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HomeMy WebLinkAboutCOMMITTEE OF THE WHOLE - 10/26/1993 - WATER SEWER FUND CASH FLOW ANALYSIS/VICTORIA BANQUETS COMMITTEE OF THE WHOLE 10/26/93 7:07 PM Present : D. Gallitano, Village President N. Czarnik, Village Trustee J. Petri, Village Trustee C. Johnson, Village Trustee M. Tosto, Village Trustee R. Chernick, Village Trustee P. Rettberg, Village Trustee Absent : None Staff: G. Parrin, Village Manager R. Rummel, Assistant Village Manager R. Farrell, Administrative Assistant H. Ingebrigtsen, Finance Director J. Pierucci, Accounting Supervisor T. Cech, Director of Public Works G. Knickerbocker, Village Attorney Reporters: C. Karuhn, Chicago Tribune K. Bertram, Elk Grove Journal (7:11 p.m. ) WATER AND SEWER FUND CASH FLOW ANALYSIS The Director of Finance made a presentation on a cash flow analysis and projections for the water/sewer fund. BUSINESS LIAISON COUNCIL SURVEY The consensus of the Committee was to award a professional service contract for a survey of the Industrial Park in an amount not to exceed $8,300 predicated upon the concurrence from the Business Liaison Council . This item will be placed under New Business on the 10/26/93 Village Board Agenda . VICTORIA BANQUETS The Village President reported of meeting with representatives of Victoria Banquets. It was suggested by the Village President that the Village provide tax assistance to Victoria Banquets that grants a reduction in sales tax and food and beverage tax to the Village until such a time when the reduced amounts can be recaptured. The consensus of the Committee was to obtain more information on the development and discuss this item at the November 9 Committee of the whole Meeting. The meeting adjourned at 8:00 p.m. c: President & Board of Trustees Village Manager Assistant Village Manager Administrative Assistant Administrative Intern Village Clerk Village Attorney All Department Heads