Report of the Committee of the Whole Meeting of April 8, 2024

A. Proposed 2023 General Fund Surplus Transfer

Trustee Schwingbeck moved, seconded by Trustee Baldino, that the Committee-of-the-Whole recommend to the Village Board of Trustees that the Board approve the Proposed 2023 General Fund Surplus Transfer of $5,750,000 to the Lead Service Line Replacement Fund.   

B. Revised Village Investment Policy

Trustee LaBedz moved, seconded by Trustee Grasse, that the Committee-of-the-Whole recommend to the Village Board of Trustees that the Board approve the proposed changes to the Village’s Investment Policy.

Arlington 425 - Sigwalt/Chestnut/Highland - PC#21-002

Zoning Entitlement Extension Request

Closed Session

Request for Closed Session per 5 ILCS 120/2(c)(21):  Discussion of minutes lawfully closed, whether for purposes of approval of the minutes or the semi-annual review of the minutes

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5 ILCS 120/2(c)(1):  appointment, employment, compensation, discipline, performance or dismissal of specific employees of the public body or legal counsel

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5 ILCS 120/2(c)(11): litigation, when an action against, affecting or on behalf of the Village has been filed and is pending before a court or administrative tribunal, or when the Board finds that an action is probable or imminent