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FINANCE COMMITTEE 2012/01/17 Minutes I. Call to Order and Roll Call Chairman Pandaleon called the meeting to order at 6:35 p.m. Present: Chairman Pandaleon, Aldermen Novit, Morsch, Schoenheider and Adelman. Absent: Mayor Cowhey, Aldermen Waldeck, Moore and Palmer. Quorum present. There were five people present in the audience. Staff present: Kathleen Reinertsen. Finance Director; Carina Walters, Assistant City Manager; Diane Hall, Assistant Finance Director; Michael Thomas, Director Public Works; Ramesh Kanapareddy, City Surveyor and Engineer; Dan Martin, Superintendent of Public Works and Victor Filippini, City Attorney. II. Consideration of Minutes from the Finance Committee Meeting Held on November, 21 2011 Alderman Novit made a motion to approve the minutes from the Finance Committee meeting held on November 21, 2011. The motion was seconded by Alderman Schoenheider. The motion carried unanimously by voice vote. III. Generator Report Mr. Dan Martin, Superintendent of Public Works stated that the Public Works Committee discussed the Generator Study at their December 19, 2011 meeting. Mr. Martin stated the Public Works Committee recommended that the option to purchase a generator for the Recreation Center for $85,000. The Committee also recommended including a portable generator as a priority 2 or 3 to the Capital Improvement Plan to be reassessed each year. Mr. Martin explained that the Municipal Services building was not included in the plan at this time, as the current generator is capable of maintaining 30% of the functions and that the area has a more reliable power source. IV. Five Year Information Technology Plan Mr. Tom Jacobsen from Client First reviewed the process that the City and Client First has used over the last twelve months in reviewing the infrastructure and software programs that are currently in use. Mr. Jacobsen explained the process used in the development of the plan and the key projects proposed in the Five Year IT Capital Plan. V. Other Business Mr. Ramesh Kanapareddy, City Engineer and Surveyor stated that the Lake-Woodbine Bridge is scheduled to be replaced. Mr. Kanapareddy stated that the current rating of the bridge qualifies for Federal BRP funds. Mr. Kanapareddy stated that approval from IDOT was received to proceed with selecting the firm for the Phase I Engineering Services. Mr. Kanapareddy stated that the firm of H.W. Lochner, Inc. has been selected and that a contract not to exceed $156,000 has been negotiated. Mr. Kanapareddy stated that plans will be brought to the Historic Preservation Committee for review. Ms. Carina Walters, Assistant City Manager stated that Lake Forest Bank and Trust has provided 30 day notice for the space at the Telegraph train station. Ms. Walters stated that a provision included in the lease provides the assignment of the lease to another lessee providing approval by the City. Ms. Walters stated that Northern Trust Bank would assume the lease for the remainder of the year. Ms. Walters stated that a long term lease would be negotiated during this time period. Ms. Walters stated that any design or sign changes would be submitted to the Community Development department for approval. The City of Lake Forest FINANCE COMMITTEE Proceedings of the January 17, 2012 Meeting 6:30 p.m. – City Hall Council Chambers Finance Committee Meeting Minutes – January 17, 2012 Mr. Victor Filippini, City Attorney stated that state law has changed regarding political signs. Mr. Filippini stated that the City Ordinance requires changes to conform to the new regulations. Mr. Filippini reviewed the language changes to the ordinance and explained that the changes would not change how or when political signs may be displayed in Lake Forest. VI. Opportunity for the Public to Address the Finance Committee: None VII. Adjournment There being no further business, Alderman Novit moved, seconded by Alderman Morsch to adjourn the meeting at 7:25 p.m. The motion carried unanimously by voice vote. Respectfully submitted, Diane Hall Assistant Finance Director