Finance Committee — Aurora, IL
Date: 2022-06-30

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

 Agenda - Final Chairperson Carl Franco
 Vice Chair Sherman Jenkins
 Thursday Alderwoman Shweta Baid
 Alderman Edward J. Bugg
 June 30, 2022 Alderwoman Scheketa Hart-Burns

 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

22-0499 Approval of the minutes of the Finance Committee meeting held on June 16, 2022.

 PUBLIC COMMENT

 AGENDA

22-0498 An Ordinance Deleting Certain Property from the Redevelopment Project Area for
 the City of Aurora Downtown Tax Increment Financing District No.1.

22-0500 An Ordinance Deleting Certain Property from the Redevelopment Project Area for
 the City of Aurora Downtown Tax Increment Financing District No.6.

22-0518 An Ordinance Amending The Annual Budget For The Fiscal Year Beginning
 January 1, 2022 and Ending December 31, 2022 (Amendment #1 For The 2022
 Fiscal Year).

22-0472 A Resolution requesting authorization to remodel the City's Public Safety
 Answering Point (PSAP) and Backup Communications Center (BCC) utilizing
 several firms in an amount not to exceed $1,300,531.50 with a 3% contingency,
 for a total award of $1,339,547.45.

22-0511 A Resolution Awarding the Illinois Avenue at Randall Road and Elmwood Drive
 Traffic Signal Modernization project (MFT section no. 21-00345-00-TL)
 construction to the low bidder, H & H Electric Company of Franklin Park, IL, for the
 amount of $627,604.56 and the appropriation of Motor Fuel Tax (MFT) funds).




City of Aurora Page 1 Printed on 6/30/2022
Finance Committee Agenda - Final June 30, 2022


22-0517 A Resolution authorizing the renewal of the Line of Credit (LOC) in the amount of
 $15 million with Fifth-Third Bank for a one-year term expiring on July 22, 2023.

 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.org. Every effort will be made to allow
 for meeting participation.




City of Aurora Page 2 Printed on 6/30/2022

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


 Finance Committee
 Meeting Minutes - Final
 Thursday
 June 30, 2022
 3:00 PM
 Chairperson Carl Franco
 Vice Chair Sherman Jenkins
 Alderwoman Shweta Baid
 Alderman Edward J. Bugg
 Alderwoman Scheketa Hart-Burns


 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 Carl Franco called the meeting to order at 3:02 p.m.


 ROLL CALL

 Present: 5 - Chairperson Carl Franco, Vice Chair Sherman Jenkins, Alderwoman Shweta
 Baid, Alderman Edward Bugg and Alderwoman Scheketa Hart-Burns

 APPROVAL OF MINUTES

 22-0499 Approval of the minutes of the Finance Committee meeting held on June
 16, 2022.
 A motion was made by Vice Chair Jenkins, seconded by Alderwoman
 Hart-Burns, that the minutes be accepted and filed. The motion carried.

 Ayes: 5


 PUBLIC COMMENT

 None


 AGENDA




City of Aurora Page 1
Finance Committee Meeting Minutes - Final June 30, 2022



 22-0498 An Ordinance Deleting Certain Property from the Redevelopment Project
 Area for the City of Aurora Downtown Tax Increment Financing District
 No.1.
 Presented by Trevor Dick, Economic Development.

 A motion was made by Vice Chair Jenkins, seconded by Alderman Bugg, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 5


 22-0500 An Ordinance Deleting Certain Property from the Redevelopment Project
 Area for the City of Aurora Downtown Tax Increment Financing District
 No.6.
 Presented by Trevor Dick, Economic Development.

 A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair
 Jenkins, that this agenda item be recommended for approval. The motion
 carried.

 Ayes: 5


 22-0518 An Ordinance Amending The Annual Budget For The Fiscal Year
 Beginning January 1, 2022 and Ending December 31, 2022
 (Amendment #1 For The 2022 Fiscal Year).
 Presented by Stacey Peterson, Director, Financial Operations; Ken Schroth, Public
 Works; Alex Alexandrou, Mayor's Office; Chris Ragona, Community Development; Tim
 Weidner, Engineering, Trevor Dick, Economic Development.

 A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair
 Jenkins, that this agenda item be recommended for approval. The motion
 carried.

 Ayes: 5


 22-0472 A Resolution requesting authorization to remodel the City's Public Safety
 Answering Point (PSAP) and Backup Communications Center (BCC)
 utilizing several firms in an amount not to exceed $1,300,531.50 with a
 3% contingency, for a total award of $1,339,547.45 .
 Presented by Paris Lewbel, APD Media and Jacqueline Hobday, Director, 911 Center.

 A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair
 Jenkins, that this agenda item be recommended for approval. The motion
 carried.

 Ayes: 5




City of Aurora Page 2
Finance Committee Meeting Minutes - Final June 30, 2022



 22-0511 A Resolution Awarding the Illinois Avenue at Randall Road and Elmwood
 Drive Traffic Signal Modernization project (MFT section no.
 21-00345-00-TL) construction to the low bidder, H & H Electric Company
 of Franklin Park, IL, for the amount of $627,604.56 and the appropriation
 of Motor Fuel Tax (MFT) funds).
 Presented by Roopa Anjanappa, Engineering.

 A motion was made by Alderwoman Hart-Burns, seconded by Vice Chair
 Jenkins, that this agenda item be recommended for approval. The motion
 carried.

 Ayes: 5


 22-0517 A Resolution authorizing the renewal of the Line of Credit (LOC) in the
 amount of $15 million with Fifth-Third Bank for a one-year term expiring
 on July 22, 2023.
 Presented by Stacey Peterson, Director, Financial Operations.

 A motion was made by Vice Chair Jenkins, 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 Hart-Burns, seconded by Vice Chair
 Jenkins, that this meeting be adjourned. The motion carried. Chairperson Carl
 Franco adjourned the meeting at 3:59 p.m.

 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 3
Finance Committee Meeting Minutes - Final June 30, 2022


 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.org. Every
 effort will be made to allow for meeting participation.




City of Aurora Page 4