Finance Committee — Aurora, IL
Date: 2025-02-27

City Hall - Second 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
 February 27, 2025 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.
 CALL TO ORDER

 ROLL CALL

 APPROVAL OF MINUTES

25-0156 Approval of the minutes from the Finance Committee Meeting held on February
 13, 2025.

 PUBLIC COMMENT

 AGENDA

24-0915 A Resolution authorizing the Director of Purchasing to enter into an agreement with
 Upland Design LTD of Plainfield, IL in an amount not to exceed $160,000 to
 design renovations to Garfield Park.

25-0147 A Resolution A Resolution Authorizing the Execution of a Redevelopment
 Agreement between the City of Aurora and North Island Apartments LP to Provide
 a Loan in the Amount of $400,000 in Community Development Block Grant
 (CDBG) funds for a Roof Replacement of Affordable Senior Housing Development
 Building located at 2 N. Stolp Avenue .

25-0148 A Resolution Authorizing the Execution of a Modification to a Redevelopment
 Agreement between the City of Aurora and Community Housing Advocacy and
 Development (CHAD) to Modify Loan Terms for Project HOME-2010-01 .

25-0149 A Resolution Authorizing the Execution of a Modification to a Redevelopment
 Agreement between the City of Aurora and Community Housing Advocacy and
 Development (CHAD) to modify loan terms for Project HOME-2011-01 .

25-0150 A Resolution Authorizing the Execution of a Modification to a Redevelopment
 Agreement Between the City of Aurora and Association for Individual
 Development (AID) to Modify Loan Terms for Project HOME-2012-01 .

City of Aurora Page 1 Printed on 2/25/2025
Finance Committee Agenda - Final February 27, 2025


25-0151 A Resolution Authorizing the Execution of a Modification to a Redevelopment
 Agreement Between the City of Aurora and Association for Individual
 Development (AID) to Modify Loan Terms for Project HOME-2013-02.

25-0171 A Resolution approving a service agreement between the City and the County of
 Kendall for the provision of Demand-Response Transportation through 2027.

25-0181 A Resolution authorizing approval of a Short-Term Loan Agreement between the
 City of Aurora and Delicia Bowling for the purpose of facilitating the opening of
 The Soul Spot, a soul food restaurant, in Unit E4 at the Fox Valley Mall located at
 195 Fox Valley Center Dr, Aurora, IL 60504.

25-0182 A Resolution authorizing approval of a Loan Agreement between the city of Aurora
 and Jamie Gilmore and a third amendment to the redevelopment agreement with
 Urban Equity Properties (UEP) for the purpose of facilitating the redevelopment of
 the vacant commercial space located at the ground level at 2 North Broadway in
 downtown Aurora.

 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 -
 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 2/25/2025

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


 Finance Committee
 Meeting Minutes - Final
 Thursday
 February 27, 2025
 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.

 CALL TO ORDER

 Chairman Franco called the meeting to order at 3:01pm.


 ROLL CALL

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

 APPROVAL OF MINUTES

 25-0156 Approval of the minutes from the Finance Committee Meeting held on
 February 13, 2025.
 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

 24-0915 A Resolution authorizing the Director of Purchasing to enter into an
 agreement with Upland Design LTD of Plainfield, IL in an amount not to
 exceed $160,000 to design renovations to Garfield Park.
 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 February 27, 2025


 Ayes: 5


 25-0148 A Resolution Authorizing the Execution of a Modification to a
 Redevelopment Agreement between the City of Aurora and Community
 Housing Advocacy and Development (CHAD) to Modify Loan Terms for
 Project HOME-2010-01.
 A motion was made by Alderwoman Baid, seconded by Alderman Woerman,
 that this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 25-0149 A Resolution Authorizing the Execution of a Modification to a
 Redevelopment Agreement between the City of Aurora and Community
 Housing Advocacy and Development (CHAD) to modify loan terms for
 Project HOME-2011-01.
 A motion was made by Alderwoman Baid, seconded by Alderman Tolliver, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 25-0150 A Resolution Authorizing the Execution of a Modification to a
 Redevelopment Agreement Between the City of Aurora and Association
 for Individual Development (AID) to Modify Loan Terms for Project
 HOME-2012-01.
 A motion was made by Alderwoman Baid, seconded by Alderman Tolliver, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 25-0151 A Resolution Authorizing the Execution of a Modification to a
 Redevelopment Agreement Between the City of Aurora and Association
 for Individual Development (AID) to Modify Loan Terms for Project
 HOME-2013-02.
 A motion was made by Alderwoman Baid, seconded by Alderman Tolliver, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 25-0171 A Resolution approving a service agreement between the City and the
 County of Kendall for the provision of Demand-Response Transportation
 through 2027.
 A motion was made by Alderwoman Baid, seconded by Alderman Woerman,
 that this agenda item be recommended for approval. The motion carried.

 Ayes: 5




City of Aurora Page 2
Finance Committee Meeting Minutes - Final February 27, 2025



 25-0181 A Resolution authorizing approval of a Short-Term Loan Agreement
 between the City of Aurora and Delicia Bowling for the purpose of
 facilitating the opening of The Soul Spot, a soul food restaurant, in Unit
 E4 at the Fox Valley Mall located at 195 Fox Valley Center Dr, Aurora, IL
 60504
 A motion was made by Alderwoman Baid, seconded by Alderman Tolliver, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 25-0182 A Resolution authorizing approval of a Loan Agreement between the city
 of Aurora and Jamie Gilmore and a third amendment to the
 redevelopment agreement with Urban Equity Properties (UEP) for the
 purpose of facilitating the redevelopment of the vacant commercial space
 located at the ground level at 2 N . Broadway in downtown Aurora
 A motion was made by Vice Chair Bugg, seconded by Alderman Tolliver, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 25-0147 A Resolution A Resolution Authorizing the Execution of a Redevelopment
 Agreement between the City of Aurora and North Island Apartments LP to
 Provide a Loan in the Amount of $400,000 in Community Development
 Block Grant (CDBG) funds for a Roof Replacement of Affordable Senior
 Housing Development Building located at 2 N. Stolp Avenue .
 A motion was made by Vice Chair Bugg, seconded by Alderwoman Baid, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 CLOSED SESSION


 ADJOURNMENT

 A motion was made by Alderwoman Baid, seconded by Vice Chair Bugg, that
 this meeting be adjourned. The motion carried. Chairman Franco adjourned
 the meeting at 4:10pm.

 Ayes: 5




City of Aurora Page 3
Finance Committee Meeting Minutes - Final February 27, 2025



 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