Will County Gazette

City of Joliet Finance Committee met May 20.

Here are the minutes provided by the committee:

ROLL CALL:

Present Councilman Pat Mudron and Councilman Larry E. Hug Absent Councilwoman Sherri Reardon

ALSO PRESENT: Kevin Sing - Director of Finance, Armando DeAvila - Risk Management, Kathy Franson - Director of Human Resource, Gina LoGalbo - Assistant Corporation Counsel, Todd Lenzie - Interim Corporation Counsel, Allison Swisher - Director of Public Utilities and Anthony Miceli - Speer Financial Inc.

APPROVAL OF MINUTES:

A motion was made by Councilman Larry E. Hug, seconded by Councilman Pat Mudron, to approve the Minutes for April 15, 2025.

The motion carried by the following vote:

Aye: Councilman Mudron and Councilman Hug

Absent: Councilwoman Reardon

CITIZENS TO BE HEARD ON AGENDA ITEMS:

None.

AGENDA ITEMS:

Award of Contract for Insurance Brokerage Services for General Liability, Workers Compensation and Property and Casualty Coverage to Alliant Insurance Services in the Amount of $40,500.00.

Armando De Avila - Risk Management, presented TMP-8579 regarding the Award of Contract for Insurance Brokerage Services for General Liability, Workers Compensation and Property and Casualty Coverage to Alliant Insurance Services in the Amount of $40,500.00. A brief discussion was held.

Ordinance Approving One or More Supplemental Indentures and Authorizing the Issuance of Not To Exceed $145,000,000 Waterworks and Sewerage Senior Lien Revenue Bonds of the City of Joliet, Illinois

Attachments: Joliet Ordinance for 2025 Revenue Bonds.docx

Kevin Sing - Director of Finance, introduced Anthony Miceli of Speer Financial, Inc. to present TMP-8587 regarding the Ordinance Approving One or More Supplemental Indentures and Authorizing the Issuance of Not To Exceed $145,000,000 Waterworks and Sewerage Senior Lien Revenue Bonds of the City of Joliet, Illinois. A brief discussion was held.

A motion was made by Councilman Larry E. Hug, seconded by Councilman Pat Mudron, to recommend both agenda items, TMP-8579 and TMP-8587 to be sent to full council for approval.

The motion carried by the following vote:

Aye: Councilman Mudron and Councilman Hug

Absent: Councilwoman Reardon

REPORTS:

Mr. Sing gave a brief overview on TMP-8549 for the Monthly Financial Report that includes the Invoice Exceptions and the Quarterly Report for the Joliet Area Historical Museum (JAHM). No discussion was held.

Mr. Sing gave a brief overview of TMP-8550 for the Travel Expense Report. No discussion was held.

Mr. De Avila, gave a brief overview on TMP-8551 regarding the Position Summary Report for employment positions currently open within the City of Joliet and the Local 440 Union. No further discussion was held.

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

None.

PUBLIC COMMENTS:

None.

ADJOURNMENT:

A motion was made by Councilman Larry E. Hug, seconded by Councilman Pat Mudron, to adjourn.

The motion carried by the following vote:

https://joliet.legistar1.com/joliet/meetings/2025/5/2403_M_Finance_Committee_25-05-20_Meeting_Minutes.pdf