Finance Committee

City Hall 5th Floor City of Aurora Conference Room 5B 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Tuesday February 12, 2019 3:00 PM Alderman Bob O'Connor, Chairman Alderman Edward J. Bugg Alderman Ted Mesiacos Alderman Rick Mervine, Alternate CALL TO ORDER: Chairman O'Connor called the meeting to order at 3:11 p.m. ROLL CALL Present: 3 - Chairperson Bob O'Connor, Alderman Edward Bugg and Alderman Ted Mesiacos OTHERS PRESENT Steve Lord, Beacon News; Brian W. Dahl, Fox Valley Building & Construction Trades Council; Laura Hester, Cedarwood Development; Rob Moreno, LIUNA Local 582; Jim Schweizer; Martin Dwyer, LIUNA 582; Joel Pyle, IBEW 461; Brian Hooker, Carpenter's Local #174; Jason Morales, Mora; Abbey Tiu, Mora; Jeffrey Orduno, Urban Equity Properties; Justin Fern, Urban Equity Properties; Donald Longwell, Urban Equity Properties; Caleb Wilson, Urban Equity Properties; William Burns City of Aurora: Jolene Coulter, Purchasing; Tim Forbes, Streets Department; Derrick Winston, Equipment Services; Sandy Strueber, Aldermen's Office; Ken Schroth, Public Works; Alex Minnella, Planning and Zoning; Kathy Leonard, Economic Development; Mike Pegues, IT; Rick Veenstra, Law Department; David Dibo, Economic Development; Marty Lyons, Finance; Alderman Bill Donnell, Ward 4; John Curley, Development Services; Mike Baker, IT; Alderman Rick Mervine, Ward 8; Alex Alexandrou, Mayor's Office; Ed Sieben, Planning and Zoning; Trevor Dick, Economic Development; John Russell, Public Information; Alderman Scheketa Hart-Burns, Ward 7; Marissa Spencer, Law Department; Shelly Windett, Aldermen's Office; Mayor Richard C. Irvin APPROVAL OF MINUTES City of Aurora Page 1 Finance Committee Meeting Minutes - Final February 12, 2019 19-0058 Approval of the minutes from the Finance Committee meeting on January 22, 2019. A motion was made by Alderman Bugg, seconded by Chairperson O'Connor, that the minutes be accepted and filed. The motion carried. Ayes: 2 Abstain: 1 19-0068 Approval of the minutes of the Special Finance Committee meeting held on February 5, 2019 . A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that the minutes be accepted and filed. The motion carried. Ayes: 3 PUBLIC COMMENT Brian Dahl, President, Fox Valley Building and Construction Trades Council AGENDA 19-0055 A Resolution authorizing the 2019 Ward Neighborhood Cleanup Program for Wards 1, 3, 5, 7, 9 and 10 and Shred Events in the 1st, 4th, 5th, 6th, 8th, 9th and 10th Wards in the City of Aurora . A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 19-0065 A Resolution Authorizing the Ward 5 Residential and Nonprofit Grant Program. A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 19-0067 A Resolution Authorizing Ward 10 Residential Grant Program A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 19-0081 An Ordinance Reserving 2019 Volume Cap in connection with Private Activity Bond Issues, and Related Matters . A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. City of Aurora Page 2 Finance Committee Meeting Minutes - Final February 12, 2019 Ayes: 3 19-0093 An Ordinance Deleting Certain Property from the Redevelopment Project Area for the City of Aurora Downtown Tax Increment Financing District No. 1. A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 19-0061 A Resolution to approve the attachment of City of Aurora fiber to two ComEd poles at Cross Street and River Street to allow OnLight Aurora to extend fiber optic cable plant to the River Street Plaza commercial properties along South River Street south of Benton Street. There will be a yearly charge of $28.94 per pole ($57.88). Attachment base fee will increase 3% per year. A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 19-0066 A Resolution Ratification for payment for the remainder of 2018 to Deena Traina, for consulting services provided to the Animal Care and Control Division, not to exceed $26,500 . A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 19-0071 A Resolution to purchase a used 2008 Vermeer TG7000 tub grinder from Vermeer-Illinois Inc. for $500,000.00. A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 19-0076 A Resolution authorizing the Director of Purchasing to accept unit price proposals from Alvarez, Inc., Arborworks LLC and Homer Tree Care, Inc. for Tree Trimming, Tree Removal, and Stump Grinding not to exceed $100,000 per year for years 2019 through 2022 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 City of Aurora Page 3 Finance Committee Meeting Minutes - Final February 12, 2019 19-0095 Requesting a discussion for an upcoming grant submittal to the State of Illinois to improve accessibility for disabled patrons at RiverEdge Park. This Reports/Studies was recommended for approval (information only). 19-0097 Presentation on downtown housing study. This Information/Discussion Only was forwarded as information only. 19-0104 A Resolution Authorizing a Request to Execute a Redevelopment Agreement with Aurora Town Center Associates, LLC, a Wholly Owned Subsidiary of Cedarwood Development (Cedarwood) for the Purpose of Facilitating the Development of the Approximately 30 Acre Site, Located at the Intersection of 75th and Ogden Avenue. A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 19-0106 A Resolution Requesting Authorization to Execute a Redevelopment Agreement (RDA) with UEP Aurora LLC, a Wholly Owned Subsidiary of Urban Equity Properties (Urban) for the Purpose of the Redevelopment of the "Terminal Building" at 2 N. Broadway. A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 19-0108 A Resolution Requesting Authorization to Execute a Redevelopment Agreement (RDA) with UEP Aurora, LLC, a Wholly Owned Subsidiary of Urban Equity Properties (Urban), for the purpose of facilitating the Redevelopment of the "Keystone Building" at 30 S. Stolp. A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 19-0109 A Resolution Requesting Authorization to Execute a Real Estate Purchase and Development Agreement with Mora Asian Fusion for the Purpose of Facilitating the Sale and Redevelopment of the Vargas Building at 43 E. Galena. A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 City of Aurora Page 4 Finance Committee Meeting Minutes - Final February 12, 2019 ADJOURNMENT: A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this meeting be adjourned. The motion carried. Chairman O'Connor adjourned the meeting at 5:36 p.m. Ayes: 3 THIS MEETING AGENDA SHALL ALSO SERVE AS NOTICE THAT A MAJORITY OF A QUORUM OF THE CITY COUNCIL OF THE CITY OF AURORA, ILLINOIS MAY ATTEND OR PARTICIPATE IN THIS COMMITTEE MEETING. NO OFFICIAL ACTION OF THE CITY COUNCIL SHALL OCCUR AT THIS COMMITTEE MEETING. MINUTES OF THE COMMITTEE MEETING SHALL CONSTITUTE THE OFFICIAL RECORD OF THE COMMITTEE MEETING AND ANY MEETING OF THE MAJORITY OF THE QUORUM OF THE CITY COUNCIL OCCURRING AT THE SAME TIME AND LOCATION. 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 5