Will County Gazette

City of Joliet Finance Committee met Feb. 15.

Here are the minutes provided by the committee:

ROLL CALL

ALSO PRESENT: Director of Finance James Ghedotte, Director of Public Utilities Allison Swisher, Benefits/Risk Management Administrator Armando DeAvila and Speer Financial, Inc. Senior Vice President Anthony Miceli

Present Pat Mudron, Sherri Reardon and Cesar Guerrero

APPROVAL OF MINUTES

A motion was made by Cesar Guerrero, seconded by Sherri Reardon, to approve the minutes of the January 18, 2022 Finance Committee Meeting. The motion carried by the following vote:

Aye: Mudron, Reardon and Guerrero

CITIZENS TO BE HEARD ON AGENDA ITEMS

None.

This section is for anyone wanting to speak regarding agenda items and are allowed a maximum of 4 minutes. It is not a question and answer period and staff, and the Committee members do not generally respond to public comments. The City Clerk has a copy of the public speaking procedures; please note, speakers who engage in conduct injurious to the harmony of the meeting shall be called to order by the Presiding Officer and may forfeit the opportunity to speak.

DISCUSSION OF FUTURE BORROWING FOR THE ALTERNATIVE WATER SOURCE PROGRAM

Director of Finance James Ghedotte introduced Speer Financial, Inc., Senior Vice President Anthony Miceli. Mr. Miceli presented the Future Borrowing for the Alternative Water Source Program. Mr. Ghedotte explained further. Discussion held. Later, Director of Public Utilities Allison Swisher addressed the Committee. Discussion held.

MONTHLY FINANCIAL REPORT

Mr. Ghedotte reviewed the Monthly Financial Report. No discussion held. TMP-3300

PERSONNEL SUMMARY

Benefits/Risk Management Administrator Armando De Avila reviewed the Personnel Summary. No discussion held.

TRAVEL EXPENSE REPORT

Mr. Ghedotte briefly reviewed the Travel Expense Report. No discussion held.

INVOICES PAID REPORT

Mr. Ghedotte briefly reviewed the Invoices Paid Report. No discussion held. TMP-3303

NEW OR OLD BUSINESS, NOT FOR FINAL ACTION OR RECOMMENDATION

Mr. Ghedotte addressed the Committee regarding Evergreen Terrace/Riverwalk Homes.

PUBLIC COMMENT

None.

This section is for anyone wanting to speak regarding non-agenda items and are allowed a maximum of 4 minutes. It is not a question and answer period and staff, and the Committee members do not generally respond to public comments. The City Clerk has a copy of the public speaking procedures; please note, speakers who engage in conduct injurious to the harmony of the meeting shall be called to order by the Presiding Officer and may forfeit the opportunity to speak.

CLOSED SESSION - If required; to discuss personnel, collective bargaining, land acquisition or conveyance and pending or threatened litigation after which the meeting will be adjourned.

ADJOURNMENT

A motion was made by Cesar Guerrero, seconded by Sherri Reardon, to adjourn. The motion carried by the following vote:

Aye: Mudron, Reardon and Guerrero

https://joliet.legistar.com/View.ashx?M=M&ID=923534&GUID=1B02C780-00B3-470D-85E2-5487ECEAFF91