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03-10-2004 Special Meeting133 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, WEDNESDAY, MARCH 10, 2004 CALL TO ORDER: The Special meeting of the City Council of the City of Des Plaines, Illinois, was called to order by Mayor Anthony W. Arredia at 7:00 A.M. in the Eleanor Rohrbach Memorial Council Chambers, Des Plaines Civic Center on Wednesday, March 10, 2004. ROLL CALL: Roll call indicated the following aldermen present: Murphy, Sayad, Becker, Smith, Argus. Aldermen Beauvais, Christiansen and Brookman were absent. Alderman Christiansen arrived at 7:01 a.m. Alderman Beauvais arrived at 7:09 a.m. Alderman Brookman was absent. Also present were: City Manager Niemeyer and City Attorney Wiltse. CONSIDERATION OF REDEVELOPMENT AGREEMENT/ GAMING LICENSE: MAYOR ARREDIA DECLARED THAT THE CITY COUNCIL WAS NOW RESOLVED INTO A COMMITTEE OF THE WHOLE COMMUNITY DEVELOPMENT -Alderman Becker, Chair Alderman Becker reviewed City Manager Niemeyer's memo of March 8, 2004, which summarizes the auction process for the gaming license, Midwest Gaming's revenue sharing proposal to the City and the incentives the City is being asked to offer. Moved by Sayad, seconded by Murphy, to recommend to the City Council to approve the execution of a Business Redevelopment Agreement between Midwest Gaming & Entertainment, LLC, Lamb Partners, 9 O O N. Michigan Ave., Suite 1900, Chicago, IL 60611 and the City of Des Plaines; and further recommend that Resolution R-30-04 be adopted at appropriate time. Mr. James Blue, 1771 Sherwood Road, addressed the Committee of the Whole asking for clarification on the incentives the City is offering to Midwest Gaming. Alderman Becker summarized the incentives and revenue sharing. Mr. Vince Powers, 862 Webster Lane, addressed the Committee of the Whole stating that the auction is a bidding war right now; we will be getting less than what was promised to the residents; Midwest Gaming may come back to the City later today for more incentives. Mr. Scott Moore, Jenner & Block, Attorney for Midwest Gaming, addressed the Committee of the Whole stating that there is no anticipation of coming back to the City for more incentives today; they are looking at other sources of revenue to fill the gap. Upon roll call, the vote was: AYES: 6-Beauvias, Christiansen, Murphy, Sayad, Becker, Argus NAYS: 1-Smith ABSENT: 1-Brookman Motion declared carried. MAYOR ARREDIA ASSUMED THE CHAIR AND DECLARED THE CITY COUNCIL BACK IN SESSION REDEVELOPMENT AGREEMENT: Resolution R-30-04 RECESS: ADJOURNMENT: DAY OF 134 03/10/04 PAGE TWO Moved by Becker, seconded by Sayad, to concur with recommendation of Committee of the Whole to adopt Resolution R-30-04, A RESOLUTION AUTHORIZING THE EXECUTION OF A BUSINESS DEVELOPMENT AGREEMENT BETWEEN MIDWEST GAMING AND ENTERTAINMENT, LLC AND THE CITY OF DES PLAINES. Upon roll call, the vote was: AYES: NAYS: 6-Beauvais, Christiansen, Murphy, Sayad, Becker, Argus 1-Smith ABSENT: 1-Brookman Motion declared carried. Moved by Sayad, seconded by Murphy, that the Special meeting of the City Council recess until 5: 00 p.m. today. Motion declared carried. The City Council recessed at 7:53 a.m. The City Council reconvened at 5:02 p.m. Roll call indicated the following aldermen present: Beauvais, Sayad, Smith, Argus, Arredia. Moved by Sayad, seconded by Beauvais, that the special meeting of the City Council adjourn. Motion declared carried. Meeting adjourned at 5:06 p.m . . ~ MAYOR