Lake County Gazette

At a recent meeting, the Lake Villa District Library Board discussed the potential financial impact from tax-increment financing on the library as new residents are added to the district.

The library board is the district’s governing authority, and it makes decisions about library services, policies, finances and related business. Board meetings are normally held at 6:30 p.m. on the second Monday of the month in the library’s conference room, 1001 E. Grand Ave.

Below are the minutes from this meeting, as provided by the board.

MINUTES APRIL 11, 2016

Exhibit 2.a.

REGULAR MEETING NO. 10

The regular public meeting of the Board of the Library Trustees of the Lake Villa Public Library District, Lake County, Illinois, held at 1001 E. Grand Ave., Lake Villa, Illinois, in said Public Library District at 6:30 PM on the 11th day of April 2016, was called to order by President Gundrum.

ROLL CALL: Secretary Nieman called roll. The following Trustees answered present: Pat

Gallagher, Tony Gundrum, David Hartwig, Doug Nieman, Merry Quinn-Krajniak, and

Barb Venturi. Absent: Kathleen Rettinger. Also present: Andy Lentine and Julie

Binkley. Guest: Mayor Frank Loffredo, Karl Warwick, and Jim McDonald.

APPROVAL

OF AGENDA:

TRUSTEE NIEMAN MOVED TO APPROVE THE AGENDA AS PRESENTED. TRUSTEE

QUINN-KRAJNIAK SECONDED THE MOTION. UPON BEING PUT TO A VOTE, THE

MOTION CARRIED. AYES-6; NAYS-0; ABSENT-1: RETTINGER.

PUBLIC COMMENTS:

None.

PRESENTATION: Lake Villa Mayor Frank Loffredo and Village Administrator Karl Warwick provided the Board with an overview on the Tax Increment Financing (TIF) that is being

proposed for the downtown Lake Villa area. They explained the financial impact the TIF will have on the taxing bodies within the village, as well as the benefits it will bring to the community. All taxing bodies within the district are requested to have a representative on a Joint Review Board (JRB). The representative will be asked to attend a JRB meeting that is scheduled on April 20, 2016 at 3pm. Board President Tony Gundrum will be the representative for Lake Villa District Library. Other Board members are welcome to attend the meeting as well, but the representative will serve as a spokesperson for the taxing body.

BUILDING AND

CONSTRUCTION:

EXECUTIVE SESSION – ACQUISITION OF REAL ESTATE

TRUSTEE GALLAGHER MOVED TO GO INTO EXECUTIVE SESSION AT 7:02 PM FOR

THE PURPOSE OF DISCUSSING THE PURCHASE OR LEASE OF REAL PROPERTY FOR THE USE OF THE PUBLIC BODY, INCLUDING MEETINGS HELD FOR THE PURPOSE OF DISCUSSING WHETHER A PARTICULAR PARCEL SHOULD BE ACQUIRED, WITH DIRECTOR LENTINE AND ADMIN SERVICES COORDINATOR BINKLEY BEING PRESENT. TRUSTEE VENTURI SECONDED THE MOTION. UPON BEING PUT TO A ROLL CALL VOTE, THE MOTION CARRIED. AYES-6: GALLAGHER, GUNDRUM, HARTWIG, NIEMAN, QUINN-KRAJNIAK, AND VENTURI; NAYS-0; ABSENT-1: RETTINGER. TRUSTEE GALLAGHER MOVED TO COME OUT OF EXECUTIVE SESSION AT 7:24PM. TRUSTEE HARTWIG SECONDED THE MOTION. UPON BEING PUT TO A VOTE, THE MOTION CARRIED. AYES-6; NAYS-0; ABSENT-1: RETTINGER.

TRUSTEE GALLAGHER MOVED TO APPROVE THE EXECUTIVE SESSION MEETING

MINUTES AS READ IN EXECUTIVE SESSION. TRUSTEE NIEMAN SECONDED THE

MOTION. UPON BEING PUT TO A VOTE, THE MOTION CARRIED. AYES-6; NAYS-0;

ABSENT-1: RETTINGER. APPROVAL OF MINUTES:

TRUSTEE HARTWIG MOVED TO APPROVE THE BOARD MEETING MINUTES OF

MARCH 14, 2016. TRUSTEE VENTURI SECONDED THE MOTION. UPON BEING PUT

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April 11, 2016

TO A VOTE, THE MOTION CARRIED. AYES-6; NAYS-0; ABSENT-1: RETTINGER.

TRUSTEE GALLAGHER MOVED TO APPROVE THE AUDIT & FINANCE, PRESIDENTS

REPORT, AND EXECUTIVE COMMITTEE MEETING MINUTES OF MARCH 14, 2016.

TRUSTEE VENTURI SECONDED THE MOTION. UPON BEING PUT TO A VOTE, THE

MOTION CARRIED. AYES-6; NAYS-0; ABSENT-1: RETTINGER.

PRESENTATION OF BILLS:

April disbursements were presented in the amount of $158,670.94. March payroll was $148,717.24.

TREASURER’S REPORT:

Account balances as of March 31, 2016 were as follows: NorStates NOW

Account=$144,059.13; CD Investments=$19,166,546.22; Illinois Funds Money

Market=$2,430,711.95. There were no Real Estate Taxes, Replacement Property

Taxes, or Impact Fees received in March.

APPROVAL OF BILLS:

TRUSTEE NIEMAN MOVED TO APPROVE THE BILLS AND TREASURER’S REPORT AS PRESENTED. TRUSTEE GALLAGHER SECONDED THE MOTION. UPON BEING PUT TO A ROLL CALL VOTE, THE MOTION CARRIED. AYES-6: GALLAGHER, GUNDRUM, HARTWIG, NIEMAN, QUINN-KRAJNIAK, AND VENTURI; NAYS-0; ABSENT-1: RETTINGER.

TRUSTEE NIEMAN MOVED TO TRANSFER $250,000 FROM THE SCHWAB ACCOUNT

TO THE NORSTATES NOW ACCOUNT TO COVER SALARIES FOR MARCH AND

DISBURSEMENTS FOR APRIL. TRUSTEE GALLAGHER SECONDED THE MOTION. UPON BEING PUT TO A ROLL CALL VOTE, THE MOTION CARRIED. AYES-6: GALLAGHER,

GUNDRUM, HARTWIG, NIEMAN, QUINN-KRAJNIAK, AND VENTURI; NAYS-0;

ABSENT-1: RETTINGER. COMMITTEE

REPORTS:

Executive Committee - President’s Report – President Gundrum

No report at this time.

Audit & Finance – Trustee Venturi

Director Lentine reported that the Management Team is working on finalizing their

department budgets for FY 16/17. Director Lentine will then prepare the

preliminary working budget and will present to the Board at the Audit & Finance

Committee Meeting that is scheduled for Monday, April 25, 2016.

Building & Grounds -Trustee Gallagher

No report at this time.

Building Construction - Trustee Gallagher & Trustee Gundrum

No report at this time.

Friends – Trustee Gundrum

President Gundrum reported that the Friends had a meeting recently. He stated

that they are a very active group and currently have 17 active volunteers!

Director’s Report

Director Lentine thanked the Board for allowing her to attend the PLA Conference

last week. She reported that there were some great keynote speakers at the

conference and that it was a good opportunity to network with other library

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April 11, 2016

directors. She will provide the Board with a report on the conference in the near

future.

COMMUNICATIONS: The Communication folder consisted of:

? A thank you note from Lauterbach & Amen, LLP for selecting them as the

Library’s new auditors.

? An email message with a compliment from a patron regarding LVDL’s

programs and newsletter.

? A letter from Secretary of State Jesse White awarding LVDL with an Illinois

Public Library Per Capita Grant in the amount of $31,046.75.

? A letter from the Surface Transportation Board regarding a notice of intent

to prepare an environmental impact statement pertaining to Docket No. FD

35952.

? A copy of an article entitled “Four Hundred Years Later: Shakespeare’s First

Folio,” published in the ILA Reporter.

UNFINISHED BUSINESS:

Trustee Hartwig mentioned that we may want to consider the financial impact that

the TIF may have on the library as a result of the potential addition of new

residents in the district. He suggested that we submit a request to the Village for

them to consider subsidizing a percentage of the funds that we would have

expected to receive in order to help alleviate the financial impact on the library.

Director Lentine will draft a proposal and provide to the Board for review.

Trustee Gallagher asked Director Lentine if she was able to investigate if the library

will be responsible for paying the taxes on the existing building after relocating to

the new building (in the event the existing building does not sell). Director Lentine

will contact Tax Assessor Jeffrey Lee to discuss this with him and will report back to

the Board.

NEW BUSINESS: None.

PUBLIC COMMENTS: None.

ADJOURNMENT: There being no further business, at 7:53 PM, TRUSTEE VENTURI MOVED AND

TRUSTEE GALLAGHER SECONDED THAT THE MEETING BE ADJOURNED.

UPON BEING PUT TO A VOTE, THE MOTION CARRIED. AYES-6; NAYS-0; ABSENT-1:

RETTINGER. The next regular Board Meeting is scheduled for 6:30 PM,

May 9, 2016.

Secretary