HomeMy WebLinkAbout05/22/1990 COW agenda
COMMII'II~E OF THE WHOLE
AGENDA
Meetzng Location Meeting Date and Time
Semor Cmzens' Center Tuesday, May 22, 1990
50 South Emerson Street 7 30 P M
I CALL TO ORDER. ROLL CALL
ACCEPTANCE OF MINUTES OF APRIL 24, 1990
III CITIZENS TO BE HEARD
DISCUSSION OF INSURANCE REPORT AND PROPOSAL FOR ONGOING
RISK MANAGEMENT SERVICES
The study of the Village's seff-msurance by Corporate Pohcyholders Counsel, Lac
(CPC) indicates this program has been effective but suggested these areas should
be strengthened
1 The Village should consider purchasing msarance to protect the sales
and property tax revenues from Randhurst Mall
2 The Village should consider obtatmng insurance coverage for
catastrophic claxms m excess of the current $6 rmlhon coverage
3 The Village should estabhsh aumform procedure to requare that ail
contractors woflang for the Village must obtain an acceptable, nummum
level of insurance before begmmng work.
Since the Village does not have a professional risk manager on staff, CPC was
asked to subtmt a proposal for ongmng risk management serwces The proposal
includes a one-nme charge of $2,500 to develop procedures for obtmnmg proper
certificates of insurance from Village contractors and prowdmg input on various
leases regarding Melas Park It also includes a flat monthly charge of $500 as a
ret;uner for momtormg day-to-day insurance questions and an hourly rate of $100
to momtor el;ams and the Village's safety acuvW
Staff recommends accepUng the proposal for setting up guidelines for
Insurance ($2,500) and the $500 monthly retmner
V DISCUSSION OF THE POLICE AND FIRE PENSION FUND ACTUARIAL
The Pohce and Fire Pension Fund Actuarial Valuation Reports as of May 1, 1989
prepared by Miller, Mason and Dlckenson, Lac, show a strong financial postuon
for these Funds The Police Pension ~s funded at 122 9% and the F~re Pension
at 133 3% The average Statewade funding for Pohce Pension Funds is 72% and
for Fare 74%
VI DISCUSSION OF THE PARKING STUDY
The Parlang Demand Study for th~ Central Business DLStnct prepared by Rich and
Assocmtes shows a deflect of 40 spaces m the overall study area (w~th a defiot of
215 spaces atmbutable to the commuter parking demand) The problem m most
of the study area exclusive of the commuter parlong ~s employee parlong The
individual businesses must momtor and superbase thetr own parlang situation. One
way to solve the employee parkang problem ~s more wgorons enforcement of the
two-hour spaces
Addtuonal parking Is needed in the core area Posslblht:es Include
1 The consolidation of the Village Hall parking lots, Fanme May property
and Kelly Orthoucs would add 29 spaces Although d~scusszons With Fanme
May have not been successful, we Will continue to attempt reaching an
agreement
2 The consolidation of the Semor Center lot, V&G lot, the vacant
property and the doctor's office lot would add 38 spaces
3 A table top parking structure, which consists of ground level parking and
second story parking, over the V&G lot and the vacant property would
generate 166 spaces
4 First Chicago Bank (deficit of 47 spaces) could consider expanding their
lot on block 7 (Emerson Street between Busse and Central) or attempt to
buy or lease spaces that could be bmlt as part of the Pubhc Safety Building
project We have had discussions with First Chicago Bank, and they have
indicated ~helr willingness to pamc~pate subject to cost
Commuter parking is a major problem Some options to address the problem
include to sell pernuts to commuters to park m on-street spaces, prowde spaces
on the widened area of Prospect Avenue past Maple and use a cash box system,
or sell pernuts to park in the Village lot on Wflle Street In the Prospect Avenue
area, appropriate s~gnage could do a better .lob in promoting parlang spaces on
side streets and next to and behind businesses
Staff makes the following recommendations
I Continue attempung to reach an agreement to consolidate the Village
Hall parking lot, the Fan_me May property and Kelly Orthotics
2 Proceed immediately with the consolidation of the Semor Center lot,
V&G lot, the vacant property and the doctor's office lot, subject to
deterrmnatlon of cost
3 Cotumue discussions ',,nth first Chicago Bank to see what arrangement
can be worked out
4 Put cash boxes on the widened area of Prospect Avenue Money is
available in the budget for this purpose
$ Set up a cooperative venture w~th the Chamber of Commerce to help
educate employees to use parking spaces on side streets or behind
businesses
6 Install s~gnage to pubhc and private parking areas to ensure the most
efficient usage of available parking
VIII ANY OTHER BUSINESS
IX ADJOUENMENT
Sidewalk Policy on Major Roadways
Crime Stausucs/Preventlon