TOWN OF NORMAL CITY HALL NORMAL, ILLINOIS PHONE: 454-2444
PROPOSED AGENDA FOR TOWN COUNCIL MEETING TUESDAY September 6, 2011 7:00 p.m.
1. Call to Order
2. Roll Call
3. Pledge of Allegiance
4. OMNIBUS VOTE AGENDA (All items under the Omnibus Vote Agenda are considered to be routine in nature and will be enacted by one motion. There will be no separate discussions of these items unless a Council Member so requests, in which event, the item will be removed from the Omnibus Vote Agenda and considered as the first item after approval of the Omnibus Vote Agenda.)
A. Approval of the Minutes of the Regular Meeting of August 15, 2011
B. Approval of Town of Normal Expenditures for Payment as of August 31, 2011
C. Motion to Accept Bids for the FY 2011-12 Miscellaneous Sidewalk Improvements – 50/50 Sidewalk and ADA Ramps Project and Award a Contract to WASCON Co., of Hammond, IL in the Amount of $91,893.05
D. Motion to Accept Bids and Award a Contract to Stark Excavating, Inc. in the Amount of $41,784.50 for the 2011 P.C.C. Pavement and Patching Contract
E. Motion to Approve a Semi-Annual Salary Schedule Adjustment for Classified Employees
F. Motion to Accept the Audited Town of Normal Financial Statements and Report of Certified Public Accountants for the Year Ending March 31, 2011
G. Motion to Accept the Federal Compliance Audit for the Year Ending March 31, 2011
H. Resolution Authorizing a Loan and Security Agreement with “The Pod” for Energy Efficiency Upgrades to the Town-owned Property at 104 E. Beaufort Street
I. Resolution Authorizing the Execution of a License Agreement with Commerce Bank for the Use of Town Property for a Temporary Automated Teller Machine (ATM)
J. Resolution Conditionally and Partially Approving the Final Development Plan for the Healing Stone Court Planned Unit Development in the Town of Normal (1285 Healing Stone Court) 5. ITEMS REMOVED FROM OMNIBUS VOTE AGENDA
GENERAL ORDERS
6. Resolution Authorizing the Execution of a Redevelopment Agreement with Rodney Poole and Associates for the Development of a Multi-Family Residential Building (“Liner Housing”) South of the Existing College Avenue Parking Deck at 102 West College Avenue
NEW BUSINESS
7. Motion to Adopt a Proposed Constitution Trail Snow Removal Policy
8. Presentation of the 2010-2011 Financial Trend and Condition Report
9. Presentation of a Hotel Market Study Conducted by HVS Hospitality Consultants and Discussion of Alternative Courses of Action
10. Request to Adjourn to Executive Session
CONCERNS
ADJOURNMENT
Omnibus Vote
MINUTES OF THE REGULAR MEETING OF THE NORMAL TOWN COUNCIL HELD IN THE COUNCIL CHAMBERS, NORMAL CITY HALL, 100 EAST PHOENIX AVENUE, NORMAL, MCLEAN COUNTY, ILLINOIS – MONDAY, AUGUST 15, 2011.
1. CALL TO ORDER:
Mayor Chris Koos called the Regular Meeting of the Normal Town Council to order at 7:02 p.m., Monday, August 15, 2011.
2. ROLL CALL:
The Clerk called the roll with the following persons physically PRESENT: Mayor Chris Koos and Councilmembers Sonja Reece, Adam Nielsen, Jeff Fritzen, Chuck Scott, Jason Chambers, and Cheryl Gaines. Also present were City Manager Mark Peterson, Deputy City Manager Pamela Reece, Corporation Counsel Steve Mahrt, and Town Clerk Wendy Briggs. ABSENT: None.
3. PLEDGE OF ALLEGIANCE:
Mayor Koos led the Pledge of Allegiance to the Flag.
4. OMNIBUS VOTE AGENDA:
Mayor Koos excused himself from voting on any bills he may have incurred while performing his Council duties. Councilmember Reece excused herself from voting on any bills submitted by Advocate BroMenn Healthcare and from any expenses she may have incurred while performing her Council duties. Councilmember Fritzen excused himself from voting on any bills submitted by Bloomington Offset Process, Inc.
Items E and I were removed from the Omnibus Vote Agenda.
MOTION:
Councilmember Fritzen moved, seconded by Councilmember Reece, the Council Approve the Omnibus Vote Agenda.
AYES: Reece, Nielsen, Fritzen, Scott, Chambers, Gaines, Koos. NAYS: None. Motion declared carried.
A. APPROVAL OF THE MINUTES OF THE PUBLIC HEARING OF AUGUST 1, 2011: Omnibus Vote. APPROVAL OF THE MINUTES OF THE REGULAR MEETING OF AUGUST 1, 2011: Omnibus Vote.
B. APPROVAL OF TOWN OF NORMAL EXPENDITURES FOR PAYMENT AS OF AUGUST 10, 2011: Omnibus Vote.
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C. MOTION TO AWARD THE BID FOR CONCRETE TO PRAIRIE MATERIAL OF BLOOMINGTON, IL, AT A PRICE PER SQUARE YARD UNIT PRICE OF $86.88 FOR HIGH EARLY MIX AND $82.75 FOR S.I. MIX: Omnibus Vote.
D. MOTION TO AUTHORIZE THE ILLINOIS DEPARTMENT OF TRANSPORTATION (IDOT) TO AWARD A CONTRACT TO STARK EXCAVATING, INC., IN THE AMOUNT OF $1,125,371.10 FOR THE GATEWAY PLAZA AND MULTIMODAL TRANSPORTATION CENTER LANDSCAPING PROJECT: Omnibus Vote.
F. RESOLUTION TO APPROPRIATE $400,000 OF MOTOR FUEL TAX FUNDS FOR THE BITUMINOUS RESURFACING OF VARIOUS STREETS FOR THE 2011 MFT STREET RESURFACING PROJECT: Resolution No. 4649: Omnibus Vote.
G. RESOLUTION TO APPROPRIATE $600,000 OF THE TOWN’S ALLOTMENT OF MOTOR FUEL TAX FUNDS FOR THE FORT JESSE ROAD – BLAIR DRIVE TO TOWANDA AVENUE PAVEMENT REHABILITATION PROJECT: Resolution No. 4650: Omnibus Vote.
H. RESOLUTION ACCEPTING EASEMENT FROM APOSTOLIC CHRISTIAN CHURCH – WATERMAIN: Resolution No. 4651: Omnibus Vote.
5. ITEMS REMOVED FROM OMNIBUS VOTE AGENDA:
Councilmember Scott left the table at 7:05 p.m.
E. RESOLUTION AUTHORIZING AGREEMENTS WITH VARIOUS GOVERNMENTAL AND INSTITUTIONAL ORGANIZATIONS PERTAINING TO ELECTRIC VEHICLE CHARGING STATIONS: Resolution No. 4652:
MOTION:
Councilmember Nielsen moved, seconded by Councilmember Fritzen, the Council Adopt a Resolution Authorizing Agreements with Various Governmental and Institutional Organizations Pertaining to Electric Vehicle Charging Stations.
Councilmember Nielsen questioned if any local businesses had requested charging stations. Assistant City Manager Geoff Fruin explained that after the governmental and institutional organizations have installed the charging stations as determined by this Resolution, it will be evaluated to see if there are additional charging stations to be made available to local businesses and the costs involved. City Manager Mark Peterson indicated some businesses had shown an interest in obtaining a charging station, and the current cost for the charging stations was approximately $4,500 per unit, plus installation charges.
AYES: Nielson, Fritzen, Gaines, Chambers, Reece, Koos. NAYS: None. ABSENT: Scott. Motion declared carried.
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Councilmember Scott returned to the table at 7:09 p.m.
I. ORDINANCE DESIGNATING THE STRUCTURE AT 305 E. PINE STREET, NORMAL, ILLINOIS, A HISTORIC LANDMARK: Ordinance No. 5394:
MOTION:
Councilmember Nielsen moved, seconded by Councilmember Reece, the Council Approve an Ordinance Designating the Structure at 305 E. Pine Street, Normal, Illinois, a Historic Landmark.
Councilmember Nielsen posed questions for clarification purposes, which were responded to by City Manager Mark Peterson.
AYES: Fritzen, Gaines, Chambers, Scott, Reece, Nielsen, Koos. NAYS: None. Motion declared carried.
GENERAL ORDERS
6. RESOLUTION CONDITIONALLY APPROVING INITIAL REDEVELOPMENT PLANS FOR COMMERCE BANK WITH WAIVERS FROM THE UPTOWN DESIGN REVIEW CODE, CHAPTER 15, DIVISION 17 (SOUTHEAST CORNER OF BROADWAY AND COLLEGE): Resolution No. 4653:
MOTION:
Councilmember Reece moved, seconded by Councilmember Nielsen, the Council Adopt a Resolution Conditionally Approving the Initial Redevelopment Plans for Commerce Bank with Waivers from the Uptown Design Review Code, Chapter 15, Division 17 (Southeast Corner of Broadway and College).
City Manager Mark Peterson made introductory comments concerning the Redevelopment Plans for Commerce Bank, acknowledging the sacrifice the bank has made operating for the past several years in a modular office in Uptown Normal. City Manager Mark Peterson presented a brief overview of the three items concerning Commerce Bank on the Council Agenda: the Redevelopment Plan, the Redevelopment Agreement, and the Final Plat.
Councilmember Fritzen posed questions concerning on-street parking in the area and expressed concern with two drives into the Bank property which seem to be side-by-side. City Manager Mark Peterson explained a couple of on-street parking places would be eliminated by this plan; however, additional parking would be added directly behind the businesses located on North Street. City Manager Mark Peterson further explained the elevation changes in this area required two drives to serve the development.
Councilmember Chambers commented the Old House Society was going to go through the property and remove any materials they deem as useful and questioned if any of the stonework façade was going to be salvaged. City Manager Mark Peterson indicated an
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attempt was going to be made to salvage some of the stonework façade to be made available to the Masons.
Councilmember Chambers expressed concern with the waiver for the LED sign, indicating he felt this was an additional distraction along College Avenue when the area contained a crosswalk with a high amount of pedestrians crossing. City Manager Mark Peterson indicated Town Staff did not see a concern with a LED sign on the property.
Councilmember Scott commended the Commerce Bank for the design of the building, indicating the structure fits nicely in the Uptown Area. Councilmember Scott also expressed concern with the LED sign, questioning the frequency of the turnover of the messages. Building Commissioner Greg Troemel responded the sign would comply with the Town Sign Code standards.
AYES: Gaines, Scott, Reece, Nielsen, Fritzen, Koos. NAYS: Chambers. Motion declared carried.
7. RESOLUTION AUTHORIZING THE EXECUTION OF A REDEVELOPMENT AGREEMENT WITH COMMERCE BANK FOR THE DEVELOPMENT OF A NEW BRANCH BANK FACILITY IN UPTOWN NORMAL AND AUTHORIZING THE DEMOLITION OF THE FORMER MASONIC LODGE BUILDING LOCATED AT 102 BROADWAY: Resolution No. 4654:
MOTION:
Councilmember Reece moved, seconded by Councilmember Nielsen, the Council Adopt a Resolution Authorizing the Execution of a Redevelopment Agreement with Commerce Bank for the Development of a New Branch Bank Facility in Uptown Normal and Authorizing the Demolition of the Former Masonic Lodge Building Located at 102 Broadway.
AYES: Chambers, Scott, Reece, Nielsen, Fritzen, Gaines, Koos. NAYS: None. Motion declared carried.
8. RESOLUTION CONDITIONALLY AND PARTIALLY APPROVING THE FINAL PLAT OF THE COMMERCE BANK SUBDIVISION BY EXPEDITED PROCESS: Resolution No. 4655:
MOTION :
Councilmember Fritzen moved, seconded by Councilmember Gaines, the Council Adopt a Resolution Conditionally and Partially Approving the Final Plat of the Commerce Bank Subdivision by Expedited Process.
AYES: Scott, Reece, Nielsen, Fritzen, Gaines, Chambers, Koos. NAYS: None. Motion declared carried.
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9. RESOLUTION APPROVING AN AMENDED REDEVELOPMENT AGREEMENT WITH NORMAL MAIN, LLC, PERTAINING TO THE REDEVELOPMENT OF THE PROPERTY LOCATED AT THE SOUTHEAST CORNER OF KINGSLEY AND OSAGE: Resolution No. 4656:
MOTION:
Councilmember Reece moved, seconded by Councilmember Scott, the Council Adopt a Resolution Approving an Amended Redevelopment Agreement with Normal Main, LLC, Pertaining to the Redevelopment of the Property Located at the Southeast Corner of Kingsley and Osage.
Councilmember Fritzen posed questions concerning the cap on the developer’s ability to capture TIF revenue, which questions were responded to by City Manager Mark Peterson. Councilmember Chambers also posed questions concerning the TIF recapture provision, which concerns were responded to by City Manager Mark Peterson.
AYES: Reece, Nielsen, Fritzen, Gaines, Scott, Koos. NAYS: Chambers. Motion declared carried.
10. RESOLUTION CONDITIONALLY AND PARTIALLY APPROVING THE FINAL PLAT OF THE MAIN AND OSAGE SUBDIVISION BY EXPEDITED PROCESS: Resolution No. 4657:
MOTION:
Councilmember Nielsen moved, seconded by Councilmember Fritzen, the Council Adopt the Resolution Conditionally and Partially Approving the Final Plat of the Main and Osage Subdivision by Expedited Process.
AYES: Nielsen, Fritzen, Gaines, Chambers, Scott, Reece, Koos. NAYS: None. Motion declared carried.
11. RESOLUTION AUTHORIZING THE EXECUTION OF A STATION LEASE AGREEMENT FOR THE NEW NORMAL, ILLINOIS, STATION WITH THE NATIONAL RAILROAD PASSENGER CORPORATION (AMTRAK): Resolution No. 4658:
MOTION:
Councilmember Chambers moved, seconded by Councilmember Scott, the Council Adopt a Resolution Authorizing the Execution of a Station Lease Agreement for the New Normal, Illinois, Station with the National Railroad Passenger Corporation (AMTRAK).
Councilmember Reece posed questions for clarification purposes concerning the provision for Amtrak to pay utilities based on a proportionate share of the leased space,
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which questions were responded to by Uptown Director Wayne Aldrich and City Manager Mark Peterson.
AYES: Fritzen, Gaines, Chambers, Scott, Reece, Nielsen, Koos. NAYS: None. Motion declared carried.
NEW BUSINESS
12. PRESENTATION BY REPRESENTATIVES OF THE ECONOMIC DEVELOPMENT COUNCIL OF THE BLOOMINGTON-NORMAL AREA:
Ms. Jennifer McDade and Mr. Dave Magers, Campaign Co-Chairmen of the Forging Ahead campaign for the Economic Development Council, addressed the Town Council presenting an overview of the role of the Economic Development Council in the community, including the future goals of the Council. Ms. McDade and Mr. Magers also formally requested a five-year funding pledge of $500,000 from the Town and responded to questions from Council.
Councilmember Fritzen questioned if another campaign was underway to reach out to the private business sector. Mr. Magers indicated the campaign for the private business sector was just getting started. Councilmember Fritzen encouraged local businesses to do business locally whenever possible.
Councilmember Chambers posed questions concerning how the Economic Development Council recruited businesses to come to the Community. Mr. Marty Vanags, Chief Executive Officer of the Economic Development Council, explained the Council’s recruitment procedure.
Councilmember Nielsen acknowledged his support of the Economic Development Council and indicated he would like to see a measurement of the goals of the Council in the future. Mayor Koos commented on the difficulty in measuring the goals of the EDC and indicated it may be easier to measure the specific goals set for the EDC for the next five years. Further Council discussion ensued.
Councilmember Reece commented on the importance of the One Voice program. Councilmember Scott expressed concerns with the number of vacant commercial buildings in the community and the need to market these buildings to new businesses coming to the community.
City Manager Mark Peterson indicated the representatives from the Economic Development Council were requesting a commitment this evening to increase the Town’s five-year funding commitment to the Economic Development Council from $80,000 per year to $100,000 per year. City Manager Mark Peterson indicated this was not a contractual obligation to the Town, merely a budget increase request to be considered with the next budget discussion.
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MOTION:
Councilmember Nielsen moved, seconded by Councilmember Fritzen, the Council Receive the Report from the Economic Development Council of the Bloomington- Normal Area and Direct Staff to Increase the Five-Year Funding Commitment from $80,000 to $100,000 Per Year to Be Considered with the Proposed 2012-2013 Budget.
AYES: Gaines, Chambers, Scott, Reece, Nielsen, Fritzen, Koos. NAYS: None. Motion declared carried.
13. PRESENTATION BY TOWN STAFF ON THE PROPOSED AUTOMATED WASTE COLLECTION PROGRAM AND CORRESPONDING ROUTE CHANGES:
Public Works Director Robin Weaver explained the proposed automated waste program changes to be implemented in early September and responded to questions from Council.
14. RESOLUTION OF APPRECIATION AND COMMENDATION FOR RONALD J. HILL IN HONOR OF HIS 32 YEARS OF DEDICATED AND EXEMPLARY SERVICE TO THE TOWN OF NORMAL: Resolution No. 4659:
MOTION:
Councilmember Fritzen moved, seconded by Councilmember Reece, the Council Adopt a Resolution of Appreciation and Commendation for Ronald J. Hill in Honor of His 32 Years of Dedicated and Exemplary Service to the Town of Normal.
AYES: Chambers, Scott, Reece, Nielsen, Fritzen, Gaines, Koos. NAYS: None. Motion declared carried.
Mayor Koos read the Resolution of Appreciation and Commendation for Ronald J. Hill and thanked Ron for his 32 years of service to the Town. The Council also voiced their thanks to Ron Hill for his outstanding tenure with the Town.
Ron Hill thanked the Council for the Resolution and expressed his gratitude for the opportunity to serve the Town over the years.
City Manager Mark Peterson announced a public celebration for Ron would be held at the Marriott in Uptown Normal on August 26, 2011, from 3:30 p.m. to 6:00 p.m.
15. CONCERNS:
1. MCLEAN COUNTY RECOVERY COURT:
Councilmember Gaines announced a golf outing to benefit the McLean County Recovery Court would be held at Ironwood Golf Course on September 19, 2011, at 1:00 p.m. and encouraged golfers to participate in this worthwhile cause.
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2. UPTOWN MARKETING MANAGER:
City Manager Mark Peterson introduced Joe Tulley as the new Uptown Marketing Manager.
16. ADJOURNMENT:
There being no further business to come before the Council, Mayor Koos called for a Motion to Adjourn.
MOTION:
Councilmember Chambers moved, seconded by Councilmember Scott, the Regular Meeting of the Normal Town Council be Adjourned.
AYES: Scott, Reece, Nielsen, Fritzen, Gaines, Chambers, Koos. NAYS: None. Motion declared carried.
Mayor Koos adjourned the Regular Meeting of the Normal Town Council at 8:50 p.m., Monday, August 15, 2011.
Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 1
Vendor Name Description Transaction Amount General Fund REDBOX WORKSHOP LTD 1/3 DESIGN SVS/EVAL MASTE $7,833.33 REDBOX WORKSHOP LTD FABRICATION/INSTALL DONOR $5,500.00 CITY OF BLOOMINGTON FOOD/BEVERAGE TAX $1,817.00 ONSRUD, CRAIG PRO SHOP INV PMT 7/24-8/6 $1,946.45 ONSRUD, CRAIG PRO SHOP INV PMT 8/7-8/20 $1,643.02 ONSRUD, CRAIG PRO SHOP TAX PMT 7/24-8/6 $80.69 ONSRUD, CRAIG PRO SHOP TAX PMT 8/7-8/20 $112.34 B-N PUBLIC TRANSIT SYSTEM TRANSIT SALES 7/15-8/15/1 $619.00 HEARTLAND PARKING INC COLLEGE AVE PARKING DECK $6,723.91 HEARTLAND PARKING INC BEAUFORT ST PARKING DECK $5,917.83 HEARTLAND PARKING INC NORMAL LOTS PROFIT ($880.00) General Fund Total $31,313.57 General Fund Mayor & Council Administration EYE TO EYE PRODUCTIONS JULY-AUG COUNCIL MEETINGS $3,000.00 Congress for the New Urbanism KOOS $160.00 CARDMEMBER SERVICE FRAMING PROCLAMATION $43.09 General Fund Mayor & Council Administration Total $3,203.09 General Fund Administration - City Mgr City Manager Congress for the New Urbanism PETERSON $160.00 CARDMEMBER SERVICE MEETING EXPENSES $251.71 CARDMEMBER SERVICE MEETING REFRESHMENTS $15.37 CARDMEMBER SERVICE LUNCH MEETING $36.24 CARDMEMBER SERVICE LUNCH MEETING $62.00 POTBELLY SANDWICH WORKS CDM BOARD LUNCH $93.60 General Fund Administration - City Mgr City Manager Total $618.92 General Fund Administration - City Mgr Uptown Project Congress for the New Urbanism ALDRICH $160.00 SFEAA SFEAA BAND $100.00 REGENT COMMUNICATIONS INCWJBC- UPTOWN ADS / JULY $525.00 General Fund Administration - City Mgr Uptown Project Total $785.00 General Fund Administration - City Mgr Boards & Commissions AMERICAN PROGRAM BUREAU MLK PROGRAM - JAN14,2012 $5,000.00 General Fund Administration - City Mgr Boards & Commissions Total $5,000.00 General Fund Administration - City Mgr General Expense Dept. MUNICIPAL INS COOPERATIVE ADEDUCTIBLE $1,000.00 CARDMEMBER SERVICE RETIREMENT GIFT/HARRIS $300.00 CARDMEMBER SERVICE RETIREMENT GIFT/CRUTCHER $304.95 CARDMEMBER SERVICE RETIREMENT CARD/CRUTCHER $4.31 SOS TECHNOLOGIES AED PADS AND BATTERY $247.50 ONSRUD, CRAIG LOGO GOLF BALLS $576.00 MARCFIRST JANITORIAL SVC- JULY $1,665.00 Tom Delforge TOW FEE REFUND $85.00 EDC OF B-N AREA MONTHLY CONTRIBUTION-AUG $6,666.66 CITY OF BLOOMINGTON FOOD/BEV TAX PROCESS FEE $781.82 HVS INTERNATIONAL INC HOTEL MARKET STUDY $7,500.00 COOK'S AUTO BODY INC 2008 DODGE CARAVAN REPAIR $1,138.00 MEDICAL HILLS INTERNISTS OFFICE VISIT/XRAYS-JANYCE $280.00 MISC FIRE DEPT REIM AMBULANCE FEE $329.55 MISC FIRE DEPT REIM AMBULANCE FEE $549.60 MISC FIRE DEPT REIM AMBULANCE FEE $275.14 KELLY KEOGH MASS GATHERING PERMIT $50.00 Nair Ramnath REFUND-ACT.CTR. $700.00 Samuel A. Schratz TOWING REIMBURSEMENT - SC $560.00 General Fund Administration - City Mgr General Expense Dept. Total $23,013.53 General Fund Town Clerk Administration T/N PETTY CASH-FINANCE DEPTRECORDING FEES $199.00 T/N PETTY CASH-FINANCE DEPTRECORDING FEES $108.00 General Fund Town Clerk Administration Total $307.00 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 2
Vendor Name Description Transaction Amount General Fund Corporation Counsel Administration LEXIS NEXIS CHARGES: JULY,2011 $100.00 General Fund Corporation Counsel Administration Total $100.00 General Fund Facility Management Administration CARDMEMBER SERVICE WORK BOOTS $49.99 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $6,533.26 CORN BELT ENERGY CORP 2280800 WATER TOWER $50.66 AMERENIP 900 S. LINDEN 7061885005 $90.52 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $104.20 NICOR GAS 49144910004 AMTRAK $38.92 CARDMEMBER SERVICE STAIR TREADS, ADHESIVE,EC $429.29 WILCOX ELECTRIC & SERVICE ININSTALL EMERGENCY LIGHT $230.71 MENARDS BRACKET-TRAK MOUNTS $38.88 MENARDS ADHESION PRIMER $87.97 MENARDS SUPPLIES FOR FD3 $90.02 MCDONALD SUPPLY 275-ISM SOLIS FCT/CDM $936.06 MENARDS CEMENT,WALL ANGLE $57.54 SHERWIN-WILLIAMS CO PAINT SUPPLIES- CHALL $72.05 HOME DEPOT CREDIT SERVICESPAINT, PLANTS, ETC. $240.20 AMERENIP CHARGING STATIONS $36.73 SHERWIN-WILLIAMS CO PAINT,SUPPLIES (FOR PD) $180.38 MCDONALD SUPPLY CLOSET REPAIR KIT,+2NDINV $905.73 SHERWIN-WILLIAMS CO PAINT SUPPLIES $775.39 SHERWIN-WILLIAMS CO PAINT SUPPLIES (UPTWN) $55.25 CARPET WEAVERS CARPET - NPD SUB STATION $2,900.00 U S MECHANICAL SERVICES DRINKING FOUNTAIN REPAIR $84.00 U S MECHANICAL SERVICES WATER LEAK REPAIR/NPD $224.20 F.E. MORAN INC ALARM SVC-THEATER/SEP-NOV $75.00 F.E. MORAN INC SVC: NFDHDQ/SEP-NOV $72.00 F.E. MORAN INC SVC: NFD#3/ SEP-NOV $72.00 CARDMEMBER SERVICE FLOOR RESTORER $240.00 MILLER JANITOR SUPPLY TANK COVER GASKET $3.52 MILLER JANITOR SUPPLY TANK COVER GASKET $3.52 RANEY TERMITE CONTROL INC QUARTERLY PEST CONTROL $261.00 FASTENAL COMPANY EYEWASH BOTTLE $24.06 CENTRAL SUPPLY CO ODOR CONTROL REFILLS $44.40 CENTRAL SUPPLY CO ODOR CONTROL REFILLS $44.40 GETZ FIRE EQUIPMENT MEDICAL SUPPLIES- PD/WRK $51.90 CINTAS CORPORATION #396 CARPET RUNNER - CDM $58.41 CINTAS CORPORATION #396 CARPET RUNNER - CDM $58.41 CINTAS CORPORATION #396 CARPET RUNNER - CDM $58.41 MILLER JANITOR SUPPLY TISSUE, CLNR TOWEL-33NCH $103.04 MENARDS RUNNERS, CLEANER (CM) $124.32 MENARDS TOGGLE SWITCHES, SPRY TIP $40.98 General Fund Facility Management Administration Total $15,547.32 General Fund Finance Financial Services AICPA CPA DUES - STEELE $215.00 CARDMEMBER SERVICE INTERN LUNCH $24.80 CARDMEMBER SERVICE WEBINAR-ANDREW HUHN $30.00 CARDMEMBER SERVICE BUSINESS LUNCH-A.HUHN $30.73 SPECIALIZED OFFICE SERVICES TYPEWRITER SERVICE $184.00 T/N PETTY CASH-FINANCE DEPTBINDING COMBS FOR TREND $41.57 CARDMEMBER SERVICE BINDER STRIPS $6.29 QUILL CORPORATION SHIPPING TAGS, TAPE, MRKR $132.59 MIDLAND PAPER 20CS COPY PAPER $768.80 TWIN CITY AWARDS NAME PLATES $50.00 QUILL CORPORATION WHT LASER LABELS $53.98 W M PUTNAM COMPANY OFFICE SUPPLIES - C HALL $130.86 WALZ LABEL AND MAILING SYSTINK ROLLERS - C HALL $276.67 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 3
Vendor Name Description Transaction Amount General Fund Finance Financial Services Total $1,945.29 General Fund Finance College Ave Parking Deck AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $2,975.71 General Fund Finance College Ave Parking Deck Total $2,975.71 General Fund Finance Beaufort St. Deck Parking AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $3,440.44 General Fund Finance Beaufort St. Deck Parking Total $3,440.44 General Fund Information Technology Administration ROUTE 24 COMPUTERS INC INTERNET FEES 8/13-9/13 $72.00 VERIZON WIRELESS - PA ACCT 486055053-00001 $347.41 CARDMEMBER SERVICE MENARDS-CABLE $76.65 CARDMEMBER SERVICE TEKNOPRINTO-MAINT KIT $44.50 CHELTENHAM COURSEWARE INCOURSEWARE LIBRARY RENEWL $997.50 MNJ TECHNOLOGIES DIRECT INTONER, HP DRUM KIT $298.00 LEXIS NEXIS ON-LINE CHARGES: JULY11 $149.00 L-SOFT INTERNATIONAL INC LISTSERV YEARLY MAINT $950.00 CARDMEMBER SERVICE SPRINT.COM-HOLSTERS $133.94 CARDMEMBER SERVICE SPRINT.COM-CHARGERS $303.92 CARDMEMBER SERVICE SPRINT.COM-HOLDER $48.99 FRONTIER 12 1184 2781306525 05 $296.19 FRONTIER ACCT 1410420866-11219 $470.00 FRONTIER 12 1184 2792080605 04 $30.55 KOOS, CHRIS JULY PHONE REIMBURSEMENT $101.29 NEXTEL COMMUNICATIONS SERVICE: 7/21-8/20 $10,429.12 FRONTIER ACCT 12 1184 2161576910 0 $510.13 MNJ TECHNOLOGIES DIRECT INTONER, HP DRUM KIT $1,963.29 MNJ TECHNOLOGIES DIRECT INHP TONER $198.00 MNJ TECHNOLOGIES DIRECT INHP TONER $867.66 MNJ TECHNOLOGIES DIRECT INHP TONER $280.85 MNJ TECHNOLOGIES DIRECT INHP TONER CARTRIDGE $517.60 DARNALL PRINTING DANCE BUSINESS CARDS $39.25 CARDMEMBER SERVICE CONNECTINGPT-IPAD2 $776.00 CARDMEMBER SERVICE BEST BUY-SWITCHES $177.97 GOVERNMENTJOBS.COM INC ANNUAL USER LICENSE $8,950.00 General Fund Information Technology Administration Total $29,029.81 General Fund Human Resources Administration CARDMEMBER SERVICE WELLNESS PROGRAM $82.31 T/N PETTY CASH-FINANCE DEPTWELLNESS MEETING $30.71 CLARK BAIRD SMITH LLP LEGAL COUNSEL:12836-005 $2,396.25 ALLIED BENEFIT SYSTEMS FLEX PLAN - SEP,2011 $437.00 IPMA AGENCY DUES $360.00 CARDMEMBER SERVICE IPMA CONF LUNCH $10.52 General Fund Human Resources Administration Total $3,316.79 General Fund Inspections Administration Congress for the New Urbanism DAVISON $160.00 CARDMEMBER SERVICE M BEAVERS CERTIFICATION R $70.00 IPEA IPEA CONTINUING EDUCATION $60.00 Troy Sondgeroth GAS-PICK UP NEW TRUCK $84.15 Mike Beavers IMIA AUGUST MEETING $60.00 PRO-TYPE PRINTING INC BUILDING LABELS $88.00 PRO-TYPE PRINTING INC PLUMBING INSP LABELS $100.00 PRO-TYPE PRINTING INC GAS PIPING INSP LABELS $100.00 PRO-TYPE PRINTING INC ELECTRICAL INSP LABELS $98.00 JIM ULAVEGE SIGNS TRAPPING NOTICE SIGN $94.00 SECTY OF STATE-MOTOR VEH D LICENSE FOR 2010 F150 $105.00 General Fund Inspections Administration Total $1,019.15 General Fund Police Narcotics Enforcement Asst. Chief Eric Klingele NARCOTICS ENFORCEMENT FUN $10,000.00 CARQUEST AUTO PARTS OF BLMBRAKE ROTOR,PADS, TIE ROD $188.08 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 4
Vendor Name Description Transaction Amount U.S.BANK VICE HEADPHONE REPAIR/SCA $285.22 U.S.BANK VICE DRUG SCALE/POWER INV $108.08 U.S.BANK SNIPER TRNG. EQUEIPMENT-C $1,274.26 General Fund Police Narcotics Enforcement Total $11,855.64 General Fund Police Administration RAY O'HERRON CO INC BADGE $123.59 RAY O'HERRON CO INC 3- PANTS $210.71 10-8 OUTFITTERS BOOTS - CHAD PHILLIPPE $116.99 RAY O'HERRON CO INC BODY ARMOR $5,189.34 RAY O'HERRON CO INC PANTS, SHIRTS (2) $207.62 RAY O'HERRON CO INC PANTS $58.95 10-8 OUTFITTERS LT BARS (4) $20.66 GALLS INC BIKE PANTS $65.34 RAY O'HERRON CO INC PANTS $307.96 RAY O'HERRON CO INC PANTS,SHIRTS $220.48 10-8 OUTFITTERS BOOTS - WARREN DOBSON $170.99 10-8 OUTFITTERS BOOTS - JEREMY FLOOD $170.99 10-8 OUTFITTERS ANKLE HOLSTER $76.50 GALLS INC SHIRTS W/EMBROIDERY $77.17 GALLS INC ZIP OFF PANTS $58.48 Officer Mike Dowd ALTERATIONS - DOWD $40.00 10-8 OUTFITTERS LEG IRONS $42.29 T/N PETTY CASH-POLICE DEPT ALTERATIONS TO UNIFORMS $34.00 MCLEAN COUNTY TREASURER CENTRAL COMM CNTR- AUG $63,087.66 MCLEAN COUNTY HEALTH DEPTANIMAL CNTRL SERVICE-AUG $5,168.00 PURITAN SPRINGS WATER SERVICE- 8/4 -- NPD $7.00 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $162.77 STERICYCLE INC MONTHLY FEE $50.95 PRAIRIE OAK VETERINARY CENTK9 SVC - RICO $139.00 AT&T VICE GPS $29.64 U.S.BANK CID BACKGROUND INFO $79.35 PURITAN SPRINGS WATER NPD SVC: 8/17-8/18 $49.25 KRUGER ANIMAL HOSPITAL K9 CARE- GUNNER $40.95 U.S.BANK IALEIA 2011 DUES - MURPHY $50.00 SECTY OF STATE-MOTOR VEH D NEW VEHICLE STICKER $105.00 SPRINGFIELD ELECTRIC CO WIRE CONNECTORS $50.00 SECTY OF STATE-MOTOR VEH D NEW LICENSE -CRIME SCENE $105.00 SECTY OF STATE-MOTOR VEH D FORFEITED VEHICLE REGISTR $194.00 FEDEX EVIDENCE SHIPMENTS-NPD $88.42 YAHOO CID BACKGROUND INFO-SUBPO $20.44 DARNALL PRINTING 2PT VOLUNTEER STMT FORMS $346.75 DARNALL PRINTING BUS CARDS - ERIC KLINGELE $88.50 State Police Services Fund BASIC TRAINING ACADEMY - $2,848.36 U.S.BANK TRNG. REG/MEALS/LODGING/S $2,754.88 U.S.BANK FBI CONFERENCE EXPENSES/T $1,225.40 U.S.BANK CALEA CONF. EXPENSE - BAR $995.86 U.S.BANK CALEA CONF. EXPENSE - BLE $475.12 U.S.BANK TRNG. EXPENSES $220.06 MCLEAN COUNTY CHILD PROTEREG. - TRNG. (THACKER) $40.00 American Working Dogs, Inc K9 TRNG. REGISTRATION $200.00 T/N PETTY CASH-POLICE DEPT MEALS/PARKING/FUEL DURING $31.77 TWIN CITY SELF STORAGE STORAGE RENTAL $75.00 TWIN CITY AWARDS RETIREMENT PHOTO TAGS $45.00 10-8 OUTFITTERS FLASHLIGHTS $764.96 SCOTT COMPANY DRUG RESIDUE SWABS $135.80 TWIN CITY AWARDS NAME PLATE - NPD $15.00 PETCO ANIMAL SUPPLIES INC K9 SUPPLIES $84.02 TWIN CITY AWARDS AWARD PLAQUE $110.00 PH & S PRODUCTS LLC LATEX GLOVES $1,260.00 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 5
Vendor Name Description Transaction Amount T/N PETTY CASH-POLICE DEPT RET. CARDS& SUPP/SQUAD SU $28.27 Keith Simpson FUEL-NEW VEHICLE PICK-UP $15.01 General Fund Police Administration Total $88,379.25 General Fund Fire Foreign Fire Tax SELECT SCREENPRINTS INC T-SHIRTS FOR NFD $1,773.25 GALLS INC JACKETS - NFD $315.45 General Fund Fire Foreign Fire Tax Total $2,088.70 General Fund Fire Administration T/N FIRE PENSION FUND PAYROLL SUMMARY $45.09 T/N FIRE PENSION FUND PAYROLL SUMMARY $45.09 MUNICIPAL EMERGENCY SERVI TURN-OUT GEAR $4,026.42 10-8 OUTFITTERS CLOTHING - SCHURTER $228.52 10-8 OUTFITTERS CLOTHING - POLLEY $95.39 S HARRIS UNIFORMS CLOTHING - WILLIAMS $195.25 10-8 OUTFITTERS CLOTHING - GOLLNITZ $271.54 FEDEX ACCUMED SHIPMENTS - NFD $96.96 ACCUMED BILLING INC SERVICE FOR JULY,2011 $8,104.67 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $2,213.24 CORN BELT ENERGY CORP CD SIREN $27.87 CORN BELT ENERGY CORP PARKSIDE SIREN $27.47 CORN BELT ENERGY CORP STATION 3 $1,390.56 CORN BELT ENERGY CORP RAAB RD SIREN $32.71 CORN BELT ENERGY CORP IRONWOOD SIREN $26.80 CORN BELT ENERGY CORP W. COLLEGE SIREN $27.46 COMCAST CORPORATION STATION 2 $3.98 COMCAST CORPORATION HDQTS $9.95 COMCAST CORPORATION STATION 3 $3.98 RANEY TERMITE CONTROL INC MONTHLY SVC: 3 NFD LOCATE $100.50 PRO-AIR HEATING / COOLING SERVICE - NFD/ 7/29 $132.75 HASTINGS AIR-ENERGY CONTROGRABBER ASSEMBLY $277.60 HASTINGS AIR-ENERGY CONTROREPAIR EXHAUST GRABBER $313.90 SCBAS INC SCBA KIT $47.94 PROFESSIONAL ELECTRIC GRINDER REPAIR $55.90 MORRIS AVENUE GARAGE N 13 RESCUE TEST $20.00 SCBAS INC SCBA PARTS $74.50 E-COMMUNICATIONS RADIO INSTALLED - NFD $801.95 E-COMMUNICATIONS RADIO REPAIR - NFD $222.50 WHERRY MACHINE & WELDING REPAIR TOOL, REPL SEALS $190.51 PRAIRIE SIGNS INC U.S. FLAGS - NFD $112.00 HAWTHORN SUITES HOTEL ACCOMMODATIONS $346.28 MCLEAN CO AREA EMS SYSTEM TRAINING - CEU SESSIONS $833.34 ED COLLINS REIM HOTEL ACCOMMODATIONS $177.60 SECTY OF STATE-MOTOR VEH D TITLE - 2011 FIRE ENGINE $95.00 MUNICIPAL EMERGENCY SERVI GEAR CLEANER $73.08 INTERSTATE ALL BATTERY CEN SCBA BATTERIES $213.76 WALMART COMMUNITY BRC SUPPLIES - NFD $69.60 WALMART COMMUNITY BRC SUPPLIES - NFD $137.85 MISC FIRE DEPT FIRE AX DECAL $45.00 MILLER JANITOR SUPPLY SUPPLIES - 33NFD30 $338.58 ADVANCE AUTO PARTS ANTIFREEZE (FIRE DPT) $39.96 MILLER JANITOR SUPPLY MISC MAINT SUPPLIES $243.40 EVERGREEN FS INC. DIESEL - GENERATOR NFD2 $79.16 EVERGREEN FS INC. DIESEL- GENERATOR NFD3 $172.02 SCBAS INC REPLACEMNT AIR CYLINDERS $10,200.00 MUNICIPAL EMERGENCY SERVI COOLING FAN $609.85 MEDLINE INDUSTRIES INC ANEROID GAUGE $66.23 MEDLINE INDUSTRIES INC MEDICAL SUPPLIES $306.91 MEDLINE INDUSTRIES INC BOX OF SCISSORS $42.15 MEDLINE INDUSTRIES INC STERILE WATER $55.91 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 6
Vendor Name Description Transaction Amount ADVOCATE BROMENN MEDICAL PHARMACY CHARGES- NFD $358.64 BOUND TREE MEDICAL LLC MEDICAL SUPPLIES $474.54 General Fund Fire Administration Total $34,201.86 General Fund Public Works Public Benefit F&W LAWN CARE & LANDSCAPINMOWING SVC- 1405 BEECH $143.00 General Fund Public Works Public Benefit Total $143.00 General Fund Public Works Waste Removal SELECT SCREENPRINTS INC POLOS - PUB WKS $168.00 WEST SIDE CLOTHING CLOTHING - PUB WKS $157.25 GALETON GLOVES JERSEY GLOVES $252.00 MORRIS AVENUE GARAGE TRUCK TESTS -- PUB WKS $237.00 AMERICAN PEST CONTROL PIGEON SERVICE $170.00 HERITAGE CRYSTAL CLEAN DRUM MOUNT, 1/2 FUEL CHG $231.27 J & R USED TIRE SERVICE TIRES FOR RECYCLE $178.00 J & R USED TIRE SERVICE USED TIRES FOR RECYCLE $25.00 MENARDS 20A GFI W/WALLPLATE $9.99 PRO-VISION INC SHIPPING FEES 5" LCD MONI $8.73 Lisa Rogers REFUND CHARGE TRANSACTION $60.00 HICKSGAS BLOOMINGTON INC 1-33# LP $21.01 General Fund Public Works Waste Removal Total $1,518.25 General Fund Public Works Administration CARDMEMBER SERVICE ECSILCMAIL RENEWAL DUES - $151.25 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $2,415.08 WEAVER, ROBIN REIMBURSEMENT FOR PERMIT $190.00 UNITED STATES POSTAL SERVICPOSTAGE FEES RE: GARBAGE $3,491.72 CARDMEMBER SERVICE APWA INT'L PW CONGRESS FE $660.00 General Fund Public Works Administration Total $6,908.05 General Fund Public Works Equipment Maintenance SELECT SCREENPRINTS INC POLOS - PUB WKS $144.00 CINTAS CORPORATION #396 TWLS/SUPPLIES - PUB WKS $57.94 CINTAS CORPORATION #396 TWLS/SUPPLIES - PUB WKS $57.94 CINTAS CORPORATION #396 TWLS/SUPPLIES - PUB WKS $57.94 CINTAS CORPORATION #396 TWLS/SUPPLIES - PUB WKS $57.94 PRAXAIR DISTRIBUTION INC WELDER TIPS $29.40 CINTAS CORPORATION #396 TWLS/SUPPLIES - PUB WKS $57.94 BLOOMINGTON BTB HEILICOILS FOR SHOP $6.04 MOTION INDUSTRIES INC HYD HOSE - S40 $131.11 MOTION INDUSTRIES INC HOSE ASSEMBLY- SHOP $109.16 INTERSTATE ALL BATTERY CEN FLASHLIGHT BATTERY-9264 $15.99 CARDMEMBER SERVICE OEM CONTROLLER $1,150.16 CARDMEMBER SERVICE OEM FREIGHT CHARGES $11.85 CARDMEMBER SERVICE OEM SWITCHES TRIGGER LEVE $79.82 CARDMEMBER SERVICE OEM FREIGHT CHARGES $8.30 DENNISON CORPORATION CK ENG LIGHT- REPAIRS $140.50 DENNISON CORPORATION CIRCUIT BREAKER $9.96 MUTUAL WHEEL CO HOSE ASSEMBLY - S22 $17.74 PRAIRIE ARCHWAY INT'L TRUCKFREIGHT -- INV23997N $10.00 PRAIRIE ARCHWAY INT'L TRUCKHOSE FOR U-26 $163.03 BLOOMINGTON BTB WASHER FLUID $44.82 DON OWEN TIRE SERVICE REPAIR FORKLIFT TIRE $40.00 DON OWEN TIRE SERVICE POWER TRAC RETREAD $150.00 DON OWEN TIRE SERVICE POWER TRAC RETREAD $150.00 MUTUAL WHEEL CO AIR BAG $119.63 MORBARK INC TUB SUPPORTS - S90 $83.52 CUMBERLAND SERVICENTER INSTEERING BOX - A14 $423.80 WHERRY MACHINE & WELDING BED REPAIRS - S10 $73.00 DON OWEN TIRE SERVICE 1-4PLY FIRESTONE TIRE $74.71 PETERBILT ILLINOIS FILTER FOR FIRE TRUCK $43.38 HILL RADIO 3/4" HOLE PLUGS $32.50 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 7
Vendor Name Description Transaction Amount MARTIN EQUIPMENT OF IL INC SWITCH - S45 $40.84 ADVANCE AUTO PARTS ANTIFREEZE $59.94 ADVANCE AUTO PARTS PLASTIC WELD $6.79 ADVANCE AUTO PARTS HI TEMP RTV, MIN GASKET $28.58 ADVANCE AUTO PARTS CURRENT TESTER $11.99 ADVANCE AUTO PARTS BATTERY CLIPS $1.59 ADVANCE AUTO PARTS BRAKE LINES $21.74 ADVANCE AUTO PARTS BRAKE LINE $4.59 ADVANCE AUTO PARTS BRAKE LINES $38.26 ADVANCE AUTO PARTS BRAKE PARTS $21.34 ADVANCE AUTO PARTS THRD REP KIT $29.99 ADVANCE AUTO PARTS CREDIT - RET BRAKE PARTS ($24.66) ADVANCE AUTO PARTS HI TEMP RTV $7.49 CUMBERLAND SERVICENTER INCAB JACK - A14 $337.76 CUMBERLAND SERVICENTER INCAB PUMP, GEARBOX,-W/CRDT ($12.75) CARQUEST AUTO PARTS OF BLMAUTO BATTERY $79.61 CARQUEST AUTO PARTS OF BLMTENSIONER, IDLER PULLEY, $87.45 CARQUEST AUTO PARTS OF BLMCREDIT - CORE RETURN ($12.00) CARQUEST AUTO PARTS OF BLMBRAKE PADS $40.83 CARQUEST AUTO PARTS OF BLMBRAKE PARTS - R12 $98.98 CARQUEST AUTO PARTS OF BLMALTERNATOR - N51 $227.95 DENNISON CORPORATION VALVE ASSEMBLY- R35 $72.23 DON OWEN TIRE SERVICE TIRE REPAIR - S14 $41.62 DON OWEN TIRE SERVICE TIRE - C15 $115.43 DON OWEN TIRE SERVICE TIRE REPAIR - U12 $21.62 NAPA AUTO PARTS AIR FILTER $44.12 NAPA AUTO PARTS BRAKE LINES (SHOP) $6.02 PRAIRIE ARCHWAY INT'L TRUCKHOSE -- A26 $163.03 EAGLE AUTOMOTIVE CYLINDER ASSEMBLY $98.09 SAM LEMAN INC AC APPLIQUE - N24 $12.48 CLAY DOOLEY INC USED TIRE $32.50 WHOLESALE DIRECT INC STROBE KIT $288.08 CARQUEST AUTO PARTS OF BLMBRAKE ROTORS $118.22 CARQUEST AUTO PARTS OF BLMFREON $209.00 KEY EQUIPMENT & SUPPLY CO ROLLER SUPPORTS $310.36 PRAIRIE ARCHWAY INT'L TRUCKFUEL TANK - W14 $942.95 CENTRAL ILLINOIS TRUCKS INCPRESSURE SWITCH - A14 $15.90 ILLINOIS OIL MARKETING EQUI REPAIR, HOSES- NL TANK $1,111.34 General Fund Public Works Equipment Maintenance Total $8,251.42 General Fund Public Works Streets SELECT SCREENPRINTS INC POLOS - PUB WKS $96.00 WEST SIDE CLOTHING CLOTHING - PUB WKS $1,206.10 CITY OF BLOOMINGTON T/S MAINT: APR-JUN,2011 $1,011.27 MORRIS AVENUE GARAGE TRUCK TESTS -- PUB WKS $239.00 LAESCH ELECTRIC INC SIGNAL MAINT- JULY,2011 $1,436.78 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $27,600.06 CORN BELT ENERGY CORP STREET LIGHTS $7,513.20 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $2,288.03 CORN BELT ENERGY CORP TRAFFIC SIGNALS $608.00 KEY EQUIPMENT & SUPPLY CO STRIP BROOM & SEGMENTS $2,730.00 KEY EQUIPMENT & SUPPLY CO CHEVRON BELT, FREIGHT $1,657.88 KEY EQUIPMENT & SUPPLY CO BELT SPLICE HDWRE KIT $53.79 KEY EQUIPMENT & SUPPLY CO GUTTER BROOMS, DIRT SHOE $219.65 KEY EQUIPMENT & SUPPLY CO SCRAPER MOUNTING WLDT $378.60 MENARDS 4'X8' LUMBER $46.62 CARDMEMBER SERVICE WAREHOUSE RACK & SHELF LL $462.47 MARTIN BROTHERS FILTER FOR HEDGE TRIMMER $3.80 MENARDS DRILL BITS $12.53 MIDWEST CONSTRUCTION RENTMEASURING WHEEL $75.75 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 8
Vendor Name Description Transaction Amount HERITAGE CRYSTAL CLEAN SOLVENT SVC, 1/2 FUEL CHG $348.30 CREATIVE METAL WORKS INC MATERIAL, LABOR (PW) $18.32 MENARDS MASTER HALCO, HARDWARE $229.74 MENARDS 4X8 PLYWOOD $16.99 MIDWEST EQUIPMENT II REPAIR POLE SAW $6.32 MIDWEST EQUIPMENT II CHAINS & BAR/CHAIN $91.74 MIDWEST EQUIPMENT II CHAIN SAW REPAIR $56.40 BILL'S KEY & LOCK SHOP 6-KEYS (PUB WKS) $11.10 MENARDS CEMENT, POSTS $60.64 TRAFFIC SIGN STORE PEDESTRIAN CROSSING $387.00 TRAFFIC SIGN STORE STREET-NAME SIGNS $602.00 JOPAC COMPANIES GREASE TUBES $141.64 MCLEAN COUNTY ASPHALT COLD MIX ASPHALT $45.60 MCLEAN COUNTY CONCRETE CONCRETE- HENRY/SHELBOURN $866.50 MCLEAN COUNTY CONCRETE CONCRETE- RAAB/SCHOOL $2,553.88 MCLEAN COUNTY MATERIALS C RECYC CONCRETE, + DUMPS $400.55 MCLEAN COUNTY CONCRETE CONCRETE- E COLL/NFD $273.63 MCLEAN COUNTY CONCRETE CONCRETE - FELL/HOVEY $290.50 MCLEAN COUNTY CONCRETE CONCRETE- BONE/COLLEGE $1,550.58 MCLEAN COUNTY CONCRETE CONCRETE- SCHOOL, HOVEY $1,436.56 MCLEAN COUNTY CONCRETE HOT PATCH- FELL/MULBERRY $1,320.00 MCLEAN COUNTY MATERIALS C CREDIT - DUMP CONCRETE ($117.53) MCLEAN COUNTY ASPHALT COLDMIX ASPHALT $372.40 MCLEAN COUNTY CONCRETE CONCRETE- SCHOOL/CROSSING $433.25 MCLEAN COUNTY CONCRETE CONCRETE - AIRPORT RD $661.27 MCLEAN COUNTY MATERIALS C CREDIT - DUMP CONCRETE ($64.10) General Fund Public Works Streets Total $59,632.81 General Fund Engineering Engineering Services PURITAN SPRINGS WATER ENG SVC - 8/17 $13.54 General Fund Engineering Engineering Services Total $13.54 General Fund Engineering Road & Bridge BROWN TRAFFIC PRODUCTS INC3" REFLECTIVE TAPE $630.00 General Fund Engineering Road & Bridge Total $630.00 General Fund Parks & Recreation Recreation/Athletic Prog MID-ILLINI UMPIRE ASSOCIATIOUMPIRE FEES- NATL TOURN $620.00 BILL'S KEY & LOCK SHOP 6-KEYS (P/REC) $11.10 BILL'S KEY & LOCK SHOP 6- KEYS (PARKS/REC) $11.10 BILL'S KEY & LOCK SHOP 3- KEYS (PARK/REC) $5.55 General Fund Parks & Recreation Recreation/Athletic Prog Total $647.75 General Fund Parks & Recreation Rec.- Before/After School WALMART COMMUNITY BRC SUPPLIES $1,463.93 Laura Hansen MILEAGE REIMBURSE $31.64 General Fund Parks & Recreation Rec.- Before/After School Total $1,495.57 General Fund Parks & Recreation Community Activity Center AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $2,723.20 General Fund Parks & Recreation Community Activity Center Total $2,723.20 General Fund Parks & Recreation Administration GREAT PLAINS MEDIA WRPW- WEATHER / P & REC $625.00 GREAT PLAINS MEDIA WIBL-WEATHER/ P & REC $625.00 GREAT PLAINS MEDIA WZIM-MUSIC SWEEPS/P REC $500.00 NEXSTAR BROADCASTING INC IRNWD ADS: 6/27-7/24 $1,000.00 AMERICAN SOCIETY OF COMPOSANNUAL LICENSE FEE $311.67 CARDMEMBER SERVICE NRPA HOUSING DEPOSIT $212.75 CARDMEMBER SERVICE SUPPLIES $78.05 General Fund Parks & Recreation Administration Total $3,352.47 General Fund Parks & Recreation Golf Course COMCAST OF CHICAGO INC IRNWD SVC 7/16-8/15 $26.84 CORN BELT ENERGY CORP IRNWD CLBHSE $1,710.60 NICOR GAS IRNWD CLBHSE $28.43 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 9
Vendor Name Description Transaction Amount RANEY TERMITE CONTROL INC SUMMER SVC- IRNWOOD $33.25 CINTAS CORPORATION #396 RESTROOM SVC - IRNWOOD $114.68 CINTAS CORPORATION #396 TWLS/SUPPLIES - IRNWOOD $173.17 CINTAS CORPORATION #396 TP, CARPET - IRNWOOD $34.82 LS MECHANICAL LLC ICE MACHINE SVC- IRNWOOD $120.00 LS MECHANICAL LLC ICE MACHINE SERVICE-IRNWD $274.81 NEXSTAR BROADCASTING INC IRNWD ADS: 6/27-7/24 $540.00 ILLINOIS PORTABLE TOILETS SERVICE: AUG/8-SEP/7 $123.00 MENARDS SUPPLIES - PARKS/REC $348.99 WALMART COMMUNITY BRC SUPPLIES $212.06 TWIN CITY AWARDS GOLF PLAQUES $147.50 General Fund Parks & Recreation Golf Course Total $3,888.15 General Fund Parks & Recreation Recreation/Teen Programs ILLINOIS FUSION TOTS SOCCER- 1 NML PLAZA $864.00 CARDMEMBER SERVICE TEEN CAMP PROGRAMMING $906.02 SUMMITS EDGE CAMP PROGRAM (CLIMBING) $615.00 CARDMEMBER SERVICE TEEN CAMP TRIPS $590.67 CARDMEMBER SERVICE TEEN CAMP SUPPLIES/TRIPS $2,454.45 CARDMEMBER SERVICE SUPPLIES $12.39 CARDMEMBER SERVICE TEEN CAMP TRIPS $745.47 CARDMEMBER SERVICE SUPPLIES $187.32 CARDMEMBER SERVICE TEEN CAMP PROGRAMMING $1,088.03 CARDMEMBER SERVICE CASEYS $99.77 General Fund Parks & Recreation Recreation/Teen Programs Total $7,563.12 General Fund Parks & Recreation Golf Course Maintenance CARDMEMBER SERVICE CLOTHING $60.00 READ'S SPORTING GOODS POLOS - FOR IRONWOOD $266.00 ZESCHKE SEPTIC CLEANING IRNWOOD- SHOP DRAIN SVC $175.00 CORN BELT ENERGY CORP IRNWD MAINT. $432.25 CORN BELT ENERGY CORP IRNWD GOLF IRRIG $1,321.36 NICOR GAS IRNWD MAINT. $46.75 WENDELL NIEPAGEN GREENHOPLANTS,ANNUALS-IRNWD $872.33 HORNUNG'S GOLF PRODUCTS INRAKE, CUPLESS STICKS $387.50 HORNUNG'S GOLF PRODUCTS INRAKE, CUPLESS STICKS $57.00 HORNUNG'S GOLF PRODUCTS INRAKE, CUPLESS STICKS $35.48 CARDMEMBER SERVICE BATTERIES PLUS $164.97 MTI DISTRIBUTING INC FUEL CAP $21.19 MTI DISTRIBUTING INC FUEL CAP $11.01 ERB TURF EQUIPMENT INC HEADLIGHT - IRNWOOD $63.80 CARDMEMBER SERVICE CIGCSA TOURN $45.00 CARDMEMBER SERVICE SUPPLIES $34.98 CARDMEMBER SERVICE TRACTOR SUPPLY $125.81 MILLER JANITOR SUPPLY G/LINERS, SHOP TWLS-NPRIM $129.66 R & R PRODUCTS INC 6" BRASS NOZZLES $19.90 R & R PRODUCTS INC 2" BRASS NOZZLE $3.80 MENARDS SUPPLIES - PARKS/REC $341.49 HELENA CHEMICAL CO CHEMICALS - IRNWD/3448559 $349.50 HELENA CHEMICAL CO CHEMICALS FOR IRNWD $1,452.00 HELENA CHEMICAL CO INSIGNIA - IRNWD/3448559 $1,459.20 General Fund Parks & Recreation Golf Course Maintenance Total $7,875.98 General Fund Parks & Recreation Theater CITY OF BLOOMINGTON FOOD/BEVERAGE TAX $33.00 NICOR GAS ACCT # 79-72-62-2000 1 / $77.72 REGENT COMMUNICATIONS INCWJBC - THEATER ADS $575.00 REGENT COMMUNICATIONS INCWJBC/THEATER FREQ PLAN $120.00 FEDEX FILM SHIPMENTS $376.86 DHL AIR & OCEAN TO KILL A MOCKINGBIRD $123.98 IFC FILMS LLC RENTAL - BUCK $582.80 MGM THE THIRTY-NINE STEPS $250.00 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 10
Vendor Name Description Transaction Amount SONY PICTURES CLASSICS INC GREATEST MOVIE $617.40 TWENTIETH CENTURY FOX FILMWIN WIN -- RENTAL $1,031.10 UNIVERSAL FILM EXCHANGE INTO KILL A MOCKINGBIRD $657.20 ABRAMORAMA INC CONAN O'BRIEN $176.40 DHL AIR & OCEAN WHATEVER HAPP TO BABYJANE $144.20 DHL AIR & OCEAN SUNSET BLVD $123.98 DHL AIR & OCEAN TO KILL A MOCKINGBIRD $123.98 DHL AIR & OCEAN 39 STEPS $139.60 TECHNICOLOR FILM MATERIAL $23.11 FEDEX FILM SHIPMENTS-THEATER $137.44 FILM COLLABORATIVE THE WISE KIDS $400.00 FIRST RUN FEATURES INC OVERAGE DUE- HEY BOO $67.50 CARDMEMBER SERVICE DAY CAMP SUPPLIES $97.77 CARDMEMBER SERVICE DAY CAMP SUPPLIES $106.28 MILLER JANITOR SUPPLY SUPPLIES - 16NPRTO $297.00 POSTER EMPORIUM MOVIE POSTERS $634.45 CONCESSION SPECIALISTS POPCORN SUPPLIES $380.70 SPECIALTY IMPORT DISTRIBUTI11 CS - BTL WATER $111.65 WALMART COMMUNITY BRC SUPPLIES $162.12 WALMART COMMUNITY BRC SUPPLIES $29.84 BURKLUND DISTRIBUTORS INC CANDY-THEATER/#17304 $726.48 GOLD MEDAL- CHICAGO CONCESSIONS - THEATER $1,067.55 General Fund Parks & Recreation Theater Total $9,395.11 General Fund Parks & Recreation Children's Disc Museum AMERICAN ASSOC. OF MUSEUM AAM 2011 ANNUAL DUES $600.00 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $4,597.17 CAPITOL RADIO GROUP SUMMER AD FOR CDM $250.00 PANTAGRAPH UPTOWN ADS- CDM $175.00 PREMIER PRINT GROUP SEP-NOV,2011 NEWSLETTER $2,852.00 CARDMEMBER SERVICE ACM CREDIT ($98.75) CARDMEMBER SERVICE AMTRAK $79.00 CARDMEMBER SERVICE IAM - FOOD $42.31 CARDMEMBER SERVICE HARRY POTTER $14.43 CARDMEMBER SERVICE HARRY POTTER $15.72 CARDMEMBER SERVICE XCEL DISTRIBUTION $189.90 CARDMEMBER SERVICE SUGAR CREEK SUPPLIES $13.81 CARDMEMBER SERVICE WATER TABLE $135.60 CARDMEMBER SERVICE GAS - HS FT $59.71 CARDMEMBER SERVICE CAR - HS FT $126.81 CARDMEMBER SERVICE HARRY POTTER CAMP $30.00 CARDMEMBER SERVICE CAMP SUPPLIES $226.65 CARDMEMBER SERVICE BOOK $14.39 HOBBY LOBBY STORES INC CRAFT SUPPLIES - CDM $457.49 HOBBY LOBBY STORES INC CRAFT SUPPLIES - CDM $78.55 ACE HARDWARE SUPPLIES- PARKS/REC $54.01 ACE HARDWARE SUPPLIES- PARKS/REC $251.45 DISCOUNT SCHOOL SUPPLY WASHABLE PAINT - CDM $186.78 DISCOUNT SCHOOL SUPPLY CRAFT SUPPLIES - CDM $614.10 DISCOUNT SCHOOL SUPPLY CRAFT SUPPLIES - CDM $102.90 DISCOUNT SCHOOL SUPPLY CRAFT SUPPLIES - CDM $19.98 MENARDS SUPPLIES - PARKS/REC $162.87 MENARDS SUPPLIES - PARKS/REC $61.71 BARNES & NOBLE INC 3 PLAY BOOKS $40.80 MCMASTER-CARR SUPPLY CO KEY SWITCH - EXHIBIT REPA $100.75 WALMART COMMUNITY BRC SUPPLIES $440.16 WALMART COMMUNITY BRC SUPPLIES $25.02 WALMART COMMUNITY BRC SUPPLIES $47.06 WALMART COMMUNITY BRC SUPPLIES $92.23 WALMART COMMUNITY BRC SUPPLIES $14.56 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 11
Vendor Name Description Transaction Amount WALMART COMMUNITY BRC SUPPLIES $99.59 WALMART COMMUNITY BRC SUPPLIES $9.74 WALMART COMMUNITY BRC SUPPLIES $3.37 PLAN TOYS INC TOYS FOR CDM EXHIBITS $362.85 REDBOX WORKSHOP LTD FABRICATION- CDM EXHIBIT $1,800.00 GREEN TOYS INC TOYS - CDM STORE $128.40 AVANTI'S ITALIAN RESTAURANTCDM PROGRAMS / EVENTS $232.50 SCHNUCKS MARKETS INC FETCH LAB SUPPLIES $20.59 DENNY'S DOUGHNUTS & BAKERBDAY CAKES-JULY $13.95 KAPLAN EARLY LEARNING COM PLUSH FRUIT/VEG $129.28 STEPHEN JOSEPH INC TOYS FOR RESALE - CDM $907.30 AURORA WORLD INC TOY ANIMALS - CDM $2,673.00 KLUTZ INC BOOKS FOR CDM $125.70 KLUTZ INC BOOKS FOR RESALE - CDM $59.97 GEOCENTRAL STONES -- CDM $1,208.60 DOVER PUBLICATION INC PUZZLES,BOOKS,STICKERS, $263.70 DOVER PUBLICATION INC PUZZLES,BOOKS,STICKERS, $22.60 LEARNING RESOURCES INC TOYS FOR RESALE - CDM $643.73 SAFARI LTD BULK BINS - PETS (CDM) $57.00 PLASMART INC PLASMACAR, PUZZLE BALL $555.00 PLASMART INC PLASMACAR, PUZZLE BALL $55.50 EDUCATIONAL DEVELOPMENT CED BOOKS - CDM RESALE $374.51 HARPERCOLLINS PUBLISHERS I BOOKS FOR CDM STORE $237.99 GREEN TOYS INC TOYS - CDM STORE $334.30 GREEN TOYS INC TOYS - CDM STORE $62.32 General Fund Parks & Recreation Children's Disc Museum Total $22,455.66 General Fund Parks & Recreation Recreation/Youth Programs CARDMEMBER SERVICE DAY CAMP TRIPS $422.36 ILLINOIS CENTRAL SCHOOL BUSCHARTER SVC- P/REC EVENTS $2,699.57 ILLINOIS CENTRAL SCHOOL BUSCHARTER SVC- P/REC EVENTS $2,695.87 ILLINOIS CENTRAL SCHOOL BUSCHARTER SVC- P/REC EVENTS $2,501.52 ILLINOIS CENTRAL SCHOOL BUSCHARTER SVC- P/REC EVENTS $2,034.43 HEARTLAND JAZZ ORCHESTRA THEATER PERFORMANCE-8/20 $700.00 BLURKLEZURPS THEATER PERFORMANCE- 8/21 $350.00 KRIS HALL ECOLOGY SUPP. $33.00 CARDMEMBER SERVICE PHEASANT LANES/CHUCK E CH $597.93 CARDMEMBER SERVICE DECATUR CHILDREN'S MUSEUM $207.00 CARDMEMBER SERVICE PEORIA PALACE SKATING $603.50 CARDMEMBER SERVICE PEORIA PALACE SKATING $648.00 CARDMEMBER SERVICE JILLIAN'S SPORTS GRILLE $283.25 CARDMEMBER SERVICE OSF MARKET PLACE $8.72 CARDMEMBER SERVICE RIVERPLEX $186.00 CARDMEMBER SERVICE RAGING WAVES $543.46 CARDMEMBER SERVICE PHEASANT LANES $180.00 CARDMEMBER SERVICE STARPLEX $414.00 CARDMEMBER SERVICE STARPLEX $342.00 CARDMEMBER SERVICE JBC $100.00 ECOLOGY ACTION CENTER ECO CAMP/PARKS $1,050.00 DEHM BUS SERVICE CHARTER SVC- CGO/WRIGLEY $1,100.00 PEKIN PARK DISTRICT GOLF,WTR PARK-ADMISSIONS $400.00 PEKIN PARK DISTRICT GOLF,WTR PARK-ADMISSIONS $400.00 PEKIN PARK DISTRICT GOLF,WTR PARK-ADMISSIONS $68.00 FON DU LAC PARK DISTRICT FV/DSA DAY CAMPS $106.00 FON DU LAC PARK DISTRICT FV/DSA DAY CAMPS $108.00 FON DU LAC PARK DISTRICT FV/DSA DAY CAMPS $119.00 AUGSPURGER, RONALD PERFORMANCE - AUG 27 $350.00 BURKE, SIMON PERFORMANCE - AUG 28 $350.00 FON DU LAC PARK DISTRICT FV/DSA DAY CAMP $194.00 CHAMPAIGN PARK DISTRICT POOL ADMISSIONS-DAY CAMP $360.00 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 12
Vendor Name Description Transaction Amount CHAMPAIGN PARK DISTRICT POOL ADMISSIONS-DAY CAMP $229.50 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $223.92 REGENT COMMUNICATIONS INCWBNQ- P/REC ADS:7/22-7/28 $520.00 PANTAGRAPH NATL TOURN, WRIGLEY FLD $143.76 CARDMEMBER SERVICE UPS STORE $66.90 CARDMEMBER SERVICE POSTAGE $24.10 WEAVER'S RENT-ALL KARAOKE RENTAL $27.50 WEAVER'S RENT-ALL KARAOKE RENTAL $27.50 MCLEAN COUNTY UNIT DISTRICPOOL USAGE-DAY CAMP $648.00 MCLEAN COUNTY UNIT DISTRICPOOL USAGE: JUNE,2011 $972.00 INTERSTATE ALL BATTERY CEN 24PK AA BATTERIES- #9413 $29.95 INTERSTATE ALL BATTERY CEN BATTERIES-P/REC #9413 $31.97 INTERSTATE ALL BATTERY CEN ALKALINE PWRVOLTS-#9413 $24.97 INTERSTATE ALL BATTERY CEN BATTERIES - P/REC 9413 $55.80 CARDMEMBER SERVICE HUCK'S $76.83 CARDMEMBER SERVICE DAY CAMP SUPPLIES $43.62 CARDMEMBER SERVICE WALGREENS $9.92 CARDMEMBER SERVICE COSI $77.94 CARDMEMBER SERVICE KROGER $161.47 CARDMEMBER SERVICE KROGER $107.81 CARDMEMBER SERVICE JIMMY JOHN'S $54.03 CARDMEMBER SERVICE JEWEL $5.62 CARDMEMBER SERVICE WALGREENS $24.98 CARDMEMBER SERVICE FAMILY VIDEO $12.20 CARDMEMBER SERVICE PANERA $39.21 SUMMER THEATER SUPPORTER REIMB- THEATER EXPENSE $528.43 SUMMER THEATER SUPPORTER REIMB- THEATER EXPENSES $524.16 HANSON'S CLEANERS COSTUMES CLEANED $27.80 MENARDS SUPPLIES - PARKS/REC $62.28 WALMART COMMUNITY BRC SUPPLIES $101.26 WALMART COMMUNITY BRC SUPPLIES $72.25 WALMART COMMUNITY BRC SUPPLIES $24.06 WALMART COMMUNITY BRC SUPPLIES $82.24 WALMART COMMUNITY BRC SUPPLIES $44.97 WALMART COMMUNITY BRC SUPPLIES $3.68 WALMART COMMUNITY BRC SUPPLIES $42.82 WALMART COMMUNITY BRC SUPPLIES $39.97 General Fund Parks & Recreation Recreation/Youth Programs Total $25,349.03 General Fund Parks & Recreation Aquatics JEFF ELLIS & ASSOCIATES INC AQUATIC SAFETY AUDIT $412.50 JEFF ELLIS & ASSOCIATES INC AQUATIC SAFETY AUDIT $412.50 RANEY TERMITE CONTROL INC MO/SVC- ANDERSON & FV $26.00 RANEY TERMITE CONTROL INC MO/SVC- ANDERSON & FV $31.25 MCLEAN COUNTY UNIT DISTRICPOOL USAGE-DAY CAMP $351.00 MCLEAN COUNTY UNIT DISTRICPOOL USAGE: JUNE,2011 $1,458.00 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $6,073.11 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $4,918.50 NICOR GAS FV POOL $1,875.01 NICOR GAS FV CONCESS. $653.75 ACE HARDWARE SUPPLIES- PARKS/REC $12.87 LIQUI-SYSTEMS INC POLY TUBING $125.00 LIQUI-SYSTEMS INC POLY TUBING $12.63 MENARDS SUPPLIES - PARKS/REC $24.84 INTERSTATE ALL BATTERY CEN 3V BATTERY -- #9413 $8.58 JOHNSTONE SUPPLY EXHAUST FAN BELT-(FFAC) $4.30 MEILNER MECHANICAL SALES ITEMP/AIR-SENSOR ELEMENT $66.21 GREAT PLAINS MEDIA WIBL- AQUATICS ADS $482.00 GREAT PLAINS MEDIA WIBL- AQUATICS ADS $482.00 CARDMEMBER SERVICE GO GO PIZZA $35.00 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 13
Vendor Name Description Transaction Amount CARDMEMBER SERVICE SUPPLIES $526.20 CARDMEMBER SERVICE MICROWAVE GLASS $51.75 CARDMEMBER SERVICE OFFICE DEPOT $69.99 CARDMEMBER SERVICE FACTORY CARD OUTLET $91.74 DENNY'S DOUGHNUTS & BAKERBAKERY ITEMS- P/R EVENTS $82.00 ORIENTAL TRADING COMPANY IAQUATIC SUPPLIES $236.32 MILLER JANITOR SUPPLY TP, LINERS- 16NPRAP $72.44 MILLER JANITOR SUPPLY HAND CLEANER - 16NPRFP $53.80 MILLER JANITOR SUPPLY T PAPER- 16NPRFP $73.54 MILLER JANITOR SUPPLY GARBAGE LINERS- 16NPRFP $107.01 MILLER JANITOR SUPPLY DEGREASER - 16NPRFP $50.00 ACE HARDWARE SUPPLIES- PARKS/REC $13.98 ACE HARDWARE SUPPLIES- PARKS/REC $13.57 GETZ FIRE EQUIPMENT MEDICAL SUPPLIES- FV POOL $78.95 WALMART COMMUNITY BRC SUPPLIES $24.30 WALMART COMMUNITY BRC SUPPLIES $101.19 WALMART COMMUNITY BRC SUPPLIES $34.90 WALMART COMMUNITY BRC SUPPLIES $34.91 WALMART COMMUNITY BRC SUPPLIES $18.00 WALMART COMMUNITY BRC SUPPLIES $84.75 WALMART COMMUNITY BRC SUPPLIES $82.60 WALMART COMMUNITY BRC SUPPLIES $42.80 WALMART COMMUNITY BRC SUPPLIES $34.73 UNIVAR USA INC HYDROCHLORIC ACID- AAC $160.04 UNIVAR USA INC HYDROCHLORIC ACID- AAC $40.00 UNIVAR USA INC HYDROCHLORIC ACID- FV $368.09 UNIVAR USA INC SODIUM HYPOCHLORITE- FV $40.00 UNIVAR USA INC SODIUM HYPOCHLORITE- FV $1,672.00 UNIVAR USA INC HYDROCHL ACID - ANDERSON $256.06 UNIVAR USA INC HYDROCHL ACID - ANDERSON $40.00 UNIVAR USA INC HYDROCL ACID- FV POOL $272.07 UNIVAR USA INC HYDROCL ACID- FV POOL $40.00 UNIVAR USA INC POOL CHEMICALS- ANDERSON $1,592.00 BRENNTAG MID-SOUTH INC SOD BICARBONATE- 611 ANX $763.75 BRENNTAG MID-SOUTH INC SOD BICARBONATE- 611 ANX $763.75 General Fund Parks & Recreation Aquatics Total $25,452.28 General Fund Parks & Recreation Parks Maintenance WEST SIDE CLOTHING CLOTHING - PARKS/REC $246.40 TWIN CITY ELECTRIC ELECTRICAL REPAIR $81.00 R S MASONRY INC COLUMNS- SHEPARD PARK $3,000.00 TRUGREEN CHEMLAWN LAWN SVC- 503 E COLLEGE $425.00 H & H INDUSTRIES INC SPARE BULBS $599.90 TWIN CITY ELECTRIC EMERGENCY REPAIR-CHAMPFLD $2,345.16 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $558.83 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $380.75 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $90.51 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $592.39 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $104.55 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $23.32 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $106.43 CORN BELT ENERGY CORP SHED @ CHAMPION $53.40 CORN BELT ENERGY CORP SHEPARD PK $238.01 CORN BELT ENERGY CORP MXWELL W. CONCESS $3,733.45 CORN BELT ENERGY CORP MXWELL FLD1-4 $4,754.48 CORN BELT ENERGY CORP IRNWD BB DIAM $245.44 CORN BELT ENERGY CORP MAX.S.CONCESS $270.60 CORN BELT ENERGY CORP MAXWELL S. BALL S $140.23 CORN BELT ENERGY CORP MAXWELL PK SHELT. $99.72 CORN BELT ENERGY CORP MAXWELL PK TENNIS $117.39 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 14
Vendor Name Description Transaction Amount CORN BELT ENERGY CORP SAFETY TOWN $20.52 CORN BELT ENERGY CORP SIGN W. COLLEGE $23.28 CORN BELT ENERGY CORP HORSESHOE PIT $22.35 CORN BELT ENERGY CORP SIGN-IRNWD PK $30.21 CARDMEMBER SERVICE SUPPLIES $14.07 CARDMEMBER SERVICE TRACTOR SUPPLY $60.42 ACE HARDWARE SUPPLIES- PARKS/REC $208.98 ACE HARDWARE SUPPLIES- PARKS/REC $74.92 WATER PRODUCTS CO OF ILLINOCOPPER TUBE, CURB BOX $535.86 MCLEAN COUNTY MATERIALS C PEA GRAVEL, #8 STONE $964.38 CRESCENT ELECTRIC SUPPLY C ELECTRICAL SUPPLIES $23.07 CRESCENT ELECTRIC SUPPLY C ELECTRICAL SUPPLIES $9.88 BRADFORD SUPPLY CO PVC PARTS, CEMENT OATEY $74.93 EVERGREEN FS INC. FERTILIZER -- #4675450 $474.00 BRADFORD SUPPLY CO PVC COUPLE FLOSPAN $95.56 SHERWIN-WILLIAMS CO PAINT SUPPLIES $38.46 MENARDS SUPPLIES - PARKS/REC $222.17 MENARDS SUPPLIES - PARKS/REC $173.43 MENARDS SUPPLIES - PARKS/REC $142.11 MENARDS SUPPLIES - PARKS/REC $202.43 PARTS DEPOT ROTARY START SWITCH,CLIP $52.17 EVERGREEN FS INC. FERTILIZER $3,318.00 CRESCENT ELECTRIC SUPPLY C ELECTRICAL $57.28 CRESCENT ELECTRIC SUPPLY C WIRE, PHOTO CONTROL $169.65 JOHN DEERE LANDSCAPES INC CREDIT - NOZZLE, COUPLER ($157.21) CARDMEMBER SERVICE KING CANOPY $19.00 CARDMEMBER SERVICE MAXWELL SOUTH SCOREBOARDS $1,173.26 MIDWEST EQUIPMENT II NO SPILL $44.64 MIDWEST EQUIPMENT II FILLER CAP $4.59 MIDWEST EQUIPMENT II TRIMMER STRING $72.78 MIDWEST EQUIPMENT II BAR/CHAIN, PACIFIX GLASS $82.64 ADVANCE AUTO PARTS AUTO SUPPLIES - P/REC $74.14 GAME TIME FIBAR $4,240.00 GAME TIME FIBAR $840.00 DON OWEN TIRE SERVICE FRONT END ALIGNMNT- R25 $44.95 MARTIN BROTHERS OIL FILTERS $13.98 MARTIN BROTHERS REPAIR DASH PANEL, PARTS $430.10 GAME TIME CHAIN PLUG INSERT $28.74 GAME TIME CHAIN PLUG INSERT $15.75 MORRIS AVENUE GARAGE 5- TRUCK TESTS $100.00 MENARDS SUPPLIES - PARKS/REC $96.32 JOPAC COMPANIES PART - R66 $5.59 JOHN DEERE LANDSCAPES INC SOLENOID ASSY, COUPLER $317.80 JOHN DEERE LANDSCAPES INC VLVE PLSTC RAINBIR,ADAPTR $114.26 DON OWEN TIRE SERVICE TIRE REPAIR SUPPLIES $56.48 MIDWEST EQUIPMENT II SPARK PLUG BOOT $2.75 NORD OUTDOOR POWER CORP TIRE/LABOR-HR DECK $102.45 SUNRISE ENVIRNONMENTAL VULCAN QUARTS $76.52 ILLINOIS PORTABLE TOILETS SERVICE: AUG/8-SEP/7 $2,825.00 WEAVER'S RENT-ALL TRENCHER $385.13 WEAVER'S RENT-ALL BRICK SAW $70.45 WEAVER'S RENT-ALL TRENCHER, TRAILER $220.00 WEAVER'S RENT-ALL WEED MOWER $58.13 MILLER JANITOR SUPPLY P/TOWELS- 16NPRMC $54.02 ILLINOIS STANDARD PARTS INC STRAPS, TIES, DRILL BITS, $91.01 MILLER JANITOR SUPPLY GARBAGE LINERS-16NPR00 $51.94 CARDMEMBER SERVICE SUPPLIES $279.14 MILLER JANITOR SUPPLY HND CLNR, LINERS- 16NPR00 $275.07 HOME DEPOT CREDIT SERVICESSUPPLIES - PARKS/REC $153.40 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 15
Vendor Name Description Transaction Amount ACE HARDWARE SUPPLIES- PARKS/REC $238.99 ACE HARDWARE SUPPLIES- PARKS/REC $150.39 ACE HARDWARE SUPPLIES- PARKS/REC $20.58 ACE HARDWARE SUPPLIES- PARKS/REC $119.96 ILLINOIS STANDARD PARTS INC TAPE, BOLTS, DRILL BIT $29.46 ILLINOIS STANDARD PARTS INC PAINT, CHEM, BLK TIES, $91.84 LAWSON PRODUCTS INC WASP KILL $118.56 LAWSON PRODUCTS INC WASP KILL $16.17 LAWSON PRODUCTS INC CLNRS, AIR FRESH, WASPKIL $340.19 H & H INDUSTRIES INC SAFETY GLASSES, GLOVES $70.23 EVERGREEN FS INC. EROSION CNTRL- #4675450 $33.00 MCLEAN COUNTY MATERIALS C #8 STONE $1,404.82 EVERGREEN FS INC. TEMPO SC ULTRA $78.00 HELENA CHEMICAL CO GREEN CLEAN $129.60 FUTURE PRO, INC TENNIS NETS, STRAPS $35.00 FUTURE PRO, INC TENNIS NETS, STRAPS $290.00 FASTENAL COMPANY TAPER SAW $4.40 MENARDS SUPPLIES - PARKS/REC $269.52 MENARDS SUPPLIES - PARKS/REC $82.98 MENARDS SUPPLIES - PARKS/REC $365.93 ILLINOIS STANDARD PARTS INC PAINT, BLK TIES, SCREWS $134.94 ILLINOIS STANDARD PARTS INC BOLTS, TAPE, STRAP,CLAMPS $96.60 MILLER JANITOR SUPPLY FRESHNER, BOWL CLNR-16NPR $149.40 MCLEAN COUNTY MATERIALS C #8 STONE $547.00 CORN BELT ENERGY CORP CONCESS.@ CHAMPION $75.40 EVERGREEN FS INC. KEROSENE -- #4675450 $68.92 EVERGREEN FS INC. DIESEL FUEL/PARKS $1,104.17 ACE HARDWARE SUPPLIES- PARKS/REC $6.49 CARDMEMBER SERVICE SUPPLIES $533.85 CARDMEMBER SERVICE NORTHERN TOOL $258.64 BRUCE JENSEN TREE REFUND $60.00 EVERGREEN FS INC. ROUNDUP PRO CONCENTRATE $274.98 WENDELL NIEPAGEN GREENHOPLANTS,ANNUALS-IRNWD $129.02 ACE HARDWARE SUPPLIES- PARKS/REC $68.75 ACE HARDWARE SUPPLIES- PARKS/REC $32.47 HELENA CHEMICAL CO GREEN CLEAN PRO $129.60 EVERGREEN FS INC. GRASS MIX, ROUNDUP PRO $648.00 OWEN NURSERY & FLORIST LIROPE $50.40 JOHN DEERE LANDSCAPES INC VALVE PLASTIC RAINBIR $114.07 General Fund Parks & Recreation Parks Maintenance Total $45,850.23 General Fund Parks & Recreation Tournament MINERVA SPORTSWEAR ASA-NATL STAFF POLOS $1,266.00 MINERVA SPORTSWEAR ASA STAFF POLO $21.50 MINERVA SPORTSWEAR ASA TOUR-STAFF POLOS $82.50 CARDMEMBER SERVICE COURTYARD BY MARRIOTT-UMP $1,087.88 ASA 2011 GIRL'S NATL TOURN $49,100.00 CATCHING DESIGN 2011 ASA TOURN PROGRAM $1,200.00 RECORD A HIT INC FLIP BOOK COVERS- FFAC $1,200.00 KAUTH, WILLIAM SPORTS MEDICINE CARE $2,500.00 B&J ELECTRIC INC GENERATOR RENTAL $3,800.56 ILLINOIS ASA NAT'L TEAM REGISTR-103 $2,575.00 PANTAGRAPH NATL TOURN, WRIGLEY FLD $490.00 STARNET DIGITAL PUBLISHING 60 UMPIRE CD'S/ASA TOURN $390.00 CARDMEMBER SERVICE RENT-A-CENTER TOURNAMENT $769.82 BLOOMINGTON TENT & AWNINGTENT RENTAL-ASA TOURN $2,904.00 PRAIRIELAND GOLF CARS LLC CART RENTAL- NAT'L TOURN $8,505.00 PRAIRIELAND GOLF CARS LLC CART RENTAL-TO 8/9 $2,000.00 MODSPACE UNITS LEASED-SFTBL CMPLX $1,325.00 CARDMEMBER SERVICE TOURNAMENT LANYARDS $3,205.19 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 16
Vendor Name Description Transaction Amount CARDMEMBER SERVICE TOURN FOOD $132.48 GDS PROFESSIONAL BUSINESS DASA SFTBALL TOURN BOARDS $2,468.00 EVERGREEN FS INC. DIESELEX (#4675450) $156.74 CARDMEMBER SERVICE FAST SIGNS $42.00 CARDMEMBER SERVICE OFFICE DEPOT $47.98 CARDMEMBER SERVICE WHOLESALE FOLDING TABLES/ $425.00 EVERGREEN FS INC. FUEL FOR GENERATER $446.90 EVERGREEN FS INC. FUEL FOR GENERATER $358.51 EVERGREEN FS INC. FUEL FOR GENERATER $145.12 EVERGREEN FS INC. FUEL FOR GENERATER $284.40 KOLDAIRE EQUIPMENT COMPANPAPER CONE CUPS $258.53 ACE HARDWARE SUPPLIES- PARKS/REC $130.95 D P DOUGH ASA SFTBALL TOURNAMENT $904.00 PANTAGRAPH NATL TOURN, WRIGLEY FLD $335.00 EVERGREEN FS INC. DIESELEX $222.88 POTBELLY SANDWICH WORKS LUNCHES - ASA TOURNAMENT $819.00 FASTENAL COMPANY COIL CHAIN, ROPE $311.88 TWIN CITY ELECTRIC TRAILER ELEC- TOURN/CHAMP $648.00 MINERVA SPORTSWEAR ASA TOUR-STAFF POLOS $46.50 REDBIRD CATERING INC NAT'L TOURN - AUG,2011 $3,202.75 REDBIRD CATERING INC TOURN MEETING (6/30) $209.00 HOME CITY ICE COMPANY BAGGED ICE $227.50 WALMART COMMUNITY BRC SUPPLIES $577.02 WALMART COMMUNITY BRC SUPPLIES $98.74 WALMART COMMUNITY BRC SUPPLIES $367.69 WALMART COMMUNITY BRC SUPPLIES $238.32 General Fund Parks & Recreation Tournament Total $95,527.34 General Fund Concessions Golf Course WALMART COMMUNITY BRC SUPPLIES $90.56 RA-JAC DISTRIBUTING BEER ORDER - IRNWD/20751 $67.80 RA-JAC DISTRIBUTING BEER ORDER - IRNWD/20751 $79.80 DENNY'S DOUGHNUTS & BAKERBAKERY- IRNWD CONCESSIONS $159.00 PEPSI COLA GENERAL BOTTLERSODA,CUPS- IRNWD/#9133421 $664.66 RA-JAC DISTRIBUTING BEER ORDER - IRNWD/20751 $107.70 CITY BEVERAGE LLC CREDIT -- IRNWD/#B0653 ($85.20) CITY BEVERAGE LLC BEER ORDER - IRNWD/B0653 $173.70 WALMART COMMUNITY BRC SUPPLIES $347.73 WALMART COMMUNITY BRC SUPPLIES $933.49 General Fund Concessions Golf Course Total $2,539.24 General Fund Concessions Recreation RANEY TERMITE CONTROL INC MONTHLY PEST CONTROL/MAXW $70.75 COLLEGE HILLS MEAT SHOP CHOPS - CONCESSIONS $136.83 GOLD MEDAL- CHICAGO CONCESSIONS - CHAMP EAST $288.11 GOLD MEDAL- CHICAGO CONCESSIONS - CHAMP WEST $288.11 KOLDAIRE EQUIPMENT COMPANNAPKINS,THERMOMETER,TONGS $211.67 WALMART COMMUNITY BRC SUPPLIES $80.00 WALMART COMMUNITY BRC SUPPLIES $433.56 PEPSI COLA GENERAL BOTTLERSODA,CUPS-MAXWELL/9144832 $908.96 PEPSI COLA GENERAL BOTTLERSODA- MAXWELL/ #9144832 $867.24 PEPSI COLA GENERAL BOTTLERCREDIT - MAXWELL/9144832 ($297.28) PEPSI COLA GENERAL BOTTLERCREDIT - MAXWELL/9144832 ($2,114.02) PEPSI COLA GENERAL BOTTLERCREDIT - MAXWELL/9144832 ($1,064.64) PEPSI COLA GENERAL BOTTLERSODA- MAXWELL/#9144832 $2,923.28 General Fund Concessions Recreation Total $2,732.57 General Fund Concessions Aquatics GOLD MEDAL- CHICAGO CONCESSIONS - FV POOL $851.22 GOLD MEDAL- CHICAGO CONCESSIONS - FV POOL $931.05 PAPA MURPHYS TAKE N BAKE P PIZZA - FV $20.00 PAPA MURPHYS TAKE N BAKE P PIZZA - FV CONCESSIONS $224.70 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 17
Vendor Name Description Transaction Amount PAPA MURPHYS TAKE N BAKE P PIZZA - FV CONCESSIONS $222.25 PAPA MURPHYS TAKE N BAKE P PIZZA - FV CONCESSIONS $374.50 PAPA MURPHYS TAKE N BAKE P PIZZA - FV CONCESSIONS $187.25 PEPSI COLA GENERAL BOTTLERSODA,CUPS- FFAC/#9145999 $647.34 PEPSI COLA GENERAL BOTTLERSODA - FFAC / #9145999 $121.34 WALMART COMMUNITY BRC SUPPLIES $578.81 GOLD MEDAL- CHICAGO CONCESSION ITEMS FV $1,529.49 General Fund Concessions Aquatics Total $5,687.95 General Fund $597,773.79 Motor Fuel Tax Fund Public Works Motor Fuel Tax CLARK DIETZ INC VERNON AVE BRIDGE: JU/JUL $187.50 FARNSWORTH GROUP BROADWAY BRIDGE-TO JUL29 $1,000.50 Motor Fuel Tax Fund Public Works Motor Fuel Tax Total $1,188.00 Motor Fuel Tax Fund $1,188.00 Community Development Fd Community Development Administration CARDMEMBER SERVICE HUD MAILING $27.13 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $157.70 UNIVERSITY OF ILLINOIS UNITY CNTR POOL SVC-JULY $1,931.26 ADAM M HOSPELHORN DP 1206-256 $3,000.00 Community Development Fd Community Development Administration Total $5,116.09 Community Development Fd $5,116.09 Park Land Dedication Fund Parks & Recreation Park Land Dedication MCLEAN COUNTY CONCRETE CONCRETE- SHEPARD PARK $415.00 AMCO FENCE COMPANY INC FENCE MATERIAL $5,375.00 R S MASONRY INC BLOCK COLUMNS-SHEPARD PRK $5,000.00 Park Land Dedication Fund Parks & Recreation Park Land Dedication Total $10,790.00 Park Land Dedication Fund $10,790.00 Capital Investment Fund Other-Capital Investment Capital Investment DAVE CAPODICE DEMOLITION SERVICES $50,330.00 GDS PROFESSIONAL BUSINESS DVINYL BANNERS (UPTWN) $1,995.00 MCLEAN COUNTY CONCRETE CONCRETE - SHEPARD PARK $2,176.13 KELLEY & SONS BULLDOZING INDRAINAGE REPAIR- SHEPARD $6,400.00 BROWN TRAFFIC PRODUCTS INCPOLE MOUNT, HOUSING $3,580.00 CRESCENT ELECTRIC SUPPLY C WIRE, SPLICE KIT $300.48 HOME DEPOT CREDIT SERVICESSUPPLIES - PARKS/REC $81.42 MENARDS SUPPLIES - PARKS/REC $70.20 Capital Investment Fund Other-Capital Investment Capital Investment Total $64,933.23 Capital Investment Fund $64,933.23 Multimodal Center Federal Grants TIGER IL-78-0001 COTTER CONSULTING INC MMTC - JULY,2011 $31,106.17 RATIO ARCHITECTS INC MMTC - JULY, 2011 $31,257.61 RIVER CITY CONSTRUCTION LLCMMTC FOR JULY,2011 $1,739,051.81 Multimodal Center Federal Grants TIGER IL-78-0001 Total$1,801,415.59 Multimodal Center Other-Capital Investment Junction Center RATIO ARCHITECTS INC MMTC - JULY, 2011 $6,450.00 Multimodal Center Other-Capital Investment Junction Center Total $6,450.00 Multimodal Center $1,807,865.59 Uptown Roads Other-Capital Investment Roads & Storm Sewers HOERR SCHAUDT LANDSCAPE ASERVICE RE: MMTC $318.61 HOERR SCHAUDT LANDSCAPE ASERVICE RE: ROUNDABOUT $2,666.70 CLARK DIETZ INC UPTOWN PLAN REVIEW:JUL/29 $5,425.00 HOERR SCHAUDT LANDSCAPE ASVC/REIMB-MULTI MODALCNTR $193.60 HOERR SCHAUDT LANDSCAPE ASVC/REIMB- ROUNDABOUT $5,855.24 Uptown Roads Other-Capital Investment Roads & Storm Sewers Total $14,459.15 Uptown Roads $14,459.15 Uptown Program/Planning Other-Capital Investment Consultants/Studies/Misc Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 18
Vendor Name Description Transaction Amount COPY SHOP SPEC BOOKS, COPIES $283.04 ANDERSON ELECTRIC INC REPLACE SUMP PUMP- 1 MAIN $304.36 COPY SHOP BOND, XEROX, SCANS $62.15 LAESCH ELECTRIC INC REPAIR UPTWN RECEPTACLES $1,427.95 MCKEE ENVIRONMENTAL INC 102 BROADWAY-INSPECTION $425.00 Program/Planning Other-Capital Investment Consultants/Studies/Misc Total $2,502.50 Uptown Program/Planning $2,502.50 2009A Bond Fund Finance Financial Services U.S. BANK G.O.BOND SERIES- 2009A $750.00 2009A Bond Fund Finance Financial Services Total $750.00 2009A Bond Fund $750.00 Water Fund WATER PRODUCTS CO OF ILLINO6" HYDRA STOP $7,680.00 WATER PRODUCTS CO OF ILLINO3/4" STR MTR CONN $467.00 WATER PRODUCTS CO OF ILLINOFIRE HYDRANT - STEAMER $1,610.00 WATER PRODUCTS CO OF ILLINO4'MEDALLION, MEGAL LUGS $1,536.00 WATER PRODUCTS CO OF ILLINOCOPPER TUBING $2,390.40 ZANGERLE, KAREN 24 NORBLOOM REFUND $29.45 TOWN OF NORMAL 602 HESTER REFUND $7.97 GARDNER, JEANETTE 1703 LINDA REFUND $14.41 EVANS, JEREMY 800 SAMANTHA REFUND $30.36 WILLAN, EDWARD 109 E POPLAR REFUND $3.99 SARTORIS, VINCE & MARY ANN 408 MILES LN REFUND $29.29 WAL-MART 302 GREENBRIAR DR REFUND $26.68 EVANS, JEREMY 920 HOVEY REFUND $13.80 NEMILAKONDA, ADINARAYANA 3221 TOPAZ REFUND $7.89 KALLAMBELLA, AJITH 2938 BLUE HERON REFUND $334.16 Water Fund Total $14,181.40 Water Fund Water Administration NEXTEL COMMUNICATIONS SERVICE: 7/21-8/20 $66.00 VERIZON WIRELESS - PA ACCT 980315707-00001 $262.99 SERVICE ENVELOPE CORP #9 - ENVELOPES $599.95 UNITED STATES POSTAL SERVICRENEW PERMIT 83 $190.00 IL POTABLE WATER SUPPLY ALWARD - IPWSOA CONFERENC $165.00 IL POTABLE WATER SUPPLY IPWSOA CONFERENCE - STEVE $165.00 OFFICE DEPOT INC KLEENEX TISSUE $17.70 OFFICE DEPOT INC RUBBING ALCOHOL $5.78 OFFICE DEPOT INC MARKERS $14.70 Water Fund Water Administration Total $1,487.12 Water Fund Water Distribution WEST SIDE CLOTHING JEANS - LUESCHEN/WTR $79.20 GETZ FIRE EQUIPMENT RESTOCK MEDICAL- WTR/DIST $68.05 GETZ FIRE EQUIPMENT MEDICAL SUPPLIES- WTR/TRT $68.65 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $412.80 MCLEAN COUNTY MATERIALS C TOP SOIL $375.70 BRATCHER HEATING & A/C BUILD DUCTWORK $247.35 ALTORFER INC BACKHOE BOOM REPAIR $2,143.01 PRAIRIE ARCHWAY INT'L TRUCKPULLEY - W14 $131.25 BENNINGTON TRUCK PARTS TAIL LIGHTS $33.90 SECTY OF STATE-MOTOR VEH D VEHICLE REGISTRATION FOR $105.00 NEXTEL COMMUNICATIONS SERVICE: 7/21-8/20 $935.00 IL POTABLE WATER SUPPLY ROBERT MILLER $75.00 PRAXAIR DISTRIBUTION INC CYLINDER RENTAL FOR WELDI $23.40 MENARDS DRILL HEX, CAULK, CRSSTEE $16.26 MENARDS 25# LANDSCAPE MIX $143.94 MENARDS HEX KEY SET, SOCKET SET $7.80 MENARDS CAULK, CROSS TEE'S $10.90 MENARDS DECK SCREWS, DRILL BITS $26.70 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 19
Vendor Name Description Transaction Amount MENARDS 2-CUP ALUM SCOOPS $9.98 WATER PRODUCTS CO OF ILLINO21" STAKES/FLAGS $540.00 WATER PRODUCTS CO OF ILLINO6X4 REDUCER, BORING FEE $266.00 WATER PRODUCTS CO OF ILLINO18" HYDRANT EXTENSION $469.80 WATER PRODUCTS CO OF ILLINO3/4" METER GASKETS $28.00 EVERGREEN FS INC. DELUXE SEED (#4675500) $92.50 CRESCENT ELECTRIC SUPPLY C 50W,120V WLPK LTG $129.58 CRESCENT ELECTRIC SUPPLY C GE MH LAMPS $44.38 ALEXANDER LUMBER COMPANYWOOD LATH (TOOFP00010) $15.00 WATER PRODUCTS CO OF ILLINOHYDRANT WRENCH $263.00 WATER PRODUCTS CO OF ILLINO4" GASKETS $96.00 LAWSON PRODUCTS INC STRIPE PAINT, SANITIZER, $466.77 LAWSON PRODUCTS INC STRIPE PAINT, SANITIZER, $132.48 LAWSON PRODUCTS INC STRIPE PAINT, SANITIZER, $29.47 MIDWEST CONSTRUCTION RENTSAFETY GLASSES $18.20 CRESCENT ELECTRIC SUPPLY C EMT-CONDUIT $19.21 MIDWEST CONSTRUCTION RENTSAFETY VEST $16.75 MIDWEST CONSTRUCTION RENTDRAIN SPADE $68.10 MIDWEST CONSTRUCTION RENTPAPER CONE CUPS $24.45 Robert Miller REIMBURSE R MILLER FOR DI $49.39 EVERGREEN FS INC. DIESEL FOR PINE ST TANK $1,557.16 Water Fund Water Distribution Total $9,240.13 Water Fund Water Treatment WEST SIDE CLOTHING RICE - JEANS (1) $30.00 PDC LABORATORIES INC FLUORIDE TEST $15.00 SOLARBEE INC SVC PROGRAM- 4 MACHINES $5,100.00 DAILY LABORATORIES DEIONIZED WATER TEST $125.00 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $26,806.65 NICOR GAS 1012 S ADELAIDE - JULY 20 $25.52 EVERGREEN FS INC. LP GAS - WELL 100 $381.61 EVERGREEN FS INC. LP GAS - WELL 101 $536.65 EVERGREEN FS INC. LP GAS - WELL 102 $591.92 EVERGREEN FS INC. FINANCE CHARGE-WTR DEPT $1.85 NICOR GAS WEST RESERVOIR - JULY 201 $36.19 CORN BELT ENERGY CORP RECORDING EQUIP WATER - J $21.83 CORN BELT ENERGY CORP HERSHEY RD BOOSTER PUMP - $899.28 CORN BELT ENERGY CORP PUMP STATION - JULY 2011 $1,803.76 MORRIS TICK COMPANY INC 6" PIPE- 1' $21.97 JOPAC COMPANIES CARTON #80 6' GRIT DISCS $88.02 KIRBY RISK ELECTRICAL SUPPLBUSHED NIPPLES - #1653 $11.01 SPRINGFIELD ELECTRIC CO ALUMINUM MECH LUG $39.06 SPRINGFIELD ELECTRIC CO 3PC COND CP $22.41 ALTORFER INC HOSE KIT, FAN BELT SET, $235.90 ALTORFER INC HOSE KIT, FAN BELT SET, $17.95 WATER PRODUCTS CO OF ILLINOCREDIT- STN FLANGE, FLGS ($19.36) WATER PRODUCTS CO OF ILLINOFLANGE GASKETS $18.90 SWECO MOTOR FOR GRIT REMOVER $1,999.00 SWECO MOTOR FOR GRIT REMOVER $97.50 WATER PRODUCTS CO OF ILLINO1/2" CRL VALVE $380.00 WATER PRODUCTS CO OF ILLINOSTONE FLANGE, FLNG GSKT $96.02 SIDENER ENVIRONMENTAL SERLMI PUMP SWITCH ASSEMBLY $140.00 SIDENER ENVIRONMENTAL SERLMI PUMP SWITCH ASSEMBLY $15.64 ROGERS SUPPLY COMPANY ELECTRONIC TEMP CONTROL $89.87 JOHNSTONE SUPPLY PIPE FITTINGS FOR BOILER $64.45 SECTY OF STATE-MOTOR VEH D VEHICLE REGISTRATION FOR $105.00 NEXTEL COMMUNICATIONS SERVICE: 7/21-8/20 $85.00 IL POTABLE WATER SUPPLY NAFZIGER - IPWSOA CONFERE $75.00 IL POTABLE WATER SUPPLY COWLES - IPWSOA CONFERENC $75.00 IL POTABLE WATER SUPPLY RICE - IPWSOA CONFERENCE $75.00 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 20
Vendor Name Description Transaction Amount IL POTABLE WATER SUPPLY SACRY - IPWSOA CONFERENCE $75.00 IL POTABLE WATER SUPPLY MSFADDEN - IPWSOA CONFERE $165.00 IL POTABLE WATER SUPPLY IPWSOA CONFERENCE - SUE S $100.00 MICKEY'S LINEN TWLS/SUPPLIES - #447401 $33.75 PRAXAIR DISTRIBUTION INC CYLINDER RENTAL FOR WELDI $23.40 MENARDS ENVIROTEX LITE $18.99 MENARDS 10' RIGID CONDUIT $36.60 MENARDS CART FILTER, FLTR/SLEEVE $14.16 MENARDS SOCKET SCREWS $1.10 MENARDS INSUL BUSHINGS, GRND BAR $37.33 MENARDS ANCHOR KITS, HOOKS,HANGER $14.30 MENARDS GRN / BLK STRAND $99.95 MENARDS CHEM GLOVE, PUTTY KNIVES $20.04 BATTERIES PLUS 12 LEAD $19.99 MENARDS PVC PARTS, DWV HANGERS, $117.82 HACH COMPANY CHEMICALS FOR WTP $114.05 MENARDS PLUMBING SUPPLIES $53.03 MENARDS 6" EXHAUST $8.98 MENARDS 1-HOLE STRAPS $3.57 MENARDS CONDUIT BODY, PVC PLUGS $26.59 ROCKFORD INDUSTRIAL WELDI WELDING ROD $5.59 FASTENAL COMPANY HARDWARE $132.86 FASTENAL COMPANY PARTS $3.65 MENARDS LIQ TIGHT, CABLE TIE $44.06 MENARDS HEX ARBOR $12.58 MENARDS GRIT, PRO-PACK $13.96 ROCKFORD INDUSTRIAL WELDI WELDING SUPPLIES $29.11 MCMASTER-CARR SUPPLY CO CABLE $231.75 HICKMAN,WILLIAMS & COMPAN24.89 TN LIME $3,268.80 HICKMAN,WILLIAMS & COMPAN25.27 TN LIME $3,318.71 HICKMAN,WILLIAMS & COMPAN25.27 TN LIME $3,318.71 HICKMAN,WILLIAMS & COMPAN25.38 TN LIME $3,333.16 HICKMAN,WILLIAMS & COMPAN26.52 TN LIME $3,482.87 JCI JONES CHEMICALS INC CHLORINE $1,548.00 HICKMAN,WILLIAMS & COMPAN25.17 TN LIME $3,305.58 HICKMAN,WILLIAMS & COMPAN25.15 TN LIME $3,302.95 HICKMAN,WILLIAMS & COMPAN26.48 TN LIME $3,477.62 PRISTINE WATER SOLUTIONS AQUADENE $1,014.75 PRISTINE WATER SOLUTIONS PHI (WTR TRTMNT) $3,580.50 Water Fund Water Treatment Total $74,517.46 Water Fund $99,426.11 Water Capital Investment Water Capital Investment CLARK DIETZ INC REPL WELL #18 DESIGN $8,027.87 BOWEN ENGINEERING CORP CLEARWELL PROJ-JULY SVC $22,681.97 CLARK DIETZ INC MAIN ST-WTRMAIN REPL $7,349.18 CLARK DIETZ INC GREGORY ST- WTRMAIN REPL $80.69 CLARK DIETZ INC GREGORY ST- WTR MAIN $2,519.57 CLARK DIETZ INC CHERRY/GRNDVW-CONSTRUCTN $225.00 WATER PRODUCTS CO OF ILLINO6" HYDRANT EXTENSION $370.00 GEORGE GILDNER CO GREGORY ST-WTRMAIN REPL $244,660.05 Water Capital Investment Water Capital Investment Total$285,914.33 Water Capital Investment $285,914.33 Sewer Fund Sewer Capital Investment CLARK DIETZ INC ARC FLASH STUDY- PUMP/STA $540.00 CLARK DIETZ INC MERCY CREEK LIFT STATION $12,590.03 Sewer Fund Sewer Capital Investment Total $13,130.03 Sewer Fund Sewer Administration SELECT SCREENPRINTS INC POLOS - PUB WKS $96.00 Town of Normal Expenditures to be Approved for Payment as of: August 31, 2011 Page 21
Vendor Name Description Transaction Amount WEST SIDE CLOTHING CLOTHING - PUB WKS $122.40 B-N WATER RECLAMATION DISTCONNECTION PERMIT- PWBLDG $12,418.00 AMEREN ENERGY MARKETING ENERGY,MISO,RPS,DELIVERY $552.40 CORN BELT ENERGY CORP SEWAGE PUMP STATIONS $2,553.09 ZIEBART RHINO LINER (FORD F150) $530.00 ALLCOM PRODUCTS ILLINOIS LLSURGE ARRESTOR (3) $177.62 MORRIS AVENUE GARAGE TRUCK TESTS -- PUB WKS $80.00 E J EQUIPMENT INC CAP SCREWS, FREIGHT $56.57 NEXTEL COMMUNICATIONS SERVICE: 7/21-8/20 $425.00 MENARDS 4" AIR GUN, COUPLER $4.87 CARDMEMBER SERVICE THE GREAT ESCAPE UPTOWN W $159.98 WEAVER'S RENT-ALL POST HOLE AUGER $44.00 MIDWEST CONSTRUCTION RENTHAMMER DRILL, BIT $33.50 MENARDS PVC PIPE,ELBOWS, MORTAR $21.94 MIDWEST CONSTRUCTION RENTAIR FILTER KIT $29.70 MIDWEST CONSTRUCTION RENT16" DIAMOND BLADE $195.00 MCLEAN COUNTY CONCRETE CONCRETE - PIPELINE RD $166.00 CREATIVE METAL WORKS INC UPTOWN FOUNTAIN SCREEN $80.00 MENARDS EMT CONDUIT $6.68 MENARDS EMT CONDUIT (EXCHNG) $2.96 FASTENAL COMPANY S/S SCREWS $1.16 ADVANCE AUTO PARTS BED ARMOR AERO $23.98 ADVANCE AUTO PARTS SWITCH W/LENS, ROCKER SW $24.96 ADVANCE AUTO PARTS ADHESIVE SEALANT $14.79 MCLEAN COUNTY CONCRETE CONCRETE- SCHOOL, HOVEY $638.47 MCLEAN COUNTY CONCRETE CONCRETE - HOVEY $166.00 MCLEAN COUNTY CONCRETE CONCRETE - IRONWOOD $207.50 MIDWEST EQUIPMENT II SAW,TRIMMER-PARTS,REPAIR $55.23 WATER PRODUCTS CO OF ILLINOFRAMES,GRATES, CURB BOX $1,960.40 MCLEAN COUNTY CONCRETE CONCRETE - PIPELINE/NBRDG $440.00 Sewer Fund Sewer Administration Total $21,288.20 Sewer Fund $34,418.23 Water Replacement Fund Water Administration MORROW BROTHERS FORD INC 2011 FORD- VIN BKD79917 $21,375.00 MORROW BROTHERS FORD INC 2011 FORD- VINBKD92652 $6,175.00 MORROW BROTHERS FORD INC 2011 FORD- VINBKD92652 $14,990.00 Water Replacement Fund Water Administration Total $42,540.00 Water Replacement Fund $42,540.00 Health & Dental Ins Fund Administration - City Mgr Health Insurance VSP PLAN SVC - SEPT,2011 $2,314.43 ADVOCATE BROMENN MEDICAL DIABETES ED PROGRAM $320.00 Health & Dental Ins Fund Administration - City Mgr Health Insurance Total $2,634.43 Health & Dental Ins Fund $2,634.43 Police Pension Fund Police Police Pension STEPHEN GRANT POLICE PENSION REFUND $73.44 Police Pension Fund Police Police Pension Total $73.44 Police Pension Fund $73.44 Gen Veh Replacement Fund Inspections Administration MORROW BROTHERS FORD INC 2010 FORD F150 4X2 $15,905.00 Gen Veh Replacement Fund Inspections Administration Total $15,905.00 Gen Veh Replacement Fund Police Administration WHOLESALE DIRECT INC CORNER STROBE KITS $294.13 RAY O'HERRON CO INC LED LIGHTS, FLASHERS $1,343.90 WRIGHT AUTOMOTIVE INC '11 DODGE GR/CARA WAGON $19,291.00 Gen Veh Replacement Fund Police Administration Total $20,929.03 Gen Veh Replacement Fund $36,834.03 Grand Total $3,007,218.92 TOWN COUNCIL ACTION REPORT
September 1, 2011
Motion to Accept Bids for the FY 2011-12 Miscellaneous Sidewalk Improvements - 50/50 Sidewalk and ADA Ramps Project and Award a Contract to WASCON Co., of Hammond, IL, in the Amount of $91,893.05
PREPARED BY: Gene Brown, City Engineer
REVIEWED BY: Mark R. Peterson, City Manager Geoff Fruin, Assistant City Manager
BUDGET IMPACT: Funding in the amount $46,300 is available from line item 001- 7220-431.27-70 of the Public Benefit Fund. Other funding for work around the City Hall campus is available in line item 338- 9875-466.55-60 of the Uptown Capital Expenditures budget.
STAFF RECOMMENDATION: Approval
ATTACHMENTS: Bid Tabulation Locations of Proposed Work
BACKGROUND
This project includes the annual 50/50 sidewalk program, miscellaneous sidewalk repairs, construction of new sidewalks where none exist now, various ADA ramp improvements and removal and replacement of sections of sidewalk around the City Hall campus. Tables showing locations of proposed work are attached. This project includes approximately 10,000 square feet of sidewalk removal and replacement, 1,000 square feet of new sidewalk where sidewalk does not currently exist and construction of approximately eleven ADA ramps at various locations.
DISCUSSION/ANALYSIS
Bids for the FY 2011 - 2012 Miscellaneous Sidewalk Improvements– 50/50 Sidewalk and ADA Ramps were received, opened and read at 10:15 a.m. on Thursday, August 18, 2011.
A summary of the bids is shown below.
WASCON Co. $91,893.05 Hammond, IL
Felmley – Dickerson Co. $95,657.76 Bloomington, IL
TOWN COUNCIL ACTION REPORT
J.G. Stewart Contractors, Inc. $101,556.00 Bloomington, IL
Rowe Construction Co. $108,726.95 Bloomington, IL
Kinney Contractors, Inc. $134,990.00 Raymond, IL
Stark Excavating, Inc. $149,969.50 Bloomington, IL
Engineering has reviewed the bid documents and found them to be acceptable. The low bid is 29.3% under the engineer’s estimate of $130,019.50. Engineering recommends awarding a contract to WASCON Co. in the amount of $91,893.05. WASCON Co. was awarded contracts and completed similar concrete work for the town in 2005 and 2010.
Based on the bid unit prices the funding required from each line item is $41,118.80 from 001-7220-431.27-70 and $50,774.25 from 338-9875-466.55-60 respectively.
This work will be completed this construction season.
A complete bid tabulation is attached.
TOWN COUNCIL ACTION REPORT
September 1, 2011
Motion to Accept Bids and Award a Contract to Stark Excavating, Inc. in the Amount of $41,784.50 for the 2011 P.C.C. Pavement Patching Contract
PREPARED BY: Gene Brown, City Engineer
REVIEWED BY: Mark R. Peterson, City Manager
BUDGET IMPACT: Funds in the amount of $77,500 are available in line item 001- 7230-441.27–41 of the Road and Bridge Fund
STAFF RECOMMENDATION: Approval
ATTACHMENTS: Bid Tabulation
BACKGROUND
Included in the FY 2012 Road and Bridge budget is $77,500 for PCC pavement patching. This work supplements the efforts of the Public Works Department Street Division in patching existing deteriorated concrete pavements.
DISCUSSION/ANALYSIS
The location of work proposed in this years project includes approximately 535 square yards of P.C.C. pavement patching at the Hovey Avenue / Cottage Avenue intersection.
The pavement in the intersection has deteriorated to a condition that requires complete removal and replacement of the majority of the pavement in the intersection. Engineering devised two plans for this project. One would have had three construction phases and have various legs of the intersection closed for a three week period. The other alternative was to completely close the intersection and complete the work in five days. After discussions with Administration it was decided to specify the complete closure alternative.
Bids for the project were received, opened and read on Thursday, August 18, 2011 at 10:00 a.m. Five bids were received. A complete bid tabulation is attached. A summary of the bids is shown below.
TOWN COUNCIL ACTION REPORT
BIDDER
Kinney Contractors, Inc. $58,831.00 Raymond, IL
G.M. Sipes Construction, Inc $54,304.00 Rushville, IL
Rowe Construction Co. $53,065.49 Bloomington, IL
J.G. Stewart Contractors, Inc. $55,120.00 Bloomington, IL
Stark Excavating, Inc. $41,784.50 Bloomington, IL
Engineering has reviewed the bid documents and found them to be acceptable and recommends that the bid be awarded to the low bidder, Stark Excavating, Inc., in the amount of $41,784.50. The low bid is 34.4% under the engineer’s estimate of $63,791.00.
This work will be completed yet this summer of early fall.
2011 PCC Pavement Replacement Hovey / Cottage August 18, 2011 10:00 a.m.
Normal City Hall Kinney Contractors Inc. G.M. Sipes Construction, Inc. Rowe Construction Co. Engineer' Estimate Raymond, IL Rushville, IL Bloomington, IL No Item Quantity Unit Unit Price Total Price Unit Price Total Price Unit Price Total Price Unit Price Total Price 1 Pavt Rem 535 SY $20.00 $10,700.00 $14.00 $7,490.00 $10.00 $5,350.00 $16.03 $8,576.05 2 Rem of Unstable Matl 89 CY $25.00 $2,225.00 $40.00 $3,560.00 $10.00 $890.00 $43.50 $3,871.50
3 Geo Fabric for Ground Stabl 267 SY $8.00 $2,136.00 $4.00 $1,068.00 $2.00 $534.00 $2.27 $606.09 4 Subbabse Granular Matl Ty B 182 TON $40.00 $7,280.00 $44.00 $8,008.00 $15.00 $2,730.00 $22.02 $4,007.64 5 PCC Pavt (Special) - 8" 535 SY $70.00 $37,450.00 $63.00 $33,705.00 $80.00 $42,800.00 $56.61 $30,286.35 6 Traffic Control Complete 1 L. SUM $4,000.00 $4,000.00 $5,000.00 $5,000.00 $2,000.00 $2,000.00 $5,717.86 $5,717.86 Total Base Bid $63,791.00 $58,831.00 $54,304.00 $53,065.49
J.G. Stewart Contractors, Inc. Stark Excavating, Inc. Bloomington, IL Bloomington, IL No Item Quantity Unit Unit Price Total Price Unit Price Total Price 1 Pavt Rem 535 SY $9.00 $4,815.00 $9.00 $4,815.00 2 Rem of Unstable Matl 89 CY $25.00 $2,225.00 $20.00 $1,780.00 3 Geo Fabric for Ground Stabl 267 SY $2.00 $534.00 $1.50 $400.50 4 Subbabse Granular Matl Ty B 182 TON $28.00 $5,096.00 $22.00 $4,004.00 5 PCC Pavt (Special) - 8" 535 SY $70.00 $37,450.00 $51.00 $27,285.00 6 Traffic Control Complete 1 L. SUM $5,000.00 $5,000.00 $3,500.00 $3,500.00 Total Base Bid $55,120.00 $41,784.50 TOWN COUNCIL ACTION REPORT
September 1, 2011
Motion to Approve a Semi-Annual Salary Schedule Adjustment for Classified Employees
PREPARED BY: Pamela S. Reece, Assistant City Manager
REVIEWED BY: Andrew Huhn, Director of Finance
BUDGET IMPACT: The estimated budget impact of the proposed COLA increase is $288,000 for FY 2011-12. Sufficient funds have been budgeted in the various department personnel line items of the approved FY 2011-12 budget.
STAFF RECOMMENDATION: Approval
ATTACHMENTS: Proposed Salary Schedule for Classified Employees
BACKGROUND
Section 18.1-3D of the Personnel Code specifies that …
On October 1 of each year, the salary level then specified for each step in the salary administration program and all regular employees then current salary shall be adjusted up or down by the net percentage change in the cost of living computed for the six month period of time commencing January 1 and ending June 30…”
In determining the cost of living adjustment, the Town uses the Consumer Price Index-Urban Consumers (CPI-U, 1982-84). This index is calculated by the U.S. Department of Labor, Bureau of Labor Statistics.
DISCUSSION/ANALYSIS
The consumer price index for all urban consumers rose to 225.722 in June 2011. The December 2010 index was 219.179. This is a six-month increase in the CPI-U of 2.99%. The Cost of Living adjustment that was approved by Council and applied on April 1, 2011 was 0.56% while the 2010 adjustments were 0.11% in April and 0.93% in October.
Council approval is necessary to remain compliant with Section 18.1-3D of the Town Personnel Code. Staff recommends that the Town’s salary schedule for classified employees be amended to reflect the - 2.99% cost of living adjustment effective October 1, 2011. Town of Normal Salary Schedule 2.99% COLA added Effective October 1, 2011
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31 29615.63 31355.23 33097.60 34838.56 35711.10 36604.11 37518.97 38457.05 39416.98 40402.85 41413.30 42448.34 43510.66 44380.47 45268.03 46173.32 47096.39
32 31095.80 32925.53 34753.89 36583.63 37495.75 38436.85 39397.87 40378.27 41387.35 42421.79 43481.99 44568.90 45683.12 46597.99 47529.24 48479.71 49449.07
33 32961.20 34895.91 36835.66 38777.25 39747.50 40740.57 41759.32 42803.35 43871.03 44913.93 46091.40 47243.67 48424.67 49393.11 50379.43 51388.42 52416.14
34 34938.22 36989.18 39046.30 41103.33 42131.54 43184.12 44264.98 45370.43 46503.76 47665.78 48858.84 50079.94 51332.06 52358.90 53405.41 54474.01 55564.41
35 37034.22 39207.75 41390.66 43568.01 44657.66 45773.88 46918.35 48092.43 49293.42 50526.45 51789.96 53083.63 54411.20 55499.48 56609.61 57741.58 58897.63
36 39625.90 41951.28 44283.51 46617.11 47782.87 48978.70 50202.78 51457.31 52743.98 54062.71 55414.81 56800.78 58220.85 59385.61 60573.56 61784.72 63019.82
37 42004.55 44470.58 46943.45 49417.67 50653.44 51918.24 53216.25 54546.88 55910.12 57308.14 58738.77 60208.55 61713.12 62945.89 64204.77 65489.74 66798.61
38 44525.88 47138.71 49759.78 52381.08 53690.24 55031.73 56408.01 57819.08 59264.94 60746.40 62263.19 63820.20 65415.52 66724.69 68057.70 69419.07 70807.88
39 47196.06 49965.79 52745.94 55526.22 56914.33 58336.92 59794.50 61289.13 62819.76 64390.05 66000.68 67648.73 69342.05 70728.56 72143.18 73585.86 75059.58
40 50971.60 53963.33 56963.25 59964.57 61463.87 62999.99 64574.38 66188.36 67843.88 69540.60 71278.47 73060.79 74888.35 76385.70 77913.67 79471.66 81061.52
41 55050.25 58282.31 61522.57 64763.95 66383.65 68042.68 69742.69 71486.39 73272.43 75104.43 76982.68 78905.91 80879.02 82496.50 84147.03 85830.65 87547.23
42 59453.87 62944.02 66443.72 69944.79 71693.94 73486.82 75323.37 77204.98 79134.40 81112.97 83141.56 85218.92 87349.37 89095.55 90877.43 92695.78 94550.39
43 65399.13 69237.47 73086.73 76938.72 78862.65 80834.41 82855.30 84925.34 87047.28 89223.85 91455.03 93740.91 96083.95 98005.18 99964.64 101963.67 104001.88
44 71938.36 76161.75 80396.08 84633.13 86749.61 88917.98 91140.97 93418.56 95752.15 98145.81 100599.57 103114.76 105692.78 107806.52 109961.95 112162.36 114405.52
45 80570.86 85300.84 90043.14 94788.13 97157.21 99585.89 102075.62 104627.72 107242.58 109922.99 112671.68 115488.65 118376.20 120742.97 123158.13 125621.80 128133.70
46 85404.62 90417.27 95444.91 100475.30 102987.77 105561.68 108199.78 110904.77 113676.66 116518.22 119430.76 122417.03 125477.05 127986.79 130547.04 133158.19 135820.25
47 90528.91 95842.31 101171.61 106503.83 109167.05 111895.40 114691.76 117559.07 120497.28 123509.32 126596.61 129762.05 133005.68 135666.00 138379.88 141147.31 143969.73
Regular Classified Non Union Employees Rounding may affect annual salary amounts TOWN COUNCIL ACTION REPORT
September 1, 2011
Motion to Accept the Audited Town of Normal Financial Statements and Report of Certified Public Accountants for the Year Ending March 31, 2011
PREPARED BY: Andrew Huhn, Director of Finance
REVIEWED BY: Mark R. Peterson, City Manager Pamela S. Reece, Deputy City Manager
BUDGET IMPACT: N/A
STAFF RECOMMENDATION: Approval
ATTACHMENTS: Clifton Gunderson, LLP, Two (2) Financial Management letters dated August 17, 2011; and Audited Financial Statement included under separate cover
BACKGROUND
An annual audit of the Town’s financial records is required by State statute. The Town complies with the highest standards of financial reporting, which is evidenced by the Town’s receipt in past years of the Certificate of Achievement for Excellence in Financial Reporting award. This award is presented by the International Government Finance Officers Association
DISCUSSION/ANALYSIS
Under separate cover, you received a copy of the Town of Normal’s audited financial statements for the year ending March 31, 2011. The audited report indicates that all funds have positive fund balances. The audit also indicates that the Town’s financial reports comply with all generally accepted accounting standards and that they accurately reflect the Town’s financial position. Helen Barrick, from Clifton Gunderson, will be present to answer any questions Council may have regarding the audit.
This is the third year that the Town’s financial records have been audited by Clifton Gunderson, LLP. Auditor comments are presented in the Town’s Annual Management Letter dated August 17, 2011, which is attached. Staff responses to these comments are also included in the management letter.
A second letter, also dated August 17, 2011, is presented. The second letter includes recommendations that are not considered significant enough to be included in the standard management letter.
TOWN COUNCIL ACTION REPORT
September 1, 2011
Motion to Accept the Federal Compliance Audit for the Year Ending March 31, 2011
PREPARED BY: Andrew Huhn, Director of Finance
REVIEWED BY: Mark R. Peterson, City Manager Pamela S. Reece, Deputy City Manager
BUDGET IMPACT: N/A
STAFF RECOMMENDATION: Approval
ATTACHMENTS: Single Audit Report on Federal Compliance by Clifton Gunderson, LLP
BACKGROUND
Attached is the required Compliance Audit for the year ending March 31, 2011 completed by Clifton Gunderson, LLP, the Town’s Certified Public Accountants. This audit covers federal awards through U.S. Department of Agriculture, U.S. Department of Housing and Urban Development; U.S. Department of Transportation, Institute of Museum and Library Services, Environmental Protection Agency and the U.S. Department of Energy.
The financial compliance audit covers internal control over financial reporting in accordance with government auditing standards. Also required are reports dictated by the Single Audit Act and Office of Management and Budget Circular A-133. This section requires a compliance review of each major program and related internal controls over compliance with A-133.
DISCUSSION/ANALYSIS
As part of the annual financial statement audit, the Town’s auditors perform a review of the Town’s internal controls and compliance with grant programs. A report, called the “Single Audit Report” is issued by the auditors and reports on the Town’s compliance with internal controls for financial reporting and grant management. There were seven findings listed in the Single Audit Report. Staff responses are included in the report.
TOWN COUNCIL ACTION REPORT
September 1, 2011
A Resolution Authorizing a Loan and Security Agreement with “The Pod” for Energy Efficiency Upgrades to the Town-owned Property at 104 E. Beaufort Street
PREPARED BY: Geoff Fruin, Assistant City Manager
REVIEWED BY: Mark R. Peterson, City Manager Steven D. Mahrt, Corporation Counsel
BUDGET IMPACT: A loan of $11,958 would be provided to The Pod in the current fiscal year. The Pod will repay the loan in equal monthly installments over three years incorporating an annual interest rate of 2.25%
STAFF RECOMMENDATION: Approval
ATTACHMENTS: Proposed Resolution and Agreement
BACKGROUND
On May 2nd of 2011 the Town Council entered into a license agreement with “The Pod” for use of the Town-owned space at 104 E. Beaufort in Uptown Normal. Part of the license agreement required the owners to invest in upgrading the space, which previously served as a construction office. The owners have invested significantly into the property, including installing an energy efficient HVAC system along with lighting improvements.
When developing their business model, the owners of The Pod had assumed participation in an energy efficiency revolving loan fund that was operated by the Economic Development Council. Council may recall that this loan fund was seeded with money the Town of Normal received through the American Recovery and Reinvestment Act of 2009. Unfortunately, during The Pod’s application process the Town was contacted by the U.S. Department of Energy and asked to reprogram the funds that were dedicated to the revolving loan fund. This request was due to the fact that no loans had been made in the first year of the program’s operation. Town staff is currently contemplating new uses for these funds and has notified the Economic Development Council that the loan program must be terminated.
DISCUSSION/ANALYSIS
Due to the fact that The Pod was in the middle of the application process and had completed the investment with the assumption a loan would be provided, Town staff felt was appropriate to offer a comparable loan with General Fund dollars. The proposed loan terms mirror the terms that were anticipated in the revolving loan program. Those terms include payback over three years with an annual interest rate of 2.25%. No part of the $11,958 loan is forgivable. Under the agreement the owners of The Pod will make monthly payments of $343.81 to the Town over a 36 month period.
TOWN COUNCIL ACTION REPORT
The investments by The Pod in 104 E Beaufort have greatly enhanced its appearance and functionality. Staff recommends that Council approve the proposed loan agreement. Assuming approval staff will process the loan check and begin collecting the monthly payments in accordance with the agreement.
RESOLUTION NO. ______
A RESOLUTION AUTHORIZING A LOAN AND SECURITY AGREEMENT WITH THE POD FOR ENERGY EFFICIENCY UPGRADES TO THE TOWN-OWNED PROPERTY AT 104 EAST BEAUFORT STREET
WHEREAS, the Town of Normal is a home rule unit of local government with authority to legislate in matters concerning its local government and affairs; and
WHEREAS, the Town of Normal owns property located at 104 East Beaufort Street; and
WHEREAS, said property has been licensed to Doug Wetzel, Natalie Wetzel, Jon Berry and Bekah Berry for use as a commercial retail store; and
WHEREAS, the licensees made significant energy efficiency upgrades to the property prior to opening the business; and
WHEREAS, the licensees were working with the Economic Development Council to obtain an Energy Efficiency Revolving Loan for said energy upgrades; and
WHEREAS, the Energy Efficiency Revolving Loan Program has terminated; and
WHEREAS, it is in the best interests of the health, safety and welfare of the citizens of Normal to loan the licensee $11,958.00 at 2.25 per cent annual interest for a period of three years in order to financially assist the licensees in making the energy efficiency upgrades to the Town owned property at 104 East Beaufort Street.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES AS FOLLOWS:
SECTION ONE: That the President be and he is hereby authorized to execute for and on behalf of the Town of Normal a Loan and Security Agreement with Doug Wetzel, Natalie Wetzel, Jon Berry and Bekah Berry. A copy of said Loan and Security Agreement is marked Exhibit A, attached hereto and incorporated herein by reference.
SECTION TWO: That the Town Clerk be and she is hereby authorized and directed to attest the signature of the President on said document and retain a fully executed original of said Agreement in her office for public inspection.
ADOPTED this _____ day of ______, 2011.
APPROVED:
______President of the Board of Trustees of the Town of Normal, Illinois
ATTEST:
______Town Clerk
(seal)
EXHIBIT A
LOAN AND SECURITY AGREEMENT
This Loan Agreement is entered into this _____ day of ______, 2011, by and between the Town of Normal, an Illinois Home Rule Unit of Local Government (Lender) and Doug Wetzel, Natalie Wetzel, Jon Berry and Bekah Berry (Borrowers).
WHEREAS, Borrowers incurred expenses in the amount of $11,958.00 for the purchase and installation of energy efficient lighting and HVAC equipment for property located at 104 East Beaufort in Normal; and
WHEREAS, Lender has received a grant from the federal government to be used for energy efficiency purposes; and
WHEREAS, Lender desires to loan Borrowers $11,958.00 at 2.25 per cent annual interest for a period of 3 years in order to financially assist Borrowers purchase and installation of energy efficient HVAC and lighting equipment.
NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL PROMISES CONTAINED HEREIN, THE PARTIES AGREE AS FOLLOWS:
1. Lender agrees to loan to Borrower $11,958.00 at 2.25 per cent annual interest to be repaid by Borrowers to Lender in monthly payments of $343.81 for a period of 36 months beginning 30 days from date of disbursement of funds from Lender to Borrower.
2. Borrowers agree to execute the Note attached hereto as Exhibit A.
3. Borrowers agree to provide any and all documentation requested by Lender including paid receipts for the energy efficient products purchased by Borrowers and any documentation necessary for Lender to comply with federal grant requirements.
4. Borrowers agree, for a period of 4 years, following execution of this Agreement to not enter into any agreement or contract or take any steps to alter, change or remove the lighting and HVAC equipment installed at 104 East Beaufort without first obtaining the express written consent of Lender.
5. Borrowers agree to not pledge, assign, create a lien or security interest or in any way convey their right, title or interest in the lighting and HVAC equipment without obtaining the express written consent of Lender.
6. Borrowers hereby grant a security interest to Lender in the lighting and HVAC equipment installed at 104 East Beaufort and agree to execute any financing statements as requested by Lender.
7. In the event of default by Borrowers in repaying the Loan identified herein, Lender may, but is not required to take possession of the lighting and HVAC equipment installed at 104 Beaufort and remove the same in any manner allowed by law.
8. Borrowers agree to pay when due the principal and interest on the debt described herein and evidenced by the attached note and any late charges assessed by Lender. Payment shall be applied first to interest and next to principal. In the event of default in any payment, Lender may accelerate all payments and declare the entire unpaid amount immediately due and owning.
9. Borrowers’ obligations and liability shall be joint and several.
10. The parties agree to venue in McLean County for any dispute regarding this Agreement.
Lender: Town of Normal
By ______Doug Wetze1
______Attest: Natalie Wetzel
______Jon Berry
______Bekah Berry
EXHIBIT A
NOTE
In return for the Loan we received, we promise to pay to the order of Lender, Town of Normal, $11,958.00 (principal) plus interest and any late charges thereon.
Interest will be charged on unpaid principal until the full amount of principal has been paid. Interest shall be at the rate of 2.25 per cent per annum.
We agree to make monthly payments of principal and interest on the _____ day of each month, beginning on September _____, 2011, for a period of 36 months until the principal and all accrued interest is paid in full. Payments shall be applied to interest before principal. Payments shall be made at Normal City Hall, 100 East Phoenix Avenue, Normal, Illinois, or such different place as required by the holder of this Note. Monthly payments will be in the amount of $343.81.
Prepayments of principal may be made at any time without penalty. If any monthly payment is more than 10 days late, then the Note holder may assess and we agree to pay a late charge of 10 per cent of the overdue amount of principal and interest.
If we do not pay the full amount of each monthly payment on the date it is due, then the Note holder may declare the full amount of principal and interest owed under this Note, immediately due and payable.
We hereby waive notice, demand and presentment.
We agree to be jointly and severally liable for all obligations under this Note.
Done this ______day of September, 2011.
______Doug Wetzel Natalie Wetzel
______Jon Berry Bekah Berry TOWN COUNCIL ACTION REPORT
September 1, 2011
Resolution Authorizing the Execution of a License Agreement with Commerce Bank for the Use of Town Property for a Temporary Automated Teller Machine (ATM)
PREPARED BY: Wayne Aldrich, Uptown Development Director
REVIEWED BY: Mark R. Peterson, City Manager
BUDGET IMPACT: N/A
STAFF RECOMMENDATION: Approval
ATTACHMENTS: Proposed Resolution, Proposed License Agreement; Exhibit Showing License Area
BACKGROUND
On August 15, 2011, the Town Council authorized a redevelopment agreement with Commerce Bank for the development of a new branch bank facility in Uptown to be located at 102 Broadway Avenue. As a part of this agreement, the Town agreed to assist the bank in securing a site for a temporary ATM site during construction of the new bank. Town staff and Commerce Bank representatives have identified an area that will be an acceptable location for an ATM. A proposed license agreement has been prepared to allow Commerce Bank use of this area for the ATM.
DISCUSSION/ANALYSIS
The site for the temporary ATM is immediately east of the new bank site in the Town parking lot as shown on the attached Exhibit A. If approved, the bank will be allowed use of the site until substantial completion of the new branch bank facility. Commerce Bank will be responsible for all costs associated with the installation and removal of the ATM and associated facilities. Approval of this item will authorize the Uptown Development Director to execute the license agreement.
As this license agreement fulfills the Town’s obligations regarding the temporary ATM, Town staff recommends approval. RESOLUTION NO. ______
A RESOLUTION AUTHORIZING EXECUTION OF A LICENSE AGREEMENT WITH COMMERCE BANK
WHEREAS, the Town of Normal is a home rule unit of local government with authority to legislate in matters concerning its local government and affairs; and
WHEREAS, the Town of Normal entered into a Redevelopment Agreement with Commerce Bank dated August 15, 2011; and
WHEREAS, pursuant to the terms of said Redevelopment Agreement Commerce Bank is constructing a new bank facility in Uptown Normal; and
WHEREAS, Commerce Bank desires to operate a automated teller machine in Uptown Normal while the new banking facility is being constructed; and
WHEREAS, it is in the best interests of the health, safety and welfare of the citizens of Normal to grant a license to Commerce Bank to install and maintain an automated teller machine located on Town property near the intersection of Broadway and College Avenue, all as described in the attached License Agreement.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES FOR THE TOWN OF NORMAL, ILLINOIS:
SECTION ONE: That the Uptown Director, Wayne Aldrich, be and he is hereby authorized and directed to execute a License Agreement on behalf of the Town of Normal for an automated teller machine with Commerce Bank. A copy of said license Agreement is marked Exhibit 1, attached hereto and incorporated herein by reference.
ADOPTED this ______day of ______, 2011.
______President of the Board of Trustees of the Town of Normal, Illinois
ATTEST:
______Town Clerk
(seal)
TOWN COUNCIL ACTION REPORT
September 1, 2011
A Resolution Conditionally and Partially Approving the Final Development Plan for the Healing Stone Court Planned Unit Development in the Town of Normal (1285 Healing Stone Court)
PREPARED BY: Mercy Davison, Town Planner
REVIEWED BY: Mark R. Peterson, City Manager Steven D. Mahrt, Corporation Counsel
BUDGET IMPACT: N/A
STAFF RECOMMENDATION: Conditional Approval
ATTACHMENTS: Proposed Resolution; Aerial Map
BACKGROUND
On July 18, 2011, the Town Council approved the Healing Stone Court Preliminary Planned Unit Development, located at 1285 Healing Stone Court (Res. No. 4643). The approved plan calls for 36 dwelling units split among three buildings. Parking exceeds the code minimum by 3 spaces. The bulk of the green space is on the south side of the property, and includes a playground and space for a community garden. The site will be most heavily landscaped along the south and west property lines, where the property adjoins other residences. The plan does not require any code variances.
At this time the developer has submitted a Final Development Plan for approval.
DISCUSSION/ANALYSIS
Town staff has reviewed the proposed Final Development Plan for the Healing Stone Court PUD and finds it to be in substantial compliance with the approved Preliminary Development Plan. The approving resolution contains conditions prior to recording, including the requirement to pay development fees per code such as parkland and school land fees.
Thus, Town staff recommends that the Town Council conditionally and partially approve the Final Development Plan for the Healing Stone Court PUD.
RESOLUTION NO. ______
A RESOLUTION CONDITIONALLY AND PARTIALLY APPROVING FINAL DEVELOPMENT PLAN FOR THE HEALING STONE COURT PLANNED UNIT DEVELOPMENT IN THE TOWN OF NORMAL
WHEREAS, the Municipal Code, Town of Normal, Illinois, 1969, as amended, authorizes the development of land in any zoning district as a planned unit development; and
WHEREAS, pursuant to said Zoning Code developers may elect to develop property pursuant to a planned unit development procedure; and
WHEREAS, the election to develop property in such a manner is entirely voluntary, and the developer by so electing agrees to submit his development plan to a legislative public hearing and plan review; and
WHEREAS, a preliminary planned unit development plan has been approved for the above-described Planned Unit Development by the Normal Town Council; and
WHEREAS, the developer of said Planned Unit Development has petitioned for approval of a final development plan for the Planned Unit Development; and
WHEREAS, it is in the best interests of the health, safety, and welfare of the citizens of Normal to conditionally approve a final development plan for the Healing Stone Court Planned Unit Development.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE TOWN OF NORMAL, ILLINOIS:
SECTION ONE: That this Resolution pertains to the property described in the Final Plan.
SECTION TWO: That this Resolution pertains to the Final Development Plan for the Healing Stone Court Planned Unit Development, prepared by Donald L. Adams, Illinois Registered Professional Engineer No. 040157 dated July 19, 2011, bearing Town of Normal file stamp dated August 15, 2011.
SECTION THREE: That the final development plan for the Healing Stone Court Apartment Planned Unit Development be and the same is hereby conditionally approved with the following waivers: None.
SECTION FOUR: That the final development plan for Healing Stone Court Apartment Planned Unit Development be and the same is hereby conditionally approved with the following conditions:
A. Submission of all code required certificates, including but not limited to County Clerk’s Certificate, Owner's Certificate, Drainage Certificate, and School District Certificate.
B. The owner shall post a bond and security as required by the Chapter 15 of the Municipal Code, Town of Normal. The Corporation Counsel of the Town of Normal be, and he is hereby authorized and directed to review the security posed to secure the statement of agreement and bond for said planned unit development; and if, in his opinion, the security conforms with all requirements of the Town of Normal, note his approval on this resolution. If, in his opinion, the security does not conform with all requirements of the Town of Normal, acceptance or rejection of such security will be determined vote of the Corporate Authority of the Town of Normal, Illinois.
The bond and security shall be posted within ninety days from approval of this resolution. In the event the bond and security is not posted before the deadline established herein, this resolution shall be void, and the owner of the premises shall re-petition the Town of Normal for approval of the final plan.
C. Payment of any and all applicable fees including but not limited to water tap-on fee, sanitary sewer tap-on fee, storm water detention fee, parkland and school land dedication fees, plan review and inspection fee.
D. Submit plan in digital format as required by Town Code.
SECTION FIVE: PIN:______
SECTION SIX: That the Town Clerk be and she is hereby authorized and directed to file a notice of approval of this final development plan with the Recorder of Deeds for McLean County, Illinois.
ADOPTED this ______day of ______, 2011.
APPROVED:
______President of the Board of Trustees of the Town of Normal, Illinois
ATTEST:
______Town Clerk
(seal)
Approval of Conditions:
______Steven D. Mahrt, Corporation Counsel (Date) ______1285 Healing Stone Court
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General Orders
TOWN COUNCIL ACTION REPORT
September 1, 2011
Resolution Authorizing the Execution of a Redevelopment Agreement with Rodney Poole and Associates for the Development of a Multi-Family Residential Building (“Liner Housing”) South of the Existing College Avenue Parking Deck at 102 West College Avenue
PREPARED BY: Wayne Aldrich, Uptown Development Director
REVIEWED BY: Mark R. Peterson, City Manager
BUDGET IMPACT: The Town will receive $56,400 as the purchase price for the property. No Town expenses, subsidies, or investments are anticipated for this project.
STAFF RECOMMENDATION: Approval
ATTACHMENTS: Proposed Resolution; Proposed Redevelopment Agreement; Appraisal Letter; Preliminary Exterior Renderings; Aerial Map
BACKGROUND
The concept of “liner housing” has long been discussed as part of the Uptown Renewal Plan. Liner housing is used in urban areas to mask or screen a parking deck while providing relatively dense residential development with access to parking. The College Avenue parking deck was designed to allow for the future construction of liner housing along the south side of the deck.
On June 16, 2007, the Town Council approved the Resubdivision of Lot 3 of the Bank of Illinois Subdivision (Res. No. 4072). This action divided the parking deck site into two lots. The new Lot 4 encompasses the parking deck. The new Lot 5 (approximately 55 feet x 271 feet) is land for the liner housing project, as shown on the attached aerial map.
Over the past several years various developers have been interested in the concept of liner housing at this location. However, because of the economy, no development proposals have been received over the past several years until recently when Mr. Rodney Poole contacted staff with interest in the project. Mr. Poole has been involved with several housing developments, primarily in the Champaign area.
In anticipation of this project, on August 1, 2011, the Town Council initiated a zoning text amendment to allow the use of “Liner Housing” in the B-2 Central Business District. This text amendment will be discussed at the September 8, 2011 Planning Commission meeting and will return to the Town Council at its September 19, 2011 meeting for final approval.
Also in anticipation of a redevelopment agreement, Town staff advertised a Request for Proposals in accordance with statutory regulations in order to solicit potential alternate development proposals for the property. To date no alternate proposal has been received. TOWN COUNCIL ACTION REPORT
As a result, Town staff and Mr. Poole have negotiated a potential redevelopment agreement for the project.
DISCUSSION/ANALYSIS
The proposed project consists of a six-story, mixed-use building with the possibility of some commercial/retail space on a portion of the first floor and residential apartments on the rest of the first floor and the upper floors. The developer is currently proposing 32 units of apartments with 88 beds. The distribution would be sixteen 2- bedroom apartments, eight 3-bedroom apartments and eight 4-bedroom apartments. The distribution of apartments, as well as the commercial component of the building, have not yet been determined and are subject to further refinement with the initial and preliminary plan process. Although commercial uses on the ground floor of the project are still being considered, the developer has indicated to staff that the majority of ground floor uses will likely be residential.
The proposed redevelopment agreement is typical of other such agreements in the Uptown and includes the following major provisions:
1. PROJECT DEVELOPMENT a. Initial Plans include the exterior architectural appearance and preliminary site plans. The initial plans are to be completed within 180 days of the approval of the agreement and approved by the Town within 30 days of submission. The initial plans will be subject to review by the Uptown Design Review Commission. b. Preliminary Plans as defined in the agreement would be delivered to the Town within 90 days of the approval of the Initial Plans. The Town is required to approve or disapprove the Preliminary Plans within 30 days of receipt. c. Construction Plans for the project are due within 120 days of the approval of the Preliminary Plans. The Town is required to approve or disapprove the construction plans within 30 days of receipt. Approval of the Construction Plans can be in the form of a construction permit issued by the Town Inspection Department. 2. COMMENCEMENT and COMPLETION a. Construction is required to start within 30 days of the approval of the Construction Plans or closing on the property. b. The project is to be substantially complete within 24 months of commencement of construction. 3. TOWN OBLIGATIONS a. Amend the Zoning Code and Zoning Map to allow for the proposed project use. b. Sell the project site to the developer for a fair market value of $56,400. c. Make available to the developer 60 spaces in the College Avenue parking deck, with the developer paying the standard market rate for the spaces. 4. DEVELOPER OBLIGATIONS a. Purchase the project site for $56,400. b. Construct the project in accordance with approved plans. c. Construct any improvement to the College Avenue parking deck as required to fulfill building and fire code requirements. 5. TERMINATION – Either the Town or the developer may terminate the agreement with 10 days written notice if the other party does not comply with the agreement provisions.
The redevelopment agreement contemplates a separate agreement that will be entered into at a later date pertaining to project parking. It is understood, however, that the developer/owner will purchase parking passes for the building tenants at the same rate charged of other parking deck customers.
TOWN COUNCIL ACTION REPORT
Mr. Poole has expressed his desire to begin the project in the spring of 2012. In accordance with the agreement, the developer will submit initial and preliminary plans for Town approval. These plans will be brought to the Town Council for approval when available.
This project will allow a new development to proceed with no additional investment by the Town. The project will add additional residential development in the Uptown and provide substantial tax increment revenue. Thus, Town staff recommends approval. .
RESOLUTION NO. ______
A RESOLUTION AUTHORIZING EXECUTION OF A REDEVELOPMENT AGREEMENT WITH RODNEY POOLE AND ASSOCIATES
WHEREAS, the Town of Normal is a home rule unit of local government with authority to legislate in matters concerning its local government and affairs; and
WHEREAS, the Town of Normal has adopted a program from the redevelopment of a redevelopment area known as the Town of Normal Uptown Renewal Tax Increment Redevelopment Area; and
WHEREAS, pursuant to said plan the Town has solicited proposals for the development of liner housing adjacent to the College Avenue Parking Deck; and
WHEREAS, Rodney Poole and Associates submitted a proposal for development of liner housing; and
WHEREAS, it is in the best interests of the health, safety and welfare of the citizens of Normal to enter into a Redevelopment Agreement with Rodney Poole and Associates on the terms and conditions provided herein.
NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES FOR THE TOWN OF NORMAL, ILLINOIS:
SECTION ONE: That the President be and he is hereby authorized to execute for and on behalf of the Town of Normal a Redevelopment Agreement with Rodney Poole and Associates. A copy of said Redevelopment Agreement is marked Exhibit A, attached hereto and incorporated herein.
SECTION TWO: That the Town Clerk be and she is hereby authorized and directed to attest the signature of the President on said document and retain a fully executed original in her office for public inspection and to file of record a Memorandum of said Agreement and Declaration of Covenants, Uses and Restrictions all as set forth in said Agreement.
SECTION THREE: That the City Manager be and he is hereby authorized and directed to take all necessary and appropriate action to implement the terms of said Redevelopment Agreement which action includes, but is not limited to, conveyance of the real property described in said Agreement from the Town of Normal to Rodney Poole and Associates.
ADOPTED this ____ day of ______, 2011.
APPROVED:
______President of the Board of Trustees of the Town of Normal, Illinois
ATTEST:
______Town Clerk
(seal)
THIS TOWN OF NORMAL DOWNTOWN/RODNEY POOLE AND ASSOCIATES REDEVELOPMENT AGREEMENT (“Agreement”) is entered into as of the ___ day of ______, 2011, by and between the Town of Normal, Illinois, a municipal corporation, (hereinafter referred to as the “Town”) G Block Apartments, LLC, with offices in the City of Champaign, Champaign County, Illinois (hereinafter referred to as the “Developer”).
RECITALS
WHEREAS, the Town has adopted a program for the redevelopment of a redevelopment area known as the Town of Normal Uptown Renewal Tax Increment Redevelopment Area (the “Redevelopment Area”) in the Town, pursuant to 65 ILCS 5/11-74.4-1, et seq. of the Illinois Revised Statutes, the “Tax Increment Allocation Redevelopment Act” (hereinafter referred to as the “Act”);
WHEREAS, the Town has, pursuant to the provisions of the Act, adopted a plan known as the Town of Normal Uptown Renewal Tax Increment Redevelopment Plan pertaining to the redevelopment of the Redevelopment Area, substantially in the form of the document entitled Town of Normal Downtown Renewal Tax Increment Redevelopment Plan dated February 24, 2003 as amended by the First Amendment to the Town of Normal Uptown Renewal Tax Increment Redevelopment Plan dated April 22, 2010 (hereinafter referred to collectively as the “Redevelopment Plan”) a copy of which is available for inspection in the office of the Town Clerk of the Town;
WHEREAS, the Town, in order to achieve the objectives of the Redevelopment Plan, intends to contract with the Developer in the development of a new mixed use facility for use as retail and residential housing (more fully described herein in Section 1.1 as the “Project”) in the area generally depicted on Exhibit 1 attached hereto and incorporated herein (and as more particularly described in Section 1.1as the “Project Site”);
WHEREAS, in order to eliminate the blighting conditions within the Redevelopment Area, to enhance the quality of life in the Town, to provide an economic stimulus to the area of the Town within which the Project Site is located, and to attract other private development which will enhance the tax base of the Town and to further the objectives of the Redevelopment Plan, the Town pursuant to its Home Rule Powers under Article 7 of the Constitution of the State of Illinois and the powers granted to the Town pursuant to the Act, intends to enter into this Agreement with Developer; and
WHEREAS, the Town believes that conveyance of the Project Site and the development of the Project pursuant to the proposed Redevelopment Plan is in the vital and best interests of the Town and the health, safety, morals and welfare of its residents, and in accordance with the public purposes and provisions of the applicable federal, state and local laws.
NOW THEREFORE, in consideration of the promises and mutual covenants and obligations of the parties contained herein, and other good and valuable consideration, the receipt and sufficiency whereof are hereby acknowledged, the parties hereto, intending to be legally bound, hereby covenant and agree as follows:
ARTICLE I DEFINITIONS
1.1 Definition of Terms. Certain terms used in this Agreement shall have the following meanings unless their content or use clearly indicates otherwise (an Index of defined terms used throughout this Agreement is included after the Exhibits attached hereto):
SLC-6279224-9 1 “Act” means the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74.4-1, et seq., as it may be amended from time to time.
“Applicable Law” means the Act and all laws, statutes, acts, ordinances, rules, regulations, permits, licenses, authorizations, directives, orders and requirements of all governmental authorities, including, but not limited to, the Illinois Prevailing Wage Act, any statutes prohibiting discrimination because of, or requiring affirmative action based upon, race, creed, color, national origin, age, sex, or other prohibited classification, including, without limitation, the Illinois Human Rights Act, 775 Ill. Rev Stat § 5/1, et seq., any statutes regarding safety or the performance of work, including the Illinois Underground Utility Facilities Damage Prevention Act and the Occupational Safety and Health Act, and all other state, federal, or local laws or regulations that now or hereafter during the term of this Agreement may be applicable to the Developer, and/or the Project, the Project Site and the construction, maintenance, use and operation thereof, including those relating to employees, zoning, building, health, safety, Hazardous Materials, and accessibility of public facilities.
“Certificate of Completion” means a certificate issued by the Town, pursuant to Section 2.10 below, which indicates that the Developer has Substantially Completed the Project.
“Closing Date” means the date upon which the acquisition of the Project Site by the Developer from the Town pursuant to Article IV below will occur, as defined in Section 4.5.1 below.
“Environmental Laws” means all statutes specifically described in the definition of Hazardous Materials and all federal, state and local environmental, health and safety statutes, ordinances, codes, rules, regulations, orders and decrees regulating, relating to or imposing liability or standards concerning or in connection with Hazardous Materials.
“Effective Date” shall mean the date of this Agreement set forth above.
“Exterior Architectural Appearance” means the architectural character, general composition and general arrangements of the exterior of the Project, the Project Site and the adjacent areas, including the kind, color and texture of the building material and the type and character of all windows, doors, light fixtures, signs and appurtenant elements, visible from public streets and thoroughfares.
"Final Site Plan" means the final plan which sets forth the limits of the work to be done, the building locations, ingress and egress, loading areas, landscaping, signage and adjoining streets including one or more elevations or sketches showing the exterior features and designs of all the buildings or structures.
“Hazardous Materials” means any substance, material, waste, gas or particulate matter which is regulated by any local, state or federal governmental authority, including, but not limited to (i) petroleum, (ii) asbestos, (iii) polychlorinated biphenyl, (iv) radioactive materials, and (v) any other material or substance which is defined as a “hazardous waste,” “hazardous material,” “hazardous substance,” “extremely hazardous waste,” or “restricted hazardous waste” under any statute, rule or regulation of any jurisdiction including without limitation Section 311 of the Clean Water Act, Section 1004 of the Resource Conservation and Recovery Act, and Section 101 of the Comprehensive Environmental Response, Compensation, and Liability Act.
SLC-6279224-9 2 “Initial Plans” means the initial plans for the Project to be provided by the Developer pursuant to Section 2.2 below, which plans shall show the conceptual layout of the Project on the Project Site including anticipated areas of ingress and egress, driveways, the proposed relationship to the portions of the Redevelopment Area immediately adjacent to the Project Site and the anticipated elevation of the Project or any phase thereof, types of uses, the relationship to other real property adjacent to the Project Site; and may, but shall not be required to contain the Exterior Architectural Appearance of the Project and/or architectural drawings or detailed elevations of the Project.
"Preliminary Plans" means plans and drawings, including a Preliminary Site Plan which are preliminary to the Construction Plans, which plans and drawings shall include, but are not be limited to, the limits of the work to be done, the location of buildings and all auxiliary structures, ingress and egress, loading areas, proposed signage, landscaping and one or more elevations showing the Exterior Architectural Appearance of the Project.
“Project” means the mixed-use building described in Exhibit 2.
“Project Site” means the real property area upon which the Project is to be constructed as described in Exhibit 1.
“Real Estate Taxes” means the ad valorem real property taxes levied on the Project, the Project Site and any other structures or buildings on the Project Site.
“Redevelopment Area” means the Town of Normal Renewal Downtown Redevelopment Project Area as adopted by the Town in May, 2003.
“Substantial Completion or Substantially Complete” means completed construction, except for minor and ancillary alterations or additional work, so as to be available for the issuance of a certificate of occupancy pursuant to codes of the Town.
1.2 Construction of Words. The words “hereof”, “herein”, “hereunder” and other words of similar import refer to this Agreement as a whole. The words “above” or “below” refer to the location of an Article, Section or other subdivision of this Agreement within this Agreement. Unless otherwise specified, references to Articles, Sections and other subdivisions of this Agreement are to the designated Articles, Sections and other subdivisions of this Agreement as originally executed. The headings of this Agreement are for the convenience of reference only and shall not limit or define the provisions hereof.
1.3 Non-Limitation of Town’s Remedies. This section shall in no way limit the remedies of the Town pursuant to other Sections of this Agreement and pursuant to law and equity in the Event of Default.
ARTICLE II DEVELOPMENT OF THE PROJECT
2.1 Development of the Project. Pursuant to the terms of this Agreement, the Developer will utilize commercially reasonable efforts to develop the Project on the Project Site in a manner that is compatible with the Redevelopment Plan and Applicable Law.
SLC-6279224-9 3 2.2 Initial Plans. Within one hundred and eighty (180) days after the execution of this Agreement the Developer shall prepare Initial Plans for the Project. The Initial Plans may (but are not required to) include the Exterior Architectural Appearance of the Project.
2.3 Review and Approval of Initial Plans. The Town's approval or disapproval of the Initial Plans must be made in writing and, if disapproved, shall set forth the reasons for such disapproval. If the Town does not approve or disapprove said plans within thirty (30) days after receipt, they shall be deemed approved. If disapproved, the Developer shall, within twenty (20) days from the date of disapproval, resubmit revised plans, which the Town shall review within twenty-one (21) days. In reviewing said plans, the Town will take into account the normal and customary costs of developing and constructing projects of this type. Provided that if the Initial Plans are not approved by the Town within seventy- five (75) days of the date of original submittal of the Initial Plans to the Town, then the Developer shall have the right to terminate this Agreement, by written notice to the Town. Upon termination of this Agreement pursuant to this subsection the parties hereto shall have no claim against each other for any cost or expense incurred pursuant to this Agreement. Developer’s right to terminate shall expire at such time as the Town approves the Initial Plans.
2.4 Preliminary Plans. Not later than ninety (90) days after the approval of the Initial Plans by the Town, the Developer shall submit to the Town the Preliminary Plans for the Project. The Town shall review the Preliminary Plans for conformance with the Initial Plans, the Redevelopment Plan, this Agreement and Applicable Law.
2.5 Approval of Preliminary Plans by Town. The Town’s approval or disapproval of the Preliminary Plans must be made in writing and, if disapproved, shall set forth the reasons for such disapproval. In reviewing said plans, the Town will take into account the normal and customary costs of developing and constructing projects of this type. If the Town does not approve or disapprove said plans within thirty (30) days after receipt, they shall be deemed approved. If disapproved, the Developer shall, within twenty (20) days from the date of disapproval, resubmit revised plans, which the Town shall review within twenty-one (21) days. This process shall be repeated until the plans are approved by the Town; provided, however, that if the Preliminary Plans are not approved by the Town within ninety (90) days of the date of original submittal of the Preliminary Plans to the Town, then the Developer shall have the right to terminate this Agreement, by written notice to the Town. Upon termination of this Agreement pursuant to this subsection the parties hereto shall have no claim against each other for any cost or expense incurred pursuant to this Agreement, Developer’s right to terminate shall expire at such time as the Town approves the Preliminary Plans.
2.6 Final Site Plan. Within a reasonable time after approval of the Preliminary Plans, the Developer shall submit to the Town a Final Site Plan for the Project. The Town shall review the Final Site Plan for the purpose of determining compliance with the Preliminary Plans, the Redevelopment Plan, this Agreement and Applicable Law.
2.7 Construction Plans. Within one hundred twenty (120) days after the approval of the Preliminary Plans, the Developer shall submit to the Town construction plans for the Project (“Construction Plans”) solely for the purpose of reviewing said plans for compliance with Applicable Law, including but not limited to the life, safety and zoning regulations, and conformance with the Initial Site Plan, Preliminary Site Plan and the Final Site Plan. The Town shall, within thirty (30) days from receipt, approve or
SLC-6279224-9 4 disapprove the Construction Plans, after reviewing said plans for compliance with Applicable Law, including but not limited to the life, safety and zoning regulations, and conformance with the Initial Plans, the Preliminary Plans and Final Site Plan. The Town’s approval or disapproval of the Construction Plans must be made in writing and, if disapproved, shall set forth the reasons for such disapproval. If the Town disapproves the Construction Plans, the Developer shall submit revised plans within a reasonable time from the date of the Developer’s receipt of notice of the rejection. Upon submission of revised Construction Plans, the Town shall review and approve, or disapprove, such revised plans within ten (10) days of submittal. This process shall repeat until the Construction Plans are approved by the Town.
2.8 Amended Construction Plans. Prior to completion of the Project, as certified by the Town, if the Developer desires to make any substantial change in the Construction Plans, which shall be defined as any change which significantly affects the exterior appearance, size, or structural integrity of the Project, the Developer shall submit the proposed change to the Town for its approval. If the Construction Plans, as modified by the proposed change, conform to the requirements of the Redevelopment Plan and this Agreement, comply with Applicable Law, and do not create a fundamental change in the nature, size or exterior aesthetics of the Project, the Town shall approve the proposed change and notify the Developer in writing of its approval. If the Town disapproves of such change, it shall notify the Developer in writing with specificity as to the reasons for the disapproval, in which event the Developer may submit a revised change within a reasonable time thereafter. This process shall repeat until the revised plans are approved by the Town or the change is abandoned by the Developer. For clarification, and notwithstanding anything herein to the contrary, and except as required by Applicable Law, the Developer shall not be required hereunder to submit any proposed change in the Construction Plans to the Town or obtain the Town’s approval thereto for minor field changes made to the building improvements during the construction process that do not materially alter the exterior size or appearance of the building improvements or the location or size of site improvements.
2.9 Commencement and Completion Requirements.
2.9.1 Commencement. The Developer shall commence construction of the Project no later than thirty (30) days after the latest of the following to occur: (a) approval of the Construction Plans by the Town and the Developer’s receipt of all approvals under Section 4.4.4; and (b) Closing, provided, however, the Developer’s obligations hereunder shall be subject to Section 10.3.3.
2.9.2 Completion. The Developer shall Substantially Complete construction of the Project within twenty-four (24) months after commencement of construction or a date mutually agreed to by the parties, in writing; provided, however, the Developer’s obligations hereunder shall be subject to Section 10.3.3.
2.10 Certificate of Completion. Promptly after Substantial Completion of construction of the Project, or any phase thereof, and upon request of the Developer, the Town will execute and deliver to the Developer a Certificate of Completion. Said instrument of certification by the Town shall be (and it shall be so provided in the certification itself) a conclusive determination that the construction of the Project, or any phase thereof, has been Substantially Completed in accordance with the provisions of this Agreement, and of
SLC-6279224-9 5 satisfaction with respect to the obligations of the Developer, and its successors and assigns.
2.11 Form of Certification. The certification provided for in Section 2.10 shall be in such form as will enable it to be recorded in the Office of the Recorder of Deeds, McLean County, Illinois. If the Town refuses or fails to provide a requested certification in accordance with the provisions of this Agreement, the Town shall, within fifteen (15) days after receiving written request from the Developer, provide the Developer with a written statement indicating, in adequate detail, in what respects the Town believes that the Developer has failed to comply with the provisions of this Agreement, or is otherwise in default, and what measures or steps will be necessary, in the opinion of the Town, for the Developer to perform in order to obtain certification.
2.12 Quality of Construction and Conformance with Federal, State and Local Requirements. All work with respect to the Project, the Project Site and any other structures or buildings on the Project Site shall conform to Applicable Law including, but not limited to, environmental codes and life safety codes. The Developer shall cause the construction of the Project to be commenced and to be prosecuted with due diligence and in good faith in accordance with the terms of this Agreement, and without undue delay (subject to Section 10.3.3) and shall cause the Project to be constructed in a good and workmanlike manner substantially in accordance with the Construction Plans and the Final Site Plan.
2.13 Utilities. All arrangements for utilities shall be made by the Developer. The Town makes no representations whatsoever with respect to the adequacy or availability of utilities with respect to the Project or Project Site.
2.14 Insurance.
2.14.1 Liability Insurance Prior to Completion. Prior to commencement of construction of the Project, the Developer or the Developer’s contractor shall procure and deliver to the Town, at the Developer’s or such contractor’s sole cost and expense, a policy or policies of comprehensive liability insurance, and during any period of construction, contractor’s liability insurance, structural work act insurance and workers’ compensation insurance. Limits of liability coverage under the comprehensive liability insurance shall not be less than One Million Dollars ($1,000,000) per occurrence and Five Million Dollars ($5,000,000) in the aggregate. The Developer shall maintain all such policies in full force and effect until each and every obligation of Developer contained herein has been fully paid, or performed, and all such policies shall be in such form and issued by such companies as shall be reasonably acceptable to the Town to protect Town and Developer against any liability incidental to the use of, or resulting from, any accident occurring in, or about, the Project Site, the improvements, or as a result of the construction and improvement thereof. Each such policy shall name the Town as an additional insured and shall contain an affirmative statement by the issuer that it will give written notice to the Town at least thirty (30) days prior to any cancellation or amendment of its policy; provided, however, if such issuer is unable or unwilling to provide such affirmative statement, then such affirmative statement need not be included in such policies. In such case, the Developer shall give written notice to the Town at least twenty (20) days prior to any cancellation or amendment of each policy required hereunder, unless the Developer itself has
SLC-6279224-9 6 less than twenty-one (21) days prior notice thereof, in which case the Developer shall give prompt written notice thereof to the Town upon the Developer’s receipt of notice thereof.
2.14.2 Builder’s Risk Prior to Completion. During the construction of the Project, the Developer shall keep in force at all times builder’s completed value risk insurance, in non-reporting form, against all risks of physical loss, including collapse, covering the total value of work performed and equipment, supplies and materials furnished for the Project. Such insurance policies shall be issued by companies reasonably satisfactory to the Town. All such policies shall contain a a provision that the issuer will give written notice to the Town at least thirty (30) days prior to any cancellation or amendment of its policies; provided, however, if such issuer is unable or unwilling to provide such provision, then such provision need not be included in such policies, and in such case the Developer shall give written notice to the Town at least twenty (20) days notice prior to any cancellation or amendment of each policy required hereunder, unless the Developer itself has less than twenty-one (21) days prior notice thereof, in which case the Developer shall give prompt written notice thereof to the Town upon the Developer’s receipt of notice thereof.
2.15 Lien Waivers. All contracts for construction of the Project shall provide that all contractors and subcontractors shall, upon receipt of payment, furnish contractor’s affidavits in the form provided by state statute. Lien waivers shall be required for all payments made.
2.16 Rights of Inspection. During construction of the Project, the Town or its designee shall have the right, during reasonable hours, to enter upon the Project for the purposes of inspection. Inspection of the Project by the Town shall not be construed as a representation by the Town that there has been compliance with the Construction Plans or any building or life safety codes adopted by the Town; or that the Project will be or is free of faulty materials or workmanship; nor shall it be construed as a waiver of any right the Town or any other party may have against the Developer, or any other party, for noncompliance with the Construction Plans, Preliminary Plans, building or life safety codes, any other ordinances of the Town, or the terms of this Agreement.
2.17 Modifications to College Avenue Parking Deck. The Initial Plans, Preliminary Plans, Final Plans, and Construction Site Plans shall include all modifications to the College Avenue Parking Deck, resulting from the Project, and necessary to comply with Applicable Law. Any and all modifications necessary to the College Avenue Parking Deck, as a result of Developer’s Project, shall be deemed a part of Developer’s Project, and shall be at Developer’s sole cost and expense. The Town shall have no financial responsibility for any modifications resulting from Developer’s Project, and shall provide no financing in any form or manner. Notwithstanding the responsibility of the Developer to make the modifications, no modifications shall be made to the College Avenue Parking Deck absent approval of Town.
ARTICLE III TOWN OBLIGATIONS
3.1 Zoning. It is contemplated by the Town and the Developer that the Project Site shall have a zoning classification which will permit the use of the Project as intended by this
SLC-6279224-9 7 Agreement, and which is in conformance with the General Land Uses set forth in the Redevelopment Plan.
3.2 Sale of the Project Site. The Town shall sell the Project Site to the Developer pursuant to Article IV and other terms and conditions of this Agreement.
3.3 Town’s Deliveries. Within Ten (10) days of the Effective Date, the Town shall provide the Developer with copies of any, and all, available environmental reports, property inspection reports, appraisals or other similar test results or reports regarding the Project Site.
3.4 Parking. The Town shall make up to sixty (60) parking spaces in the adjacent College Avenue Parking Deck available for Project tenants. The parking spaces shall be made available to Project tenants at standard fair market rates, subject to the terms and conditions set forth in the separate Parking Agreement entered into between the parties.
ARTICLE IV CONVEYANCE OF THE PROJECT SITE
4.1 Conveyance of Project Site. For the Sum of Fifty-Six Thousand Four Hundred and 00/100 Dollars ($56,400.00), and other good and valuable consideration, and subject to the terms and conditions of this Agreement, the Town shall convey to the Developer, subject to all of the terms and conditions of this Agreement, good and marketable fee simple title to the Project Site by special warranty deed in a form satisfactory to the Developer, free and clear of all liens and encumbrances, but subject to any easements, covenants, restrictions, dedications or rights-of-way or other encumbrances placed on the property in order to allow ingress and egress by the public to the College Avenue Parking Deck located on Lot 4 in the Resubdivision of Lot 3 Bank of Illinois Subdivision. The sale price set forth herein is based upon an independent appraisal conducted by James Riker, an Illinois Certified Real Estate Appraiser.
4.2 “As Is” Condition. The Town agrees to convey and deliver the entire Project Site to Developer in “as is” Condition.
4.3 Title Commitment and Survey.
4.3.1 Title Commitment and Policy. The Town, at the Town’s sole cost and expense, shall, within thirty (30) days after the Effective Date provide to the Developer a title commitment (“Title Commitment”) for an Owner’s Title Insurance Policy (“Title Policy”), issued by a title insurance company reasonably acceptable to the Developer (“Title Insurer”), together with copies of all exception documents. At Closing, the Town shall cause the Title Insurer to issue the Title Policy in the amount of Twenty Thousand Dollars ($20,000.00) (the “Land Value”); provided, however, the Developer shall have the right to have the Title Policy issued in such greater amount as the Developer may desire provided that the Developer pays any additional premium for title insurance coverage beyond the Land Value. The Developer also shall pay the premium for all title endorsements desired by the Developer. The Title Policy shall show good and marketable record title to the Project Site to be in the Developer (in accordance with the Title Commitment provided for in this Section 4.3.1), subject only to the Permitted Exceptions.
SLC-6279224-9 8 4.3.2 Survey. Within thirty (30) days after the approval of the Initial Plans, the Town shall, at its cost, obtain a survey (the “Survey”) of the Project Site, locating the out-boundaries of the Project Site and locating all matters constituting appurtenances or exceptions to title shown on the Title Commitment.
4.3.3 Objections to Title and Survey. Within thirty (30) days after the Developer’s receipt of the Title Commitment, all exception documents, and the Survey, as set forth in Sections 4.3.1 and 4.3.2 (the “Title Review Period”), the Developer shall furnish to the Town written notification (hereinafter, “Developer’s Notice”) of any objections to or defects in title of record set forth in the Title Commitment and any objections to the Survey (collectively, “Objections”). If Developer’s Notice is not given within the Title Review Period, the Developer shall be deemed to have accepted all matters then affecting title to the Real Property set forth in the Title Commitment and Survey as “Permitted Exceptions”. If the Developer’s Notice is timely given, all matters set forth in the Title Commitment and Survey, and not set forth in the Developer’s Notice, shall be deemed Permitted Exceptions. After receipt of Developer’s Notice, the Town shall have the right, at its election, to endeavor to cure Objections set forth on Developer’s Notice, and shall notify the Developer of such election within fifteen (15) days after the Town’s receipt of the Developer’s Notice. If the Town shall elect not to cure any Objection(s), the Developer, shall, within fifteen (15) business days after receiving an Election Not to Cure, elect in writing either (i) to terminate this Agreement, or (ii) to proceed to close on the Project Site subject to such Objection(s) as Permitted Exceptions. The Town shall use its best efforts to cure any Objection not named in the Town’s Election Not to Cure. Failure of the Developer to notify the Town of the Developer’s election within fifteen (15) days of receipt of the Town’s Election Not to Cure shall be deemed an election to proceed to close on the Project Site subject to such Objections as Permitted Exceptions.
If this Agreement is not terminated, then in the event (i) the Town shall fail to cure any such Objections, if any, not deemed Permitted Exceptions, as aforesaid, on or prior to the Closing, or (ii) further defects, liens, encumbrances, adverse claims, restrictions, rights-of-way, easements or other matters relating to the Town’s title to the Project Site arise, or are discovered after the effective date of the Title Commitment, and are not removed by the Town or approved in writing by the Developer on or before the date of Closing; the Town shall be in breach of this Agreement and the Developer shall have the right to terminate this Agreement by giving written notice to the Town. Upon any such termination, this Agreement shall be null and void and of no further force and effect, except for the provisions hereof that expressly survive termination. Notwithstanding the foregoing, the Town agrees to cure any mortgage, deed of trust, or other security interest or lien encumbering the Project Site and such items shall not be Permitted Exceptions.
4.4 Contingencies to Developer’s Obligations. As used herein, the “Inspection Period” shall mean the period from the Effective Date to the date that is sixty (60) days after the Effective Date. In addition to all other conditions to the Developer’s obligations hereunder, the Developer’s obligations hereunder shall be conditioned upon the occurrence or fulfillment of each of the following conditions or events within the time periods indicated for each.
SLC-6279224-9 9 4.4.1 Title Policy. The Developer receiving a Title Policy with only the Permitted Exceptions listed as exceptions on Schedule B thereof.
4.4.2 Closing Deliveries. The delivery to the Developer at, or prior to, Closing of each of the documents or instruments described in Section 4.5.2 hereof.
4.4.3 General Inspection. Prior to expiration of the Inspection Period, the Developer and the Developer’s representatives shall have made such inspections of the Project Site and shall have conducted or obtained such examinations, investigations, tests, environmental studies and other studies and reports of the Project Site, including, without limitation, investigations of utility availability, storm water flow, and site suitability, grading and fill requirements, as it shall deem desirable, and the results of any such examinations, investigations, tests, studies or reports shall be satisfactory to the Developer in the Developer’s sole discretion. The Town hereby agrees to permit the Developer or its representatives to enter the Project Site during the Inspection Period for such purposes; provided the Developer agrees to indemnify and hold harmless the Town for any damage or injury to property or person resulting from said inspection performed by Developer. The Developer shall repair any damage to the Project Site caused by any such entry.
4.4.4 Approvals. Prior to Closing, the Developer shall obtain: (i) all approvals required under Sections 2.2, 2.3, 2.4, 2.5, 2.6 and 2.7 hereof (collectively, the “Specific Building Approvals”); and (ii) all permits and approvals (including, without limitation, variances, building permits, sign approvals, architectural approvals and curb cut authorizations) from Governmental Authorities for the use and occupancy of the Project Site for the Developer’s intended use (the “General Building Approvals”).
4.4.5 Title Approvals. Prior to Closing, the Developer shall obtain all approvals, consents, amendments or clarifications in connection with any reciprocal easement agreement, subdivision covenants, or similar restriction encumbering the Project Site as necessary in the Developer’s opinion for the use and occupancy of the Project Site for the Developer’s intended use.
If any of the foregoing conditions are not fulfilled within the time periods indicated, or waived in writing by the Developer, then the Developer’s obligations under this Agreement shall be null and void and of no further force or effect. The conditions contained in this Section 4.4 are for the benefit of the Developer, and the Developer may, in its sole discretion, elect to waive any such contingency by written notice thereof given to the Town.
4.5 Closing. The conveyance of the Project Site shall be consummated as follows:
4.5.1 Closing Date. The closing of the conveyance of the Project Site from the Town to the Developer hereunder (the “Closing”) shall be held no later than the sixtieth (60th) day following the later of: (i) the Developer’s receipt of all of the Specific Building Approvals and the General Building Approvals, and (ii) the expiration of the Inspection Period (the “Closing Date”).
SLC-6279224-9 10 4.5.2 The Town’s Deliveries. At Closing, the Town shall deliver to the Developer the following:
(a) Deed. An executed recordable special warranty deed to the Project Site as set forth in Section 4.1 hereof. The Town hereby agrees to pay all costs, expenses, penalties, fees and premiums necessary to satisfy and discharge all mortgages, deeds of trust, or other security interests encumbering the Project Site.
(b) Title Policy. The title policy for the Project Site as provided for in Section 4.3.1 hereof.
(c) Authorization and Approvals. Such indicia of the Town’s authority to transfer the Project Site and related customary documents and instruments as may be reasonably requested by the Developer, or as may be required by the Title Insurer, in order to issue the Title Policy in a form acceptable to the Developer. At a minimum the Town shall shall provide a certificate confirming that all approvals necessary to close the conveyance of the Project Site have been obtained, including approval of this Agreement.
(d) Non-Foreign Affidavit. If required by the Title Insurer, an affidavit that the Town is not a foreign entity under IRC Section 1445 or other required reporting documentation.
(e) Title Affidavit. Affidavits as to rights of parties in possession and mechanics’ liens and claims as may be required by the Title Insurer in order to issue to the Developer the Title Policy as specified in Section 4.3.1.
(f) Other Documents. Any such other documents and instruments as are necessary to consummate the transaction contemplated by this Agreement.
4.5.3 The Developer’s Deliveries. At or prior to Closing, the Developer shall deliver to the Town the following:
(a) Insurance. Proof that policies of insurance of the types and coverages specified in Section 2.14 hereof have been obtained and are in force.
(b) Plans. Preliminary Plans, Final Site Plan and Construction Plans for the Project previously approved by the Town in accordance with Article II hereof.
(c) Construction Contracts. Executed construction contracts (with contractors reasonably acceptable to the Town) covering the construction of the Project.
(d) Declaration of Covenants, Uses and Restrictions. Declarations of Covenants, Uses and Restrictions in the form attached hereto as Exhibit 3 executed by the Developer.
SLC-6279224-9 11 (e) Notice to Proceed. A notice to proceed to the general contractor of the Project ("Notice to Proceed").
(f) Project Financing. Evidence of equity and/or debt financing for the Project in an amount sufficient to complete the Project.
(g) Closing Date Certificate. A certificate executed by the Developer to the effect that on and as of the Closing Date:
(i) All representations and warranties made by the Developer in this Agreement and all schedules, documents, certificates or exhibits given to the Town pursuant to this Agreement are true and correct in all material respects; and
(ii) All of the covenants and obligations to be performed on the part of the Developer under this Agreement as of the Closing Date have been timely and properly performed.
(h) Approvals. A certificate by the Developer that all approvals necessary to close the acquisition of the Project Site have been obtained including approval of this Agreement.
(i) Other Documents. Any such other documents and instruments as are necessary to consummate the transaction contemplated by this Agreement.
(j) Purchase Price. The agreed upon purchase price in United States dollars.
4.5.4 Joint Deliveries. At Closing, the Town and the Developer shall jointly deliver to each other the following:
(a) Closing Statement. An agreed upon executed closing statement.
(b) Transfer Tax Filings. Executed documents complying with the provisions of all federal, state, county and local law applicable to the determination of transfer taxes.
(c) Reciprocal easements as mutually agreed. The Parties agree to cooperate with one another in order to develop reciprocal easement agreements and other mutually beneficial documents designed to reflect the common need for access, maintenance, and reasonable use of the other’s property for the benefit of the Project and the adjacent College Avenue Parking Deck. Developer shall pay fair market value for all easements benefiting Developer. All easement documents shall be delivered at closing. In the event the parties cannot reach agreement regarding the terms and conditions of such easement and maintenance agreements then either party may terminate this agreement or defer closing for a mutually agreeable
SLC-6279224-9 12 period of time in order to reach agreement concerning such documents.
4.5.5 Possession. Sole and exclusive possession of the Project Site shall be delivered to the Developer on the Closing Date.
4.5.6 Property Taxes. All real property taxes with respect to the Project Site for the period up to and including the Closing Date shall be the responsibility of the Town. All real property taxes with respect to the Project Site for the period commencing on the Closing Date shall be the responsibility of the Developer. The Town hereby represents and warrants to the Developer that the Project Site is currently exempt from real property taxes by virtue of the Town’s ownership thereof; therefore, there shall be no tax proration at Closing. If after Closing the Developer receives a real property tax bill for the Project Site that charges real property taxes for any period up to and including the Closing Date, the Town shall, within ten (10) days of the Town’s receipt of a copy of such tax bill from the Developer, reimburse the Developer for all real property taxes charged with respect to the period up to and including Closing. The Town’s obligations hereunder shall survive Closing. If the tax parcel containing the Project Site also contains other property, then to calculate such reimbursement, a portion of the land value for such tax parcel will be attributed to the Project Site based on the ratio of the square footage of the Project Site to the square footage of the tax parcel.
4.5.7 Closing Costs. The Town shall pay the following costs: the Town’s attorney’s fees, the insurance premium for the Title Policy up to the Land Value, any and all transfer taxes or sales taxes and the cost of documentary stamps, one-half of the Title Insurer’s closing fee, and any fees for releasing mortgages or other title encumbrances that are not Permitted Exceptions. The Developer shall pay the following costs: the Developer’s attorneys’ fees and fees for recording the deed, the insurance premium for the Title Policy for any coverage beyond the Land Value, along with the premium for any and all endorsements desired by the Developer, and one-half of the Title Insurer’s closing fee. The Town hereby represents and warrants to the Developer that there are no utilities fees, special assessments, subdivision assessments or other costs or payment obligations arising from the Project Site prior to Closing, but billed or payable after Closing.
4.5.8 Brokerage Commissions. The Town represents to the Developer that no real estate broker was engaged by the Town with regard to this transaction. The Developer represents to the Town that no real estate broker was engaged by the Developer with regard to this transaction. Each party (the “Indemnifying Party”) agrees to indemnify and hold the other harmless against any brokerage commissions due to any real estate broker claiming to have been engaged by the Indemnifying Party with regard to this transaction.
ARTICLE V CONDITIONS PRECEDENT TO TOWN OBLIGATIONS AND ONGOING BENEFITS
5.1 Conditions Precedent to Transaction. The Town’s obligations under this Agreement shall be subject to the Developer’s compliance with the Act and with its obligations pursuant to this Agreement.
SLC-6279224-9 13 ARTICLE VI OPERATION OF THE PROJECT
6.1 Operation and Maintenance of the Project. The Developer for itself, and its successors and assigns covenants, that it will maintain the Project Site and all improvements thereon in good condition (reasonable wear and tear excepted) through the period provided under (and subject to the limitations contained in) Section 7.4. The Developer shall operate the Project in a professional manner and will do all things reasonably necessary to operate the Project in substantial compliance with Applicable Law.
ARTICLE VII DEVELOPER COVENANTS AND RESTRICTIONS
7.1 Project Subject to Redevelopment Plan and Agreement. The Developer agrees to comply with the terms and conditions of this Agreement and to use its best efforts to construct the Project subject to the terms, covenants, building and use restrictions, and other conditions in the Redevelopment Plan and this Agreement.
7.2 Non-discrimination. The Developer shall not discriminate in violation of any applicable federal, state or local laws or regulations upon the basis of race, color, religion, sex, age, or national origin or other applicable factors in the sale, lease or rental, or in the use or occupancy of the Project or any part thereof.
7.3 Property Taxes. Developer acknowledges that the Town, in executing this Agreement, has relied upon its reasonable expectation that the construction and operation of the Project will increase the amount of real property taxes with respect to the Project and the Project Site. The Developer covenants that in the event it applies for, seeks, or authorizes any exemption from the imposition of general real property taxes on the Project or Project Site, or any portion thereof, and, as a result thereof, the property taxes are not or will not be paid with respect to the Project or the Project Site, or a portion thereof, the Developer as an agreed form of liquidated damages to town, not less than sixty (60) days after written notice by the Town to the Developer, shall reimburse the Town for the projected lost property taxes which would have otherwise been paid based on the most current Assessed Value of the Project Site, through the tax period ending December 31, 2026. Notwithstanding the above, if, within sixty (60) days following the receipt of the written notice from the Town to the Developer, the Developer takes such action as is necessary to void such application for, attempt to obtain, or authorization of such exemption from the imposition of general real property taxes on the Project or the Project Site, or a portion thereof, the Town’s entitlement to liquidated damages as described above shall be deemed null and void, and the Developer shall not be obligated to pay such damages. Nothing herein shall be construed so as to prevent the Town from enforcing any other rights it may have pursuant to this Agreement.
Also, nothing herein shall be construed so as to prevent the Developer from otherwise contesting the assessment or collection of any real property taxes under procedures set forth in the laws of the State of Illinois or any political subdivision thereof; provided, however, that the Developer covenants and agrees that nothing contained herein shall relieve the Developer from complying with all laws, rules and regulations of the State of Illinois and any political subdivision thereof pertaining to the levy and collection of said general real estate taxes. The parties acknowledge and agree that the Developer shall not be in violation of the foregoing, and nothing herein shall be construed to make the Developer liable in any way if the Project or Project Site becomes fully or partially
SLC-6279224-9 14 exempt from the imposition of general real property taxes as the result of any special taxing district or similar program initiated by third parties without the Developer’s consent, and the Developer shall have no obligation to oppose such actions. This Section 7.3 shall be an obligation of the Developer (or assignee of the Developer or subsequent Owner of the Project or Project Site or any portion thereof, as the case may be) only during the period that the Developer (or assignee of the Developer or subsequent Owner of the Project or Project Site or any portion thereof, as the case may be) owns a direct or indirect interest in the Project or Project Site, or any portion thereof.
7.4 Duration of Covenants. It is intended and agreed that the covenants provided in Sections 6.1, 7.1 and 7.3 of this Agreement shall remain in effect until the earlier of (i) termination of the Redevelopment Plan, or (ii) December 31, 2026; and that the covenants provided in Section 7.2 hereof shall remain effective without any time limitation; provided, that all such covenants shall be binding on the Developer only for such period as the Developer maintains a direct interest in the Project Site or the Project, or a part thereof (excluding, for example, an interest therein solely as a creditor or mortgagee), and only with respect to such direct interest in the Project Site or the Project or part thereof.
7.5 Covenants Running with the Land. Subject to Section 7.4, it is intended and agreed that the covenants set forth in Sections 7.1 through 7.3 above shall be covenants running with the land and that they shall, in any event, be binding to the fullest extent permitted by law and equity, for the benefit, and in favor, of and enforceable by the Town, and with regard to Section 7.2 hereof, the Town, the State of Illinois and the United States of America.
7.6 Covenants Binding for the Benefit of Town. Subject to Section 7.4, it is also intended and agreed that the foregoing covenants set forth in Sections 7.1 through 7.3 above shall in any event, and without regard to technical classification or designation as legal or otherwise be, to the fullest extent permitted by law and equity, binding for the benefit of the Town, and enforceable by the Town, the State of Illinois and the United States of America as provided in Section 7.5.
7.7 Forms of Covenants and Restrictions. Certain of the covenants, uses and restrictions referred to in this Article shall substantially be in the form of the Declaration of Covenants, which shall be executed and recorded with the McLean County Recorder of Deeds on or before the date that the Developer commences construction of the Project.
ARTICLE VIII INDEMNIFICATION
8.1 The Developer’s Indemnification of the Town. So long as the Developer maintains a direct interest in the Project or Project Site or any part thereof (excluding, for example, an interest therein solely as a creditor or mortgagee), the Developer agrees to indemnify and save the Town and its officers, agents, employees and attorneys harmless against all claims by or on behalf of any person, firm or corporation arising from (i) the Developer’s operation or management of the Project, or from any work or thing done by the Developer on the Project Site, or any work or activity of the Developer connected to the construction of the Project; (ii) any breach or default on the part of the Developer in the performance of any of its obligations under or in respect of this Agreement; (iii) any act of negligence or willful or wanton misconduct of the Developer or any of its agents, contractors, servants or employees; (iv) any violation by the Developer of any easements,
SLC-6279224-9 15 conditions, restrictions, building regulations, zoning ordinances, environmental regulations or land use regulations affecting the Project Site or the Project; (v) any violation of Applicable Law; or (vi) any violation by the Developer of state or federal securities law in connection with the offer and sale of interests in the Developer, its affiliates or any part of the Project. The Developer agrees to indemnify and save the Town harmless from and against all costs and expenses incurred in, or in connection with, any such claim arising as aforesaid or in connection with any action or proceeding brought thereon. In case any such claim shall be made or action brought based upon any such claim in respect of which indemnity may be sought against the Developer, upon receipt of notice in writing from the Town setting forth the particulars of such claim or action, the Developer shall assume the defense thereof including the employment of counsel and the payment of all reasonable costs and expenses. The Town shall have the right to employ separate counsel in any such action and to participate in the defense thereof, but the fees and expenses of such counsel shall be at the expense of the Town. It is agreed and understood that the aforesaid indemnities in this Article VIII shall be binding on the Developer only for such period as the Developer maintains a direct interest in the Project or Project Site or part thereof (excluding, for example, a direct interest therein solely as a creditor or mortgagee), and only with respect to such direct interest in the Project or Project Site or part thereof. Provided, notwithstanding the foregoing, the Developer shall not be liable to indemnify and hold the Town harmless from any portion of any such loss, liability, cost or expense which results from the negligence or willful misconduct of the Town, its officials, agents, or employees. The provisions of this Section shall survive Closing.
8.2 Town Indemnification of the Developer. To the extent not prohibited by law, the Town of Normal, so long as the Developer maintains a direct interest in the Project or Project Site or any part thereof (excluding, for example, an interest therein solely as a creditor or mortgagee), shall indemnify and hold harmless the Developer arising from any and all claims, damages, costs, and expenses, including without limitation, attorney’s fees caused by the Town of Normal or any of its agents, contractors, officials or employees arising from: (i) any act of negligence or willful and wanton misconduct of the Town or any of its agents, contractors, officials or employees; (ii) any breach or default on the part of the Town in the performance of any of its obligations under or in respect of this Agreement; or (iii) any violation of Applicable Law. The Town agrees to indemnify and save the Developer harmless from and against all costs and expenses incurred in, or in connection with, any such claim arising as aforesaid or in connection with any action or proceeding brought thereon. In case any such claim shall be made or action brought based upon any such claim in respect of which indemnity may be sought against the Town, upon receipt of notice in writing from the Developer setting forth the particulars of such claim or action, the Town shall assume the defense thereof including the employment of counsel and the payment of all reasonable costs and expenses. The Developer shall have the right to employ separate legal counsel in any such action and to participate in the defense thereof, but the fees and expenses of such counsel shall be at the expense of the Developer. Notwithstanding the foregoing, the Town of Normal retains any and all defenses and immunities provided by the Local Governmental and Governmental Employees Tort Immunity Act, 745 ILCS 10/1-101, et seq. In addition, neither party intends this paragraph to waive its rights to limited liability under the Illinois Workers’ Compensation Act or the Kotecki line of cases. Provided further, notwithstanding the foregoing, the Town shall not be liable to indemnify and hold the Developer harmless from any portion of any such loss, liability, cost or expense which results from the
SLC-6279224-9 16 negligence or willful misconduct of the Developer, its officials, agents, or employees. The provisions of this Section shall survive Closing.
ARTICLE IX PROHIBITIONS AGAINST ASSIGNMENT AND TRANSFER
9.1 Prohibition Against Transfer of Project and Project Site Prior to Completion of Construction. The Developer represents and agrees that prior to the Substantial Completion of construction of the Project as certified by the Town (in accordance with Sections 2.10 and 2.11 hereof) the following prohibitions and restrictions shall apply to the transfer of the Project or Project Site:
9.1.1 Prohibitions. Except only by way of security for a mortgage, deed of trust or other facility, and only for the purpose of obtaining equity or debt financing necessary to enable the Developer to purchase the Project Site and construct the Project, the Developer has not made or created, and will not prior to the Substantial Completion of construction of the Project as certified by the Town, without the prior approval of the Town, make or create, or suffer to be made or created, any total or partial sale, assignment, conveyance, lease, or any trust or power, or transfer in any other mode or form, or with respect to the Agreement, the Project, the Project Site or any part thereof, or any interest therein, or any contract agreement to do any of the same, except for utility, support, ingress and egress and similar easements. The Town shall approve, or disapprove, in writing, any proposed sale, assignment, conveyance, lease, trust or power or transfer within sixty (60) days of the Town’s receipt of all items the Town requires pursuant to Section 9.1.2 below.
9.1.2 Conditions for Approval. The Town shall be entitled to require, except as otherwise provided in this Agreement, as conditions to any such approval pursuant to this Section 9.1, that:
(a) Any proposed transferee shall have the qualifications and financial responsibility and capacity, as reasonably determined by the Town, necessary and adequate to fulfill the obligations undertaken in this Agreement by the Developer (or, in the event the transfer is of or related to part of the Project, such obligations to the extent that they relate to such part).
(b) Any proposed transferee, by instrument in writing reasonably satisfactory to the Town and in a form recordable among the land records, shall expressly assume all of the obligations of the Developer under this Agreement and agree to be subject to all the conditions and restrictions to which the Developer is subject (or, in the event that the transfer is of, or relates to, part of the Project, such obligations, conditions, and restrictions to the extent that they relate to such part). Provided, the fact that any transferee of, or any other successor in interest whatsoever to, the Project, or any part thereof, shall not have assumed such obligations or so agreed, shall not (unless and only to the extent otherwise specifically provided in the Agreement or agreed to in writing by the Town) relieve or except such transferee or successor of or from such obligations, agreements, conditions, or restrictions, or deprive or limit the Town of, or with respect to, any rights or remedies or controls
SLC-6279224-9 17 with respect to the Project or the construction thereof; it being the intent of this, together with other provisions of this Agreement, that (to the fullest extent permitted by law and equity, and excepting only in the manner and to the extent specifically provided otherwise in this Agreement) no transfer of the Project or Project Site or any part thereof, or any interest therein, however consummated or occurring, and whether voluntary or involuntary, shall operate legally or practically, to deprive or limit the Town of any rights or remedies or controls regarding the Project and the construction thereof that the Town would have, had there been no such transfer.
(c) There shall be submitted to the Town for review all instruments and other legal documents involved in effecting the transfer.
(d) The Developer and its transferee shall comply with such other reasonable conditions as the Town may find desirable in order to achieve and safeguard the purposes of the Redevelopment Plan and this Agreement.
(e) The consideration payable for the transfer or assignment by the transferee or assignee, or on its behalf, shall not exceed an amount representing the actual cost (including carrying charges) to the Developer of the Project (or allocable part) and the purpose of this provision is to preclude assignment of this Agreement or transfer of the Project or the Project Site (or any parts thereof) for pecuniary gain or profit prior to Substantial Completion of the Project and to provide that in the event any such assignment or transfer is made (and is not cancelled), the Town shall be entitled to increase the purchase price of the Project Site to the Developer by the amount that the consideration payable for the assignment or transfer is in excess of the amount that may be authorized pursuant to this Section 9.1.2(e) and such consideration shall, to the extent it is in excess of the amount so authorized, belong to and forthwith be paid to the Town at the same time as or prior to the transfer.
9.1.3 No Release of Developer. Any consent by the Town pursuant to this Section 9.1 to any total or partial transfer of the Project or the Project Site prior to Substantial Completion shall not be deemed a release of the Developer from any of its obligations hereunder, or from any conditions or restrictions to which the Developer is subject, unless the Developer is expressly released in writing by the Town.
9.2 Transfer of Project and Project Site After Completion of Construction. After completion of construction of the Project as certified by the Town (in accordance with Sections 2.10 and 2.11 hereof), the Developer (and any subsequent owner of the Project or Project Site, or any part thereof) may transfer the Project or Project Site (or any portion thereof) without the consent of the Town by instrument in writing reasonably satisfactory to the Town, and in a form recordable among the land records, pursuant to which the transferee shall expressly assume all of the obligations of the Developer under this Agreement and agree to be subject to all the conditions and restrictions to which the Developer is subject (or, in the event that the transfer is of, or relates to, part of the Project, such obligations, conditions and restrictions to the extent that they relate to such part). The Town shall confirm in writing whether a proposed instrument of transfer is
SLC-6279224-9 18 satisfactory to the Town within thirty (30) days of the Town’s receipt thereof. Provided, the fact that any transferee of, or any other successor in interest whatsoever to, the Project, or any part thereof, shall not have assumed such obligations or so agreed, shall not (unless and only to the extent otherwise specifically provided in the Agreement or agreed to in writing by the Town) relieve or except such transferee or successor of, or from, such obligations, agreements, conditions, or restrictions, or deprive or limit the Town of, or with respect to, any rights or remedies or controls with respect to the Project or the construction thereof; it being the intent of this, together with other provisions of this Agreement, that (to the fullest extent permitted by law and equity and excepting only in the manner and to the extent specifically provided otherwise in this Agreement) no transfer of the Project or Project Site or any part thereof, or any interest therein, however consummated or occurring, and whether voluntary or involuntary, shall operate legally or practically, to deprive or limit the Town of any rights or remedies or controls regarding the Project and the construction thereof that the Town would have, had there been no such transfer. Following Substantial Completion of the Project the obligations under this Agreement shall be obligations of the Developer (or assignee of the Developer, or subsequent Owner, of the Project or Project Site or any portion thereof, as the case may be) only during the period that the Developer (or assignee of the Developer or subsequent Owner of the Project or Project Site or any portion thereof, as the case may be) owns a direct or indirect interest in the Project or Project Site or any portion thereof.
9.3 Status of Assignee. Any assignee of the Developer under the provisions hereof shall be considered the “Developer” for all purposes of this Agreement.
9.4 Assignment to Affiliated Entity. Nothing herein shall be construed to prevent the Developer from assigning its interest in this Agreement to an affiliated entity owned or controlled by the Developer, or a majority of the owners of the Developer, or to an entity with which the Developer is merging or which results from such merger, provided that such entity has the financial capacity to perform the obligations of the Developer pursuant to this Agreement, and such entity in writing assumes such obligations and conditions in compliance with the terms and conditions set forth in Section 9.1.2(a) through 9.1.2(d) of this Agreement.
ARTICLE X DEFAULT AND REMEDIES
10.1 Events of Default. The following shall be events of default (“Events of Default”) with respect to this Agreement:
10.1.1 Representations. If any material representation made by the Developer or the Town in this Agreement, or in any certificate, notice, demand or request made by the Developer or the Town in writing and delivered to the other party pursuant to or in connection with any of said documents shall prove to be untrue or incorrect in any material respect as of the date made; or
10.1.2 Breach. Breach by the Developer or the Town of any material covenant, warranty or obligation set forth in this Agreement.
10.2 Remedies Upon Default. In the case of an Event of Default by either party hereto, or any successors to such party, such party or successor shall, upon written notice from the other party, take immediate action to cure or remedy such Event of Default within thirty (30) days after receipt of such notice (or within a reasonable time if the Event of Default
SLC-6279224-9 19 cannot be diligently cured within such thirty (30) day period). If, in such case, action is not taken, or not diligently pursued, or the Event of Default shall not be cured or remedied within a reasonable time, the aggrieved party may institute such proceedings as may be necessary or desirable in its opinion to cure or remedy such Event of Default, including, but not limited to, proceedings to compel specific performance by the party in default of its obligations or proceedings for monetary damages.
In case the Town or the Developer shall have proceeded to enforce its rights under this Agreement and such proceedings shall have been discontinued or abandoned for any reason, or shall have been determined adversely to the party initiating such proceedings, then, and in every such case, the Developer and the Town shall be restored respectively to their several positions and rights hereunder, and all rights, remedies and powers of the Developer and the Town shall continue as though no such proceedings had been taken.
10.3 Other Rights and Remedies of Town and Developer: Delay in Performance Waiver.
10.3.1 No Waiver by Delay. Any delay by the Town or the Developer in instituting or prosecuting any actions or proceedings or otherwise asserting their rights under this Agreement shall not operate to act as a waiver of such rights or to deprive them of, or limit, such rights in any way (it being the intent of this provision that the Town or the Developer should not be constrained so as to avoid the risk of being deprived of, or limited in, the exercise of the remedies provided in this Agreement because of concepts of waiver, laches or otherwise); nor shall any waiver, in fact made, by the Town or the Developer with respect to any specific Event of Default by the Developer or the Town under this Agreement be considered or treated as a waiver of the rights of the Town or the Developer under this Section or, with respect to any Event of Default, under any section in this Agreement, or with respect to the particular Event of Default, except to the extent specifically waived in writing by the Town or the Developer.
10.3.2 Rights and Remedies Cumulative. Subject to Section 10.2, the rights and remedies of the parties to this Agreement (or their successors in interest), whether provided by law or by this Agreement, shall be cumulative, and the exercise by either party of any one or more of such remedies shall not preclude the exercise by it, at that time or different times, of any other such remedies for the same Event of Default by the other party. No waiver made by either party with respect to the performance, nor the manner or time thereof, or any obligation of the other party or any condition to its own obligation under the Agreement shall be considered a waiver of any rights of the party making the waiver with respect to the particular obligation of the other party, or condition to its own obligation, beyond those expressly waived in writing, and to the extent thereof, or a waiver in any respect in regard to any other rights of the party making the waiver or any other obligations of the other party.
10.3.3 Delay in Performance. For the purposes of any of the provisions of this Agreement, except with regard to payment of real estate taxes as provided herein, neither the Town, nor the Developer, as the case may be, nor any successor in interest, shall be considered in breach of, or in default of, any of its obligations hereunder, including without limitation those with respect to the beginning and completion of construction of the Project or progress in respect thereto, in the event of enforced delay in the performance of such obligation due to
SLC-6279224-9 20 unforeseeable causes beyond its control and without its fault or negligence, including, but not restricted to, acts of God, acts of the public enemy, acts of federal, state or local government, acts of the federal or state judiciary, acts of the other party, fires, floods, epidemics, quarantine restrictions, strikes, embargoes, acts of nature, unusually severe weather, labor strikes or disruptions, materials shortages or delays of subcontractors due to such causes; it being the purposes and intent of this provision that in the event of the occurrence of any such enforced delay, the time or times for performance of the applicable obligations of the Town or the Developer shall be extended for the period of the enforced delay. Provided, that the party seeking the benefit of the provisions of this Section, shall within thirty (30) days after the beginning of any such enforced delay have first notified the other party thereof in writing, of the cause or causes thereof, and requested an extension of the period of enforced delay. Such extensions of schedule shall be memorialized in writing by the parties hereto in a reasonably acceptable form, which may include, without limitation, an amendment to this Agreement.
ARTICLE XI TERMINATION OF AGREEMENT
11.1 Termination by the Town. The Town has the right to terminate this Agreement upon ten (10) days prior written notice to the Developer if:
(a) The Developer fails to commence construction of the Project within twenty-four (24) months from the later of the Effective Date, and the date the Developer has received all Specific Building Approvals and all General Building Approvals;
(b) The Town and Developer fail to reach an agreement on the terms and conditions of easements and maintenance agreements pursuant to Section 4.5.4 above;
(c) Any Event of Default by the Developer is not cured within the time frame set forth in Article X above, subject to Section 10.2.
11.2 Termination by the Developer. The Developer has the right to terminate this Agreement upon ten (10) days prior written notice to the Town if:
(a) The Initial Plans are not accepted within the required time frames pursuant to Sections 2.2 and 2.3 above;
(b) The Preliminary Plans are not accepted within the required time frames pursuant to Sections 2.4 and 2.5 above; and
(c) The Town and Developer fail to reach an agreement on the terms and conditions of easements and maintenance agreements pursuant to Section 4.5.4 above;
(d) The Town fails to adopt a zoning classification which permits the use of the Project as intended by this Agreement;
SLC-6279224-9 21 (e) Any Event of Default by the Town is not cured within the time frame set forth in Article X above.
ARTICLE XII REPRESENTATIONS OF THE DEVELOPER
The Developer represents, warrants and agrees as the basis for the undertakings on its part herein contained that:
12.1 Organization. The Developer is an Illinois limited liability company, and is in good standing.
12.2 Authorization. The Developer has power to enter into, and by proper action is duly authorized to execute, deliver and perform this Agreement.
12.3 Non-Conflict or Breach. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby, nor the fulfillment of or compliance with the terms and conditions of this Agreement, conflicts with or results in a breach of any of the terms, conditions or provisions of any restriction, agreement or instrument to which the Developer is now a party or by which the Developer is bound.
12.4 Pending Lawsuits. There are no lawsuits either pending or, to the Developer’s knowledge, threatened that would affect the ability of the Developer to proceed with the construction and development of the Project on the Project Site.
12.5 Location of Project. The Project will be located within the Project Site.
12.6 Conformance with Requirements. The Developer represents and warrants that the Construction Plans and construction of the Project in accordance with the Construction Plans will in all respects conform to, and comply with, all recorded covenants, conditions, and restrictions, zoning ordinances, environmental regulations and land use regulations affecting the Project Site.
ARTICLE XIII REPRESENTATIONS OF THE TOWN
The Town represents, warrants and agrees as a basis for the undertakings on its part contained herein that:
13.1 Organization and Authorization. The Town is a municipal corporation organized and existing under the laws of the state of Illinois, and has the power to enter into and by proper action has been duly authorized to execute, deliver and perform this Agreement.
13.2 Redevelopment Plan. The Redevelopment Plan (including the Redevelopment Area set forth therein) has been properly formed, adopted and approved by the Town in accordance with Illinois law and is in full force and effect.
13.3 Non-Conflict or Breach. Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby, nor the fulfillment of or compliance with the terms and conditions of this Agreement, conflicts with or results in a breach of any of the terms, conditions or provisions of any restriction, agreement or instrument to which the Town is now a party or by which the Town is bound.
SLC-6279224-9 22 13.4 Pending Lawsuits. There are no lawsuits either pending or, to the Town’s knowledge, threatened that would affect the ability of the Town to perform this Agreement.
13.5 Town’s Ownership. The Town is the owner in fee simple of the Project Site, and the Town is not Developerrupt or insolvent.
13.6 Violations of Law. The Town has not received notice, written or otherwise, from any Governmental Authority, and is not aware of any pending Governmental Authority notification, of any violations or alleged violations of law not cured which affect the Project Site, or written notice of any actions, proceedings or investigations which would affect the Project Site, and the Town has not received notice of, and is not aware of, any pending or threatened eminent domain action.
13.7 No Tenancies. There are, and as of Closing there shall be, no tenancies or occupancies affecting the Project Site.
ARTICLE XIV MISCELLANEOUS
14.1 Authorized Representatives.
14.1.1 Developer. By complying with the notice provisions hereof, the Developer shall designate an authorized representative from time to time, who shall communicate with the Town on behalf of the Developer. Such representative shall not have the authority to make agreements on behalf of the Developer.
14.1.2 Town. By complying with the notice provisions hereof, the Town shall designate an authorized representative from time to time, who shall communicate with the Developer on behalf of the Town. Such representative shall not have the authority to make agreements on behalf of the Town.
14.2 Entire Agreement. The terms and conditions set forth in this Agreement and exhibits attached hereto supersede all prior oral and written understandings and constitute the entire agreement between the Town and the Developer with respect to the subject matter hereof.
14.3 Binding Upon Successors in Interest. This Agreement shall be binding upon all the parties hereto and their respective heirs, successors, administrators, assigns or other successors in interest.
14.4 Titles of Paragraphs. Titles of the several parts, paragraphs, sections or articles of this Agreement are inserted for convenience of reference only, and shall be disregarded in construing or interpreting any provision hereof.
14.5 Notices. Notices or demands hereunder shall be in writing and shall be served (a) by personal delivery; (b) by United States certified mail, return receipt requested; or (c) overnight commercial package courier providing confirmation of delivery, in all cases addressed as follows:
SLC-6279224-9 23 If to the Town: If to the Developer: G Block Apartments, LLC Town Clerk c/o Elizabeth B. Megli Town Hall 115 W. Jefferson Street 100 East Phoenix Ave. Bloomington, IL 61701 Normal, IL 61761
With a copy to: With a copy to: Director of Downtown Development Town Hall 100 East Phoenix Ave. Normal, IL 61761
or to the last known address of either party or to the address provided by any assignee if such address has been given in writing. Each party shall have the right to change its address for notices by written notice to the other party to such effect. Notice shall be deemed given upon receipt for personal delivery, upon the next business day after deposit with overnight courier or on the third business day after deposit in the U.S. Mail.
14.6 Severability. If any provision of this Agreement is held to be invalid, the remainder of this Agreement shall not be affected thereby, unless a court of competent jurisdiction finds that such invalid provision was so essential that a party would not have agreed to the remainder of this Agreement without it, in which case this Agreement shall terminate.
14.7 Memorandum of Agreement. At either party’s request, the parties shall execute and record a Memorandum of Agreement with respect to the Project and the Project Site in the form attached as Exhibit 4.
14.8 Further Assistance and Corrective Instruments. The Town and the Developer agree that they will, from time to time, execute, acknowledge and deliver, or cause to be executed, acknowledged and delivered, such supplements hereto and such further instruments as may reasonably be required by the parties hereto for carrying out the intention of or facilitating the performance of this Agreement.
SLC-6279224-9 24 IN WITNESS WHEREOF, the parties hereto have executed this Agreement and caused their respective seals to be affixed and attested thereto as of the date first above written.
TOWN OF NORMAL G Block Apartments, LLC
By: By: Its Mayor Print Name:
Date: Title:
Date: Attest: Its City Clerk Attest:
By: Print Name: Title:
SLC-6279224-9 25
TOWN OF NORMAL/ COMMERCE DEVELOPER, N.A. REDEVELOPMENT AGREEMENT
EXHIBITS
1. Project Site 2. Project Description 3. Declaration of Covenants, Uses and Restrictions 4. Memorandum of Agreement
SLC-6279224-9 26 EXHIBIT 1
Project Site
All of Lot 5 in Resubdivision Lot 3 Bank of Illinois Subdivision, Normal, McLean County, Illinois.
SLC-6279224-9 27 EXHIBIT 2
Project Description
The project shall consist of a _____ story mixed use commercial/retail and residential apartment building of approximately ______square feet. The project will be designed as “liner housing” and will be permanently attached to the adjacent College Avenue Parking Deck.
SLC-6279224-9 28 EXHIBIT 3
Prepared By:
Jack B. Teplitz Jack B. Teplitz & Associates 331 Fulton St., Ste. 525 Peoria, Illinois 61602
After recording return to:
Steven Mahrt Corporation Counsel Town of Normal 100 E. Phoenix PO Box 589 Normal, Illinois 61761
DECLARATION OF COVENANTS, USES AND RESTRICTIONS
G Block Apartments, LLC (the “Declarant”), is the owner of certain real property located in the Town of Normal, the County of McLean, the State of Illinois, more fully described in Exhibit A attached hereto and made a part hereof (the “Project Site”).
The Declarant has entered into a Redevelopment Agreement (the “Agreement”) dated as of ______, 2011, with the Town of Normal (“Town”). The Agreement provides that the Declarant shall develop a Project as described in the Agreement (the “Project”) on the Project Site, which Project will further the development of the Town of Normal, Illinois Downtown Renewal Tax Increment Redevelopment Plan adopted by the Town on February 24, 2003, as amended by the First Amendment to the Town of Normal Uptown Renewal Tax Increment Redevelopment Plan dated April 22, 2010 (collectively the “Plan”). The Plan was recorded with the McLean County Recorder on ______, 2003 as Document No. ______. For the purpose of enhancing and protecting the value, the attractiveness and the desirability of the Project as developed pursuant to the terms of the Agreement; for the purpose of protecting the rights of the Town pursuant to the terms of the Agreement; and for the purpose of enhancing and protecting the purposes of the Plan as aforementioned, the Declarant hereby declares that all of the Project and Project Site and each part thereof shall be held, sold, and conveyed only subject to the following covenants, uses and restrictions, which shall constitute covenants running with the land and shall be binding on all parties having any rights, title or interest in said property or any part thereof, their heirs, successors and assigns, and shall inure to the benefit of each owner thereof.
1. The Project Site and the Project shall be subject to the Agreement and the terms, covenants, building and use restrictions, and conditions in the Plan.
2. The Declarant agrees that the Declarant shall not discriminate in violation of any applicable federal, state or local laws or regulations upon the basis of race, color, religion, sex, age, national origin or other applicable factors in the sale, lease or rental, or in the use or occupancy of the Project Site or Project or any part thereof.
SLC-6279224-9 29 3. The Declarant covenants that in the event that it applies for, seeks, or authorizes any exemption from the imposition of general real property taxes on the Project or Project Site, or any portion thereof and, as a result thereof, the property taxes are not or will not be paid with respect to the Project or the Project Site, or a portion thereof, the Declarant, not less than sixty (60) days after receiving written notice from the Town to the Declarant, shall reimburse the Town for the projected lost property taxes which would have otherwise been paid based on the most current Assessed Value of the Project Site, through the tax period ending December 31, 2026. Nothing herein shall be construed to prevent Declarant from contesting the assessment or collection of any taxes under statutory procedures set forth in the laws of the State of Illinois or any political subdivision thereof.
GENERAL PROVISIONS
4. It is intended and agreed that the covenants provided in Sections 1 and 3 of this Declaration shall remain in effect until the earlier of (i) termination of the Plan or (ii) December 31, 2026; and that the covenants provided in Section 2 of the Declaration shall remain effective without any time limitation; provided, that all such covenants shall be binding on the Declarant only for such period as the Declarant maintains a direct ownership interest in the Project Site or Project or part thereof (excluding, for example, an interest therein solely as a creditor or mortgagee), and only with respect to such direct ownership interest in the Project Site or Project or part thereof. The termination of the covenants in Sections 1, 2 and 3 shall be effective upon the happening of the events described in this Section 4 without any further action by either Declarant or the Town and without the recording of any release or other document, provided however that the Town agrees to deliver an executed recordable confirmation of such termination upon request by Declarant.
5. Subject to Section 4 above, it is intended and agreed that the covenants set forth in Sections 1 through 3 above shall be covenants running with the land and that they shall, in any event and without regard to technical classification or designation as legal or otherwise, be binding to the fullest extent permitted by law and equity, for the benefit and in favor of and enforceable by the Town; and with regard to Section 2 above, be enforceable by the Town, the State of Illinois, and the United States of America.
6. Failure by the Town, or as the case may be, by the State of Illinois or the United States of America to enforce any covenant or restriction herein contained, shall in no event be deemed a waiver of the right to do so thereafter.
7. Invalidation of any one of these covenants or restrictions by judgment or court order, shall in no way affect any other provisions, which shall remain in full force and effect.
8 Covenants and restrictions of this Declaration may be amended by the Declarant only by duly recording an instrument, executed and acknowledged by the Town.
SLC-6279224-9 30 Executed on the date first above written.
TOWN OF NORMAL G Block Apartments, LLC
By: ______By: Its Mayor Print Name:
Attest: ______Title: Its City Clerk
STATE OF ILLINOIS ) ) SS. COUNTY OF MCLEAN )
I, the undersigned, a Notary Public in and for said County and State aforesaid, DO HEREBY CERTIFY that and , personally known to me to be the Mayor and City Clerk, respectively, of the Town of Normal, an Illinois municipal corporation, and personally known to me to be the same persons whose names are subscribed to the foregoing instrument as such Mayor and City Clerk, respectively, appeared before me this day in person and severally acknowledged that they signed, sealed and delivered the said instrument as their free and voluntary act as such Mayor and City Clerk, respectively, and as the free and voluntary act of said municipal corporation for the uses and purposes therein set forth; and on their respective oaths stated that they were duly authorized to execute said instrument.
GIVEN under my hand and notarial seal this ____ day of ______, 2011.
Notary Public (SEAL)
SLC-6279224-9 31 STATE OF ILLINOIS ) ) SS. COUNTY OF ______)
I, the undersigned, a Notary Public in and for said County and State aforesaid, DO HEREBY CERTIFY that ______, personally known to me to be the ______of G Block Apartments, LLC, and personally known to me to be the same person whose name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he signed and delivered the said instrument as his free and voluntary act as such ______, and as the free and voluntary act of Rodney Poole and Associates for the uses and purposes therein set forth; and on his respective oath stated that he was duly authorized to execute said instrument.
GIVEN under my hand and notarial seal this _____ day of ______, 2011.
Notary Public
SLC-6279224-9 32 Exhibit A to Declaration of Covenants, Uses and Restrictions
Project Site
All of Lot 5 in Resubdivision Lot 3 Bank of Illinois Subdivision, Normal, McLean County, Illinois.
SLC-6279224-9 33 EXHIBIT 4
Prepared By:
Jack B. Teplitz Jack B. Teplitz & Associates 331 Fulton St., Ste. 525 Peoria, Illinois 61602
After recording return to:
Steven Mahrt Corporation Counsel Town of Normal 100 E. Phoenix PO Box 589 Normal, Illinois 61761
MEMORANDUM OF AGREEMENT
G Block Apartments, LLC (“Developer”), and the Town of Normal have entered into a Redevelopment Agreement dated as of , 2011 (“Agreement”) with respect to certain real property located in the Town of Normal, the County of McLean, the State of Illinois, more fully described in Exhibit A attached hereto and made a part hereof (the “Project Site”). The Agreement provides that the Developer, subject to certain terms and conditions set forth in the Agreement, shall develop a project as described in the Agreement on the Project Site.
Dated: , 2011
TOWN OF NORMAL G Block Apartments, LLC
By: ______By: Its Mayor Print Name:
Attest: ______Title: Its City Clerk
SLC-6279224-9 34 STATE OF ILLINOIS ) ) SS. COUNTY OF MCLEAN )
I, the undersigned, a Notary Public in and for said County and State aforesaid, DO HEREBY CERTIFY that and , personally known to me to be the Mayor and City Clerk, respectively, of the Town of Normal, an Illinois municipal corporation, and personally known to me to be the same persons whose names are subscribed to the foregoing instrument as such Mayor and City Clerk, respectively, appeared before me this day in person and severally acknowledged that they signed, sealed and delivered the said instrument as their free and voluntary act as such Mayor and City Clerk, respectively, and as the free and voluntary act of said municipal corporation for the uses and purposes therein set forth; and on their respective oaths stated that they were duly authorized to execute said instrument.
GIVEN under my hand and notarial seal this ____ day of ______, 2011.
Notary Public (SEAL)
STATE OF ILLINOIS ) ) SS. COUNTY OF ______)
I, the undersigned, a Notary Public in and for said County and State aforesaid, DO HEREBY CERTIFY that ______, personally known to me to be the ______of G Block Apartments, LLC, and personally known to me to be the same person whose name is subscribed to the foregoing instrument, appeared before me this day in person and acknowledged that he signed and delivered the said instrument as his free and voluntary act as such ______, and as the free and voluntary act of Rodney Poole and Associates for the uses and purposes therein set forth; and on his respective oath stated that he was duly authorized to execute said instrument.
GIVEN under my hand and notarial seal this _____ day of ______, 2011.
Notary Public
SLC-6279224-9 35 Exhibit A to Memorandum of Agreement
Project Site
All of Lot 5 in Resubdivision Lot 3 Bank of Illinois Subdivision, Normal, McLean County, Illinois
SLC-6279224-9 36 INDEX OF DEFINED TERMS
Page Act ...... 1, 2 Agreement ...... 1 Applicable Law ...... 2 Developer ...... 1, 2 Building Condition ...... 2 Certificate of Completion ...... 2 Closing ...... 12 Closing Date...... 2, 12 Construction Plans ...... 5 Effective Date ...... 2 Environmental Laws ...... 2 Events of Default ...... 20 Existing License Agreement ...... 2 Existing Temporary Developer Facility ...... 3 Exterior Architectural Appearance ...... 3 Final Site Plan ...... 3 General Building Approvals ...... 11 Hazardous Materials ...... 3 Indemnifying Party ...... 14 Initial Plans ...... 3 Inspection Period ...... 10 Land Value ...... 9 New Temporary Developer Facility ...... 3 New Temporary Developer Facility Completion Deadline ...... 9 Objections ...... 10 Permitted Exceptions ...... 10 Preliminary Plans ...... 3 Project ...... 1, 3 Project Site ...... 1, 4 Real Estate Taxes ...... 4 Redevelopment Area ...... 1, 4 Redevelopment Plan ...... 1 Specific Building Approvals ...... 11 Subdivision Plat ...... 4 Substantial Completion ...... 4 Substantially Complete ...... 4 Survey ...... 9 Temporary License Agreement ...... 4 Title Commitment ...... 9 Title Insurer ...... 9 Title Policy ...... 9 Title Review Period ...... 9 Town ...... 1
SLC-6279224-9 37
New Business
TOWN COUNCIL ACTION REPORT
September 1, 2011
A Motion to Adopt a Proposed Constitution Trail Snow Removal Policy
PREPARED BY: Garry Little, Director of Parks and Recreation
REVIEWED BY: Mark R. Peterson, City Manager Pamela S. Reece, Deputy Assistant Manager
BUDGET IMPACT: If approved, a budget adjustment in the amount of $3,500 would be needed in line item #001-8515-452.35-10.
STAFF RECOMMENDATION: Approval
ATTACHMENTS: Proposed Trail Clearing Policy, Map of Proposed Sections of the Constitution Trail
BACKGROUND
Since its original construction in the 1980’s, Constitution Trail within the Twin Cities has expanded to over 24 miles of shared-use paved pathway, 13 miles of which are located within the Town of Normal. When the first Trail segment between Bloomington and Normal was originally built, both communities established a policy that they would not clear snow from the trail. Budget considerations were certainly part of the rationale behind this policy, but the Town also contemplated the winter recreational use of the trail for activities such as cross-country skiing.
The Trail is one of the most popular recreational facilities within the Town, and is used extensively by residents for year-round activities including walking, running and bicycling. The trail is not only used for recreation, but has also become an important transportation route for residents to safely access businesses, transportation, schools or other facilities and neighborhoods within the community. The trail not only serves as an off-street shared path system, but also serves as a link between on-street bicycling, and for pedestrians on sidewalks to access other areas of the community. The Town of Normal Bicycle and Pedestrian Master Plan that was adopted by Council in 2009 stated that Constitution Trail provides the “backbone of Normal’s excellent shared use path system”.
As the Constitution Trail has grown in length to serve many new areas of the community, the number of groups, individuals and families utilizing the Trail year-round has increased significantly. With that increased use, requests to clear the Trail of snow have grown each year. The requests have not only come from user groups such as the McLean County Wheelers, Friends of the Trail, and the McLean County Wellness Coalition, but also from individuals who utilize the Trail for personal fitness, or for health and wellness programs supported by their place of employment. Numerous other requests have come from individuals using the Trail for access to work or school. With the recent construction of a large number of student apartments along the Trail, ISU students utilize portions of the Trail to walk to and from the campus. In 2010, a local resident submitted a petition to the Town signed by over 350 residents requesting that the Town change its policy and begin the clearing of snow from the Trail. TOWN COUNCIL ACTION REPORT
DISCUSSION/ANALYSIS
As a result of the increased requests to the Town to clear the Trail of snow, staff was asked to review the current policy to see if there would be significant cost to the Town to clear snow from the most used segments of the Trail. Staff also reviewed what type of equipment would be needed to perform the snow clearing from the Trail.
Staff selected three sections of the Trail that are the most heavily travelled to evaluate for snow removal. These include the original section of the Trail from just north of Emerson Street through Uptown Normal to Raab Road and the Rosa Parks Commons parking area, east from the “Y” just south of the Parks and Recreation Office to Veterans Parkway, and the section of Trail along Raab Road from Linden Street east to Henry Street. Two of these routes connect neighborhoods to Unit 5 elementary schools (Colene Hoose, Prairieland). Although Trail counts along these areas have been performed by the Town Planning Division, mostly in the summer months, unofficial “footprint” counts in the snow show that these sections of the Trail are the most heavily used during the winter months. In discussions with individuals that cross country ski in the winter months, the Trail is not an ideal place to perform this activity due to the numerous road crossings. Most of these individuals go to larger park areas such as Maxwell Park or utilize golf courses in the area.
The Parks and Recreation Department currently has several pieces of equipment that could be utilized for the clearing of snow from the trail. This equipment includes sweeping attachments for light snow, and small plows that are used to clear snow from parking areas. In addition to what currently is owned by the Town, the Friends of the Trail organization has committed to donate $8,500 to the Town to purchase a snow blower to be used for bridges and street intersections. None of the equipment is large enough to be utilized on Town streets.
In reviewing the potential costs for performing the Trail clearing, staff has determined that there would not be a significant cost to the Town if the trail clearing is only accomplished during times when staff is already scheduled to work, and when the removal of all snow from Town streets, alleys, parking areas and sidewalks adjacent to park facilities has been completed. Staff would be reassigned from on-going routine winter maintenance tasks to perform the Trail clearing when available. Costs for fuel, supplies, and the maintenance and repair of equipment have been estimated by the Parks Staff to not exceed $3,500 a year for the Trail clearing. The removal of snow may create more wear or damage to the trail surface, resulting in the need to repave the Trail in a shorter time frame than is currently budgeted.
Following the recommendations of the user groups mentioned above, the application of salt or sand would not be accomplished as part of the Trail clearing process. Consequently, the Town would not undertake any ice removal activities. This may create additional liability for the Town, and signage would need to be installed at entrances to the Trail warning that the Trail surface is not kept free of ice or snow and that the use of the Trail is at the risk of the individual user.
If Council approves the clearing of snow from the designated areas of the Trail, staff recommends that the attached “Proposed Town of Normal Constitution Trail Snow Removal Policy” be adopted. Discussions have been held with the staff from the Bloomington Parks and Recreation Department, and they have responded that they will be reviewing their Trail snow clearing policy in the near future as well.
Proposed Town of Normal Constitution Trail Snow Removal Policy
The Town of Normal maintains over 13 miles of trails for the enjoyment of residents and visitors to the community. The Parks and Recreation Department will undertake the clearing of snow from designated portions of the Constitution Trail under the following guidelines. This policy has been developed based upon the recognition that there are limited community resources for snow removal activities, and that snow removal on the Trail segments will be the Town’s lowest snow clearing priority behind streets, alleys and Town parking lots. With the inherent nature and variability of winter conditions, it is the responsibility of trail users to use common sense when utilizing the trail for recreational and alternative transportation activities.
Trail Snow Removal Policies
• Trail snow removal by the Parks and Recreation Department will not begin until regularly assigned snow clearing work at parking lots, Uptown areas under the responsibility of the Town, and sidewalks that are adjacent to park facilities have been completed. Further, trail snow removal activities will not commence until all Town streets are cleared of snow. • Trail snow clearing will occur only during regularly scheduled work shifts, Monday through Friday. Overtime compensation will not be expended to clear trails during non-work hours. • Breakdown of equipment will result in delays in snow clearing until repairs are made. Every attempt will be made to continue the clearing of snow after the repairs are made, within the scheduled work shifts. • Due to surrounding landscapes and property, trails will not be cleared or maintained at dry pavement level. Materials such as sand and salt will not be used, unless deemed necessary in select locations by the parks staff. Surface irregularities and icy conditions may result. The use of Constitution Trail is at the risk of the individual user. • Due to the construction of the trails, the use of heavy equipment such as backhoes or dump trucks will not be used for snow removal. No hauling of snow away from the trail will occur due to potential damage to the trail surface or edges. • The removal of snow from the Trail is based on the availability of Parks staff to perform the work. There are no guarantees that the removal of snow will occur within a specific time period following a snow fall.
The Trail will be cleared of snow as follows:
• The Trail from just north of Emerson Street through Uptown Normal to Raab Road and the Rosa Parks Commons parking area. • The Trail east from the “Y” just south of the Parks and Recreation Office to Veterans Parkway. • The Trail along Raab Road from Linden Street east to Henry Street.
This policy is subject to change by authorization of the Normal Town Council. WILDBERRY RAAB RAAB MAEVE CARRIAGE HILLS SUELYNN STANHOPE
HARP FRONTIER
JENNY LIND CHEYENNE LANDAU
CUTTER Section 3: SHOW CREEK
PHAETON Linden St to DUNCANNON BENSINGTON
SURREY OAK HILL
Henry St BELCLARE
LIBERTY BASSWOOD TOWANDA HENRY OLD ROUTE 66 OLMSTEAD GALWAY ORLANDO REGAL BEECHWOOD
BELVIEW SHANNON
AUGUSTA ESTATE
JOG
MARTIN GLASS SPY TORREY PINES TORREY
SCHOOL SHELBOURNE SHELBOURNE
DUBLIN SHEPARD OREILLY
MONTGOMERY LIMERICK
BULL ALLEY SHERYL RICH LISMORE
PERRY MAPLE SUMMIT TILDEN OGLESBY
CHARLOTTE TIMBER RIDGE OAK CLAY BRIGHT LINCOLN PINE
COLE BEACON HILL BEACON
NORWOOD OGELTHORPE ELM NORMANDY GREGORY ALLEY
REDMAN
KAYS FORT JESSE
LINDEN WALNUT
SYCAMORE SYCAMORE BEECH DALTON
POPLAR POPLAR MAPLE DILLON OAK
DRIVE 5
DRIVE 4
DRIVE 3 ADAM CYPRESS CYPRESS HARTERGEORGE COURTLAND Section 1: BRENTWOOD GODFREY LANDMARK WILLOW AMBROSE Raab Rd to ELLIS CHADWICK WINDSOR LOCUST Division St HANSON
GREENBRIAR CHERRY CHERRY OLD FORT JESSE ARBORWALK HUNT
MULBERRY DILLON DUSTIN VISA WILLIAM
VERONICA COLLEGE TIMOTHY WESTVIEW WESTVIEW NORTH DEWEY PLAZA
OAK VALENTINE
TAYLOR VETERANS KARIN MALL LOOP PHOENIX BLAIR
PHOENIX MARIE
ORR
RISS GLADYS FELL SPEAR IRVING SPEAR HAMMITT IRVING VICTOR Section 2: BEAUFORT DOUD STEWART CENTENNIAL Veterans Pkwy
BIRD VETERANS to the "Y" South of RALEIGH MICHAEL VON MAUR
VERNON Parks & Rec. office. BAUGH
HESTER ANTHONY AUGUSTINE FLORA VIOLA
LINDELL SCHROEDER PAYNE HILLVIEW JOAN HOVEY VERNON GRANDVIEW SHERIDAN
RIDGEMONT BROADWAY
KENT
ARCHIE HAWTHORNE KURT
LARA ANGELA ROLAND
ARDITH BROOKWOOD GLENN LATEER ETHELL CHESTER JERSEY JERSEY KINGSWOOD VETERANS FRANKLIN Proposed Constitution Trail IMPERIAL VIRGINIA VIRGINIA BIRCH EISENHOWER FLEETWOODMAYS
BELT Snow Clearing Sections FRANKLIN
NORBLOOM MAPLE PARKVIEW HIGHLAND ETHELL A A I
HILLTOPLegend FRANCIS HILLCREST SMITH DIVISION MAPLEWOODETHELL Constitution Trail FISHER ROWE VISTA
BRIARWOOD Sections to be Cleared SUNSET DAWES TOWANDA
HILLSIDESections Not IncludedGARFIELD
VETERANS RISER
FOLEY EMERSON FELL STREETS
ETHELL ROWE
LINDEN CLINTON
WHITE RADLIFF FRANKLIN
DELMAR HILLSIDE TOWN COUNCIL ACTION REPORT
September 1, 2011
Presentation of the 2010-2011 Financial Trend And Condition Report
PREPARED BY: Andrew J. Huhn, Director of Finance
REVIEWED BY: Mark R. Peterson, City Manager Pamela S. Reece, Deputy City Manager
BUDGET IMPACT: N/A
STAFF RECOMMENDATION: That the report be received and placed on file.
ATTACHMENTS: 2010-11 Financial Trend and Condition Report under separate cover.
BACKGROUND
Under separate cover, you received a report prepared by the Town’s Finance Department entitled “Financial Trend and Condition Report” for the Fiscal Year 2010-2011. This report presents an overview of the Town’s current financial condition, as well as a discussion on the Town’s fiscal outlook as it relates to several financial strategies. As you are aware, this report has been prepared on an annual basis since 1988 and has been useful to both Staff and Council as part of the annual budget preparation process.
DISCUSSION/ANALYSIS
The Trend report is intended to provide a historical perspective on a variety of issues that impact the financial condition of the Town. It focuses on seven categories of indicators that provide a glimpse into the financial stability of Normal, with a particular emphasis on the General Fund. Each indicator is described according to its impact on the financial health of the Town. In order for trends to be illustrated, a historical perspective on each indicator is provided. Each indicator is given a rating of (P)ositive, (N)egative or (U)nclassified.
Below is a summary of the last three years of indicator ratings.
Ratings 2008-09 2009-10 2010-11 Positive 15 13 17 Negative 12 13 8 Unclassified 10 11 11 Total Ratings 37 37 36
The Town has seen an improvement in the indicators as compared to the prior year and this improvement is particularly true with the “Financial Strategies” category. This category measures the Town’s financial position against its established fiscal management goals. As of FY2010-11 and based on current revenue and expenditure projections, the Town is achieving all of its fiscal management goals.
This in effect means the Town is operating from a positive financial position as reserves that were initially brought down by the recession have been restored. The Town must continue to remain vigilant as a TOWN COUNCIL ACTION REPORT great deal of uncertainty remains with the State’s economy, but we are starting the budget process for FY2012-13 from a solid financial position.
Staff will provide an overview of the findings presented in the report as well as highlight a few of the more significant financial indicators.
Financial Trend and Condition Report Fiscal Year 2010-11
Prepared by the Town of Normal Finance Department Normal Illinois 61761
FY 2010-11 TREND AND CONDITION
TABLE OF CONTENTS
EXECUTIVE SUMMARY
COMMUNITY GROWTH
Assessed Property Value ...... 1 Assessed Value by Type ...... 2 Construction Building Permits...... 3 Average Home Prices ...... 4 Airport Usage ...... 5 Unemployment Rate ...... 6
REVENUE
Total Revenue General Fund Revenue ...... 7 State Income Tax Revenue ...... 8 Property Tax Property Tax Rate Distribution ...... 9 Town of Normal and Community ...... 10 Municipality Property Tax Rate Comparison ...... 11 Community Property Tax Rate Comparison ...... 12 Utility Tax Revenue Tax Revenue ...... 13 Percent by Utility ...... 14 Dollar Change ...... 15 Sales Tax Revenue State and Local Sales Tax ...... 16 Percent of General Fund ...... 17 Sales Tax by Type ...... 18 Food and Beverage Tax ...... 19
Table of Contents - Continued
EXPENDITURE
Government Expenditures by Type ...... 20 Police Pension Benefit Cost ...... 21 Fire Pension Benefit Cost ...... 22 Personnel Costs as a Percent of Total Expenditures ...... 23 Health Claim Costs Per Employee ...... 24
DEBT SERVICE
Overlapping Debt as Percent of Assessed Value ...... 25 Total Debt Outstanding ...... 26 Long-Term Debt as a Percentage of Assessed Value ...... 27
BALANCE SHEET
General Fund Cash Balance ...... 28 General Fund Balance ...... 29 Police Pension Funding Levels ...... 30 Fire Pension Funding Levels ...... 31 Illinois Municipal Retirement Fund Funding Levels ...... 32 Water Fund Summary ...... 33 Sewer Fund Summary ...... 34 Health Insurance Fund Balance ...... 35
REVENUE SUPPORTED COSTS
Parks & Recreation ...... 36
Table of Contents - Continued
FINANCIAL STRATEGIES
General Fund Operating Reserves ...... 37 Vehicle and Equipment Reserves ...... 38 Contingency Funding ...... 38 Debt Management Capacity ...... 39 Debt Management Coverage ...... 39 Health Insurance Reserve ...... 40
FY 2010-11 TREND EVALUATION
EXECUTIVE SUMMARY
The 2010-11 Financial Trend and Condition report is intended to provide a historical perspective on a variety of issues that impact the financial condition of the Town of Normal. This report focuses on seven categories of indicators that provide a glimpse into the financial stability of Normal, with a particular emphasis on the General Fund. Overall, there are 36 indicators analyzed in this report. Each indicator is described according to its impact on the financial health of the Town. In order for trends to be illustrated, a historical perspective on each indicator is provided. Finally, each indicator is given a rating of (P)ositive, (N)egative or (U)nclassified.
Each category of indicators is intended to describe an economic or fiscal condition that either directly or indirectly impacts the financial stability of Normal. The categories of indicators, along with a brief summary of the findings and changes to the report are listed below.
The Waste Removal Costs Supported by Fees indicator was eliminated this year. The method utilized to evaluate waste removal costs is currently under review by the Public Works Director. This indictor is considered an important element of the Trend Evaluation report and will be added back in a future year.
Overall Results for Trend Information
Ratings 2007-08 2008-09 2009-10 2010-11 Positive 22 15 13 17 Negative 5 12 13 8 Unclassified 11 10 11 11 Total Ratings 38 37 37 36
Community Growth
Description (P = Positive, N = Negative, U = Unclassified) 2007-08 2008-09 2009-10 2010-11 Page Assessed Property Value P P P N 1 Assessed Value by Type P P P N 2 Construction Building Permits P P N N 3 Average Home Sales Price P P P P 4
Airport Usage P P P P 5 Unemployment Rate N N N N 6
The community growth indicators continue again this year to paint a challenging outlook and even present conflicting local economic signals. Assessed values in the community continue to rise, although not as strongly as in past years. Total construction permits were down 0.2% from the previous year, despite a slight increase in housing permits.
The average sales price for new homes increased 5.5% from the previous year and the average sales price for existing homes increased 7.7%. This rebound from last year would seem to indicate the community is returning to a more positive economy but staff remains cautious as the housing market is widely considered to be in a continued fragile state.
Airport ridership increased to a record high in 2010, a 13% increase over the previous year. This is another indicator of a recovery in the local Normal-Bloomington economy.
The Town’s unemployment rate (6.2%) has increased for the fourth year in a row and is a direct result of the National economy and its impact locally.
Revenue
Description (P = Positive, N = Negative, U = Unclassified) 2007-08 2008-09 2009-10 2010-11 Page Total Revenue General Fund Revenue U U U U 7 State Income Tax P N N N 8 Property Tax Rates P P P P 9 Property Tax Rates - Normal and Community P P P P 10 Property Tax Rates - Municipality Rate Comparison P P P P 11 Property Tax Rates - Community Rate Comparison P P P P 12 Utility Tax Revenue N P N P 13 Utility Tax Revenue - Percent by Utility U U U U 14 Utility Tax Revenue - Dollar Change U U U U 15 State and Local Sales Tax Revenue P N N P 16 Sales Tax Percent of General Fund P N P P 17 Sales Tax by Type U U U U 18 Food and Beverage Tax P P P P 19
The Town’s revenue sources continue to remain relatively diverse. Total Revenue for FY2010-11 increased 9% as compared to the previous year which experienced minimal growth. State income tax declined again this year, although only 0.8%, compared to the previous year’s decline of 17.8%. Both State and local sales receipts increased. The 20.3% increase in local sales tax was driven by a ¼% rate increase effective in July, 2010. Utility tax revenue increased 2.9%. The Town’s municipal property tax rate decreased slightly from last year, and still remains the lowest among comparable central Illinois cities. The Town’s community property tax rate (all taxing bodies within Normal) increased 14.6 cents but also remains among the lowest in the surrounding central Illinois communities.
Expenditure
Description (P = Positive, N = Negative, U = Unclassified) 2007-08 2008-09 2009-10 2010-11 Page
Government Expenditures by Type U U U U 20 Police Pension Benefit Cost U U U U 21 Fire Pension Benefit Cost U U U U 22 Personnel Costs as a Percentage of Total Expenditures U U U U 23 Health Claim Costs Per Employee P P N P 24
Public Safety (30.7%) and funds expended on Community Development (21.7%) accounted for the bulk of government expenditures in FY 2011. Health claim costs per employee decreased significantly as compared to the prior year.
Debt Service
Description (P = Positive, N = Negative, U = Unclassified) 2007-08 2008-09 2009-10 2010-11 Page Overlapping Debt as Percent of Assessed Value N N P P 25 Total Debt Outstanding U U U U 26 Long-Term Debt as a Percent of Assessed Value U U U U 27
The Overlapping Debt as a Percent of Assessed Value decreased from 22.51% to 22.05%. The Town’s Long-Term Debt per capita increased from $79.80 to $81.00 due to the sale of additional bonds.
Balance Sheet
Description (P = Positive, N = Negative, U = Unclassified) 2007-08 2008-09 2009-10 2010-11 Page General Fund Cash Balance P N N P 28 General Fund Balance P N N P 29 Police Pension Funding Levels P N N N 30 Fire Pension Funding Levels N N N N 31 I.M.R.F Funding Levels P N N N 32 Water Fund Summary P P P P 33 Sewer Fund Summary P N N P 34 Health Insurance Fund Balance P P N P 35
General Fund cash dramatically increased 72.7% from the previous year’s ending balance due to a budget projected surplus combined with lower than expected expenditures. Police and Fire pension percent of funding levels fell as a result of the difficult investment market. Illinois Municipal Retirement Fund funding level decreased as well from 72.8% in 2009 to 68.9% in 2010. The Water Fund experienced improvements in both its revenue and cash and investment positions, as did the Sewer fund. The Health and Dental Insurance Fund balance ended $900,000 higher for FY2011 due to lower than projected claim activity and health program changes.
Revenue Supported Services
Description (P = Positive, N = Negative, U = Unclassified) 2007-08 2008-09 2009-10 2010-11 Page Parks & Recreation U U U U 36
This section illustrates the relationship between user fees and corresponding service and programming expenses. The Parks and Recreation Department’s ratio of fee revenue covering their program expenses increased slightly.
Overall Results of Fiscal Strategy Review – Positive Outlook
This section of the report provides a forward looking review of the Town’s major fiscal operations and how they align with management fiscal strategies.
Financial Strategies Rating Page General Fund Operating Reserves Positive Outlook with Caution 37 Vehicle and Equipment Reserves Positive Outlook 38 Contingency Funding Positive Outlook 38 Debt Management Capacity Positive Outlook 39 Debt Management Coverage Positive Outlook 39 Health Insurance Reserve Positive Outlook 40
The Town has managed to navigate the recent economic recession better than many municipalities its size primarily due to its healthy balance sheet and the resilient local economy of the Bloomington/Normal area. However, what condition the economy will ultimately stabilize at is uncertain and any continued or unexpected revenue shortfalls could press further into the Town’s financial position.
The difficult spending cuts and revenue enhancements made during the past few years and the continued careful budget planning have helped the Town navigate the fiscal crisis the past several years. The recession is considered over, but recovery continues to be very slow and uncertain, which calls for a continued vigilance on the part of the Town to manage its fiscal position as we enter the FY2012-13 budget cycle.
$900 $800 ASSESSED PROPERTY VALUE (Tax Year) In Millions$700 Average Growth in Assessed Value Over 10-Year Period = 5.5% $600 $500 $400 $300
Residential growth in the north and $200 northeast as well as commercial growth such as Home Depot, Meijer and the $100 Shoppes at College Hills have driven much of the assessed value increase. $0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Percentage Chg 6.8% 8.0% 5.0% 4.6% 7.7% 8.7% 4.7% 4.4% 3.9% 0.9% Assessed Value $516 $558 $586 $613 $660 $ 717 $751 $785 $815 $822
Rating: Negative INDICATOR DISCUSSION Staff preference is for an annual Equalized Assessed Value Property within Normal is assessed by the Township at 33 1/3% of (EAV) growth of at least 5% due to the fact that retirement costs fair market value. Personal property, such as automobiles and (mostly Police and Fire), which are funded through the tax levy, furniture, is not included in assessed value. often increase at a rate of 5% or greater. This is the fourth year the Town has experienced growth below the 5% benchmark. For this reason along with the continued uncertainty of the State and National economy and specifically the housing market, staff rated the trend as negative.
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$600 Year to year growth $550 ASSESSED VALUE BY TYPE $500 (Tax Year) Residential = 1.0% Average growth over 10-year period Commercial = .86% $450 In Millions • Growth in residential = 5.8% $400 • Growth in commercial = 4.53% $350 $300 $250 $200 $150 $100 $50 $0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 All Other $14.9 $14.5 $12.4 $12.6 $12.8 $13.8 $13.7 $13.8 $13.7 $13.6 Commercial $161.1 $172.9 $185.3 $190.5 $198.9 $215.3 $225.7 $238.9 $248.8 $250.9 Residential $340.5 $370.5 $387.9 $409.6 $448.1 $488.2 $511.8 $531.8 $552.3 $557.6
INDICATOR DISCUSSION Rating: Negative
McLean County reports Residential values for 2010 comprised 67.9% of the total EAV. The 1.0% growth in residential EAV is assessed values in five behind the average annual residential increase of 5.8% for the periods shown. Commercial values for categories: residential, 2010 comprised 30.5% of the total EAV. The All Other category includes farm, industrial and railroad commercial (retail), industrial property. These areas only comprise 1.6% of the total EAV, and therefore, do not have a significant (manufacturing), farm and impact. railroad. The balance between residential, commercial and Staff preference is for both residential and commercial EAV to grow at least 5% per year. This is the third industrial is an important aspect year that growth has been below that expectation and represents a cautious to negative trend going of the financial health of a forward. municipality.
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1,400
1,200CONSTRUCTION BUILDING PERMITS (Calendar Year)
1,000 Average permits over 10-year period = 1,135 800
600
400
200
0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Single Family 340 371 440 335 277 260 135 95 66 78 Total Const. 1218 1252 1300 1144 11 07 1005 1038 1139 1074 1072 Total Change 48.9% 2.8% 3.8% -12.0% -3.2% -9.2% 3.3% 9.7% -5.7% -0.2%
INDICATOR DISCUSSION Rating: Negative
One indication of a growing community is the number of After the rapid growth experienced in 2001 to 2003, it was expected that building permits issued annually. The chart above reports permit growth would drop to a stabilized level and this appears to be construction permits which include activity for new single happening. Staff’s preference is for the permit activity to remain above family, commercial and remodeling projects. 1,000 per year, which has been achieved, but the continued decline and minimal activity in single family residential permits makes this trend negative.
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$300,000 Average Home Prices New Home Prices = 5.5% (Calendar Year) Existing Home Prices = 7.7%
Average Growth Over 10 Years $250,000 • New Home Prices = 5.5% • Existing Home Prices =2.8% $200,000
$150,000
$100,000
$50,000
$0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 New Home $144,067 $163,029 $176,545 $193,283 $209,605 $274,028 $273,220 $288,904 $285,304 $301,007 Existing Home $120,708 $126,368 $127,324 $136,771 $140,207 $146,926 $162,822 $155,879 $149,435 $160,947
INDICATOR DISCUSSION Rating: Positive – with caution
This indicator illustrates the average sales price of new and existing The normally steady growth in housing prices stalled for new homes in the Bloomington/Normal area. houses and dropped for existing houses for two consecutive years before seeing an increase for both in 2010. This increase in prices is promising, but staff remains cautious about this trend given the continued uncertainty in the housing market due to the National and State economy.
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575,000 550,000 525,000 AIRPORT USAGE 500,000 History of Passenger Growth (Calendar Year) 475,000 450,000 The downward trend actually began before the 9/11/01 425,000 terrorist attack, although that 2001 2002 event2003 did2004 contribute 2005 to the large 2006 2007 2008 2009 2010 400,000 decline in 2002. 375,000 350,000 325,000 300,000
INDICATOR DISCUSSION Rating: Positive
An indirect indication of local community vitality can be Since 2002, airline ridership increased each year for 6 straight years. found within the historical passenger records of the However, there was a 7% drop off in 2009 which was a reflection of the Central Illinois Regional Airport. Consistent passenger poor national economy and its impact on business and personal travel. growth is reflective of a strong underlying economic For 2010, ridership increased by 13% and staff felt a positive rating was base within both the local community and the greater warranted. market area. Conversely, a decline in growth could be viewed as an economic warning sign.
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UNEMPLOYMENT RATE As of 3/31 Rates 12.0% Municipality Mar-10 Mar-11 Change Normal 5.6% 6.2% 0.6% The sharp increases are all the result of the Champaign 6.6% 7.2% 0.6% 10.0% national and state economic recession and Urbana 6.7% 7.1% 0.4% slow uncertain recovery. Bloomington 6.9% 7.6% 0.7% Springfield 7.0% 7.5% 0.5% 8.0% Galesburg 9.6% 9.5% -0.1% Peoria 10.0% 8.9% -1.1% Decatur 10.6% 11.4% 0.8% 6.0%
Illinois 11.7% 9.1% -2.6% 4.0% United States 10.2% 9.2% -1.0%
2.0%
0.0% 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 TOWN 2.2% 2.2% 2.4% 2.3% 3.9% 3.4% 3.2% 3.7% 5.3% 5.6% 6.2% STATE 5.5% 6.1% 6.6% 6.0% 5.6% 5.4% 4.5% 5.7% 9.3% 11.7% 9.1%
INDICATOR DISCUSSION
The official unemployment rate does not include people who are not actively seeking Rating: Negative employment. The unemployment rate across the Nation Changes in the unemployment rate are one measure of the Town's ability to support its and State remains very high with still business sector. A healthy business sector will provide funding for city services through considerable uncertainty regarding the sales, utility and property taxes. The data presented above is obtained from the Illinois economy. Normal’s rate continues to be Department of Labor. The graph above compares the State of Illinois to Normal’s lower when compared to other unemployment rate. communities.
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INDICATOR DISCUSSION TOTAL REVENUE - FY2011 The purpose of the pie chart is to present a summary of revenues that General Fund - $50,069,991 Licenses & permits Charges for support General Fund services. 1.5% services State income tax 14.7% Charges for Services are primarily 9.3% from fees related to waste removal, ambulance service and parks & Intergovernmental recreation charges. 2.1% Fines & fees 4.4%
State sales tax 15.4% Investment income 0.2%
Miscellaneous 4.0%
Property taxes 12.8% Local sales tax 15.9% Other taxes 4.1%
Utility tax Hotel/Motel tax 9.7% Food & Beverage 2.0% tax 3.5%
Unclassified – For Information Only
This chart is considered informative in nature and is intended to convey a general understanding of the revenues that support basic municipal services such as Police, Fire, Parks & Recreation and Streets. The distribution of revenues is consistent with past years. Over reliance on one or two revenue sources can potentially create financial risk in the future, as well as equity issues among tax payers.
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$5.00
$4.50
$4.00 $3.50 STATE INCOME TAX REVENUE In Millions History of Growth $3.00 (Fiscal Year) Impact of the National The 2002 reduction in state income Recovery of State recession tax revenue and the more dramatic economy $2.50 decline in 2003 were a result of a weakened state economy.
$2.00
$1.50
$1.00 The State’s certification of the Town’s special census in January 2006 (full year impact in FY2007) $0.50 contributed to increases.
$0.00 2001 2002 2003 2004 2005 200 6 2007 2008 2009 2010 2011 State Income 3.24 3.21 2.77 2.77 2.96 3.53 4.20 4.60 4.60 4.01 3.94 Percent 5.7% -0.9% -13.6% -0.1% 6.8% 19.2% 18.8% 9.6% 0.1% -12.8% -1.8%
INDICATOR DISCUSSION Rating: Negative
The tax data above includes the state income tax The soundness of the State’s economy does have an impact on the financial and the state local use tax. State income tax is health of the Town. Income tax makes up 9.3% of Town’s General Fund distributed to municipalities based on population. revenue. The local use tax revenue included in the income tax distribution is based on 0.4% of a net 5% State Given the significant unemployment rates across the Nation/State, and the general sales tax. The City of Chicago, Regional uncertain timeframe of recovery, it is likely this revenue stream will not fully Transportation Authority and Build Illinois receive recover over the next several years. funding prior to the per capita distribution.
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History of the Town’s PROPERTY TAX RATE Percentage of the Town of Normal Library Community Tax Rate DISTRIBUTION 10.0% 4.5%
Tax Year 2001 10.5% 2010 (Tax Year) McLean County 11.7% Tax Year 2002 10.3% Community College 6.0% Tax Year 2003 11.1% Township 2.0% Tax Year 2004 11.1%
Tax Year 2005 10.8% Road/Bridge 1.1% Tax Year 2006 10.4%
Tax Year 2007 10.0% Water Reclamation Tax Year 2008 9.9% District 2.0% Tax Year 2009 10.2% Unit 5
Tax Year 2010 10.0% 60.7%
Airport Authority 1.3%
INDICATOR DISCUSSION Rating: Positive
The intended purpose of the pie chart above is to present a The rating is classified as positive due to its decrease from last year visual picture of local government units that utilize the and its relatively small percentage of the total property tax dollars property tax levy. Normal has no direct control over other levied. Having only 10.0% of the total tax levy, Normal has little ability governmental taxing units; however, development decisions to significantly control short-term property tax rates. Other taxing made by Normal and Bloomington indirectly affect other bodies that levy a property tax on Normal residents do not require governmental unit requests for property tax dollars. approval from the Town of Normal.
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PROPERTY TAX RATES $8.000 Town of Normal and Community Per $100 of Assessed Value (Tax Year)
$6.000
$4.000
$2.000
$0.000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Town of Normal $0.7443 $0.7282 $0.8399 $0.8263 $0.7928 $0.7582 $0.7490 $0.7429 $0.7848 $0.7826 Total Tax Rate $7.0780 $7.0813 $7.3632 $7.4647 $7.3353 $7.3242 $7.4618 $7.5351 $7.6920 $7.8383
INDICATOR DISCUSSION Rating: Positive
The pie chart on the preceding page reports the various units of The Town tax rate decreased from last year and continues to government contributing toward the total community tax rate. The Town be the lowest property tax rate as compared to surrounding of Normal rate reported above includes the General and Pension Fund communities. See page 11 for more detail. property tax levies, and does not include the Normal Public Library levy. Decisions related to tax levies must take into consideration the total Growth in assessed values, combined with careful community tax rate including all overlapping governmental units. From a management of the tax levy and spending, helps manage the fiscal perspective, a dramatic increase in tax rates can be an indication of tax rate to keep it as low as possible. The overall community problems in other revenue sources or unexpected expenditure needs. tax rate increased this year by 14.6 cents. This increase is primarily the result of increases in the Unit 5 school district rate. - 10 -
2.5000
2.0000 Municipal Property Tax Rate Comparison
Rate per $100 of Assessed Value 1.5000
1.0000
0.5000
- Normal Bloomington Springfield Champaign Urbana Peoria Decatur Galesburg Parks Rate 0.4576 0.6529 0.8354 0.7183 1.0379 Municipal Rate 0.7826 1.0601 0.9385 0.8720 0.8089 0.9602 0.9204 2.0326
INDICATOR DISCUSSION Rating: Positive
The above graph compares the The Town of Normal municipal property tax rate is the lowest of all the cities presented above. Years of Town’s individual property tax consistent effort are required to reach this low property tax rate. Two components of the tax levy which rate to the rates in the seven are mostly controlled by the State of Illinois are the Police and Fire Pension tax levies. Municipalies can largest cities in Central Illinois. only impact these levies through adjustments to the staffing levels within the Police and Fire Departments. The above comparison allows The Town controls the retirement levies for the Illinois Municipal Retirement and Social Security systems. community leaders and The levy most directly controlled by the municipality is the General Fund tax levy. residents to compare the Town’s individual property tax Springfield, Champaign, Urbana, Peoria and Decatur all have parks and recreation programs that are rate with the rates in the largest funded through a separate taxing district. The graph above has combined the park districts (blue portion cities in Central Illinois. of the graph) with the appropriate city for an accurate tax rate comparison between cities with a park district and cities that provide those services without the separate tax levy.
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9.0000
8.8000 Community Property Tax Rate Comparison
8.6000
8.4000 Rate per $100 of Assessed Value
8.2000
8.0000
7.8000
7.6000
7.4000
7.2000
7.0000 Champaign Springfield Bloomington Normal Urbana Peoria Galesburg Decatur Community Rate 7.4449 7.6315 7.7937 7.8383 8.3408 8.7875 8.8766 8.9245
INDICATOR DISCUSSION Rating: Positive
The above graph compares the community property tax rate for Normal to the The Town of Normal community property tax rate is rates in the seven largest cities in Central Illinois. The community tax rate is low in comparison to other communities. Normal’s low the total tax rate of all government districts that assess a property tax within community tax rate is attributable to a strong local the municipality. For the Town of Normal other significant districts are Unit 5, economy and individual efforts of the local Mclean County, Heartland Community College and the Normal Library. This governments. The low tax rate should be viewed comparison allows community leaders and residents to compare their overall favorably by bond rating agencies as well as the community property tax rate with the rates in the largest cities in Central community. Illinois.
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In Millions $6.000
$5.000 UTILITY TAX REVENUE (Fiscal Year) $4.000
$3.000
$2.000 A rate increase to the Home Rule Gas Use Tax (effective 9/1/2008) contributed to the 5.9% increase. $1.000
$0.000 2002 2003 2004 2005 2006 2 007 2008 2009 2010 2011 Utility Tax Rev. $3.684 $4.158 $4.863 $4.744 $4.886 $4.561 $4.748 $5.029 $4.726 $4.865 Percent Change -1.4% 12.9% 16.9% -2.4% 3.0% -6.7% 4.1% 5.9% -6.0% 2.9%
INDICATOR DISCUSSION Rating: Positive – with caution
This tax is a major revenue source that Projecting this revenue is challenging, as much of it depends on weather and potential directly impacts the ability to finance General changes in rates. Additionally, this revenue may be impacted by new energy Fund expenditures. The utility tax (electricity, conservation technologies and public awareness of managing their utility consumption. telephone, cable TV and gas) is collected locally, with the exception of the telephone Following the sharp drop in FY2009-10, utility tax revenue increased by 2.9% in portion that is collected by the State of FY2010-11. Illinois.
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FY2011 UTILITY TAX $4,864,840 Percent by Utility
Cable TV 8% Electricity Unclassified – For Information Only
43% This indicator is educational in nature, and therefore, is given an unclassified rating. The dollar distribution between utility sources is consistent with previous years and is considered healthy.
Gas 25% Telephone 24%
INDICATOR DISCUSSION
This indicator illustrates the distribution of tax contributions by utilities. The heavy reliance on weather sensitive utilities often explains the sporadic changes in utility taxes collected from year to year. About 68% of the total utility revenue comes from weather sensitive utility companies (Electricity and Gas). A mild winter (lowering gas consumption) and a cool, wet summer (reducing demand for electricity) can dramatically affect revenue from year to year.
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$25.00 UTILITY TAX REVENUE Dollar Change from FY2010 to FY2011 $20.00 In Hundred Thousands 68% of total Utility Tax is largely subject to changes in the weather and therefore $15.00 difficult to project.
$10.00
$5.00
$0.00 Electricity Telephone Gas Cable TV 2010 $19.55 $12.01 $11.76 $3.94 2011 $21.08 $11.64 $12.01 $3.95 Percent 7.8% -3.1% 2.1% 0.0%
INDICATOR DISCUSSION Unclassified – For Information Only
The purpose of this graph is to show the source of overall changes in utility tax This indicator is educational in nature, and revenue. Identification of where changes occur aids in projecting future year therefore, is given an unclassified rating. increases in major General Fund revenues as well as how consumer use may be changing in the future.
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STATE & LOCAL SALES TAX $9.00 (Fiscal Year) In Millions$8.00 $7.00 $6.00 $5.00 $4.00 A rate increase of 1/4% in July 2010 created the growth 10-year average growth $3.00 in 2011.
State Sales Tax: 3.5% $2.00 Local Sales Tax: 7.8% $1.00 $0.00 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 State Sales Tax Revenue $5.76 $5.60 $5.95 $6.08 $6.48 $7.23 $7.52 $7.49 $7.49 $7.71 State Sales Percent Change 4.5% -2.7% 6.3% 2.1% 6.5% 11.6% 4.0% -0.4% -0.1% 3.0% Local Sales Tax Revenue $4.53 $4.82 $5.20 $5.47 $5.88 $6.47 $6.78 $6.62 $6.63 $7.98 Local Sales Percent Change 18.0% 6.6% 7.7% 5.3% 7.3% 10.2% 4.7% -2.3% 0.2% 20.3%
INDICATOR DISCUSSION Rating: Positive – with caution
This graph reports both the 1% state sales tax and 1¼% local sales tax Sales tax revenue is the largest, most critical source of revenue. The 1¼% was increased to 1½% in July 2010. The tax is paid revenue for the General Fund. State and Local sales tax by customers shopping within the Town of Normal. These taxes are account for 31.3% of total General Fund revenue. assessed on purchased items with the exception of vehicles and groceries that are exempt from the local (1½%) sales tax. After two years of remaining flat, staff is cautiously optimistic with the increase in 2011. The economy remains a concern and these revenue lines will be monitored closely. - 16 -
40.0% STATE & LOCAL SALES TAX As a Percentage of Total General Fund Revenue 30.0% (Fiscal Year)
A rate increase of 1/4% in July 2010 created the growth in 2011. 20.0%
A rate increase of 1/4% in July 2001 created the 10.0% growth in 2002.
0.0% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Percentage 36.0% 35.1% 33.2% 32.9% 32.0% 32.6% 32.0% 30.8% 30.7% 31.3%
INDICATOR DISCUSSION Rating: Positive – with caution
Dependence on sales tax can result in unexpected Over the 10 years presented, sales tax as a percent of all General Fund revenue fluctuations in revenue generated by changes in the has averaged 32.7%. It is fiscally prudent to keep the Town’s revenue mix local, state and national economic conditions. This appropriately balanced and diverse within the General Fund. In general, this graph identifies how overall dependence has varied. means the municipality should avoid an over reliance on any one type (greater The state 1% and local 1.50% taxes are both collected than 1/3 of all revenue). monthly by the State of Illinois. However, the local 1.50% tax base excludes food, drug and titled items such as automobiles, which are included in the state 1% tax.
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Type/Description Sales Tax By Type General Merchandise Department and Variety stores
Food Other Grocery stores, meat/fish/fruit/vegetable markets and 10% retail bakeries
Drugs & Miscellaneous Retail Gen Merch Drug and liquor stores, sporting goods Durable 28% and bicycle shops, book, jewelry, hobby and toy stores 13%
Auto New and used car dealers, auto and supply stores, gasoline service stations, boat dealers, recreational Auto vehicle dealers and motorcycle dealers 16% Food Durable Goods Lumber, building and hardware stores, Drugs 23% furniture stores, floor covering stores, 10% drapery and upholstery stores, household appliance stores and electronic stores
Other Apparel, agriculture, and INDICATOR DISCUSSION manufactured goods
The purpose of this graph is to illustrate the sources of sales tax revenue received by the Town of Normal. The figures reported above reflect the category percentage of the total 1% sales tax collected.
Unclassified – For Information Only
This indicator is for educational purposes and is not intended to reflect the stability of the sales tax revenue in future years. - 18 -
$2.00
$1.90 $1.80FOOD & BEVERAGE TAX REVENUE History of Growth $1.70 (Fiscal Year) In Millions $1.60
$1.50
$1.40
$1.30
$1.20
$1.10
$1.00 2005 2006 2007 2008 2009 2010 2011 Food and Beverage 1,205,677 1,349,919 1,466,147 1,580,434 1,690,120 1,758,960 1,914,308 Percent Change -1.52% 11.96% 8.61% 7.80% 6.94% 4.07% 8.83%
INDICATOR DISCUSSION Rating: Positive
This 2% tax applies to all prepared food and beverage items intended New restaurant development has driven the strong for immediate consumption. The tax was implemented in January 2003 increases in food and beverage tax revenue for the last by both the City of Bloomington and Town of Normal. The City of six years. Bloomington collects this tax for both cities and then remits to Normal its share of this revenue. Normal pursues past due account collections.
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Last Year Comparison GOVERNMENTAL EXPENDITURES FYE2010 Percentage BY TYPE FOR FY 2011 General Govt 11.6% $60,071,025 Public Safety 30.0% Highways & Streets 12.7% Sanitation 2.6% Culture & Recreation 14.8% Community Development 21.9% Contractual & G.O. Obligations 6.3% Contractual & G.O. Public Safety Total 100.0% Obligations 30.7% 6.8% General Govt 11.4%
Highways & Streets 12.7%
Community Development Sanitation 21.7% Culture & Recreation 3.1% 13.6%
INDICATOR DISCUSSION Unclassified – For Information Only
The pie chart above is presented for informational Major Categories purposes and illustrates the FY 2011 allocation of financial resources between major spending • Public Safety - Police, Fire and Inspections categories. • Highways & Streets - Public Works, Engineering and Road & Bridge. • Culture and Recreation - Parks and Recreation activities All Town funds are included except for Water, • Community Development – Primarily related to Uptown renewal. Sewer, Health Insurance, Library, Police Pension and Fire Pension.
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$1,800
$1,600
$1,400 POLICE PENSION BENEFIT COST (In Thousands) 79 - Total active Police Officers $1,200 38 - Total retirees drawing benefits 15 - Police with twenty or more years of service 38 - Average age of an active police officer $1,000 11.9 – Average years of service of active police officers $800
$600
$400
$200
$- 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Pension Benefits $722 $794 $878 $997 $1,144 $1,20 4 $1,291 $1,421 $1,494 $1,614 Percent Change 19.2% 9.9% 10.7% 13.5% 14.8% 5.2% 7.2% 10.1% 5.2% 8.1%
INDICATOR DISCUSSION Unclassified – For Information Only
Police Pension Benefits Total benefits paid are expected to continue to accelerate in the future. Tax levy amounts are determined by an actuarial analysis. Staff Police pension benefits are largely uncontrollable costs, as considers this trend educational in nature primarily because these they are determined by the State of Illinois, as opposed to an costs are largely uncontrollable. individual municipality.
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$1,800 $1,600 FIRE PENSION BENEFIT COST (In Thousands) $1,400 63 - Total active firefighters 34 - Total retirees drawing benefits $1,200 7 – Firefighters with twenty or more years of service 39 - Average age of an active firefighter $1,000 9.8 – Average years of service of active firefighters $800 $600 $400 $200
$0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Pension Benefits $601 $650 $747 $9 09 $969 $1,094 $1,24 2 $1,353 $1,428 $1,593 Percent Change 11.4% 8.1% 14.9% 21.7% 6.6% 12.9% 13.5% 8.9% 5.6% 11.6%
INDICATOR DISCUSSION Unclassified – For Information Only
Fire Pension Benefits Total benefits paid are expected to continue to accelerate in the future. Tax levy amounts are determined by an Fire pension benefits are largely uncontrollable costs. Similar to Police, actuarial analysis. Staff considers this trend educational in community size determines fire staffing levels and pension benefits are nature primarily because these costs are largely determined by the State of Illinois. uncontrollable.
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70.00% PERSONNEL COSTS Percent of Total Expenditures 60.00% (Fiscal Year)
50.00%
40.00%
30.00% Fourteen employees were added in 2004 and ten were added in 2005, which had a Eight employees were added significant impact on the percentage of within the General Fund during 20.00% personnel costs to General Fund 2007. expenditures in those years.
10.00%
0.00% 2002200320042005200620072008200920102011 Percentag e 62.66% 61.46% 64.20% 66.30% 64.42% 65.15% 65.01% 68.04% 69.42% 69.19%
INDICATOR DISCUSSION Unclassified – For Information Only
Personnel costs are the primary component of total General Fund expenditures. No employees were added in FY2011. The Fluctuations in the percentage reported above may also be reflective of new programs increased percentage occurred as a result of cost or services offered by the Town. These costs are extremely difficult to decrease in the reduction efforts other than personnel. short run and will normally continue to increase over time as service demands in the community increase. Some of the increases can be offset by the Town’s ability to meet Personnel costs are expected to remain in the service demands with improved technologies and all efforts are made in that area when 67% to 71% range in the foreseeable future. The appropriate. Personnel costs (as a percent of total expenditures) can also increase as a ability of the Town to take advantage of new result of non-personnel cost reductions. technology, as well as the demand for more personnel to meet growing service needs will impact future trends in this indicator.
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$12,000 Health and Dental Claim Costs Per Employee $10,000 (Fiscal Year) Decreases in the costs per $8,000 employee in 2005 and 2006 were primarily a result of a reduction in claim expenses.
$6,000
$4,000 The Town experienced a significant increase in From 2000 (not shown) to 2003 health and dental claim claims expense resulting costs per employee increased substantially. A change in in a 30% increase in cost $2,000 health networks (Sept 2003) had a positive effect on the per employee for FY Town’s health insurance claims expense in 2004. 2007. $0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Cost Per Employee $6,916 $7,822 $7,633 $7,066 $6,721 $8,767 $8,393 $8,345 $11,142 $9,091 Percentage Change 4.9% 13.1% -9.1% -7.9% 2.6% 30.4% -4.3% -0.6% 33.5% -18.4%
INDICATOR DISCUSSION Rating: Positive – with caution
Health and dental care costs across the country have been steadily There has always been uncertainty associated with increasing over the past ten years. The increased cost of providing managing this fund and projecting the Town’s future health insurance has forced many public and private organizations to claim costs. The current year cost per employee reduce benefits or increase employee premiums. The above graph decreased significantly due to decreased claim cost and uses the current number of full-time employees to standardize health a switch to Blue Cross, Blue Shield. For further comment care costs over the period presented. The costs that are allocated to on the fiscal position of the Health and Dental Fund see the employee base also include costs from claims that are submitted pages 35 and 40. by retirees.
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OVERLAPPING DEBT 25.00% As a Percentage of Assessed Value
The Town of Normal’s $10 million 20.00% bond issues in 2004 and 2005 accounted for a large portion of the increases in those years. 15.00%
10.00%
The 2007 increase was 5.00% almost entirely produced when the Town issued an additional $34.7 million in G.O. Bonds. 0.00% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Percentage 11.01% 11.87% 12.80% 14.19% 14.22% 18.18% 21.50% 23.51% 22.51% 22.05%
INDICATOR DISCUSSION Rating: Positive – with caution
Overlapping Debt as a Percentage of Assessed Value The total overlapping debt decreased from $183.4 million in FY2010 to $181.3 million in FY2011. New debt among the local taxing districts was Overlapping debt consists of Normal’s net direct bonded offset by debt paid off. debt (including debt supported by Water and Sewer Funds) and the debt of other governmental units within Normal, including Unit 5 School District, McLean County, the Water Reclamation District, Heartland Community College and the Airport Authority.
- 25 -
$90.00
$80.00
$70.00
$60.00
TOTAL DEBT OUTSTANDING(Fiscal Year) In Millions $1.855 million bond issue $50.00 $5.9 million bond issue
$10 million bond issue $40.00
$24.7 and $10 million bond issues $30.00 $10 million bond issue each year
$20.00 The slight decrease in total outstanding debt is the result of paying off some of the debt’s $10.00 principal.
$0.00 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Total Debt $0.00 $0.00 $10.00 $20.00 $30.00 $64.60 $64.50 $74.40 $79.59 $81.00
INDICATOR DISCUSSION Unclassified – For Information Only
This indicator reports the total debt outstanding All outstanding bond debt relates to funding the Uptown redevelopment project.
of the Town (SSA Bond not included). All of the All debt payments are supported by Council dedicated revenue sources.
debt shown relates to the Uptown redevelopment program. This indicator is rated as unclassified as it illustrates the implementation of the Town’s financial plan for the Uptown renewal effort. “Pay-as-you-go” funding of all other capital improvement projects continues to remain the policy of the Town Council.
- 26 -
12.00% LONG-TERM DEBT As a Percentage of Assessed Value 10.00% (Fiscal Year) $5.9 million bond issue 8.00% $1.855 million bond issue $10 million bond issue
6.00% $24.7 and $10 million bond issues
$10 million bond issues each year 4.00%
2.00%
0.00% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Percentage 0.00% 0.00% 1.71% 3.26% 4.55% 9.01% 8.59% 9.48% 9.77% 9.85%
INDICATOR DISCUSSION Unclassified – For Information Only
This graph examines Normal’s long-term The Town has a long-standing policy of not using the property tax levy to support the debt debt (as a percentage of assessed service related to bonds outstanding on the Uptown redevelopment. The funding need for valuation), which the Town has pledged Uptown is nearing an end and the Town’s revenue capacity has been well positioned to its “full faith and credit” to repayment. manage this debt. This is evidenced by excellent bond ratings received in past years and The graph does not include debt of the AAA rating upgrade by Fitch in 2010. The use of bonds for community development overlapping governmental jurisdictions. purposes will help ensure a vibrant local economy in future years.
- 27 -
$9.000
$8.000 General Fund Cash Balance $7.000 (Fiscal Year) In Millions National recession effects $6.000 Expenditures below budget projections
$5.000
$4.000
$3.000 Cash balance decline of $1.1 million was primarily caused by $1.2 million payment $2.000 of school dedication fees that had been Revenues above budget projections accumulated over the past few years. and expenditures below budget $1.000 projections
$0.000 -$1.000 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Cash & Invest $4.090 $4.353 $6.132 $7.555 $7.593 $6.492 $7.668 $6.833 $4.315 $7.451 Percent Change 16.8% 6.4% 40.9% 23.2% 0.5% -14.5% 18.1% -10.9% -36.8% 72.7%
INDICATOR DISCUSSION Rating: Positive
The data presented above has been taken from the year- This indicator was rated positive as a result of the increase in cash. The end General Fund balance sheet. increase is a result of a combination of budget cuts, revenue enhancements and mild improvements to the economy. .
- 28 -
$14,000,000 General $12,000,000 Fund Balance (Fiscal Year) $10,000,000 Impact of the National recession $8,000,000
$6,000,000
The balance in General Fund did not drop as significantly 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 $4,000,000 as the cash balance (previous chart) largely due to a change in accounting practice for recording income tax revenue. This change increased the fund’s equity, but did not impact cash. $2,000,000 $0
INDICATOR DISCUSSION Rating: Positive
The General Fund is reported at year-end on a Fluctuations in the fund balance are common with a pay-as-you-go financial modified accrual basis of accounting. This philosophy. These fluctuations typically represent expenditures being carried over means that expenditures are recognized when a from one fiscal year to another. liability obligation for payment exists. Revenues are recognized when earned and expected to be The positive rating was assigned as a direct result of the General Fund’s increase received in the short-term. This presentation in fiscal position due to budget measures and a mildly improving economy. also includes the Town’s Vehicle and Equipment Reserve fund which is operationally separate from the General Fund, but combined in the annual financial statements as part of the General Fund. - 29 -
POLICE PENSION PLAN Funding Levels 100.00% (Fiscal Year) Falling equity values created by the national recession have created a drop in the funding level and recovery of those equity values has not occurred. 80.00%
60.00%
40.00% A primary factor for the decline in funding levels related to interest and equity earnings falling Stronger investment returns short of the 7.5% actuarial interest rate projection. help drive up the funding level 20.00% for fiscal year 2007.
0.00% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Funding Level 74.27% 66.73% 66.07% 65.88% 64.83% 68.48% 68.30% 66.19% 63.26% 62.08%
INDICATOR DISCUSSION Rating: Negative
According to State law (effective 1/1/2011), all Illinois police pension The indicator has been assigned a negative rating as a funds must be 90% funded by the year 2040. A downward sloping trend result of the funding decline. The Town and other would indicate reduced financial stability of the fund. In theory, once the municipalities have had concerns in the past with the Illinois funding level reaches 100%, future years should remain at the 100% General Assembly’s power to expand retirement benefits level with appropriate management. Town contributions are established with no fiscal responsibility to pay for them. annually using actuarial data.
- 30 -
FIRE PENSION PLAN 100.00% Funding Levels (Fiscal Year)
80.00% Falling equity values created by the national recession has created a drop in the funding level and recovery of those equity values has not occurred.
60.00%
40.00%
20.00%
0.00% 2002200320042005200620072008200920102011 Funding Level 77.67% 68.06% 68.53% 71.08% 73.05% 74.21% 72.19% 67.88% 67.54% 64.35%
INDICATOR DISCUSSION Rating: Negative
According to State law (effective 1/1/2011), all Illinois fire pension funds The indicator has been assigned a negative rating as a result must be 90% funded by the year 2040. An upward sloping trend of another decrease in the funding level which is the lowest indicates improved financial stability of the fund. In theory, once the level of all years presented above. The Town and other funding level reaches 100%, future years should remain at the 100% municipalities have had concerns in the past with the Illinois level with appropriate management. Town contributions are established General Assembly’s power to expand retirement benefits with annually using actuarial data. no fiscal responsibility to pay for them.
- 31 -
120.0% IMRF Falling equity values created by the (Illinois Municipal Retirement Fund) national recession have created a Funding Levels drop in the funding level and recovery (Calendar Year) of those equity values has not 100.0% occurred.
80.0%
60.0%
40.0% Funding levels decreased as a result of falling Improving market conditions combined investment returns and losses in the financial with increased contributions from the market due to an economic downturn. Town has created the turnaround in the 20.0% funding level.
0.0% 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Percent 108.9% 97.1% 89.6% 83.8% 85.8% 87.6% 89.1% 74.7% 72.8% 68.9%
INDICATOR DISCUSSION Rating: Negative
In addition to Social Security, the Town contributes to three employee pension funds: This indicator has • Police Pension received a negative • Fire Pension rating as a result of the • Illinois Municipal Retirement Fund (IMRF) funding level decrease. The actual current The graph above summarizes the changes in IMRF funding levels that have occurred over time. The IMRF funding level of 68.9% is contribution levels are actuarially determined by a private firm employed by the IMRF Board. The funding level viewed as favorable has been taken from the GASB 27 statement, which can be found in the annual financial report. All active when compared to other IMRF employees contribute 4.5% of their total earnings. The employer rate established by the IMRF Board municipal pension varies from year to year. funds.
- 32 -
$10.00 $9.00 WATER FUND (Fiscal Year) $8.00 In Millions The cash and investment balances increased and then declined mainly $7.00 because of the Town’s issuance of Water revenue declined primarily as fixed rate bonds for Uptown water $6.00 a result of a wet and cool summer infrastructure projects. $5.00 $4.00 $3.00 $2.00 $1.00 $0.00 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Cash & Invest $0.52 $1.04 $1.19 $1.40 $3.30 $4.72 $2.93 $2.36 $2.56 $3.94 Revenue $3.97 $4.85 $4.66 $4.58 $5.42 $6.01 $6.23 $6.37 $7.20 $8.61
INDICATOR DISCUSSION Rating: Positive
The Cash and Investments category includes both The steady revenue increase since 2009 is primarily the result of a rate increase operations and funds reserved for vehicle and (effective October 1, 2009). The Council approved rate increase was designed to equipment replacement. A trend of either shore up the Water fund’s financial position over the next few years and provide decreasing revenue or cash can be interpreted as a funding for needed water capital projects. warning indicator for financial troubles in the fund.
The combination of a decline in both categories would be a very clear indication of instability and potential future hardships.
- 33 -
$7.00
$6.00 SEWER FUND (Fiscal Year) $5.00 In Millions
The cash and investment balances $4.00 increased mainly due to the Town’s issuance of fixed rate bonds for Uptown sewer infrastructure projects. $3.00
$2.00
$1.00
$0.00 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Cash & Invest $0.82 $1.07 $1.45 $1.68 $4.04 $5.98 $2.38 $1.72 $0.41 $0.90 Revenue $1.29 $1.31 $1.40 $1.45 $1.41 $1.68 $1.70 $1.62 $1.49 $2.23
. INDICATOR DISCUSSION Rating: Positive with Caution
The Cash and Investments category includes both The increase in revenue and cash from last year is the result of operational and operations and funds reserved for vehicle and capital budget savings as well as a Council approved system maintenance fee equipment replacement. A trend of either (effective 4/1/2010). The Sewer Fund is solvent but Staff does plan to undertake decreasing revenue or cash can be interpreted as a a more comprehensive rate study for the operation in the future. warning sign for financial troubles in the fund. The combination of a decline in both categories would
be a very clear indication of instability and potential future hardships.
- 34 -
$2.4
$1.9 Health and Dental Insurance Fund Fund Balance In millions (Fiscal Year) $1.4 A 7% rate increase as well as lower than expected claim expense helped further strengthen the fund in FY2006. There Decreases were was no rate increase in FY2007. primarily the result of $0.9 2002 2003an increase2004 2005in claims 2006 2007 2008 2009 2010 2011 paid per employee
$0.4 17% rate increase helped pull the fund out of its ($0.1) deficit position
($0.6)
INDICATOR DISCUSSION Rating: Positive
The Town of Normal provides health and dental Fund balance increased $900,000 from 2010 to 2011. This increase was primarily insurance through a self-funded plan. The Health driven by a significant decrease in claim expenses. It is difficult to evaluate claim Insurance Fund is classified as an Internal Service activity and the related expenses, but all of the savings (year to year comparison) Fund and derives its revenue from Town and occurred once the Town switched to Blue Cross/Blue Shield in September. It is employee contributions. staff’s opinion that the management of claims by the new carrier has enhanced cost controls and provided significant savings to the fund. This fund will continue to be closely monitored as it remains a significant challenge to anticipate future claim costs. To mitigate much of this uncertainty the Town maintains a strong reserve fund balance.
- 35 -
Parks/Rec Costs Supported by Fees 51.00% Percentage of Fees to Expenses Revenue increases (Fiscal Year) for Golf and Museum 50.00% programs Revenue increases for 49.00% Youth and Aquatic programs 48.00%
47.00% Expanded staffing needs related to increased park maintenance responsibilities, which 46.00% included the addition of a new dog park, resulted 45.00% in a drop in revenue coverage 44.00% 43.00% 42.00% 41.00% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Percent of Expenses 49.51% 44.10% 45.04% 44.85% 44.96% 47.52% 49.71% 48.04% 49.10% 49.14%
INDICATOR DISCUSSION Unclassified – For Information Only
The graph above summarizes the percent of park and recreation fees that The Town monitors the cost of all parks and help support the program. Some of the more significant program revenues recreation programs to insure an appropriate that help support the Parks and Recreation operations are listed below. balance between fee and subsidized programs.
• Before and After School • Golf Course Fees • Museum Admissions • Aquatic Programs
- 36 -
Financial Strategies
General Fund Operating Reserves – Positive Outlook with caution
Management Strategy: Maintain a projected 10% minimum fund balance for all budget years presented in the 5-year budget. The Town will consider, during the FY2012-13 budget process, increasing the minimum to 15% due to its heavy reliance on sales tax that will fluctuate with changes related to the national economic conditions.
Operating reserves are an essential fiscal policy for any local government. An adequate fund balance in the General Fund helps:
• Maintain working capital for paying bills in a timely manner • Finance cash flow needs and avoids short-term borrowing given seasonal revenue streams • Provide for unanticipated needs • Provide resources to take advantage of unexpected opportunities • Provide a key indicator of fiscal health for rating agency reviews
Measuring the General Fund Operating Reserve
As part of the budget planning process, Finance calculates the fund balance for budgetary purposes (spendable fund balance and/or liquidity) as the year ending cash balance less current liabilities. This projection of General Fund balance takes into account the FY2010-11 results and projections from the approved budget for FY2011-12.
$7,000,000
$6,000,000
$5,000,000
$4,000,000
$3,000,000
$2,000,000
$1,000,000
$0 Actual Adopted Proposed Proposed Proposed Proposed FYE2011 FYE2012 FYE2013 FYE2014 FYE2015 FYE2016 Projected Fund Balance 4,644,944 4,868,598 5,016,368 5,359,605 5,731,726 6,345,817 Target Minimum Fund Balance 4,703,254 4,894,012 5,042,742 5,236,355 5,381,389 5,560,524 Percentage 9.9% 9.9% 9.9% 10.2% 10.7% 11.4%
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Vehicle and Equipment Reserves – Positive Outlook
Management Strategy: Maintain the Vehicle and Equipment reserve fund balance at 110% of the average spending for the most current projected 5 year budget plan. We are achieving this strategy in all years projected.
The VE reserve fund is used to accumulate resources to fund the replacement of the Town’s vehicle and equipment needs. It is essentially an extension of the General Fund and, by management practice, funds are set aside each year to pay for vehicle and equipment replacement needs. The necessary fund balance or reserve level that should be maintained is a function of management judgment and the anticipated replacement costs of various vehicles and equipment.
Fiscal Year Planned Spending Planned Fund Balance Above/(Below) FY 2011-12 2,181,174 4,789,823 2,002,023 FY 2012-13 3,922,084 3,417,308 629,508 FY 2013-14 2,654,908 3,317,996 530,196 FY2014-15 2,105,099 3,786,433 998,633 FY2015-16 1,808,553 4,450,827 1,663,027
Average 2,534,364 110% 2,787,800
Contingency Funding – Positive Outlook
Management strategy: Maintain an annual contingency amount equal to 1% of General Fund expenditures
Given the fact that the Town historically uses all of its contingency funds, management is working towards maintaining an annual contingency fund equal to 1% of planned General Fund expenditures. This will help grow the contingency amount in relationship with the Town’s service/expenditure needs.
Fiscal Year Expenditures Management Strategy Current Planned Above/(Below) FYE2011 Actual $47,032,540 $470,325 $350,000 ($120,325) FYE2012 Proposed $48,940,118 $489,401 $600,000 $110,599 FYE2013 Proposed $50,427,423 $504,274 $600,000 $95,726 FYE2014 Proposed $52,363,545 $523,635 $600,000 $76,365 FYE2015 Proposed $53,813,891 $538,139 $600,000 $61,861 FYE2016 Proposed $55,605,235 $556,052 $600,000 $43,948
- 38 -
Debt Management Capacity - Positive Outlook
Management Strategy for Capacity: Keep current and projected annual debt service payments at or below 10% of General Fund annual revenue.
Total General Net Debt Service Debt Payment/ Fiscal Year Fund Rev Payment Gen Rev FYE10 45,535,405 3,694,444 8.1% FYE11 48,963,390 3,625,493 7.4% FYE12 49,163,772 3,785,854 7.7% FYE13 50,575,193 3,947,376 7.8% FYE14 52,706,782 4,138,359 7.9% FYE15 54,186,012 4,187,763 7.7% FYE16 56,219,326 4,514,765 8.0%
This strategy serves only as a general guideline, as specific situations/circumstances will impact the amount of debt the Town is willing to issue and each debt issue decision must be considered on a case by case basis.
Debt Management Coverage – Positive Outlook Management Strategy for Coverage: Keep projected annual revenue and reserve balances set aside for projected debt service payments at specific coverage ratios. These ratios are 1.00 for annual revenue to annual debt service and 1.25 for annual revenue plus carry forward reserves to annual debt service.
Coverage ratio (1) compares the projected annual revenue made available for debt service to the projected annual debt service payment. A coverage ratio of 1.0 means the Town’s dedicated revenue for a specific year equals the planned debt service.
Coverage ratio (2) compares the projected annual revenue plus carry-forward reserves available for debt service to the projected annual debt service payment. Specific targets are set for both coverage ratios. These ratios are based on the debt program as adopted in the FY2011-12 Budget
Coverage Ratios (1) and (2) (1) Rev/Exp (2) Rev + Fiscal Year 1.00 Bal/Exp 1.25 FYE12 0.99 1.64 FYE13 1.01 1.58 FYE14 1.00 1.53 FYE15 1.00 1.50 FYE16 1.00 1.40 FYE17 1.05 1.39 - 39 -
Health Insurance Reserve – Positive Outlook
Management Strategy: Maintain a reserve balance equal to the four highest expense months from the most recently closed fiscal year. The projected fund balance is above our management strategy; therefore, the outlook was rated as positive.
This is a fairly conservative approach to reserve levels, but staff feels it is appropriate for the following reasons.
• Small employee base – adds potential for significant swings in expected claims • Older employee base – adds potential for higher than usual claim expense • Provides for smoothing out spikes in premium charges • Provides flexibility to manage premium increases • Provides flexibility to manage benefit increases
Below is our calculation of the reserve as well as projections from the adopted FY2011-12 budget.
Line Item FY2012 FY2013 FY2014 FY2015 FY2016 Fiscal Year 2010-11 Beginning Fund Balance 2,137,854 2,295,193 2,352,854 2,386,444 2,426,505 Month Monthly Spending Min Balance April 253,590 Revenue 4,108,459 4,339,991 4,613,600 4,908,571 5,207,805 May 244,183 June 312,447 312,447 Expenditures 3,951,120 4,282,330 4,580,010 4,868,510 5,126,840 July 257,102 August 607,831 607,831 Ending Fund Balance 2,295,193 2,352,854 2,386,444 2,426,505 2,507,470 September 230,101 Target Balance 1,784,202 1,933,766 2,068,189 2,198,467 2,315,120 October 97,968 November 421,522 421,522 December 164,074 January 288,003 288,003 February 265,680 March 218,977 Total 3,361,478 1,629,803
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Summary
We hope this report has provided the reader with a better understanding of the Town’s historical financial activity as well as the overall fiscal outlook for the future. If you have any questions or would like to see more detail, please contact the Finance Department at 309- 454-9513.
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TOWN COUNCIL ACTION REPORT
September 1, 2011
Presentation of a Hotel Market Study Conducted by HVS Hospitality Consultants and Discussion of Alternative Courses of Action
PREPARED BY: Mark R. Peterson, City Manager
BUDGET IMPACT: N/A
STAFF RECOMMENDATION: That a Request for Development Proposals for the One Uptown Circle site be prepared and disseminated to development entities throughout the Midwest.
ATTACHMENTS: Hotel Market Study
BACKGROUND
The Town entered into a redevelopment agreement for the parcel in Uptown commonly referred to One Uptown Circle in 2007 with One Main Development of Champaign, Illinois. One Main had proposed to develop a mixed use building including ground for retail, office and residential uses. Due to the national economy and the difficulty in financing real estate development projects, this project did not move forward. On October 18, 2010, the Town Council took action to terminate its development agreement with One Main Development due to their inability to complete the project as proposed. At that time, the Council also asked staff to pursue other development alternatives for the site.
Over the course of the past several months, staff has made contact with several interested development companies throughout the Midwest. In the last few months, the staff has engaged in substantive conversations with developers interested in constructing both luxury market rate apartments as well as a limited service/extended stay hotel on the subject property. In all cases, the developers have indicated a willingness to include ground floor retail which would be in accordance with the Uptown Renewal Plan.
The concept of an extended stay hotel on the site was initially thought to be a reasonable compromise from owner occupied condominiums or luxury apartments. A hotel use, we believe, would provide a residential type presence in the Uptown area that would help support the restaurants and other retail businesses throughout the district. However, concerns were raised about how an additional hotel might impact the Marriott Hotel and Conference Center which opened in November of 2009. Further, there were some questions as to whether there was sufficient market demand for another extended stay hotel within the Bloomington Normal area.
In response to these questions, the Town Council authorized the engagement of HVS International to conduct a hotel market study looking specifically at the feasibility of a second hotel, either limited service or extended stay, in Uptown Normal and how such a hotel might impact the Uptown Marriott Hotel and Conference Center. HVS had been previously engaged on two separate occasions by the Town to undertake hotel studies. In 2000, HVS undertook an extensive market study to evaluate the feasibility of a full service hotel and conference center in Uptown Normal. A few years ago, they were engaged to TOWN COUNCIL ACTION REPORT study the local hotel market as it related to possible redevelopment of the old Holiday Inn property in north Normal. Regarding the latter, a hotel development company from Freeport, Illinois, Swift Hospitality, has purchased the hotel and has indicated a plan to redevelop that hotel under a Radisson flag.
DISCUSSION/ANALYSIS
The proposed hotel study was completed and delivered to the Town on August 9, 2011. In summary, the hotel market study has reached the following conclusions:
1. The local hotel/lodging market is very competitive and is, at the present time, not growing to any great extent. 2. There is limited demand for additional extended stay type hotel services within the community. 3. The impact on the Normal Marriott Hotel by the planned Radisson in north Normal could be significant. The Radisson will be a direct competitor to the Marriott Hotel and would likely have a significant impact on the Marriott’s occupancy levels and its average daily room rates. 4. An extended stay or limited service hotel in Uptown Normal, on the Uptown One Circle site, would have some impact on the Marriott Hotel but that impact would likely be modest. 5. The consultants concluded that if the proposed Radisson project in north Normal goes forward, that the Town should not provide public support for another hotel in Uptown Normal given the significant impact two new hotel projects could have on the Uptown Marriott.
Staff continues to have conversations with Swift Hospitality. Their plans for the redevelopment of the Holiday Inn into a Radisson appear to be moving forward. In fact, staff is in the process of negotiating a development agreement with Swift Hospitality which would give them the opportunity to take advantage of financial support from the existing Tax Increment Financing District that was set up a few years ago to assist in the redevelopment of that old hotel property. Given the fact that the Radisson project appears to be moving forward, the Council now must consider the appropriateness of supporting, with various financial incentives, another hotel in the Uptown area. As has been shared with the Council, the staff has been contacted by at least two developers that have expressed significant interest in developing a hotel in Uptown Normal. However, in both cases, in order for those projects to move forward, a commitment of substantial public support would be necessary.
As has also been reported to Council, staff has had recent conversations with a few developers interested in developing market rate luxury apartments above ground floor retail on the Uptown One site. Although no formal proposals have been submitted, staff also believes that those developers would require substantial public assistance in order to undertake those projects.
Therefore, staff recommends that the Town Council authorize issuance of a Request for Proposals (RFP) from developers pertaining to the Uptown One Circle site. Those RFP’s could be limited in the following ways:
1. A very open ended RFP that solicits any and all proposed uses with a requirement for retail uses on the ground floor. 2. An RFP limiting the uses to either limited service or extended stay hotel above ground floor retail. 3. An RFP limiting the uses to luxury apartments above ground floor retail. 4. An RFP limiting the uses to either hotel or luxury apartment proposals above ground floor retail.
TOWN COUNCIL ACTION REPORT
Staff believes that there are developers interested in the project. However, capital financing for these types of speculative real estate projects is still very difficult to obtain. There is no question that substantial public assistance via TIF rebates along with Sales Tax and Food & Beverage Tax rebates would likely be required in order for a quality development to be feasible.
Staff believes that an RFP could be assembled within the next two to three weeks and distributed to development companies throughout the Midwest in that same time frame. It would be our suggestion that the Council provide 30-45 days for development companies to review the proposal and to assemble their responses. A 30 day review period for staff to evaluate all proposals would likely be necessary. Consequently, staff believes that a recommendation could be forwarded to Council, concerning the development of this property, in late November or early December. It is likely that the selected developer will still require anywhere from 60 to 120 days additional time for further due diligence to verify the feasibility of the project and to confirm cost projections and to solidify the necessary public participation in order to secure financing.
Hotel Market Study
Uptown Normal Marriott Hotel
August 9, 2011
- 1 - Table of Contents
I. Market Study Overview II. Normal-Bloomington Hotel Market III. Four Scenarios for the Marriott Hotel § No change in market room supply § Closed Holiday Inn reopens as a Radisson § Extended-Stay Hotel opens in Uptown Normal § Radisson opens, plus a new Extended-Stay Hotel IV. Conclusions V. Four Pro Formas
- 2 - I. Market Study Overview
- 3 - Project Overview
§ Determine the effect on the Marriott Hotel’s performance under four market conditions: 1. Base Case – no change in market § No change in competitive market room supply 2. Radisson Opens § Closed Holiday Inn reopens as a Radisson § Other site uses/retail 3. Extended-Stay Opens § New Extended-Stay Hotel in Uptown Normal 4. Two Hotels Open § Closed Holiday Inn reopens as a Radisson § New Extended-Stay Hotel opens in Uptown Normal
- 4 - Methodology and Market Study Process
Site Inspection
Market Area Analysis Forecast “Market” Hotel Supply/Demand Performance
TCC Demand Analysis ADR and Occupancy Penetration*
Forecast Financial Operations
* By market segment: 1) commercial, 2) group, 3) leisure
- 5 - Possible New Residence Inn by Marriott Hotel in Bloomington-Normal Market
§ Residence Inn by Marriott has been proposed on the campus of State Farm Insurance in Bloomington. § Project does not have financing. § The proposed project was not included in the analysis due to the uncertainty over financing. § Should the Residence Inn by Marriott be built, it would be a new secondary competitor to the Uptown Marriott Hotel and could aversely effect average rate and occupancy.
- 6 - II. Normal-Bloomington Hotel Market
- 7 - National Occupancy and Average Rate Trends
70.0% $120
$100 65.0%
$80 60.0%
$60 55.0% $40
50.0% $20
$0 45.0% 87 88 89 90 91 92 93 94 95 96 97 98 99 00 02 03 04 05 07 08 09 10 19 19 19 19 19 19 19 19 19 19 19 19 19 20 2001 20 20 20 20 2006 20 20 20 20 Apr '11
RevPAR Average Rate Occupancy T12
Source: STR
- 8 - Primary Competitive Set – 679 Total Rooms
Property Rooms
Marriott Hotel 228
DoubleTree Hotel 197
Hampton Inn & Suites 128
Holiday Inn & Suites 126
- 9 - Secondary Set of Competitors – 532 Total Rooms
Property Rooms
Courtyard Bloomington Normal 78
Fairfield Inn & Suites Bloomington 76
Eastland Suites & Conference Center 112
Chateau Hotel & Conference Center 180
Holiday Inn Express & Suites 86
- 10 - Competitors Historical Rate and Occupancy from 2000 to May 2011
Average Daily Available Room Occupied Room Average RevPAR (Revenues Year Room Count Nights Change Nights Change Occupancy Rate Change per Available Room) Change 2000 769 280,685 — 198,309 — 70.7 % $76.63 — $54.14 — 2001 795 290,101 3.4 % 196,486 (0.9) % 67.7 79.93 4.3 % 54.14 (0.0) % 2002 813 296,745 2.3 193,144 (1.7) 65.1 80.41 0.6 52.34 (3.3) 2003 813 296,745 0.0 180,850 (6.4) 60.9 80.23 (0.2) 48.90 (6.6) 2004 813 296,745 0.0 180,488 (0.2) 60.8 77.13 (3.9) 46.91 (4.1) 2005 813 296,745 0.0 195,092 8.1 65.7 76.74 (0.5) 50.45 7.6 2006 706 257,545 (13.2) 191,796 (1.7) 74.5 86.51 12.7 64.43 27.7 2007 790 288,411 12.0 195,792 2.1 67.9 96.57 11.6 65.56 1.8 2008 983 358,795 24.4 232,526 18.8 64.8 97.69 1.2 63.31 (3.4) 2009 1,040 379,771 5.8 246,849 6.2 65.0 95.62 (2.1) 62.15 (1.8) 2010 1,211 442,015 16.4 274,736 11.3 62.2 98.90 3.4 61.47 (1.1) Year-to-Date Through May 2010 1,211 182,861 — 114,359 — 62.5 % $99.05 — $61.94 — 2011 1,211 182,861 0.0 % 112,487 (1.6) % 61.5 100.51 1.5 % 61.83 (0.2) %
Average Annual Compounded Change: 2000-2010 4.6 % 3.3 % 2.6 % 1.3 %
- 11 - Primary and Secondary Competitors Supply and Occupancy for the Last 10 Years
500,000 100 450,000 90 400,000 350,000 80 300,000 70 250,000 200,000 60 pancy% cu
Room Nights Room 150,000 50 100,000 Oc 50,000 40 0 30 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Room Supply Room Demand Occupancy
Source: Smith Travel Research
• The closing of the Holiday Inn in 2006 caused a significant increase in occupancy rates in 2007
• Increases in supply after 2006 caused occupancy rates to decline - 12 - III. Four Scenarios for the Marriott Hotel
- 13 - Scenario 1: Base Case – No Change in Supply
§ No change in the primary or secondary competitors to the Marriott Hotel
- 14 - Scenario 2: The Radisson Opens
§ The closed Holiday Inn reopens as a Radisson and adds 150 rooms to the market. § The Radisson Hotel includes a renovated ballroom and meeting space. § The Radisson Hotel is a new primary competitor to the Marriott Hotel due to similar product type.
- 15 - Scenario 3: The Extended-Stay Hotel Opens
§ A new 80-room Extended-Stay Hotel is built in Normal. § The site of the Extended-Stay Hotel is adjacent to the Marriott Hotel. § The new Extended-Stay Hotel is a new primary competitor to the Uptown Marriott Hotel due to location.
- 16 - Scenario 4: Two Hotels Open
§ The closed Holiday Inn reopens as a Radisson and adds 150 rooms to the market. § The Radisson Hotel includes a renovated ballroom and meeting space. § The Radisson Hotel is a new primary competitor to the Marriott Hotel due to similar product type. § A new 80-room Extended-Stay Hotel is built in Normal. § The site of the Extended-Stay Hotel is adjacent to the Uptown Marriott Hotel. § The new Extended-Stay Hotel is a new primary competitor to the Marriott Hotel due to location.
- 17 - Comparison of Projected Occupancy Rates
Scenario 2: Scenario 3: Scenario 4: Scenario 1: Year Radisson Extended- Both Hotels Base Case Opens Stay Opens Open 2011 65% 65% 65% 65%
2012 66% 63% 66% 63%
2013 67% 60% 66% 59%
2014 68% 59% 65% 57%
2015 68% 60% 65% 58%
- 18 - Comparison of Projected Average Daily Rate
Scenario 2: Scenario 3: Scenario 4: Scenario 1: Year Radisson Extended-Stay Both Hotels Base Case Opens Opens Open 2011 $118 $118 $118 $118
2012 $121 $120 $121 $120
2013 $123 $121 $123 $121
2014 $126 $122 $124 $122
2015 $129 $124 $126 $123
- 19 - Comparison of Projected RevPAR (Revenues per Available Room)
Scenario 2: Scenario 3: Scenario 4: Scenario 1: Year Radisson Extended-Stay Both Hotels Base Case Opens Opens Open 2011 $77 $77 $77 $77
2012 $80 $75 $80 $75
2013 $82 $74 $81 $71
2014 $85 $72 $81 $69
2015 $88 $75 $82 $71
- 20 - Marriott Pro Forma Comparison for 2015 ($000)
Scenario 1: Scenario 2: Scenario 3: Scenario 4: Base Case Radisson Extended-Stay Both Hotels Opens Opens Open Revenues $11,214 $9,646 $10,516 $9,235 Department Expenses 3,584 3,263 3,464 3,182 Undistributed Expenses 4,462 3,927 4,222 3,797 House Profit $3,167 $2,547 $2,831 $2,286 Management Fee 224 193 210 185 Income Before Fixed $2,943 $2,264 $2,620 $2,010 Expenses Fixed Expenses 1,041 853 954 808 Net Income $1,903 $1,411 $1,666 $1,293 NOI % change from -26% -12% -32% base case
- 21 - IV. Conclusions
- 22 - Conclusions § Increase in room supply has potential to: § Reduce the Marriott’s occupancy rates § Slow the rate of increase of Marriott room rates § Negatively effect the net income of the Marriott § Opening of the Radisson Hotel would have a more significant impact on rate and occupancy than the extended stay property due to the larger number of rooms and extensive ballroom and meeting space. § Opening of the Extended-Stay Hotel would have a modest effect on the occupancy and rates of the Marriott Hotel. We estimated 1,800 additional room nights annually would be added to the market due to increase use of the Conference Center. § The combined effect of both hotels opening has the potential to decrease net operating income of the Marriott by 32%. § Public support of the Extended-Stay Hotel should only occur if the Radisson does not successfully open. § The Marriott needs to take steps to counter the negative impact of the potential opening of the Radisson through more aggressive marketing efforts.
- 23 - Scenario 1: Base Case Pro Forma
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Number of Rooms: 228 228 228 228 228 228 228 228 228 228 Occupied Rooms: 54,093 54,925 55,757 56,590 56,590 56,590 56,590 56,590 56,590 56,590 Occupancy: 65% 66% 67% 68% 68% 68% 68% 68% 68% 68% Average Rate: $118.32 % of $120.69 % of $123.10 % of $125.56 % of $129.33 % of $133.21 % of $137.21 % of $141.32 % of $145.56 % of $149.93 % of RevPAR: $76.91 Gross $79.65 Gross $82.48 Gross $85.38 Gross $87.94 Gross $90.58 Gross $93.30 Gross $96.10 Gross $98.98 Gross $101.95 Gross REVENUE Rooms $6,400 65.7 % $6,629 65.7 % $6,864 65.5 % $7,106 65.3 % $7,319 65.3 % $7,538 65.3 % $7,764 65.3 % $7,997 65.3 % $8,237 65.3 % $8,484 65.3 % Food 3,010 30.9 3,117 30.9 3,259 31.1 3,407 31.3 3,509 31.3 3,614 31.3 3,723 31.3 3,835 31.3 3,950 31.3 4,068 31.3 Other Operated Departments 276 2.8 286 2.8 299 2.9 312 2.9 322 2.9 331 2.9 341 2.9 352 2.9 362 2.9 373 2.9 Rentals & Other Income 55 0.6 57 0.6 60 0.6 62 0.6 64 0.6 66 0.6 68 0.6 70 0.6 72 0.6 75 0.6 Total 9,741 100.0 10,089 100.0 10,482 100.0 10,888 100.0 11,214 100.0 11,550 100.0 11,896 100.0 12,253 100.0 12,621 100.0 13,000 100.0 DEPARTMENTAL EXPENSES* Rooms 1,349 21.1 1,392 21.0 1,450 21.1 1,510 21.2 1,555 21.2 1,602 21.3 1,650 21.3 1,699 21.3 1,750 21.3 1,803 21.3 Food & Beverage 1,662 55.2 1,715 55.0 1,786 54.8 1,861 54.6 1,917 54.6 1,974 54.6 2,033 54.6 2,094 54.6 2,157 54.6 2,222 54.6 Other Operated Departments 97 35.0 100 35.0 105 35.0 109 35.0 113 35.0 116 35.0 119 35.0 123 35.0 127 35.0 131 35.0 Total 3,108 31.9 3,207 31.8 3,341 31.9 3,480 32.0 3,584 32.0 3,692 32.0 3,803 32.0 3,917 32.0 4,034 32.0 4,155 32.0 DEPARTMENTAL INCOME 6,633 68.1 6,882 68.2 7,141 68.1 7,408 68.0 7,630 68.0 7,858 68.0 8,094 68.0 8,337 68.0 8,587 68.0 8,844 68.0 UNDISTRIBUTED OPERATING EXPENSES Administrative & General 1,276 13.1 1,316 13.0 1,364 13.0 1,414 13.0 1,457 13.0 1,500 13.0 1,545 13.0 1,592 13.0 1,639 13.0 1,689 13.0 Marketing 1,079 11.1 1,114 11.0 1,154 11.0 1,197 11.0 1,232 11.0 1,269 11.0 1,307 11.0 1,347 11.0 1,387 11.0 1,429 11.0 Franchise Fee 666 6.8 690 6.8 716 6.8 742 6.8 764 6.8 787 6.8 810 6.8 835 6.8 860 6.8 886 6.8 Prop. Operations & Maint. 438 4.5 454 4.5 472 4.5 490 4.5 505 4.5 520 4.5 535 4.5 551 4.5 568 4.5 585 4.5 Utilities 438 4.5 454 4.5 472 4.5 490 4.5 505 4.5 520 4.5 535 4.5 551 4.5 568 4.5 585 4.5 Total 3,898 40.0 4,028 39.8 4,178 39.8 4,332 39.8 4,462 39.8 4,596 39.8 4,734 39.8 4,876 39.8 5,022 39.8 5,173 39.8 HOUSE PROFIT 2,735 28.1 2,855 28.4 2,963 28.3 3,075 28.2 3,167 28.2 3,262 28.2 3,360 28.2 3,461 28.2 3,565 28.2 3,672 28.2 Management Fee 195 2.0 202 2.0 210 2.0 218 2.0 224 2.0 231 2.0 238 2.0 245 2.0 252 2.0 260 2.0 INCOME BEFORE FIXED CHARGES 2,540 26.1 2,653 26.4 2,754 26.3 2,858 26.2 2,943 26.2 3,031 26.2 3,122 26.2 3,216 26.2 3,312 26.2 3,412 26.2 FIXED EXPENSES Property Taxes 399 4.1 416 4.1 432 4.1 449 4.1 462 4.1 476 4.1 490 4.1 505 4.1 520 4.1 536 4.1 Insurance 113 1.2 117 1.2 122 1.2 126 1.2 130 1.2 134 1.2 138 1.2 142 1.2 146 1.2 151 1.2 Reserve for Replacement 390 4.0 404 4.0 419 4.0 436 4.0 449 4.0 462 4.0 476 4.0 490 4.0 505 4.0 520 4.0 Total 901 9.3 937 9.3 973 9.3 1,010 9.3 1,041 9.3 1,072 9.3 1,104 9.3 1,137 9.3 1,171 9.3 1,206 9.3 NET INCOME $1,639 16.8 % $1,716 17.1 % $1,781 17.0 % $1,847 16.9 % $1,903 16.9 % $1,959 16.9 % $2,018 16.9 % $2,079 16.9 % $2,141 16.9 % $2,205 16.9 % #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! *Departmental expenses are expressed as a percentage of departmental revenues.
- 24 - Scenario 2: Radisson Hotel Reopens Pro Forma
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Number of Rooms: 228 228 228 228 228 228 228 228 228 228 Occupied Rooms: 54,093 52,429 49,932 49,100 49,932 49,932 49,932 49,932 49,932 49,932 Occupancy: 65% 63% 60% 59% 60% 60% 60% 60% 60% 60% Average Rate: $118.32 % of $119.50 % of $120.70 % of $121.91 % of $124.34 % of $128.07 % of $131.92 % of $135.87 % of $139.95 % of $144.15 % of RevPAR: $76.91 Gross $75.29 Gross $72.42 Gross $71.92 Gross $74.61 Gross $76.84 Gross $79.15 Gross $81.52 Gross $83.97 Gross $86.49 Gross REVENUE Rooms $6,400 65.7 % $6,265 65.5 % $6,027 65.0 % $5,986 64.6 % $6,209 64.4 % $6,395 64.4 % $6,587 64.4 % $6,784 64.4 % $6,988 64.4 % $7,198 64.4 % Food 3,010 30.9 2,975 31.1 2,919 31.5 2,956 31.9 3,096 32.1 3,189 32.1 3,285 32.1 3,383 32.1 3,485 32.1 3,590 32.1 Other Operated Departments 276 2.8 273 2.9 268 2.9 271 2.9 284 2.9 292 2.9 301 2.9 310 2.9 319 2.9 329 2.9 Rentals & Other Income 55 0.6 55 0.6 54 0.6 54 0.6 57 0.6 58 0.6 60 0.6 62 0.6 64 0.6 66 0.6 Total 9,741 100.0 9,568 100.0 9,267 100.0 9,267 100.0 9,646 100.0 9,935 100.0 10,233 100.0 10,540 100.0 10,856 100.0 11,182 100.0 DEPARTMENTAL EXPENSES* Rooms 1,349 21.1 1,344 21.5 1,336 22.2 1,359 22.7 1,417 22.8 1,460 22.8 1,503 22.8 1,548 22.8 1,595 22.8 1,643 22.8 Food & Beverage 1,662 55.2 1,656 55.7 1,646 56.4 1,675 56.7 1,746 56.4 1,799 56.4 1,853 56.4 1,908 56.4 1,965 56.4 2,024 56.4 Other Operated Departments 97 35.0 95 35.0 94 35.0 95 35.0 99 35.0 102 35.0 105 35.0 109 35.0 112 35.0 115 35.0 Total 3,108 31.9 3,096 32.4 3,075 33.2 3,129 33.8 3,263 33.8 3,360 33.8 3,461 33.8 3,565 33.8 3,672 33.8 3,782 33.8 DEPARTMENTAL INCOME 6,633 68.1 6,471 67.6 6,191 66.8 6,139 66.2 6,383 66.2 6,575 66.2 6,772 66.2 6,974 66.2 7,184 66.2 7,400 66.2 UNDISTRIBUTED OPERATING EXPENSES Administrative & General 1,276 13.1 1,265 13.2 1,246 13.4 1,256 13.6 1,304 13.5 1,343 13.5 1,383 13.5 1,424 13.5 1,467 13.5 1,511 13.5 Marketing 1,079 11.1 1,071 11.2 1,054 11.4 1,063 11.5 1,103 11.4 1,136 11.4 1,170 11.4 1,205 11.4 1,242 11.4 1,279 11.4 Franchise Fee 666 6.8 653 6.8 630 6.8 627 6.8 652 6.8 671 6.8 691 6.8 712 6.8 733 6.8 756 6.8 Prop. Operations & Maint. 438 4.5 431 4.5 417 4.5 417 4.5 434 4.5 447 4.5 460 4.5 474 4.5 489 4.5 503 4.5 Utilities 438 4.5 431 4.5 417 4.5 417 4.5 434 4.5 447 4.5 460 4.5 474 4.5 489 4.5 503 4.5 Total 3,898 40.0 3,850 40.2 3,764 40.6 3,781 40.9 3,927 40.7 4,044 40.7 4,166 40.7 4,290 40.7 4,419 40.7 4,552 40.7 HOUSE PROFIT 2,735 28.1 2,621 27.4 2,427 26.2 2,358 25.3 2,457 25.5 2,530 25.5 2,606 25.5 2,684 25.5 2,765 25.5 2,848 25.5 Management Fee 195 2.0 191 2.0 185 2.0 185 2.0 193 2.0 199 2.0 205 2.0 211 2.0 217 2.0 224 2.0 INCOME BEFORE FIXED CHARGES 2,540 26.1 2,430 25.4 2,242 24.2 2,173 23.3 2,264 23.5 2,332 23.5 2,402 23.5 2,473 23.5 2,548 23.5 2,624 23.5 FIXED EXPENSES Property Taxes 399 4.1 382 4.0 352 3.8 341 3.7 355 3.7 366 3.7 377 3.7 388 3.7 400 3.7 412 3.7 Insurance 113 1.2 111 1.2 107 1.2 107 1.2 112 1.2 115 1.2 119 1.2 122 1.2 126 1.2 130 1.2 Reserve for Replacement 390 4.0 383 4.0 371 4.0 371 4.0 386 4.0 397 4.0 409 4.0 422 4.0 434 4.0 447 4.0 Total 901 9.3 875 9.2 830 9.0 819 8.9 853 8.9 879 8.9 905 8.9 932 8.9 960 8.9 989 8.9 NET INCOME $1,639 16.8 % $1,555 16.2 % $1,412 15.2 % $1,353 14.4 % $1,411 14.6 % $1,453 14.6 % $1,497 14.6 % $1,541 14.6 % $1,588 14.6 % $1,635 14.6 % #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! *Departmental expenses are expressed as a percentage of departmental revenues.
- 25 - Scenario 3: Extended-Stay Opens Pro Forma
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Number of Rooms: 228 228 228 228 228 228 228 228 228 228 Occupi ed Rooms: 54,093 54,925 54,925 54,093 54,093 54,093 54,093 54,093 54,093 54,093 Occupancy: 65% 66% 66% 65% 65% 65% 65% 65% 65% 65% Average Rate: $118.32 % of $120.69 % of $123.10 % of $124.33 % of $125.57 % of $129.34 % of $133.22 % of $137.22 % of $141.34 % of $145.58 % of RevPAR: $76.91 Gross $79.65 Gross $81.25 Gross $80.82 Gross $81.62 Gross $84.07 Gross $86.59 Gross $89.19 Gross $91.87 Gross $94.62 Gross REVENUE Rooms $6,400 65.7 % $6,629 65.7 % $6,761 65.5 % $6,725 65.0 % $6,793 64.6 % $6,996 64.6 % $7,206 64.6 % $7,423 64.6 % $7,645 64.6 % $7,875 64.6 % Food 3,010 30.9 3,117 30.9 3,210 31.1 3,257 31.5 3,354 31.9 3,455 31.9 3,559 31.9 3,665 31.9 3,775 31.9 3,889 31.9 Other Operated Departments 276 2.8 286 2.8 294 2.9 299 2.9 307 2.9 317 2.9 326 2.9 336 2.9 346 2.9 356 2.9 Rentals & Other Income 55 0.6 57 0.6 59 0.6 60 0.6 61 0.6 63 0.6 65 0.6 67 0.6 69 0.6 71 0.6 Total 9,741 100.0 10,089 100.0 10,325 100.0 10,340 100.0 10,516 100.0 10,831 100.0 11,156 100.0 11,492 100.0 11,836 100.0 12,191 100.0 DEPARTMENTAL EXPENSES* Rooms 1,349 21.1 1,392 21.0 1,433 21.2 1,460 21.7 1,503 22.1 1,549 22.1 1,595 22.1 1,643 22.1 1,692 22.1 1,743 22.1 Food & Beverage 1,662 55.2 1,715 55.0 1,766 55.0 1,799 55.2 1,853 55.2 1,908 55.2 1,965 55.2 2,024 55.2 2,085 55.2 2,148 55.2 Other Operated Departments 97 35.0 100 35.0 103 35.0 104 35.0 108 35.0 111 35.0 114 35.0 118 35.0 121 35.0 125 35.0 Total 3,108 31.9 3,207 31.8 3,303 32.0 3,363 32.5 3,464 32.9 3,568 32.9 3,675 32.9 3,785 32.9 3,898 32.9 4,015 32.9 DEPARTMENTAL INCOME 6,633 68.1 6,882 68.2 7,022 68.0 6,977 67.5 7,053 67.1 7,263 67.1 7,481 67.1 7,707 67.1 7,937 67.1 8,176 67.1 UNDISTRIBUTED OPERATING EXPENSES Administrative & General 1,276 13.1 1,316 13.0 1,349 13.1 1,361 13.2 1,389 13.2 1,430 13.2 1,473 13.2 1,517 13.2 1,563 13.2 1,610 13.2 Marketing 1,079 11.1 1,114 11.0 1,141 11.1 1,151 11.1 1,175 11.2 1,210 11.2 1,246 11.2 1,284 11.2 1,322 11.2 1,362 11.2 Franchise Fee 666 6.8 690 6.8 705 6.8 703 6.8 712 6.8 733 6.8 755 6.8 778 6.8 801 6.8 825 6.8 Prop. Operations & Maint. 438 4.5 454 4.5 465 4.5 465 4.5 473 4.5 487 4.5 502 4.5 517 4.5 533 4.5 549 4.5 Utilities 438 4.5 454 4.5 465 4.5 465 4.5 473 4.5 487 4.5 502 4.5 517 4.5 533 4.5 549 4.5 Total 3,898 40.0 4,028 39.8 4,124 40.0 4,146 40.1 4,222 40.2 4,348 40.2 4,479 40.2 4,613 40.2 4,752 40.2 4,894 40.2 HOUSE PROFIT 2,735 28.1 2,855 28.4 2,897 28.0 2,831 27.4 2,831 26.9 2,915 26.9 3,003 26.9 3,093 26.9 3,186 26.9 3,282 26.9 Ma n a ge me nt F e e 195 2.0 202 2.0 206 2.0 207 2.0 210 2.0 217 2.0 223 2.0 230 2.0 237 2.0 244 2.0 INCOME BEFORE FIXED CHARGES 2,540 26.1 2,653 26.4 2,691 26.0 2,625 25.4 2,620 24.9 2,699 24.9 2,780 24.9 2,863 24.9 2,949 24.9 3,038 24.9 FIXED EXPENSES Property Taxes 399 4.1 416 4.1 422 4.1 412 4.0 411 3.9 424 3.9 436 3.9 450 3.9 463 3.9 477 3.9 Insurance 113 1.2 117 1.2 120 1.2 120 1.2 122 1.2 126 1.2 129 1.2 133 1.2 137 1.2 141 1.2 Reserve for Replacement 390 4.0 404 4.0 413 4.0 414 4.0 421 4.0 433 4.0 446 4.0 460 4.0 473 4.0 488 4.0 Total 901 9.3 937 9.3 955 9.3 946 9.2 954 9.1 983 9.1 1,012 9.1 1,042 9.1 1,074 9.1 1,106 9.1 NET INCOME $1,639 16.8 % $1,716 17.1 % $1,736 16.7 % $1,679 16.2 % $1,666 15.8 % $1,716 15.8 % $1,768 15.8 % $1,821 15.8 % $1,875 15.8 % $1,932 15.8 % #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE!
- 26 - Scenario 4: Addition of Two Hotels Pro Forma
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Number of Rooms: 228 228 228 228 228 228 228 228 228 228 Occupied Rooms: 54,093 52,429 49,100 47,435 48,268 48,268 48,268 48,268 48,268 48,268 Occupancy: 65% 63% 59% 57% 58% 58% 58% 58% 58% 58% Average Rate: $118.32 % of $119.50 % of $120.70 % of $121.91 % of $123.12 % of $126.82 % of $130.62 % of $134.54 % of $138.58 % of $142.73 % of RevPAR: $76.91 Gross $75.29 Gross $71.21 Gross $69.49 Gross $71.41 Gross $73.55 Gross $75.76 Gross $78.03 Gross $80.37 Gross $82.79 Gross REVENUE Rooms $6,400 65.7 % $6,265 65.5 % $5,926 65.0 % $5,783 64.6 % $5,943 64.1 % $6,121 64.1 % $6,305 64.1 % $6,494 64.1 % $6,689 64.1 % $6,889 64.1 % Food 3,010 30.9 2,975 31.1 2,870 31.5 2,856 31.9 2,993 32.3 3,083 32.3 3,175 32.3 3,271 32.3 3,369 32.3 3,470 32.3 Other Operated Departments 276 2.8 273 2.9 263 2.9 262 2.9 274 3.0 283 3.0 291 3.0 300 3.0 309 3.0 318 3.0 Rentals & Other Income 55 0.6 55 0.6 53 0.6 52 0.6 55 0.6 57 0.6 58 0.6 60 0.6 62 0.6 64 0.6 Total 9,741 100.0 9,568 100.0 9,112 100.0 8,953 100.0 9,265 100.0 9,543 100.0 9,830 100.0 10,124 100.0 10,428 100.0 10,741 100.0 DEPARTMENTAL EXPENSES* Rooms 1,349 21.1 1,344 21.5 1,319 22.3 1,325 22.9 1,383 23.3 1,424 23.3 1,467 23.3 1,511 23.3 1,556 23.3 1,603 23.3 Food & Beverage 1,662 55.2 1,656 55.7 1,626 56.7 1,633 57.2 1,704 56.9 1,755 56.9 1,807 56.9 1,862 56.9 1,917 56.9 1,975 56.9 Other Operated Departments 97 35.0 95 35.0 92 35.0 92 35.0 96 35.0 99 35.0 102 35.0 105 35.0 108 35.0 111 35.0 Total 3,108 31.9 3,096 32.4 3,037 33.3 3,050 34.1 3,182 34.3 3,278 34.3 3,376 34.3 3,477 34.3 3,582 34.3 3,689 34.3 DEPARTMENTAL INCOME 6,633 68.1 6,471 67.6 6,074 66.7 5,903 65.9 6,083 65.7 6,265 65.7 6,454 65.7 6,647 65.7 6,847 65.7 7,052 65.7 UNDISTRIBUTED OPERATING EXPENSES Administrative & General 1,276 13.1 1,265 13.2 1,231 13.5 1,226 13.7 1,267 13.7 1,305 13.7 1,344 13.7 1,384 13.7 1,426 13.7 1,468 13.7 Marketing 1,079 11.1 1,071 11.2 1,041 11.4 1,037 11.6 1,072 11.6 1,104 11.6 1,137 11.6 1,171 11.6 1,206 11.6 1,242 11.6 Franchise Fee 666 6.8 653 6.8 619 6.8 606 6.8 625 6.7 643 6.7 663 6.7 683 6.7 703 6.7 724 6.7 Prop. Operations & Maint. 438 4.5 431 4.5 410 4.5 403 4.5 417 4.5 429 4.5 442 4.5 456 4.5 469 4.5 483 4.5 Utilities 438 4.5 431 4.5 410 4.5 403 4.5 417 4.5 429 4.5 442 4.5 456 4.5 469 4.5 483 4.5 Total 3,898 40.0 3,850 40.2 3,712 40.7 3,674 41.1 3,797 41.0 3,911 41.0 4,028 41.0 4,149 41.0 4,273 41.0 4,401 41.0 HOUSE PROFIT 2,735 28.1 2,621 27.4 2,363 26.0 2,228 24.8 2,286 24.7 2,355 24.7 2,426 24.7 2,498 24.7 2,573 24.7 2,650 24.7 Management Fee 195 2.0 191 2.0 182 2.0 179 2.0 185 2.0 191 2.0 197 2.0 202 2.0 209 2.0 215 2.0 INCOME BEFORE FIXED CHARGES 2,540 26.1 2,430 25.4 2,180 24.0 2,049 22.8 2,101 22.7 2,164 22.7 2,229 22.7 2,296 22.7 2,365 22.7 2,435 22.7 FIXED EXPENSES Property Taxes 399 4.1 382 4.0 342 3.8 322 3.6 330 3.6 340 3.6 350 3.6 360 3.6 371 3.6 382 3.6 Insurance 113 1.2 111 1.2 106 1.2 104 1.2 107 1.2 111 1.2 114 1.2 117 1.2 121 1.2 125 1.2 Reserve for Replacement 390 4.0 383 4.0 364 4.0 358 4.0 371 4.0 382 4.0 393 4.0 405 4.0 417 4.0 430 4.0 Total 901 9.3 875 9.2 812 9.0 784 8.8 808 8.8 832 8.8 857 8.8 883 8.8 909 8.8 937 8.8 NET INCOME $1,639 16.8 % $1,555 16.2 % $1,368 15.0 % $1,265 14.0 % $1,293 13.9 % $1,332 13.9 % $1,372 13.9 % $1,413 13.9 % $1,455 13.9 % $1,499 13.9 % #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! #VALUE! *Departmental expenses are expressed as a percentage of departmental revenues.
- 27 - Discussion
- 28 - TOWN COUNCIL ACTION REPORT
September 1, 2011
Request to Adjourn to Executive Session
PREPARED BY: Mark R. Peterson, City Manager
BUDGET IMPACT: N/A
STAFF RECOMMENDATION: That the Executive Session be convened
BACKGROUND
Staff is requesting an opportunity to meet with the Mayor and Council in Executive Session immediately following your regular meeting of September 6, 2011. The purpose of the Executive Session is to approve the minutes of the Executive Session of May 2, 2011, and to conduct the City Manager’s annual performance review.
Therefore, it would be appropriate for the Council to approve a motion to adjourn to Executive Session at the conclusion of your regular meeting on September 6, 2011.