Village of Lombard

The Village of Lombard's Strategic Plan is a multi-year framework designed to guide decision-making, align resources, and focus on goals crucial for the community's continued success. The plan outlines five strategic priorities: Increase Fiscal Strength, Improve Operational Effectiveness, Broaden Communication & Engagement, Expand Economic Development, and Modernize Infrastructure Systems. It aims to foster a community of excellence through responsive government services, collaborative efforts with residents and businesses, and a distinctive sense of spirit and quality of life.

The meeting centered around a resolution approving a restructuring support agreement involving the Village of Lombard, the Lombard Public Facilities Corporation, ACA Financial Guarantee Corporation, Nuveen Asset Management LLC, and Oppenheimer Rochester High-Yield Municipal Revenue Bonds. The agreement addresses the debt restructuring of the Lombard Public Facilities Corporation and its impact on the village's finances, including the village's contribution to the RSA, the use of water reserve funds, and the potential for improved bond ratings. The discussion also covered the benefits of the hotel and conference center to the community, the village's assistance to local businesses, and the next steps in the restructuring process.

The Plan Commission meeting addressed several key items. A public hearing regarding the Highlands of Lombard was continued to a later date. A request for a rear yard setback variance at 661 N. Charlotte Street was denied due to concerns about setting a precedent and potential negative impacts on neighboring properties. A request for a temporary sign exceeding the allowed size at 1000 N. Rohlwing Rd. (The Room Place) was approved with conditions limiting the size and duration of the sign.

The Lombard Police Pension Fund Board of Trustees will hold a regular meeting to discuss various topics, including the accountant's report (monthly financial report, bill approvals, cash management policy), investment reports (Sawyer Falduto Asset Management, LLC, IPOPIF - Verus Advisory Inc.), applications for membership and withdrawals, applications for retirement/disability benefits, trustee training updates, old and new business (certifying election results, IDOI annual statement), communications and reports (affidavits of continued eligibility, statements of economic interest), and legal updates from the attorney. A closed session may be held if needed.

The meeting involved discussions on renaming train stations, approving ordinances related to foreign fire insurance companies and supplemental special assessments for water main extensions in Greenfield Avenue, Elizabeth Street, and Eugenia Street. Reports from the Superintendent of Sewers and Treasurer were reviewed and approved. Actions included communication with various parties regarding sewer ordinances, toilet facilities at the Lombard station, and electric light line installation in Lombard Farms Subdivision. A resolution was passed regarding water pipe leak repairs, and the committee on Streets & Alleys was authorized to purchase cinders for street repairs. The meeting also included the approval of bills and the designation of the Lombard Press as the official newspaper. Further discussions involved sidewalk grade establishment, a moving picture theatre license, and a petition for a comfort station at the Northwestern Depot. An ordinance for the issuance of $10,000 Fire Equipment Bonds was passed and scheduled for voter approval. Finally, recommendations for water service pipe and house drain installations were approved, along with the creation of an ordinance for regulating sanitariums and hospitals.