Council issues bonds; company eyes housing development in Mendota

© 2017-Mendota Reporter

MENDOTA – The Mendota City Council acted on a bond issue and heard the results of a recent Plan Commission meeting during the regular meeting of the council on June 5.

A public hearing was held prior to the regular council meeting in regard to the bonds. Mayor David Boelk announced that the hearing was being held regarding a plan to issue not to exceed $700,000 in aggregate principal amount of the issuer’s General Obligation Bonds, Series 2017, the proceeds of which will be used to finance public infrastructure projects in and for the city and pay certain costs of issuance of the bonds.

The public hearing is required by the Bond Issue Notification Act of the State of Illinois. At the hearing, residents, taxpayers and other interested persons were given the opportunity to express their views for or against the proposed plan of financing. Hearing none, the mayor concluded the public hearing.

During the regular portion of the council meeting, Alderman John Pierson presented the results of a May 25 Plan Commission meeting. The Plan Commission convened to consider a petition to rezone property owned by Phalen Enterprises at the southwest corner of Washington Street and Plaza Drive. The Plan Commission recommended that the petition be approved to rezone the property from B3 to R4. No action was taken by the council.

Mayor Boelk said Bear Development of Kenosha, Wis., is interested in a possible housing development project on the site. Bear Development specializes in residential, mixed-use, and commercial development.

During Alderman John Holland’s report, the council approved a request by the Mendota Area Chamber of Commerce to finance the brochures and portable toilets for the Sweet Corn Festival in the amount of $5,195.

Alderman Randy Morris presented a forestry license application from Timber Industries of Dixon, which was approved by the council.

Mayor Boelk spoke briefly on the recent announcement that Archer Daniels Midland (ADM) will construct a major flour milling facility in Mendota.

“On behalf of the council and myself, I would like to commend Emily McConville (economic development director and city clerk) for all of the hard work she has put into this over an almost three-year process,” said Boelk. “She deserves special thanks on doing a great job in delivering this project to Mendota.”

The next regular meeting of the Mendota City Council will be Monday, June 19 at 6:30 p.m.

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