COMMITTEE:            Finance and Land Acquisition Committee

 

DATE:                        April 19, 2005

 

TIME:                        6:30 p.m.

 

MEMBERS

PRESENT:                 Hermes, Gilmour, Brown, Melhorn (arrived at 6:45), Strong,                         

 

ABSENT:                   Kasalko, Cox and Plese  

 

NON-MEMBERS

PRESENT:                 Mayor Tony McGann, Accounting Supervisor Robin Theobald, City Administrator Rob Nelis, Executive Secretary Puracchio, Reporter Reavis & Monson, Jim Johnston, City Attorney Eric Hanson

 

DISCUSSION:            2003 CDBG Pay Request

 

ACTION:                   Alderman Hermes made a motion and Alderman Brown seconded to open discussions at 6:36 pm. All yes. Motion passed.

 

(See attached). First payment needs to be approved on the Kankakee River Drive Project.  Work is progressing well.

 

DISCUSSION:        Rotary Downtown Light Project

 

ACTION:                   (See attached). The Committee directed Nelis to make this a next year’s budget item.

 

DISCUSSION:            Will County Tax Rate Calculations

 

ACTION:                   Nelis stated that the City has hit its tax cap and got every dime available.

 

DISCUSSION:            Update-Budget 2005 & Appropriations 2004

 

ACTION:                   Budget should be available mid-May, Appropriation Ordinance to be approved mid-May as well.

 

DISCUSSION:            Adjourn

 

ACTION:                   Alderman Hermes made a motion and Alderman Gilmour seconded to Adjourn at 6:51 p.m. All yes. Motion passed.