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SAVE THE DATE
SATURDAY, NOV. 13 Vehicle and Equipment Auction Cypress Cove Family Aquatic Center Woodridge TUESDAY, NOV. 16 - THURSDAY, NOV. 18 Veto Session WEDNESDAY, NOV. 17 CANCELED - Conference Business Meeting THURSDAY, NOV. 25 - FRIDAY, NOV. 26 DMMC Office Closed for Thanksgiving Holiday TUESDAY, NOV. 30 - THURSDAY, DEC. 2 Veto Session |
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Please enjoy the November issue of In Brief.
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DMMC NOVEMBER BUSINESS MEETING CANCELED
The November 17 Conference Business Meeting has been canceled due to the high number of members traveling to Springfield for veto session. Our next meeting will be Wednesday, January 19, 2011 and will tentatively be our Annual Legislative Dinner & Reception. If you have any questions, please contact Kim Sumner, Member Services and Communications Manager. |
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FALL VEHICLE AND EQUIPMENT AUCTION
The Conference coordinates a semi-annual Vehicle and Equipment Auction to help offset member dues. The fall auction will be Saturday, November 13, 2010 at the Cypress Cove Family Aquatic Center, 8301 S. Janes Ave., Woodridge. Registration and viewing begin at 9 a.m. Bidding begins at 10 a.m. A list of the items for sale can be found on Obenauf Auctions website. If you have any questions, please contact Marcy Ramirez, Administrative Assistant, at (630) 571-0480. |
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UPDATE OF TRANSIT PLAN BEGINS
November 2010 marks an important milestone in the DuPage Area Transit Plan. The DuPage Mayors and Managers Conference (DMMC) and DuPage County will be gathering input on the first ever update of the Plan. Your input is sought to help us better understand what changes to the Plan will help meet the transit needs of DuPage residents, employees, businesses, and visitors. Two public meetings are scheduled for November to gather feedback on what changes we should make.
- Monday, November 8, 6:00 to 8:00 p.m., Student Resource Center, Room 1544, College of DuPage, 425 Fawell Blvd., Glen Ellyn
- Wednesday, November 10, 2:00 to 4:00 p.m., Upper Level (Near Carson Pirie Scott), Stratford Square Mall, 152 Stratford Square, Bloomingdale
For more information, contact Tam Kutzmark, Transportation and Planning Director. |
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MEMBERS PARTNER WITH AGENCY TO SAVE MONEY AND ENERGY
The Village of Lombard and City of Wheaton have partnered with the CUB Energy Saver program - a free online service available to all Illinois ComEd customers that shows citizens how to save money on their energy bills. A pilot version of CUB Energy Saver has been showing participants how to cut their energy usage by an average of about six percent or about $200 per year. The program only requires a participant's email address, home address and ComEd account information to build a money-saving plan. Those who connect CUB Energy Saver to their ComEd accounts will receive monthly emails on how their actions are directly impacting their power bills, along with suggestions on how to improve. For more information, visit www.cubenergysaver.com. |
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DUPAGE COUNTY STORMWATER AND FLOOD PLAIN ORDINANCE
DuPage County has released draft ordinance language and is requesting feedback from municipalities and other stakeholders. Please visit the County's stormwater blog for the latest news. DMMC is organizing a technical review group and plans to host a forum on November 18 from 2:00 to 4:00 p.m. at Oak Brook Village Hall that features a presentation on the draft. Seating is limited, so please RSVP to Tam Kutzmark, Transportation and Planning Director, if you are interested in participating in the review group and/or attending the forum. |
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TRANSPORTATION ENHANCEMENT PROGRAM AWARDS MONEY TO DUPAGE MUNICIPALITIES
DuPage municipalities will receive nearly $3 million in federal money to pay for trails and streetscape enhancements. The Villages of Lisle, Oak Brook, Villa Park, and Woodridge and the City of Warrenville will all receive funds from the Illinois Transportation Enhancement Program. |
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BENSENVILLE GRADE SEPARATION RECEIVES FUNDING
$64 million is going toward building a grade separation in Bensenville as part of the Chicago Region Environmental and Transportation Efficiency (CREATE) Program. The project will improve regional transportation by separating Irving Park Road from the Canadian Pacific Railroad east of York Road. The grade separation will reduce roadway congestion and improve safety along Irving Park Road. The improvements include reconstructing the intersection by lowering Irving Park Road and raising the Canadian Pacific Railroad Bridge. |
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GOVERNOR'S HOME TOWN AWARDS
The City of Wheaton and the Village of Hanover Park received Governor's Home Town Awards last month. The awards recognize the contributions of thousands of Illinois' volunteers for their hard work and dedication towards improving their communities. Wheaton was honored for their work on the City of Wheaton Sesquicentennial. Hanover Park was honored for their household recycling event. For more information, visit the State of Illinois website. |
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MUNICIPAL RAIN BARREL WORKSHOP
The Conservation Foundation invites you to a free workshop on how to implement a rain barrel program in your municipality. The workshop will cover the public outreach component, educating citizens on rain barrel uses and benefits, water conservation and other storm water best-management-practices attainable from the home landscape. The workshop is scheduled for Tuesday, November 16 from 9:00 to 11:00 a.m. at the Downers Grove Recreational Center. To register or for more information, contact Erin Tuttle (630) 428-4500, ext. 41. |
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CORPORATE PARTNERS
The DMMC Corporate Partners program provides an opportunity for participation by organizations that share a common commitment to the well-being of DuPage County municipalities. Corporate Partners gain high visibility among member communities through such means as meetings, workshops, publications, annual events, and sponsorship opportunities. Visit the DMMC website for more information on the Corporate Partners program. | |
IMET MONTHLY REPORT
IMET's 1-3 Year Fund has performed exceptionally well over the last 12 months providing a return to IMET members of 2.54% on a gross of fees basis for the latest one-year period and 2.26% on a net of fees basis for the latest one-year period.
IMET's 1-3 Year Fund invests exclusively in U.S. government-backed securities including Treasuries, Agencies, and Agency mortgage backed securities, and IMET is proud to maintain a triple A rating from Standard & Poor's rating service.
The IMET Convenience Fund (CVF) enhanced rate for September 2010 provided members with an outstanding annualized rate of .30% and a 12-month return of .43%. The enhanced rate may change on a daily basis and is posted on IMET's website each day. The CVF has a minimum rate guarantee of the Federal Funds rate through 12/31/12. The IMET CVF current rate is a blended rate consisting of the Fed Funds rate and a fixed income rate. The IMET Convenience Fund portfolio is comprised of FDIC insured CDs and liquid deposits collateralized at 110% and is managed so as to maintain a stable $1.00 share price. It offers daily liquidity and remains a very good investment option for a diverse investment portfolio providing members with safety, liquidity and yield. IMET continues to out-perform the competition and provide outstanding returns to members even in this continued difficult economy.
The Illinois Metropolitan Investment Fund was developed in July 1996 as a cooperative endeavor to assist Illinois municipalities and public entities with th einvestment of their intermediate-term dollars. IMET was established as a not-for-profit investment fund under the Intergovernmental Cooperation Act and the Illinois Municipal Code and is sponsored by the DuPage Mayors and Managers Conference. For more information, visit the IMET website.
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Founded in 1962, the DuPage Mayors and Managers Conference is a council of municipal governments representing over 1,000,000 people. A coalition of cities and villages, the Conference works to voice municipal concerns on local, regional, state, and national issues. It also serves its members and the region by fostering intergovernmental cooperation. The Conference is a not-for-profit organization supported by membership dues and grants.
(c) 2010 DuPage Mayors and Managers Conference |
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