Jo-Carroll Depot LRA Board of Directors

Meeting Minutes

OCTOber 6, 2010

 

I. CALL TO ORDER:  Chairman Bill McFadden called the board meeting to order at 3:06 p.m. on Wednesday, October 6, 2010 at the Jo-Carroll Depot LRA Conference Room, 3651 Crim Dr., Suite 1, Savanna, Illinois.

 

II. ROLL CALL was answered as follows: Present-Don Crawford, Paul Hartman, Steve Keefer, Bill Wright and Bill McFadden. Present: 5 Ayes: 5. Nays: 0.

Absent -Ed Olds and Ron Smith.  Absent: 2. LRA attorney and staff present: Phil Jensen, Mara Roche and Jan Davis.  Guests present: Tom Kamper (RVPR), Amiee Malon (RVPR), Laura Roach (L&M Environ), Warren Jackman and Floyd England.

 

III. PLEDGE OF ALLEGIANCE was recited.

 

IV. Executive Session

 

A motion to enter closed session at 3:07 p.m. as permitted for the following under:

 

5 ILCS 120/2(c)(1) the appointment, employment, compensation, discipline, performance or dismissal of specific employees of the public body or legal counsel for the public body, including hearing testimony on a complaint lodged against an employee of the public body or against legal counsel for the public body to determine its validity

 

was made by Bill Wright, seconded by Don Crawford. The motion carried by roll call vote as follows: Don Crawford, Paul Hartman, Steve Keefer,

Bill Wright and Bill McFadden.  Ayes: 5, Nays: 0

 

Guests were excused.  Attorney Phil Jensen and LRA staff Mara Roche and Jan Davis were present.

 

A motion to return to open session at 3:16 p.m. was made by Paul Hartman, seconded by Bill Wright. The motion carried by roll call vote as follows: Don Crawford, Paul Hartman, Steve Keefer, Bill Wright and Bill McFadden.  Ayes: 5, Nays: 0.

 

Guests returned to open session.

 

V. AGENDA ADDITIONS – Dates on the Consent Agenda items A and B were changed from August 4, 2010 to September 1, 2010.

 

 

VI. CONSENT AGENDA

A.     Minutes of Board Meeting regular of August 4, 2010 September 1, 2010.

B.     Minutes of Executive session of August 4, 2010 September 1, 2010.

C.    Minutes of Special Board Meeting of August 25, 2010.

D.    CD transfers approved by Finance Committee, if any.

E.     Bills over $2,500 approved by Finance Committee, if any.

 

A motion to approve the consent agenda was made by Don Crawford, seconded by Steve Keeffer.  The motion carried by voice vote.

 

VII. OLD BUSINESS

            A. Committee Reports

                        1. Finance/Personnel Committee

a. CD transfers – Bill McFadden reported that as the FDIC insurance coverage is $250,000.00, placing funds up to that amount at East Dubuque Savings Bank would be safe.

 

A motion to approve the transfer of the funds of approximately $106,139.30 from Certificate of Deposit #401655 currently held at THE National Bank in Savanna to East Dubuque Savings Bank, to be invested into a 12 month Certificate of Deposit at 1.40% was made by Bill Wright, seconded by Paul Hartman.  The motion carried by voice vote.

 

b. Update on outstanding invoices – report was reviewed and discussed.

c. Personnel

 

A motion to approve a $1,000 bonus to Jan Davis for her work during the LRA’s crisis of Diane Komiskey’s passing and Mara Roche’s simultaneous maternity leave was made by Bill Wright, seconded by Paul Hartman.  The motion carried by voice vote.

 

A motion to approve the combination of the Executive Director and the Property Manager positions; those combined duties will be assigned to Mara Roche, her title to be Executive Director, salary to be increased by 10% and retroactive to previous pay period was made by Bill Wright, seconded by Paul Hartman.  The motion carried by voice vote.

 

                        2. Infrastructure Committee

a. Capital Improvement Plan – An updated estimate was received from Peerless Service Company for the Well 260 project of $6,000.00 - $9,000.00.

 

A motion to proceed with the Well 260 Project as shown in the 2010 Capital Improvement Plan, costs not to exceed $9,000.00 was made by Steve Keeffer, seconded by Paul Hartman.  The motion carried by voice vote.

 

                                    b. Mark and Laura Roach of L&M Environmental Services – expedite acquisition of property under First Right of Refusal.

Attorney Phil Jensen drafted and presented two documents; a Rescission Agreement between L&M Environmental and the Jo-Carroll Depot LRA that will rescind the First Right of Refusal agreement of August, 2009, and an Offer to Purchase Agreement for Parcel 3A, Lot 7, with the same terms as the original First Right of Refusal.

 

A motion to approve the Rescission Agreement between L&M Environmental and the Jo-Carroll Depot LRA that will rescind the First Right of Refusal agreement of August, 2009, and the Offer to Purchase agreement between L&M Environmental and the Jo-Carroll Depot LRA for Parcel 3A, Lot 7, with the same terms as the original First Right of Refusal was made by Steve Keeffer, seconded by Don Crawford.  The motion carried by voice vote.

 

3. Economic Development Committee

                                    a. Lot 1 – The Board discussed the potential buyers’ desire to have access to the building prior to closing in order to start making improvements.  Phil Jensen recommended a 4 month lease agreement at $1 per month, including providing us with proof of insurance and the LRA being listed as additional insured.

 

A motion to approve the sale of Lot 1 with the former Army Headquarters Building for the price of $17,500.00 plus the legal fees for title and deed, total not to exceed $20,000.00 to Ka-Ching Global Sourcing Inc.; in addition, prior to the closing a Lease Agreement for the term of 4 months at $1 per month, including proof of insurance will be granted to the purchasers was made by Don Crawford, seconded by Paul Hartman.  The motion carried by voice vote.

 

b. Memorial for Diane Komiskey

 

A motion to approve the donation of $100 to the Timber Lake Playhouse as a memorial to Diane Komiskey was made by Don Crawford, seconded by Bill Wright.  The motion carried by voice vote.

 

           

VIII. NEW BUSINESS

            A. Bills over $2,500 received since committee met - none

B. Lease or sale of property – Attorney Phil Jensen gave updates on:

The pending sale of the Stables to Scott Lombardo - we have title commitment, deed paperwork has been sent to Scott Lombardo; waiting to finalize.

The sale to Eastland Feeds - title ordered, draft deed done, waiting for title commitment.  The water main work will be started as all of the necessary approvals have been received.

The sale of Parcel 3A to Riverport - nothing has been started.  However an Occupancy Agreement will be drafted to allow them to start moving dirt for the new truck scale.

 

A motion to approve an Occupancy Agreement with Riverport Railroad to allow them to start moving dirt for the new truck scale was made by Paul Hartman, seconded by Steve Keeffer.  The motion carried by voice vote.

 

C. Staff Reports       

            1. Executive Director

a. Monthly report / issues update – No report.                              

                        2. Property Manager – Mara Roche reported that the flood pumps at the water treatment plant are running once again due to the high water; this will result in a higher electric bill.  She also reported that we have had some interest in our available properties.

                                    a. Correspondence – No report.

                                    b. Property Transfers – No report.

c. Employment reports – Employee numbers for the month

of September were 64.

                        3. Bookkeeper

a. Bank account balances/funds on hand - As of

October 5, 2010 the grand total of LRA money is $1,756,714.82.

b. Cash Flow – September cash flow was as follows: $13,733.08 income, $24,981.25 expenses indicating a difference of ($11,248.17).

c. Budget Update – Ten months into the budget year, revenue was $195,175.48 and $242,183 was budgeted, and expenditures were $247,572.06 with $613,122 budgeted.

D. Board of Directors Report

1. UMRI Port Authority – no report

2. Foreign Trade Zone #271 – Mr. Don Crawford reported that a meeting was held in September and that the Danisco sub-zone will be activated at the first of the year.  

3. Jo-Carroll Enterprise Zone – no report

                        4. Other director’s reports – none

            E. Attorney’s Report

1. Progress on collection of judgment – Attorney Phil

Jensen reported that the third and final payment was received from Mr. Giokas and a Satisfaction of Judgment was filed.

                        2. Use Agreements

3. Recommendations – None

            F. Other new business

 

IX. OTHER REPORTS TO THE BOARD

A.  Commander’s Rep – Written report was reviewed.

B.  Depot Park Tenants – no reports

C.  US Fish & Wildlife Service – No one present.

D.  Guests

 

X. PUBLIC COMMENTS – None.

 

XI. ADJOURNMENT

A motion to adjourn was made at 3:40p.m. by Paul Hartman, seconded by Bill Wright.  The motion carried by voice vote.  

 

_________________________

Jan Davis, LRA Board Secretary