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On the Agenda: Village Council Meeting (4/3)

Tonight's meeting, in brief.

The will meet tonight at 7 p.m. in Council Chambers inside . Below are some highlights from the proposed agenda.

Recognition

•Marsha Giesler, .

On the Consent Agenda

•A resolution authorizing an intergovernmental agreement with the City of Darien.

•A motion awarding nearly $5.5 million to Austin Tyler Construction for the Knottingham Subdivision road reconstruction and water main replacement project.

On the Active Agenda

•A motion authorizing a salary increase for the Village Attorney.

•An ordinance amending certain water rates.

From the Manager's Report

Standard & Poor’s Affirms AA+ Bond Rating – Standard & Poor’s indicated today that the Village has retained its bond rating of AA+. S&P completed the bond rating as part of the Village’s 2012 bond issuance process. The Village hosted S&P staff members on Thursday, March 21. After answering questions and reviewing the Village’s overall financial position, Long Range Financial Plan and Strategic Plan, staff provided a short tour of the Village. S&P officials indicated that the Village received the top possible score on management and noted that the Village’s financial planning efforts and budget decisions were major reasons for this score. The rating of AA+ is the second highest rating that can be achieved. The Village was not awarded the highest rating, AAA, due to demographic factors beyond the Village’s direct control such as resident income levels and housing values.

Nice Raise April 03, 2012 at 09:10 PM
BACKGROUND On December 6, 2011, the Village Council conducted an annual evaluation of the Village Attorney’s performance. Adoption of this motion will authorize a 3% salary increase effective May 1, 2011 and a 3% salary increase effective May 1, 2012. Are the dates right for this? The Village Attorney gets a retroactive raise first, then another raise right away? That's a 6%+ raise in one fell swoop. Is anybody paying attention?
John Schofield April 03, 2012 at 11:32 PM
What happened to austerity?

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