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HomeMy WebLinkAboutAugust 12, 1987 COW Committee of the Whole Meeting August 12 , 1987 Consideration of a report from the Economic Development Council. Frank Pratt , representing the Economic Development Commission reviewed with the Council a mid-year report for 1987 , which reflected a net increase of 70 businesses , $18 , 847 , 000 additional payroll dollars , a $51, 763 , 600 economic impact , $32 , 000 increase in City property tax revenue, and $500 ,000 increase in City sales tax revenue. In addition, Mr. Pratt also gave a slide presentation showing new business construction and additions to existing building sites. Evaluation of City insurance alternatives. The City Manager raised the following issues concerning the City' s insurance program: 1. Does the Council wish to have the City tied into H.E.L.P. (the governmental insurance pool) for ten years; especially at a time when insurance seems to be coming available? (The Council indicated they did not want to join H.E.L.P. ) 2 . Should Gallagher, the current agent , be requested to submit a proposal for insurance ( as recommended by the Consultant ) , with the Hanchette (Hartford) proposals exposed publicly? (The Council indicated they did not want to continue with Gallagher as an agent . ) Following the Council' s direction, staff and the City' s insurance consultant evaluated the following options : 1. The possibility of obtaining alternate insurance in the private market . 2 . The possibility of going self-insured up to catastrophe level coverage , $1,000 , 000, with a private insurance umbrella policy above that level. 3. The possibility of going self-insured up to catastrophe level, with participation in an intergovernmental self insurance umbrella above that level. Steve Coombs , of Corporate Policyholders Counsel, Inc. , advised the City' s choices are actually limited by the inability to discover any private umbrella policy other than the Hanchette proposal, which is only available over insurance coverage, which is excessively expansive and fails to recognize the excellent loss experience of the City. Committee of the Whole Meeting August 12 , 1987 Page 2 The City Manager felt that none of the options meet the City' s needs. The A. J. Gallagher current insurance and the Hanchette proposal are about even with regard to total cost for the under $1, 000,000 incident , after experience of current deductible coverage and legal expenses are added. The Gallagher service is unsatisfactory. The Hartford service has a good reputation, but is unproven locally. The City Manager stated it would appear the City has the following options: 1. Accept the Hanchette proposal for coverage up to $1,000,000/ $2 , 000,000, and continue self-insured above that amount . To follow this route, we would be exposed to the catastrophe event , and would expect the cost of coverage to exceed the loss. 2. To take no insurance, except for speciality policies and go totally self-insured in the main areas of general liability and vehicle insurance. 3 . To take no insurance, except for speciality policies and to continue to try and find an umbrella policy over $1, 000,000, in hopes that the market will continue to progress to a more flexible position. 4 . To go self-insured to $1,000, 000 and apply for admission to H.E.L.P. , which would mean we would forgo private insurance for a 10 year period even if H.E.L.P, proved undesirable. The City Manager stated if neither the Hanchette or Gallagher proposals are satisfactory, staff will need further direction. Mr. Cook stated he did not think we could match the costs in the Hanchette proposal and we cannot aford to run the whole show ourselves. The proposals received from Hanchette and Gallagher are good until October. The Council indicated they would like to defer this item until the next meeting when a full Council is present . Adjournment to regular Council Meeting - 7 : 55 p.m. Councilman Fox made a motion, seconded by Councilwoman Popple to adjourn the Committee of the Whole Meeting to go into the regular Council Meeting. Yeas: Councilmen Fox, Popple Shales and Mayor Van De Voorde. Nays: None. The Committee of the Whole reconvened at 9: 00 p.m. Committee of the Whole Meeting August 12 , 1987 Page 3 Consideration of a request for enforcement of fire lanes at Sherman Hospital. Councilman Fox made a motion, seconded by Councilwoman Popple for the staff to work with Sherman Hospital to prepare a formal agreement authorizing regulation of fire lanes upon hospital properties and that such fromal agreement be presented to the City Council. Yeas: Councilmen Fox, Popple, Shales and Mayor Van De Voorde. Consideration of a request for deferral of consideration of a preservation ordinance. Councilwoman Shales made a motion, seconded by Councilman Fox to approve the request to delay consideration of the preservation ordinance until September 9 , 1987 . Yeas : Councilmen Fox, Popple, Shales and Mayor Van De Voorde. Nays: None. Consideration of a recommendation to change the parking time limitations on Lake Street . The Council reviewed a staff recommendation that for the benefit of the patrons of the Daily Courier News , the time limited on four easterly parking meters adjacnet to 300 Lake Street be changed to 15 minutes and that all of the meters be removed and appropriate time limit decals be placed on the existing meter posts. Councilwoman Shales made a motion, seconded by Councilman Fox to approve said recommendation. Yeas: Councilmen Fox, Popple , Shales and Mayor Van De Voorde. Nays : None. Consideration of a request to purchase additional water service materials. Councilwoman Popple made a motion, seconded by Councilman Fox to approve the purchase of material to install 150 new water services. Yeas: Councilmen Fox, Popple, Shales, and Mayor Van De Voorde. Nays: None. Consideration of a recommendation to release the request for proposals for the Dundee Avenue tax increment financing district . Councilwoman Shales made a motion, seconded by Councilman Fox to direct staff to distribute the Dundee/Summit Redevelopment Area A - Request for Proposal. Yeas: Councilmen Fox, Popple, Shales and Mayor Van De Voorde. Nays: None. I Committee of the Whole Meeting August 12 , 1987 Page 4 Consideration of a recommendation for participation with Kane County in the extension of the Fox River Trail at Raymond Street . A commitment of $15 , 000 is being requested and if approved, this item would be included in the 1988 City Budget . Councilwoman Popple made a motion, seconded by Councilwoman Shales for the City Council to commit $15 , 000 towards the proposed underpass . Yeas: Councilmen Fox, Popple, Shales and Mayor Van De Voorde. Nays: None. Consideration of a report on the 1987 Fox Trot . The Council reviewed a financial report covering the subject event , which showed the revenues exceeded the expenditures by $2 , 373. 72 . Consideration of a report on the first six months activities of the Elgin Police Department . The Council was furnished with a six month crime report for 1987 , which indicated total criminal offenses reported to the Elgin Police Department increased 298 incidents over reported incidents during the same period in 1986. The total clearance rate rose 3. 8% to slightly over 50%. This shows that of the 5 ,115 reported criminal offenses , 2 , 608 just over half, were closed as cleared. Consideration of a report on possible improvements to the intersection of Route 31 and Kimball/Lawrence. The Council was advised the existing timing pattern at the subject location does not allow enough green time to clear out the waiting traffic during the peak hours. The controller at the intersection can be adjusted for a longer traffic cycle length in addition to an improved timing pattern to move the traffic through the intersection. Staff recommended submitting the suggested timing pattern to the Illinois Department of Transportation for their approval. Councilwoman Popple made a motion, seconded by Councilman Fox to approve the staff' s recommendation. Yeas: Councilmen Fox, Popple, Shales and Mayor Van De Voorde. Nays: None. Committee of the Whole Meeting August 12 , 1987 Page 5 Adjournment Councilwoman Popple made a motion, seconded by Councilman Fox to adjourn the Committee of the Whole Meeting to go into Executive Session to discuss litigation, property acquisition and personnel. Yeas : Councilmen Fox, Popple, Shales and Mayor Van De Voorde. Nays : None. The meeting adjourned at 9 :20 p.m. o Marie Yearman City Clerk i