Conference Guide Inside Take This Issue to Chicago! PLUS: Referenda Results ·· Tips on Professionalism Trends · 2009 Legal Calendar

Total Page:16

File Type:pdf, Size:1020Kb

Conference Guide Inside Take This Issue to Chicago! PLUS: Referenda Results ·· Tips on Professionalism Trends · 2009 Legal Calendar Volume 40, Number 1 January/February 2009 ! Conference Guide Inside Take this Issue to Chicago! PLUS: Referenda Results ·· Tips on Professionalism Trends · 2009 Legal Calendar IN THIS ISSUE C1 12 29 FEATURES SPECIAL FOCUS DEPARTMENTS 12 Referenda Results C1-C64 2009 Conference Program 4 From the Editor November 4, 2008 Use this insert to plan your perfect conference experience, and take this issue with you to Chicago on January 6 Get on Board 14 Legal Calendar 2009 29-31. prepared by Peter M. Murphy, IAPD The Four Basics of Board Service General Counsel 8 Eye on the Profession 18 Maximizing Your Work Smarter and Harder in 2009 Professionalism Potential by Nancy Aldrich, CPRP, MA 10 Statehouse Insider 29 Web Xtra: 2008 Legislative Election Results Future Influences and Trends Offer New Opportunities for 33 People and Places Parks and Recreation by Stacy Turner 31 Kite Months for Kite Plates ! Take this Issue to Chicago! ILLINOIS PARKS AND RECREATION illinois FROM THE EDITOR She … PR PARKS AND RECREATION is having … fun (fun is the one thing that money can’t buy) – Paul McCartney and John Lennon “She’s Leaving Home,” Sergeant Pepper’s Lonely Hearts Club Band, 1967 OFFICES IPRA Representatives MICKEY MACHOLL CARRIE HAUPERT, CPRP 217.523.4554 Hanover Park Park District Bloomingdale Park District There was that LAURA BARRON, CPRP impressionable period, FAX Oakbrook Terrace Park District NATE MARTIN JOHN McGOVERN Rockford Park District NSSRA between the ages of 13 and 217.523.4273 ARNIE BIONDO 17, when voices recorded on Carol Stream Park District LOIS NICKSON CAROLYN NAGLE, CTRS, CPRP E-MAIL Macomb Park District Fox Valley SRA vinyl shaped my thinking rwhelpley@ILparks.org CHERYL CRISMAN, CPRP more than teachers or preachers or my mother and father. Plainfield Park District JOSEPH PETRY RON OESTREICH, CPRP And it has taken me all the years since to verify or disabuse WORLD WIDE WEB Champaign Park District Bollingbrook Park District www.ILparks.org MIKE DOTY, CPRP myself of notions that all those charming and troubled www.ILipra.org Sun City, Huntley D. DEWEY PIEROTTI JR. ROBERT ORSI, CPRP young men with guitars (mostly the Beatles) poured into my Forest Preserve District Geneseo Community Park District MAIL ELSA FISCHER, CPRP of DuPage County head. LORIKAY PADEN, CPRP 211 East Monroe Street Northbrook Park District ROBERT SMITH University of Illinois At my house this past holiday season, we decided to put Springfield, Illinois 62701-1186 all our Christmas gift money into a fund to see if it was JAMES ROGERS, CPRP Arlington Heights Park District RON SALSKI, CPRP Managing Editor Elmhurst Park District enough to pay for season passes to the local waterpark. Wheeling Park District TED FLICKINGER, IAPD HEADQUARTERS That sounds like paying for fun. Well, it is and it isn’t. President and Chief ILLINOIS ASSOCIATION OF 211 East Monroe Street MIKE TOOHEY, CPRP Executive Officer, IAPD Fundamentally, I still believe that fun something money PARK DISTRICTS Springfield, IL 62701-1186 Wheaton Park District 217.523.4554 can’t buy. But I like to hedge that bet because I’ve been Editor MIKE KROST www.ILparks.org RODD WHELPLEY, IPRA HEADQUARTERS around long enough to know that money sure does help Chairman Publications Director, IAPD 1815 S. Meyers Rd., Suite 400 afford the opportunity for fun, especially during the hot, hot Chillicothe Park District TED FLICKINGER, Ph.D., CPRP, CAE Oakbrook Terrrace, IL 60181 days of July and August. President and Chief Executive Officer Graphic Design COLETTE M. KUBIESA 630.376.1911 GOSS GRAPHIC DESIGN Of course last year we didn’t think twice. We got Chairman Elect CINDY DEITERS www.ILipra.org 217.423.4739 Elmhurst Park District ourselves to the waterpark in February, plunked down our www.gossgrfx.com Marketing Director money and left with ID tags in hand. (All summer long we BOBBIE JO HILL WILLIAM J. M. WALD, CAE, CPRP SCOTT TRIPHAHN Public Relations Director Chief Executive Officer flashed passes that featured photos of us in our winter Advertising Sales Immediate Past Chairman Representative Hoffman Estates Park District jackets.) BETH SALTZ ALAN HOWARD MATT BARBER, CPRP, MS Finance Director Research and Resources Manager You don’t need me to tell you about the economic Arlington Publishers Representatives WALLY FRASIER P.O. Box 1555 Vice Chairman SHERRI KHILE NANCY BOYK climate change that has blown in since February 2008. Arlington Heights, Illinois 60006 Mundelein Park and Recreation District You’re experiencing that already (both in your roles as 847.509.9810 Executive Secretary Office Assistant FAX: 847.509.9816 LINDA JOHNSON consumers and as service providers). As Bill Wald points PETER M. MURPHY, CAE DOROTHY BRINK bsaltz@arlpub.com Vice Chairman General Counsel Executive Assistant out in his column on page 8, when even the most fun- Crete Park District loving families are hunkered down, bracing against tough JOINT EDITORIAL SHANNON SARTAIN DEAN COMBER GEORGE LONGMEYER Legal Secretary times, you’ll be working extra hard this year to earn your COMMITTEE Vice Chairman Information Technology/ Schaumburg Park District Project Management Director program registration fees. SUE TRIPHAHN, CMP IAPD Representatives Luckily, you have some advantages. WILLIS “BILL” LOGAN Educational Services Director DIANE FRANDSEN First, Illinois agencies have an unmatched track record Treasurer Education & Conference Assistant ANN AUSTIN Springfield Park District RODD WHELPLEY of providing opportunities for fun. (Look at all those national Rock Island Park and Publications Director DINA KARTCH Gold Medals.) By this time, you are likely well branded in Recreation Department CHRIS RILEY Education & Conference Director your community as the place to go for fun. Sergeant at Arms ILLINOIS PARK AND RHONDA BROWNE Decatur Park District RECREATION ASSOCIATION NICK LAU Second, when times are hard, and work – if there’s Hazel Crest Park District IT Specialist much of it – fails to satisfy, then people are likely to crave DONALD V. ANDERSEN MARY ANN CHAMBERS Oak Lawn Park District TRACEY M. CRAWFORD, CPRP, CTRS MIKE SELEP, CPRP escapist entertainment. (Think of those stories of the Great Northbook Park District Chairman Professional Services Director Depression. People were always managing to scrape MARY ANN CHAMBERS NSSRA WALLY FRASIER Northbrook Park District HEATHER WEISHAAR together a buck or two for the movies.) Your agencies Mundelein Park and AMY CHARLESWORTH, CPRP Development & Project Director provide active entertainment. Recreation District CARL FLOWERS Immediate Past Chairman Third, you are in line with people’s values. I’m not just Carbondale Park District Rolling Meadows Park District ROBERT GELWICKS talking ‘value’ in the “bang for the buck” sense of the word. Downers Grove Park District DAVID HANSON CHERYL CRISMAN, CPRP I’m talking about people’s core values, one of the most Itasca Park District Plainfield Park District MIKE KROST prominent of which is family. In 2009, I predict that Chillicothe Park District JERRI-LYNN KEINA households will part with their remaining discretionary Alsip Park District funds as long as you show them that your agencies are the places where the whole family can come for opportunities to have fun together. Illinois Parks and Recreation As Bill Wald points out, your job is to remind the (ISSN 0019-2155) is published bimonthly at 211 E. Monroe Street, Springfield, Illinois, by the Illinois Association of Park Districts and the Illinois Park and Recreation Association. Annual subscription rates: $6 for IAPD/IPRA members; $25 for non-members; $30 foreign; $20 educational community of these things. Contrary to what the Beatles institutions. Single copies: $2 members; $5 nonmembers. Periodicals postage paid at Springfield, Illinois and additional post offices. POSTMASTER: Send address changes to Illinois Parks & Recreation, 211 E. Monroe Street, Springfield, IL 62701-1186. Opinions expressed in told me, fun (or at least the opportunity for fun) is this publication are those of the authors and do not necessarily express the official views of the IAPD/IPRA. Likewise, the publication of any advertisement is not to be construed as an endorsement of the product or services offered. Members of the IAPD and the IPRA and other something that can be bought – and bought well – at your interested persons are encouraged to submit articles and illustrative photos for possible publication in the magazine. Send for manuscript guidelines and deadline dates: Editor, Illinois Parks & Recreation, 211 E. Monroe Street, Springfield, IL 62701-1186, 217.523.4554, agencies. rwhelpley@ILparks.org, www.ILparks.org. By submitting articles for publication, authors are assigning the copyright to the Illinois Association of — RODD WHELPLEY Park Districts. Copyright© by the Illinois Association of Park Districts and the Editor Illinois Park and Recreation Association. All rights reserved. Reprints of articles in whole or in part without prior written permission are prohibited. 4 Illinois Parks & Recreation www.IPRAonline.com GET ON BOARD Dr. Ted Flickinger The Four Basics of Board Service IAPD President and Chief Executive Officer It’s hard to believe, but in a few weeks pitchers and catchers will 2. Teamwork report to Florida and Arizona for spring training. Even though many of Most board members are leaders in their communities. When the guys lacing up the spikes will be high-paid veterans, no doubt the outstanding community leaders serve on an agency board, the potential managers and coaches will take the first few days getting back to for great things happening is always there. Bringing diverse personalities basics. together on a board, though, raises some questions about the nature of Good managers know that you can’t review the fundamentals board service. enough. So, as we turn from 2008 to 2009, now is a good time for The key question is: How do you create an effective board with so board members to review their own set of fundamentals. many strong personalities? The answer is that each board member has to g understand that the board is not a collection of individuals, but a team.
Recommended publications
  • H.2 Actions of the Board, Its Staff, and The
    ANNOUNCEMENT H.2, 1995, No. 17 Actions of the Board, its Staff, and BOARD OF GOVERNORS the Federal Reserve Banks; OF THE Applications and Reports Received FEDERAL RESERVE SYSTEM During the Week Ending April 29, 1995 ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS One-dollar coin for the current one-dollar banknote - - statement by Governor Kelley to the Subcommittee on Domestic and International Monetary Policy of the House Committee on Banking and Financial Services, May 3, 1995. Authorised, April 28, 1995. BANK HOLDING COMPANIES Illinois Financial Services, Inc., Chicago, Illinois -- request for reconsideration of Board’s approval of application to acquire Archer Financial Corporation, Archer National Bank, and Chicago National Bank. Denied, April 24, 1995. BANK MERGERS Premier Bank, Inc., Wytheville, Virginia -- to acquire certain assets and assume certain liabilities of four branches of NationsBank of Virginia, N.A., Richmond, Virginia, and to establish branches. Approved, April 24, 1995. BANKS. FOREIGN Banco Frances del Rio de la Plata S.A., Buenos Aires, Argentina -- to establish a representative office in New York, New York. Approved, April 24, 1995. Farmers Bank of China, Taipei, Taiwan -- to establish a state'licensed, limited branch in Los Angeles, California. Approved, April 24, 1995. INTERNATIONAL OPERATIONS Chemical Bank, New York, New York -- to make an investment in Chemical Investment Bank Limited, London, England. Permitted, April 28, 1995. Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis H 2 APRIL 24, 1995 TO APRIL 28, 1995 PAGE 2 ACTIONS TAKEN BY THE BOARD OF GOVERNORS REGULATIONS AND POLICIES Public welfare investments by state member banks delegation of authority to Federal Reserve Banks to approve certain public welfare investments (Docket R-0877).
    [Show full text]
  • U.S. SBA Office of Advocacy--Small and Micro Business Lending For
    Office of Advocacy www.sba.gov/advo Advocacy: the voice of small business in government Small Business and Micro Business Lending in the United States for Data Years 2008-2009 Office of Advocacy U.S. Small Business Administration December 2010 Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal government. Appointed by the President and confirmed by the U.S. Senate, the Chief Counsel for Advocacy directs the office. The Chief Counsel advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policy makers. Economic research, policy analyses, and small business outreach help identify issues of concern. Regional Advocates and an office in Washington, D.C., support the Chief Counsel’s efforts. For more information on the Office of Advocacy, visit www.sba.gov/advo or call (202) 205-6533. Receive email notices of new Office of Advocacy information by signing up on Advocacy’s Listservs at http://web.sba.gov/list. þ ADVOCACY NEWSLETTER þ ADVOCACY PRESS þ ADVOCACY REGULATORY NEWS þ ADVOCACY RESEARCH Foreword This edition of the Office of Advocacy’s annual study of lending to small and micro businesses by most depository institutions in the United States continues the expanded coverage of previous editions. In addition to banks, other depository institutions such as federal and state savings banks and savings and loan associations are included. Geographic coverage includes the United States and its territories. The two types of data used in this study are based on reports made by depository institutions to their respective regulating agencies—Call Reports for June 2009 and Community Reinvestment Act (CRA) reports for 2008.
    [Show full text]
  • Federal Register / Vol. 62, No. 217 / Monday, November 10, 1997 / Notices 60513
    Federal Register / Vol. 62, No. 217 / Monday, November 10, 1997 / Notices 60513 Vice President) 100 North 6th Street, Company, Wilmington, Delaware; to sale to (or purchase from) a customer, Philadelphia, Pennsylvania 19105-1521: merge with Harrisburg Bancshares, Inc., subject to the limitations and 1. PSB Bancorp, Inc., Philadelphia, Houston, Texas, and thereby indirectly conditions, pursuant to § 225.28(b)(7)(ii) Pennsylvania; to become a bank holding acquire Harrisburg Bancshares, Inc., of the Board's Regulation Y, and acting company by acquiring 100 percent of Reno, Nevada, and Harrisburg Bank, as agent for the private placement of the voting shares of Pennsylvania Houston, Texas. securities, pursuant to § 225.28(b)(7)(iii) Savings Bank, Philadelphia, Board of Governors of the Federal Reserve of the Board's Regulation Y. Pennsylvania. System, November 5, 1997. 2. The Bank of Nova Scotia, Toronto, B. Federal Reserve Bank of Jennifer J. Johnson, Ontario, Canada; to acquire Iron Richmond (A. Linwood Gill III, Deputy Secretary of the Board. Mountain Depository Corporation, New Assistant Vice President) 701 East Byrd York, New York, and thereby engage in [FR Doc. 97±29643 Filed 11±7±97; 8:45 am] Street, Richmond, Virginia 23261-4528: buying, selling and storing bars, rounds, 1. Eastern Virginia Bankshares, Inc., BILLING CODE 6210±01±F bullion, and coins of gold, silver Tappahannock, Virginia; to become a platinum, palladium, copper, and any bank holding company by acquiring 100 FEDERAL RESERVE SYSTEM other metal approved by the Board, for percent of the voting shares of company's own account and the Southside Bank, Tappahannock, Notice of Proposals To Engage in account of others, and providing Virginia, and Bank of Northumberland, Permissible Nonbanking Activities or incidential services such as arranging Incorporated, Heathsville, Virginia.
    [Show full text]
  • Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
    Federal Reserve Release H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received No. 35 Week Ending August 31, 2002 Board of Governors of the Federal Reserve System, Washington, DC 20551 H.2 Board Actions August 25, 2002 to August 31, 2002 Regulations And Policies Financial System Resilience -- request for comment on a Draft Interagency White Paper on Sound Practices to Strengthen the Resilience of the U.S. Financial System (Docket No. R-1128). - Approved, August 22, 2002 (AC) (AC) = Addition or Correction Board - Page 1 of 1 H.2 Actions under delegated authority August 25, 2002 to August 31, 2002 BS&R Banking Supervision and Regulation RBOPS Reserve Bank Operations and Payment Systems C&CA Consumer and Community Affairs IF International Finance FOMC Federal Open Market Committee OSDM Office of Staff Director for Management Bank Branches, Domestic Secretary AmSouth Bank, Birmingham, Alabama -- to establish a branch at 1415 West 5th Street, Laurel, Mississippi. - Approved, August 27, 2002 Secretary AmSouth Bank, Birmingham, Alabama -- to establish branches at 2531 John Hawkins Parkway, Hoover; 8455 Tuttle Avenue, Sarasota, Florida; 2320 South U.S. Highway 77, Lynn Haven; and 200 Grand Boulevard, Destin. - Approved, August 30, 2002 Dallas Community Bank, Granbury, Texas -- to establish a branch at 6224 Colleyville Boulevard, Suite B, Colleyville. - Approved, August 28, 2002 Cleveland Fifth Third Bank, Cincinnati, Ohio -- to establish a branch at 2211 Hayes Avenue, Sandusky. - Approved, August 27, 2002 Chicago First Banking Center, Burlington, Wisconsin -- to establish a branch at the intersection of State Highways 81 and 23, Darlington.
    [Show full text]
  • Small and Micro Business Lending For
    SBA Office of Advocacy SBA Office Small Business and Micro Business Lending in the United States for Data Years 2005-2006 Business Lending in the United States for Data Years Small Business and Micro Small Business and Micro Business Lending in the United States, for Data Years 2006-2007 June 2008 Created by Congress in 1976, the Office of Advocacy of the U.S. Small Business Administration (SBA) is an independent voice for small business within the federal govern- ment. Appointed by the President and confirmed by the U.S. Senate, the Chief Counsel for Advocacy directs the office. The Chief Counsel advances the views, concerns, and interests of small business before Congress, the White House, federal agencies, federal courts, and state policy makers. Economic research, policy analyses, and small business outreach help identify issues of concern. Regional Advocates and an office in Washington, DC, support the Chief Counsel’s efforts. For more information on the Office of Advocacy, visit http://www.sba.gov/advo or call (202) 205-6533. Receive email notices of new Office of Advocacy information by signing up on Advocacy’s Listservs at http://web.sba.gov/list ; ADVOCACY NEWSLETTER ; ADVOCACY PRESS ; ADVOCACY REGULATORY NEWS ; ADVOCACY RESEARCH June 2008 No. 327 Small Business and Micro Business Lending in the United States for Data Years 2006-2007 by Victoria Williams and Charles Ou, U.S. Small Business Administration, Office of Advocacy, Office of Economic Research, 2008. 124 pages. Introduction Overall Findings Annually, the Office of Advocacy prepares a The pace of borrowing and lending in the small study on institutional lending to small firms.
    [Show full text]
  • FBOP Corporation–Written Agreement
    UNITED STATES OF AMERICA BEFORE THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C. Written Agreement by and between Docket No. 09-110-WA/RB-HC FBOP CORPORATION Oak Park, Illinois and FEDERAL RESERVE BANK OF CHICAGO Chicago, Illinois WHEREAS, FBOP Corporation, Oak Park, Illinois (“FBOP”), a registered multi-bank holding company, owns and controls: Park National Bank, Chicago, Illinois; California National Bank, Los Angeles, California; San Diego National Bank, San Diego, California; Pacific National Bank, San Francisco, California; North Houston Bank, Houston, Texas; Madisonville State Bank, Madisonville, Texas; Bank USA National Association, Phoenix, Arizona; Citizens National Bank, Teague, Texas; and Community Bank of Lemont, Lemont, Illinois, (each a “Bank”, collectively, the “Banks”); and various nonbank subsidiaries (collectively, the “Consolidated Organization”); WHEREAS, in recognition of their common goal to maintain the financial soundness of FBOP and the Consolidated Organization, FBOP and the Federal Reserve Bank of Chicago (the “Reserve Bank”) have mutually agreed to enter into this Written Agreement (the “Agreement”); and [Page Break] WHEREAS, on August 28, 2009, the board of directors of FBOP, at a duly constituted meeting, adopted a resolution authorizing and directing Michael Kelly to enter into this Agreement on behalf of FBOP, and consenting to compliance with each and every provision of this Agreement by FBOP and its institution-affiliated parties, as defined in sections 3(u) and 8(b)(3) of the Federal Deposit Insurance Act, as amended (the “FDI Act”) (12 U.S.C. §§ 1813(u) and 1818(b)(3)). NOW, THEREFORE, FBOP and the Reserve Bank agree as follows: Risk Management 1.
    [Show full text]
  • Actions Ofthe Board, Its Staff, and the Federal Reserve Banks: Applications and Reports Received
    ----~=~ ~ --- -~====== Federal Reserve Release H.2 Actions ofthe Board, Its Staff, and the Federal Reserve Banks: Applications and Reports Received No. 41 Week Ending October 11, 1997 1" ; Board o/Governors o/the Federal Reserve System, Washington, DC 20551 No. 41 ACTIONS TAKEN BY THE BOARD OF GOVERNORS TESTIMONY AND STATEMENTS to Bank: examination and supervision systems -- statement by Governor Phillips before the House Subcommittee on Financial Institutions and Consumer Credit of the House Banking and Financial Services Committee, October 8, 1997. - Authorized, October 6, 1997 Economic developments affecting the fiscal position ofthe United States. -­ statement by Chairman Greenspan before the House Committee on the Budget, October 8, 1997. - Published, October 8, 1997 BANK HOLDING COMPANIES Barnett Banks, Inc., Jacksonville, Florida; BB&T Corporation, Winston-Salem, North Carolina; Central Fidelity Banks, Inc., Richmond, Virginia; Crestar Financial Corporation, Richmond; First American Corporation, Nashville, Tennessee; First Citizens BancShares, Inc., Raleigh, North Carolina; First Union Corporation, Charlotte, North Carolina; First Virginia Banks, Inc., Falls Church, Virginia; Jefferson Bankshares, Inc., Charlottesville, Virginia; NationsBank Corporation, Charlotte, North Carolina; Riggs National Corporation, Washington, D.C.; Signet Banking Corporation, Richmond, Virginia; SunTrust Banks, Inc., Atlanta, Georgia; SynoVlls Financial Corporation, Columbus, Georgia; and Wachovia Corporation, Winston-Salem, North Carolina -- to acquire Monetary Transfer System, L.L.C., St. Louis, Missouri, and engage in data processing services through Honor Technologies, Inc., Maitland, Florida. - Approved, October 6, 1997 BANKS, STATE MEMBER Centura Bank, Rocky Mount, North Carolina -- to acquire five branches of NationsBank, N.A., Charlotte, North Carolina, and to establish branches at those locations. - Approved, October 6, 1997 BOARD OPERATIONS Budget objective for 1998 and 1999.
    [Show full text]
  • Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
    Federal Reserve Release H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received No. 15 Week Ending April 10, 2004 Board of Governors of the Federal Reserve System, Washington, DC 20551 H.2 Board Actions April 4, 2004 to April 10, 2004 Bank Holding Companies Bank of America Corporation, Charlotte, North Carolina -- commenters' requests for reconsideration of the Board's approval of the application to merge with FleetBoston Financial Corporation, Boston, Massachusetts, and thereby acquire Fleet National Bank, Providence, Rhode Island, and Fleet Maine, National Association, South Portland, Maine. - Denied, April 5, 2004 Manulife Financial Corporation, Toronto, Canada -- to become a bank holding company and to acquire John Hancock Financial Services, Inc., Boston, Massachusetts, and its subsidiary, First Signature Bank & Trust Company, Portsmouth, New Hampshire; and for John Hancock Financial Services, Inc., to become a bank holding company and to retain control of First Signature Bank & Trust Company. - Approved, April 5, 2004 Regulations And Policies Fair and Accurate Transactions Act -- publication for comment of proposed amendments to Regulation V (Fair Credit Reporting) to add a model form that financial institutions may use to comply with the notice requirement for furnishing negative information to consumer reporting agencies (Docket No. R-1187). - Approved, April 6, 2004 Enforcement Fifth Third Bancorp, Cincinnati, Ohio, and Fifth Third Bank -- written agreement dated March 26, 2003, terminated
    [Show full text]
  • In the United States District Court for the Northern District of Illinois Eastern Division
    Case: 1:14-cv-04307 Document #: 205 Filed: 05/12/17 Page 1 of 84 PageID #:<pageID> IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION FEDERAL DEPOSIT INSURANCE, ) CORPORATION, as a separate and distinct ) Receiver of Bank USA, N.A., California National ) Bank, Citizens National, Bank of Teague, ) Madisonville State Bank, North, Houston Bank, ) Pacific National Bank, Park National Bank, ) and San Diego National Bank, ) ) PLAINTIFF, ) Case No. 14 CV 4307 ) Judge Thomas M. Durkin vs. ) ) FBOP CORPORATION; PATRICK D. ) CAVANAUGH, of High Ridge Partners, Inc., ) not individually, but solely as Trustee-Assignee ) under FBOP Corporation’s Trust Agreement ) and Assignment for the Benefit of Creditors; ) JPMORGAN CHASE BANK, N.A., as Agent; ) BMO HARRIS BANK, N.A., as successor in ) interest to M&I Marshall & Ilsley Bank; ) ORE HILL HUB FUND LTD.; CANYON ) BALANCED MASTER FUND, LTD.; CANYON ) GRF MASTER FUND, L.P.; MARINER ) TRICADA CREDIT STRATEGIES MASTER ) FUND, LTD.; PMT CREDIT OPPORTUNITIES ) FUND LTD.; PROSPECT MOUNTAIN FUND ) LIMITED; STRUCTURED CREDIT ) OPPORTUNITIES FUND II, LP; and ) GORDON C. WATSON, ) ) DEFENDANTS. ) ____________________ PENSION BENEFIT GUARANTY ) CORPORATION, ) ) PLAINTIFF-INTERVENOR, ) ) Case No. 14 CV 4307 vs. ) Judge Thomas M. Durkin ) Case: 1:14-cv-04307 Document #: 205 Filed: 05/12/17 Page 2 of 84 PageID #:<pageID> FBOP CORPORATION; PATRICK D. ) CAVANAUGH of High Ridge Partners, Inc., ) solely in his capacity as Trustee-Assignee under ) FBOP Corporation’s Trust Agreement and ) Assignment for the Benefit of Creditors; ) FEDERAL DEPOSIT INSURANCE ) CORPORATION, as Receiver for Bank USA, N.A., ) California National Bank, Citizens National ) Bank of Teague, Madisonville State Bank, ) North Houston Bank, Pacific National Bank, ) Park National Bank, and San Diego National ) Bank; WELLS FARGO BANK, N.A., as escrow ) agent pursuant to the escrow agreement among ) the Federal Deposit Insurance Corporation, ) FBOP Corporation and Wells Fargo Bank, N.A., ) ) DEFENDANTS.
    [Show full text]
  • Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
    Federal Reserve Release H.2 Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received No. 44 Week Ending October 31, 1998 Board of Governors of the Federal Reserve System, Washington, DC 20551 H.2 Board Actions October 25, 1998 to October 31, 1998 Bank Holding Companies Charter One Financial, Inc., Cleveland, Ohio, and Charter-Michigan Bancorp, Inc. -- to acquire ALBANK Financial Corporation, Albany, New York, and ALBANK Commercial; to acquire the nonbanking subsidiaries of ALBANK Financial Corporation; and to retain some of Charter One's nonbanking subsidiaries. - Approved, October 28, 1998 Firstar Corporation, Milwaukee, Wisconsin -- to merge with Star Banc Corporation, Cincinnati, Ohio, and acquire Star Bank, N.A. - Approved, October 28, 1998 SunTrust Banks, Inc., Atlanta, Georgia -- to acquire Crestar Financial Corporation, Richmond, Virginia, and Crestar Bank, and to acquire the nonbanking subsidiaries of Crestar Financial Corporation. - Approved, October 28, 1998 U.S. Bancorp, Minneapolis, Minnesota -- to acquire Northwest Bancshares, Inc., Vancouver, Washington, and Northwest National Bank. - Approved, October 26, 1998 Regulations And Policies Basle Committee on Banking Supervision -- interpretation of the Basle framework for capital adequacy concerning instruments eligible for inclusion in Tier 1 capital. - Announced, October 27, 1998 Reserve Bank Services Net Settlement Services -- final action to enhance Federal Reserve net settlement services (Docket No. R-0974). - Approved, October 29, 1998 (AC) = Addition or Correction Board - Page 1 of 1 H.2 Actions under delegated authority October 25, 1998 to October 31, 1998 BS&R Banking Supervision and Regulation RBOPS Reserve Bank Operations and Payment C&CA Consumer and Community Affairs IF International Fiance FOMC Federal Open Market Committee OSDM Office of Staff Director for Management Bank Branches, Domestic Chicago Comerica Bank, Detroit, Michigan -- to establish a branch at 5270 Eastern Avenue, S.E., Grand Rapids, Michigan.
    [Show full text]
  • Federal Register/Vol. 71, No. 204/Monday, October 23
    62108 Federal Register / Vol. 71, No. 204 / Monday, October 23, 2006 / Notices on issues discussed during this and considered in acting on the notices are conducted throughout the United States. previous ELAB meetings. Those persons set forth in paragraph 7 of the Act (12 Additional information on all bank interested in attending should call Lara U.S.C. 1817(j)(7)). holding companies may be obtained P. Autry at (919) 541–5544 to obtain The notices are available for from the National Information Center teleconference information. The number immediate inspection at the Federal website at www.ffiec.gov/nic/. of lines for the teleconferences, Reserve Bank indicated. The notices Unless otherwise noted, comments however, are limited and will be also will be available for inspection at regarding each of these applications distributed on a first come, first serve the office of the Board of Governors. must be received at the Reserve Bank basis. Preference will be given to a Interested persons may express their indicated or the offices of the Board of group wishing to attend over a request views in writing to the Reserve Bank Governors not later than November 16, from an individual. For information on indicated for that notice or to the offices 2006. access or services for individuals with of the Board of Governors. Comments A. Federal Reserve Bank of Chicago disabilities, please contact Lara P. Autry must be received not later than (Patrick M. Wilder, Assistant Vice at the number above. To request November 6, 2006. President) 230 South LaSalle Street, accommodation of a disability, please A.
    [Show full text]
  • In the United States District Court for the Northern District of Illinois Eastern Division
    Case: 1:14-cv-04307 Document #: 240 Filed: 11/27/17 Page 1 of 36 PageID #:<pageID> IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION FEDERAL DEPOSIT INSURANCE, ) CORPORATION, as a separate and distinct ) Receiver of Bank USA, N.A., California National ) Bank, Citizens National, Bank of Teague, ) Madisonville State Bank, North, Houston Bank, ) Pacific National Bank, Park National Bank, ) and San Diego National Bank, ) ) PLAINTIFF, ) Case No. 14 CV 4307 ) vs. ) Judge Thomas M. Durkin ) FBOP CORPORATION, et al., ) ) DEFENDANTS. ) ____________________ ) ) PENSION BENEFIT GUARANTY ) CORPORATION, ) ) PLAINTIFF-INTERVENOR, ) ) vs. ) ) FBOP CORPORATION, et al., ) ) DEFENDANTS. ) MEMORANDUM OPINION AND ORDER This litigation involves a dispute over more than $265.3 million in tax refunds currently being held in escrow (“the Escrowed Tax Refunds”). The Federal Deposit Insurance Corporation (“FDIC”) claims entitlement to the tax refunds by virtue of its appointment as the separate receiver for each of eight failed banks (“the Banks”). Defendant FBOP Corporation (“FBOP”) is the parent company of the Case: 1:14-cv-04307 Document #: 240 Filed: 11/27/17 Page 2 of 36 PageID #:<pageID> Banks, and received the refunds from the Internal Revenue Service (“IRS”) as the appointed agent for a consolidated tax group consisting of itself and its subsidiary corporations (the Banks and approximately 80 non-banking subsidiaries). FBOP assigned whatever interest it had in the Escrowed Tax Refunds to the Trustee of the FBOP Corporation Trust Agreement and Assignment for the Benefit of Creditors (the “Trustee”). FBOP and the Trustee (collectively the “FBOP Defendants”) claim ownership of the Escrowed Tax Refunds pursuant to an agreement between FBOP and the Banks concerning the allocation of tax liabilities.
    [Show full text]