should focus on improving the marketing of the Village through the use of new technology such as the Internet. It was agreed that the Commission should narrow its focus to a few key issues and that this should be their goal at the April meeting. CHAIRMAN'S REPORT There was no Chairman's report. ADJOURNMENT Mr. Lindgren moved to adjourn the meeting. Mr. Arndt seconded the motion and the meeting was adjourned at 9:00 a.m. Respectfully submitted, William J. Cooney, Jr., AICP Director of Community Development 2-00