Finance Committee

City Hall - 2nd Floor City of Aurora Council Chambers 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Thursday April 14, 2022 2:00 PM Chairperson Carl Franco Vice Chair Sherman Jenkins Alderwoman Shweta Baid Alderman Edward J. Bugg Alderwoman Scheketa Hart-Burns Please note 2:00 p.m. start time for this meeting only. Members of the public wishing to provide public comment for this meeting must be physically present at the meeting and registered to speak prior to the meeting being called to order. Please contact the Aldermen’s Office at (630) 256-3020 with questions. CALL TO ORDER Chairperson Franco called the meeting to order at 2:01 p.m. ROLL CALL Present: 4 - Chairperson Carl Franco, Alderwoman Shweta Baid, Alderman Edward Bugg and Alderwoman Scheketa Hart-Burns Absent: 1 - Vice Chair Sherman Jenkins APPROVAL OF MINUTES 22-0298 Approval of the minutes of the Finance Committee meeting held on March 24, 2022. A motion was made by Alderwoman Hart-Burns, seconded by Alderwoman Baid, that the minutes be accepted and filed. The motion carried. Ayes: 4 PUBLIC COMMENT No registered speakers. AGENDA City of Aurora Page 1 Finance Committee Meeting Minutes - Final April 14, 2022 22-0277 An Ordinance Amending The Annual Budget For The Fiscal Year Beginning January 1, 2021 and Ending December 31, 2021 (Amendment #2 For The 2021 Fiscal Year). Presented by Stacey Peterson, Financial Operations; Alex Alexandrou, Mayor's Office; Chris Minick, Finance. A motion was made by Alderwoman Hart-Burns, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 4 22-0286 An Ordinance providing for the issuance of not to exceed $56,000,000 General Obligation Bonds, Series 2022, of the City of Aurora, Kane, DuPage, Kendall and Will Counties, Illinois, for the purpose of financing capital improvements in and for said City and refinancing certain outstanding obligations of said City, providing for the levy of a direct annual tax sufficient to pay the principal of and interest on said bonds, and authorizing the proposed sale of said bonds to the purchaser thereof . Presented by Chris Minick, Finance; Alex Alexandrou, Mayors Office; Ken Schroth, Public Works. A motion was made by Alderwoman Hart-Burns, seconded by Alderwoman Baid, that this agenda item be recommended for approval. The motion carried. Ayes: 4 22-0290 An Ordinance Amending Chapter 20, Section 20-2 of The Aurora Code of Ordinances Entitled "Environmental Disposal Fee". Presented by Stacey Peterson, Financial Operations. A motion was made by Alderwoman Hart-Burns, seconded by Alderwoman Baid, that this agenda item be recommended for approval. The motion carried. Ayes: 4 22-0155 A Resolution authorizing an agreement with Crowe, LLP in an amount not to exceed $49,275.00 for consulting services related to the digitization of City records. Presented by Jennifer Stallings, City Clerk; Alex Alexandrou, Mayor's Office. A motion was made by Alderwoman Hart-Burns, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 4 City of Aurora Page 2 Finance Committee Meeting Minutes - Final April 14, 2022 22-0258 An Ordinance Calling for a Public Hearing and a Joint Review Board Meeting to Consider the Designation of a Redevelopment Project Area and the Approval of a Redevelopment Plan and Project for the City of Aurora (East River Bend Tax Increment Financing District) . Presented by Trevor Dick, Mayor's Office. Mr. Dick noted that item title should be an Ordinance, not a Resolution as posted on the Finance Agenda. A motion was made by Alderwoman Hart-Burns, seconded by Alderwoman Baid, that this agenda item be recommended for approval. The motion carried. Ayes: 4 22-0260 A Resolution authorizing the Chief Financial Officer to execute contracts with electricity suppliers to provide electricity to the City of Aurora . Presented by Chris Minick, Finance. A motion was made by Alderwoman Hart-Burns, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 4 22-0262 A Resolution Authorizing an Intergovernmental Agreement with the Fox Valley Park District Concerning the Staging of Independence Day Fireworks on Park District Property in 2022, 2023, and 2024 . Presented by Mike Nelson, Community Events Manager. A motion was made by Alderwoman Hart-Burns, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 4 22-0275 A Resolution approving a new contractual agreement for The Neighbor Project (TNP) to continue as a service partner to the Aurora Financial Empowerment Center (FEC) through December 2022 and to allocate $247,272 of budgeted funds for The Neighbor Project (TNP), with up to two (2) one (1) year extensions. Presented by Behati Hart, Community Services Dept. A motion was made by Alderwoman Hart-Burns, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 4 City of Aurora Page 3 Finance Committee Meeting Minutes - Final April 14, 2022 22-0278 A Resolution authorizing the sale of real property commonly known as 514 Claim Street, Aurora, Illinois to Fox Valley Habitat for Humanity, Inc. for nominal consideration. Presented by Ruthy Harris, Property Standards. A motion was made by Alderwoman Hart-Burns, seconded by Alderwoman Baid, that this agenda item be recommended for approval. The motion carried. Ayes: 4 22-0279 A Resolution authorizing the execution of an Engineering Agreement with HR Green, Inc. in the not to exceed amount of $21,564.00, and the appropriation of $22,000.00 of Motor Fuel Tax (MFT) Funds for the Montgomery Road Resurfacing Project. Presented by Tim Weidner, Engineering. A motion was made by Alderwoman Hart-Burns, seconded by Alderwoman Baid, that this agenda item be recommended for approval. The motion carried. Ayes: 4 22-0280 A Resolution authorizing the execution of an Engineering Agreement with HR Green, Inc. in the not to exceed amount of $20,461.00, and the appropriation of $21,000.00 of Motor Fuel Tax (MFT) Funds for the Liberty Street Resurfacing Project. Presented by Tim Weidner, Engineering. A motion was made by Alderwoman Hart-Burns, seconded by Alderwoman Baid, that this agenda item be recommended for approval. The motion carried. Ayes: 4 22-0289 A Resolution authorizing the purchase of one (1) 2023 E-One Ford F-750 2-door commercial chassis dive rescue squad in the amount of $529,773 for the Aurora Fire Department . Presented by Deputy Fire Chief Dave McCabe; Firefighter J. Erdmanus. A motion was made by Alderwoman Hart-Burns, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 4 22-0297 A Resolution awarding Diamondcuts Landscaping Inc. Aurora, IL as the 2022 contractor for lawn mowing services for eligible seniors and individuals living with disabilities. Alex Alexandrou requested this item be removed from the agenda. This Resolution was tabled. City of Aurora Page 4 Finance Committee Meeting Minutes - Final April 14, 2022 CLOSED SESSION ADJOURNMENT A motion was made by Alderwoman Hart-Burns, seconded by Alderwoman Baid, that this meeting item be adjourned. The motion carried. Chairperson Carl Franco adjourned the meeting at 3:09 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. VISIT OUR WEB SITE FOR CURRENT AGENDAS - https://www.aurora-il.org/985/City-Council-Agendas-Minutes 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