Finance Committee

City Hall - 5th Floor City of Aurora Conference Rooms 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Thursday July 15, 2021 3:00 PM Chairperson Carl Franco Vice Chair Sherman Jenkins Alderwoman Shweta Baid Alderman Edward J. Bugg Alderwoman Scheketa Hart-Burns 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 3:05 p.m. ROLL CALL Present: 5 - Chairperson Carl Franco, Vice Chair Sherman Jenkins, Alderwoman Shweta Baid, Alderman Edward Bugg and Alderwoman Scheketa Hart-Burns APPROVAL OF MINUTES 21-0497 Approval of the minutes of the Finance Committee meeting held on June 24, 2021. A motion was made by Vice Chair Jenkins, seconded by Alderwoman Hart-Burns, that the minutes be accepted and filed. The motion carried. Ayes: 5 PUBLIC COMMENT AGENDA City of Aurora Page 1 Finance Committee Meeting Minutes - Final July 15, 2021 21-0470 A Resolution Authorizing an Addendum to the Amended and Restated Potable Water Service Agreement with Calgon Carbon Corporation for the continued lease of Granular Activated Carbon in filter groups 1 - 4, 5 - 8, and 9 - 12 for the Water Production Division. Item presented by Dave Schumacher, Water Production. 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 21-0475 A Resolution to approve the purchase of the Applications Payment module from Event Approvals, Inc., Vancouver, Canada in the amount of $5,500. Item presented by Gina Moga, Special Events. 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 21-0482 A Resolution Authorizing the Purchase of a 400 horsepower deep well motor from Layne Christensen Company in an amount not to exceed $159,600.00 Item presented by Dave Schumacher, Water Production. 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 21-0496 A Resolution authorizing the Director of Purchasing to enter into an agreement with Standard Equipment Company for the purchase of one truck mounted pipeline inspection system for the Water and Sewer Maintenance Division. Item presented by Eric Schoeny, Water and Sewer. 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 City of Aurora Page 2 Finance Committee Meeting Minutes - Final July 15, 2021 21-0523 A Resolution Authorizing the Execution of a Redevelopment Agreement with DAC Developments, LLC. Item presented by David Dibo, Economic Development, Alex Minnella, Economic Development, Alex Alexandrou, Mayor's Office, Marty Lyons, Finance, Danny Rezko, President, and the DAC Development Team, and Pappageorge Haymes Partners. 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 21-0530 A Resolution with Respect to the Potential Reimbursement of Eligible Costs in a Possible Tax Increment Finance District and to Induce Development Interest within the area known as the East Bank Development and adjacent property . Item presented by Marty Lyons, Finance. A motion was made by Vice Chair Jenkins, seconded by Alderwoman Hart-Burns, that this agenda item be recommended for approval. The motion carried. Ayes: 5 21-0533 A Resolution with Respect to the Potential Reimbursement of Eligible Costs in a Possible Tax Increment Finance District and to Induce Development Interest within 110 Cross Street and adjacent property . Item presented by Marty Lyons, Finance. 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 21-0513 A request to obtain bids for the reconstruction of the staircase from New York Street to the Fox River Trail on the east shore of the Fox River. Item presented by Ian Wade, Engineering, Marty Lyons, 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: 5 CLOSED SESSION City of Aurora Page 3 Finance Committee Meeting Minutes - Final July 15, 2021 ADJOURNMENT: A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair Jenkins, that this agenda item be adjourned. The motion carried. Chairperson Franco adjourned the meeting at 4:49 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 - http://aurora-il.org/legistar.php 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.us. Every effort will be made to allow for meeting participation. City of Aurora Page 4