Finance Committee

City Hall - Second Floor City of Aurora 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Thursday August 29, 2024 3:00 PM Chairperson Carl Franco Vice Chair Edward J. Bugg Alderwoman Shweta Baid Alderman Ron Woerman Alderman Brandon Tolliver 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 3:00pm. ROLL CALL Present: 5 - Chairperson Carl Franco, Vice Chair Edward Bugg, Alderwoman Shweta Baid, Alderman Ron Woerman and Alderman Brandon Tolliver APPROVAL OF MINUTES 24-0624 Approval of the minutes from the Finance Committee Meeting held on August 15, 2024. A motion was made by Alderman Woerman, seconded by Alderman Tolliver, that this agenda item be accepted and filed. The motion carried. Ayes: 5 PUBLIC COMMENT AGENDA 24-0615 An Ordinance Authorizing a 100% principal forgiveness Loan Agreement (Public Water Supply Loan Program - Home Rule Entity) for the Lead Service Line Replacement Project . A motion was made by Alderwoman Baid, seconded by Alderman Tolliver, that this agenda item be recommended for approval. The motion carried. City of Aurora Page 1 Finance Committee Meeting Minutes - Final August 29, 2024 Ayes: 5 24-0493 A Resolution authorizing the Director of Purchasing to adopt new unit prices for the billing of water meters and meter accessories . A motion was made by Alderman Tolliver, seconded by Vice Chair Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 5 24-0510 A Resolution Authorizing an Agreement for Administrative Services with Blue Cross Blue Shield of Illinois(BCBSIL) for HMO, PPO and Value HSA(HDHP) Group Health, Prescription Benefits Management(PBM), Flexible Spending, Dental, Vision, C.O.B.R.A. and Stop Loss Plan Administration for period January 1, 2025 , through December 31, 2025. A motion was made by Alderwoman Baid, seconded by Alderman Tolliver, that this agenda item be recommended for approval. The motion carried. Ayes: 5 24-0610 A Resolution Authorizing Blue Cross Blue Shield Blue of Illinois (BCBSIL) for Group Health Care Services and Rates for the period of January 1, 2025, through December 31, 2025 . A motion was made by Alderwoman Baid, seconded by Vice Chair Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 5 24-0604 A Resolution Establishing Health and Dental Insurance Monthly Rates of Contributions for Pre-Medicare Retirees Effective January 1, 2025 , through December 31, 2025 . A motion was made by Alderwoman Baid, seconded by Alderman Tolliver, that this agenda item be recommended for approval. The motion carried. Ayes: 5 24-0603 A Resolution Establishing C.O.B.R.A. Insurance Monthly Rates Effective January 1, 2025, to December 31, 2025 . A motion was made by Alderwoman Baid, seconded by Vice Chair Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 5 24-0653 A Resolution authorizing an Agreement with Humana to Administer a Medicare Advantage Plan for Medicare Eligible Retirees for the Period of January 1, 2024 , through December 31, 2025. A motion was made by Alderwoman Baid, seconded by Vice Chair Bugg, that this agenda item be recommended for approval. The motion carried. City of Aurora Page 2 Finance Committee Meeting Minutes - Final August 29, 2024 Ayes: 5 24-0654 A Resolution Authorizing Renewal of Benefit Consulting Services with Assured Partners, formerly Group Alternatives, Inc, for the Period of January 1, 2025 through December 31, 2027 . A motion was made by Alderwoman Baid, seconded by Alderman Tolliver, that this agenda item be recommended for approval. The motion carried. Ayes: 5 24-0616 A Resolution authorizing execution of a Second Amendment to the Memorandum of Understanding between the Cities for Financial Empowerment Fund, Inc., and the City of Aurora, expanding the FEC Expert Partner Scope of Work and to receive the $10,000 stipend upon full execution of this Second Amendment . A motion was made by Alderwoman Baid, seconded by Alderman Tolliver, that this agenda item be recommended for approval. The motion carried. Ayes: 5 24-0625 A Resolution authorizing the Director of Purchasing to purchase CCTV devices from Scientel Solutions LLC., 2021 N Eola Rd, Aurora, IL 60502 for $189,305.25. A motion was made by Alderman Tolliver, seconded by Alderwoman Baid, that this agenda item be recommended for approval. The motion carried. Ayes: 5 24-0645 A Resolution Directing Staff to Proceed with Phase I of a 3 Phase Sustainability Plan for the Aurora Civic Center Authority (ACCA) in an amount not to exceed $13.8 million . A motion was made by Alderman Woerman, seconded by Alderman Tolliver, that this agenda item be recommended for approval. The motion carried. Ayes: 5 HELD 24-0605 Discussion of matters related to the formation and making of a recommendation as to fixing of compensation of elected officials pursuant to the Local Government Officer Compensation Act. This Information/Discussion Only was held 24-0608 A motion and recommendation with respect to Mayoral Compensation pursuant to the Local Government Officer Compensation Act. This Recommendation was held City of Aurora Page 3 Finance Committee Meeting Minutes - Final August 29, 2024 24-0611 A motion and recommendation with respect to Aldermanic Compensation pursuant to the Local Government Officer Compensation Act. This Recommendation was held CLOSED SESSION ADJOURNMENT A motion was made by Alderman Woerman, seconded by Alderwoman Baid, that this meeting be adjourned. The motion carried. Chairperson Franco adjourned the meeting at 5:07pm. 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.us. Every effort will be made to allow for meeting participation. City of Aurora Page 4