Kane County Reporter

City of Aurora Finance Committee met Feb. 27

Here is the agenda provided by the committee:

Chairperson Carl Franco

Vice Chair Edward J. Bugg

Alderwoman Shweta Baid

Alderman Ron Woerman

Alderman Brandon Tolliver

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

25-0156 Approval of the minutes from the Finance Committee Meeting held on February 13, 2025.

PUBLIC COMMENT

AGENDA

24-0915 A Resolution authorizing the Director of Purchasing to enter into an agreement with Upland Design LTD of Plainfield, IL in an amount not to exceed $160,000 to design renovations to Garfield Park.

25-0147 A Resolution A Resolution Authorizing the Execution of a Redevelopment Agreement between the City of Aurora and North Island Apartments LP to Provide a Loan in the Amount of $400,000 in Community Development Block Grant (CDBG) funds for a Roof Replacement of Affordable Senior Housing Development Building located at 2 N. Stolp Avenue.

25-0148 A Resolution Authorizing the Execution of a Modification to a Redevelopment Agreement between the City of Aurora and Community Housing Advocacy and Development (CHAD) to Modify Loan Terms for Project HOME-2010-01.

25-0149 A Resolution Authorizing the Execution of a Modification to a Redevelopment Agreement between the City of Aurora and Community Housing Advocacy and Development (CHAD) to modify loan terms for Project HOME-2011-01.

25-0150 A Resolution Authorizing the Execution of a Modification to a Redevelopment Agreement Between the City of Aurora and Association for Individual Development (AID) to Modify Loan Terms for Project HOME-2012-01.

25-0151 A Resolution Authorizing the Execution of a Modification to a Redevelopment Agreement Between the City of Aurora and Association for Individual Development (AID) to Modify Loan Terms for Project HOME-2013-02.

25-0171 A Resolution approving a service agreement between the City and the County of Kendall for the provision of Demand-Response Transportation through 2027.

25-0181 A Resolution authorizing approval of a Short-Term Loan Agreement between the City of Aurora and Delicia Bowling for the purpose of facilitating the opening of The Soul Spot, a soul food restaurant, in Unit E4 at the Fox Valley Mall located at 195 Fox Valley Center Dr, Aurora, IL 60504.

25-0182 A Resolution authorizing approval of a Loan Agreement between the city of Aurora and Jamie Gilmore and a third amendment to the redevelopment agreement with Urban Equity Properties (UEP) for the purpose of facilitating the redevelopment of the vacant commercial space located at the ground level at 2 North Broadway in downtown Aurora.

CLOSED SESSION

ADJOURNMENT

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