HomeMy WebLinkAbout2010-08-30 Special MinutesMINUTES OF THE AUGUST 30, 2010, SPECIAL MEETING
Pursuant to proper notice in accordance with the Open Meetings Act, the special meeting was called to
order at 5:30 pm by Village President Daniel J. Staackmann who led the assemblage in the pledge of
allegiance. In attendance were:
Elected Officials: Mayor Daniel J. Staackmann, and Trustees Dan DiMaria, Larry
Gomberg, William Grear, Sheldon Marcus, John Thill, Maria Toth and
Village Clerk Tony Kalogerakos
Absent None
Village Staff: Village Administrator Joseph F. Wade, Corporation Counsel Teresa
Hoffman Liston, Fire Chief Tom Friel, and Community and Economic
Development Director John D. Said
Also Present: Special Labor Counsel Ted Clark, Steve Friedman and Jewel Walton of
S.B. Friedman and Associates
Mayor Staackmann stated the first items of business were the discussion pending litigation, personnel
matters, labor negotiations, and real estate, all of which are appropriate topics for Executive Session.
Trustee DiMaria then motioned to adjourn to Executive Session to discuss pending litigation,
personnel issues, real estate matters, and labor negotiations. The motion was seconded by Trustee
Gomberg and approved unanimously pursuant to a roll call vote at 5:30 pm.
The Executive Session adjourned at 7:02 pm The special meeting resumed at 7:13 pm.
Mayor Staackmann introduced Doug Dinus who is the Director of Development for Essex Corporation
of Omaha, Nebraska. Essex has entered into a 99 year land lease with the owners of certain property
on Lincoln Avenue and wish to develop the property as an independent senior living facility. The
development would include 82 units (20% of which would be deemed affordable for persons whose
incomes were $30,000 or less. The four -story building would have covered parking, balconies, and a
flat roof. Essex has been in business for over 35 years and develops and manages senior living
facilities. This project will be known as The Homestead of Morton Grove. Units will be between 750
square feet and 1,400 square feet. A 1,250 square foot unit would be rented at $840 per month for the
affordable units and approximately $2,100 per month for the market rate units. This rent includes tax
assessments and all utilities. Mr. Dinus stated the development would be completed either by
December 2011 or March 2012.
A general discussion then ensued whereupon Trustee DiMaria moved to adopt Resolution 10 -65,
Authorizing the Negotiations of an Economic Incentive and Tax Increment Allocation Financing
Development Agreement by and between the Village and Essex Corporation. The motion was
seconded by Tr Toth. Motion passed: 6 ayes, 0 nays, 1 absent
Trustee DiMaria also moved the Village adopt Resolution. 10-66, Authorizing Economic
Development Agreements Between the Village of Morton Grove, North Star Trust Company,
and L & K Restaurants of Morton Grove, LLC.
An agreement with the property owner of 7200 Harlem (North Star Trust Company) provides the
shopping center owner will enter into a lease with L & K Restaurants for the operations of a Culver's
Restaurant. The property owner will also demolish the existing bank building currently on the premise
and will install certain infrastructure improvements. In return the Village will provide a $60,000 one
time payment incentive to the owner.
The redevelopment agreement with L & K Restaurants, LLC provides if L & K Restaurants of Morton
Grove, LLC enters into a lease with the property owner of 7200 Harlem Avenue and operates a
Culver's Restaurant on that site, the Village will provide certain financial incentives which include: a
$25,000 reimbursement for property tax payments to be paid over five years. A sales tax sharing
agreement sharing up to $125,000 of sales taxes generated from the Culver's Restaurant for the first
ten years. If the store exceeded expectations and grossed more than $2,300,000 per year in sales, the
Village would increase its sales tax sharing and provide up to $75,000 in additional financial
incentives. Trustee DiMaria stated the Culver's store was important for the shopping center and the
overall economic health and growth of the Village.
Tr DiMaria moved to approve Resolution 10 -66, seconded by Tr Grear. Motion passed: 6 ayes, 0
There being no further business, Trustee DiMaria moved to adjourn the special meeting and resume the
Executive Session. Trustee Thill seconded the motion. Motion passed unanimously pursuant tot a roll
call vote at 7:42 pm.
At the conclusion of the Executive Session, Trustee DiMaria moved to adjourn e S ecial Meeting.
The motion was seconded by Trustee Grear and approved unanimously pursua Ito , vote at 9:03
Minutes by: o `y Kalogerakos; Village Clerk
Special meeting minutes.08 -30 -10