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R-1191 - 07/24/2012 - AD-HOC - ResolutionsRESOLUTION 2012- ADHOC- ENHANCE - CMTE -R -1191 A RESOLUTION ESTABLISHING A VILLAGE AD HOC RESIDENTIAL ENHANCEMENT COMMITTEE WHEREAS, the President and Board of Trustees desire to establish a Village ad hoc Residential Enhancement Committee for the purposes of making recommendations to the President and Board of Trustees concerning ways to entice new families to move to the Village, to fill vacant homes, and to revitalize and enhance the Village's residential properties; and WHEREAS, the Village Board has determined that it would be in the general welfare and in the best interests of the Village and its residents to establish the Village ad hoc Residential Enhancement Committee; and NOW THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: Recitals. The foregoing recitals are hereby incorporated into, and made a part of, this Resolution as the findings of the President and Board of Trustees of the Village of Oak Brook. Section 2: Creation of the Residential Enhancement Committee. The President and Board of Trustees hereby create an ad hoc committee, to be known as the Ad Hoc Residential Enhancement Committee ( "Committee "). Section 3: Members. The Board of Trustees shall appoint not less than seven nor more than eleven members to the Committee. The Board of Trustees shall designate one member of the Committee to serve as the chairman of the Committee ( "Chairman"). Section 4: Term of Appointment. Each member of the Committee shall serve for a term of one year, and shall serve without compensation. Section 5: Vacancies. Vacancies on the Committee, should they occur, shall be filled for the unexpired term of the member whose place has become vacant, and shall be made by appointment by the Village President, with the advice and consent of the Board of Trustees. Section 6: Conduct of Meetings /Quorum. Meetings of the Committee shall be held at the call of the Chairman. All meetings shall be open to the public and duly noticed and conducted in accordance with the Open Meetings Act. The presence of a majority of the members shall constitute a quorum for the conduct of business and the holding of any meeting. The Committee shall act only with the concurring vote of a majority of members present at a duly called meeting. The Chairman shall have the power to vote. The Committee shall keep minutes of its proceedings, showing the vote of each member on every question. Section 7: Charge of the Committee. The role and responsibility of the Committee shall be as follows: a) To analyze Village census and housing data to identify areas of potential enhancements; b) To review and recommend short-term and long -term strategies to improve property values, fill residential vacancies, and to attract new families to the Village; C) To recommend to the President and Board of Trustees a residential enhancement plan that includes specific goals and objectives to improve residential property values, fill residential vacancies, and to attract new families to the Village; and Resolution 2012- ADHOC- ENHANCE - CMTE -R -1191 A Resolution Establishing a Village Residential Enhancement Committee Page 2 of 2 d) To engage in other specified duties or assignments as directed by the President and Board of Trustees. Section 8: Effective Date. This Resolution shall be in full force and effect from and after its passage by the President and Board of Trustees and its approval in the manner provided by law. APPROVED THIS 24Th day of July, 2012 Ayes Gopal G. Lalmalani Village President PASSED THIS 20 day of July, 2012 Trustees Aktipis, Manzo, Moy, Wolin, Yusuf and Zannis None None #11386377_v2 74�� Charlotte K. Pruss Village Clerk