HomeMy WebLinkAboutICRC - 02/07/2002 - INDUSTRIAL/COMMERCIAL REVITALIZATION COMMISSION
ELK GROVE VILLAGE BUSINESS PARK
MEETING MINUTES
FEBRUARY 7, 2002
CHERNICK CONFERENCE ROOM
Present: Trustee Jim Petri
Trustee Sam Lissner
Ron Behm
John Connnelly
Tom Farrell
Scott Go/beck
George Johnson
Tom Porte
Ed Ruskowski
Scott Swako
Staff,• Nancy Carlson, Economic Development Officer
Vito Sammarco, Ass't. Director Comm. Rev.
Absent: John Gullo
Bob Kleckauskas
Jeff Snyder
The project implementation status was reviewed with the Commission:
STREET SIGNING PROGRAM 2002
Bids were opened for the street sign program and the low bidder was
United Rentals Highway Technologies.
LIGHTING AND LANDSCAPING 2002
Consultants have initiated design engineering for these projects. The
work is anticipated to be let in the Spring 2002.
DEVON AVENUE AND TONNE ROAD
A public hearing was held for the intersection improvement. Business
concerns focused primarily on parking loss. Plans to mitigate the loss of parking have
been developed. Preparation of contract plans and acquisition of right-of-way is the
next phase of the project.
RAILROAD SPUR SIDEWALK CROSSINGS
A meeting was held with Central Illinois Railroad to discuss sidewalk
crossings at the spur tracks within the Business Park. The railroad is willing to work
with the Village, however they have no funds to dedicate to this work. A preliminary
field inventory and estimates of cost for construction of sidewalk will be developed and
presented to the Commission.
The ICRC FY '02/'03 Budget was presented to the Commission. The
following budget items were discussed:
• Marketing — This budget item of $100,000 includes retaining a public
relations firm to assist in preparing new Business Park advertisements
and publicize the ongoing ICRC programs.
• Construction Projects — The budget items reflect ongoing project
studies and construction activities as outlined in the ICRC Master Plan.
The program is on schedule and adequate funds are available to
implement the proposed improvements.
The Commission unanimously approved the ICRC FY '02/'03 Budget.
Nancy Carlson gave a brief description of the Cook County Tax
Abatement Program. In order to be eligible for this program, the industrial property
must meet one of the following three criteria:
1) new construction,
2) substantial renovation to an existing building, or
3) occupancy of a building that has been vacant for two years.
If the property is deemed eligible by Cook County, the assessed value can
be reduced from 36% of the market value to 16% of the market value for a period of
twelve years. An application to the County for this abatement must be accompanied by
a resolution from the Village supporting the application.
The County is now accenting applications for buildings that have been
vacant for less than two years. The Village has a policy stating they would consider
supporting an application for a building that has been vacant for twenty months or more.
In order to get an indication of how the business community views this situation, the
Commission members were asked for their comments. Discussion ensued as to the
pros and cons of supporting applications for less than the original two-year period.
The next scheduled meeting of the ICRC will be March 7, 2002.
VPS:pcd
C: Mayor & Board of Trustees, Trustee Petri, Trustee Lissner, ICRC
Commissioners, J. MacArthur, Fire Chief, S. Schmidt, Police Chief, T. Cech,
Director of Public Works, A. Boffice, Director of Engineering & Community
Development, A. Walsh, Village Clerk, B. Jaszczurowski, Community Service
Coordinator, M. Cavallini, Health Coordinator, G. Parrin, Village Manager, R.
Rummel, Asst. Village Manager, P. Vadopalas, Asst. to Village Manager, G.
Knickerbocker, Village Attorney, N. Carlson, Economic Development Officer