Finance Committee

City Hall - 2nd Floor City of Aurora Council Chambers 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Thursday February 24, 2022 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 Franco called the meeting to order at 3:02 p.m. ROLL CALL Chairperson Franco called roll. A motion was made by Vice Chair Jenkins seconded by Alderwoman Baid to authorize Alderwoman Hart-Burns to participate remotely in this Finance Committee meeting per section 2-80 of the Code of Ordinances. The motion carried by voice vote, and Alderwoman Hart-Burns participated in this meeting remotely via Zoom teleconference. Present: 5 - Chairperson Carl Franco, Vice Chair Sherman Jenkins, Alderwoman Shweta Baid, Alderman Edward Bugg and Alderwoman Scheketa Hart-Burns APPROVAL OF MINUTES 22-0121 Approval of the minutes of the Finance Committee meeting held on February 10, 2022. A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair Jenkins, that the minutes be accepted and filed. The motion carried. Ayes: 5 PUBLIC COMMENT No registered speakers. City of Aurora Page 1 Finance Committee Meeting Minutes - Final February 24, 2022 AGENDA 21-0719 A Resolution authorizing an agreement with TinkRworks LLC for the provision of Science, Technology, Engineering, Arts, Mathematics (STEAM) training in an amount not to exceed $300,000.00 . Presented by Mike Pegues, IT; Simon Rodriguez, Youth Services; Chris Minick, 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 22-0141 A Resolution requesting to approve the purchase of additional licenses of VETRO FiberMap from VETRO, Inc., Portland, ME 04101, for an amount not to exceed $82,716 for a two-year term . Presented by Jeff Anderson, IT; Mike Pegues, IT. 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 22-0142 A Resolution requesting approval of a three-year agreement with NetMotion Software, Inc., Seattle, for virtual private network software for an amount not to exceed $307,645.00 . Presented by Mario Gil, IT; Mike Pegues, IT. 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 22-0138 An Ordinance making minor amendments to the Redevelopment Plan and Project for the City of Aurora 75th Street and Ogden Avenue Tax Increment Financing District. Presented by Trevor Dick, Economic Development. 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 City of Aurora Page 2 Finance Committee Meeting Minutes - Final February 24, 2022 22-0039 A Resolution with Respect to the Potential Reimbursement of Eligible Costs in a Possible Tax Increment Finance District (TIF) and to Induce Development Interest on a portion of currently City-Owned land on the west bank of the Fox River north of Downtown Aurora called the River and Vine TIF, and as authorized under the Tax Increment Allocation Redevelopment Act, 65 ILCS 5/11-74-.4-1 and 65ILCS 5/11-74.4-3(q). Presented by Trevor Dick, Economic Development; Alex Alexandrou, Mayor's Office. 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 CLOSED SESSION 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 4:07 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 3