Finance Committee

City Hall 5th Floor City of Aurora Conference Room 5B 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Tuesday June 26, 2018 3:00 PM Alderman Bob O'Connor, Chairman Alderman Edward J. Bugg Alderman Ted Mesiacos Alderman Rick Mervine, Alternate CALL TO ORDER: Chairman O'Connor called the meeting to order at 3:09 pm. ROLL CALL Present: 3 - Chairperson Bob O'Connor, Alderman Edward Bugg and Alderman Ted Mesiacos OTHERS PRESENT Steve Lord, Beacon News; Fred Lance, Sikich City of Aurora: Marissa Spencer, Legal Department; Marty Lyons, Finance; Linda Read, Finance; Alex Alexandrou, Mayor's Office; Bill Hull, Police Department; Jim Rufer, Fire Department; Bill Donnell, Alderman Ward 4; Cristal Martinez, Aldermen's Office APPROVAL OF MINUTES 18-0518 Approval of the minutes from the Finance Committee meeting on 6/12/2018. A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be accepted and filed. The motion carried. Ayes: 3 PUBLIC COMMENT AGENDA City of Aurora Page 1 Finance Committee Meeting Minutes - Final June 26, 2018 18-0527 An Ordinance for the Establishment of a Special Service Area Number #194 Poly USA, Inc. Vacant Lot 15-16-177-011, Kane County, in the City of Aurora A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 18-0528 An Ordinance for the Establishment of a Special Service Area Number #195 PAS Plaza Vacant Lots Southwest Corner of Farnsworth Avenue and Butterfield Road, Kane County, in the City of Aurora A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 18-0361 A Resolution to authorize the purchase of 75 Cardiac Science G5 AED's and 3 Cardiac Science G5 Trainer Units from Second Chance Cardiac Solutions, Yorkville, Illinois for the Aurora Fire Department and the Aurora Police Department, over the next two years . A motion was made by Alderman Mesiacos, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 3 18-0542 A Resolution authorizing the approval of a lease agreement and memorandum of the lease agreement between the City of Aurora and Verizon Wireless for the lease of space on a City-owned communication tower located at 2239 Diehl Rd, Aurora, Illinois . A motion was made by Alderman Mesiacos, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 3 18-0531 The City of Aurora completes several annual financial reports that must be accepted and placed on file by the City Council. Attached are ten (10) reports as follows: The 2017 Comprehensive Annual Financial Report (CAFR), the Board Communnications from Sikich, LLC, the 2017 Tax Increment Finance reports for TIFs 1,3,4,5,6,7, and 8, and The 2017 Single Audit for Federal Grants received . A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that this agenda item be recommended for approval. The motion carried. Ayes: 3 City of Aurora Page 2 Finance Committee Meeting Minutes - Final June 26, 2018 ADJOURNMENT: A motion was made by Alderman Mesiacos, seconded by Alderman Bugg, that this meeting be adjourned. Chairman O'Connor adjourned the meeting at 4:22 pm. The motion carried. Ayes: 3 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