Kane County Reporter

Kane County Reporter

Monday, October 21, 2019

City of Aurora Finance Committee met September 12

By Michael Abella | Oct 2, 2019


City of Aurora Finance Committee met Sept. 12.

Here is the minutes provided by the committee:

CALL TO ORDER:

Chairperson Bob O'Connor called the meeting to order at 3:02 p.m.

Present: 5 - Chairperson Bob O'Connor, Vice Chair Edward Bugg, Alderman Carl Franco, Alderman Scheketa Hart-Burns and Alderman Emmanuel Llamas

OTHERS PRESENT

William Burns; Bob Rychlicki, Kane McKenna & Associates Inc.; Don Hughes; Ashley Sarver; Jay Ponukollu, JH Real Estate Partners, LLC; Harish Ananthapadmanabhan, JH Real Estate Partners, LLC; Steve Lord, Beacon News

City of Aurora: Kathy Leonard, Economic Development; David Dibo, Economic Development; Alex Minnella, Economic Development; John Curley, Development Services; Martin Lyons, Finance Dept.; Charlie Koch, MVPS Administration; Marissa Spencer, Law Dept.; Alex Alexandrou, Mayor's Office; Alex Voigt, City Clerk & Mayor's Office; Ken Schroth, Public Works; Kurt Muth, Engineering; Trevor Dick, Economic Development; Moraima Martinez, Economic Development; Jolene Coulter, Purchasing; Jessica Price, Purchasing; Ian Wade, Engineering; Shelly Windett, Administrative Aide

APPROVAL OF MINUTES

19-0768

Approval of the minutes of the Finance Committee meeting held on August 29, 2019.

A motion was made by Alderman Franco, seconded by Alderman Hart-Burns, that the minutes be accepted and filed. The motion carried.

Ayes: 5

PUBLIC COMMENT

None

AGENDA

19-0820

An Ordinance authorizing the execution of a contract for the sale of approximately 25.135 aces of real property located south of Mettel Rd. and east of Aurora Ave in the City of Aurora to the Illinois State Toll Highway Authority in the amount of six million, twenty thousand dollars ($6,020,000.00) and authorizing the City's officers and employees to complete the contemplated transaction.

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

Ayes: 5

19-0785

An Ordinance Amending the Municipal Code of the City of Aurora by the Addition of Chapter 44 Imposing a Municipal Adult Recreational Cannabis Retailer's Occupation Tax.

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

Ayes: 5

19-0824

An Ordinance Amending the Business District Retailers’ Occupation Tax Rate, the Business District Service Occupation Tax Rate and the Hotel Operators' Occupation Tax Rate Imposed in Ordinance 19-058 Within the Boundaries of the Aurora Business District No. 1 (Pacifica Square Business District).

A motion was made by Alderman Hart-Burns, seconded by Alderman Franco, that this agenda item be recommended for approval. The motion carried.

Ayes: 5

19-0767

A Resolution authorizing the Director of Purchasing to execute a Change Order to the existing contract with LJ Morse Construction Company, 128 S. Broadway, Aurora, IL 60505 in the amount of $49,123.41 for additional services required to renovate the 2nd Floor Bridge within the Development Services Center located at 77 S. Broadway.

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

Ayes: 5

19-0779

A Resolution Approving Consulting Agreements with Kane McKenna and Associates to conduct Tax Increment Financing Eligibility studies for the Avalon Heights and Fox Valley Mall Areas at a not to exceed cost of $82,000.

A motion was made by Alderman Hart-Burns, seconded by Alderman Franco, that this agenda item be recommended for approval. The motion carried.

Ayes: 5

19-0781

A Resolution Establishing Amusement Fees Charged by the City of

Aurora.

A motion was made by Alderman Hart-Burns, seconded by Alderman Franco, that this agenda item be recommended for approval. The motion carried. Ayes: 5

19-0823

A Resolution Authorizing a Redevelopment Agreement (RDA) between the City of Aurora and JH Real Estate Partners, LLC (JH) for the redevelopment of the 2-4 North River Street, commonly known as the Hobbs Building and 6-12 North River Street.

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

Ayes: 5

19-0630

A Presentation on Purchasing procedures and concepts for the City of Aurora.

This Presentation/Proclamation/Recognition/Awards was held.

ADJOURNMENT:

A motion was made by Alderman Hart-Burns, seconded by Vice Chair Bugg, that this meeting be adjourned. The motion carried. Chairperson Bob O'Connor adjourned the meeting at 4:40 p.m.

Ayes: 5

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