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1 • Thursday, January 18, 2018 - The Elmhurst Independent
THURSDAY, JANUARY 18, 2018
Morley delivers impressive State of the City address Three keys to City’s success: planning, planning and planning
FOR THE ELMHURST INDEPENDENT
Tuesday, Jan. 9 was one of those unseasonably warm mornings we’ve had lately when 150+ business and community leaders gathered at Community Bank of Elmhurst (CBE) for the annual State of the City address delivered by Elmhurst Mayor Steve Morley. Ken Bartels from CBE served as moderator as he usually does, but this year he was wearing an additional hat. Bartels is currently the Chairman of the Board of Directors for the Elmhurst Chamber of Commerce & Industry (ECCI), who co-sponsors the breakfast. He will remain at the helm of the ECCI as it begins the celebration of its 100th anniversary year. Bartels introduced ECCI President & CEO John R. Quigley who began the program with a “State of the Chamber” report, noting this was the 21st annual State of the City address. “At 21, we’re legal now,” he quipped. “They should have served liquor this morning.” State of the Chamber Quigley affirmed that 2018 was the ECCI’s 100th year and a year-long Centennial Celebration would be officially kicked off at the Drake Oak Brook, where the Annual Awards Gala and 100th Birthday Bash will be held on Friday, Jan. 26 from 5-9 p.m. The evening will also serve to salute the 2017 award winners which include Nancy Peterson, Ambassador of the Year; Brewpoint Coffee, recipient of the A. J. “Toche” Terrones” Business of the Year award; Ralph Pechanio will receive the Chairman’s Award; and Jack Island of Silverado Grill will be inducted into the Civic
Hall of Fame.
Starting with the finances Mayor Morley took the podium and began by announcing that the City currently had 291 full-time employees, 17 Boards and Commissions with 100 people serving, 17 elected officials, 40 volunteers and, when you count the library and the History Museum, there are 650 peo-
ple in total who make the City tick. Morley gratefully thanked everyone, noting they are the reason the City’s is doing so well. He added that there were three secrets to Elmhurst’s success. “The secret to our success can be summed up in three words – planning, planning and planning,” Morley said. “We now have the North York Corridor Plan, a strategic plan
Showing that Churchville School spirit
for economic development, and with all the planning, we can say ‘if it happens in Elmhurst, it didn’t happen by accident.’” He said the City’s finances continue to be strong and Elmhurst currently enjoys a AAA Bond rating, which is the top rating the City can have. “What that bond rating means is that we get the lowest rate possible when we go out for Capital proj-
ects,” Morley said. “The Triple A rating allowed us to refinance about $7 million in debt, which resulted in a $900,000 savings to the taxpayers. There is $18 million in the General Fund Balance, or the ‘checkbook’ if you will. Our policy is to have about 25-33% of our operating budget in the coffers, which is actually $12- to
See ADDRESS, Page 3
ALL CORPORATE VIDEO Elmhurst Independent
This is the student team which took part in the 13th annual Marsha Amerio Student/Faculty basketball game held on Friday, Jan. 12, at Churchville Middle School. The event serves as a memorial salute to Marsha Amerio who was a long-time teacher at Churchville. In the end, the faculty team won the game 48-47. Full story and more photos inside.
Inside:
Police Reports...........6 Sports ��������������� 28-29 Viewpoint ����������������8 Classifieds..........34-35
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