Finance Committee

Regular Meeting

Hoffman Estates, IL · January 19, 2026

Minutes

Village of Hoffman Estates SPECIAL FINANCE COMMITTEE MEETING MINUTES January 19, 2026 I. Roll call Members in Attendance: Gary Pilafas, Chair Anna Newell, Vice Chairperson Karen Mills, Trustee Gary Stanton, Trustee Karen Arnet, Trustee Patrick Kinnane, Trustee William McLeod, Mayor Management Team Members in Attendance: Eric Palm, Village Manager Jana Dickson, Asst. Corporation Counsel Dan O’Malley, Deputy Village Manager Jon Pape, Assistant Village Manager Patrick Seger, Director of HRM Kasia Cawley, Police Chief Joe Nebel, Public Works Director Rachel Musiala, Director of Finance Darek Raszka, Director of IS Patty Richter, Village Clerk Missy Brito, Communications Manager Ric Signorella, Cable TV Coordinator The Finance Committee meeting was called to order at 6:50 p.m. 2. PUBLIC COMMENT 3. NEW BUSINESS A. Authorization to extend the Amended and Restated Profit Split Agreement with Levy Premium Foodservice Limited Partnership and additional two (2) years to provide food and beverage service at NOW Arena. An item summary sheet from Dan O’Malley was presented to Committee. Motion by Trustee Kinnane, seconded by Trustee Mills, to extend the Amended and Restated Profit Split Agreement with Levy Premium Foodservice Limited Partnership and additional two (2) years to provide food and beverage service at NOW Arena. Voice vote taken. All ayes. Motion carried. 4. Adjournment Motion by Trustee Kinnane, seconded by Trustee Arnet, to adjourn the meeting at 6:56 p.m. Voice vote taken. All ayes. Motion carried. Special Finance Committee -2- January 19, 2026 Minutes submitted by: Jennifer Djordjevic, Director of Operations & Date Outreach, Office of the Mayor & Board

Agenda

Packet

AGENDA Finance Committee Special Meeting Village Hall 1900 Hassell Road, Hoffman Estates, IL 60169 January 19, 2026 Council Chambers 6:50 PM 1. CALL TO ORDER/ROLL CALL 2. PUBLIC COMMENT 3. NEW BUSINESS A. Authorization to extend the Amended and Restated Profit Split Agreement with Levy Premium Foodservice Limited Partnership an additional two (2) years to provide food and beverage service at the NOW Arena. 4. ADJOURNMENT Further details and information can be found in the agenda packet attached hereto and incorporated herein and can also be viewed online at www.hoffmanestates.org and/or in person in the Village Clerk's office. The Village of Hoffman Estates complies with the Americans with Disabilities Act (ADA). For accessibility assistance, call the ADA Coordinator at 847/882-9100. Page 1 Page 1 of 4 AGENDA ITEM REPORT Finance Committee January 19, 2026 ITEM 3A REQUEST: Authorization to extend the Amended and Restated Profit Split Agreement with Levy Premium Foodservice Limited Partnership an additional two (2) years to provide food and beverage service at the NOW Arena. FROM: Dan O'Malley, Deputy Village Manager Ben Gibbs, General Manager - NOW Arena ITEM TYPE: Agreement - Committee REQUEST SUMMARY Request authorization to extend the Amended and Restated Profit Split Agreement with Levy Premium Foodservice Limited Partnership an additional two (2) years to provide food and beverage service at the NOW Arena. The Village contracts with Levy Premium Foodservice to provide food and beverage service at the NOW arena. The current Levy agreement expires on April 30, 2026, however provides that the Village may opt to twice extend the term of the agreement for two (2) additional years. These extensions would provide an additional four (4) years to the term, if enacted. The first, April 30, 2026 to April, 30, 2028 and April 30, 2028 to April 30, 2030. With the productive and mutually beneficial relationship that the Village and Levy have enjoyed for the past several years with Levy as food manager for the arena, staff would like to extend the term of this agreement the additional two (2) years as provided by Section 19 (a) of the agreement. Levy has provided excellent service over the initial term of the agreement and arena staff have been very satisfied with the Levy partnership in operating the arena. FINANCIAL IMPACT Authorizing this extension has no financial impact as the existing provisions of the agreement remain unchanged, except for adding the additional two (2) years to the term. RECOMMENDATION Authorization to extend the Amended and Restated Profit Split Agreement with Levy Premium Foodservice Limited Partnership an additional two (2) years pursuant to Sec. 19 (a) of the agreement to provide food and beverage service at the NOW Arena. ATTACHMENTS 1. LevyAgreementSection19(a) Page 1 of 2 Page 2 of 4 Page 2 of 2 Page 3 of 4 Page 4 of 4