HomeMy WebLinkAboutJuly 6, 1993 COW COMMITTEE OF THE WHOLE SPECIAL MEETING
JULY 6, 1993
The special Committee of the Whole meeting was called to order
by Mayor VanDeVoorde at 5 : 05 p.m. in the Council Conference
Room. Present: Councilmembers Fox, Gilliam, Popple, Schock,
Walters, Yearman, and Mayor VanDeVoorde. Absent: None.
Continued Discussion on Allocation of Riverboat Proceeds.
Various proposals for distribution of the proceeds from
riverboat gaming if the City receives a license were discussed
by the Council . Mayor VanDeVoorde again emphasized that the
legislative intent of the riverboat gaming act was to assist
economic development and promote tourism.
Councilman Gilliam made a motion, seconded by Councilwoman
Yearman, to approve the Mayor' s proposal for distribution of the
gaming receipts, to develop the proposal, and to present it to
the Illinois Gaming Commission. Essentially, the proposal is as
follows: Profits for the first six months to one year would be
used to pay off the TIF bond and reimburse the City for its TIF
debt. Thereafter, for the next two years (the balance of the
State license) , 70 percent of the proceeds would include an
allocation to the Elgin Area Convention and Visitors Bureau and
be used to implement the Center City Plan. Some of the proposed
projects include new police communications and CAD, reopening
Grove Avenue, constructing the esplanade, improve Center City
lighting, Walton Island improvements, develop an economic
package to retain and attract merchants, construct a
recreational center, riverfront acquisition to develop new park
north of Kimball Street etc. Distribution of the remaining 30
percent is to be determined later.
Yeas: Councilmembers Fox, Gilliam, Popple, Schock, Walters,
Yearman, and Mayor VanDeVoorde. Nays: None.
Adjournment
Councilman Walters made a motion, seconded by Councilwoman
Yearman, to go into executive session for the purpose of
discussing appointments to boards and commissions and personnel
appointment, dismissal, and employment. Yeas : Councilmembers
Fox, Gilliam, Popple, Schock, Walters, Yearman, and Mayor
VanDeVoorde. Nays: None.
Committee of the Whole Meeting
July 6, 1993
Page 2
Whereupon, at 6 : 10 p.m. , the corporate authorities convened in
executive session for the purpose of discussing the above-stated
matters . At 7 : 15 p.m. , the corporate authorities returned to
open session. No further business was transacted.
Councilwoman Popple made a motion, seconded by Walters, to
adjourn the meeting. Yeas: Councilmembers Fox, Gilliam,
Popple, Schock, Walters, Yearman, and Mayor VanDeVoorde. Nays:
None.
July 14, 1993
Dolonna Mecum, City Clerk Date Approved
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