Finance Committee

Finance Committee City of Aurora Meeting Remote Access 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Thursday June 10, 2021 3:00 PM Chairperson Carl Franco Vice Chair Sherman Jenkins Alderwoman Shweta Baid Alderman Edward J. Bugg Alderwoman Scheketa Hart-Burns THIS COMMITTEE MEETING WILL BE VIEWABLE VIA REMOTE ACCESS ONLINE AT: www.aurora-IL.org or www.facebook.org/cityofauroraIL TO LISTEN TO THIS MEETING VIA TELEPHONE OR TO JOIN THIS MEETING FOR PURPOSES OF PUBLIC COMMENT VIA TELEPHONE, CALL: Phone Number: +1 312-626-6799 Meeting ID: 815-5096-7823 THOSE WISHING TO PROVIDE PUBLIC COMMENT MUST PRE-REGISTER WITH THE AGENDA CLERK NO LATER THAN 1:00 PM ON JUNE 10, 2021- VIA EMAIL AT aldermensoffice@aurora-il.org OR VOICE MAIL AT 630-256-3020. SPEAKERS MUST PROVIDE THEIR NAME, TELEPHONE NUMBER FROM WHICH THE MEETING WILL BE ACCESSED AND THE TOPIC OF THEIR COMMENT. THE PUBLIC IS ADVISED THAT ALL TELEPHONE NUMBERS AND PARTICIPANT NAMES MAY BE VISIBLE TO THE PUBLIC. CALL TO ORDER: Chairperson Franco called the meeting to order at 3:00pm. ROLL CALL Present: 5 - Chairperson Carl Franco, Vice Chair Sherman Jenkins, Alderwoman Shweta Baid, Alderman Edward Bugg and Alderwoman Scheketa Hart-Burns City of Aurora Page 1 Finance Committee Meeting Minutes - Final June 10, 2021 OTHERS PRESENT Linnea Windel; Nancy Burke; Ralph Jordan; Kelsey C; Kishore Gunda City of Aurora: Rich Jacobs, Aldermen's Office; Angel Johnson, IT; Denzel Lee, IT; Tim Weidner, Engineering; Dan Barreiro, Community Services; Marty Lyons, Finance; Ken Schroth, Public Works; Steve Andras, Aurora Airport; Marissa Spencer, Legal; John Russell, Grant Writer; David Schumacher, Water Production; Stacey Peterson, Budget; Rupa Anjanappa, IT; Jolene Coulter, Purchasing; Bob Greene, Engineering; Alex Alexandrou, Mayor's Office; Derrick Winston, Fleet and Facilities; Jason Bauer, Engineering; Dave Dibo, Economic Development; Alex Voigt, Mayor's Office; Cristal Colon, Aldermen's Office APPROVAL OF MINUTES 21-0412 Approval of the minutes of the May 27, 2021 Finance Committee meeting. A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair Jenkins, that this agenda item be accepted and filed. The motion carried. Ayes: 5 PUBLIC COMMENT AGENDA 21-0379 A Resolution Authorizing the Execution of a Memorandum of Understanding with the Aurora Housing Authority and the Northern Lights Development Corporation for the Use of an Illinois Department of Commerce and Economic Opportunity Grant for the Renovation of the of the Northern Lights and Aurora Housing Authority Youth and Community Center located at 551 Fourth Avenue in Aurora, Illinois . A motion was made by Alderwoman Hart-Burns, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 5 21-0422 An Ordinance amending Section 48-57 of the Code of Ordinances, City of Aurora, effective July 1, 2021, and establishing the utility rates for water and sewer services provided within the City thereafter . A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair Jenkins, that this agenda item be recommended for approval. The motion carried. City of Aurora Page 2 Finance Committee Meeting Minutes - Final June 10, 2021 Ayes: 5 21-0431 An Ordinance Authorizing the Issuance of Not to Exceed $15,000,000 Principal Amount City of Aurora, Kane, DuPage, Will and Kendall Counties, Illinois Revenue Bond Series 2021 (VNA Health Care); Authorizing the Execution and Delivery of a Bond and Loan Agreement, a Tax Exemption Certificate and Agreement and Related Documents; and Approving Related Items. A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair Jenkins, that this agenda item be recommended for approval. The motion carried. Ayes: 5 21-0251 A Resolution to purchase (20) Dell Latitude 5420 Rugged Laptops from Dell Technologies in the amount of $37 ,258.20. A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair Jenkins, that this agenda item be recommended for approval. The motion carried. Ayes: 5 21-0334 A Resolution Consenting to an Operator Contract between Eclipse Aerospace, Inc. and the City of Aurora. A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair Jenkins, that this agenda item be recommended for approval. The motion carried. Ayes: 5 21-0407 A Resolution authorizing the execution of a Local Public Agency Agreement for Federal Participation with the State of Illinois, the execution of a Phase 1 Engineering Agreement with Baxter & Woodman, Inc., maximum amount of $38,609.00, and the appropriation of $38,609.00 of Motor Fuel Tax (MFT) Funds for the South Edgelawn Drive at BNSF Railway Tracks Crossing Project, MFT # 20-00335-00-FL). A motion was made by Alderwoman Hart-Burns, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 5 21-0426 A Resolution approving the Third Amendment to the Intergovernmental Agreement between the City of Aurora, the City of Naperville, and the Naperville Township Road District to widen North Aurora Road in the vicinity of the CN Railway Crossing and to appropriate $750,000.00 of MFT Funds for the project . A motion was made by Alderwoman Hart-Burns, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. City of Aurora Page 3 Finance Committee Meeting Minutes - Final June 10, 2021 Ayes: 5 21-0435 A Resolution to approve the renewal of the $10.0 million Line of Credit (LOC) with Old Second Bank for one year . A motion was made by Alderwoman Hart-Burns, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 5 21-0437 A Resolution authorizing a Redevelopment Agreement (RDA) with Kishore Kumar for improvements to the property at 133 W Galena . A motion was made by Vice Chair Jenkins, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Alderwoman Hart-Burns left the meeting at 4:11pm. Ayes: 4 CLOSED SESSION ADJOURNMENT: A motion was made by Alderman Bugg, seconded by Vice Chair Jenkins, that this meting be adjourned. The motion carried. Chairperson Franco adjourned the meeting at 4:41pm. 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. 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 4 Finance Committee Meeting Minutes - Final June 10, 2021 Any individual with a disability requesting a reasonable accommodation in order to participate in a public meeting should contact the Aldermen's Office at least 48 hours in advance of the scheduled meeting. The Aldermen's Office can be reached in person at 60 E. Downer Place, Aurora Illinois, via telephone at 630-256-3020 or email at aldermensoffice@aurora-il.org. Every effort will be made to allow for meeting participation. City of Aurora Page 5