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R-1926 - 01/26/2021 - MUNICIPAL - Resolutions ITEM 8.A.1 BOARD OF TRUSTEES MEETING VILLAGE OF UPPER LEVEL CONFERENCE ROOM OAK BR , K - BUTLER GOVERNMENT CENTER 1200 OAK BROOK ROAD OAK BROOK, ILLINOIS 630-368-5000 AGENDA ITEM Regular Board of Trustees Meeting of January 26, 2021 SUBJECT: Hotel and Tourism District 2% Infrastructure Fund - Windsor Drive FROM: Riccardo F. Ginex, Village Manager BUDGET IMPACT: $3,806,250 RECOMMENDED MOTION: I Move to Approve Resolution 2021-HTL/MTL-FUND- R-1926,a Resolution Authorizing the Use of Hotel/Motel Infrastructure Funds for the North Windsor Drive Widening and Beautification Improvements Project. Background/History: At the January 12th Board meeting there was discussion regarding using the 2%Hotel Infrastructure Fund, which is earmarked for infrastructure costs in the Hotel District, for the widening of Windsor Drive. This roadway is in the Hotel and Tourism District and the new Hyatt House Hotel is located there since September of 2017. The projected remaining costs is approximately $3,806,250 dollars. Presently, we have $4,425,000 in the 2%Hotel Infrastructure Fund. There was Board consensus to do so and they asked staff to bring forward a resolution authorizing the use of those funds for Windsor Drive. Recommendation: The resolution is passed as presented. BOT AGENDA Page 1 1?G y.t.unui.OYIY.NYNINYYOlt", ,r .. % ..�.�..-''•-'y Village of Oak Brook = A Hotel and Tourism District j ■■^JqE-� - 'f�'r 'R !E I sib ! j r.r.r 1 i Ir'44 u� `y`1 J`,✓ � •��I ♦�� , }f✓, r.s ' ............ LI i J F � �J e� it _� � I � m}ueer�r�■yi j ; .,... F �e .... a �....-.. � r_�� `'Jr � ! � ..,�.•,����C� 9 - �/I.III.I.I.I.III.Y ,'-"��DIY.IN�.�Y�41.IY.IMI.IN.I.YI.I.N Hotel and Tourism District coo.oAium �LLLLINN.INR. + !' SIE Locations of Hotels Tourist Attractions THE VILLAGE OF OAK BROOK COOK AND DUPAGE COUNTIES, ILLINOIS RESOLUTION 2021-HTL/MTL-FUND-R-1926 A RESOLUTION AUTHORIZING CERTAIN EXPENDITURES TO BE ALLOCATED AND PAID FROM THE HOTEL & TOURISM FUND FOR THE NORTH WINDSOR DRIVE WIDENING AND BEAUTIFICATION IMPROVEMENTS PROJECT GOPAL G. LALMALANI, Village President CHARLOTTE K. PRUSS, Village Clerk JOHN BAAR PHILIP CUEVAS MICHAEL MANZO MOIN SAIYED EDWARD TIESENGA ASIF YUSUF Village Board Published in pamphlet form by authority of the President and the Board of Trustees of the Village of Oak Brook on this the 26th day of January, 2021 Resolution 2021-HTL-MTL-FUND-R-1926 Authorizing Certain Expenditures for North Windsor Dr. Page 2 of 4 RESOLUTION NO.2021-HTL/MTL-FUND-R-1926 A RESOLUTION AUTHORIZING CERTAIN EXPENDITURES TO BE ALLOCATED AND PAID FROM THE HOTEL&TOURISM FUND FOR THE NORTH WINDSOR DRIVE WIDENING AND BEAUTIFICATION IMPROVEMENTS PROJECT WHEREAS,the Village of Oak Brook(hereinafter referred to as the"Village")is an Illinois Municipal Corporation organized pursuant to the laws of the State of Illinois; WHEREAS,the Village has the authority to adopt ordinances and to promulgate rules and regulations that pertain to its government and affairs that protect the health,safety and welfare of its residents including the adoption and imposition of certain taxes; WHEREAS,the Village pursuant to 65 ILCS 5/8-3-4 has previously adopted a Hotel and Motel Tax which has been implemented for the purpose of promoting tourism and conventions or otherwise to attract nonresident overnight visitors to the Village of Oak Brook; WHEREAS, the Village currently utilizes the funds derived from said tax to promote tourism and conventions as well as provide certain infrastructure improvements that will enhance those designated areas and zones in which hotels and motels are located in order to support the continued development and patronage of those areas,zones and the Village at large; WHEREAS, the Village is currently in the process of making certain improvements to Windsor Drive which will only augment and further support the hotels and motels in the designated area and zone further enhancing the ability of the patrons to utilize the services of those businesses in the respective areas and zones as well as throughout the Village; WHEREAS,the Corporate Authorities of the Village desire to allocate funds from the Hotel and Tourism Fund to assist in the payment for the improvements in and around Windsor Drive, currently referred to as The North Windsor Drive Widening and Beautification Improvements Project; WHERAS, the Corporate Authorities of the Village of Oak Brook further find that the allocation and use of the funds from the Hotel &Tourism Fund is necessary and proper and without the use of said funds the project referenced herein would be unable to proceed;and WHEREAS,the Corporate Authorities of the Village of Oak Brook are of the opinion that that it is in the best interests of the safety,health and welfare of the residents to allocate the funds as referenced herein. NOW, THEREFORE, BE IT RESOLVED, in open meeting assembled by the Village President and Board of Trustees of the Village of Oak Brook,Cook and DuPage Counties,Illinois as follows: 2 Resolution 2021-HTL-MTL-FUND-R-1926 Authorizing Certain Expenditures for North Windsor Dr. Page 3 of 4 Section One-Recitals The Board of Trustees hereby find that all of the recitals hereinbefore stated as contained in the preamble to this resolution are full,true and correct and do hereby,by reference,incorporate and make them part of this resolution as legislative findings. Section Two—Allocation of Hotel&Tourism Funds/Windsor Drive Improvements The Village Board hereby authorizes the use of funds from the Hotel&Tourism Fund in an amount not to exceed $3,806,250.00 (three million eight hundred and six thousand two hundred fifty dollars and no cents)for the purpose of assisting in the payment of enhancements and improvements to Windsor Drive otherwise referred to as the North Windsor Drive Widening and Beautification Improvements Project. Section Three—Effective Date This resolution shall be in full force and effect from and after its passage, approval and publication as provided by law. Section Four-Conflict Clause That all resolutions,parts of resolutions or board actions in conflict with the terms of this resolution shall be repealed to the extent of said conflict. Section Five-Passage Clause That this resolution shall take full force and effect from and after its passage,approval and publication as provided by law. Section Six-Constitutionality Clause If any section, paragraph,clause or provision of this resolution is declared by a court of law to be invalid or unconstitutional,the invalidity or unconstitutionality thereof shall not affect the validity of any other provisions of this resolution,which are hereby declared to be separable. Section Seven-Publication This resolution shall be published in book or pamphlet form as provided by the Illinois Municipal Code. Section Eight-Recording This resolution shall be entered into the minutes and upon the journals of the Board of Trustees of the Village of Oak Brook. Remainder of Page Intentionally Left Blank 3 Resolution 2021-HTL-MTL-FUND-R-1926 Authorizing Certain Expenditures for North Windsor Dr. Page 4 of 4 APPROVED THIS 26th day of January, 2021 , Gopal G. Lalmalani Village President PASSED THIS 26th day of January, 2021 Ayes: Trustees Baar, Cuevas, Manzo, Saiyed, Tiesenga, and Yusuf Nays: None Absent: None a F 041rATTEST: + `# 7K ' Charlotte K. Pruss Village Clerk \OU�d7Y 4