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10-16-2006 Special MeetingMINUTES 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, MONDAY, OCTOBER 16, 2006 111 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 11:00 a.m. in the Eleanor Rohrbach Memorial Council Chambers, Des Plaines Civic Center on Monday, October 16, 2006. ROLL CALL: Roll call indicated the following aldermen present: Beauvais, Christiansen, Sayad, Becker, Smith. Aldermen Murphy, Brookman and Argus were absent. Alderman Murphy arrived at 11: 01 a .m. Alderman Argus arrived at 11:04 a.m. Also present were City Manager Niemeyer, Deputy Director of Community & Economic Development Angell, City Attorney Wiltse; and City's outside legal counsel for proposed TIF District #4, Erika Kruse, Acosta, Kruse & Zemenides, LLC, 6336 N. Cicero Avenue, #202, Chicago, IL 60646, and City's financial consultant, Robert Rychlicki, Kane, McKenna & Associates, Inc., 150 N. Wacker Drive, #1600, Chicago, IL 60606. INTERGOVERN. AGREEMENT/ SCHOOL DIST. #62 & #207 AND D.P. PARK DIST. RE TIF #4 -FIVE CORNERS: Resolution R-142-06 Mayor Arredia introduced City's outside legal counsel for proposed TIF District #4, Erika Kruse, who reviewed the Intergovernmental Agreement with School District # 62 , High School District #207 and the Des Plaines Park District regarding the revenue sharing for the proposed TIF District #4 -Five Corners (Rand Road-River Road-Golf Road) ; which will be distributed as follows: School District #62 -53%, High School District #207 -38% and Des Plaines Park District -9%. Moved by Becker, seconded by Beauvais, that the Mayor and City Clerk be authorized to execute "Intergovernmental Agreement Regarding the Proposed Five Corners Tax Increment Financing District" with Des Plaines Elementary School District #62, High School District #207 and the Des Plaines Park District, providing for revenue sharing of various tax monies from the proposed TIF District #4 - Five Corners (Rand Road-River Road-Golf Road); and adopt Resolution R-142-06, A RESOLUTION AUTHORIZING THE EXECUTION OF AN INTERGOVERNMENTAL AGREEMENT BETWEEN THE CITY OF DES PLAINES, ELEMENTARY SCHOOL DISTRICT 62, HIGH SCHOOL DISTRICT 207 AND THE DES PLAINES PARK DISTRICT. Alderman Sayad asked what would happen if the area did not generate the funds. Attorney Kruse said the revenue would fall to 80%; the City does not have to make up the difference. Alderman Murphy asked how this will be paid. Attorney Kruse said out of the sales tax from the new businesses. City Manager Niemeyer said a separate account will be set up; this money will not be taken out of the General Fund. Alderman Sayad stated that he is concerned that this will start a precedent with this action; we don't know what the condition of the city will be; he hopes we won't have to raise taxes to pay for this; he is not happy. Attorney Kruse said you can set the size and scope of this TIF; it won't be like any other. TIF #4 (Cont'd. ) ADJOURNMENT: PAGE TWO 112 10/16/06 Moved by Smith, seconded by Sayad, to suspend the rules to permit public input on this matter. Motion declared carried. Mr. Brian Burkross, 2133 Webster Lane, addressed the City Council stating he is disappointed that this meeting i s being held at the last minute; most residents don't know what is going on; it is another example of how this administration is slapping the people in the face; the City will receive only 2% of the 8%; many things are going to come up. Mrs. Barbara Van Slambrouck, 286 Stratford Road, addressed the City Council stating that she couldn't find this resolution on the Web; can we get a copy. City Manager Niemeyer said yes. Mrs. Van Slambrouck asked what would be the total increment deverted from the other taxing bodies. Attorney Kruse said approximately #19 million. Mrs. Van Slambrouck asked how much of this $19 million will be made up. Attorney Kruse said we don't know the answer to that because we don't know what the property taxes and the sales taxes will be. Mrs. Van Slambrouck asked how much will be given back to the taxing bodies. City Manager Niemeyer said approximately $7.7 million. Upon roll call on the motion, the vote was: AYES: 5-Beauvais, Christiansen, Becker, Smith, Arredia NAYS: 3-Murphy, Sayad, Argus ABSENT: 1-Brookman Motion declared carried. Moved by Becker, seconded by Murphy, that the Special meeting of the City Council adjourn. Motion declared carried. Meeting adjourned at 11:30 a.m. Donna McAllister, MMC CITY CLERK 2006