Finance Committee — Aurora, IL
Date: 2018-10-09

City Hall 5th Floor Conference
 City of Aurora Room 5B
 44 East Downer Place
 Aurora, IL
 Finance Committee

 Agenda - Final-revised Alderman Bob O'Connor,
 Chairman
 Tuesday Alderman Edward J. Bugg
 Alderman Ted Mesiacos
 October 09, 2018 Alderman Rick Mervine, Alternate

 3:00 PM



CALL TO ORDER:

 APPROVAL OF MINUTES

18-0884 Approval of the 9/25/2018 finance committee meeting minutes.

 PUBLIC COMMENT

 AGENDA

18-0911 An Ordinance of the City of Aurora, Kane, DuPage, Kendall and Will Counties,
 Illinois, providing for the issuance of Tax Increment Revenue Refunding Bonds,
 Series 2018B (River City TIF Number 3) in an aggregate principal amount of
 $__________, for the purpose of refunding certain bonds heretofore issued by the
 City and now outstanding, and authorizing the sale of said bonds to the purchasers
 thereof.


18-0912 An Ordinance of the City of Aurora, Kane, DuPage, Kendall and Will Counties,
 Illinois, providing for the issuance of Tax Increment Revenue Refunding Bonds,
 Series 2018B (River City TIF Number 3) in an aggregate principal amount of
 $__________, for the purpose of refunding certain bonds heretofore issued by the
 City and now outstanding, and authorizing the sale of said bonds to the purchasers
 thereof.


18-0919 In compliance with the TIF Act, this agenda item shall serve as the City’s
 announcement of its intent to establish Tax Increment Finance (TIF) District #9.

18-0543 A Resolution authorizing the purchase of (4) Unmanned Aircraft Systems,
 commonly referred to as drones, and the necessary equipment to operate them. .

18-0646 A Resolution Authorizing the Execution of an Intergovernmental Agreement
 between the City of Aurora and the Village of Sugar Grove .

18-0853 An Ordinance Authorizing the Execution of a Lease of Real Estate Agreement
 between the City of Aurora and ALB Properties, Inc. for Lease of Real Estate at
 the Aurora Municipal Airport .
City of Aurora Page 1 Printed on 10/5/2018
Finance Committee Agenda - Final-revised October 9, 2018


18-0897 A Resolution to approve Mansfield Oil Company for the diesel fuel tanker loads
 and Petroleum Traders for the gasoline tanker loads for the Central Garage
 Fueling Station.

18-0900 A Resolution authorizing the Mayor's Office of Economic Development to apply for
 a $400,000 grant from the Illinois Department of Natural Resources for
 improvements at Wilder Promenade. .

 HELD

18-0680 A resolution to enter into a Project Development Agreement with Ameresco, Inc.,
 111 Speen Street, Suite 410, Framingham, MA, 01710 for the development and
 construction of one or more Solar Photovoltaic Generation Facilities.

ADJOURNMENT:

 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 ]




City of Aurora Page 2 Printed on 10/5/2018

City Hall 5th Floor
 City of Aurora Conference Room 5B
 44 East Downer Place
 Aurora, IL


 Finance Committee
 Meeting Minutes
 Tuesday
 October 09, 2018
 3:00 PM
 Alderman Bob O'Connor, Chairman
 Alderman Edward J. Bugg
 Alderman Ted Mesiacos
 Alderman Rick Mervine, Alternate


 CALL TO ORDER:

 Chairman O'Connor called the meeting to order at 3:08 PM.


 ROLL CALL

 Present: 3 - Chairperson Bob O'Connor, Alderman Edward Bugg and Alderman Ted
 Mesiacos

 OTHERS PRESENT

 Steve Lord, Raphialita McKenzie, Kevin McCanna,

 City of Aurora: Jolene Coulter, Purchasing; Sgt. Wolcott. APD; Trevor Dick,
 Development Strategy & Facilitation; John Russell, Community Services, Vince
 Smith, MIS; Joe Hopp, Equipment Services; Marissa Spencer, Legal; Steve
 Andras, Airport; Ed Sieben, Planning & Zoning; John Curley, Development
 Services; Martin Lyons, Finance; Ken Schroth, Public Works; Alex Alexandrou,
 Mayor's Office; Alderman Donnell, Ward 4; Dave Dibo, Economic Development;
 Connie Krug, Aldermen's Office

 APPROVAL OF MINUTES

 18-0884 Approval of the 9/25/2018 finance committee meeting minutes.

 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be accepted and filed. The motion carried.

 Ayes: 3


 PUBLIC COMMENT


 AGENDA

 18-0911 An Ordinance of the City of Aurora, Kane, DuPage, Kendall and Will

City of Aurora Page 1
Finance Committee Meeting Minutes October 9, 2018

 Counties, Illinois, providing for the issuance of Tax Increment Revenue
 Refunding Bonds, Series 2018A (River City TIF Number 6) in an
 aggregate principal amount of $__________, for the purpose of
 refunding certain bonds heretofore issued by the City and now
 outstanding, and authorizing the sale of said bonds to the purchasers
 thereof.


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

 Ayes: 3


 18-0912 An Ordinance of the City of Aurora, Kane, DuPage, Kendall and Will
 Counties, Illinois, providing for the issuance of Tax Increment Revenue
 Refunding Bonds, Series 2018B (River City TIF Number 3) in an
 aggregate principal amount of $__________, for the purpose of
 refunding certain bonds heretofore issued by the City and now
 outstanding, and authorizing the sale of said bonds to the purchasers
 thereof.


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

 Ayes: 3


 18-0919 In compliance with the TIF Act, this agenda item shall serve as the City’s
 announcement of its intent to establish Tax Increment Finance (TIF)
 District #9.
 This Recommendation was discussed


 18-0543 A Resolution authorizing the purchase of (4) Unmanned Aircraft Systems,
 commonly referred to as drones, and the necessary equipment to
 operate them..
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 18-0646 A Resolution Authorizing the Execution of an Intergovernmental
 Agreement between the City of Aurora and the Village of Sugar Grove .
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 18-0853 An Ordinance Authorizing the Execution of a Lease of Real Estate
 Agreement between the City of Aurora and ALB Properties, Inc. for
 Lease of Real Estate at the Aurora Municipal Airport .
City of Aurora Page 2
Finance Committee Meeting Minutes October 9, 2018


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

 Ayes: 3


 18-0897 A Resolution to approve Mansfield Oil Company for the diesel fuel tanker
 loads and Petroleum Traders for the gasoline tanker loads for the Central
 Garage Fueling Station.
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 18-0900 A Resolution authorizing the Mayor's Office of Economic Development to
 apply for a $400,000 grant from the Illinois Department of Natural
 Resources for improvements at Wilder Promenade. .
 Alderman Bugg excused himself from the meeting at 4:08 PM.

 A motion was made by Alderman Mesiacos, seconded by Chairperson
 O'Connor, that this agenda item be recommended for approval. The motion
 carried.

 Ayes: 2


 HELD

 18-0680 A resolution to enter into a Project Development Agreement with
 Ameresco, Inc., 111 Speen Street, Suite 410, Framingham, MA, 01710
 for the development and construction of one or more Solar Photovoltaic
 Generation Facilities.
 This Resolution was held


 ADJOURNMENT:

 A motion was made by Alderman Mesiacos, seconded by Chairperson
 O'Connor, that the meeting be adjourned. Chairman O'Connor adjourned the
 meeting at 4:14 PM. The motion carried

 Ayes: 2

 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 ]




City of Aurora Page 3