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Minutes - 08/26/2019 - Long Term Strategic Planning Advisory Committee aF 0Ax w � TM MINUTES OF THE AUGUST 26, 2019 MEETING OF THE OAK BROOK LONG TERM 4 STRATEGIC PLANNING ADVISORY COMMITTEE OF THE VILLAGE OF OAK BROOK APPROVED AS WRITTEN OR AMENDED ON SEPTEMBER 20,2019 CALL TO ORDER The meeting of the Long Term Strategic Planning Advisory Committee of the Village of Oak Brook was held in the Upper Level Conference Room at the Butler Government Center and called to order by Don Adler at 7:00. PRESENT: Connie Xinos (arrived 7:10), Don Adler, James DePhillips, Anne Marrs Huber, Al Koren, Nitin Shah, Mohsin Dada(arrived 8:45), Rajiv Khatau (arrived 7:17, left 9:30) ABSENT: Todd Rusteberg, Heidi Huizenga, Mario Vescovi IN ATTENDANCE: Rick Ginex, Village Manager, Gopal Lalmalani, Village President, Jason Paprocki, Finance Director, Michael Manzo and Moin Saiyed, John Baar, Village Trustees PUBLIC COMMENTS No public comments Sub-Committee Reports A. Economic Development Discussion regarding casual Economic Development sub-committee meeting held on August 14, 2019. No preliminary report was presented, chairperson not present. Topics covered in the meeting included; mandatory acreage needed to secede from the Village Touched upon was the impact of new development on school districts. APPROVAL OF MINUTES Don Adler motioned to approve the minutes from the July 22, 2019 Long Term Strategic Planning Advisory Committee Meeting as written. Seconded by James DePhillips. Voice vote. Motion carried. Attempt to contact Todd Rusteberg Conversation regarding the need for action, instead of regurgitating the same problems without coming up with solutions. The suggestion of a sub-committee focusing on pension debt was brought up. B. Village& Sports Core Finances Don Adler presented preliminary report, goal of tonight's meeting is to decide what should be included in the report. It was suggested that the focus should be on increasing revenues instead of just cutting costs. Lively discussion ensued regarding pension funding and other Village issues. Al Koren motioned to move the meeting forward and review Don's report. James DePhillips seconded. Voice vote, one no vote by Connie Xinos. Motion carried. Don moves forward with presentation of his report. Touches on points regarding the departure of high profile businesses and the addition of residential projects that will have long-term effects and possibly change the dynamic of the Village. Don continued to go through report,pointing out the diminishing of resources. Discussions turn toward the various restricted funds including the water fund and selling off Village assets outside of the Village boundaries. In depth talk about the daytime population, business registration. Continues into section regarding ordinances regarding budgets and taxation,the staple of no property taxes, enterprise funds being self-sufficient, water fund is but Sports Core fund is not, and that the.Village needs 6 months of funds in the operating account—funds are dropping. Presented different possible cost saving situations. Segway into firefighter scenarios at different municipalities, and the restrictions on changing the Oak Brook fire department. More in-depth discussion regarding fire department situations continued. Touched on legislation that was passed which will require the collection of local sales tax incurred from internet sellers,IRS is still trying to figure out the details. Conversation turned to infrastructure; the 5 year plan doesn't include any grants what we receive; a water main project that was included was paid for by Hines. Talk turns to the Sports Core and getting kids there, Park District taking over, keeping golf, competition, and marketing. The need for a referendum in order to allow the sale of the Sports Core. Circles back to Preliminary Report, spoke about IMRF and pensions. The difference between pension plans and pension funds. The need for the Village to be more involved. Consolidation of pensions. After lengthy conversation, Don comes back to his report and the Sports Core,touching on the one million dollar pool renovation, and mission of the committee to come up with ideas to make the Bath & Tennis Club profitable or at least to lose less money. The committee will do a separate report on the Sports Core. Timing and preliminary thoughts on contents—Don Adler motioned to vote on the content of the report, Jim DePhillips seconded. Voice vote. Motioned carried. They will have it to Village Staff by the Thursday before the September 10th board meeting for inclusion in the Agenda Packet. Motion to adjourn by Al Koren seconded by James DePhillips. Voice vote. Motion carried. Meeting adjourned at 9:40 ATTEST: ,� , 9 Connie Reid Date Executive Assistant Village of Oak Brook