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Finance Committee

Regular Meeting

Aurora, IL · November 15, 2022

AgendaMinutes

Minutes

City Hall - 2nd Floor City of Aurora Council Chambers 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Tuesday November 15, 2022 1:00 PM Chairperson Carl Franco Vice Chair Sherman Jenkins Alderwoman Shweta Baid Alderman Edward J. Bugg Alderwoman Scheketa Hart-Burns SPECIAL MEETING - NOTE 1:00 PM START TIME 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 Carl Franco called the meeting to order at 1:07 p.m. ROLL CALL Present: 5 - Chairperson Carl Franco, Vice Chair Sherman Jenkins, Alderwoman Shweta Baid, Alderman Edward Bugg and Alderwoman Scheketa Hart-Burns PUBLIC COMMENT No registered speakers. AGENDA 22-0943 An Ordinance Approving a Lease, Renovation Agreement for City-Owned Property in the Downtown TIF (Stolp Island Parking Deck Commercial Spaces, 5 East Downer Place Suite A and E); and Related Finish Line Grant Funding . Presented by David Dibo, Economic Development. This Resolution was forwarded with no recommendation to the Committee of the Whole. City of Aurora Page 1 Finance Committee Meeting Minutes - Final November 15, 2022 22-0855 Review of the Proposed 2023 City Budget - Development Services and Airport Presented by John Curley, Development Services; Trevor Dick, Economic Development; David Dibo, Economic Development; Alex Alexandrou, Mayor's Office; Tracey Vacek, Planning and Zoning. This Reports/Studies was discussed and filed. CLOSED SESSION ADJOURNMENT A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair Jenkins, that this meeting be adjourned. The motion carried. Chairperson Carl Franco adjourned the meeting at 2:16 p.m. Ayes: 5 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 2

Agenda

City Hall - 2nd Floor Council City of Aurora Chambers 44 East Downer Place Aurora, IL Finance Committee Agenda - Final - Revised Chairperson Carl Franco Vice Chair Sherman Jenkins Tuesday Alderwoman Shweta Baid Alderman Edward J. Bugg November 15, 2022 Alderwoman Scheketa Hart-Burns 1:00 PM SPECIAL MEETING - NOTE 1:00 PM START TIME 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 ROLL CALL PUBLIC COMMENT AGENDA 22-0943 A Resolution Approving two leases at 5 East Downer Place Suite A and E with City of Aurora as Lessor and PreMil LLC as Lessee, and Related Finish Line Grant Funding. 22-0855 Review of the Proposed 2023 City Budget - Development Services and Airport CLOSED SESSION ADJOURNMENT 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 City of Aurora Page 1 Printed on 11/14/2022 Finance Committee Agenda - Final - Revised November 15, 2022 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 2 Printed on 11/14/2022