City of Joliet Finance Committee met Dec. 19

Larry E Hug - City Council Member - District 1 | City of Joliet

By Philip Gonzales

Jan 25, 2024

City of Joliet Finance Committee met Dec. 19.

Here are the minutes provided by the committee:

ROLL CALL:

Present: Councilman Pat Mudron and Councilwoman Jan Hallums Quillman

Absent: Councilman Larry E. Hug

ALSO PRESENT: Kevin Sing - Director of Finance and Armando De Avila - Risk Management

APPROVAL OF MINUTES:

A motion was made by Councilwoman Jan Hallums Quillman, seconded by Councilman Pat Mudron, to approve the Minutes for November 21, 2023.

The motion carried by the following vote:

Aye: Councilman Mudron and Councilwoman Hallums Quillman

Absent: Councilman Hug

CITIZENS TO BE HEARD ON AGENDA ITEMS:

None.

AGENDA ITEMS:

Authorization to Fund Predevelopment Loan Draw 7 to Riverwalk Homes LLC in the amount of $341,502.30

Kevin Sing - Director of Finance, gave an overview of TMP-6759, regarding the Authorization to Fund Predevelopment Loan Draw 7 to Riverwalk Homes, LLC. in the amount of $341,502.30. A brief discussion was held.

A motion was made by Councilwoman Jan Hallums Quillman, seconded by Councilman Pat Mudron, to approve the Authorization to Fund Predevelopment Loan Draw 7 to Riverwalk Homes LLC in the amount of $341,502.30.

The motion carried by the following vote:

Aye: Councilman Mudron and Councilwoman Hallums Quillman

Absent: Councilman Hug

AN ORDINANCE OF THE CITY OF JOLIET, ILLINOIS, PROVIDING FOR THE REDEMPTION OF A PORTION OF THE CITY’S GENERAL OBLIGATION BONDS, SERIES 2020B AND THE ABATEMENT OF A PORTION OF THE TAXES LEVIED FOR THE PAYMENT THEREOF

Mr. Sing, gave an overview of TMP-6762 regarding the Ordinance of the City of Joliet Providing for the Redemption of a Portion of the City's General Obligation Bonds, Series 2020B and the Abatement of a Portion of the Taxes Levied for Payment. A brief discussion was held.

A motion was made by Councilwoman Jan Hallums Quillman, seconded by Councilman Pat Mudron, to approve the Ordinance of the City of Joliet, Illinois, Providing for the Redemption of a Portion of the City's General Obligation Bonds, Series 2020B and the Abatement of a Portion of the Taxes Levied for the Payment thereof.

The motion carried by the following vote:

Aye: Councilman Mudron and Councilwoman Hallums Quillman

Absent: Councilman Hug

Renewal of Group Health, Dental, Vision and Life Insurance Programs

Armando De Avila -Risk Management, presented TMP-6823, on the Renewal of Group Health, Dental, Vision and Life Insurance Programs for the City of Joliet. A brief discussion was held.

A motion was made by Councilwoman Jan Hallums Quillman, seconded by Councilman Pat Mudron, to approve the Renewal of Group Health, Dental, Vision and Life Insurance Programs.

The motion carried by the following vote:

Aye: Councilman Mudron and Councilwoman Hallums Quillman

Absent: Councilman Hug

REPORTS:

Mr. Sing, gave a brief overview of TMP -6753 for the Monthly Financial Report. A brief discussion was held.

A motion was made by Councilwoman Jan Hallums Quillman, seconded by Councilman Pat Mudron, to approve the Monthly Financial Report.

The motion carried by the following vote:

Aye: Councilman Mudron and Councilwoman Hallums Quillman

Absent: Councilman Hug

Mr. Sing, gave a brief overview of TMP -6754 for the Travel Expense Report. No further discussion held.

A motion was made by Councilwoman Jan Hallums Quillman, seconded by Councilman Pat Mudron, to approve the Travel Expense Report.

The motion carried by the following vote:

Aye: Councilman Mudron and Councilwoman Hallums Quillman

Absent: Councilman Hug

Mr. De Avila, presented TMP-6755 regarding the December Personnel

Summary Report for the positions currently open within the City of Joliet and the Local 440 Union. A brief discussion was held with concerns for the positions currently open with the 911 Center not being filled.

A motion was made by Councilwoman Jan Hallums Quillman, seconded by Councilman Pat Mudron, to approve the Personnel Summary Report.

The motion carried by the following vote:

Aye: Councilman Mudron and Councilwoman Hallums Quillman

Absent: Councilman Hug

NEW OR OLD BUSINESS, NOT FOR FINAL ACTION OR RECOMMENDATION:

None.

PUBLIC COMMENTS:

None.

ADJOURNMENT:

A motion was made by Councilwoman Jan Hallums Quillman, seconded by Councilman Pat Mudron to adjourn.

The motion carried by the following vote:

Aye: Councilman Mudron and Councilwoman Hallums Quillman Absent: Councilman Hug