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SHOWING 111–112 ENTRIES
111
FEB 4, 2025 · OSWEGO, ILLINOIS · VILLAGE BOARD & COMMISSIONS
Oswego Committee of the Whole Meeting – February 4, 2025 Financial Update

The Oswego Village Board met as a Committee of the Whole on February 4, 2025, at 6:00 PM to receive an unaudited financial update for the transition year ending December 31, 2024. The meeting focused on a general fund surplus of approximately $3.9 million and staff's recommendation to transfer it to the capital improvement fund. No public comments were made, and no closed session was held. Discussion Items - Transition Year 2024 Year End Financial Update (Unaudited) – Presented by Finance Director Andrea. The general fund reported a surplus of just under $3.9 million, compared to a budgeted surplus of $65,000. Revenues totaled $20.3 million (112% of the $18.2 million budget), while expenditures were $16.3 million (90% of the $18.1 million budget). A key factor was the early payoff of the series 2013 bonds, eliminating a $1.18 million debt service transfer. Other savings included $250,000 in road maintenance (snow removal), $115,000 in engineering wages due to vacancies, $70,000 in outsourced building inspections not needed, and a housing study covered by a grant. Investment income reached $1 million, or 487% of the conservatively budgeted amount, due to high CD and interest rates. Sales tax (the largest general fund revenue source) totaled $8 million (105% of budget), of which $5.95 million was state sales tax and $2.08 million home rule sales tax. Food and beverage tax was $1 million (109% of budget). Police expenditures were 104% of budget due to a one-time $387,000 transfer of earned sick time to a Section 115 trust; excluding that, police spending was 99%. - Water and Sewer Operating Fund – Revenues of $6.8 million and expenditures of $6.4 million produced a $423,000 surplus, compared to a budgeted deficit of $1.1 million. Revenue exceeded budget by $800,000 (114%) largely due to higher water volume; expenditures were 90% of budget. Interest income of $244,000 was significantly above budget. Staff noted a shift toward budgeting only for known routine maintenance and setting aside reserves for unexpected repairs. - Capital Improvement Fund – A surplus of $128,000 was reported, with expenditures $1.9 million under budget (a timing issue, mainly related to Wolf's Crossing). Investment income of $224,000 was 450% of budget. - Water and Sewer Capital Fund – Real estate transfer tax revenue of $743,000 reached 212% of the $350,000 budget, the highest in an eight-month period. Investment income of $188,000 was 377% of budget. - Investment and Fund Balance Discussion – Trustees inquired about investment liquidity (most in 12-month CDs, one 10-year bond of $1.5 million), the impact of the upcoming loss of the state grocery tax (effective January 1, 2026), and whether the surplus could be used to offset that loss. Staff explained that all surplus cash is already invested and that moving the general fund surplus to the capital fund is a best practice to protect the village's bond rating. The board discussed that the early debt payoff smoothed the impact of the grocery tax loss and that the 2025 budget already accounts for a $1 million surplus transfer to capital, which will not be possible in 2026. Key Outcomes - Consensus to Transfer General Fund Surplus – The board reached consensus to transfer the general fund surplus (approximately $3.9 million) to the capital improvement fund, consistent with the prior year's action. Specific capital projects (e.g., public works facility, Wolf's Crossing) will be considered during the 2026 budget process. A formal budget amendment will be brought back when final audited figures are available. - No Other Actions – No closed session was held. The meeting adjourned after approximately 30 minutes, with the regular board meeting scheduled for 7:00 PM.

FISCAL SUSTAINABILITY 69% · WATER AND WASTEWATER MANAGEMENT 17% · PUBLIC ENGAGEMENT 14%
112
JAN 21, 2025 · OSWEGO, ILLINOIS · VILLAGE BOARD & COMMISSIONS
Oswego Village Board Meeting – January 21, 2025: Hudson Crossing Amendment, Incentive Approvals, and Public Safety Concerns

The Oswego Village Board met on January 21, 2025, at 7:00 PM (following the Committee of the Whole) at Oswego Village Hall. The meeting included a proclamation for the Little White School Museum’s 175th anniversary, a Business of the Month recognition, public comments on noise and traffic issues, approval of a consent agenda with one item pulled for discussion, and action on four new business items—including a contentious debate on the fourth amendment to the Reserve at Hudson Crossing redevelopment agreement. Proclamation & Recognitions - Little White School Museum 175th Year: President Kaufman read a proclamation recognizing the museum’s history, from its 1850 origins as a Methodist church to its role as a one-room school and now a community museum with nearly 38,000 artifacts. Roger Mateal, longtime volunteer director, accepted the proclamation and noted the museum’s transformation from a threatened demolition to a restored landmark. - Business of the Month – Fox River Academy of Music & Art: Owners Karen Culzer and Ron Stark were honored for their contributions since 2003, growing from 3 teachers and 40 students to over 30 teachers and about 450 students, and for active community involvement including Prairie Fest, Farmers Market, and the Hometown Expo (350 art entries last year). Public Comments & Testimony - Daniela Garay (Farmington Lakes resident): Complained about excessive overnight noise from the Sands Distribution Center behind her home, including dropped containers, truck idling, and backup alarms. She noted the village’s noise ordinance and asked for enforcement without requiring police calls. President Kaufman said staff is investigating. - Sam Leonard (neighbor): Detailed the noise—house-shaking impacts, truckers walking on the back hill, air-actuated fifth-wheel systems, and tandem axle adjustments. He asked for restrictions on maintenance activities near homes. Staff confirmed the complaint is being reviewed. - David Pulowski (Churchill area resident): Raised safety concerns at the intersection of Fifth Street and Bluegrass Lane, citing about 10 accidents over five years, including two recently. He noted children crossing to school and pool, and a non‑working crosswalk light. Trustee Dan explained a traffic study is underway (markers placed), with results expected in a few weeks. - Katie Haydn (community member): Announced her candidacy for the SD308 Board of Education, asking for votes in the April 1 election. Consent Calendar All items except G4 were approved unanimously on a single motion. The approved items were: - G1: January 7, 2025 Committee of the Whole Minutes - G2: January 7, 2025 Regular Village Board Minutes - G3: January 7, 2025 Closed Session Minutes (approve but not release) - G5: CY25 Police Department vehicle purchases – two 2025 Ford Explorer Actives ($92,171) and two Chevrolet Equinox LT AWD ($61,427.40), with waiver of competitive bidding. - G6: Franchise termination and settlement agreement with CMN-RUS, Inc. (Metronet) - G7: Ordinance authorizing disposal of surplus property (Squad 24 and PW06) - G8: Contract with Homer Tree Service for Wolfs Crossing Tree Removal – Douglas Segment ($228,314.50) - G9: Contract with Baxter & Woodman for Middle Zone Booster Station Construction Management ($24,000) - G10: Contract with Alfred Benesch for Wolfs Crossing Tree Removal Construction Management ($28,013) Item G4 pulled for discussion: Resolution authorizing a contract with Marc Kresmery Construction, LLC for the Middle Zone Booster Station – Forest Avenue Project ($330,060). Trustee Geist asked whether this booster station would be similar to the visible one at Wolf’s Crossing and Fifth; she was told the new station will be underground. She requested signage and landscaping for the existing station to identify it, which staff agreed to address. The item then passed unanimously. Discussion Items J1 – Economic Incentive Agreement – Premier Investments, LLC (76-78 Main Street) Economic Development Director Kevin Lighty presented the first grant application of 2025. Premier Investments (owner Greg Dady) plans $132,000 in renovations to the former Hudson Design House building, including tuckpointing, siding, soffit repair, awning replacement, gutters, and painting. The requested incentive is $39,930 (the maximum grant amount). The property is in the downtown grant program and meets criteria for substantial renovation. Trustee Torres clarified the awning is not required. The board expressed strong support, noting the building has long needed improvements. The remaining grant balance for 2025 after this will be about $40,000. The ordinance passed unanimously. J2 – Vacant Land Sales Contract – Lot 7 of Stonehill Business Park Assistant Village Administrator Dan showed that the village needs additional land for the planned new public works facility (current facility outgrown). The 2.5‑acre lot adjacent to the east is under a negotiated purchase agreement for $600,000. A broker was hired but the deal was ultimately completed directly with the seller’s attorney. Dan recommended a $6,000 (1%) payment to the broker for services rendered, which the board accepted by consensus. The resolution to approve the purchase agreement passed unanimously. J3 – Ogden Falls Boulevard Traffic Impact Study and Recapture Ordinance Kevin Lighty explained that the undeveloped southeast corner of Ogden Falls and Route 34 lacks site access, which has stalled development. The village will fund a $37,036.11 traffic study by HR Green to evaluate providing full access off Ogden Falls Boulevard. A recapture ordinance will allow the village to recover the study cost from property owners upon sale or development, with interest. Trustee Kurt noted a typo: the recapture ordinance originally stated 4% monthly interest; the board corrected it to 4% annually. Both the resolution (with village administrator review) and the amended ordinance passed unanimously. J4 – Fourth Amendment to Redevelopment Agreement – Reserve at Hudson Crossing, LLC Community Development Director Rod Zenner and Dave Patzelt (Shodin Group) presented the amendment. The second building (104 residential units) was originally required to start construction by February 10, 2023, but was delayed due to COVID‑19, inflation, and interest rate increases. Now, Shodin has secured financing (letters from lender) and plans to start construction in March 2025, with a deadline of June 1, 2025, and financing documents signed by May 15, 2025. Changes include: parking reduced from 119 to 116 vehicle spaces but adding 7 motorcycle spaces (total 123). The village will issue $3 million in bonds for the parking garage, which will be owned by the village. The existing TIF increment sharing (50/50 after bonds paid, estimated $800,000 each by 2040) remains. The board engaged in a lengthy debate: - Trustee Kurt expressed frustration over repeated delays and the lack of a strong reverter clause; he proposed amending the RDA to give the village the North Building property if deadlines are missed, but Patzelt declined, stating the 50/50 TIF split is essential to the project’s viability and that a two‑week delay could jeopardize financing. - Trustee Geist noted the empty retail space in the first building (sitting vacant over three years) and asked for more flexibility from Shodin to attract a tenant. - Other trustees (e.g., Torres, Johnson) supported the amendment, citing the benefits of additional residents for downtown vitality, the village’s ownership of the parking deck, and the projected $300,000 in excess TIF increment to the village. - Trustee Novi asked about occupancy of the first building (94% occupied, with 83% occupancy for two‑bedroom units). After extensive discussion, Trustee Kurt voted no; all other trustees voted yes. The motion carried 6-1. Key Outcomes - Consent Agenda (except G4): Approved unanimously. - G4 (Middle Zone Booster Station): Approved unanimously after clarification that the station will be underground and that the existing station will get signage/landscaping. - J1 (Premier Incentive): Approved unanimously. - J2 (Stonehill Lot 7): Approved unanimously; board directed payment of $6,000 to the broker. - J3 (Ogden Falls Traffic Study): Both resolutions approved unanimously, with interest rate corrected to 4% annually and subject to village administrator review. - J4 (Hudson Crossing Fourth Amendment): Approved 6-1 (Trustee Kurt opposed). Construction must commence by June 1, 2025; financing documents by May 15, 2025. - Bill List: Approved unanimously in the amount of $6,489,901.89. - Staff direction on California wildfire relief: President Kaufman raised a request from local business owner Jim Wilhelm (JNS Construction) to use his semi‑trucks to send water and supplies to California. The board directed staff to verify needs and coordinate with Yorkville and local nonprofits; the village may lend its voice on social media and consider a modest monetary contribution (e.g., $200 for a pallet of water). Trustee Reports & President’s Report - Trustee Tom reported excitement about the new Community Engagement Unit in the police department and requested the grocery tax discussion be placed on a future Committee of the Whole agenda (Trustee Dan noted a Will County initiative on the topic). - Trustee Geist echoed support for the Community Engagement Unit and urged action on the Farmington Lakes noise issue. - Trustee Novi thanked the Fox River Academy and noted the positive impact of music education. - Trustee Torres commended the coffee with the mayor and legislative breakfast. - Trustee Johnson highlighted the new ability to schedule water bill payment dates and thanked staff for the morning events. - President Kaufman thanked all for the productive discussion, recognized Roger Mateal and the museum, and noted the good turnout at the legislative breakfast. He also introduced the California relief discussion.

ECONOMIC DEVELOPMENT 22% · PUBLIC WORKS 16% · LAND USE PLANNING 11% · PUBLIC ENGAGEMENT 7%
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