Finance Committee

City Hall 5th Floor City of Aurora Conference Room 5B 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Thursday February 27, 2020 3:00 PM Chairperson Bob O'Connor Vice Chair Edward Bugg Alderman Carl Franco Alderman Scheketa Hart-Burns Alderman Emmanuel Llamas CALL TO ORDER: Chairperson Bob O'Connor called the meeting to order at 3:05 p.m. ROLL CALL Present: 4 - Chairperson Bob O'Connor, Vice Chair Edward Bugg, Alderman Carl Franco and Alderman Emmanuel Llamas Absent: 1 - Alderman Scheketa Hart-Burns OTHERS PRESENT Steve Lord, Beacon News City of Aurora: Jim Birchall, Central Services; Jolene Coulter, Purchasing; Ken Schroth, Engineering; Marissa Spencer, Law; Ian Wade, Engineering; Marty Lyons, Finance; Alex Alexandrou, Mayor's Office; Tim Weidner, Engineering; Cristal Colon, Aldermen's Office APPROVAL OF MINUTES 20-0120 Approval of the minutes of the Finance Committee meeting held on February 13, 2020. A motion was made by Vice Chair Bugg, seconded by Alderman Franco, that this agenda item be accepted and filed. The motion carried. Ayes: 4 PUBLIC COMMENT AGENDA City of Aurora Page 1 Finance Committee Meeting Minutes - Final February 27, 2020 20-0051 A Resolution authorizing Trane U.S. Inc. to upgrade the automated building control system at the City of Aurora Police Headquarters for $76,523.00. A motion was made by Vice Chair Bugg, seconded by Alderman Franco, that this agenda item be recommended for approval. The motion carried. Ayes: 4 20-0126 A Resolution authorizing the Director of Purchasing to enter into an agreement with NES Environmental, 195 Industry Drive, Frankfort, IL 60448 in the amount of $48,600 for Asbestos and Lead Paint Abatement at five single family residences on Bilter Road . A motion was made by Alderman Franco, seconded by Vice Chair Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 4 20-0133 A Resolution authorizing the Chief Financial Officer to repay the Line of Credit issued with Fifth Third Bank and Old Second Bank up to $3.0 million in 2020 in three equal installments on or before April 1, 2020, July 1, 2020, and October 1, 2020 as provided for in the 2020 Approved Gaming Fund Budget. A motion was made by Vice Chair Bugg, seconded by Alderman Franco, that this agenda item be recommended for approval. The motion carried. Ayes: 4 20-0121 Provide information to the Finance Committee about the upcoming Kane-Kendall Council of Mayors (KKCOM) Call for Projects. This Information/Discussion Only was discussed and filed. ADJOURNMENT: A motion was made by Vice Chair Bugg, seconded by Alderman Franco, that this meeting be adjourned. The motion carried. Chairperson Bob O'Connor adjourned the meeting at 3:34 p.m. Ayes: 4 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. City of Aurora Page 2 Finance Committee Meeting Minutes - Final February 27, 2020 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 3