City of Moline Committee of the Whole met May 9.
Here is the agenda as provided by the committee:
Presentation
Request from Tony Loete, Utilities General Manager, to award Sophia Kunzle, 3rd Grade, Moline-Coal
Valley School District 40, winner of the Water Art Contest.
May 2017 Neighborhood Partnership Committee Neighbor of the Month Winners: Commercial – Dr.
Ronald Riggins, Dr. Kyle Peterson, Dr. Bryan Blew, Riverside Family Dentistry, 609 22nd Avenue;
Residential – Brett Schricker, Red Box Dwell Inc., 5110 34th Avenue. Additional documentation attached.
Informational
2016 Health Plan Performance Review (Alison Fleming, Human Resources Manager & Bethany BumpWhite,
United Healthcare)
Proclamation
Request by J.D. Schulte, Public Works Director, to proclaim May 21-27, 2017, as National Public Works
Week.
Questions on the Agenda
Agenda Items
1. Actuarial Valuation Report of 2016 Post Employment Benefits (Kathy Carr, Finance Director)
2. Revolving Loan Fund Program Guidelines (Annaka Whiting – Planning & Development)
3. Revolving Loan Fund Agreement Name Change (Annaka Whiting, Compliance Analyst)
4. Consent for Assignment of TIF Property Tax Rebate Payments for the Chase Bank Building
Development Project (Maureen Riggs, City Attorney)
5. Permanent Utility and Drainage Easement (Scott Hinton, City Engineer)
6. Right of Entry for I-74 Utility Conflict Resolution Project (Scott Hinton, City Engineer)
7. Development and Economic Incentive Agreement with Midwest Palms, LLC (Ray Forsythe,
Planning & Development Director)
8. Other
Public Comment
Members of the Public are permitted to speak after coming to the podium and stating their names.
Explanation
1. A Resolution accepting the actuarial valuation report submitted by MWM Consulting
Group for the year ending December 31, 2016 for the City of Moline’s Other Post
Employment Benefits Under GASB#45. (Kathy Carr, Finance Director)
Explanation: Other post employment benefits (OPEB) is an accounting concept created by the
Governmental Accounting Standards Board (GASB) by pronouncements designed to address expenses
that governments are legal bound to pay after an employee retirees. For many years, most city
governments have provided their employees with some form of retiree health care but have not
addressed the benefits’ long term costs. This has created a financial liability. Since 2008 the City of
Moline has been required to disclose the amount of the liability. This amount is determined by the use of
an actuarial calculation based on the plan provisions, the employee data, and the actuarial methods and
assumptions described in the report.
Unfunded 12/31/2016 1 2/31/2014 12/31/2012
Liability $12,061,989 $12,526,717 $11,895,773
The decrease for 2016 is attributed to the total participant count decreased from 453 to 429 (retirees
down to 93 from 106) and premium rates only increased 3% from 2015 versus an assumed increase over
the two year period of 15%. Additional documentation attached.
Staff Recommendation: Approval
Fiscal Impact: N/A
Public Notice/Recording: Finance staff will file with Illinois Department of Insurance, Public
Pension Division
Goal Impacted: Financially Strong City
2. A Resolution amending the Revolving Loan Fund Program Guidelines as recommended by
City staff and the Revolving Loan Fund Committee. (Annaka Whiting, Compliance Analyst)
Explanation: The City of Moline previously established the self-funded Revolving Loan Fund Program
(RLFP) with adopted Guidelines (Resolution No. 1159-2014). The intent of the RLFP is to promote and
create the expansion of businesses that create jobs. City staff and the Revolving Loan Fund Committee
(RLFC) recommend further amending the Guidelines to provide greater detail of the composition and
responsibilities of the RLFC. Additional documentation attached.
Staff Recommendation: Approval
Fiscal Impact: N/A
Public Notice/Recording: N/A
Goals Impacted: Strong Local Economy
3. A Resolution authorizing the Mayor and City Clerk to execute a $100,000.00 Revolving
Loan Fund Agreement with Moline Promenade, LLC and to execute any necessary
agreements referenced therein, and authorizing all appropriate City officers and staff to do
all things necessary to complete each of the City’s responsibilities pursuant to said
Agreement. (Annaka Whiting, Compliance Analyst)
Explanation: The City of Moline approved Resolution No. 1101-2016 on August 2, 2016 authorizing
the Mayor and City Clerk to execute a $100,000.00 Revolving Loan Fund Agreement with Moline
Promenade Inc. d/b/a Element Hotel. On March 27, 2017, the City was notified that the incorrect entity
was listed on the loan application and the applicant requested a name change on the approved loan from
Moline Promenade Investors, Inc to Moline Promenade Investors, LLC. Additional documentation
attached.
Staff Recommendation: Approval
Fiscal Impact: $100,000.00 from Account Number 231-0000-126-32-00
Public Notice/Recording: N/A
Goals Impacted: Financially Strong City; Strong Local Economy; A Great Place to Live
4. A Resolution authorizing the Mayor and City Clerk to execute an Acknowledgment and
Consent to the Collateral Assignment of TIF Property Tax Rebate Payments of
Development Agreement for the Chase Bank Building Development Project. (Maureen
Riggs, City Attorney)
Explanation: The City of Moline executed a Development Agreement with Moline 501, L.L.C. and
Moline Chase L.L.C. (Developer) to facilitate the redevelopment of property located at 501 15th Street
on September 27, 2016, through Special Ordinance No. 4054-2016 granting TIF assistance to the
Developer. Developer’s lender, Blackhawk Bank & Trust has agreed to make a loan to Developer for
the development and construction of the Project. As further security for the loan to Developer,
Developer seeks to assign all payment rights from the Development Agreement to the Bank until such
time as all obligations of Developer to the Bank with respect to the loan have been satisfied, and the
Bank and Developer are requesting that the City consent to such assignment. Additional documentation
attached.
Staff Approval: Approval
Fiscal Impact: N/A
Public Notice/Recording: N/A
Goals Impacted: A Great Place to Live
5. A Resolution authorizing the Mayor and City Clerk to accept one (1) Permanent Utility
and Drainage Easement more particularly described herein to allow water improvements
to proceed on 1912 28th Avenue A. (Scott Hinton, City Engineer)
Explanation: Permanent Utility and Drainage Easement is necessary and has been executed by Francis
X. Brandi, 2912 28th Avenue A, Parcel #0712995 to allow water improvements to proceed on 2912 28th
Avenue A. Additional documentation attached.
Staff Recommendation: Approval
Fiscal Impact: Recording costs
Public Notice/Recording: Engineering Department will record
Goals Impacted: Upgrade City Infrastructure & Facilities
6. A Resolution authorizing the Mayor and City Clerk to accept one (1) Right of Entry more
particularly described herein to allow construction to proceed on Project #1262, I-74 Utility
Conflict Resolution. (Scott Hinton, City Engineer)
Explanation: Right of Entry is necessary and has been executed by Riverstone Group Inc., 190 22nd
Street to allow construction to proceed on Project #1262, I-74 Utility Conflict Resolution. Additional
documentation attached.
Staff Recommendation Approval
Fiscal Impact: N/A
Public Notice/Recording: N/A
Goals Impacted: Upgrade City Infrastructure & Facilities
7. A Special Ordinance authorizing the Mayor and City Clerk to execute a Development and
Economic Incentive Agreement between the City of Moline and Midwest Palms, LLC for
the development project and to execute any necessary agreements referenced therein, and
authorizing all appropriate City officers and staff to do all things necessary to complete
each of the City’s responsibilities pursuant to said agreement. (Ray Forsythe, Planning &
Development Director)
Explanation: Midwest Palms, LLC seeks to enter into a Development and Economic Incentive
Agreement with the City to facilitate the development of the project consisting of the following
properties: 1320 and 1322 49th Street. The project will consist of Developer purchasing the property and
constructing 16 market rate condominium/townhouses. Developer is seeking assistance from the City
due to the additional costs of utility infrastructure as an extension is required with individual
connections for each unit. The City wishes to support the development by granting certain incentives.
Staff Recommendation: Approval
Fiscal Impact: N/A
Public Notice/Recording: N/A
Goals Impacted: Financially Strong City; A Great Place to Live
http://www.moline.il.us/ArchiveCenter/ViewFile/Item/3977
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