Mark D. Olson

The board will review the accountant's financial report, including bill approvals and discussion on a cash management policy. Investment updates will be provided by Sawyer Falduto Asset Management and Verus Advisory. Other agenda items include processing affidavits of continued eligibility, statements of economic interest, trustee training reimbursements, pension fund membership applications, and updates on retirement benefits. The board will also address an appointed member term vacancy, the IDOI annual statement, a request for direct deposit conversion to a physical check, and receive legal updates from the board attorney.

The meeting included an update on the OSED grant extension and the status of projects awaiting Illinois Department of Natural Resources approval, along with applications for various federal grants for infrastructure improvements, including intersection enhancements and road improvements. The board approved expenditures, a special event permit for a cruise night and car show, installment payments for a softball organization, membership in the Illinois Public Works Mutual Aid Network, an agreement for subdivision signage easements, and an ordinance related to the village administrator position. Furthermore, the board approved a special event permit for a radio control plane flying event and authorized bid specifications and letting for the 2026 residential road repair and maintenance improvement program.

The committee reviewed a presentation regarding a prospective residential development project by Campo Construction LLC. The proposal features the development of market-rate, three-bedroom townhomes with two-car garages and associated green space. Discussion focused on project feasibility, infrastructure requirements, project timelines, and future community engagement with local residents. The developer provided insights into the market demand for such residential units and confirmed that a Homeowners Association would be established for the development.

The board discussed several items, including the approval of a Special Event Permit for Hits DJ Cruise Nights and Car Shows, as well as an installment request for Stateline Fastpitch Softball's annual fees. They reviewed various resolutions, such as entering into a membership with the Illinois Public Works Mutual Aid Network and agreements regarding subdivision signage easements. Additionally, the board considered amendments to village ordinances, received updates on residential road repair and maintenance programs, and discussed bridge street parking lot design modifications. A closed session was held regarding the sale or lease of village-owned property.

The Zoning Board of Appeals conducted two public hearings. The first addressed a variance request for 5704 Andrews Drive to increase the size of an existing accessory building, which was approved after discussing hardship and operational needs. The second hearing considered a map amendment request for 10774 Main Street to rezone the property from Commercial Retail to Main Street Core, aiming to align the site with its historic development pattern and the village's vision for pedestrian-oriented growth. The board discussed the proposed artisan shop and future utilization of the site, including space for market events and food trucks.