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HomeMy WebLinkAboutICRC - 10/07/1999 - llAeE C�.CF�e,�. }� INDUSTRIALICOMMERC/AL. REVITALIZATION COMMISSION ELK GROVE VILLAGE BUSINESS PARK MEETING MINUTES October 7, 1999 CHERNICK CONFERENCE ROOM Present: Trustee Sam Lissner Trustee Jim Petri Ron Behm John Connelly, Jr. Scott Golbeck John Gullo Bob Kleckauskas Tom Porte Ed Ruskowski Scott Swakow Jeff Snyder Staff- Alan J. Boffice, P.E., Director, E/CD Nancy Carlson, Economic Development Officer Vito Sammarco, Ass't. Director Comm. Rev. Absent: Tom Farrell The following revitalization projects were discussed with the Commission: • NICHOLAS AND PRATT BOULEVARD CONSTRUCTION - Landscaping work is anticipated to begin the week of October 11, 1999. Lighting underground work will begin October 25, 1999. • SPUR TRACKS — Union Pacific Railroad has indicated that tracks are abandoned as usage declines. Nancy Carlson noted that a short line railroad would be an option for operating the spur line system. Major carriers such as Union Pacific are concentrating on intermodal facilities from which containerized shipments are made by truck to local businesses. The railroad has offered to attend a meeting and present the short line railroad concept. The Commissioners felt this would be a good topic for a future meeting. Page 2 • TELECOMMUNICATIONS FACILITIES— MCI WorldCom currently has fiber optic lines north of Higgins and along Busse Road. The Village can provide information on companies which have fiber optic facilities in the Village. The business owner would need to contact these firms for exact locations and:service availability. The private sector programs for facade and building renovation were discussed. The Finance Focus Group prepared a final recommendation for Commission approval. The fagade program would consist of the following: Buildings < 20,000 square feet $2,000 fagade grant Prototype design Buildings > 20,000 square feet $2,000 fagade grant $500 (maximum) Permit fee waiver (Permit fees will be reimbursed to the Village through the ICRC fund). Annual allocation from ICRC fund would be $50,000 distributed on a first come, first serve basis Prototype designs for the building facades have been discussed with the Jenkins Group. A preliminary design scope indicates that five (5) designs would be sufficient. The design fee for this work would range from $10,000 to $12,000 dependent on final scope. It is anticipated that prototype designs could be ready by April 2000. The Finance Focus Group has targeted the end of the year for advertising the fagade grant program. The building revitalization program would consist of the following: • Local Bank Loan Program offering a 1-percent below prime rate with a fixed application fee. • Bank loans would range from $25,000 to $250,000. Larger loans would be considered on an individual basis. • The Village would develop a listing of participatory banks and advertise the program. A meeting with local banks is scheduled for October 20, 1999. Page 3 • Businesses would submit an application to the Village for approval in the ICRC Program. The business will have an option to select a bank. In the event a selection is not made, the Village will assign a bank on a revolving basis. • The bank, not the Village, will do loan underwriting. Financial incentives by the Village will not be offered for the bank loans. • A permit fee waiver program for building renovations is still under consideration. The target implementation date for the facade grant and building renovation program is the end of the year. The programs will require approval by the Village Board. Mr. Porte made a motion to approve the programs. The motion was seconded by Mr. Connelly and unanimously approved by the Commission. The Commission was updated on the status of transit improvements. The Lively Bus Stop project is under design. An application for funding through the Illinois Department of Transportation — Division of Public Transportation, Operation Greenlight Access to Transit Program was submitted for Busse Road sidewalk and bus stop improvements. Preliminary designs for the truck intrusion bay and driveway radii designs were reviewed with the Commissioner. Additional studies will be conducted and presented prior to recommendation of design criteria. Trustee Lissner stated that he has had discussions of the street numbering system with the Village Manager He was concerned over potential difficulties with the post office due to the N, S, E, and W designation on the signs. He is now comfortable with the proposed system and the Commission concurred to proceed with the program. The Commission elected to cancel the November 1999 meeting. The next meeting of the ICRC is December 2, 1999. VPS:pcd C: Revitalization Commissioners, President and Board of Trustees, Village Manager, Assistant Village Manager, Assistant to the Village Manager, Village Clerk, Economic Development Officer, Village Attorney, All Department Heads