Finance Committee

City Hall - Second Floor City of Aurora Council Chambers 44 East Downer Place Aurora, IL Finance Committee Meeting Minutes - Final Thursday June 12, 2025 3:00 PM Chairperson Ted Mesiacos Vice Chair Carl Franco Alderman Dan Barreiro Alderman-at-Large Keith Larson Alderman Edward J. Bugg 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. CALL TO ORDER Chairperson Mesiacos called the meeting to order at 3:00 pm. ROLL CALL Present: 5 - Chairperson Ted Mesiacos, Vice Chair Carl Franco, Alderman Dan Barreiro, Alderman-At-Large Keith Larson and Alderman Edward Bugg APPROVAL OF MINUTES 25-0470 Approval of the minutes from the Finance Committee Meeting held on May 29, 2025. A motion was made by Vice Chair Franco, seconded by Alderman-At-Large Larson, that this agenda item be accepted and filed. The motion carried. Ayes: 5 PUBLIC COMMENT AGENDA 25-0488 An Ordinance amending Article II of Chapter 48 of the City of Aurora Code of Ordinances Entitled “Municipal Utility Service” (Water and Sewer Rates) and establishing rates for said services for the annual periods beginning July 1, 2025 and July 1, 2026. A motion was made by Vice Chair Franco, seconded by Alderman Barreiro, that this agenda item be recommended for approval. The motion carried. City of Aurora Page 1 Finance Committee Meeting Minutes - Final June 12, 2025 Ayes: 4 Nayes: 1 24-0726 A Resolution authorizing the execution of a Joint Funding Agreement with the State of Illinois, the execution of a Phase 3 Construction Engineering Services Agreement with HR Green, Inc. in the not to exceed amount of $706,956.00, and the appropriation of $2,100,000.00 of REBUILD Illinois Bond Funds and/or MFT Funds for the Sullivan Rd Reconstruction Project. A motion was made by Vice Chair Franco, seconded by Alderman Barreiro, that this agenda item be recommended for approval. The motion carried. Ayes: 5 25-0199 A Resolution authorizing the execution of the Joint Funding Agreement for Federally Funded PE/ROW with the State of Illinois for ROW, authorizing the execution of the Standard Agreement Provisions Joint Improvement Projects on the State Highway System, and the appropriation of REBUILD Illinois Bond Funds and/or MFT Funds for Montgomery Road and Hill Avenue Intersection Improvement . A motion was made by Vice Chair Franco, seconded by Alderman-At-Large Larson, that this agenda item be recommended for approval. The motion carried. Ayes: 5 25-0481 A Resolution authorizing the execution of real estate contracts to purchase properties in the amount of $50,800.00 and appropriating REBUILD Illinois Bond Funds and/or MFT Funds for the Sullivan Road Reconstruction (Edgelawn to Golden Oaks) Project . A motion was made by Alderman Barreiro, seconded by Vice Chair Franco, that this agenda item be recommended for approval. The motion carried. Ayes: 5 25-0495 A Resolution authorizing the appropriation of REBUILD Illinois Bond Funds and/or MFT Funds for Phase 2 Design Engineering for New York Street Bridge Project. A motion was made by Vice Chair Franco, seconded by Alderman-At-Large Larson, that this agenda item be recommended for approval. The motion carried. Ayes: 5 City of Aurora Page 2 Finance Committee Meeting Minutes - Final June 12, 2025 25-0403 A Resolution authorizing the execution of a Third 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 to include the Small Business Boost and to receive the $9 0,000 grant upon full execution of this Third Amendment). A motion was made by Vice Chair Franco, seconded by Alderman Bugg, that this agenda item be recommended for approval. The motion carried. Ayes: 5 25-0465 A Resolution to approve GoGo Grandparent as the replacement contractor for the City of Aurora Ride Solution (CARS) Program through December 31, 2025, utilizing the remaining budgeted funding, not to exceed $100,000.00 . A motion was made by Vice Chair Franco, seconded by Alderman-At-Large Larson, that this agenda item be recommended for approval. The motion carried. Ayes: 5 25-0466 An informational presentation on the acceptance of a $2,500 grant award from Petco Love. A motion was made that this agenda item be forwarded as information only. The motion carried. Ayes: 5 HELD 25-0419 A Resolution approving funding support payments to VNA in the amount of $250,000 in 2025 and $250,000 during 2026 for a total disbursement of $500,000 in support of the recently constructed Bloomhaven campus. A motion was made by Vice Chair Franco, seconded by Alderman Barreiro, that this agenda item be recommended for approval as amended. The motion carried. Ayes: 4 Nayes: 1 CLOSED SESSION ADJOURNMENT A motion was made by Vice Chair Franco, seconded by Alderman Barreiro, that this meeting be adjourned. The motion carried. Chairperson Mesiacos adjourned the meeting at 4:28 pm. City of Aurora Page 3 Finance Committee Meeting Minutes - Final June 12, 2025 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