Wednesday, November 3, 2010

Governments At Work

Wednesday 7:30 p.m.---
Crystal Lake Planning and Zoning Commission meets in the Crystal Lake Municipal Building, 100 West Woodstock Street, Crystal Lake.

Colonial Cafe, presently located at 6000 Northwest Highway, Crystal Lake, apparently is planning to move across the highway to 5689 and 5545 Northwest Highway. Their plans for using the former Baker's Square property in the Crystal Court Shopping Center are before the Crystal Lake Planning and Zoning Commission this evening, beginning at 7:30 p.m. in the Crystal Lake Municipal Building, 100 W. Woodstock Street.

The Crystal Court Shopping Center became a part of the City of Crystal Lake in 1988 and was developed during the early 1990's

The property Colonial Cafe is planning to utilize is a 5.93 acre- portion and includes the former Baker's Square Restaurant, Harris Bank and the multi-tenant building which houses Jimmy Johns and Regency Beauty.

Colonial Cafe has plans to subdivide Lot 1 into three separate lots individually accommodating each of the businesses and relocate Colonial Cafe in the former Baker's Square property. They also desire to add to the existing restaurant building, revise the facade and reconfigure the parking area.
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Thursday 8:30 a.m. ---
Planning and Development Committee of the McHenry County Board meets in the conference rooms of the County Administration Building, 667 Ware Road, Woodstock.
The Committee will be considering a contract with a consultant for the development of a Unified Development Ordinance for the County.

Otherwise, the Committee is to consider the reappointment of Richard C. Kelly as a member and Chairman of the McHenry County Zoning Board of Appeals.

Thursday 9:00 a.m.---
McHenry County Board
(Meeting was rescheduled to Thursday from the regular first Tuesday of the month due to the General Election held Tuesday.)

Transportation Budget Hearings
Several budget presentations are scheduled for the County Board and any public interested to hear. These include the METRA Fiscal year 2011 Budget, the PACE Fiscal Year budget and the RTA fiscal year 2011 budget.

Writing The Unified Development Ordinance
The County Board will make the final decision on hiring a consultant to write the Unified Development Ordinance.

Rescind Resolution Regarding Equity One Development Corporation
The Board is expected to rescind a prior resolution approved for Equity One Development Corporation since the Corporation is reported to be unable to utilize the Allocated Volume Cap due to timing issues related to the issuance of the Bonds. The bond would revert back to the County for future allocation.

Transfer of Recovery Zone Allocation for Sportsplex LLC
Regarding another previously approved project under the American Recovery and Reinvestment Tax Act of 2009, the County is proposing to transfer the allocation of $18 million of the Recovery Zone Allocation for the Sportsplex LLC, planned for location in Lakewood near the intersection of Route 47 and Pleasant Valley Road, to the Upper Illinois River Valley Development Authority allowing the UIRVDA to issue the bonds for the proposed project.

Bonds for Wonder Lake Dredging Project
Another financial action of the County Board involves issuing $6 million in bonds for the Wonder Lake dredging project. It is noted that Wonder Lake is not borrowing money from the County, but is receiving assistance of the County in obtaining the bond, which the property owners of Wonder Lake will be responsible for repayment to the lender. The funding is to be used to finance the construction of a sediment dewatering and processing site for dried soils and hydraulic dredging removal of approximately 1 million cubic yards of lake bottom material located in the Wonder Lake.

Repayment of the funding is to be handled through the special levy of taxes sufficient to pay the debt service due on the bonds.

Speed Zone Change For Randall Road
An altered speed zone is expected to receive County Board approval to setting the maximum speed for Randall Road from Miler Road to McHenry Avenue to 50 miles per hour.

The altered speed zone takes effect upon the erection of signs giving notice of the maximum speed limit.

7:30 p.m. Thursday----
Crystal Lake Park District Board of Commissioners
The agenda calls for accepting a bid from the lowest responsible bidder for an Alternative Revenue Source Bond. The District's financial adviser, Dave Phillips, of Speer Financial is to be present regarding the acceptance of the bid.

Also a tax levy is to be adopted for $6,820,564 for the 2010 tax levy and a discussion is also planned on the Winding Creek Cell Tower.

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