Finance Committee — Aurora, IL
Date: 2026-05-14

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

 Agenda - Final Chairperson Ted Mesiacos
 Vice Chair Carl Franco
 Thursday Alderman Dan Barreiro
 Alderman-at-Large Keith Larson
 May 14, 2026 Alderman Edward J. Bugg

 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

26-0299 Approval of the minutes from the Finance Committee Meeting held on April 30,
 2026.

 PUBLIC COMMENT

 AGENDA

26-0300 A Resolution authorizing the execution of a Joint Funding Agreement with the State
 of Illinois, the execution of a Phase 2 Design Engineering Agreement with HR
 Green, Inc. in the not to exceed amount of $283,729.00, and the appropriation of
 $283,729.00 of MFT Funds for the Montgomery Road Multi-Use Path
 Extension-Middlebury Drive to IL Route 59 Project .

26-0313 A Resolution authorizing the expenditure of special service area tax funds in a total
 aggregate amount not to exceed $300,000 to the Aurora Downtown District
 (ADD), as the successor organization for Aurora Downtown, for the provision of
 special services within Special Service Area One .

26-0134 A Resolution accepting the installation of a ground-mounted solar array at Church
 Road Elevated Tank at 2680 Church Road in Ward 1 and execution of a Power
 Purchase Agreement with 548 Energy .
 Information Only

 CLOSED SESSION

 ADJOURNMENT



City of Aurora Page 1 Printed on 5/12/2026
Finance Committee Agenda - Final May 14, 2026


 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 5/12/2026

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


 Finance Committee
 Meeting Minutes - Final
 Thursday
 May 14, 2026
 3:00 PM
 Chairperson Ted Mesiacos
 Vice Chair Carl Franco
 Alderman Dan Barreiro
 Alderman-at-Large Keith Larson
 Alderman Edward J. Bugg


 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

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


 ROLL CALL

 Present: 4 - Vice Chair Carl Franco, Alderman Dan Barreiro, Alderman-At-Large Keith
 Larson and Alderman Edward Bugg
 Absent: 1 - Chairperson Ted Mesiacos


 APPROVAL OF MINUTES

 26-0299 Approval of the minutes from the Finance Committee Meeting held on
 April 30, 2026.
 A motion was made by Alderman Barreiro, seconded by Alderman Bugg, that
 this agenda item be accepted and filed. The motion carried.

 Ayes: 4


 PUBLIC COMMENT


 AGENDA




City of Aurora Page 1
Finance Committee Meeting Minutes - Final May 14, 2026



 26-0300 A Resolution authorizing the execution of a Joint Funding Agreement with
 the State of Illinois, the execution of a Phase 2 Design Engineering
 Agreement with HR Green, Inc. in the not to exceed amount of
 $283,729.00, and the appropriation of $283,729.00 of MFT Funds for the
 Montgomery Road Multi-Use Path Extension-Middlebury Drive to IL
 Route 59 Project.
 A motion was made by Alderman Barreiro, seconded by Alderman-At-Large
 Larson, that this agenda item be recommended for approval. The motion
 carried.

 Ayes: 4


 26-0313 A Resolution authorizing the expenditure of special service area tax funds
 in a total aggregate amount not to exceed $300,000 to the Aurora
 Downtown District (ADD), as the successor organization for Aurora
 Downtown, for the provision of special services within Special Service
 Area One.
 A motion was made by Alderman Barreiro, seconded by Alderman Bugg, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 4


 26-0134 A Resolution accepting the installation of a ground-mounted solar array
 at Church Road Elevated Tank at 2680 Church Road in Ward 1 and
 execution of a Power Purchase Agreement with 548 Energy .
 This Resolution was discussed


 26-0324 An Ordinance amending the Ward 3 budget for fiscal year 2026. This
 item was walked on and discussed.

 CLOSED SESSION


 ADJOURNMENT

 A motion was made by Alderman Barreiro, seconded by Alderman Bugg, that
 this meeting be adjourned. The motion carried. Vice Chair Franco adjourned
 the meeting at 3:39pm.

 Ayes: 4




City of Aurora Page 2
Finance Committee Meeting Minutes - Final May 14, 2026



 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 3