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Annual State of the Village Address
Mayor Steve Lentz recently hosted the Seventh Annual "State of the Village" presentation to offer residents an inside look at Mundelein’s 2020 vision. This year’s meeting took a broader perspective of the Village and focused on accomplishments, challenges, business development activity, and Mundelein’s future outlook. Mayor Lentz addressed residents in the board room and via live stream technology immediately preceding the regularly scheduled Board Meeting.
In addition to Mayor Lentz, the Mundelein Board of Trustees, Village Clerk, Economic Development Commission, the Planning and Zoning Commission, Village Administrator, and Department Heads were on-hand at the meeting to address resident questions.
Similar to last year’s presentation, the “State of the Village” began with a “Top Ten” list of the Mayor’s and Board of Trustees most pressing issues and focus areas.
The 2020 “Top Ten” list includes:
- Stormwater Mitigation Project
- Old Village Hall Redevelopment
- IDOT’s 60/83 Project-Governor Visit
- 2020 Road Improvement Program
- New Public Works and Engineering Facility
- Stars on Parade Public Art Project
- New Website Launch
- 2020 Mundelein Census
- Community Development KEY PROJECTS
- Sign Code Update
“During the State of the Village address, I provided a broad overview of some of our larger projects and initiatives and we have lots more going on behind the scenes. We are optimistic about the changes that are taking place throughout Mundelein and we believe it’s important to share our progress and future plans. Informed residents can help us tell the Mundelein story and this positive dialogue benefits the entire Village,” said Steve Lentz, Mayor.
During the presentation, Mayor Lentz also provided information on occupancy rates. Commercial occupancy is 80.6; Industrial 97%, Downtown 73.8% for an overall occupancy rate of 90.3. “We have two notable large vacancies that skew our numbers, specifically Oak Creek Plaza (201,508 SF) and U.S. Music Property (110,000 SF). Redevelopment is already underway on both of these properties. Our overall occupancy rate without these two properties is actually quite good: Commercial: 88%; Industrial 97.5%; Downtown: 85.5% for an overall occupancy rate of 93.5,” Mayor Lentz explained.
Other topics addressed included the Business Incentive Grant (BIG) program, 2020 tax levy summary, new business, contractor, and rental registration program, upcoming community events, shared dispatch services, and pension obligations.
View the complete presentation here: