HomeMy WebLinkAbout4. New Business 03/18/2014
RESOLUTION NO.
A RESOLUTION APPROVING A PLAT OF EASEMENT
DEDICATION FOR PUBLIC UTILITY FOR PROPERTY LOCATED AT
701 EAST PROSPECT AVENUE, MOUNT PROSPECT, ILLINOIS
WHEREAS, Mr. Igor Davydov, Compass Real Estate Services, L.L.C. (Petitioner) has requested
approval of a Plat of Easement for the property located at 701 East Prospect Avenue, Mount
Prospect, Illinois legally described in the Plat of Easement dated November 5, 2013 as;
ubdivision of Part of the West Half of the Northeast
quarter and part of the West half of the Southeast quarter of Section 12, Township 41 North,
Range 11 East of the Third Principal Meridian, according to the Plat thereof registered in the
office of the Registrar of Titles of Cook County, Illinois on August 6, 1957 as Document
1752354;
Property Index Number 08-12-428-004; and
WHEREAS, the Corporate Authorities of the Village of Mount Prospect, after due consideration,
have determined it is in the best interests of the Village to approve a plat dedicating an easement for
.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS:
SECTION ONE: That the dedication of a public utility easement for the property located at 701 East
Prospect Avenue approved for
appropriate execution and recording. Such Plat and its legal description are incorporated into and
made part of this resolution.
SECTION TWO: That this Resolution shall be in full force and effect from and after its passage and
approval in the manner provided by law.
AYES:
NAYS:
ABSENT:
PASSED and APPROVED this day of March, 2014.
____________________________
Arlene A. Juracek
Mayor
ATTEST:
__________________________
M. Lisa Angell
Village Clerk
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Village of Mount Prospect
Mount Prospect, Illinois
INTEROFFICE MEMORANDUM
TO: MICHAEL E. JANONIS, VILLAGE MANAGER
FROM: FINANCE DIRECTOR
DATE: MARCH 12, 2014
SUBJECT: 2013 PROPERTY TAX LEVY ABATEMENT ORDINANCE
PURPOSE:
To obtain approval of the attached abatement ordinance related to the 2013 corporate tax levy.
BACKGROUND:
The Village Board approved Ordinance 6108 on December 17, 2013 which abated portions of the Series
2009C and Series 2013 debt service levies.
DISCUSSION:
Upon review by the Cook County Tax Extension Office it was discovered that the above mentioned
abatement ordinance reflected an incorrect levy amount for the Series 2009C bonds. In order for the proper
levy amount to be reflected on the 2013 tax extension a revised ordinance repealing the incorrect sections
of the original abatement ordinance and approval of a new abatement ordinance is needed. Attached is the
revised abatement ordinance for your review.
The revised ordinance does not change the 2013 levy. The amount and percent increase from the prior
year that was presented at the public hearing remain unchanged. The error resided solely in the abatement
ordinance. The revised abatement ordinance now reflects the following:
Levy Amount $160,022.50
(per Ordinance 5772)
Abatement 43,005.00
Net Levy $117,017.50
Upon approval the revised ordinance will be filed with the County for inclusion in the final 2013 levy
extension.
RECOMMENDATION:
It is recommended the Village Board approve the attached 2013 property tax levy abatement ordinance.
David O. Erb
Finance Director
Attachment
DOE/
I:\Property Taxes\2013 Levy\Memo Levy Abatement Ordinance #2 - 2013.docx
ORDINANCE NO. ____________
AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR
CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT
PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING JANUARY 1,
2013 AND ENDING DECEMBER 31, 2013
____________________________________________________________
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the day of , 2014
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois,
the day of , 2014.
ORDINANCE NO. ____________
AN ORDINANCE TO ABATE A PART OF THE TAXES LEVIED FOR
CORPORATE AND MUNICIPAL PURPOSES OF THE VILLAGE OF MOUNT
PROSPECT, ILLINOIS FOR THE FISCAL YEAR BEGINNING JANUARY 1,
2013 AND ENDING DECEMBER 31, 2013
____________________________________________________________
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have passed and
approved Ordinance No. 6108 on December 17, 2013 which abated portions of the 2013 tax levy; and
WHEREAS, Section One (A) of Ordinance 6108 did not reflect the entire 2013 levy as called for in
Ordinance No. 5772 adopted December 1, 2009; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect desires to repeal
Section One (A) and related Section Two of Ordinance 6108 in their entirety and establish a new
abatement pursuant to Ordinance 5772 for fiscal year January 1, 2013 and ending December 31, 2013.
NOW THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF
THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS ACTING IN THE EXERCISE
OF THEIR HOME RULE POWERS:
Section One: The President and Board of Trustees of the Village of Mount Prospect find as follows:
A. That pursuant to Village Ordinance No. 5772 adopted December 1, 2009 authorizing the
issuance of general obligation bonds for financing a portion of the costs of constructing a
replacement fire station, emergency operations center and public works expansion there
was levied for the year 2013 the sum of $160,022.50 for bond principal and interest
payments.
Section Two: It is hereby declared by the President and Board of Trustees of the Village of Mount
Prospect that the amount of $160,022.50 levied for G.O. Bond Principal and Interest payments for the
purpose of funding a portion of the costs of constructing a replacement fire station, emergency operations
center and public works expansion pursuant to Ordinance No. 5772 be and the same is hereby abated in
the amount of $43,005.00 leaving a balance of $117,017.50 as that amount levied for such bond principal
and interest payments for the fiscal year commencing January 1, 2013 and ending December 31, 2013.
Section Three: Village Ordinance No. 5772 is hereby amended with respect to the tax abatement declared
herein and set forth in Section Two of this Ordinance.
Section Four: Changes made to the 2013 levy by the passage of this ordinance does not invalidate the
remaining parts of Ordinance 6108 for the abatement of such levy.
Section Five: The Village Clerk of the Village of Mount Prospect is hereby authorized and directed to
file a certified copy of this Ordinance with the County Clerk of Cook County, Illinois within the time
specified by law.
1
Section Six: This Ordinance shall be in full force and effect upon its passage, approval and publication in
pamphlet form and filing as provided by law.
AYES:
NAYS:
ABSENT:
PASSED and APPROVED this _________ day of ______________________, 2014.
___________________________________________
Arlene A. Juracek, Mayor
ATTEST:
____________________________________________
M. Lisa Angell, Village Clerk
2
Village of Mount Prospect
Mount Prospect, Illinois
INTEROFFICE MEMORANDUM
TO: MICHAEL E. JANONIS, VILLAGE MANAGER
FROM: FINANCE DIRECTOR
DATE: MARCH 12, 2014
SUBJECT: 2014 BUDGET AMENDMENT #1
PURPOSE:
Present a recommendation that the annual budget be amended for fiscal year beginning
January 1, 2014 and ending December 31, 2014.
BACKGROUND:
Ordinance 6109, adopted December 17, 2013, established the annual budget for the
year ending December 31, 2014.
DISCUSSION:
Each year the Village prepares two or more amendments impacting revenues and/or
Budget amendments are done to better manage
the annual budget by accounting for carry-over items or material variations in revenues
and/or expenditures. Many times these variations are a result of fluctuations in the
economy affecting revenues (either positively or negatively), extraordinary or
unanticipated charges for expenditures or the timing of projects causing work to occur
over different fiscal periods. This amendment adjusts original budget figures to reflect
carry-over projects from the prior year and accounts for charges related to the February
2014 sprinkler flood event.
A proposed ordinance amending the 2014 Annual Budget is
consideration. In total, we are increasing the budget for revenues by $97,171 and
expenditures by $3,339,419.
Grant program revenues were increased in the CDBG Fund by $97,171. The increase
supports expenses related to various block grant programs. The increase in
expenditures totaling $3.3 million consists mainly of capital projects budgeted in the
Water and Sewer, Downtown Redevelopment, Capital Improvement and Vehicle
Replacement Funds.
Significant adjustments in the Water and Sewer Fund include the automatic meter
reading devices for commercial/industrial accounts totaling $1,227,100, an emergency
generator for $336,400, rehab of deep wells for $302,000 and lift station improvements
totaling $265,000. Other notable projects carried over into 2014 include streetscape
improvements, vehicle replacements of the Village fleet, and other capital equipment
purchases.
2014 Budget Amendment #1
March 12, 2014
Page 2 of 2
Two adjustments in the General Fund totaling $107,000 are for repairs to portions of the
Village Hall damaged by water from a burst sprinkler pipe. Insurance proceeds are
expected to cover a large portion of this cost.
RECOMMENDATION:
It is recommended the Village Board adopt the proposed ordinance amending the 2014
Annual Budget.
David O. Erb
Finance Director
DOE/
Copy: Finance Commission
Department Directors
Board Memo Amendment #1 - March 2014.docx
ORDINANCE NO.
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2014
AND ENDING DECEMBER 31, 2014
PASSED AND APPROVED BY
THE PRESIDENT AND BOARD OF TRUSTEES
the day of _ 1 2014
Published in pamphlet form by
authority of the corporate authorities
of the Village of Mount Prospect, Illinois
the _ day of , 2014.
ORDINANCE NO.
AN ORDINANCE MAKING CERTAIN AMENDMENTS TO THE ANNUAL
BUDGET ADOPTED FOR THE FISCAL YEAR COMMENCING JANUARY 1, 2014
AND ENDING DECEMBER 31, 2014
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have
passed and approved Ordinance No. 2342 which sets the finances of the Village under the
"Budget Officer System "; and
WHEREAS, pursuant to the aforesaid Ordinance and the Statutes of the State of Illinois
an annual budget for the fiscal year commencing January 1, 2014 and ending December
31, 2014 was adopted through the passage of Ordinance No. 6109 approved by the
Corporate Authorities of the Village of Mount Prospect on December 17, 2013; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect have
further reviewed certain additions and changes to the aforesaid budget for the fiscal year
beginning January 1, 2014 and ending December 31, 2014; and
WHEREAS, the President and Board of Trustees of the Village of Mount Prospect
believe the changes, as specified on the attached January 1, 2014 through December 31,
2014 Budget Amendment No. 1 to be in the best interest of the Village of Mount
Prospect; and
WHEREAS, the Village has now revised the revenue projections or has reserves in each
of the Funds in which the budget is being increased adequate in amount to cover the
budget changes reflected in Budget Amendment Number One, attached hereto.
NOW THEREFORE BE IT ORDAINED BY THE PRESIDENT AND BOARD OF
TRUSTEES OF THE VILLAGE OF MOUNT PROSPECT, COOK COUNTY,
ILLINOIS:
SEC]" ONE: That the fiscal year budget for January 1, 2014 through December 31,
2014 for the Village of Mount Prospect is hereby amended, as detailed on Budget
Amendment No. 1 attached hereto.
SECTION TWO That this ordinance shall be in full force and effect from and after its
passage, approval and publication in pamphlet form as provided by law.
AYES:
NAYS:
ABSENT:
PASSED and APPROVED this day of .... , 2014.
Arlene A. Juracek
Mayor
ATTEST
M. Lisa Angell
Village Clerk
VILLAGE OF MOUNT PROSPECT
Budget Amendment No. 1
Fiscal Year January 1, 2014 through December 31, 2014
Revenues
CurrentAmended
BudgetIncreaseBudget
Fund/Account NumberAccount DescriptionAmount(Decrease)Amount
042 Cmmty Development Block Grant
042.418.002Comm Dev Block Grant 293,202 97,171 390,373
293,202 97,171 390,373
All other Cmmty Development Block Grant accounts 60,000 60,000
Total Cmmty Development Block Grant Fund 353,202 97,171 450,373
Total Estimated Revenues
Fund being changed 353,202 97,171 450,373
All other Village Budget accounts 108,459,015 - 108,459,015
Total Estimated Revenues After Changes 108,812,217 97,171 108,909,388
1
VILLAGE OF MOUNT PROSPECT
Budget Amendment No. 1
Fiscal Year January 1, 2014 through December 31, 2014
Expenditures
CurrentAmended
BudgetIncreaseBudget
Fund/Account NumberAccount DescriptionAmount(Decrease)Amount
001 General Fund
001.10.11.00.0.000.543.001Special Projects 1,020 15,500 16,520
001.20.24.00.0.000.532.005Telephone Maint. 39,780 24,600 64,380
001.20.90.00.0.707.665.042Telephone System - Village Hall - 3,100 3,100
001.40.01.00.0.150.536.001Econ Dev Program 35,700 18,848 54,548
001.40.43.41.0.000.530.006Other Prof. Serv. 10,200 22,100 32,300
001.50.01.00.0.000.608.002NACCHO Grant Supplies - 2,600 2,600
001.70.72.00.0.000.545.011Fire Prevention and Safety Grt - 900 900
001.80.82.84.0.356.623.002Tree/Bush/Flower Repl 32,640 3,600 36,240
001.80.90.00.0.710.679.007Tree Repl - Cost Rec 40,662 3,400 44,062
001.89.89.00.8.802.574.020Other Services - 52,500 52,500
001.89.89.00.8.802.628.001M&R Supplies - VH - 54,500 54,500
160,002 201,648 361,650
All other General Fund accounts 45,654,064 - 45,654,064
Total General Fund 45,814,066 201,648 46,015,714
020 Capital Improvement Fund
020.60.90.00.1.707.665.056Mobile Video Rec Sys - 16,600 16,600
020.80.90.00.0.706.647.003Replace Gutters - P&F - 4,800 4,800
020.80.90.00.1.703.677.005Detention Pond Improv 100,000 38,400 138,400
020.80.90.00.1.704.678.019Kensington Road Improv - 66,000 66,000
020.80.90.00.1.706.647.001Replace Roof FS #13 (Flat) - 40,000 40,000
020.80.90.00.1.706.649.003PW Roof Repair - 2,000 2,000
020.80.90.00.1.706.651.002Salt Storage Building - 26,800 26,800
100,000 194,600 294,600
All other Capital Improvement Fund accounts 1,596,247 - 1,596,247
Total Capital Improvement Fund 1,696,247 194,600 1,890,847
022 Downtown Redevelopment Construction Fund
022.40.90.00.0.710.636.007Facade Program 60,000 60,000 120,000
022.80.90.00.0.705.679.001D/T Streetscape Prog 105,000 240,000 345,000
165,000 300,000 465,000
All other Downtown Redevelopment Construction Fund accounts 2,956,962 - 2,956,962
Total Downtown Redevelopment Construction Fund 3,121,962 300,000 3,421,962
023 Street Improvement Construction Fund
023.30.01.00.0.000.564.001Financing Costs - 41,000 41,000
- 41,000 41,000
All other Street Improvement Construction Fund accounts 9,973,880 - 9,973,880
Total Street Improvement Construction Fund 9,973,880 41,000 10,014,880
024 Flood Control Construction Fund
024.80.90.00.0.702.677.001Creek Bank Stabilization 25,000 13,800 38,800
024.80.90.00.0.702.677.006Prosp Mdws Flood Imp 650,000 70,000 720,000
675,000 83,800 758,800
All other Flood Control Construction Fund accounts 10,136,000 - 10,136,000
Total Flood Control Construction Fund 10,811,000 83,800 10,894,800
2
VILLAGE OF MOUNT PROSPECT
Budget Amendment No. 1
Fiscal Year January 1, 2014 through December 31, 2014
Expenditures
CurrentAmended
BudgetIncreaseBudget
Fund/Account NumberAccount DescriptionAmount(Decrease)Amount
041 Motor Fuel Tax Fund
041.80.90.00.0.704.676.003Traffic Signal Repl 50,000 80,000 130,000
50,000 80,000 130,000
All other Motor Fuel Tax Fund accounts 1,501,900 - 1,501,900
Total Motor Fuel Tax Fund 1,551,900 80,000 1,631,900
042 Cmmty Development Block Grant
042.40.41.00.0.154.572.016Search Development Ctr 15,000 15,000 30,000
042.40.41.00.0.154.572.039Rehab. Admin. - 8,250 8,250
042.40.41.00.0.154.636.012Single Family Rehab 160,000 73,921 233,921
175,000 97,171 272,171
All other Cmmty Development Block Grant accounts 178,202 - 178,202
Total Cmmty Development Block Grant 353,202 97,171 450,373
050 Water and Sewer Fund
050.80.84.87.0.375.533.003Roof Repairs 8,000 47,000 55,000
050.80.90.00.1.700.665.001AMR System 500,000 1,227,100 1,727,100
050.80.90.00.1.700.666.002Emerg Gen/Wells 575,000 336,400 911,400
050.80.90.00.1.700.671.005Deep Well Rehab - 302,000 302,000
050.80.90.00.1.701.672.002Lift Station Rehab - 265,000 265,000
1,083,000 2,177,500 3,260,500
All other Water and Sewer Fund accounts 13,048,653 - 13,048,653
Total Water and Sewer Fund 14,131,653 2,177,500 16,309,153
061 Vehicle Replacement Fund
061.80.86.00.1.000.660.006Public Works Vehicles 937,000 163,700 1,100,700
937,000 163,700 1,100,700
All other Vehicle Replacement Fund accounts 677,000 - 677,000
Total Vehicle Replacement Fund 1,614,000 163,700 1,777,700
Total Village Budget
Funds being changed 89,067,910 3,339,419 92,407,329
All other Village Budget Accounts 27,915,892 - 27,915,892
Total Village Budget after Changes 116,983,802 3,339,419 120,323,221
3
Village of Mount Prospect
Mount Prospect, Illinois
INTEROFFICE MEMORANDUM
TO: MAYOR AND BOARD OF TRUSTEES gl
N o
FROM: ASSISTANT VILLAGE MANAGER
DATE MARCH 11 2014
SUBJECT: RENEWAL OF NIMEC AS AGGREGATION CONSULTANT
AUTHORIZE VILLAGE MANAGER TO ENTER INTO ENERGY
CONTRACT 000
Attached are two documents for your information and consideration. The first document
is a summary of the municipal aggregation program in Mount Prospect from the
Northern Illinois Municipal Electric Collaborative ( NIMEC) that includes projected market
conditions that has changed since the last contract and what the likely impact could be
on the next contract for aggregated energy. The second document that is attached for
your consideration is a draft ordinance reappointing the consulting firm of NIMEC as the
designed firm to coordinate and place the Village aggregation bid to replace the expiring
aggregation contract with First Energy.
The First Energy contract will expire later this summer, but there is a need to get into
the marketplace in the spring (April) for bidding and coordination purposes. NIMEC is
expecting to bid the Mount Prospect package of energy with other communities at the
same time in order to obtain more favorable pricing through grouping of the energy
demands, but the Village will remain independent in its determination of vendor and will
not be combined with another community or group of communities for demand pricing
needs. As part of the pricing request our consultant will include an escape clause that
would allow the Village to return to ComEd if the ComEd rates come in lower than the
contractor rate once the ComEd rates are published in June.
The ordinance also includes Village Board authorization to allow execution of a contract
for energy supply by the Village Manager once the pricing is returned and in order to
lock in rates that may come in favorable, but the execution period for action may not
match up with Village Board meeting dates and the pricing may have a short window
available in which to act. This authority is very similar to previous authority granted to
the Village Manager when energy rates were bid out and returned for water pumpage
purposes. Once the rates are available staff will share the rate information and
projected term with the Village Board prior to signing the contract for energy services.
Re: RENEWAL OF NIMEC AS AGGREGATION CONSULTANT
AUTHORIZE VILLAGE MANAGER TO ENTER INTO ENERGY CONTRACT
March 11, 2014
Page 2
Staff recommends Village Board approval to the ordinance authorizing renewal of the
aggregation program for electrical load using NIMEC as the designated Village
consultant and authorizing the Village Manager to execute the contract once the rates
are obtained.
DAVID STRAHL
c: Village Manager Michael E. Janonis
HAVILWCOMEMAggregation\2014 Ordinance Renewal.docx
NIMEC - Summary of Municipal Aggregation —
Mount Prospect
In the Spring of 2012, Mount Prospect voters approved a referendum which authorized the
Village Board to enact an Electric Aggregation Program. Through the Village membership in the
Northern Illinois Municipal Electric Collaborative (NIMEC), the Village solicited bids and entered
into a two year contract with First Energy for a fixed rate for electricity of 4.65 cents /kWh.
During the program's first 12 months of operation, participating approximately 16,000
households have saved an average of $226 in electric supply costs, for a cumulative Village wide
savings of $3.7 million.
The current two year contract with First Energy will expire in August of 2014, an Ordinance will
is being requested to authorize NIMEC to solicit bids for renewal of the Electric Aggregation
Program. NIMEC will solicit bids for electricity prices for one, two and three year terms, and will
present the bids to the Village. The Village designee can select a vendor or return to
Commonwealth Edison, depending upon the results of the bid.
2014 will see in new developments to Municipal Aggregation:
• First, the margin between market rates as contracted through municipal aggregation
and Commonwealth Edison has narrowed. ComEd's rates were higher than market rates
for several years, due to a 2007 decision to lock in fixed rates. The 2008 recession
combined with collapsing natural gas prices put enormous downward pressure on
electricity prices. With many of ComEd's fixed rate contracts maturing in 2013, ComEd's
rates have since fallen closer to market rates achieved through municipal aggregation.
• The second change: long -term power rates are normally higher than short -term rates.
However, that currently is not the case. Regulated transmission charges will increase for
the next two years, but drop in the third year. As such, NIMEC has seen municipal
aggregation rates for 36 months lower than 12- and 24 -month terms. Additionally, the
recent cold snap has also put upward pressure on short term rates.
To protect a municipality from locking in rates above ComEd's, NIMEC bids contain an
"escape clause." Should the ComEd rate be set below the municipal aggregation rate,
the Village has the option of suspending the program, returning residents to the lower
ComEd rate.
• Previously, the ComEd rate was fixed for 12 months. Unfortunately, the ComEd rate is
now a "moving target," making comparison more difficult. The ComEd rate historically
has been set once annually for the "Energy Year" June through May. The ICC has
recently approved ComEd's request to re -set the rate in the Fall, depending upon
market conditions.
Further complicating the ComEd rate is a monthly "true -up," adjustment based upon
actual usage. ComEd buys power in large blocks, based upon historical usage projections.
Actual usage varies. The difference is charged to ComEd customers (who buy their
power from ComEd) in a line item called the Purchased Electricity Adjustment (PEA).
Municipal aggregation enrollees do not pay this charge. The PEA can change each month,
and is limited to a %C charge. In 27 of the last 33 months, the PEA has been a %C charge.
Going forward, NIMEC recommends municipal aggregation programs be renewed with these
considerations in mind:
• NIMEC will monitor the program's rates each month relative to the variable ComEd rate.
As long as each 12 -month rolling period achieves savings, the program will be
recommended to be continued. In the event the ComEd rate is set below the municipal
aggregation rate, or the rolling 12 -month period's savings turn negative, the
municipality can suspend the program and return all ratepayers to ComEd.
• With no early termination fees, residents are free to leave the program at any time,
should they determine another offer to be more attractive. Should the Village municipal
aggregation program be suspended and residents returned to ComEd, residents have
two months to move to another supplier. If not, they are then locked into ComEd for the
remaining 10 months.
• Municipal aggregation programs offer a fixed rate over the term of the contract. This
provides the ratepayer with rate stability, compared to ComEd's fluctuating rate.
Municipal aggregation fixed rates are easier to budget.
H: \VILM \COMED \Aggregation \NIMEC Muni Agg Renewal Summary 2014.docx
ORDINANCE NO. _______
ORDINANCE AUTHORIZING RENEWAL OF
AGGREGATION PROGRAM FOR ELECTRICAL LOAD
WHEREAS, Under Section 1-92 of the Illinois Power Agency Act, 20 ILCS 3855/1-1, et seq.,
municipality may operate an electric aggregation program as an opt-out program for residential and small
commercial retail customers, if a referendum is passed by a majority vote of the residents pursuant to the
requirements under the Act; and
WHEREAS, the Village of Mount Prospect, Illinois Villageitted the question to referendum on the
March 20, 2012 election and a majority of the electors voting on the question voted in the affirmative
(approved and adopted by Ordinance NO. 6010, May 15, 2012) ; and
WHEREAS, the Village subsequently implemented its initial opt-out aggregation program in 2012 with the
term of the supplier agreement to end based on scheduled final meter read dates in August 2014; and
WHEREAS over 17,000 residences and small businesses were originally enrolled in the program, and the
aggregate savings for the first 15 months of the program have totaled $250/household and $4,050,000
throughout the entire community; and
WHEREAS,the Corporate Authorities hereby find that it is in the best interest of the Village to continue to
operate the aggregation program under the Act as an opt-out program and to enter into an additional
contract with a supplier pursuant to the terms of the Act. However, the final decision will be based upon
market pricing and the Village retains the option of suspending the program and returning all participants
back to Commonwealth Edison.
NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND VILLAGE BOARD OF THE VILLAGE
,
OF MOUNT PROSPECT, COOK COUNTY, ILLINOISACTING IN THE EXERCISE OF THEIR HOME
RULE POWERS:
SECTION ONE: That the Preamble of this Ordinance is declared to be true and correct and
is incorporated by reference herein.
SECTION TWO:
A. Pursuant to Section 1-92 of the Illinois Power Agency Act, 20 ILCS 3855/1-1, et
seq., he Corporate Authorities of the Village are hereby authorized to
aggregate, in accordance with the terms of the Act, residential and small
commercial retail electrical loads located within the corporate limits of the Village,
and for that purpose may solicit bids and enter into service agreements to
facilitate for those loads the sale and purchase of electricity and related services
and equipment.
B. The Aggregation Program for the Village shall continue to operate as an opt-out
program for residential and small commercial retail customers.
C. As an opt-out program, the Corporate Authorities of the Village shall fully inform
residential and small commercial retail customers in advance that they have the
right to opt-out of the Aggregation Program before the resident or commercial
Page 2 of 2
Electrical Aggregation
account is renewed. The disclosure and information provided to the customers
shall comply with the requirements of the Act.
D. The Corporate Authorities hereby grant the Village Manager, or his/her designee
the specific authority to execute a contract without further action by the Corporate
Authorities and with the authority to bind the Village.
E. The Village will again engage Northern Illinois Municipal Electric Collaborative
(NIMEC), who managed the initial aggregation. NIMEC will solicit bids from
multiple suppliers and consult with the Village in our decision to select the
supplier that best meets our needs. NIMEC will also assist with the conversion
process, and provide assistance to residents with questions.
SECTION THREE: This Ordinance shall be in full force and effect after its passage, approval
and publication as provided by law.
AYES:
NAYS:
ABSENT:
PASSED and APPROVED this day of March, 2014.
__________________
Arlene A. Juracek
Mayor
ATTEST:
______________________
M. Lisa Angell
Village Clerk