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10/04/1971October 4, 1971 A meeting of the Board of Local Improvements of the Village of Deerfield was called to order by the President in ' the-Council Chambers of the Village Hall on Monday, October 4, 1971 at 8:10 p.m.. The secretary called the roll and reported that the following were Present: Bernard Forrest, President Albert E. Brust Werner'E. Neuman M. Jay Turner, Jr. Absent: Charles R. Bootz George Kelm Stephen M. Slavin and that a quorum was present and in attendance at the meeting. Also present were Messrs. Richard Houpt, Village attorney, and Norris Stilphen, manager. Mr. Neuman moved, seconded by Mr. Turner, that the minutes of the meeting held September 20, 1971 be' approved as submitted. Motion carried unanimously. Reconsider Contract S/A 110 The President reported he had reviewed the:awar'd Wilmot- Berkeley Improvements of the contract for construction of improvements on portions of Wilmot Road and Berkeley Court under Special Assessment No. 110. He has obtained a price quoted on the basis of a cash payment for construction of the improvement which would result in savings of just under 50 per cent. He has asked the Village attorney to explore alternate methods of financing the improvement. The Village attorney'stated the improvement could be undertaken as a regular Special Assessment except that the bidders would be notified they would be paid in cash for the construction, rather than vouchers. The Board could authorize a loan from.the General Fund to the Special Assessment Fund for payment to the contractor. The .property owners would pay assessments over a ten year period plus six per cent interest, and the General Fund would be repaid from these collections. The Village could also offer to buy vouchers from the contractor at a discount and hold them for the ten year period of the assessment. Motor Fuel Tax funds or Street and Bridge funds can also be used for such improvements. The possibility that a bank would buy the vouchers or bonds at par was another alternative. Mr. Slavin e #gered the meeting at 8:15 p.m. and was present thereafter. Discussion was had on when the improvements could be constructed if bids are rejected and re- advertised. It was determined that construction could not be started before next spring. Mr. Brust moved, seconded by Mr. Turner, that the Board reconsider the letting of the contract for Special Assessment No. 110 improvements. Motion carried unanimously. Resolution Rejecting Bids The Village attorney stated if the Board is Abandon S/A 110 considering the re- advertisement for bids with the resulting delay in construction of the improve- ments, it would be sounder to abandon the improvement under Special Assessment No. 110 and start over. Mr. Slavin moved, seconded by Mr. Brust, that the resolution be adopted rejecting bids received for the construction of the improvement designated as Special Assessment No. 110 and recommending abandonment of the assessment. Motion carried unanimously. The recommendation for abandonment of the Special Assessment, with ordinance attached, was signed by the Board of Local Improvements. Reconsider and Reject Mr. Neuman moved, seconded by Xr. Brust, Offer of Objecting Owners that the.offer of the objecting property owners to dedicate 39 ft. for right -of -way and construct their own.sidewalks, the Village to pay for the construction of curb and gutter and parkway seeding be re &onsddred. Motion carried unanimously. Mr. Brust. moved, seconded by Mr. Turner, that the =offer of the objecting property owners be rejected pending further consideration of the improvement. Motion carried unanimously. .Mr. Neuman suggested the employment of a crossing guard at the Greenwood - Wilmot intersection as a temporary solution for the safety of school children until the sidewalk is constructed. There being no further business to come before the Board of Local Improve- ments, on motion by Mr. Turner, seconded by.Mr. Brust, "the meeting was adjourned a t 8:35 p.m-. rc -'e-L Secretary APPROVED: . : , . 1 11