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05/28/1985 Special Meeting1 305. MINUTES OF THE SPECIAL MEETING OF THE CITY COUNCIL OF THE CITY OF DES PLAINES, ILLINOIS, HELD IN THE ELEANOR ROHRBACH MEMORIAL COUNCIL CHAMBERS, DES PLAINES CIVIC CENTER, TUESDAY, MAY 28, 1985 CALL TO ORDER: The Special Meeting of the City Council of the City of Des Plaines was called to order by Mayor John E. Seitz at 8:05 P.M. in the Eleanor Rohrbach Memorial Council Chambers, Des Plaines Civic Center. ROLL CALL: Roll call indicated the following aldermen present: Muehlenbeck, Kolinski, Bonk, Martin, Wetter, Schneck, Kisslinger, Gebert, Sarlo, Chiropolos, Ward, Zanca. Absent were Aldermen Volberding, Adams, Hardiman and Addante. Alderman Adams arrived at 8:14 P.M. Also present were: Municipal Development Department Director Richardson, City Engineer Schrake, City Comptroller Blietz and City Attorney Smith. PLEDGE: Pledge of Allegiance to the Flag was said by those present. PURPOSE: Mayor Seitz announced that the purpose of the meeting was to consider the designation of a Redevelopment Project Area under the "Real Property Tax Increment Allocation Redevelopment Act" and for the purpose of approving a Redevelopment Plan and Redevelopment Projects for the Ellinwood area. PROJECT Executive Director of the Economic Development Commission, REVIEW AND Jack Klaus, gave an overview of the project followed by PUBLIC Don Eslick, Vice President of Kane, McKenna & Associates, INPUT: financial advisor for the project. AUTHORIZING ORDINANCES: Mayor Seitz asked for public input and Philip G. Prassas, 823 Westwood Lane, Wilmette, IL, 60091, owner of the property at Lee and Ellinwood Streets, expressed his objection to the project. Several general questions were asked by others present, but no formal objections were stated. Mayor Seitz advised that written and oral notices had been received from several taxing bodies, e.g. high school district, grade school district and park district that they were not opposed to the project. Also, the City's two local banks have given their assurance that the necessary loans would be granted. Moved by Martin, seconded by Kisslinger, to authorize the City Attorney to draft the necessary ordinances to adopt Tax Increment Financing, approve the Tax Increment Redevelopment Project Area, and approve the Tax Increment Redevelopment Plan and Redevelopment Project. Motion declared carried unanimously. ADJOURNMENT: Moved by Bonk, seconded by Ward, that the Special Meeting of the City Council adjourn. Motion declared carried. Meeting adjourned at 9:40 P.M. APPROVED BY ME THIS Donna McAllis er, CMC - CITY CLERK