notice and agenda - oswego, illinois › pdf › 2015.11.17spclvb.pdfnov 17, 2015 · eco...

Posted: Date: ___________ Time: ___________ Place: ___________ Tina Touchette Initials: ___________ Village Clerk

100 Parkers Mill • Oswego IL. 60543 • (630) 554-3618 • Fax: (630) 554-3306 Website: www.oswegoil.org

NOTICE AND AGENDA

SPECIAL MEETING OSWEGO VILLAGE PRESIDENT AND BOARD OF TRUSTEES

November 17, 2015 at 6:00 P.M.

Location: Oswego Village Hall, 100 Parkers Mill, Oswego, IL

Notice: Village of Oswego ordinances permit the waiving of second reading of ordinances whenever approved by a vote of the Village Board, therefore, any ordinance listed on the agenda may be adopted at this

meeting whether it is indicated for First Read or Second Read.

Next Ordinance Number 15-69; Next Resolution Number 15-R-75

A. CALL TO ORDER AND PLEDGE OF ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA

B. CONSIDERATION OF AND POSSIBLE ACTIONS ON ANY REQUESTS FOR

ELECTRONIC PARTICIPATION IN MEETING C. ROLL CALL D. RECOGNITIONS/APPOINTMENTS E. PUBLIC FORUM F. STAFF REPORTS 1. Village Attorney 2. Village Administrator 3. Chief of Police 4. Director of Public Works/Village Engineer 5. Community Development Director a. Motion to Waive the Building Permit Fee for Fence Replacement at American Legion in the Amount of $112.50 6. Building and Zoning Manager 7. Finance Director a. Motion to Accept the Police Pension Fund Actuarial Report 8. Assistant Village Administrator/HR 9. Village Clerk 10. Community Relations Manager 11. Economic Development Director a. Economic Development Commission Meeting Update

Agenda of a Special Meeting Oswego Village President and Board of Trustees November 17, 2015 G. CONSENT AGENDA 1. Minutes a. November 3, 2015 Committee of the Whole Meeting b. November 3, 2015 Regular Village Board Meeting c. November 3, 2015 Closed Session Minutes (Approve, but Not Release) 2. Bill List Dated November 17, 2015 in the Amount of $683,818.67. 3. Resolution Authorizing the Renewal of the Village’s Liability, Property, Workers

Compensation, and Cyber Liability Coverages Through IMIC, IPRF and Arthur J. Gallagher in the Amount of $545,038.

4. Ordinance Amending Title 3 Chapter 7, Decrease Class “B” Liquor License for Oswego Earth Market, 6501 US Highway 34. (First Read of Ordinance, Waiver of Second Read).

H. OLD BUSINESS 1. Ordinance Providing for the Levying, Assessment and Collection of Taxes for the 2015 Tax

Year of the Village of Oswego in the Amount of $1,274,551. (Option 1) Attachment: Memo and Ordinance Action: Second Read of Ordinance

2. Ordinance Providing for the Levying, Assessment and Collection of Taxes for the 2015 Tax Year of the Village of Oswego in the Amount of $1,219,638. (Option 2)

Attachment: Memo and Ordinance Action: Second Read of Ordinance

3. Adopt the Property Tax Levy Abatement Ordinances.

a. 2006A General Obligation Bond Levy Abatement Ordinance b. 2006B General Obligation Bond Levy Abatement Ordinance c. 2009 General Obligation Bond Levy Abatement Ordinance d. 2011 General Obligation Bond Levy Abatement Ordinance e. 2012 General Obligation Bond Levy Abatement Ordinance f. 2013 General Obligation Bond Levy Abatement Ordinance g. 2014 General Obligation Bond Levy Abatement Ordinance Attachment: Memo and Ordinances

Action: Second Read of Ordinances 4. Ordinance Amending Title 3 Chapter 31, Video Gaming

Attachment: Memo and Ordinance Action: First Read of Ordinance, Waiver of Second Read

I. NEW BUSINESS 1. Ordinance Approving a Variance for Fence Height and Setback at Garden Faire, 11 S. Madison

Street. Attachment: Memo and Ordinance Action: First Read of Ordinance, Waiver of Second Read

Agenda of a Special Meeting Oswego Village President and Board of Trustees November 17, 2015

J. PRESIDENT’S REPORT K. TRUSTEE REPORTS L. CLOSED SESSION 1. Pending and Probable Litigation [5 ILCS 120/2(c)(11)] 2. Appointment, Employment, Compensation, Discipline, Performance, or Dismissal of Personnel [5 ILCS 120/2(c)(1)] 3. Collective Bargaining, Collective Negotiating Matters, Deliberations Concerning Salary Schedules [5 ILCS 120/2(c)(2)] 4. Sale, Lease, and/or Acquisition of Property [5 ILCS 120/2(c)(5) & (6)] M. POSSIBLE ACTION OF CLOSED SESSION ITEMS INCLUDING: (None) N. CALENDAR UPDATE

Village Offices Closed: Thanksgiving Holiday, November 26-27 Christmas Walk, December 4-5

Groot Amnesty Days- November 16th - 20th; Free Yard Waste Pick-Up

Leaf Collection Zone C November 16 – 20

Location: Oswego Village Hall, 100 Parkers Mill, Oswego, IL Planning and Zoning Commission Meeting December 10, 2015 7:00 p.m. Economic Development Commission December 2, 2015 6:00 p.m. ECO Commission Meeting December 14, 2015 6:30 p.m. Cultural Arts Commission Meeting December 9, 2015 6:00 p.m. Committee of the Whole Meeting December 1, 2015 6:00 p.m. Village Board Meeting December 1, 2015 7:00 p.m. Historic Preservation Commission Meeting November 18, 2015 7:00 p.m. Administrative Adjudication November 19, 2015 5:00 p.m. Oswego Public Works Facility, 100 Theodore Drive, Oswego, IL ECO Electronics Recycling December 12, 2015 8:00 a.m. Oswego Law Enforcement Center, 3525 Route 34, Oswego, IL Police Commission Meeting December 3, 2015 5:00 p.m. Police Pension Board January 28, 2016 3:15 p.m. O. ADJOURNMENT

AGENDA MEMORANDUM

TO: Village President Gail Johnson and Board of Trustees

CC: Village Administrator, Village Attorney and Department Heads

FROM: Community Development Director, Rod Zenner

DATE: November 10, 2015

AGENDA: November 17, 2015 Village Board Meeting

SUBJECT: Building Permit Fee Waiver Request

Purpose:

To consider a request to waive the building permit fees for a fence repair.

Discussion:

The Oswego American Legion Post 675 has submitted a building permit application to replace

an existing fence at the rear of the building located at 19 W. Washington Street. They have

requested that the Village waive the building permit fee of $112.50 for the work. In the past the

Village has waived building permit fees for churches and non-profit organizations. The Village

recently waived the building permit fee for a roof repair for the American Legion in July of this

year.

Recommendation:

Staff recommends waiving the building permit fee for the fence repair.

100 Parkers Mill Oswego, IL 60543 (630) 554-3622 Fax: (630) 551-3975 www.oswegoil.org

AGENDA MEMORANDUM


CC: Village Administrator

FROM: Mark G. Horton, CPFO, Finance Director


AGENDA: November 17, 2015 Special Village Board Meeting

SUBJECT: 2015 Police Pension Fund Actuarial Report

Purpose

To discuss the 2015 Actuarial Report for the Police Pension Fund.

Background

Previous Village Board Action taken: The Village Board discussed the tax levy requirements

from the preliminary information provided from the actuary at the September 1, 2015 Committee

of the Whole meeting.

The Village of Oswego Police Pension Fund was created to accumulate monies to pay for the

retirement and or disability payments for the benefit of sworn police officers of the Village.

Illinois Compiled Statutes provide the guidance for governance and financing of the Fund.

(40 ILCS 5/3-125) (from Ch. 108 1/2, par. 3-125)

Sec. 3-125. Financing.

(a) The city council or the board of trustees of the municipality shall annually levy a tax upon

all the taxable property of the municipality at the rate on the dollar which will produce an

amount which, when added to the deductions from the salaries or wages of police officers, and

revenues available from other sources, will equal a sum sufficient to meet the annual

requirements of the police pension fund. The annual requirements to be provided by such tax levy

are equal to (1) the normal cost of the pension fund for the year involved, plus (2) an amount

sufficient to bring the total assets of the pension fund up to 90% of the total actuarial liabilities of

the pension fund by the end of municipal fiscal year 2040, as annually updated and determined

by an enrolled actuary employed by the Illinois Department of Insurance or by an enrolled

actuary retained by the pension fund or the municipality. In making these determinations, the

required minimum employer contribution shall be calculated each year as a level percentage of

payroll over the years remaining up to and including fiscal year 2040 and shall be determined

under the projected unit credit actuarial cost method. The tax shall be levied and collected in the

same manner as the general taxes of the municipality, and in addition to all other taxes now or

hereafter authorized to be levied upon all property within the municipality, and shall be in

100 Parkers Mill Oswego, IL. 60543 (630) 554-3618 Fax: (630) 554-3306 Website: http://www.oswegoil.org

addition to the amount authorized to be levied for general purposes as provided by Section 8-3-1

of the Illinois Municipal Code, approved May 29, 1961, as amended. The tax shall be forwarded

directly to the treasurer of the board within 30 business days after receipt by the county.

The Village has been contributing the amount determined by the actuary retained by the Village

to the Police Pension Fund annually. The Village Treasurer/Finance Director has been providing

the actuary the updated payroll information as of May 1 each year along with the fiscal year end

Illinois Department of Insurance financial report to complete the actuarial valuation.

requirements.

Discussion

The Finance Director will present the completed Actuarial Report to the Village Board

highlighting specific pages.

Funding

N/A

Recommendation

I would recommend the Village Board accept the Actuarial Report for the Police Pension Fund.

Strategic Planning Objective:

S.P.O. 1.1.1 Adopts balanced budgets and maintains expenditure levels within the revenue

stream.

VILLAGE OF OSWEGO

OSWEGO POLICE PENSION FUND

Actuarial Valuation Report

For the Year

Beginning May 1, 2015

And Ending April 30, 2016

Timothy W. Sharpe, Actuary, Geneva, IL (630) 262-0600

TWS

Actuary

TABLE OF CONTENTS

20GASB Statements No. 67 & 68 Disclosure

17GASB Statements No. 25 & 27 Disclosure

15Actuarial Assumptions

14Actuarial Method

13Summary of Plan Provisions

12Projected Pension Payments

12Duration

11Summary of Plan Participants

10Tax Levy Requirement

9Accrued Liability

8Normal Cost

7Asset Changes During Prior Year

6Actuarial Valuation of Assets

4Summary of Results

3Introduction

Page

INTRODUCTION

Police-sworn personnel of the Village of Oswego are covered by the Police Pension Plan that is adefined-benefit, single-employer pension plan. The purpose of this report is to provide to theIntended Users of this report, specifically the Intended Users are the Village Officials, thePension Board and the Village and Pension Board auditors, the reporting requirements of theIllinois Pension Code, the GASB Statements No. 25 & 27 and 67 & 68 financial information andrelated actuarial information for the year stated in this report. This report is not intended fordistribution or usage to or by anyone who is not an Intended User and should not be used for anyother purpose.

The valuation results reported herein are based on the employee data, plan provisions and thefinancial data provided by the Village. The actuary has relied on this information and does notassume responsibility for the accuracy or completeness of this information. I hereby certify thatto the best of my knowledge this report is complete and accurate and fairly presents the actuarialposition of the Fund in accordance with generally accepted actuarial principles and procedures.In my opinion, the assumptions used are reasonably related to the experience of the Plan and toreasonable expectations. A reasonable request for supplementary information not included inthis report should be directed to the undersigned actuary.

The actuary cautions the Intended Users of the possibility of uncertainty or risks in any of theresults in this report.

I, Timothy W. Sharpe, am an Enrolled Actuary and a member of the American Academy ofActuaries, and I meet the Qualifications Standards of the American Academy of Actuaries torender the actuarial opinion contained herein.

Respectfully submitted,

Timothy W. Sharpe, EA, MAAAEnrolled Actuary No. 14-4384

9/9/2015 Date

-3-

SUMMARY OF RESULTS

There was a change with respect to Actuarial Assumptions from the prior year to reflect revisedexpectations with respect to mortality rates, disability rates, turnover rates and retirement rates.The mortality rates, disability rates, turnover rates and retirement rates have been changed to thenew rates most recently published by the Illinois Department of Insurance (September 2012).

There were no changes with respect to Plan Provisions or Actuarial Methods from the prior year.

Based on the plan sponsor’s funding policy and future expected plan contributions and fundedstatus, the plan is to be expected to produce adequate assets to make benefit payments when theyare due.

The benefit payment default risk or the financial health of the plan sponsor was not deemed to bematerial.

Future actuarial measurements may differ significantly from the current measurements presentedin this report due to such factors as the following: plan experience differing from that anticipatedby the economic or demographic assumptions; changes in economic or demographicassumptions; increases or decreases expected as part of the natural operation of the methodologyused for these measurements (such as the end of an amortization period or additional cost orcontribution requirements based on the plan’s funded status); and changes in plan provisions orapplicable law.

Due to the limited scope of the actuary’s assignment, the actuary did not perform an analysis ofthe potential range of such future measurements.

There were no unexpected changes with respect to the participants included in this actuarialvaluation (1 new member, 0 terminations, 1 retirement (deferred), 0 incidents of disability,annual payroll increase 1.9%, average salary increase 4.2%).

There were no unexpected changes with respect to the Fund's investments from the prior year(annual investment return 6.75%).

The Village's Tax Levy Requirement has increased from $1,182,911 last year to $1,465,094 thisyear (23.9%). The increase in the Tax Levy is due to the increase in average salaries and thechanges to the assumptions. The Percent Funded has decreased from 69.4% last year to 66.9%this year.

-4-

SUMMARY OF RESULTS (Continued)

For Year EndingApril 30

1,182,911$1,465,094$Tax Levy Requirement

20152016

as ofMay 1

4,169,421$4,249,406$Annual Payroll

69.4%66.9%Percent Funded

493,674655,036Amortization of UnfundedAccrued Liability/(Surplus)

8,285,32810,485,413Unfunded Accrued Liability/(Surplus)

18,797,20621,228,355Actuarial Value of Assets

27,082,53431,713,768Accrued Liability

413,190421,116Anticipated Employee Contributions

611,850714,211Village Normal Cost

20142015

-5-

$0

$500

$1,000

$1,500

$2,000

Thousands 2016

2015

TAX LEVY REQUIREMENTas of April 30

ACTUARIAL VALUATION OF ASSETS

as ofMay 1

18,797,206$21,228,355$Actuarial Value of Assets

18,838,80821,245,030Market Value of Assets

(5,178)(4,370)Miscellaneous Receivable/(Payable)

49,11256,896Interest Receivable

7,392,8529,248,187Mutual Funds

2,577,6162,702,483Insurance Contracts

8,660,4399,108,022Government Securities

163,967$133,812$Money Market, NOW, IL Fund

20142015

FYE 2012-2015 (Gain)/Loss: $319,742; ($152,354); ($97,609); $48,605

-6-

0.6%

43.0%12.8%

43.6%

Money Market, NOW, IL Fund

Government Securities

Insurance Contracts

Mutual Funds

SUMMARY OF ASSETSAs Of May 1, 2015

ASSET CHANGES DURING PRIOR YEAR

6.75%Approximate Annual Rate of Return

21,245,030$Trust Balance as of May 1, 2015

1,308,531Investment Income

513,641Total

19,234Expenses

494,408Benefit Payments

Payments

1,611,332Total

426,332Employee

1,185,000Village

Contributions

18,838,808$Trust Balance as of May 1, 2014

-7-

$0

$5

$10

$15

$20

$25

Millions

Trust Balance as of May 1, 2014

Contributions

Payments

Investment Income

Trust Balance as of May 1, 2015

ASSET CHANGES DURING PRIOR YEAR

NORMAL COST

The Normal Cost is the actuarial present value of the portion of the projected benefits that areexpected to accrue during the year based upon the actuarial valuation method and actuarialassumptions employed in the valuation.

as ofMay 1

24.58%26.72%Total Normal Cost Rate

14.67%16.81%Village Normal Cost Rate

4,169,421$4,249,406$Normal Cost Payroll

611,850714,211Village Normal Cost

413,190421,116Anticipated Employee Contributions

1,025,040$1,135,327$Total Normal Cost

20142015

-8-

37.1%

62.9%

Anticipated Employee Contributions

Village Normal Cost

NORMAL COSTAs Of May 1, 2015

ACCRUED LIABILITY

The Accrued Liability is the actuarial present value of the portion of the projected benefits thathas been accrued as of the valuation date based upon the actuarial valuation method and actuarialassumptions employed in the valuation. The Unfunded Accrued Liability is the excess of theAccrued Liability over the Actuarial Value of Assets.

as ofMay 1

69.4%66.9%Percent Funded

8,285,328$10,485,413$Unfunded Accrued Liability/(Surplus)

18,797,20621,228,355Actuarial Value of Assets

27,082,53431,713,768Total Accrued Liability

7,553,3589,628,694Total Annuities

335,9921,960,246Terminated Vested Annuities

277,9700Surviving Spouse Annuities

6,939,3967,668,448Retirement Annuities

00Disability Annuities

00Children Annuities

19,529,176$22,085,074$Active Employees

20142015Accrued Liability

-9-

$0

$5

$10

$15

$20

$25

$30

$35

Millions

Total Accrued Liability

Actuarial Value of Assets

Unfunded Accrued Liability/(Surplus)

ACCRUED LIABILITYAs Of May 1, 2015

TAX LEVY REQUIREMENT

The Public Act 096-1495 Tax Levy Requirement is determined as the annual contributionnecessary to fund the normal cost, plus the amount to amortize the excess (if any) of ninetypercent (90%) of the accrued liability over the actuarial value of assets as a level percentage ofpayroll over a thirty (30) year period which commenced in 2011, plus an adjustment for interest.The 100% amortization amount is equal to the amount to amortize the unfunded accrued liabilityas a level percentage of payroll over a forty (40) year period which commenced in 1993.

For Year EndingApril 30

927,6721,135,743$5) PA 096-1495 Tax Levy Requirement (1 + 3 + 4)

60,68974,3014) Interest for One Year

147,649256,3893) Amortization Payment

24,594,86629,830,4402) Accrued Liability (PUC)

719,334805,0531) Normal Cost (PUC)

Public Act 096-1495 Tax Levy Requirement

1,182,911$1,465,094$Tax Levy Requirement as of End of Year

77,38795,847Interest for One Year

493,674655,036Amortization of UnfundedAccrued Liability/(Surplus)

611,850$714,211$Village Normal Cost as of Beginning of Year

20152016

-10-

52.2%

47.8%

Village Normal Cost

Amortization of UAL/(S)

TAX LEVY REQUIREMENTFor Fiscal Year Ending April 30, 2016

SUMMARY OF PLAN PARTICIPANTS

The actuarial valuation of the Plan is based upon the employee data furnished by the Village.The information provided for Active participants included:

NameSexDate of BirthDate of HireCompensationEmployee Contributions

The information provided for Inactive participants included:

NameSexDate of BirthDate of Pension CommencementMonthly Pension BenefitForm of Payment

4,169,421$4,249,406$Annual Payroll

534,88110633,66110Total

44,8352130,5313Terminated Vesteds

27,217100Surviving Spouses

462,8297503,1307Retired Employees

0000Disabled Employees

0$00$0Children

Annual BenefitsAnnual BenefitsInactive Participants

4949Total

1413Nonvested

3536Vested

Current Employees

2014201420152015Membership

-11-

SUMMARY OF PLAN PARTICIPANTS (Continued)

Age and Service Distribution

117,093101,67695,45386,87588,84660,988Salary

86,723490121414108Total

60+

55-59

108,14521150-54

93,554614145-49

94,17013192140-44

82,3121355335-39

85,4241164130-34

59,8603325-29

58,2921120-24

SalaryTotal30+25-2920-2415-1910-145-90-4ServiceAge

11.4Average Service:38.0Average Age:

18.2All Members:12.1Retired Members:20.9Active Members:DURATION (years)

PROJECTED PENSION PAYMENTS

$1,072,404$852,716$656,354$591,282$576,313

20202019201820172016

-12-

$0

$200

$400

$600

$800

$1,000

$1,200

Thousands

2016

2017

2018

2019

2020

PROJECTED PENSION PAYMENTS2016-2020

SUMMARY OF PLAN PROVISIONS

The Plan Provisions have not been changed from the prior year.

The Village of Oswego Police Pension Fund was created and is administered as prescribed by"Article 3. Police Pension Fund - Municipalities 500,000 and Under" of the Illinois PensionCode (Illinois Compiled Statutes, 1992, Chapter 40). A brief summary of the plan provisions isprovided below.

Employees attaining the age of (50) or more with (20) or more years of creditable service areentitled to receive an annual retirement benefit of (2.5%) of final salary for each year of serviceup to (30) years, to a maximum of (75%) of such salary.

Employees with at least (8) years but less than (20) years of credited service may retire at or afterage (60) and receive a reduced benefit of (2.5%) of final salary for each year of service.

Surviving spouses receive (100%) of final salary for fatalities resulting from an act of duty, orotherwise the greater of (50%) of final salary or the employee's retirement benefit.

Employees disabled in the line of duty receive (65%) of final salary.

The monthly pension of a covered employee who retired with (20) or more years of service afterJanuary 1, 1977, shall be increased annually, following the first anniversary date of retirementand be paid upon reaching the age of at least (55) years, by (3%) of the originally grantedpension. Beginning with increases granted on or after July 1, 1993, the second and subsequentautomatic annual increases shall be calculated as (3%) of the amount of the pension payable atthe time of the increase.

Employees are required to contribute (9.91%) of their base salary to the Police Pension Plan. Ifan employee leaves covered employment with less than (20) years of service, accumulatedemployee contributions may be refunded without accumulated interest.

For Employees hired after January 1, 2011, the Normal Retirement age is attainment of age 55and completion of 10 years of service; Early Retirement age is attainment of age 50, completionof 10 years of service and the Early Retirement Factor is 6% per year; the Employee’s AccruedBenefit is based on the Employee’s final 8-year average salary not to exceed $106,800 (asindexed); Cost-of-living adjustments are simple increases (not compounded) of the lesser of 3%or 50% of CPI beginning the later of the anniversary date and age 60; Surviving Spouse’sBenefits are 66 2/3% of the Employee’s benefit at the time of death.

-13-

ACTUARIAL METHODS

The Actuarial Methods employed for this valuation are as follows:

Projected Unit Credit Cost Method (for years beginning on or after 2011 for PA 096-1495)

Under the Projected Unit Credit Cost Method, the Normal Cost is the present value of theprojected benefit (including projected salary increases) earned during the year.

The Accrued Liability is the present value of the projected benefit (including projected salaryincreases) earned as of the actuarial valuation date. The Unfunded Accrued Liability is theexcess of the Accrued Liability over the plan's assets. Experience gains or losses adjust theUnfunded Accrued Liability.

Entry Age Normal Cost Method

Under the Entry Age Normal Cost Method the Normal Cost for each participant is computed asthe level percentage of pay which, if paid from the earliest age the participant is eligible to enterthe plan until retirement or termination, will accumulate with interest to sufficiently fund allbenefits under the plan. The Normal Cost for the plan is determined as the greater of a) the sumof the Normal Costs for all active participants, and b) 17.5% of the total payroll of all activeparticipants.

The Accrued Liability is the theoretical amount that would have accumulated had annualcontributions equal to the Normal Cost been paid. The Unfunded Accrued Liability is the excessof the Accrued Liability over the plan's assets. Experience gains or losses adjust the UnfundedAccrued Liability.

-14-

ACTUARIAL ASSUMPTIONS

The Actuarial Assumptions used for determining the Tax Levy Requirement and GASBStatements No. 25 & 27 and 67 & 68 Disclosure Information are the same (except where noted)and have been changed from the prior year (discussion on page 4). The methods andassumptions disclosed in this report may reflect statutory requirements and may reflect theresponsibility of the Principal and its advisors. Unless specifically noted otherwise, eacheconomic and demographic assumption was selected in accordance with Actuarial Standards ofPractice 27 and 35 and may reflect the views and advice of advisors to the Principal. In the eventa method or assumption conflicts with the actuary’s professional judgment, the method orassumption is identified in this report. The Actuarial Assumptions employed for this valuationare as follows:

80% Married, Female spouses 3 years youngerMarital Status

Based on studies of the Fund and the Department ofInsurance, Sample Rates below (100% by age 70)

Retirement

Based on studies of the Fund and the Department ofInsurance, Sample Rates below

Disability

Based on studies of the Fund and the Department ofInsurance, Sample Rates below

Withdrawal

RP 2000 Mortality Table (CHBCA). There is no marginfor future mortality improvement beyond the valuationdate.

Mortality

5.50%Salary Scale

7.00% net of investment expenses.Investment Return

5-year Average Market Value (PA 096-1495)Asset Valuation Method

May 1, 2015Valuation Date

-15-

ACTUARIAL ASSUMPTIONS (Continued)

Sample Annual Rates Per 100 Participants

100.002.6870

50.002.003.501.5565

33.001.653.500.8360

25.001.303.500.4255

20.000.953.500.2450

0.652.000.1845

0.402.000.1440

0.263.000.1135

0.225.000.0730

0.057.500.0425

0.0510.000.0320

RetirementDisabilityWithdrawalMortalityAge

-16-

STATEMENTS NO. 25 & 27 DISCLOSURE INFORMATION

The Governmental Accounting Standards Board (GASB) issued Statements No. 25 & 27 thatestablished generally accepted accounting principles for the annual financial statements fordefined benefit pension plans. The required information is as follows:

Membership in the plan consisted of the following as of:

11Number of participating employers

5959Total

1413Active nonvested plan members

3536Active vested plan members

23Terminated plan members entitled to but not yet receiving benefits

87Retirees and beneficiaries receiving benefits

April 30, 2014April 30, 2015

SCHEDULE OF FUNDING PROGRESS

246.4%4,249,40667.0%10,468,73831,713,76821,245,03004/30/15

197.7%4,169,42169.6%8,243,72627,082,53418,838,80804/30/14

197.0%4,062,39367.7%8,003,20724,793,56616,790,35904/30/13

UAAL as aPercentageof Covered

Payroll((b-a)/c)

CoveredPayroll

(c)

FundedRatio(a/b)

UnfundedAAL

(UAAL)(b-a)

Actuarial AccruedLiability (AAL)

-Entry Age(b)

ActuarialValue of

Assets(a)

ActuarialValuation

Date

-17-

GASB STATEMENTS NO. 25 & 27 DISCLOSURE INFORMATION (Continued)

ANNUAL PENSION COST AND NET PENSION OBLIGATION

660,423632,609Net pension obligation end of year

671,168660,423Net pension obligation beginning of year

(10,745)(27,814)Increase (decrease) in net pension obligation

1,075,0001,185,000Contributions made

1,064,2551,157,186Annual pension cost

(38,792)(39,910)Adjustment to annual required contribution

46,98246,230Interest on net pension obligation

1,056,0651,150,866Annual required contribution

April 30, 2014April 30, 2015

THREE-YEAR TREND INFORMATION

632,609102.4%1,157,18604/30/15

660,423101.0%1,064,25504/30/14

671,168100.7%1,017,88204/30/13

NetPension

Obligation

Percentageof APC

Contributed

AnnualPension

Cost (APC)

FiscalYear

Ending

-18-

GASB STATEMENTS NO. 25 & 27 DISCLOSURE INFORMATION (Continued)

FUNDING POLICY AND ANNUAL PENSION COST

SameTier 1: 3.00% per year, compoundedTier 2: 2.00% per year, simple

Cost-of-living adjustments

Same3.00%*Includes inflation at

Same5.50% Projected salary increases*

Same7.00% Investment rate of return*

Actuarial assumptions:

SameMarketAsset valuation method

1918 yearsRemaining amortization period

SameLevel percentage of pay, closedAmortization period

SameEntry ageActuarial cost method

04/30/201404/30/2015Actuarial valuation date

1,075,0001,185,000Contributions made

1,064,2551,157,186Annual pension cost

Same9.91% Plan members

25.78%27.89% Village

Contribution rates:

-19-

GASB STATEMENTS NO. 67 & 68 DISCLOSURE INFORMATION

7.00% net of expenses Investment rate of return5.50% Salary increases3.00% Inflation

Actuarial Assumptions

66.99%Plan fiduciary net position as a percentageof the total pension liability

10,468,738Village's net pension liability21,245,030Plan fiduciary net position31,713,768Total pension liability

Net Pension Liability of the Village

59Total49Active plan members

3Inactive plan members entitled to but notyet receiving benefits

7Inactive plan members or beneficiariescurrently receiving benefits

April 30, 2015Plan Membership

The projection of cash flows used to determine the discount rate assumed that plan membercontributions will be made at the current contribution rate and that Village contributions will bemade at rates equal to the difference between actuarially determined contribution rates and themember rate. Based on those assumptions, the pension plan’s fiduciary net position wasprojected to be available to make all projected future benefit payments of current members.Therefore, the long-term expected rate of return on pension plan investments was applied to allperiods of projected benefit payments to determine the total pension liability.

Based on those assumptions, the discount rate was determined in accordance with paragraphs40-45. Therefore, the discount rate was applied to all periods of projected benefit payments todetermine the total pension liability.

Sensitivity of the Net Pension Liability to Changes in the Discount Rate

6,098,10710,468,73815,865,053Net Pension Liability

8.00%7.00%6.00%1% IncreaseCurrent Discount Rate1% Decrease

-20-

GASB STATEMENTS NO. 67 & 68 DISCLOSURE INFORMATION (continued)

Schedule of Changes in the Village’s Net Pension Liability and Related Ratios

as a percentage of covered-employee payroll246.36%Village's net pension liability

4,249,406Covered-employee payroll

as a percentage of the total pension liability66.99%Plan fiduciary net position

10,468,738Village's net pension liability

21,245,030Plan fiduciary net position - ending18,838,808Plan fiduciary net position - beginning

2,406,222Net change in plan fiduciary net position0Other

19,234Administrative expense

494,408Benefit payments, including refunds of membercontributions

1,308,531Net investment income426,332Contributions - member

1,185,000Contributions - employerPlan Fiduciary Net Position

31,713,768Total pension liability - ending27,082,534Total pension liability - beginning

4,631,234Net change in total pension liability

494,408Benefit payments, including refunds of membercontributions

1,938,553Changes of assumptions211,823Differences between expected and actual experience

0Changes of benefit terms1,878,473Interest1,096,793Service cost

April 30, 2015Total Pension Liability

-21-

GASB STATEMENTS NO. 67 & 68 DISCLOSURE INFORMATION (continued)

Schedule of Village Contributions

OtherRP 2000 CHBCAMortality

50-70Retirement age7.00%Investment rate of return5.50%Salary increases3.00%Inflation

Market ValueAsset valuation method18 yearsRemaining amortization period

Level Percentage of PayAmortization methodEntry Age NormalActuarial cost method

Methods and assumptions used to determine contribution rates:

April 30, 2015Valuation date

Notes to schedule

covered-employee payroll27.89%Contributions as a percentage of

4,249,406Covered-employee payroll

(34,134)Contribution deficiency (Excess) determined contribution

1,185,000Contributions in relation to the actuarially

1,150,866Actuarially determined contributionApril 30, 2015

Mortality rates were based on the RP-2000 CHBCA Mortality Table. The actuarial assumptionsused in the April 30, 2015 valuation were based on the results of an actuarial experience studyconducted by the Illinois Department of Insurance dated September 26, 2012.

-22-

MINUTES OF A COMMITTEE OF THE WHOLE MEETING

OSWEGO VILLAGE PRESIDENT AND BOARD OF TRUSTEES

OSWEGO VILLAGE HALL

100 PARKERS MILL, OSWEGO, ILLINOIS

November 3, 2015

CALL TO ORDER AND PLEDGE OF ALLEGIANCE

President Gail Johnson called the meeting to order at 6:00 p.m. CONSIDERATION OF AND POSSIBLE ACTIONS ON ANY REQUESTS FOR

ELECTRONIC PARTICIPATION IN MEETING There was no one who participated electronically. ROLL CALL

Physically Present: President Gail Johnson; Trustees: Ryan Kauffman (attended at 6:12 pm), Karin McCarthy-Lange, Pam Parr, Luis Perez, Judy Sollinger and Joe West. Staff Present: Dan Di Santo, Village Administrator; Christina Burns, AVA/HR Director; Tina Touchette, Village Clerk; Jeff Burgner, Chief of Police; Jennifer Hughes, Public Works Director; Rod Zenner, Community Development Director; Billie Robinson, Assistant Finance Director; Vijay Gadde, Economic Development Director; Michele Brown, Community Relations Manager; Jay Hoover, Building & Zoning Manager; and Dave Silverman, Village Attorney. PUBLIC FORUM

Public Forum was opened at 6:00 p.m. There was no one who requested to speak; the Public Forum was closed at 6:00 p.m. DEVELOPMENT IMPACT FEE STUDY Administrator Di Santo addressed the Board regarding the results of a fourteen-month study conducted by Ehlers and Associates on the Village’s impact fees related to residential development. The Village requires new residential developments pay impact fees to support the cost of new capital needs attributed to the growth. Fees have not been reviewed since 2005. No homes have been constructed on developments governed by the current fee structure. A new home under today’s fee structure would pay approximately $43,000 in fees, of which approximately $39,000 is due to impact fees. In fall 2014, the Village partnered with the School District 308, Oswego Library District, Oswegoland Park District and Oswego Fire Protection District to undertake a study regarding the Village’s impact fees. Ehlers and Associates was selected by the committee to study and recommend appropriate fees based on the community’s capital needs as it continues to grow, as well as determining a competitive market rate based on surrounding communities and developer profit margins. A secondary component of the study was to simplify the Village’s current fee ordinances and to provide a mechanism to update fees based on real needs and market conditions. Maureen Barry, Municipal Advisor for Ehlers and Sid Inman, Senior Municipal Advisor/Vice President of Ehlers provided a brief presentation on the study. Background and Approach

Joint study with participation from all taxing districts Evaluate the community’s capital needs

Capital assessments needed to be made Evaluate the market conditions

Reviewed developer agreements Apply housing starts projections to determine per unit development impact fee (DIF) Review and discuss with stakeholders/taxing districts

Key Findings Capital needs currently exceed what the market can bear in DIF Capital needs exceed what surrounding communities are currently charging in DIF Village of Oswego’s DIFs are among the highest in the area DIFs should be aligned with market conditions in order to facilitate new residential permit

activity Key Recommendations

New DIF methodology should be based on current market realities and community needs DIFs should be reviewed on a regular and on-going basis DIF process should be easy to understand Consider streamlining the DIF payment process Village should demonstrate it is “Open for Business” Consider establishing a DIF “Ceiling” and a DIF “Reality”

Impact Fee “Ceiling”

Determine capital cost items included in the fees that could be defrayed in whole, or in part by DIFs

Calculate per unit based on current housing starts projections Calculate fees regardless of number of bedrooms Current impact fee “Ceiling” is $25,000 per unit

$25,000 would be the most to charge Impact Fee “Reality”

Developer interviews Oswego’s DIF structure is confusing and fees are higher than developers are willing or

able to pay Pro forma budget for single family residential development

Profit margin not achievable with under DIF structure; within margin at lower fee Survey competitive communities

Oswego’s DIF and building permit fees are significantly higher than the surveyed communities

Looked at six different communities Need to consider total fees in building

Current proposed impact fee “Reality” is $15,000 per unit Land/Cash Ordinance Update

Current value of one (1) acre of land Appraised value of one (1) acre of land = $22,500 Cost to install improvements per ordinance = $57,000 Total per acre cost (before a home is built) = $79,500

Breakdown of Proposed Fee per Taxing District Portion of per unit DIF for Capital Costs $9,735 Percentage of Total Impact

Need per District

Portion of Per Unit DIF per

District

Village CUSD 308 Fire Protection District Park District Public Library District

48.46% 38.02% 3.46% 6.49% 3.57%

$4,717.15 $3,701.18 $337.31 $632.18 $347.17

Total 100% $9,735

Based on capital needs in 5-10 years Need to review every couple years based on needs of the Village

Board, staff and presenter’s discussion focused on why Plainfield’s fees are higher; Plainfield waives a lot of fees; all in cost are $15,500; ceiling closer to what the Village had previously; comfortable with DIF number covering what taxing bodies need; need to react to the market quickly; building permit fees are $3,500; $15,500 would be split between all taxing districts; DIF amount dropped drastically from previous amount; previous DIF was never paid; try not to compare to old fee, only compare to what has actually been paid; building permit fee will vary depending on size of property; study started with $19,000 and backed out the permit fees; what percentage of weigh-in was given to developers; a lot of attention now on soft costs; New Lenox is one of the Village’s comparable communities; New Lenox also reduces their fees; Yorkville does rebates, but developers need to agree to their program; projections/forecast included in memo; updated fee of $15,500 is for what the market can bear; if fees are reduced, pay the lesser of the fees; structure is based on reality, consistent, and can be justified; new fee policy should be firm and non-negotiable; pro forma not designed for multi-family development; DIF amounts for multi-family will be tested when a developer comes in and can be adjusted; no impact to commercial development; taxing districts would rely on the Village to distribute fees; very positive meetings held with taxing districts; no objections from the taxing districts; capital expenses needed now; growth is helpful for all; three ordinances will be presented for vote at the Regular Board meeting; land/cash formula has not changed; Board will determine if planned unit developments can be reduced; helpful in receiving Board documentation early; Yorkville and Sugar Grove fees will be less than Oswego as their amounts include everything; not being beat on a start for development; being fair and consistent; several other communities have contacted the Village regarding the fee structure; other communities may adjust their fees also; reviewing fees every couple years. Board thanked Asst. Village Administrator Burns and Community Development Director Zenner for all their work with the study. There was no further discussion.

CLOSED SESSION

There was no Closed Session held. ADJOURNMENT

The Committee of the Whole meeting adjourned at 7:01 p.m.

Tina Touchette Village Clerk

MINUTES OF A REGULAR MEETING OF THE OSWEGO VILLAGE PRESIDENT AND BOARD OF TRUSTEES

OSWEGO VILLAGE HALL 100 PARKERS MILL, OSWEGO, ILLINOIS

November 3, 2015

CALL TO ORDER AND PLEDGE OF ALLEGIANCE President Gail Johnson called the meeting to order at 7:09 p.m. and led the Pledge of Allegiance to the Flag of the United States of America. CONSIDERATION OF AND POSSIBLE ACTIONS ON ANY REQUESTS FOR ELECTRONIC PARTICIPATION IN MEETING There was no one who attended electronically. ROLL CALL Physically Present: President Gail Johnson; Trustees: Ryan Kauffman, Karin McCarthy-Lange, Pam Parr, Luis Perez, Judy Sollinger and Joe West. Staff Present: Dan Di Santo, Village Administrator; Christina Burns, AVA/HR Director; Tina Touchette, Village Clerk; Jeff Burgner, Chief of Police; Jennifer Hughes, Public Works Director; Rod Zenner, Community Development Director; Billie Robinson, Assistant Finance Director; Vijay Gadde, Economic Development Director; Michele Brown, Community Relations Manager; Jay Hoover, Building & Zoning Manager; and Dave Silverman, Village Attorney. PUBLIC FORUM Public Forum was opened at 7:10 p.m. Budd Bieber, of Oswego, addressed the Board regarding the Tyler and Main Street culvert improvements. He lives at the corner of Tyler and Main Street. He asked for a part of Tyler Street to be closed. The road is a hazard and not wide enough for busses to pass. No problems with Main Street. There will be issues with the neighbor’s garage. It may be an engineering issue. Bruce Stanley, of Oswego, addressed the Board regarding the Tyler and Main Street culvert improvements. He has spent $20,000 to put rocks in along the creek in hopes of it not eroding. The Village needs to extend the area past the wall. There was no one else who requested to speak; the Public Forum was closed at 7:13 p.m. RECOGNITIONS/APPOINTMENTS 1. Employee Service Awards a. David Markowski- 15 Years of Service President Gail Johnson recognized David Markowski for his 15 years of service. b. Claudia Wyngard- 15 Years of Service President Gail Johnson recognized Claudia Wyngard for her 15 years of service. Both employees were unable to attend. 2. Character Counts Awards a. Grace Atwood (Youth) Judy Wilson, Co-President of Character Counts Coalition, read the letter of nomination and along with Village President, Gail E. Johnson, presented the nominee with an award and a t-shirt. b. Ryan Weaver (Youth) Julia Van Camp, President of Character Counts Coalition read the letter of nomination and along with Village President, Gail E. Johnson, presented the nominee with an award and a t-shirt. c. Domenica Sevilla (Adult)- Could not attend; they will recognize her at a future meeting.

STAFF REPORTS Village Attorney No Report Village Administrator No Report Chief of Police No Report Public Works Route 71 IDOT Update- a lot of concrete paving is going to take place in the next 3 weeks. Intersections will be opened and closed. The contractor will be closing both of the existing entrances to the high school on Monday Nov 9th. The temporary entrances, east of the existing entrances to the high school, will be used during the closure.

STP Funding- The Kane-Kendall Council of Mayors Transportation Policy Committee will be voting on Thursday to consider KKCOM staff’s recommendation for allocation of STP funding for Federal Fiscal Year 2016-2020. If approved, Oswego would receive $2.5 million towards the widening of Wolfs Crossing Segment 1 between Harvey Road and Eola Road. The Village had requested $10.6 million for Segment 1 and $37 million for all segments. The Village is responsible to fund, in full, Phase 1 Engineering. The phase would be completed for the entire corridor and once complete, would not need to be done for each segment. The cost of Phase 1 is $1.6 million. There is a huge gap on available funds. Future discussions will be needed. A formal vote is scheduled in December. Community Development No Report Building and Zoning Manager No Report Assistant Finance Director Acceptance of Municipal Compliance Report- report summarizes the current fiscal year and prior fiscal year information from the Actuarial report. Staff is required to present the report to the Board for acceptance. A vote is needed to accept. A motion was made by Trustee Sollinger and seconded by Trustee Parr to Accept the Municipal Compliance Report. Aye: Ryan Kauffman Luis Perez

Karin McCarthy-Lange Judy Sollinger Pam Parr Joe West

Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. Acceptance of Police Pension Fund Tax Levy Request- presented to the Board requesting the Village levy property taxes for calendar year 2015 of not less than $1,465,094. Staff is required to present the request to the Board as required by Chapter 40 of the Illinois Compiled Statutes. A vote is needed to accept. A motion was made by Trustee Sollinger and seconded by Trustee Parr to Accept the Police Pension Fund Tax Levy Request. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. Assistant Village Administrator/HR Shared Services Study- yesterday, Assistant Administrator Burns promoted the Lower Fox River Partnering Initiative at a Transform Illinois Summit as part of a panel discussion with Sen. Holmes, Illinois Chamber Director Todd Maisch, and Lake County Board Chairman Aaron Lawler. This was

an opportunity to promote the shared services study with CMAP and the work the Village is doing to be more efficient and cooperate with neighboring governments. Village Clerk Video Gaming Update- there are currently eight active video gaming licenses in the Village and one license pending out of the ten licenses allowed in the Village. Village code currently designates the Village Clerk as the issuer of video gaming licenses. Staff is proposing two options for the Board to consider: Option 1: would be a similar process as currently used in the liquor license process; If an establishment does not have a liquor license and applies for a video gaming license, both the liquor license creation and the video gaming license will be presented to the Board for approval, at the same time; or Option 2: requires a business, with a valid liquor license, to be open for at least six (6) months before they can apply for a video gaming license. The liquor license needs to be in good standing and will require Village Board approval for a video gaming license. Staff also asked for direction on:

Whether to decrease the number of licenses to the number currently active; taking into consideration the item coming forward later in the meeting Should a current business close, the number of video gaming licenses will automatically

be reduced Only allowing a certain number of video gaming licenses for the principal purpose of video

gaming Requiring video gaming licenses only be available for classes of liquor licenses which have

requirements for sale of food Having staff suggest criteria for determining whether a gaming license should be issued Requiring a business to immediately notify the Village of any business plan or concept

change This would be implemented across all registration and licensing processes

Board and staff discussion focused on no intentions for open spaces to be filled with gaming terminals as the principal purpose of business; what the market will bear; capping the number of businesses with the principal purpose of video gaming; capping the number of licenses as compared to food and alcohol revenue. Staff directed to designate the Village President and Board of Trustees to approve all future video gaming licenses; reduce the number of video gaming licenses to the current number of licenses approved by the Board; cap the number of video gaming licenses, with the liquor classification of “A”. All video gaming licenses will automatically increase or decrease with Board approval. Community Relations No Report Economic Development Director No Report CONSENT AGENDA 1. Minutes – October 6, 2015 Committee of the Whole Meeting October 6, 2015 Regular Village Board Meeting October 20, 2015 Committee of the Whole Meeting October 20, 2015 Regular Village Board Meeting 2. Bill List Dated November 3, 2015 in the Amount of $447,302.44. 3. Resolution Authorizing the Execution of a Construction Contract with Rausch Infrastructure, LLC in the Amount of $139,660 for the Bartlett Creek Culvert Repairs Project. Resolution No. 15-R-72; Pulled for Separate Vote 4. Resolution Authorizing the Execution of a Professional Engineering Services Contract with HR

Green in an Amount not to Exceed $12,639.50 for Construction Observation Services for the Bartlett Creek Culvert Repairs Project. Resolution No. 15-R-73; Pulled for Separate Vote 5. Approve 2016 Village Board, Committee of the Whole, Cultural Arts Commission, ECO Commission, Economic Development Commission, Historic Preservation Commission, and Planning & Zoning Commission Meeting Dates. Pulled for Separate Vote 6. Approve 2016 Administrative Adjudication Dates. 7. Resolution Approving the Temporary Closing of Route 34 for the Christmas Walk and Parade “Home for the Holidays”. Resolution No. 15-R-71 A motion was made by Trustee Kauffman and seconded by Trustee Sollinger to approve the Consent Agenda; Approving the October 6, 2015 Minutes; Approving the October 20, 2015 Minutes; Approving the Bill List Dated November 3, 2015 in the Amount of $447,302.44; Approving the 2016 Administrative Adjudication Dates; Pulling Items #3, #4 and #5 for Separate Discussion and Vote; and approving the following resolution: Resolution No. 15-R-71; Resolution Approving the Temporary Closing of Route 34 for the Christmas Walk and Parade “Home for the Holidays”. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by omnibus roll call vote with six (6) aye votes and zero (0) nay votes. #3- Resolution Authorizing the Execution of a Construction Contract with Rausch Infrastructure, LLC in the Amount of $139,660 for the Bartlett Creek Culvert Repairs Project. Resolution No. 15-R-72 Board and staff discussion focused on suggestions were positive; Tyler Street is dangerous at night; make creek longer and road safer; unsure how to expand; adding guardrail; constructing a wing wall to keep water away from the rocks; backfilling will make it larger; reconstructing will completely change the project and incur significantly higher costs; Village does not control the routes the school busses use; staff looked at various options months ago; proposed repairs are the quickest; replacing half of the pipe now; cost would double if choosing to change the project; would not double the safety. A motion was made by Trustee Parr and seconded by Trustee McCarthy-Lange to Authorize the Execution of a Construction Contract with Rausch Infrastructure, LLC in the Amount of $139,660 for the Bartlett Creek Culvert Repairs Project. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. #4- Resolution Authorizing the Execution of a Professional Engineering Services Contract with HR Green in an Amount not to Exceed $12,639.50 for Construction Observation Services for the Bartlett Creek Culvert Repairs Project. Resolution No. 15-R-73 Discussion on this item was included in Item# 3. No further discussion. A motion was made by Trustee Parr and seconded by Trustee McCarthy-Lange to Authorize the

Execution of a Professional Engineering Services Contract with HR Green in an Amount not to Exceed $12,639.50 for Construction Observation Services for the Bartlett Creek Culvert Repairs Project. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. #5- Approve 2016 Village Board, Committee of the Whole, Cultural Arts Commission, ECO Commission, Economic Development Commission, Historic Preservation Commission, and Planning & Zoning Commission Meeting Dates. Board and staff discussion focused on the July 5, 2016 meeting being the day after the 4th of July. The meeting could be canceled, if needed. No further discussion. A motion was made by Trustee McCarthy-Lange and seconded by Trustee Kauffman to Approve the 2016 Village Board, Committee of the Whole, Cultural Arts Commission, ECO Commission, Economic Development Commission, Historic Preservation Commission, and Planning & Zoning Commission Meeting Dates. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. OLD BUSINESS 1. Ordinance Amending Title 3 Chapter 7; Increase Class “A” Liquor License for Stella’s Place, 350 Douglas Road. Ordinance No. 15-64

Attachment: Memo, Ordinance and Presentation Action: Second Read of Ordinance Staff provided a history of the previous Board action and discussion relating to Stella’s Place. At the last meeting, a few Board members had questions regarding the business plans for Stella’s and whether permits had been applied for. Charity Johns, Vice President of Laredo Hospitability, and Gary Leff, CEO of Laredo Hospitability , were in attendance to present a brief presentation on their business concept, floor plan, and answer questions the Board may have. The concept would be mid- century modern with shareable foods. $200,000 is invested into each location. Board and staff discussion focused on the concept; Board members previously visited the Plano location; business did not look like the pictures and the food was not as presented; floor plan denotes the number of tables; why Stella’s chose Oswego; Oswego has good strip areas, population and demographics; some markets are saturated; not taking business from restaurants or bars; one for every 8,000-10,000 residents; whether the establishment is held to same rules as casinos; signs posted in every room; 37 locations in the Chicago area; crowd control; training; usually do not have too many people; need to check identification; there is enough parking; maximum of 10-15 patrons staying 1-2 hours; working on other social games similar to Bingo; revenue is from gaming and not from food and alcohol; representatives thought they would sell more food and alcohol; food and alcohol makes up 5-10% of revenue for the business; controlling video gaming through liquor licensing versus limiting the number of video gaming licenses; review on a case by case basis; representatives working on getting the revenue higher on food; $7,500 marry and impinger ovens are used to cook food; picture represents what the business concept will be. There was no further discussion.

A motion was made by Trustee Sollinger and seconded by Trustee West to Approve an Ordinance Amending Title 3 Chapter 7; Increase Class “A” Liquor License for Stella’s Place, 350 Douglas Road. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. 2. Ordinance Adopting Regulations for Pawnbroker and Secondhand Dealers; Amending Title 3 of Village Code. Ordinance No. 15-65

Attachment: Memo and Ordinance Action: First Read of Ordinance, Waiver of Second

Read Chief Burgner addressed the Board on a few modifications to the ordinance and regulations. Resale Dealer was eliminated to avoid confusion. The definition of a pawnbroker and secondhand dealer addresses the business that would be subject to regulations. Currently, there are four businesses this would effect. It would not affect the consignment shops. Regulations would be effective January 1, 2016. Staff will work with businesses in understanding the ordinance. A background check and license will be required. There was no further discussion. A motion was made by Trustee Kauffman and seconded by Trustee Sollinger to Approve an Ordinance Adopting Regulations for Pawnbroker and Secondhand Dealers; Amending Title 3 of Village Code. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. NEW BUSINESS 1. Development Impact Fee Study a. Ordinance Establishing Development Impact Fees for the Village of Oswego. Ordinance No. 15-66

Attachment: Memo, Ordinance and Attachments Action: First Read of Ordinance, Possible Waiver of

Second Read There was no Board discussion. A motion was made by Trustee Parr and seconded by Trustee Sollinger to Approve an Ordinance Establishing Development Impact Fees for the Village of Oswego. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. b. Ordinance Amending the Village of Oswego Land/Cash Ordinance. Ordinance No. 15-67

Attachment: Memo and Ordinance and Attachments

Action: First Read of Ordinance, Possible Waiver of Second Read

There was no Board discussion. A motion was made by Trustee Sollinger and seconded by Trustee McCarthy-Lange Approving an Ordinance Amending the Village of Oswego Land/Cash Ordinance. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. c. Ordinance Amending the Village Code of Ordinance with Respect to Water Tap on Fees. Ordinance No. 15-68

Attachment: Memo and Ordinance and Attachments Action: First Read of Ordinance, Possible Waiver of

Second Read There was no Board discussion. A motion was made by Trustee Sollinger and seconded by Trustee Kauffman Approving an Ordinance Amending the Village Code of Ordinance with Respect to Water Tap on Fees. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. 2. Resolution Urging Illinois State Leaders to Release Non-General Fund Revenues Payable to Local Governments. Resolution No. 15-R-74

Attachment: Memo and Resolution Action: Consider for Approval Administrator Di Santo addressed the Board regarding the passing of a Resolution urging Illinois State leaders to release non-general fund revenues payable to local governments. The absence of a budget has resulted in the State withholding over $150 million in revenue owed to municipal governments. Critical local services, such as road construction, maintenance, and repairs will remain underfunded until leaders take action. Municipal budgets will be negatively impacted without the release of Motor Fuel Tax Funds, Local Use Tax and video gaming revenue. A motion was made by Trustee Kauffman and seconded by Trustee Sollinger Approving a Resolution Urging Illinois State Leaders to Release Non-General Fund Revenues Payable to Local Governments. Aye: Ryan Kauffman Luis Perez


Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes.

PRESIDENT’S REPORT 1. Veteran’s Day Proclamation President Johnson read the Veteran’s Day Proclamation. There will be a Veteran’s Day Ceremony held on November 11th at 11:00 a.m. at the Oswego Veteran’s Memorial Plaza. TRUSTEE’S REPORTS Trustee Kauffman- thanked all the Veterans, Police Officers and Firefighters for their service. Trustee Parr-historic meeting with the passage of the development impact fee ordinances; proud of staff and the Board members in their involvement and work put into the fee study. Addressed the Board regarding two previous Board members who have not returned iPads and Village issued keys. Need a written policy for Board members and Village property. Attorney Silverman to work with staff in drafting a policy. Attorney to daft a letter before taking further possible court action. Concerns with spending more money in recovering. President Johnson not in favor of a lawsuit; concerned about the keys. Trustee Sollinger- thanked Chief Burgner for the speed radar sign on Route 34. Trustee West- would like to recognize and award the Officers involved in the shooting on Ashlawn. Trustee McCarthy-Lange- received a request, from the robotics team at Churchill, for Board members and Public Works staff to attend a meeting regarding composting and recycling. She thanked Director Hughes for accepting the request to speak. Trustee Kauffman, Trustee McCarthy-Lange, Director Hughes and Administrative Intern Howe will be attending the upcoming meeting. CLOSED SESSION A motion was made by Trustee Kauffman and seconded by Trustee Sollinger to enter into Closed Session for the purpose of discussing the following:

Sale, Lease, and/or Acquisition of Property [5 ILCS 120/2(c)(5) & (6)]

Aye: Ryan Kauffman Judy Sollinger Karin McCarthy-Lange Joe West Pam Parr Luis Perez

Nay: None The motion was declared carried by roll call vote with six (6) aye votes and zero (0) nay votes. The Board entered into Closed Session at 8:41 p.m. The Board returned to open session at 8:57 p.m.; all remaining members still present. ADJOURNMENT A motion was made by Trustee Kauffman and seconded by Trustee Sollinger to adjourn the meeting; upon a voice vote with all remaining members present voting aye, the meeting was adjourned at 8:58 p.m.

Tina Touchette Village Clerk

Fund/Department: Vendor Name: Description: Amount: Department Totals:

General Fund:

Corporate:

AHEAD OF OUR TIME PUBLISHING SUBCRIPTION 500.00

CALL ONE PHONE SERVICE 111.15


IL DEPT OF EMPLOYMENT SECURITY UNEMPLOYMENT:2ND QUARTER 2015 6,670.00

IPBC HEALTH INSURANCE‐OCT 2015 19,065.30

IPBC LIFE INSURANCE‐OCT 2015 35.72

IPBC VOLUNTARY LIFE‐OCT 2015 1,062.58

IPBC DENTAL INSURANCE‐OCT 2015 62.45

IPBC VOLUNTARY LIFE‐OCT 2015 1,601.74



IPBC DENTAL INSUARNCE‐OCT 2015 277.08

JEWEL FOOD STORES SALES TAX REBATE 41,152.76

KOHL'S DEPARTMENT STORES SALES TAX REBATE 5,601.16

KOHL'S DEPARTMENT STORES SALES TAX REBATE 13,535.41

MAHONEY, SILVERMAN, & CROSS LEGAL SERVICES 7,618.75

MAHONEY, SILVERMAN, & CROSS LEGAL SERVICES 878.75








METRO WEST COUNCIL OF BOARD MEETING 250.00

PETTY CASH‐CORPORATE CIDER FOR FALL WALK 14.97

PETTY CASH‐CORPORATE TRAIN TICKETS 26.00

PITNEY BOWES INC INK 0.34



SCHIBER, ERIN MILEAGE REIMBURSEMENT 20.19

UNITED STATES POSTAL SERVICE POSTAGE 2.51


WAL‐MART STORES, INC. SALES TAX REBATE 23,978.65

WAL‐MART STORES, INC. SALES TAX REBATE 53,707.31

Corporate Total: 184,460.57

Building & Zoning:

BACKFLOW SOLUTIONS, INC. ANNUAL ON‐LINE SUBCRIPTION 495.00








Building & Zoning Total: 8,677.22

Community Development:






PETTY CASH‐CORPORATE TRAIN TICKET 18.00


SHAW SUBURBAN MEDIA PLANNING/ZONING MEETINGS 47.40


Community Development 5,818.62

Community Relations:





NIELSEN BELGIAN HAY RIDES:CHRISTMAS WALK 600.00

OSWEGO CHAMBER OF COMMERCE INSPIRING WOMEN LUNCHEON 45.00


Village of OswegoBill List

November 17, 2015



November 17, 2015


VILLAGE GRIND RECEPTION: NEW ADMINISTRATOR & TRUSTEE 657.00

Community Relations Total: 2,659.76

Economic Development:


GADDE, VIJAY MILEAGE REIMBURSEMENT 268.31

IPBC HEALTH INSURANCE‐OCT 2015 4.60




SHAW SUBURBAN MEDIA ECONOMIC DEVELOPMENT MEETINGS 47.40


Economic Development: 467.21

Road and Bridge:

AMERICAN LEGION POST 675 2 IL FLAGS 65.90


COMMONWEALTH EDISON CO 104 E JACKSON: STREETLIGHT 160.39

COMMONWEALTH EDISON CO 1000 STATION DR: PARK & RIDE 242.18

COMMONWEALTH EDISON CO MASTER ACCOUNT:TRAFFIC LIGHTS 345.46

D CONSTRUCTION, INC. WAUBONSEE CREEK PATH 1,575.00

FASTENAL CO STOCK: SHOP DRAW ASSORTMENTS 102.67

FOX RIDGE STONE 38 LOADS OF LEAVES 2,633.40

FOX RIDGE STONE 3 LOADS SPOILS 180.00


FROST ELECTRIC COMPANY, INC. REPAIR STREETLIGHT FEEDS 985.00

GRAINCO FS, INC. DIESEL GOLD 209.43

GRAINCO FS, INC. GASOLINE 663.77




J.P.C. TREE CARE LLC STUMP GRINDING: SUMMER TREES 25,638.00

JUST SAFETY, LTD FIRST AID SUPPLIES 86.90

PETTY CASH‐CORPORATE CHAIN LUBE 8.37

SHAW SUBURBAN MEDIA BIDS: TYLER ST CULVERT 243.00

THE FIELDS ON CATON FARMS, INC 124 TREES: EAB REPLACEMENT 27,370.00

TWIN OAKS LANDSCAPING INC LANDSCAPE CONTRACT 10,300.00

Road and Bridge Total: 76,766.38

Finance:


GATEWAY SERVICES WEB PAYMENT CREDIT CARD PROCESSING:OPERATE 25.20




NPC MERCHANT STATEMENT CC PROCESSING‐OPERATING 427.20

NPC MERCHANT STATEMENT SWIPER: CREDIT CARD MACHINE 100.00

PAYLOCITY PAYROLL PAYLOCITY INVOICE 794.02

PAYLOCITY PAYROLL PAYLOCITY INVOICE 567.58

PETTY CASH‐CORPORATE POSTAGE 7.45

PETTY CASH‐CORPORATE CERTIFIED MAIL 9.30

PETTY CASH‐CORPORATE MILEAGE REIMBURSEMENT 21.39

PITNEY BOWES ANNUAL FEE: POSTAGE MACHINE 50.00


ROBINSON, BILLIE MILEAGE/TOLL REIMBURSE:SEMINAR 119.35

SHAW SUBURBAN MEDIA 2015 TREASURERS REPORT 216.00


Finance Total: 5,924.84

Police:

AAREN PEST CONTROL INC MONTHLY PEST CONTROL 65.00

CALL ONE PHONE SERVICE 1,242.76

CALL ONE PHONE SERVICE‐CREDIT (2,611.18)

CINTAS CORPORATION #344 WINTER MAT SERVICE 44.00

COMCAST CABLE CABLE FOR POLICE 50.58

IL LIQUOR CONTROL COMMISSION ANNUAL BASSET FEES 250.00

IL PUBLIC SAFETY AGENCY ALERTS‐TIER 1 288.00



IPBC DENTAL INSUARNCE‐OCT 2015 4,192.26



November 17, 2015

J.P.C. TREE CARE LLC STUMP GRINDING: 5 TREES 528.00

JCM UNIFORMS, INC. CSO HATS 107.70

KENDALL COUNTY CHIEFS OF MEETING FEE 45.00

MINER ELECTRONICS CORP HIGHBAND RADIO TROUBLESHOOTING 95.00

MINER ELECTRONICS CORP HIGHBAND RADIO TROUBLESHOOTING 47.50

PETTY CASH‐POLICE NOTARY CERTIFICATES 10.00



PETTY CASH‐POLICE HEADLAMP 24.99

PETTY CASH‐POLICE CAB: IACP CONFERENCE 85.51

RAY O'HERRON CO., INC. PANTS & SHIRTS 255.96

RESPONSIVE NETWORK SERVICES IT SERVICES 504.00



SPEEDWAY GASOLINE 43.09

SPEEDWAY GASOLINE 64.04

SPLASH AUTO REPAIR POLICE CAR WASHES 30.00

SUBURBAN TIRE AUTO CARE CENTER NEW TIRE 190.00

SUBURBAN TIRE AUTO CARE CENTER NEW TIRES 760.00

TASER INTERNATIONAL TASER HD CAMERA REPAIR 514.95

WEX BANK GASOLINE 5,552.08

WEX BANK GASOLINE 5,081.62

YORKVILLE ACE & RADIO SHACK COPY OF KEYS 6.98

Police Total: 93,790.24

General Fund Total: 378,564.84

Water & Sewer Fund:

ARRO LABORATORY INC TOTAL COLIFORM SAMPLES 145.20

BAXTER & WOODMAN CONSULTING IT & SCADA SERVICES 10,483.75




COMMONWEALTH EDISON CO 107A RT 25 PUMP VALVE 40.03

COMMONWEALTH EDISON CO 3523 RT 34: BOOSTER STATION 31.24

COMMONWEALTH EDISON CO 378 OGDEN FALLS: WELL 7 288.19

CONSTELLATION NEWENERGY INC 700 COLE AVE: WELL 10 6,538.91

DYNEGY ENERGY SERVICES WELL 11‐6701 TUSCANY 3,193.88

DYNEGY ENERGY SERVICES WELL 8‐3700 GROVE RD 5,297.84

DYNEGY ENERGY SERVICES WELL 6‐245 LENNOX DR 2,560.51

DYNEGY ENERGY SERVICES WELL 3‐340 MADISON ST 1,569.09

DYNEGY ENERGY SERVICES WELL 4‐401 CHICAGO RD 5,730.37

DYNEGY ENERGY SERVICES WELL 10‐700 COLE AVE 7,009.24

DYNEGY ENERGY SERVICES WELL 7‐378 OGDEN FALLS 3,662.40

DYNEGY ENERGY SERVICES PRV #4‐244 WASHINGTON 40.57

DYNEGY ENERGY SERVICES WELL 9‐1 W RAINTREE 7,169.74

FNBO UB PROCESSING FEES: AUTO CC 491.49


GATEWAY SERVICES WEB PAYMENT CREDIT CARD PROCESSING:ON‐LINE 197.40

GRAINCO FS, INC. DIESEL GOLD 255.97

GRAINCO FS, INC. GASOLINE 811.28



IPBC DENTAL INSUARNCE‐OCT 2015 1,317.57

NPC MERCHANT STATEMENT CC PROCESSING ON‐LINE 1,855.98

NPC MERCHANT STATEMENT CC PROCESSING UTILITY BILLING 10.00


SEALCOAT SOLUTIONS, INC. ASPHALT PATCH 2,288.00



UNITED STATES POSTAL SERVICE POSTAGE: WATER BILLS 653.10

UNITED STATES POSTAL SERVICE POSTAGE: WATER BILLS 292.89

VANCO SERVICES UB PROCESSING FEES: E‐CHECKS 151.00

Water & Sewer Fund: 83,079.39

Agency Fund:

CHARLES CARON ENTERTAINMENT:CHRISTMAS WALK 350.00

CHICAGO ICE WORKS, INC. ICE CARVER 850.00

CLOWNING AROUND ENTERTAINMENT REMAINING DEPOSIT:TRAIN/SLIDE 2,640.50

FOX VALLEY FESTIVAL CHORUS ENTERTAINMENT:TREE CEREMONY 125.00



November 17, 2015

GO DOG GO REIMBURSE: SHOP LOCAL 50.00

HR GREEN, INC. ENGINEER‐WASHINGTON ST. MFT 3,964.38

HR GREEN, INC. ENGINEER‐HARVEY RD MFT 11,551.74

LAMPLIGHTER BARBERSHOP CHORUS CAROLERS: CHRISTMAS WALK 200.00

PAGES POPCORN AND FLAVORS REIMBURSE: SHOP LOCAL 25.00

REDIGER JR., ROBERT SANTA: TREE LIGHTING CEREMONY 125.00

SHAW SUBURBAN MEDIA AD: LITERARY FESTIVAL 148.00

Agency Fund: 20,029.62

Garbage Fund:

GROOT GARBAGE‐FULL ACCOUNTS 183,104.93

GROOT GARBAGE‐SENIOR ACCOUNTS 18,888.36

GROOT GARBAGE‐PARTIAL ACCOUNTS 77.81

GROOT GARBAGE‐ADJUSTMENTS (79.88)

Garbage Fund: 201,991.22

Sub Escrow Fund:

SHAW SUBURBAN MEDIA ESCROW: ANDY'S CUSTARD 82.20

SHAW SUBURBAN MEDIA ESCROW: GARDEN FAIRE 71.40

Sub Escrow Fund: 153.60

Grand Total: 683,818.67

AGENDA MEMORANDUM

TO: Village President Gail E. Johnson and Board of Trustees


FROM: Christina Burns, Assistant Village Administrator



SUBJECT: Insurance Renewal

Purpose

To re-authorize the renewal of the Village’s liability, property and workers compensation policies. Background The Village participates in the Illinois Municipal Insurance Cooperative (IMIC) for liability and property insurance, the Illinois Public Risk Fund (IPRF) for workers compensation insurance, and a separate cyber liability policy. Board Action Previous Taken December 3, 2013 Board approved membership in IMIC;

authorized insurance for 2014. December 16, 2014 Board approved payment of 2015 premium. May 19, 2015 Board approved payment of cyber liability

policy.

Discussion The Village is nearing the end of its second year of a three-year commitment to IMIC. The Village entered the pool in 2013 due to cost savings and our previous carrier’s unwillingness to extend coverage. The Village has found the pool to be a positive experience, providing the Village with a greater say in its coverage and how coverage dollars are expended. At this time, we are seeking renewal of three policies for 2016. Our premium for 2016 will be $378,138, an increase of 4.9 percent over the 2015 premium of $360,180. Workers Compensation through IPRF will decrease by 5.7 percent to $159,575.00, compared to $169,281 for 2015. IPRF also provides a grant of $11,585 toward safety-related expenditures. The cyber liability renewal is $7,325 for $1 million in coverage for any data loss or theft, which represents a 44 percent

100 Parkers Mill Oswego, IL 60543 (630) 554-3618 Fax: (630) 554-3306 Website: http://www.oswegoil.org

Lower Fox River Partnering Initiative Report August 18, 2015 2 | P a g e

decrease from a full year premium in 2015 $13,174. The Village’s actual costs in 2015 were $8,116 based on a partial year of coverage. Total insurance cost from Dec. 31, 2015 through Dec. 30, 2016 is $545,038. Funding The FY16 budget accounts for continued property, liability and workers compensation coverage. The pro-rated share for May through December 2016 will be included in the FY2017 budget. Recommendation Approval of a resolution authorizing the Village to renew its insurance coverages. Strategic Planning Objective: 5.3: Invest in intergovernmental relationship for the betterment of the community as a whole. 5.3.1: Look for opportunities that facilitate fiscal integrity and service efficiencies. Attachments:

Premium summary IMIC Premium summary IPRF Renewal quote for cyber liability coverage

• • Illinois Municipal Insurance Cooperative

Premiums/Fees Comparison: Expiring to Recommended Carriers Village of OS>\ ego

201-1-2015

~~Des~ tripdon -,-..:P..:.r::.:rmium

Propeny. Generall..t:lboloy, Police i'l'ofessionallitbi61y, Public Sl42,812

Onicials liabilily. ftnp)oyment Ptacciccs l.u•bliity, Autom;,bilc,

Crime Loss fund ll><:ess Propeny lloiler & Mathin<!}' ___ _

Elcess l.i!biJ!y Liquor Liol>iloy Claims Administrution Loss Control l:Jrokcrage Fee ' SLTandFees 1Toul Preriun

Exposure Summary'---

140,399

---~-+---'':;'5,139 2,690

t----:;29 152 . 935

18,0031

10.000 I,OSO

180

D<«rtpt~l'!'""'-~~ 2014-201 5 8 2015·2016 Tolal lnsurable Voluc5 ] SS9,787,63S $60,624,130

Pupulalio"'n'-:---::---::---- __ ,.__ __ -=, 31,000 31,936

Qvn {)pelalingll>qxndilurcs $29,243,894 5..'9,332,131

Po6ice (lnclud.,& Jd P<rsonn<O ~ 66

Armed Vch.icles

---------~®:r----~48

S8,416,6~1 $8,416,6: I'll roll

20J5-201 6 l.nitial

Contribution

85,.. funclng Mninwm Cons

$1SS,2SOl $155.250

l?f:.-I<IQ,:\99 15,580 2,186

29062 Included

18,003 714

10,000 6,943

$378,138

-

Rid<

165,175 15,580 ~186

29062 == Included 18,003

714

~~~ .~

S4al.914

• --• Village of Oswego

Premiwn Swnmary The estimated program cost for the options are outlined in the following table:

Quote From Illinois Public Risk Fund (Illinois Public Risk Fund) is valid until1/1/2016

~· ~·

Gallagher is responsible for the placement of the following lines of coverage: Pac kage, Excess Liability, Excess Property, Boiler & Machinery, and Workers Compensation

It is understood that any other type of exposure/coverage is either self-insured or placed by another brokerage firm other than Gallagher. If you need help in placing other lines of coverage or covering other types of exposures, please contact your Gallagher representative.

12

Arthur J. Gallagher & Co.

October 23, 2015

Village of Oswego, IL 1 00 Parkers Mill Oswego, IL 60543 Cyber Liability Insurance Policy Term: December 31,2015 to December 31,2016

Enclosed you will find the attached quote for your client and files. The coverage outlined below may not conform to the tetms and conditions requested. You are responsible for reviewing the tenns carefully and explaining the coverage to the client, including any options available (or not available) from our office or other sources. The items listed here arc not a complete description of applicable terms, which will be set forth in full in the policy(ies). No assumption should be made as to the adequacy of coverage for the client's needs.

You are not an agent of the insurer, and as such, cannot (a) bind coverage, (b) make any commitments on behalf of the insurer, or (c) make any commitments on our behalf The policy cannot be assigned without the written consent of the insurer or their agent.

At binding, you commit to any provisions of coverage such as Minimum Earned Premiums. There are no flat cancellations allowed.

N ate: This proposal abides by wholesale mandatory requirements, not those required in a retail proposal. It is the retail agent's responsibility to deliver the retail (Professional Standards) compliant proposal to the client.

Cyb e r Liability Summary The coverage outlined above may not conform to d1e terms and conditions requested on ilie application.

Quote Expiration Date: January 19, 2016 Carrier Name: BCS Insurance Company Carrier Rating: A- IX Carrier Admitted Status: Admitted Outline of Coverage: Cyber Liability: $1MM Limit/$10k Retention Coverage Type: Claims-Made- covers c1'\ims made during ilie policy period Quoted Renewal Premium: $7,325 AJG Retail Branch Commission: 7.5% AJG Wholesale Branch Commission: 7.5% Premium Payment Terms: Subject to 30% minimum earned premium

. Gallagher Risk Management Services,

Cyber Liability Summary

The coverage outlined above may not conform to the terms and conditions requested on the application. Defense Costs: Within policy limits Policy Form:

SLC-3 (USA) NMA2868 (24/08/00) amended Binding Requirements: PRIOR TO BINDING

a. Signed/dated statement of fact b. Completed Cyber Declination Form

Retroactive Date/Prior and Pending Litigation Date: May27, 2015 Deftnition of Claim(s): Refer to attached policy form Claims-Made Disclaimer: "As the Retail Agent, it is your responsibility to advise the insured to review all claims

reporting provisions of the new policy. TI1e retail agent should also advise the insured, in writing, to report all incidents that rna~ give rise to a claim prior to expiration of the polic~, in compliance with the policy loss reporting provisions."

Notice of Claim: All Claims are to be reported immediately to: Clyde & Co. US LLP

101 Second Street, 24th Floor San Francisco CA 94105

USA [email protected]

24 Hour Security Breach Hotline: 1-855-217-52040 Signiftcant Restrictions or Exclusions: See attached quote Coverage Options: $2MM Limit/ $1 Ok Retention- $.9.522 Premium

$3MMLirnit/$10kRetenti 0 ~:n:mium '--..-~-~---

Binding coverage mqy resttlt in contingent or strpplementa/ commission beingpaid to AJG Chicago. Contingent commissions are typit'CII/y contingent trpon peiformance factors sttch as growth, profit, vo/mne or retention, while strpplementa/ commissiom are not. These strpplementa/ or contingent commissions mqy range from less than 1% trp to 10% of the poliry premittm.

Evidence of authorization to bind coverage is required to bind order. Please send all confirmations via email. We appreciate your business and look forward to working with you again in the near future. Contact us if you have any additional questions.

Sincerely,

Matthew Gullickson Account Executive Cyber Liability Practice

John Ergastolo Area Executive Vice President Management Liability

2

1

RESOLUTION NO. 15 - R - ___

_______________________________________________________________________

RESOLUTION AUTHORIZING THE RENEWAL OF THE VILLAGE’S LIABILITY, PROPERTY, WORKERS COMPENSATION AND CYBER LIABILITY COVERAGES

THROUGH IMIC, IPRF AND ARTHUR J. GALLAGHER IN THE AMOUNT OF $545,038 ________________________________________________________________________

WHEREAS, the Village of Oswego (“Village”) has a population of more than 25,000 and is

therefore a “Home Rule Unit” under the 1970 Illinois Constitution; and

WHEREAS, the Illinois Constitution of 1970 provides that a Home Rule Unit may exercise any

power and perform any function pertaining to its government and affairs, including but not limited to the

power to regulate for the protection of the public health, safety, morals and welfare; to license, to tax; and

to incur debt; and

WHEREAS, it is in the best interest of the Village of Oswego to authorize coverage for Property,

General Liability, Police Professional Liability, Public Officials Liability, Employment Practices

Liability, Automobile, and Crime coverages through IMIC for 2016 in the amount of $378,138; and

WHEREAS, it is in the best interest of the Village of Oswego to authorize coverage for Workers

Compensation insurance through IPRF in an amount of $159,575; and

WHEREAS, it is in the best interest of the Village of Oswego to authorize Cyber Liability

coverage brokered by Arthur J. Gallagher in the amount of $7,325

NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF

TRUSTEES OF THE VILLAGE OF OSWEGO, KENDALL AND WILL COUNTIES, ILLINOIS,

as follows:

SECTION 1. INCORPORATION OF RECITAL

That the recitals set forth above are incorporated here by reference.

SECTION 2. AUTHORIZATION

The Village President and Village Clerk are hereby authorized and directed to execute on behalf

of the Board of Trustees of the Village of Oswego in the form attached as Exhibit “A.”

SECTION 3. APPROVAL TO CONTINUE PARTICIPATION IN IMIC

Dra

ft

2

The Village Board authorizes the Village to continue to participate in pooled liability and

property insurance through the Illinois Municipal Insurance Cooperative.

SECTION 4. REPEALER All Resolutions or parts of Resolutions in conflict with any of the provisions of this Resolution

shall be, and the same hereby repealed.

SECTION 5. SEVERABILITY This Resolution and every provision thereof shall be considered severable. In the event that any

court of competent jurisdiction may find and declare any word, phrase, clause, sentence, paragraph,

provision or section or part of a phrase, clause, sentence, paragraph, clauses, sentences, paragraphs and

provisions and parts of phrases, clauses, sentences, paragraphs, provisions and sections not ruled void or

unconstitutional shall continue in full force and effect.

SECTION 6. EFFECTIVE DATE This Resolution shall be in full force and effect from and after its passage.

PASSED by the Board of Trustees of the Village of Oswego, Kendall and Will Counties, Illinois

this 17th day of November 2015.

RYAN KAUFFMAN JUDY SOLLINGER

KARIN MCCARTHY-LANGE LUIS PEREZ

PAM PARR JOE WEST

APPROVED by me, Gail E. Johnson, as President of the Village of Oswego, Kendall and Will

Counties, Illinois this ____ day of ____ 2015.

GAIL E. JOHNSON, VILLAGE PRESIDENT __________________________ Tina Touchette, Village Clerk

Dra

ft

3

STATE OF ILLINOIS )

) SS COUNTY OF KENDALL ) AND WILL CLERK'S CERTIFICATE

(RESOLUTION) I, Tina Touchette, the duly qualified and acting Village Clerk of the Village of Oswego, Kendall

and Will County, Illinois, do hereby certify that I am the keeper of its books and records and that the

attached hereto is a true and correct copy of a Resolution entitled:

RESOLUTION AUTHORIZING THE RENEWAL OF THE VILLAGE’S LIABILITY, PROPERTY, WORKERS COMPENSATION AND CYBER LIABILITY COVERAGES

THROUGH IMIC, IPRF AND ARTHUR J. GALLAGHER IN THE AMOUNT OF $545,038

which Resolution was duly adopted by said Board of Trustees at a special meeting held on the 17th day of

November 2015, and thereafter approved by the Village President on the 17th day of November 2015.

I do further certify, in my official capacity, that a quorum of said Board of Trustees was present at

said meeting and that the Board complied with all requirements of the Illinois Open Meetings Act.

IN WITNESS WHEREOF, I have hereunto set my hand this __ day of November 2015.

Tina Touchette, Village Clerk

Village of Oswego (Seal)

Dra

ft

' I I

Village of Oswego

Client Authorization to Bind Coverage

After careful consideration of Gallagher's proposal dated 10/27/2015, we accept the following coverage(s). Please check the desired coverage(s) and note any coverage amendments below:

LINE OF COVERAGE CARRIER

~ccept 0 Reject

TRIA Cannot be rejected

Workers Comp

TRIA Coverage

Producer/Insured Coverage Amendments and Notes:

! ------ -~----------~~-- --

Illinois Public Risk Fund (Illinois Public Risk Fund)

Client Initials

Arthur J. Gallagher Risk Management Services, Inc.

21

I I I I I I I I I I I

Village of Oswego

Client Authorization T o Bind Coverage

It is understood this proposal provides only a summary of the details; the policies will contain the actual coverages.

We confirm the values, schedules, and other data contained in the proposal are from our records and acknowledge it is our responsibility to see that they are maintained accurately.

We agree that your liability to us arising from your negligent acts or omissions, whether related to the insurance or surety placed pursuant to these binding instructions or not, shall not exceed $20 million, in the aggregate. Further, without limiting the foregoing, we agree that in the event you breach your obligations, you shall only be liable for actual damages we incur and that you shall not be liable for any indirect, consequential or punitive damages.

By: Specify: owner. partner or corporate officer

Print Name

Date:

-------------------- --·--- ArthurJ. Gallagher Risk Managcml"flt Services, Inc.

22

C). Arthur J. Gallagher & Co. BUSINESS WITHOUT BARRIERS"

CLIENT AUTHORIZATION TO BIND COVERAGE

After careful consideration of your proposal dated October 27, 2015, we accept your insurance program subject to the following exceptions/changes:

POLICY OPTIONS:

YES NO OPTION DESCRIPTION

'f. Bind All Policies As Shown Herein Except As Listed Below:

BSC Insurance Company Limit: ~I ~A IYl

Syndicate 2623/623 at Lloyds (Beazley)

)<:l Bind TRIA Terrorism Coverage As Quoted :

BSC Insurance Company

Syndicate 2623/623 at Lloyds (Beazley)

The above coverage may not necessarily represent the entirety of available insurance products. If you are interested in pursuing additional coverages other than those addressed in the coverage considerations included in this proposal, please list below:

It is understood this proposal provides only a summary of the details; the policies will contain the actual coverages.

We confirm the values, schedules, and other data contained in the proposal are from our records and acknowledge it is our responsibility to see that they are maintained accurately.

We agree that your liability to us arising from your negligent acts or omissions, whether related to the insurance or surety placed pursuant to these binding instructions or not, shall not exceed $20 million, in the aggregate. Further, without limiting the foregoing, we agree that in the event you breach your obligations, you shall only be liable for actual damages we incur and that you shall not be liable for any indirect, consequential or punitive damages.

Client Signature

Dated

Arthur J. Gallagher & Co.

October 23, 2015

Village of Oswego, IL 1 00 Parkers Mill Oswego, IL 60543 Cyber Liability Insurance Policy Term: December 31,2015 to December 31,2016

Enclosed you will find the attached quote for your client and files. The coverage outlined below may not conform to the tetms and conditions requested. You are responsible for reviewing the tenns carefully and explaining the coverage to the client, including any options available (or not available) from our office or other sources. The items listed here arc not a complete description of applicable terms, which will be set forth in full in the policy(ies). No assumption should be made as to the adequacy of coverage for the client's needs.

You are not an agent of the insurer, and as such, cannot (a) bind coverage, (b) make any commitments on behalf of the insurer, or (c) make any commitments on our behalf The policy cannot be assigned without the written consent of the insurer or their agent.

At binding, you commit to any provisions of coverage such as Minimum Earned Premiums. There are no flat cancellations allowed.

N ate: This proposal abides by wholesale mandatory requirements, not those required in a retail proposal. It is the retail agent's responsibility to deliver the retail (Professional Standards) compliant proposal to the client.

Cyb e r Liability Summary The coverage outlined above may not conform to d1e terms and conditions requested on ilie application.

Quote Expiration Date: January 19, 2016 Carrier Name: BCS Insurance Company Carrier Rating: A- IX Carrier Admitted Status: Admitted Outline of Coverage: Cyber Liability: $1MM Limit/$10k Retention Coverage Type: Claims-Made- covers c1'\ims made during ilie policy period Quoted Renewal Premium: $7,325 AJG Retail Branch Commission: 7.5% AJG Wholesale Branch Commission: 7.5% Premium Payment Terms: Subject to 30% minimum earned premium

. Gallagher Risk Management Services,

Cyber Liability Summary

The coverage outlined above may not conform to the terms and conditions requested on the application. Defense Costs: Within policy limits Policy Form:

SLC-3 (USA) NMA2868 (24/08/00) amended Binding Requirements: PRIOR TO BINDING

a. Signed/dated statement of fact b. Completed Cyber Declination Form

Retroactive Date/Prior and Pending Litigation Date: May27, 2015 Deftnition of Claim(s): Refer to attached policy form Claims-Made Disclaimer: "As the Retail Agent, it is your responsibility to advise the insured to review all claims

reporting provisions of the new policy. TI1e retail agent should also advise the insured, in writing, to report all incidents that rna~ give rise to a claim prior to expiration of the polic~, in compliance with the policy loss reporting provisions."

Notice of Claim: All Claims are to be reported immediately to: Clyde & Co. US LLP

101 Second Street, 24th Floor San Francisco CA 94105

USA [email protected]

24 Hour Security Breach Hotline: 1-855-217-52040 Signiftcant Restrictions or Exclusions: See attached quote Coverage Options: $2MM Limit/ $1 Ok Retention- $.9.522 Premium

$3MMLirnit/$10kRetenti 0 ~:n:mium '--..-~-~---

Binding coverage mqy resttlt in contingent or strpplementa/ commission beingpaid to AJG Chicago. Contingent commissions are typit'CII/y contingent trpon peiformance factors sttch as growth, profit, vo/mne or retention, while strpplementa/ commissiom are not. These strpplementa/ or contingent commissions mqy range from less than 1% trp to 10% of the poliry premittm.

Evidence of authorization to bind coverage is required to bind order. Please send all confirmations via email. We appreciate your business and look forward to working with you again in the near future. Contact us if you have any additional questions.

Sincerely,

Matthew Gullickson Account Executive Cyber Liability Practice

John Ergastolo Area Executive Vice President Management Liability

2

BCS INSURANCE COMPANY 2 Mid America Plaza, Suite 200

Oakbrook Terrace, IL 60181

Cyber Liability And Privacy Coverage Application

94.001-2 (01/15)

CERTAIN COVERAGES OFFERED ARE LIMITED TO LIABILITY FOR CLAIMS THAT ARE FIRST MADE AGAINST THE INSURED AND NOTIFIED TO US DURING THE POLICY PERIOD AS REQUIRED. CLAIM EXPENSES SHALL REDUCE THE APPLICABLE LIMITS OF LIABILITY AND ARE SUBJECT TO THE APPLICABLE RETENTION(S). PLEASE READ THE POLICY CAREFULLY.

Applicant means all corporations, organizations or other entities, including subsidiaries, proposed for this insurance.

I. GENERAL INFORMATION

Name of Applicant

Mailing Address

City

State

ZIP Code

Description of Applicant's Operations

Village of Oswego, IL

100 Parkers Mill

Oswego

Illinois

60543

Government

II. INSURANCE TERMS/CURRENT INSURANCE INFORMATION

The following table details the limits and retentions being offered:

Insuring Agreement Limit Retention

A. Privacy Liability $1,000,000 $10,000

B. Privacy Regulatory Claims Coverage $1,000,000 $10,000

C. Security Breach Response Coverage $1 ,000,000 $10 ,000

D. Security Liability $1,000,000 $10,000

E. Multimedia Liability $1 ,000,000 $10,000

F. Cyber Extortion $1,000,000 $1 0,000

$1,000,000 $1 0,000 each claim 12 hrs waiting period

G. Business Income and Digital Asset Restoration

H. PCI DSS Assessment $100,000 $10,000

Proposed effective date ITBD

Application No. S-50025059/1 1 Page 1 of 4

Ill. REVENUES

Indicate the following as it relates to the Applicant's fiscal year end (FYE): ----------------

Total Revenue

IV. NETWORK SECURITY

SYSTEMS

1 . Does the Applicant back up their data at least once a week and store in offsite location(s) or does the outsourcer do so?

2. Does the Applicant have antivirus and firewalls in place, and are these regularly updated at least once a quarter?

3. Is the Applicant aware of any circumstances, complaints, claims, loss(es) or penalties/fines levied against the organization in last five (5) years in relation to the risks that this application applies to?

3a. Did any circumstances, complaints, claims, loss(es) or penalties/fines levied against the

organization exceed twenty-five thousand U.S. dollars ($25,000) in any of the previous five (5) years.

Prior FYE

$38,400,000

Yes [g) No D

Yes [g) No D

Yes D No [X]

Yes [g) NoD

If the Applicant represents a Healthcare organization, Financial Institution or Legal Services then the following question MUST be answered:

4. Do you have a written policy which requires that personally identifiable information stored on mobile devices (e.g. laptop computers I smartphones) and portable media (e.g. flash drives, back-up tapes) be protected by encryption?

Yes D No 0

* With respect to the information required to be disclosed in response to the questions above, the proposed insurance will not afford coverage for any claim arising from any fact, circumstance, situation, event or act about which any executive officer of the Applicant had knowledge prior to the issuance of the proposed policy, nor for any person or entity who knew of such fact, circumstance, situation, event or act prior to the issuance of the proposed policy.

It is a crime to knowingly and intentionally attempt to defraud an insurance company by providing false or misleading information or concealing material information during the application process or when filing a claim. Such conduct could result in your policy being voided and subject you to criminal and civil penalties.

Signature* of Applicant's Authorized Representative Name (Printed) (President, CEO or Chief Information/Security Officer)

Title


Name (Printed)

Date

© 2015 National Association of Insurance Commissioners

POLICYHOLDER DISCLOSURE NOTICE OF TERRORISM INSURANCE COVERAGE

94.553 (01/15)

You are hereby notified that under the Terrorism Risk Insurance Act, as amended, you have a right to purchase insurance coverage for losses resulting from acts of terrorism, as defined in Section 102(1) of the Act: The term "act of terrorism" means any act that is certified by the Secretary of the Treasury- in consultation with the Secretary of Homeland Security, and the Attorney General of the United States-to be an act of terrorism; to be a violent act or an act that is dangerous to human life, property, or infrastructure; to have resulted in damage within the United States, or outside the United States in the case of certain air carriers or vessels or the premises of a United States mission; and to have been committed by an individual or individuals as part of an effort to coerce the civilian population of the United States or to influence the policy or affect the conduct of the United States Government by coercion.

YOU SHOULD KNOW THAT WHERE COVERAGE IS PROVIDED BY THIS POLICY FOR LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM, SUCH LOSSES MAY BE PARTIALLY REIMBURSED BY THE UNITED STATES GOVERNMENT UNDER A FORMULA ESTABLISHED BY FEDERAL LAW. HOWEVER, YOUR POLICY MAY CONTAIN OTHER EXCLUSIONS WHICH MIGHT AFFECT YOUR COVERAGE, SUCH AS AN EXCLUSION FOR NUCLEAR EVENTS.

UNDER THE FORMULA, THE UNITED STATES GOVERNMENT GENERALLY REIMBURSES 85% THROUGH 2015; 84% BEGINNING ON JANUARY 1, 2016; 83% BEGINNING ON JANUARY 1, 2017; 82% BEGINNING ON JANUARY 1, 2018; 81% BEGINNING ON JANUARY 1, 2019 AND 80% BEGINNING ON JANUARY 1, 2020 OF COVERED TERRORISM LOSSES EXCEEDING THE STATUTORILY ESTABLISHED DEDUCTIBLE PAID BY THE INSURANCE COMPANY PROVIDING THE COVERAGE. THE PREMIUM CHARGED FOR THIS COVERAGE IS PROVIDED BELOW AND DOES NOT INCLUDE ANY CHARGES FOR THE PORTION OF LOSS THAT MAY BE COVERED BY THE FEDERAL GOVERNMENT UNDER THE ACT.

YOU SHOULD ALSO KNOW THAT THE TERRORISM RISK INSURANCE ACT, AS AMENDED, CONTAINS A $100 BILLION CAP THAT LIMITS U.S. GOVERNMENT REIMBURSEMENT AS WELL AS INSURERS' LIABILITY FOR LOSSES RESULTING FROM CERTIFIED ACTS OF TERRORISM WHEN THE AMOUNT OF SUCH LOSSES IN ANY ONE CALENDAR YEAR EXCEEDS $100 BILLION. IF THE AGGREGATE INSURED LOSSES FOR ALL INSURERS EXCEED $100 BILLION, YOUR COVERAGE MAY BE REDUCED.


Acceptance or Rejection of Terrorism Insurance Coverage

D I hereby elect to purchase terrorism coverage for a prospective premium of $ ____ _

}?2[, I hereby decline to purchase terrorism coverage for certified acts of terrorism. I understand that I will have no coverage for losses resulting from certified acts of terrorism.

Policyholder/ Applicant's Signature Insurance Company

Print Name Policy Number

Date


MEMORANDUM

To: Village President and Board of Trustees


From: Village Clerk, Tina Touchette

Date: November 9, 2015

Agenda: November 17, 2015 Special Village Board Meeting Subject: Amend Title 3, Chapter 7 Village Code of Ordinances – Decrease Class “B” Package

Liquor License for Oswego Earth Market LLC. Purpose To decrease Class “B” liquor license for Oswego Earth Market LLC. Background

Oswego Earth Market LLC located at 6501 US Highway 34 is no longer in business as their lease was not renewed. Very Lucky Inc. acquired a lease and was approved for a liquor license on October 20, 2015 for this location. The attached ordinance reduces the number of Class “B” Package Liquor Licenses by one. Discussion N/A Funding N/A Recommendation Staff is recommending the decrease of a Class “B” liquor license for Oswego Earth Market LLC. Strategic Planning Objective N/A

100 Parkers Mill, Oswego, IL 60543 (630) 554-3618 Fax (630) 554-3306 Website: http://www.oswegoil.org

1

VILLAGE OF OSWEGO KENDALL AND WILL COUNTIES, ILLINOIS

________________________________________________________________

ORDINANCE NO. 15- __

AN ORDINANCE AMENDING TITLE 3 CHAPTER 7 OF THE CODE OF ORDINANCES FOR THE VILLAGE OF OSWEGO, KENDALL AND WILL COUNTIES, ILLINOIS

Alcoholic Beverages

(Oswego Earth Market, LLC., 6501 US Highway 34, Oswego IL; Decrease Class “B” Liquor License)

________________________________________________________________

PASSED BY THE VILLAGE BOARD OF THE VILLAGE OF OSWEGO

This 17th day of November 2015

________________________________________________________________

Published in pamphlet form by authority of the President and Board of Trustees of the Village of Oswego on November __, 2015.

ORDINANCE NO. 15- ___

AN ORDINANCE AMENDING TITLE 3 CHAPTER 7 OF THE CODE OF ORDINANCES FOR

THE VILLAGE OF OSWEGO, KENDALL AND WILL COUNTIES, ILLINOIS

Alcoholic Beverages (Oswego Earth Market, LLC., 6501 US Highway 34, Oswego IL;

Decrease Class “B” Liquor License)





power to regulate for the protection of the public health, safety, morals and welfare; to license, to tax; and to

incur debt; and

WHEREAS, the Village has in full force and effect a codified set of those ordinances of the

Village which are of a general and permanent nature, which said codified set is known and designated as the

Village Code of the Village of Oswego, as amended; and

WHEREAS, Oswego Earth Market LLC., 6501 US Highway 34, Oswego, IL holds a Class “B”

Package Liquor License authorizing the licensee to sell to the general public, alcoholic liquor in original

packages only, for the consumption off the premises where sold; and

WHEREAS, Oswego Earth Market LLC, 6501 US Highway 34, Oswego, IL is no longer in

business as their lease was not renewed.

NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE PRESIDENT AND BOARD

OF TRUSTEES OF THE VILLAGE OF OSWEGO, KENDALL AND WILL COUNTIES,

ILLINOIS IN THE EXERCISE OF THEIR HOME RULE, STATUTORY AND OTHER POWERS,

AS FOLLOWS:

SECTION 1: To decrease the number of Class “B” Liquor Licenses from nineteen (19) to

eighteen (18) licenses. That Section 3-7-11 of the Village Code of the Village of Oswego is hereby

amended as follows:

3-7-11: NUMBER OF LIQUOR LICENSES:

There shall be no more than five (5) Class A licenses in effect at any one time. There shall be no more than nineteen (18) Class B licenses in effect at any one time. There shall be no more than nineteen (19) Class C licenses in effect at any one time. There shall be no more than three (3) Class D licenses in effect at any one time. There shall be no more than three (3) Class E licenses in effect at any one time. There shall be no more than three (3) Class F licenses in effect at any one time. There shall be no more than two (2) Class G license in effect at any one time.

There shall be no more than zero (0) Class H license in effect at any one time. There shall be no more than zero (0) Class I license in effect at any one time. There shall be no more than one (1) Class J license in effect at any one time. There shall be no more than two (2) Class K license in effect at any one time. There shall be no more than one (1) Class L license in effect at any one time. There shall be no more than one (1) Class M license in effect at any one time. There shall be no more than one (1) Class N license in effect at any one time.

SECTION 2: SEVERABILITY

This ordinance and every provision thereof shall be considered severable. If any section, paragraph,

subdivision, clause, sentence or provision of this Ordinance shall be adjudged by any Court of competent

jurisdiction to be invalid, such judgment shall not affect, impair, invalidate or nullify the remainder thereof,

which remainder shall remain and continue in full force and effect.

SECTION 3: REPEALER

All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of such conflict.

SECTION 4: EFFECTIVE DATE

This Ordinance shall be in full force and effect immediately upon its passage, approval and Publication in

pamphlet form which is hereby authorized, as provided by law.


this 17th day of November 2015.

RYAN KAUFFMAN LUIS PEREZ

KARIN MCCARTHY-LANGE JUDY SOLLINGER

PAM PARR JOE WEST

APPROVED by me, Gail E. Johnson, as Village President of Board of Trustees of the Village of

Oswego, Kendall and Will Counties, Illinois this 17th day of November 2015.

Gail E. Johnson, Village President


STATE OF ILLINOIS ) ) SS COUNTIES OF KENDALL) AND WILL CLERK'S CERTIFICATE

(ORDINANCE) I, Tina Touchette, the duly qualified and acting Village Clerk of the Village of Oswego,

Kendall and Will Counties, Illinois, do hereby certify that I am the keeper of its books and records

and that the attached hereto is a true and correct copy of an Ordinance entitled:

AN ORDINANCE AMENDING TITLE 3 CHAPTER 7 OF THE CODE OF ORDINANCES FOR THE VILLAGE OF OSWEGO, KENDALL AND WILL COUNTIES, ILLINOIS

Alcoholic Beverages

(Oswego Earth Market, LLC, 6501 US Highway 34, Oswego IL; Decrease Class “B” Liquor License)

which Ordinance was duly adopted by said Board of Trustees at a special meeting held on the 17th

day of November 2015, approved by the Village President on the 17th day of November 2015 and

thereafter published in pamphlet form.

I do further certify, in my official capacity, that a quorum of said Board of Trustees was

present at said meeting and that the Board complied with all requirements of the Illinois Open

Meetings Act.

IN WITNESS WHEREOF, I have hereunto set my hand this ___ day of November 2015.



AGENDA MEMORANDUM


CC: Village Administrator, Village Attorney and Department Heads FROM: Finance Director, Mark G. Horton, CPFO



SUBJECT: 2015 Village Property Tax Levy

Purpose Adopt the 2015 Property Tax Levy for the Village of Oswego. Background The Village has levied just over $1.2 million in each of the last four calendar years for property taxes. The property taxes have been used for the annual Village contribution to the Police Pension Fund and partially support the Village contribution to the Illinois Municipal Retirement Fund. Discussion The tax levies of $1.2 million the past few years plus general revenues have supported the Village contributions to the pension funds. Staff and the Village Board discussed the Tax Levy options at the Committee of the Whole (COW) meeting on October 6, 2015 and at the October 20, 2015 Village Board meeting. Two options are still under consideration and are on the agenda to approve one or the other.

Option 1: An Ordinance levying the dollar amount ($1,274,551) which would maintain the tax levy rate the same as the calendar year 2014 Tax Levy. Due to the increase in Equalized Assessed Valuation for calendar 2015, the 2015 Tax Levy would actually increase $68,075 to keep the tax rate at .16338. This is staff’s recommended option.

Option 2: An Ordinance levying the total dollar amount equal to the calendar year 2014 Village tax Levy ($1,219,638).

The tax levy Ordinances are presented for a Second Reading and Adoption. Funding N/A

Recommendation Staff recommends the adoption of Option 1; Levy $1,274,551 for calendar 2015 which is estimated to keep the tax rate equivalent to the 2014 Tax Levy rate of .16338. Strategic Planning Objective: S.P.O. 1.1 Maintain mindful fiscal policy that strikes a healthy balance between resources and needs.


VILLAGE OF OSWEGO

KENDALL AND WILL COUNTY, ILLINOIS

ORDINANCE NO. 15 -- __

AN ORDINANCE PROVIDING FOR THE LEVYING, ASSESSMENT AND COLLECTION

OF TAXES FOR THE 2015 TAX YEAR OF THE VILLAGE OF OSWEGO, KENDALL

AND WILL COUNTY, ILLINOIS

ADOPTED BY

THE PRESIDENT AND BOARD OF TRUSTEES

OF THE

VILLAGE OF OSWEGO

This 17th day of November, 2015

Published in pamphlet form by authority of the President and Board of Trustees of the Village of Oswego on ____, 2015.

ORDINANCE NO. 15 -- ___




WHEREAS, the Village of Oswego (“Village”) has a population of more than 25,000 and

is therefore a “Home Rule Unit” under the 1970 Illinois Constitution; and

WHEREAS, the Illinois Constitution of 1970 provides that a Home Rule Unit may exercise

any power and perform any function pertaining to its government and affairs, including but not

limited to the power to regulate for the protection of the public health, safety, morals and welfare; to

license, to tax; and to incur debt; and


Village which are of a general and permanent nature, which said codified set is known and

designated as the Village Code of the Village of Oswego, as amended; and WHEREAS, the Village has complied with the requirements of the Truth in Taxation

Law.

NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE PRESIDENT AND

BOARD OF TRUSTEES OF THE VILLAGE OF OSWEGO, KENDALL AND WILL

COUNTIES, ILLINOIS IN THE EXERCISE OF THEIR HOME RULE, STATUTORY AND

OTHER POWERS, as follows:

Section 1: That the sum of one million two hundred seventy four thousand five

hundred fifty one dollars ($1,274,551) be and the same is assessed and levied from and against all

taxable property within the limits of the Village of Oswego as the same is assessed and equalized

for State and County purposes for the current year, 2015, for the Corporate and Special Purposes

of the Village, and the specific amount hereby levied by fund is set forth under the column

entitled "Amount To Be Raised By Tax Levy," as follows:

AMOUNT TO BE

RAISED BY TAX LEVY:

Police Pension Fund $1,274,551

The foregoing amount is hereby levied for police pension

purposes as set forth specifically under the Police Pension

Fund pursuant to the provisions of 40 ILCS 5/3-125.

Section 2: That the County Clerks of Kendall and Will Counties, Illinois are hereby

directed to attach a limiting property tax rate of 0.16338 for the calendar 2015 property tax

levy.

SEVERABILITY


subdivision, clause, sentence or provision of this Ordinance shall be adjudged by any Court of

competent jurisdiction to be invalid, such judgment shall not affect, impair, invalidate or nullify the

remainder thereof, which remainder shall remain and continue in full force and effect.

Section 3: REPEALER

All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of such

conflict.

Section 4: EFFECTIVE DATE

This Ordinance shall be in full force and effect immediately upon its passage, approval and

Publication in pamphlet form which is hereby authorized, as provided by law.

PASSED by the Board of Trustees of the Village of Oswego, Kendall and Will Counties,

Illinois this 17th day of November, 2015.

RYAN KAUFFMAN JUDY SOLLINGER KARIN MCCARTHY-LANGE LUIS PEREZ _____ PAM PARR JOE WEST APPROVED by me, Gail E. Johnson, as President of the Village of Oswego, Kendall and

Will Counties, Illinois this ___ day of ______, 2015.

GAIL E. JOHNSON, VILLAGE PRESIDENT TINA TOUCHETTE, VILLAGE CLERK

VILLAGE OF OSWEGO TRUTH IN TAXATION CERTIFICATION

I, Gail E. Johnson, hereby certify that I am the duly elected and qualified Village President

of the Village of Oswego and as such, I hereby certify that the 2015 Tax Levy of said Village, a copy of

which is attached hereto, was adopted pursuant to, and in all respects in compliance with, the provisions

of the Truth in Taxation Law, 35 ILCS 200/18-55 et seq. Because the levy does not exceed a five

percent increase over the preceding tax year’s extension, the hearing and notice by publication requirements

were not applicable.

IN WITNESS WHEREOF, I have placed my signature on this day of November,

2015.

Gail E. Johnson, Village President Village of Oswego

Ordinance No. 15 -- __ Page 5

STATE OF ILLINOIS ) ) SS COUNTIES OF KENDALL) AND WILL

CLERK'S CERTIFICATE


Kendall and Will County, Illinois, do hereby certify that I am the keeper of its books and records


AN ORDINANCE PROVIDING FOR THE LEVYING, ASSESSMENT AND COLLECTION OF

TAXES FOR THE 2015 TAX YEAR OF THE VILLAGE OF OSWEGO, KENDALL AND WILL

COUNTY, ILLINOIS

which Ordinance was duly adopted by said Board of Trustees at a special meeting held on the

17th day of November, 2015, approved by the Village President on the 17th day of November

2015 and thereafter published in pamphlet form.



Meetings Act.




updated 11/17/2015

Village of OswegoTAX LEVY HISTORY

Levy Initial Amount Final County Dollar Percent % Change Tax CorporateYear Levy Abated Levy Extension Change Change EAV in EAV Rate Change

2001 649,936 306,863,298 0.211802002 703,656 53,720 8.27% 357,730,531 16.58% 0.19670 -0.01512003 769,051 65,395 9.29% 419,786,321 17.35% 0.18320 -0.01352004 841,319 72,268 9.40% 500,191,704 19.15% 0.16820 -0.01502005 885,020 43,701 5.19% 615,025,070 22.96% 0.14390 -0.02432006 1,004,275 119,255 13.47% 715,294,792 16.30% 0.14040 -0.00352007 1,116,935 112,660 11.22% 835,403,862 16.79% 0.13370 -0.00672008 4,609,562 3,359,800 1,249,762 * 132,827 11.89% 897,802,932 7.47% 0.13920 0.00552009 5,418,307 4,112,230 1,306,077 1,306,268 56,315 4.51% 933,315,018 3.96% 0.13994 0.00072010 4,910,765 3,604,688 1,306,077 1,306,204 -63 0.00% 889,906,116 -4.65% 0.14677 0.00682011 4,371,355 3,155,355 1,216,000 1,216,073 -90,132 -6.90% 836,708,892 -5.98% 0.14534 -0.00142012 4,512,986 3,296,986 1,216,000 1,216,083 10 0.00% 779,490,106 -6.84% 0.15601 0.01072013 4,532,244 3,316,244 1,216,000 1,216,099 16 0.00% 744,930,605 -4.43% 0.16325 0.00722014 4,525,470 3,305,832 1,219,638 1,219,667 3,539 0.29% 746,521,305 0.21% 0.16338 0.0001

Option #1 2015 4,573,826 3,286,113 1,287,713 68,075 3.52% 788,170,864 5.58% 0.16338 0.0000

Estimated Levy Impact Option #1

Tax Year 2014 2015 2014 2015 2014 2015

Rate Increase 0.0000 EAV change 5.58%

Fair Billing Value 150,000 158,369 250,000 263,948 350,000 369,527

@.33 49,500 52,262 82,500 87,103 115,500 121,944

Home Exemption 6,000 6,000 6,000 6,000 6,000 6,000

43,500 46,262 76,500 81,103 109,500 115,944

Tax Rate 0.16338 0.16338 0.16338 0.16338 0.16338 0.16338

7,107 7,558 12,499 13,251 17,890 18,943Tax amount $71.07 $75.58 $124.99 $132.51 $178.90 $189.43

Annual Increase 4.512 7.520 10.528Monthly Cost Increase 0.376 0.627 0.877

updated 11/17/2015



2001 649,936 306,863,298 0.211802002 703,656 53,720 8.27% 357,730,531 16.58% 0.19670 -0.01512003 769,051 65,395 9.29% 419,786,321 17.35% 0.18320 -0.01352004 841,319 72,268 9.40% 500,191,704 19.15% 0.16820 -0.01502005 885,020 43,701 5.19% 615,025,070 22.96% 0.14390 -0.02432006 1,004,275 119,255 13.47% 715,294,792 16.30% 0.14040 -0.00352007 1,116,935 112,660 11.22% 835,403,862 16.79% 0.13370 -0.00672008 4,609,562 3,359,800 1,249,762 * 132,827 11.89% 897,802,932 7.47% 0.13920 0.00552009 5,418,307 4,112,230 1,306,077 1,306,268 56,315 4.51% 933,315,018 3.96% 0.13994 0.00072010 4,910,765 3,604,688 1,306,077 1,306,204 -63 0.00% 889,906,116 -4.65% 0.14677 0.00682011 4,371,355 3,155,355 1,216,000 1,216,073 -90,132 -6.90% 836,708,892 -5.98% 0.14534 -0.00142012 4,512,986 3,296,986 1,216,000 1,216,083 10 0.00% 779,490,106 -6.84% 0.15601 0.01072013 4,532,244 3,316,244 1,216,000 1,216,099 16 0.00% 744,930,605 -4.43% 0.16325 0.00722014 4,525,470 3,305,832 1,219,638 1,219,667 3,539 0.29% 746,521,305 0.21% 0.16338 0.0001

Option #2 2015 4,505,751 3,286,113 1,219,638 0 0.00% 788,170,864 5.58% 0.15474 -0.0086


Tax Year 2014 2015 2014 2015 2014 2015

Rate Increase -0.0086 EAV change 5.58%


@.33 49,500 52,262 82,500 87,103 115,500 121,944

Home Exemption 6,000 6,000 6,000 6,000 6,000 6,000

43,500 46,262 76,500 81,103 109,500 115,944

Tax Rate 0.16338 0.15474 0.16338 0.15474 0.16338 0.15474

7,107 7,159 12,499 12,550 17,890 17,941Tax amount $71.07 $71.59 $124.99 $125.50 $178.90 $179.41


AGENDA MEMORANDUM


CC: Village Administrator, Village Attorney and Department Heads FROM: Finance Director, Mark G. Horton, CPFO



SUBJECT: 2015 Village Property Tax Levy

Purpose Adopt the 2015 Property Tax Levy for the Village of Oswego. Background The Village has levied just over $1.2 million in each of the last four calendar years for property taxes. The property taxes have been used for the annual Village contribution to the Police Pension Fund and partially support the Village contribution to the Illinois Municipal Retirement Fund. Discussion The tax levies of $1.2 million the past few years plus general revenues have supported the Village contributions to the pension funds. Staff and the Village Board discussed the Tax Levy options at the Committee of the Whole (COW) meeting on October 6, 2015 and at the October 20, 2015 Village Board meeting. Two options are still under consideration and are on the agenda to approve one or the other.

Option 1: An Ordinance levying the dollar amount ($1,274,551) which would maintain the tax levy rate the same as the calendar year 2014 Tax Levy. Due to the increase in Equalized Assessed Valuation for calendar 2015, the 2015 Tax Levy would actually increase $68,075 to keep the tax rate at .16338. This is staff’s recommended option.

Option 2: An Ordinance levying the total dollar amount equal to the calendar year 2014 Village tax Levy ($1,219,638).

The tax levy Ordinances are presented for a Second Reading and Adoption. Funding N/A

Recommendation Staff recommends the adoption of Option 1; Levy $1,274,551 for calendar 2015 which is estimated to keep the tax rate equivalent to the 2014 Tax Levy rate of .16338. Strategic Planning Objective: S.P.O. 1.1 Maintain mindful fiscal policy that strikes a healthy balance between resources and needs.


VILLAGE OF OSWEGO






ADOPTED BY


OF THE

VILLAGE OF OSWEGO







WHEREAS, the Village of Oswego (“Village”) has a population of more than 25,000 and

is therefore a “Home Rule Unit” under the 1970 Illinois Constitution; and

WHEREAS, the Illinois Constitution of 1970 provides that a Home Rule Unit may exercise

any power and perform any function pertaining to its government and affairs, including but not

limited to the power to regulate for the protection of the public health, safety, morals and welfare; to

license, to tax; and to incur debt; and


Village which are of a general and permanent nature, which said codified set is known and

designated as the Village Code of the Village of Oswego, as amended; and WHEREAS, the Village has complied with the requirements of the Truth in Taxation

Law.

NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE PRESIDENT AND

BOARD OF TRUSTEES OF THE VILLAGE OF OSWEGO, KENDALL AND WILL

COUNTIES, ILLINOIS IN THE EXERCISE OF THEIR HOME RULE, STATUTORY AND

OTHER POWERS, as follows:

Section 1: That the sum of one million two hundred nineteen thousand two

hundred sixty four dollars ($1,219,638) be and the same is assessed and levied from and against

all taxable property within the limits of the Village of Oswego as the same is assessed and

equalized for State and County purposes for the current year, 2015, for the Corporate and Special

Purposes of the Village, and the specific amount hereby levied by fund is set forth under the

column entitled "Amount To Be Raised By Tax Levy," as follows:

AMOUNT TO BE

RAISED BY TAX LEVY:

Police Pension Fund $1,219,638

The foregoing amount is hereby levied for police pension

purposes as set forth specifically under the Police Pension

Fund pursuant to the provisions of 40 ILCS 5/3-125.

Section 2: SEVERABILITY


subdivision, clause, sentence or provision of this Ordinance shall be adjudged by any Court of



Section 3: REPEALER


conflict.




PASSED by the Board of Trustees of the Village of Oswego, Kendall and Will Counties,

Illinois this __ day of ____, 2015.

RYAN KAUFFMAN JUDY SOLLINGER KARIN MCCARTHY-LANGE LUIS PEREZ _____ PAM PARR JOE WEST APPROVED by me, Gail E. Johnson, as President of the Village of Oswego, Kendall and

Will Counties, Illinois this ___ day of ______, 2015.


VILLAGE OF OSWEGO TRUTH IN TAXATION CERTIFICATION

I, Gail E. Johnson, hereby certify that I am the duly elected and qualified Village President

of the Village of Oswego and as such, I hereby certify that the 2015 Tax Levy of said Village, a copy of

which is attached hereto, was adopted pursuant to, and in all respects in compliance with, the provisions

of the Truth in Taxation Law, 35 ILCS 200/18-55 et seq. Because the levy does not exceed a five

percent increase over the preceding tax year’s extension, the hearing and notice by publication requirements

were not applicable.

IN WITNESS WHEREOF, I have placed my signature on this day of November,

2015.

Gail E. Johnson, Village President Village of Oswego



CLERK'S CERTIFICATE




AN ORDINANCE PROVIDING FOR THE LEVYING, ASSESSMENT AND COLLECTION OF

TAXES FOR THE 2015 TAX YEAR OF THE VILLAGE OF OSWEGO, KENDALL AND WILL

COUNTY, ILLINOIS


17th day of November, 2015, approved by the Village President on the 17th day of November




Meetings Act.




updated 11/17/2015



2001 649,936 306,863,298 0.211802002 703,656 53,720 8.27% 357,730,531 16.58% 0.19670 -0.01512003 769,051 65,395 9.29% 419,786,321 17.35% 0.18320 -0.01352004 841,319 72,268 9.40% 500,191,704 19.15% 0.16820 -0.01502005 885,020 43,701 5.19% 615,025,070 22.96% 0.14390 -0.02432006 1,004,275 119,255 13.47% 715,294,792 16.30% 0.14040 -0.00352007 1,116,935 112,660 11.22% 835,403,862 16.79% 0.13370 -0.00672008 4,609,562 3,359,800 1,249,762 * 132,827 11.89% 897,802,932 7.47% 0.13920 0.00552009 5,418,307 4,112,230 1,306,077 1,306,268 56,315 4.51% 933,315,018 3.96% 0.13994 0.00072010 4,910,765 3,604,688 1,306,077 1,306,204 -63 0.00% 889,906,116 -4.65% 0.14677 0.00682011 4,371,355 3,155,355 1,216,000 1,216,073 -90,132 -6.90% 836,708,892 -5.98% 0.14534 -0.00142012 4,512,986 3,296,986 1,216,000 1,216,083 10 0.00% 779,490,106 -6.84% 0.15601 0.01072013 4,532,244 3,316,244 1,216,000 1,216,099 16 0.00% 744,930,605 -4.43% 0.16325 0.00722014 4,525,470 3,305,832 1,219,638 1,219,667 3,539 0.29% 746,521,305 0.21% 0.16338 0.0001

Option #1 2015 4,573,826 3,286,113 1,287,713 68,075 3.52% 788,170,864 5.58% 0.16338 0.0000


Tax Year 2014 2015 2014 2015 2014 2015

Rate Increase 0.0000 EAV change 5.58%


@.33 49,500 52,262 82,500 87,103 115,500 121,944

Home Exemption 6,000 6,000 6,000 6,000 6,000 6,000

43,500 46,262 76,500 81,103 109,500 115,944

Tax Rate 0.16338 0.16338 0.16338 0.16338 0.16338 0.16338

7,107 7,558 12,499 13,251 17,890 18,943Tax amount $71.07 $75.58 $124.99 $132.51 $178.90 $189.43


updated 11/17/2015



2001 649,936 306,863,298 0.211802002 703,656 53,720 8.27% 357,730,531 16.58% 0.19670 -0.01512003 769,051 65,395 9.29% 419,786,321 17.35% 0.18320 -0.01352004 841,319 72,268 9.40% 500,191,704 19.15% 0.16820 -0.01502005 885,020 43,701 5.19% 615,025,070 22.96% 0.14390 -0.02432006 1,004,275 119,255 13.47% 715,294,792 16.30% 0.14040 -0.00352007 1,116,935 112,660 11.22% 835,403,862 16.79% 0.13370 -0.00672008 4,609,562 3,359,800 1,249,762 * 132,827 11.89% 897,802,932 7.47% 0.13920 0.00552009 5,418,307 4,112,230 1,306,077 1,306,268 56,315 4.51% 933,315,018 3.96% 0.13994 0.00072010 4,910,765 3,604,688 1,306,077 1,306,204 -63 0.00% 889,906,116 -4.65% 0.14677 0.00682011 4,371,355 3,155,355 1,216,000 1,216,073 -90,132 -6.90% 836,708,892 -5.98% 0.14534 -0.00142012 4,512,986 3,296,986 1,216,000 1,216,083 10 0.00% 779,490,106 -6.84% 0.15601 0.01072013 4,532,244 3,316,244 1,216,000 1,216,099 16 0.00% 744,930,605 -4.43% 0.16325 0.00722014 4,525,470 3,305,832 1,219,638 1,219,667 3,539 0.29% 746,521,305 0.21% 0.16338 0.0001

Option #2 2015 4,505,751 3,286,113 1,219,638 0 0.00% 788,170,864 5.58% 0.15474 -0.0086


Tax Year 2014 2015 2014 2015 2014 2015

Rate Increase -0.0086 EAV change 5.58%


@.33 49,500 52,262 82,500 87,103 115,500 121,944

Home Exemption 6,000 6,000 6,000 6,000 6,000 6,000

43,500 46,262 76,500 81,103 109,500 115,944

Tax Rate 0.16338 0.15474 0.16338 0.15474 0.16338 0.15474

7,107 7,159 12,499 12,550 17,890 17,941Tax amount $71.07 $71.59 $124.99 $125.50 $178.90 $179.41


AGENDA MEMORANDUM



FROM: Finance Director, Mark G. Horton, CPFO



SUBJECT: Adopt calendar year 2015 Property Tax Levy Abatements

Purpose

Adopt the 2015 Property Tax Levy Abatement Ordinances

Background

The Village of Oswego has issued numerous bond issues to construct capital projects within the

Village limits for the benefit of its residents. The Bond Ordinances adopted for each respective

issuance levies a property tax on all the property within Village limits to pay the annual principal

and interest due on the bonds. The Village Board has abated each of the bond levies every year

and pays the annual principal and interest due from existing revenues. Specifically, general

operating revenues, Motor Fuel tax revenue and Water utility revenue are used to make the

annual debt service payments.

Discussion

The 2015 Property Tax Levy Abatement Ordinances eliminate the tax levy for each of the Bond

issuances on file with the Kendall County Clerk. The total tax levy abatement is $3,286,113 for

the 2006A, 2006B, 2009, 2011, 2012, 2013 and 2014 bond issuances.

Funding

N/A

Recommendation

Adopt the 2015 Property Tax Abatements

Strategic Planning Objective:

S.P.O. 1.1 Maintain mindful fiscal policy that strikes a healthy balance between resources and

needs.



VILLAGE OF OSWEGO



AN ORDINANCE ABATING THE TAX HERETOFORE LEVIED

FOR THE YEAR 2015 TO PAY THE PRINCIPAL OF AND INTEREST ON

THE $9,970,000 GENERAL OBLIGATION ALTERNATE REVENUE BONDS, SERIES 2006A,

DATED MAY 15, 2006

OF THE VILLAGE OF OSWEGO, KENDALL AND WILL COUNTY, ILLINOIS

ADOPTED BY


OF THE

VILLAGE OF OSWEGO








DATED MAY 15, 2006







to incur debt; and


Village which are of a general and permanent nature, which said codified set is known and designated as

the Village Code of the Village of Oswego, as amended; and

WHEREAS, the President and Board of Trustees (the "Corporate Authorities") of the Village of

Oswego, Kendall County, Illinois (the "Village") by Ordinance No. 06-46 adopted on the 24th day of

April, 2006 ("Ordinance"), did provide for the issue of $9,970,000 General Obligation Alternate Revenue

Bonds, Series 2006A, dated May 15, 2006 (the "Bonds"), and the levy of a direct annual tax in the

Ordinance sufficient to pay the principal of and interest on the Bonds; and

WHEREAS, the Village will have Pledged Revenues (as defined in the ordinance) available for

the purpose of paying the principal of and interest on the bonds up to and including December 15, 2015;

and

WHEREAS, it is necessary and in the best interests of the Village that the tax heretofore levied

for the year 2015 to pay the principal of and interest on the bonds be abated.



ILLINOIS IN THE EXERCISE OF THEIR HOME RULE, STATUTORY AND OTHER

POWERS, as follows:


Section 1: Abatement of Tax: The tax heretofore levied for the year 2015 in the Ordinance

adopted April 24th, 2006 is hereby abated in its entirety as follows:

Tax Levied in Ordinances

Year $9,970,000 Total Amount

of Dated of Tax to be

Levy May 15, 2006 Abated 2015 $544,075 $544,075




jurisdiction to be invalid, such judgment shall not affect, impair, invalidate or nullify the remainder

thereof, which remainder shall remain and continue in full force and effect.

Section 3: REPEALER


conflict.





this 17th day of November, 2015.

RYAN KAUFFMAN JUDY SOLLINGER KARIN MCCARTHY-LANGE LUIS PEREZ _____ PAM PARR JOE WEST APPROVED by me, Gail E. Johnson, as President of the Village of Oswego, Kendall and Will

Counties, Illinois this ___ day of ______, 2015.




CLERK'S CERTIFICATE







DATED MAY 15, 2006



17th day of November, 2015, approved by the Village President on the day of November,




Meetings Act.

IN WITNESS WHEREOF, I have hereunto set my hand this __ day of __________, 2015.




VILLAGE OF OSWEGO





THE $1,585,000 GENERAL OBLIGATION ALTERNATE REVENUE BONDS, SERIES 2006B,

DATED MAY 15, 2006


ADOPTED BY


OF THE

VILLAGE OF OSWEGO








DATED MAY 15, 2006







to incur debt; and




WHEREAS, THE President and Board of Trustees (the "Corporate Authorities") of the Village

of Oswego, Kendall County, Illinois (the "Village") by Ordinance No. 06-47 adopted on the 24th day of

April, 2006 ("Ordinance"), did provide for the issue of $1,585,000 General Obligation Alternate Revenue

Bonds, Series 2006B, dated May 15, 2006 (the "Bonds"), and the levy of a direct annual tax in the

Ordinance sufficient to pay the principal of and interest on the Bonds; and



and






POWERS, as follows:



adopted April 24th, 2006 is hereby abated in its entirety as follows:




Levy May 15, 2006 Abated 2015 $135,625 $135,625






Section 3: REPEALER


conflict.











CLERK'S CERTIFICATE







DATED MAY 15, 2006



17th day of November, 2015, approved by the Village President on the ___ day of _________,




Meetings Act.





VILLAGE OF OSWEGO





THE $9,015,000 TAXABLE GENERAL OBLIGATION BONDS, SERIES 2009,

DATED SEPTEMBER 2, 2009


ADOPTED BY


OF THE

VILLAGE OF OSWEGO

This __ day of ___, 2015









_____________________________________________________________________________________






to incur debt; and




WHEREAS, the President and Board of Trustees (the “Corporate Authorities”) of the Village of

Oswego, Kendall County, Illinois (the “Village”), by Ordinance Number 09-64, adopted on the 18th day

of August, 2009 (the “Ordinance”), did provide for the issue of $9,015,000 General Obligation Bonds,

Series 2009 (the “Bonds”), and the levy of a direct annual tax sufficient to pay the principal of and

interest on the Bonds; and



and







POWERS, as follows:


adopted August 18th, 2009 is hereby abated in its entirety as follows:




Levy September 2, 2009 Abated 2015 $940,288 $940,288

Section 2: SEVERABILITY This ordinance and every provision thereof shall be considered severable. If any section, paragraph,




Section 3: REPEALER


conflict.





this __ day of ____, 2015.






CLERK'S CERTIFICATE









which Ordinance was duly adopted by said Board of Trustees at a special meeting held on the __

day of ___________, 2015, approved by the Village President on the ___ day of _________,




Meetings Act.





VILLAGE OF OSWEGO





THE $4,055,000 GENERAL OBLIGATION REFUNDING BONDS, SERIES 2011,

DATED DECEMBER 20, 2011


ADOPTED BY


OF THE

VILLAGE OF OSWEGO















to incur debt; and





Oswego, Kendall County, Illinois (the “Village”), by Ordinance Number 11-72, adopted on the 18th day

of November, 2011 (the “Ordinance”), did provide for the issue of $4,055,000 General Obligation

Refunding Bonds, Series 2011 (the “Bonds”), and the levy of a direct annual tax sufficient to pay the

principal of and interest on the Bonds; and



and






POWERS, as follows:



adopted November 18th, 2011 is hereby abated in its entirety as follows:




Levy December 20, 2011 Abated 2015 $415,875 $415,875






Section 3: REPEALER


conflict.











CLERK'S CERTIFICATE














Meetings Act.





VILLAGE OF OSWEGO






DATED OCTOBER 11, 2012


ADOPTED BY


OF THE

VILLAGE OF OSWEGO















to incur debt; and





Oswego, Kendall County, Illinois (the “Village”), by Ordinance Number 12-53, adopted on the 21st day

of August, 2012 (the “Ordinance”), did provide for the issue of $2,325,000 General Obligation





and






POWERS, as follows:



adopted August 21st, 2012 is hereby abated in its entirety as follows:




Levy October 11, 2012 Abated 2015 $371,700 $371,700






Section 3: REPEALER


conflict.











CLERK'S CERTIFICATE














Meetings Act.





VILLAGE OF OSWEGO






DATED MAY 17, 2013


ADOPTED BY


OF THE

VILLAGE OF OSWEGO








DATED MAY 17, 2013







to incur debt; and





Oswego, Kendall County, Illinois (the “Village”), by Ordinance Number 13-24, adopted on the 7th day of

May, 2013 (the “Ordinance”), did provide for the issue of $8,595,000 General Obligation Refunding

Bonds, Series 2013 (the “Bonds”), and the levy of a direct annual tax sufficient to pay the principal of

and interest on the Bonds; and



and






POWERS, as follows:



adopted May 7th, 2013 is hereby abated in its entirety as follows:




Levy May 17, 2013 Abated 2015 $307,250 $307,250






Section 3: REPEALER


conflict.











CLERK'S CERTIFICATE







DATED MAY 17, 2013







Meetings Act.





VILLAGE OF OSWEGO






DATED NOVEMBER 20, 2014


ADOPTED BY


OF THE

VILLAGE OF OSWEGO















to incur debt; and





Oswego, Kendall County, Illinois (the “Village”), by Ordinance Number 14-90, adopted on the 21st day

of October, 2014 (the “Ordinance”), did provide for the issue of $4,040,000 General Obligation





and






POWERS, as follows:



adopted October 20th, 2014 is hereby abated in its entirety as follows:




Levy November 20, 2014 Abated 2015 $571,300 $571,300






Section 3: REPEALER


conflict.











CLERK'S CERTIFICATE














Meetings Act.




MEMORANDUM

To: Village President and Board of Trustees


From: Village Clerk, Tina Touchette

Date: November 9, 2015

Agenda: November 17, 2015 Special Village Board Meeting Subject: Amend Title 3 Chapter 31 Code of Ordinances- Video Gaming Purpose To amend Title 3 Chapter 31 code of ordinances relating to video gaming. Background/History Board Action Previously Taken: Date Action May 7, 2013 Board approved Video Gaming in the Village of

Oswego; Ordinance No. 13-25 December 17, 2013 Amended Video Gaming Ordinance – Restrictions on

Operation; Ordinance No. 13-81 June 17, 2014 Staff report at Regular Board meeting; video gaming

update; no action June 2, 2015 COTW-Video Gaming Update; Board requested site

visits and staff follow-up November 3, 2015 Staff report- Video gaming discussion and direction on

proposed code amendments At the November 3, 2015 Board meeting, staff was given direction on the following:

To designate the approval of video gaming licenses to the Village President and Board of Trustees

To reduce the number of video gaming licenses to the current number of licenses approved by the Village Board

Cap the number of video gaming licenses, with the liquor classification of “A”, to five (5) licenses

Discussion The following is a brief description of the proposed changes: 3-31-4. – Issuance.

The Village Clerk Village President and Board of Trustees shall issue approve the license

requested under this article unless he or she they shall find:

100 Parkers Mill, Oswego, IL 60543 (630) 554-3618 Fax (630) 554-3306 Website: http://www.oswegoil.org

2

(1) That the applicant is under the age of 21.

(2) That the applicant or any principal officer therein has held a license under this article or had an interest therein that was revoked for cause.

(3) That the applicant or any principal officer therein has furnished false or misleading information on the application.

(4) That the applicant or any principal officer has even been convicted of a felony.

(5) That no video gaming license is available.

(6) That the applicant does not possess a valid liquor license.

3-31-9. – Number of licensed establishments.

(A) Video gaming licenses shall only be issued to establishments which have a valid liquor

license. There shall be no more than ten locations in the Village at anytime where licenses are issued the

following video gaming licenses in effect at any one time; categorized by the liquor classification of:

Class “A” 5

Class “C” 2

Class “D” 0

Class “E” 2

Class “G” 0

(B) Upon the alienation, sale, transfer, assignment or donation of the business that underlines

underlies the license to any third party or person other than the licensee, or termination of the liquor

license that underlies the video gaming license. The video gaming license shall automatically become

void and the number of available licenses as authorized by the corporate authorities for the particular class

of liquor license shall automatically and immediately be reduced by one.

Funding N/A Recommendation Staff is recommending approval of the code amendments. Strategic Planning Objective N/A

VILLAGE OF OSWEGO KENDALL AND WILL COUNTY, ILLINOIS

________________________________________________________________


AN ORDINANCE AMENDING TITLE 3 CHAPTER 31 OF THE CODE OF ORDINANCES FOR THE VILLAGE OF OSWEGO, KENDALL COUNTY, ILLINOIS

(VIDEO GAMING)

________________________________________________________________

ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES

OF THE VILLAGE OF OSWEGO

This __ day of ___, 2015

________________________________________________________________

Published in pamphlet from by authority of the President and Board of Trustees of the Village of Oswego on ________, 2015.

2



(VIDEO GAMING) ________________________________________________________________






to incur debt; and




WHEREAS, the Village Board finds it necessary and proper to amend said Code as follows,

which this Board finds is in the best interests of the Village of Oswego.




POWERS, as follows

Section 1: That Section 3-31-4 is hereby amended as follows:

3-31-4. – Issuance.

The Village Clerk Village President and Board of Trustees shall issue approve the license

requested under this article unless he or she they shall find:

(1) That the applicant is under the age of 21.

(2) That the applicant or any principal officer therein has held a license under this article or had an interest therein that was revoked for cause.

(3) That the applicant or any principal officer therein has furnished false or misleading information on the application.

(4) That the applicant or any principal officer has ever been convicted of a felony.

3

(5) That no video gaming license is available.

(6) That the applicant does not possess a valid liquor license.

Section 2: That Section 3-31-9 is hereby amended as follows:

3-31-9. – Number of licensed establishments.

(A) Video gaming licenses shall only be issued to establishments which have a valid liquor

license. There shall be no more than ten locations in the Village at anytime where licenses are issued the

following video gaming licenses in effect at any one time; categorized by the liquor classification of:

Class “A” 5

Class “C” 2

Class “D” 0

Class “E” 2

Class “G” 0

(B) Upon the alienation, sale, transfer, assignment or donation of the business that underlines

underlies the license to any third party or person other than the licensee, or termination of the liquor

license that underlies the video gaming license. The video gaming license shall automatically become

void and the number of available licenses as authorized by the corporate authorities for the particular

class of liquor license shall automatically and immediately be reduced by one.


This ordinance and every provision thereof shall be considered severable. If any section,

paragraph, subdivision, clause, sentence or provision of this Ordinance shall be adjudged by any Court of



Section 4: REPEALER

All ordinances or parts of ordinances in conflict herewith are hereby repealed to the extent of

such conflict.


4




this __ day of ____, 2015.

RYAN KAUFFMAN JUDY SOLLINGER KARIN MCCARTHY-LANGE LUIS PEREZ _____ PAM PARR JOE WEST



GAIL E. JOHNSON, VILLAGE PRESIDENT

TINA TOUCHETTE, VILLAGE CLERK

5






(VIDEO GAMING)






Meetings Act.




AGENDA MEMORANDUM

TO: Village President Johnson and Board of Trustees


FROM: Community Development Director, Rod Zenner


AGENDA: December 1, 2015 Village Board Meeting

SUBJECT: 11 S. Madison Street – The Garden Faire Variance – Fence

Project # 920.15 Purpose: To consider an ordinance approving a variance for a fence in the front yard with a 0’ setback, and a height of 4’. Background: Board Action Previously Taken: Date: Action: February 15, 2011 Approved a fence at 5 S. Madison by Ordinance #11-29 Discussion: The petitioner is requesting a variance to allow a fence in the front yard, increase in height from 3’ to 4’ and allow a 0’ setback. The petitioner intends to enclose the paved area in the front of the existing building for a display area for garden plants and supplies, and connect the site to the existing Garden Faire business. This will be an expansion of the existing business, and the properties will be connected behind said fence along Madison Street. The intent of this petition is to match the existing fencing on the entire frontage of their business and expansion area along Madison Street. The petitioner presented the proposal at the November 5, 2015 Planning and Zoning Commission meeting. Please see the attached Plan Commission staff report for additional information. The PZC discussed the business expansion and the location and type of fencing. Discussion addressed the petitioner’s rationale for the setback reduction and additional height request. Although there was dissent regarding sufficient justification of the height variance, a motion was made and seconded to recommend approval of the request with vote of 5 ayes and 1 nay. The dissenting vote was in favor of the fence, but at a height of 3 feet, not 4’ as proposed. Funding: Not Applicable Recommendation: Staff recommends approval of the ordinance approving the variance for 11 S. Madison Street and waiving second read. Strategic Plan Objectives: Not Applicable

100 Parkers Mill Oswego, IL 60543 (630) 554-3622 Fax: (630) 551-3975 www.oswegoil.org

11 S. Madison Street November 9, 2015 Page 2

Fence detail

VILLAGE OF OSWEGO KENDALL AND WILL COUNTY, ILLINOIS


AN ORDINANCE OF THE VILLAGE OF OSWEGO, KENDALL AND WILL COUNTIES, ILLINOIS, APPROVING A VARIANCE FOR FENCE HEIGHT AND

SETBACK AT 11 S. MADISON STREET IN THE VILLAGE OF OSWEGO, KENDALL COUNTY, ILLINOIS

(11 S. Madison Street; Project #920.15)

ADOPTED BY THE PRESIDENT AND BOARD OF TRUSTEES

OF THE VILLAGE OF OSWEGO

This __ day of ___, 2015

Prepared by and Return to:

Village of Oswego 100 Parkers Mill

Oswego, IL 60543











to incur debt; and




WHEREAS, The Garden Faire LLC has submitted a request for a variance for a fence in the

front yard with a 0’ setback and a height of 4’; and

WHEREAS, the property is currently zoned B-3 Community Service and Wholesale District and

improved with a commercial building and pavement/parking areas.

WHEREAS, the Plan Commission held a public hearing on November 5, 2015 and

recommended approval of the variance for a fence in the front yard with a 0’ setback and a height of 4’;

and




POWERS, as follows:

Section 1: That the recitals set forth above are incorporated here by reference, and the

application for a variance for a fence in the front yard with a 0’ setback and a height of 4’, is approved.

The Property is legally described on Exhibit "A", and depicted on an accurate location map identified as

Exhibit "B".






Section 3: REPEALER


conflict.





this __ day of ____, 2015.

RYAN KAUFFMAN JUDY SOLLINGER KARIN MCCARTHY-LANGE PAM PARR _____ LUIS PEREZ JOE WEST
















Meetings Act.




EXHIBIT “A” LEGAL DESCRIPTION

LOT 4, LOT 5, AND LOT 8, INCLUDING THE ADJACENT VACATED ALLEY, IN BLOCK 2 OF THE ORIGINAL TOWN OF OSWEGO, IN THE VILLAGE OF OSWEGO, KENDALL COUNTY, ILLINOIS. Commonly known as: 11 S. Madison Street, Oswego IL 60543 PINs: 03-17-332-006; 03-17-332-008


EXHIBIT “B” LOCATION MAP

(11 S. Madison Street – Project #920.15)

STAFF REPORT DATE: October 29, 2015 TO: Chairman and Planning and Zoning Commission FROM: Karen Zilly, Community Development Planner SUBJECT: Staff Report for the November 5, 2015 Planning and Zoning Commission

11 S. Madison Street - Garden Faire (and part of 25 S. Madison St.) Variance – Fence Setback

Project # 920.15 Applicant Zbynek Zidlicky / Garden Faire LLC Petition The petitioner is requesting approval of a variance to allow a fence within the front yard, and reduce its setback from 20 feet to 0 feet, for the commercial building site encompassing the bulk of the property at 11 S. Madison Street and including a portion of the parcel at 25 S. Madison. Controlling Agreements None. Existing Zoning, Land Use and Location The property is the now-vacant former used auto sales property which encompasses most of the parcel at 11 S. Madison, and part of the parking lot on the 25 S. Madison parcel. The site is zoned B-2 Community Shopping District and is improved with a building and parking lot. Surrounding Zoning and Land Uses North: B-2 Community Shopping District (Garden Faire) South: B-2 Community Shopping District (My Lil Sister’s Donut Shoppe) East: B-1 Neighborhood Business District, B-2 Community Shopping District (Post Office,

Park, Bank) West: B-1 Neighborhood Business District (Commercial uses) Relationship to Village Comprehensive Plan The current improvements are for “Commercial” use, which is consistent with the Comprehensive Plan.

COMMUNITY DEVELOPMENT DEPARTMENT

100 Parkers Mill Oswego, IL 60543 (630) 554-3622 Fax: (630) 551-3975 Website: http://www.oswegoil.org

11 S. Madison Street - Garden Faire Variance - Fence Project #920.15 October 29, 2015 Page 2 Donation Requirements None. Staff Analysis The petitioner is requesting a variance to allow a fence in the front yard, increase in height from 3’ to 4’ and allow a 0’ setback. The petitioner intends to enclose the paved area in the front of the existing building for a display area for garden plants and supplies, and connect the site to the existing Garden Faire business. This will be an expansion of the existing business, and the properties will be connected behind said fence along Madison Street. In the B-2 Commercial District, a fence is not allowed within the required 20 foot front yard setback. Fences in the front yards are also limited to 3 feet in height. If approved, the proposed variance would allow a portion of the property that was previously used for parking and access to the garage area to be used for outdoor plant and product displays. The outdoor display area would be an expansion of the outdoor display area at the existing adjacent Garden Faire business. The proposed fence would limit access to Madison St. (US Route 34) by virtue of a proposed gate at the existing curb cut; front access would be limited to emergency access. General access to the site would be through the existing adjacent Garden Faire property, and from the public alley in the rear. The proposed fence would virtually be an extension of the existing fence on the current Garden Faire site, for which a variance was granted in 2011. The petitioner proposes, and staff recommends, that the material/type of fencing used match the black aluminum fencing on the Garden Faire site, for the frontage on Madison Street and the portion of fencing wrapping the site of the lot that is visible from Madison Street. Standards for Variance The petitioner has responded as follows: 1. The property in question cannot yield a reasonable return if permitted to be used only under

the conditions allowed by the regulations of the district in which it is located. We have a 6” curb which is on the edge of the public right of way. The fence variance requested is to have the fence go up to curb because it would be a safety issue if not.

2. The alleged hardship has not been directly created by any person presently having a

proprietary interest in the premises. No it has not.

3. Strict enforcement of this title would result in practical difficulties or imposed exceptional hardships due to special and unusual conditions which are not generally found on other properties in the same zoning district. The variance would be for public safety because the curb would be a tripping hazard if the fence was set back according to Village of Oswego requirements. It would prevent any hazards if the fence would go up to the curb. The curb is at the edge of the public right of way.

11 S. Madison Street - Garden Faire Variance - Fence Project #920.15 October 29, 2015 Page 3 4. The proposed variation will not be materially detrimental to the public welfare or injurious to

other property or improvements in the neighborhood and will not alter the essential character. No it would improve public welfare; currently the curb is 6” above remaining paved area.

5. The proposed variation is in harmony with the spirit and intent of this ordinance. Yes we will

be using the same fencing material that is at 5 S. Madison Street. It would be an extension of the present fence.

Recommendation Though the petitioner may not have met the strictest interpretation of the standards, staff recommends approval of the variance.

11 S. Madison Street - Garden Faire Variance - Fence Project #920.15 October 29, 2015 Page 4

Location Map

Red: Outline of subject site Green: Proposed fencing locations – no variance Purple: Proposed fencing locations – Variance required

Existing Garden Faire; 5 S. Madison

Exsting Garden Faire;

5 S. Madison

l

·.

G -r

'1,..

:J .)J G l ())')

- ()

~ " v -'r

'<)

" -'C >~ .... w

1.;-

'\)

I ..l

)

\

:-

t

~'~~ ~ ~- l , I

..,. ... . '[. " ~ <"

<5 h

L. __ _

. ).( - '

. , -'f, I,;

'/ .. _.. UJ

<J <

!L

.?1 ·I· 1 ~' >-.. I

O:. JJ

'I ·J ......

/ l ·---- _,_

/

' ' -r~- · -· t' } '

0( {" s

)

~

··I

' , ;

,. -

-\..• 0 ~/

·~ (j

c • i,J

v ~ I '?\}.

.£ '· 'I',

~ "~ e

):~...

v l.J

'" ·-.,., <

. I ·n >..

(JJ

v l

'1 u..

\ 'lJ

~ (

s c...9

'V

? 0 0

)- \!) Y.. \'6 J ) ..J 0 .Q (Y)

l'v)

Nr a

~ ('{)

N0

ALLEY

72FT 116FT -,

GATE 11 S.~scN

5S.~SON 122rr '

WEFFERSON STf '

27.5 n 57.2 rr ' '

60 FT 132FT

~ PROPOSED ~W FENCE ExiSTING FENCE

i FIRE ACCESS i 122 FT GATE 106FT

MADisoN Sr.

notice and agenda - oswego, illinois › pdf › 2015.11.17spclvb.pdfnov 17, 2015 · eco...

Documents