IN DMMC Logo  BRIEF
A Publication of the DuPage Mayors and Managers Conference 
 
October 2011
In This Issue
Oct. Conference Meeting
Electric Aggregation Seminar
DMMC Member Recognized
Land Use Learning
Veto Session
DMMC Presented at IGFOA
Police Consolidation Workshop
Smart Grid Symposium
Greentown Returns
Corporate Partners
IMET Update
Tweets by DMMC
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WEDNESDAY, OCTOBER 12
Aggregation Seminar
8:30 a.m. to 12 noon
Lombard Village Hall
 
WEDNESDAY, OCTOBER 19
Conference Business Meeting
Electric Aggregation
Harry Caray's Steakhouse, Lombard
  


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Please enjoy the October issue of In Brief.

OCTOBER CONFERENCE BUSINESS MEETING 
Join us in October for a discussion on electric aggregation. This program will focus on one community's experience with the electric aggregation process. They will discuss the policy decisions for a municipality considering aggregation and explain why they chose the path they took toward aggregation. The meeting will be held at the Harry Caray's Italian Steakhouse, Lombard on Wednesday, October 19 at 6:00 p.m. Registration is open and reservations are required. For more information, contact Kim Sumner, Member Services and Communications Manager or visit the DMMC website
DMMC AGGREGATION SEMINAR
Learn the "how to" of electric aggregation at this free seminar. Geared toward managers/administrators and other municipal staff, a panel will share firsthand information on how a municipality moves through the aggregation process and what options are available to you. The seminar will be held at the Lombard Village Hall from 8:30 a.m. to 12 noon. Registration is now open.  Contact the Conference for more information at (630) 571-0480.
HANOVER PARK ACCEPTS SALT STORAGE AWARD
The Village of Hanover Park has won a 2011 Excellence in Storage award from the Salt Institute for environmental consciousness and effective management in the storage of winter road salt. This is the 8th year the Village has been recognized with this award. Congratulations to Hanover Park! 
DMMC LEARNED ABOUT LAND USE
Eighteen people participated in the DMMC Land Use Workshop on Thursday, September 8 at the Conference office. Topics covered included comprehensive planning, development, the hearing process and litigation. Thank you to Ungaretti and Harris for facilitating this workshop. 
VETO SESSION 

DMMC members will be traveling to Springfield during fall veto session (October 25-27 and November 8-10) to once again communicate our priorities to legislators. This is part of the Conference's on-going effort to have a stronger presence in Springfield. For more information on veto session or if you are interested in joining the Conference in Springfield, please contact Executive Director Mark Baloga.  

DMMC PRESENTATION AT IGFOA WORKSHOP
Executive Director Mark Baloga and Legislative Associate Michelle Kelm presented a session at the Illinois Government Finance Officers Association annual conference in Springfield on September 13. They spoke to about 40 finance professionals on understanding the legislative process and tips on how to be more effective with their lobbying efforts. Finance associates from around the state attended this session. 
SYMPOSIUM FOR POLICE CONSOLIDATION
The Illinois Criminal Justice Information Authority is hosting The New Paradigm in Policing: Contracting, Shared Services, and Consolidation, a symposium for Illinois law enforcement executives, city managers and city officials. The free symposium will be November 29, 2011 from 7:45 a.m. to 5:00 p.m. at the Four Points by Sheraton-O'Hare. Register online at www.icjia.state.il.us
GREAT LAKES SYMPOSIUM ON SMART GRID
This event will showcase smart grid best practices from around the country, new innovative technologies and ideas that have the potential to spur innovation, grow state economies, and empower consumers to conserve and save, and will engage smart grid thought leaders on the key policy questions. It will be held on October 18-19 at the Illinois Institute of Technology, Chicago. Cost is free for local government officials, but registration is required at http://goo/gl/XRz3i.  
GREENTOWN CONFERENCE RETURNS
The upcoming GreenTown event, Pioneering Healthy and Sustainable Communities, will be on October 12 at the Unity Temple in Oak Park, IL. The majority of the event will focus on healthy eating strategies for low-income families, restaurant and retail strategies, healthy eating in the work place, and farm to school and local foods. To register, visit www.greentownconference.com.   
CORPORATE PARTNERS UPDATE
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. For more information on the Corporate Partners program, contact Suzette Quintell, Operations Director, at (630) 571-0480, ext. 227 or visit the DMMC website.
IMET MONTHLY UPDATE
IMET's 1-3 Year Fund produced an excellent net one month return of .23 percent (2.76% annualized) and a net one year return of 1.02 percent as of August 31, 2011. Gross of fees, IMET's return was .25 percent for the month and 1.30 percent for the one-year return for the period ending August 31, 2011. IMET has consistently served - and continues to serve - as a solid intermediate-term investment for its members. IMET has provided strong enhancement over time and a solid source of diversification to the operating and reserve portfolios of Illinois public agencies. 

The IMET Convenience Fund (CVF) continues to outperform other short-term Local Government Investment Pool (LGIP) returns. The average daily yield for August 2011 was .28 percent, outperforming other pools in Illinois by 23-26 bps. The CVF posted a one year yield of .31 percent. 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.

For more information visit the IMET website.
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DMMC tweets about upcoming events and information. Follow us at www.twitter.com/DMMC_COG.  
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) 2011 DuPage Mayors and Managers Conference