Finance Committee — Aurora, IL
Date: 2024-06-27

City Hall - 2nd Floor
 City of Aurora
 44 East Downer Place
 Aurora, IL
 Finance Committee

 Agenda - Final Chairperson Carl Franco
 Vice Chair Edward J. Bugg
 Thursday Alderwoman Shweta Baid
 Alderman Ron Woerman
 June 27, 2024 Alderman Brandon Tolliver

 3:00 PM


 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

 ROLL CALL

 APPROVAL OF MINUTES

24-0468 Approval of the minutes from the Finance Committee Meeting held on June 13,
 2024.

 PUBLIC COMMENT

 AGENDA

24-0473 A Resolution authorizing the third amendment to the second amended and
 restated lease between Holcim-MAMR, Inc., formerly known as LaFarge
 Aggregates Illinois, Inc., and the City of Aurora.

24-0484 A Resolution Accepting the Assignment of the Contractual Rights and
 Responsibilities of the Seize the Future Economic Development Foundation, Inc.
 (Invest Aurora), for the Purchase of Certain Real Property Located on Bilter Rd.
 and Authorizing the City's Officers and Employees to Complete the Transactions
 Contemplated by Said Contracts .

24-0490 An update on 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 .

 CLOSED SESSION

 ADJOURNMENT




City of Aurora Page 1 Printed on 6/25/2024
Finance Committee Agenda - Final June 27, 2024


 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 2 Printed on 6/25/2024

City Hall - 2nd Floor
 City of Aurora
 44 East Downer Place
 Aurora, IL


 Finance Committee
 Meeting Minutes - Final
 Thursday
 June 27, 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 3:02 pm.


 ROLL CALL

 Present: 5 - Chairperson Carl Franco, Vice Chair Edward Bugg, Alderwoman Shweta
 Baid, Alderman Ron Woerman and Alderman Brandon Tolliver

 APPROVAL OF MINUTES

 24-0468 Approval of the minutes from the Finance Committee Meeting held on
 June 13, 2024.
 A motion was made by Alderwoman Baid, seconded by Alderman Woerman,
 that this agenda item be accepted and filed. The motion carried.

 Ayes: 5


 PUBLIC COMMENT


 AGENDA

 24-0473 A Resolution authorizing the third amendment to the second amended
 and restated lease between Holcim-MAMR, Inc., formerly known as
 LaFarge Aggregates Illinois, Inc., and the City of Aurora.
 A motion was made by Alderman Woerman, 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 June 27, 2024


 Ayes: 5


 24-0484 A Resolution Accepting the Assignment of the Contractual Rights and
 Responsibilities of the Seize the Future Economic Development
 Foundation, Inc. (Invest Aurora), for the Purchase of Certain Real
 Property Located on Bilter Rd. and Authorizing the City's Officers and
 Employees to Complete the Transactions Contemplated by Said
 Contracts.
 A motion was made by Alderwoman Baid, seconded by Alderman Tolliver, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 24-0490 An update on 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 discussed and filed


 CLOSED SESSION


 ADJOURNMENT

 A motion was made by Vice Chair Bugg, seconded by Alderman Woerman,
 that this meeting be adjourned. The motion carried. Chairperson Franco
 adjourned the meeting at 3:34 pm.

 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




City of Aurora Page 2
Finance Committee Meeting Minutes - Final June 27, 2024



 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 3