Finance Committee — Aurora, IL
Date: 2020-09-24

Finance Committee Meeting
 City of Aurora Remote Access Only
 44 East Downer Place
 Aurora, IL
 Finance Committee

 Agenda - Final Chairperson Bob O'Connor
 Vice Chair Edward Bugg
 Thursday Alderman Carl Franco
 Alderman Scheketa Hart-Burns
 September 24, 2020 Alderman Emmanuel Llamas

 3:00 PM

 THIS COMMITTEE MEETING WILL BE VIEWABLE VIA REMOTE ACCESS ONLINE AT:
 www.aurora-IL.org or www.facebook.org/cityofauroraIL


 TO JOIN THIS MEETING FOR PURPOSES OF PUBLIC COMMENT VIA TELEPHONE:
 Phone Number: +1 312-626-6799
 Meeting ID: 810 5887 0540
 THOSE WISHING TO PROVIDE PUBLIC COMMENT MUST PRE-REGISTER WITH THE
 AGENDA CLERK NO LATER THAN 1:00 PM ON SEPTEMBER 24, 2020 - VIA EMAIL:
 aldermensoffice@aurora-il.org OR VOICEMAIL AT 630-256-3020. SPEAKERS MUST
 PROVIDE THEIR NAME, TELEPHONE NUMBER FROM WHICH THE MEETING WILL BE
 ACCESSED AND THE TOPIC OF THEIR COMMENT. THE PUBLIC IS ADVISED THAT
 ALL TELEPHONE NUMBER AND PARTICIPANT NAMES MAY BE VISIBLE TO THE
 PUBLIC.

CALL TO ORDER:

 ROLL CALL

 APPROVAL OF MINUTES

20-0571 Approval of the minutes of the 9-10-2020 Finance Committee meeting..

 PUBLIC COMMENT

 AGENDA

20-0582 An Ordinance Designating the City of Aurora's Lake Galena Tax Increment
 Financing District, Redevelopment Project Area.

20-0585 An Ordinance Approving the City of Aurora's Lake Galena Tax Increment
 Financing District, Redevelopment Project Area, Redevelopment Plan and
 Project.

20-0586 An Ordinance Adopting the City of Aurora's Lake Galena Tax Increment Financing
 District.



City of Aurora Page 1 Printed on 9/22/2020
Finance Committee Agenda - Final September 24, 2020


20-0588 An Ordinance Designating the City of Aurora Lincoln and Weston Tax Increment
 Financing District Redevelopment Project Area.

20-0590 An Ordinance Approving the City of Aurora Lincoln and Weston Tax Increment
 Financing District Redevelopment Project Area Redevelopment Plan and Project.

20-0591 An Ordinance Adopting Tax Increment Financing District for the City of Aurora
 Lincoln and Weston Tax Increment Financing District.

20-0597 A Resolution Authorizing the Amendment of a Sales Tax Reimbursement
 Agreement with Pacific Square DE, LLC.

20-0598 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:

 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 - http://aurora-il.org/legistar.php
 [ For agendas prior to August 1, 2013, please visit http://aurora-il.org/agendasearch.php ]

 Any individual with a disability requesting a reasonable accommodation in order to participate in a
 public meeting should contact the Alderman'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 2 Printed on 9/22/2020

Finance Committee
 City of Aurora Meeting Remote Access
 44 East Downer Place
 Aurora, IL


 Finance Committee
 Meeting Minutes - Final
 Thursday
 September 24, 2020
 3:00 PM
 Chairperson Bob O'Connor
 Vice Chair Edward Bugg
 Alderman Carl Franco
 Alderman Scheketa Hart-Burns
 Alderman Emmanuel Llamas

 THIS COMMITTEE MEETING WILL BE VIEWABLE VIA REMOTE ACCESS ONLINE AT:
 www.aurora-IL.org or www.facebook.org/cityofauroraIL


 TO JOIN THIS MEETING FOR PURPOSES OF PUBLIC COMMENT VIA TELEPHONE:
 Phone Number: +1 312-626-6799
 Meeting ID: 810 5887 0540

 THOSE WISHING TO PROVIDE PUBLIC COMMENT MUST PRE-REGISTER WITH THE
 AGENDA CLERK NO LATER THAN 1:00 PM ON SEPTEMBER 24, 2020 - VIA EMAIL:
 aldermensoffice@aurora-il.org OR VOICEMAIL AT 630-256-3020. SPEAKERS MUST
 PROVIDE THEIR NAME, TELEPHONE NUMBER FROM WHICH THE MEETING WILL BE
 ACCESSED AND THE TOPIC OF THEIR COMMENT. THE PUBLIC IS ADVISED THAT
 ALL TELEPHONE NUMBER AND PARTICIPANT NAMES MAY BE VISIBLE TO THE
 PUBLIC.

 CALL TO ORDER:

 Chairman O'Connor called the meeting to order at 3:00 PM.


 OTHERS PRESENT

 Eddie & Judy Ni, Dave Dorgan, Jerome Toppemdorf

 City of Aurora: Dave Dibo, Economic Development; Alex Alexandrou, Mayor's
 Office; Marissa Spencer, Legal Dept.; Martin Lyons, Finance Dept.; Alex
 Minella, Economic Development; Jolene Coulter, Purchasing; Jessica Price,
 Purchasing; Connie Krug, Aldermen's Office

 ROLL CALL

 Present: 5 - Chairperson Bob O'Connor, Vice Chair Edward Bugg, Alderman Carl
 Franco, Alderman Scheketa Hart-Burns and Alderman Emmanuel Llamas




City of Aurora Page 1
Finance Committee Meeting Minutes - Final September 24, 2020



 APPROVAL OF MINUTES

 20-0571 Approval of the minutes of the 9-10-2020 Finance Committee meeting. .

 A motion was made by Alderman Hart-Burns, seconded by Alderman Franco,
 that this agenda item be accepted and filed. The motion carried.

 Ayes: 4

 Abstain: 1


 PUBLIC COMMENT

 There were no registered speakers for this meeting.


 AGENDA

 20-0582 An Ordinance Designating the City of Aurora Lake and Galena Tax
 Increment Financing District Redevelopment Project Area .
 A motion was made by Alderman Hart-Burns, seconded by Alderman Franco,
 that this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 20-0585 An Ordinance Approving the City of Aurora Lake and Galena Tax
 Increment Financing District, Redevelopment Project Area
 Redevelopment Plan and Project .
 A motion was made by Alderman Hart-Burns, seconded by Alderman Franco,
 that this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 20-0586 An Ordinance Adopting Tax Increment Financing the City of Aurora Lake
 and Galena Tax Increment Financing District .
 A motion was made by Alderman Hart-Burns, seconded by Alderman Franco,
 that this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 20-0588 An Ordinance Designating the City of Aurora Lincoln and Weston Tax
 Increment Financing District Redevelopment Project Area .
 A motion was made by Alderman Hart-Burns, seconded by Alderman Franco,
 that this agenda item be recommended for approval. The motion carried.

 Ayes: 5




City of Aurora Page 2
Finance Committee Meeting Minutes - Final September 24, 2020



 20-0590 An Ordinance Approving the City of Aurora Lincoln and Weston Tax
 Increment Financing District Redevelopment Project Area
 Redevelopment Plan and Project .
 A motion was made by Alderman Franco, seconded by Alderman Hart-Burns,
 that this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 20-0591 An Ordinance Adopting Tax Increment Financing for the City of Aurora
 Lincoln and Weston Tax Increment Financing District .
 A motion was made by Alderman Llamas, seconded by Vice Chair Bugg, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 20-0597 An Ordinance authorizing the amendment of a sales tax reimbursement
 agreement with Pacific Square DE, LLC.
 A motion was made by Alderman Hart-Burns, seconded by Vice Chair Bugg,
 that this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 20-0598 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.
 A motion was made by Alderman Hart-Burns, seconded by Alderman Franco,
 that this agenda item be held. The motion carried.

 Ayes: 5


 CLOSED SESSION


 ADJOURNMENT:

 A motion was made by Alderman Hart-Burns, seconded by Alderman Franco,
 that the meeting be adjourned. Chairman O'Connor adjourned the meeting at
 4:02 PM. The motion carried

 Ayes: 5




City of Aurora Page 3
Finance Committee Meeting Minutes - Final September 24, 2020



 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 - http://aurora-il.org/legistar.php
 [ For agendas prior to August 1, 2013, please visit http://aurora-il.org/agendasearch.php ]

 Any individual with a disability requesting a reasonable accommodation in order to participate
 in a public meeting should contact the Alderman'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 4