Village of Oswego

The board and staff received an update on the Oswego250 team's planning efforts, which include community engagement events, the use of a specialized campaign app, design initiatives, tree planting at Prairie Point Park, and various promotional merchandise. Additionally, the board received the annual update for the National Pollutant Discharge Elimination System (NPDES) program, which covers regulatory requirements for stormwater management, public outreach, and pollution prevention measures in the Village.

The meeting agenda includes discussions on financial incentive requests, a recap of the 2026 ICSC Las Vegas show, and planning for an economic development commission small business development event. Old business items involve reviewing business retention and expansion visits, as well as considering nominations for the business of the month award. Additionally, the meeting will feature reports from the economic development director and commission members, followed by a public forum.

The board discussed various municipal code amendments and property-related items, including a plat of easement, a variance for a fence installation, and an amendment to an economic incentive agreement. Financial matters included a water and sewer rate study, the purchase and disposal of public works equipment, professional services for lake assistance and watermain construction, and a lease agreement. Additionally, the agenda covered the allocation of a volume cap, a major amendment to a planned unit development, a special use permit for a self-storage facility, the creation of a PACE program, and the issuance of a promissory note for interim water connection financing.

The board meeting included various recognitions, including proclamations for Motorcycle Awareness Month, Rain Barrel Month, National Poppy Day, National Historic Preservation Month, and Memorial Day, as well as a business recognition for DeMont Guitars. The board approved several items, including a contract for the Police Air Handler Fan Array replacement and a contract for the Village Hall Parking Lot Rehabilitation project. Key discussions focused on an ordinance amending the annual budget to allocate surplus funds towards the Downtown Development Program and personnel reserves. Additionally, the board approved economic incentive agreements for TermiNader Fitness and Billy Bricks, along with multiple resolutions and an ordinance regarding the South Harrison Street right-of-way improvements, sanitary sewer connections, and alley vacation.

The board will receive an accountant's report on monthly finances, review bills, and discuss a cash management policy. Investment reports from Sawyer Falduto Asset Management and Verus Advisory will be presented, followed by a treasurer's update and communications regarding statements of economic interest and security administrator designees. The agenda includes approval of trustee training expenses, processing applications for membership and benefits, and updates on pension portability. New business topics cover certifying board election results, addressing appointed member term expirations, reviewing a preliminary actuarial valuation, filing the annual IDOI statement, and renewing fiduciary liability insurance. The meeting will conclude with a legal update from the board's attorney.