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July 14, 2016 
In This Issue
Upcoming Events
Blood Drive July 20
Debt Refinancing Affirms Roselle's Strong Financial Position
Taste of Roselle
DuPage County Budget Survey
Shared Cost Parkway Tree Replacement Program

Community Coupons

Upcoming Events

July 14: Roselle Park District Concert in the Park, featuring Front Cover Sensations, 6:30 p.m. at Turner Park, 81 E. Devon Ave.

July 15: Roselle Cruise Night, 5:00 to 9:00 p.m. at American Legion Post 1084, 344 E. Maple Ave.

July 16: Roselle Park District Garden Club Pond & Garden Walk, 10:00 a.m. to 3:00 p.m. Tour seven backyard ponds and gardens throughout Roselle. Tickets are $15 per person in advance, $20 day of the event. Proceeds benefit Stepping Stones Roselle. Call (630) 894-4200 for more information.

July 19: Roselle Comprehensive Plan Update presentation to the Planning and Zoning Commission, 7:00 p.m. at Village Hall, 31 S. Prospect St.

July 19: Roselle Public Library presenting "Magnificent Alaska Travelog" by world traveler Ralph Danielsen at 7:00 p.m. Register for this presentation on the Roselle Public Library website. 

July 30: Free document shredding event sponsored by State Representative Christine Winger, 9:00 a.m. to noon in the parking lot at the northwest corner of 3rd St. and Schick Rd. in Bloomingdale. Limit: 2 paper boxes per participant. Call (847) 252-9311 for details.

Village of Roselle Holding Blood Drive July 20

The Village of Roselle is sponsoring a Community Blood Drive on Wednesday, July 20 from 9:00 a.m. to 3:00 p.m. The event will be coordinated by LifeSource and will take place at the Roselle Fire Station, 100 E. Maple Ave. 
 
The need for blood is very real, especially during the summer months. To schedule an appointment please call Stacie Riser (630) 671-2841 or visit LifeSource online and use group code #342C. A photo ID is required to donate blood.   

Quick Links 
Debt Refinancing Affirms Roselle's Strong Financial Position 
finances Roselle's AA+ bond rating was reaffirmed by Standard & Poor's during a recent "rating call" that was triggered by the refinancing of some of the Village's debt this summer. The AA+ rating is the second highest category that can be achieved and indicates that Roselle's capacity to meet its financial commitment on debt is very strong. This strong rating allows the Village to borrow at lower interest rates and reflects the Village's commitment to financial stability.

The refinancing that triggered the rating call will save the Village over $354,000 in interest charges over the life of the debt. According to Finance Director Tom Dahl, the Village refinanced $2.47 million in alternate revenue bonds while not extending the amount of time necessary to pay off the debt, which will be paid off in 2033. The debt was originally incurred for a construction project at the Devlin Wastewater Treatment Plant in 2008. The bonds were sold on July 6, with a savings yield of 12.88 percent.

"We are always looking for opportunities to save money," said Mayor Gayle Smolinski. "The recent refinancing of our debt is part of a continual effort to exercise fiscal responsibility."
Celebrate Summer at the Taste of Roselle August 5-7
Roselle will celebrate summer with the 35th Annual Taste of Roselle August 5 through 7. Bring family, friends, and your appetite and come out and enjoy the great food, live entertainment, carnival, craft fair, and Bingo tent. Taste of Roselle will be held on Main St., between Roselle Rd. and Howard St.  
 
Taste Schedule: 
Friday, August 5: 6:00 - 11:00 p.m. 
Saturday, August 6: Noon - 11:00 p.m. 
Sunday, August 7: 11:00 a.m. - 8:00 p.m.
 
For additional details, including a full entertainment schedule, activity schedule, and vendor list, visit the Taste of Roselle website.  
Take the DuPage County Budget Survey 
DuPage County DuPage County invites residents to provide their opinions on County programs and spending with the annual County Budget Survey. The input gathered will help guide the County's funding priorities during Fiscal Year 2017, which begins on December 1, 2016.
 
Each year, the DuPage County Board gathers public opinion as it shapes the next year's budget, determining spending levels for all of the County's programs. County Board Chairman Dan Cronin said that this year's effort is particularly important, as the County Board must create a budget without a full-year spending plan available from the state.
 
The survey, which takes approximately five to ten minutes to complete, and is open to all DuPage County residents, will be open until Chairman Cronin presents his FY 2017 budget plan to the County Board on September 13. 
Deadline to Order Parkway Trees Through 50/50 Replacement Program is August 31
New Tree The deadline to participate in the 2016 Shared Cost Parkway Tree Replacement Program is August 31. This 50/50 cost sharing program gives residents the opportunity to purchase a tree for their parkway at half of the cost, with the Village paying for the other half. This is a wonderful way to add to the beauty and enhance the property values of our community.
 
Residents may purchase one or two trees, depending upon the length of the parkway. Trees should be spaced approximately 40 feet apart and at least 10 feet from a driveway.Trees are available in either 2" or 2.5" in diameter.

If you wish to have the tree planted in a certain area of your parkway, please mark the spot with paint or with a stake. The Village Forester will check locations to determine if the area can be used for tree planting.

Tree orders and checks made payable to the Village of Roselle must be received by August 31. Forms and checks may be dropped off or mailed to Roselle Village Hall, C/O Parkway Tree Program, 31 S. Prospect St., Roselle, IL 60172.

The Parkway Tree Replacement form is available for download from the Village of Roselle website. Orders will be filled on a first come, first served basis. If you have any questions, please call Public Works at (630) 671-2368.
Thank you for subscribing to Roselle's e-newsletter featuring reminders about Village services, public safety tips, upcoming special events and more. The Village is committed to keeping you connected to what is happening in Roselle. Please reply to this email or call (630) 671-2817 with your comments or questions.