Finance Committee

Regular Meeting

Niles, IL · June 30, 2020

Minutes

Minutes Village of Niles Finance Committee Meeting Remote Participation, Zoom June 30, 2020 10:00 a.m. Call To Order Chairman George Alpogianis called the meeting to order at 10:02am. Roll Call Assistant Finance Director Laurie Nannini called the roll for Committee members: Committee Members Present: Chairman George D. Alpogianis, George Van Geem, Alan Weel Committee Members Absent: Jack Drexler, Joseph Ori Village Staff Present: Interim Finance Director Ed McKee, Assistant Finance Director Laurie Nannini, Village Manager Steve Vinezeano, Assistant to the Village Manager Kathy Thake, Deputy Village Manager Hadley Skeffington-Vos, Director of Economic Development John Melaniphy, Interim Deputy Finance Director Charles Howard, Budget Analyst Conor Schultz, Administrative Assistant Joy Athanasiou Old Business None Approval of Minutes The regular minutes from the March 4, 2020 Finance Committee meeting were presented for approval. A motion was made and all concurred. Accounts Payable Approval The Accounts Payable registers for 2020- 2/14, 2/21, 2/28, 3/6, 3/13, 3/20, 3/27, 4/3, 4/10, 4/17, 4/24, 5/1, 5/8, 5/15, 5/22, 5/29, 6/5, 6/12, 6/19 were presented for approval. A motion was made and all concurred. New Business Review Small Business Loan Program John Melaniphy presented a Small Business Loan Program to help restaurants affected by COVID-19. This program would allow the Village to partner with vulnerable small businesses in the restaurant industry and offer a no interest loan for one year. Each business would have to meet eligibility requirements to qualify for the loan. The Committee members present directed the Staff to formalize the plan details and bring this issue back to the Committee for a special meeting prior to presenting to the Board of Trustees. Chairman Alpogianis requested this be presented to the Board of Trustees at the Village Board meeting in July. George Van Geem made a motion to concur with staff findings to create an assistance program to help local restaurant organizations. Seconded by Alan Weel. On roll call, all concurred. Other Business None Public Comments None Executive Session None Adjournment Motion to adjourn was made at 10:56am and all concurred. Prepared by Joy Athanasiou on July 1, 2020.

Agenda

VIRTUAL FINANCE COMMITTEE MEETING AGENDA Tuesday, June 30, 2020 10:00 a.m. Remote Participation Regular Meeting The Finance Committee Meeting is called to order electronically via Zoom audio/visual conferencing by Chairman Alpogianis at the scheduled date and time on this agenda, in accordance with Governor Pritzker's most recent disaster declaration related to public health concerns due to the Coronavirus Disease 2019 pandemic, issued May 29, 2020. This electronic meeting is open to the public and the public may submit public comment in advance. Public comments will be accepted by email and phone call only. Public comments received by 9:00 a.m., on the day of the meeting will be read at the end of the meeting under Public Comment. Public comments should be emailed to:lan@vniles.com and contain the following information:  Name  Street Address (Optional City State Phone)  Organization, agency, etc. being represented. (If representing yourself, put "Self")  Topic or Agenda Item Number followed by Public Comment Public with no access to email may leave a message with the Assistant Finance Director at 847-588- 8035. Call To Order Roll Call Old Business Approval of Minutes Regular minutes from the meeting on March 4, 2020 Approval of Accounts Payable Registers since the Last Meeting 2020- 2/14, 2/21, 2/28, 3/6, 3/13, 3/20, 3/27, 4/3, 4/10, 4/17, 4/24, 5/1, 5/8, 5/15, 5/22, 5/29, 6/5, 6/12, 6/19 New Business 1. Review Possible Small Business Loan Program (Melaniphy) Other Business Public Comments Executive Session (if needed) Items Arising out of Executive Session (if needed) Adjournment