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SAVE THE DATE
WEDNESDAY, JANUARY 25 Legislative Reception and Dinner 5:30 p.m. to 9:00 p.m. Hilton Lisle/Naperville FRIDAY, MAY 18 50th Anniversary Gala 6:00 p.m. to 9:00 p.m.
Hilton Lisle/Naperville |
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Please enjoy the Winter issue of In Brief.
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LEGISLATIVE RECEPTION AND DINNER
The January Conference Business Meeting will feature a presentation of the proposed DuPage Mayors and Managers Conference 2012 Legislative Priorities. This event will also provide an opportunity for our legislators to participate by responding to the issues and discussing the upcoming legislative session. All DuPage legislators have been invited as our guests. The meeting will be held at the Hilton Lisle/Naperville, 3003 Corporate West Drive, Lisle, on Wednesday, January 25 at 5:30 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. |
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SAVE THE DATE FOR THE GALA OF THE YEAR
Mark your calendars for the DMMC 50th Anniversary Gala on Friday, May 18, 2012 at the Hilton Lisle/Naperville. If you are interested in being a 50th Anniversary sponsor, please contact Suzette Quintell, Operations Director, at (630) 571-0480, ext. 227. |
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MUNICIPAL SPOTLIGHT
The Conference would like to spotlight one member municipality at each of our upcoming monthly Business Meetings, beginning in February, 2012. The DMMC Board of Directors requests that members submit any innovative, budget-conscious initiatives that your municipality has successfully implemented. For more information, contact Kim Sumner, Member Services and Communications Manager. |
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IML OFFICERS VISIT DMMC
DMMC was honored to have Illinois Municipal League President Raymond Muniz and First Vice President Scott Eisenhauer join us for our Conference Business Meeting in November. Mayor Muniz spoke of his goals for the coming year and how important it is for municipalities to work together.
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Mayors Grasso, Muniz and Eisenhauer at the Conference Business Meeting. |
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HAPPY HOLIDAYS FROM DMMC
Happy holidays from the Board of Directors and DMMC staff! Please note that our office will be closed on Friday, December 23 through Monday, December 26 and Monday, January 2, 2012. |
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FINANCIAL FORECAST FORUM
The Northern Illinois University Center for Governmental Studies Civic Leadership Academy and Illinois City/County Management Association invite you to attend the fourth annual Illinois Financial Forecast Forum: Private Sector Views That Will Impact the Public Sector, on January 27, 2012 from 8:00 a.m. to 4:30 p.m. at the NIU Naperville Campus. The cost is $95 for the first attendee and $65 for the second attendee from the same organization. Click here to register. |
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DUPAGE ENVIRONMENTAL SUMMIT
Registration is open for the ninth annual DuPage Environmental Summit: Small Scale Renewable Energy Systems. This free summit will cover how to implement and integrate renewable energy systems at the local level, and will be held on Wednesday, January 11, 2012 from 11:30 a.m. to 5:00 p.m. at the Benedictive University Krasa Center. For more information or to register, contact Carrie Thompson at (630) 428-4500, ext. 10. |
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GRANTS FOR EMERALD ASH BORER
The Metropolitan Mayors Caucus is administering grants from the U.S. Department of Agriculture to mitigate losses from the Emerald Ash Borer. Funds will be available to purchase and plant trees, purchase materials necessary to plant trees and conduct an inventory, and prepare a management plan. Full details can be found on the Metropolitan Mayors Caucus website. |
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RESTRUCTURING OF PACE ROUTES
The Pace Board approved changes to Route 301 Roosevelt Road and Route 747 DuPage Connection, as well as implemented a Call-n-Ride in the Wheaton/Winfield area. Under these changes, Routes 301 and 747 will be combined into one, to be known as Route 301 Roosevelt Road. Combining the resources for the two routes will improve service frequency and hours of service for most riders on the Roosevelt Road corridor. Service changes will be implemented December 12. The new route will travel between the CTA Blue Line Forest Park Transit Center and the Wheaton Metra Station, with select rush hour trips serving the DuPage County Government Center. A new transit option, the Wheaton/Winfield Call-n-Ride, will provide an expansion of local service in the area well beyond what is currently offered by Route 747. The new route changes will affect only weekday service. Weekend service for Route 301, operating Saturdays between the CTA Blue Line Forest Park Transit Center and Oakbrook Center, and Sundays to Hillside, will be unchanged. |
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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. |
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IMET MONTHLY UPDATE
IMET's 1-3 Year Fund has provided strong performance over the last 12 months, providing a return to IMET members of 1.08% on a gross of fees basis for the latest one-year period and .80% 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.
The IMET Convenience Fund (CVF) enhanced rate for November 2011 provided members with an outstanding annualized rate of .27% and a 12-month return of .31%. 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.
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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) 2011 DuPage Mayors and Managers Conference |
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