Finance Committee

Office of the Aldermen - City of Aurora Meeting Room 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Tuesday November 07, 2017 3:00 PM Alderman Bob O'Connor, Chairman Alderman Edward J. Bugg Alderman Ted Mesiacos Alderman Rick Mervine, Alternate Special Budget Meeting NOTICE OF SPECIAL MEETING In accordance with Sec. 5 ILCS 120/2.02 of the Illinois Open Meetings Act, NOTICE IS HEREBY GIVEN of a Special Finance Committee Meeting, called by Chairman Robert O'Connor scheduled for Tuesday, November 7, 2017 at 3:00 P.M. The Special Finance Committee Meeting will be held in the Aldermen's Office Meeting Room, 60 E. Downer Place, Aurora, IL. CALL TO ORDER: Chairman O'Connor called the meeting to order at 3:07pm. ROLL CALL Present: 3 - Chairperson Bob O'Connor, Alderman Edward Bugg and Alderman Ted Mesiacos OTHERS PRESENT David Hulseberg; Steve Lord; Kirk Albinson; Steve Wattenfeltz; Kevin Drendel; Karen Christensen City of Aurora: William Donnell, Ward 4 Alderman; Rick Mervine, Ward 8 Alderman; Rick Guzman, Neighborhood Redevelopment; Gina Moga, Special Events; Gio Santana, Animal Control; Cristal Martinez, Aldermen's Office APPROVAL OF MINUTES AGENDA City of Aurora Page 1 Finance Committee Meeting Minutes - Final November 7, 2017 17-01026 A Resolution Authorizing the Execution of a Development Agreement with Aurora Revitalization Owner LLC for the Properties Located at 5 E. Galena Boulevard; 2-20 South Stolp Avenue; and 104 E. Downer Place - Aurora Arts Centre Residential Project. A motion was made by Alderman Bugg, seconded by Chairperson O'Connor, that this agenda item be recommended for approval. The motion carried. Ayes: 2 Abstain: 1 17-01013 Review of the Proposed 2018 City Budget . This Reports/Studies was discussed and filed HELD 17-00959 A Resolution Authorizing the Execution of a Commercial Lease Agreement for City Owned Property Located at 19-21 South Broadway to the Fox Valley Music Foundation A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 17-00960 A Resolution Authorizing the Execution of a Redevelopment Agreement with the Fox Valley Music Foundation for the Property at 19-21 South Broadway A motion was made by Alderman Mesiacos, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 3 ADJOURNMENT: A motion was made by Alderman Mesiacos, seconded by Alderman Bugg, that this meeting be adjourned. Chairman O'Connor adjourned the meeting at 4:26pm. The motion carried. Ayes: 3 VISIT OUR WEB SITE FOR CURRENT AGENDAS - http://aurora-il.org/legistar.php [ For agendas prior to August 1, 2013, please visit http://aurora-il.org/agendasearch.php ] City of Aurora Page 2