Finance Committee — Aurora, IL
Date: 2019-02-12

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
 February 12, 2019 Alderman Rick Mervine, Alternate

 3:00 PM



CALL TO ORDER:

 ROLL CALL

 OTHERS PRESENT

 APPROVAL OF MINUTES

19-0058 Approval of the minutes from the Finance Committee meeting on January 22,
 2019.

19-0068 Approval of the minutes of the Special Finance Committee meeting held on
 February 5, 2019.

 PUBLIC COMMENT

 AGENDA

19-0081 An Ordinance Reserving 2019 Volume Cap in connection with Private Activity
 Bond Issues, and Related Matters .
19-0093 An Ordinance Deleting Certain Property from the Redevelopment Project Area for
 the City of Aurora Downtown Tax Increment Financing District No. 1 .

19-0055 A Resolution authorizing the 2019 Ward Neighborhood Cleanup Program for
 Wards 1, 3, 5, 7, 9 and 10 and Shred Events in the 1st, 4th, 5th, 6th, 8th, 9th and
 10th Wards in the City of Aurora .
19-0061 A Resolution to approve the attachment of City of Aurora fiber to two ComEd poles
 at Cross Street and River Street to allow OnLight Aurora to extend fiber optic
 cable plant to the River Street Plaza commercial properties along South River
 Street south of Benton Street. There will be a yearly charge of $28.94 per pole
 ($57.88). Attachment base fee will increase 3% per year.

19-0065 A Resolution Authorizing the Ward 5 Residential and Nonprofit Grant Program .




City of Aurora Page 1 Printed on 2/9/2019
Finance Committee Agenda - Final-revised February 12, 2019


19-0066 A Resolution Ratification for payment for the remainder of 2018 to Deena Traina,
 for consulting services provided to the Animal Care and Control Division, not to
 exceed $26,500.
19-0067 A Resolution Authorizing Ward 10 Residential Grant Program

19-0071 A Resolution to purchase a used 2008 Vermeer TG7000 tub grinder from
 Vermeer-Illinois Inc. for $500,000.00.

19-0076 A Resolution authorizing the Director of Purchasing to accept unit price proposals
 from Alvarez, Inc., Arborworks LLC and Homer Tree Care, Inc. for Tree Trimming,
 Tree Removal, and Stump Grinding not to exceed $100,000 per year for years
 2019 through 2022

19-0095 Requesting a discussion for an upcoming grant submittal to the State of Illinois to
 improve accessibility for disabled patrons at RiverEdge Park.
19-0097 Requesting a discussion regarding key findings from the newly completed draft
 Analysis of the Residential Market Potential for Downtown Aurora .

19-0104 A Resolution Authorizing a Request to Execute a Redevelopment Agreement with
 Aurora Town Center Associates, LLC, a Wholly Owned Subsidiary of Cedarwood
 Development (Cedarwood) for the Purpose of Facilitating the Development of the
 Approximately 30 Acre Site, Located at the Intersection of 75th and Ogden
 Avenue.

19-0106 A Resolution Requesting Authorization to Execute a Redevelopment Agreement
 (RDA) with UEP Aurora LLC, a Wholly Owned Subsidiary of Urban Equity
 Properties (Urban) for the Purpose of the Redevelopment of the "Terminal
 Building" at 2 N. Broadway.

19-0108 A Resolution Requesting Authorization to Execute a Redevelopment Agreement
 (RDA) with UEP Aurora, LLC, a Wholly Owned Subsidiary of Urban Equity
 Properties (Urban), for the purpose of facilitating the Redevelopment of the
 "Keystone Building" at 30 S. Stolp.

19-0109 A Resolution Requesting Authorization to Execute a Real Estate Purchase and
 Development Agreement with Mora Asian Fusion for the Purpose of Facilitating
 the Sale and Redevelopment of the Vargas Building at 43 E. Galena.

ADJOURNMENT:




City of Aurora Page 2 Printed on 2/9/2019
Finance Committee Agenda - Final-revised February 12, 2019


 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 ]




City of Aurora Page 3 Printed on 2/9/2019

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


 Finance Committee
 Meeting Minutes - Final
 Tuesday
 February 12, 2019
 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 3:11 p.m.


 ROLL CALL

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

 OTHERS PRESENT

 Steve Lord, Beacon News; Brian W. Dahl, Fox Valley Building & Construction
 Trades Council; Laura Hester, Cedarwood Development; Rob Moreno, LIUNA
 Local 582; Jim Schweizer; Martin Dwyer, LIUNA 582; Joel Pyle, IBEW 461; Brian
 Hooker, Carpenter's Local #174; Jason Morales, Mora; Abbey Tiu, Mora; Jeffrey
 Orduno, Urban Equity Properties; Justin Fern, Urban Equity Properties; Donald
 Longwell, Urban Equity Properties; Caleb Wilson, Urban Equity Properties;
 William Burns

 City of Aurora:
 Jolene Coulter, Purchasing; Tim Forbes, Streets Department; Derrick Winston,
 Equipment Services; Sandy Strueber, Aldermen's Office; Ken Schroth, Public
 Works; Alex Minnella, Planning and Zoning; Kathy Leonard, Economic
 Development; Mike Pegues, IT; Rick Veenstra, Law Department; David Dibo,
 Economic Development; Marty Lyons, Finance; Alderman Bill Donnell, Ward 4;
 John Curley, Development Services; Mike Baker, IT; Alderman Rick Mervine,
 Ward 8; Alex Alexandrou, Mayor's Office; Ed Sieben, Planning and Zoning;
 Trevor Dick, Economic Development; John Russell, Public Information;
 Alderman Scheketa Hart-Burns, Ward 7; Marissa Spencer, Law Department;
 Shelly Windett, Aldermen's Office; Mayor Richard C. Irvin

 APPROVAL OF MINUTES




City of Aurora Page 1
Finance Committee Meeting Minutes - Final February 12, 2019



 19-0058 Approval of the minutes from the Finance Committee meeting on January
 22, 2019.
 A motion was made by Alderman Bugg, seconded by Chairperson O'Connor,
 that the minutes be accepted and filed. The motion carried.

 Ayes: 2

 Abstain: 1


 19-0068 Approval of the minutes of the Special Finance Committee meeting held
 on February 5, 2019 .
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 the minutes be accepted and filed. The motion carried.

 Ayes: 3


 PUBLIC COMMENT

 Brian Dahl, President, Fox Valley Building and Construction Trades Council


 AGENDA

 19-0055 A Resolution authorizing the 2019 Ward Neighborhood Cleanup Program
 for Wards 1, 3, 5, 7, 9 and 10 and Shred Events in the 1st, 4th, 5th, 6th,
 8th, 9th and 10th Wards in the City of Aurora .
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 19-0065 A Resolution Authorizing the Ward 5 Residential and Nonprofit Grant
 Program.
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 19-0067 A Resolution Authorizing Ward 10 Residential Grant Program

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

 Ayes: 3


 19-0081 An Ordinance Reserving 2019 Volume Cap in connection with Private
 Activity Bond Issues, and Related Matters .
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

City of Aurora Page 2
Finance Committee Meeting Minutes - Final February 12, 2019


 Ayes: 3


 19-0093 An Ordinance Deleting Certain Property from the Redevelopment Project
 Area for the City of Aurora Downtown Tax Increment Financing District
 No. 1.
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 19-0061 A Resolution to approve the attachment of City of Aurora fiber to two
 ComEd poles at Cross Street and River Street to allow OnLight Aurora to
 extend fiber optic cable plant to the River Street Plaza commercial
 properties along South River Street south of Benton Street. There will be
 a yearly charge of $28.94 per pole ($57.88). Attachment base fee will
 increase 3% per year.
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 19-0066 A Resolution Ratification for payment for the remainder of 2018 to Deena
 Traina, for consulting services provided to the Animal Care and Control
 Division, not to exceed $26,500 .
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 19-0071 A Resolution to purchase a used 2008 Vermeer TG7000 tub grinder from
 Vermeer-Illinois Inc. for $500,000.00.
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 19-0076 A Resolution authorizing the Director of Purchasing to accept unit price
 proposals from Alvarez, Inc., Arborworks LLC and Homer Tree Care, Inc.
 for Tree Trimming, Tree Removal, and Stump Grinding not to exceed
 $100,000 per year for years 2019 through 2022
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3




City of Aurora Page 3
Finance Committee Meeting Minutes - Final February 12, 2019



 19-0095 Requesting a discussion for an upcoming grant submittal to the State of
 Illinois to improve accessibility for disabled patrons at RiverEdge Park.
 This Reports/Studies was recommended for approval (information only).


 19-0097 Presentation on downtown housing study.

 This Information/Discussion Only was forwarded as information only.


 19-0104 A Resolution Authorizing a Request to Execute a Redevelopment
 Agreement with Aurora Town Center Associates, LLC, a Wholly Owned
 Subsidiary of Cedarwood Development (Cedarwood) for the Purpose of
 Facilitating the Development of the Approximately 30 Acre Site, Located
 at the Intersection of 75th and Ogden Avenue.
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 19-0106 A Resolution Requesting Authorization to Execute a Redevelopment
 Agreement (RDA) with UEP Aurora LLC, a Wholly Owned Subsidiary of
 Urban Equity Properties (Urban) for the Purpose of the Redevelopment of
 the "Terminal Building" at 2 N. Broadway.
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 19-0108 A Resolution Requesting Authorization to Execute a Redevelopment
 Agreement (RDA) with UEP Aurora, LLC, a Wholly Owned Subsidiary of
 Urban Equity Properties (Urban), for the purpose of facilitating the
 Redevelopment of the "Keystone Building" at 30 S. Stolp.
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3


 19-0109 A Resolution Requesting Authorization to Execute a Real Estate
 Purchase and Development Agreement with Mora Asian Fusion for the
 Purpose of Facilitating the Sale and Redevelopment of the Vargas
 Building at 43 E. Galena.
 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this agenda item be recommended for approval. The motion carried.

 Ayes: 3




City of Aurora Page 4
Finance Committee Meeting Minutes - Final February 12, 2019



 ADJOURNMENT:

 A motion was made by Alderman Bugg, seconded by Alderman Mesiacos, that
 this meeting be adjourned. The motion carried. Chairman O'Connor adjourned
 the meeting at 5:36 p.m.

 Ayes: 3


 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 ]




City of Aurora Page 5