HomeMy WebLinkAboutEXECUTIVE SESSION - 12/17/2002 - LITIGATION/RELEASED RES NO 40-04 (2) EXECUTIVE SESSION
Date December 17, 2002
Time 7:16 p.m.
Chernick Conference Room
TOPIC: LITIGATION X PERSONNEL _ LAND ACQUISITION_
VILLAGE BOARD VILLAGE BOARD
MEMBERS PRESENT MEMBERS ABSENT STAFF PRESENT
C.JOHNSON G. PARRIN
Mayor Village Manager
N. CZARNIK R. RUMMEL
Village Trustee Asst. Village Manager
B. DILL P. VADOPALAS
Village Trustee Asst. to the Vig.Mgr.
P. FEICHTER G. KNICKERBOCKER
Village Trustee Village Attorney
S. LISSNER H. INGEBRIGTSEN
Village Trustee Finance Director
J. PETRI
Village Trustee
C. PROCHNO
Village Trustee
Pursuant to a duly made and approved motion and a majority vote at a regularly
scheduled meeting of the Village President and Board of Trustees on December 17, 2002 this
Executive Session was called to consider a Litigation matter.
Number of pages attached: 1
Date(s) of review for release: June, 2003
Date of approval for release: 4s Z/0- 0 1/
12/17/02
7:16 p.m.
Liti ag tion
The Mayor stated that the Village has $800,000 remaining in its SWANCC fund since the
sale of the balefill site in Bartlett and resulting elimination of related debt obligations.
The Village can now consider reducing waste hauling costs for businesses by 50%, from
$10.50 monthly to $5.25 monthly. $400,000 of this fund can be considered to fund a
litigation account opposing O'Hare Expansion.
The Mayor reported that the Village has tentatively negotiated a desirable agreement with
Waste Management for future services.
Under the agreement, hauling fees would be locked for 8 years. In November 2005 a
$1.00 per month increase would be implemented, then through November 2008 a 3%
increase or CPI increase(whichever is lower)would be implemented, then in November
2008 a 3% increase or CPI would be implemented through 2010.
Throughout this period, the price of yardwaste stickers will remain locked at $1.25 and
the Village would incur no costs for implementing new toters for the recycling program.
The consensus of the Board was to provide a report to the Recycling Committee.
The meeting adjourned at 7:25 p.m.