COMMITTEE: Finance and Land Acquisition Committee

DATE: July 19, 2005

TIME: 6:30 p.m.

MEMBERS

PRESENT: Plese, Gilmour, Hoppe, Johnston, Mietzner, Orr

ABSENT: Hermes

NON-MEMBERS

PRESENT: Mayor Roy Strong, Accounting Supervisor Robin Theobald, Executive Secretary Puracchio, Reporter Smith, Monson, Reavis, City Attorney Eric Hanson, Nancy Duffy, Grace Elwell, Jim Brown

DISCUSSION: 2003 CDBG Pay Request

ACTION: Alderman Plese made a motion and Alderman Gilmour seconded to open the meeting at 6.31 p.m. All yes. Motion passed.

Broadway Construction is due their forth payment. Alderman Orr thought more of the balance should be held out due to the damage that was done to the private residential areas. Puracchio stated, in Nelis’ absence, that this amount was based off of the city engineer’s opinion on the cost to repair any damages done.

Alderman Gilmour made a motion and Alderman Plese seconded to Approve the Payment of $76,976.35 to Broadway Construction Services as Fourth Payment for the 2003 CDBG Grant-Kankakee River Drive Water Main Project. Orr no, all others yes. Motion passed.

DISCUSSION: Approval of Financial Reports

ACTION: Alderman Hoppe made a motion and Alderman Gilmour seconded to Approve the June Collector’s Report in the amount of $140,506.73 and the July Payables in the amount of $237,666.33. All yes. Motion passed.

DISCUSSION: Appropriation Budget

ACTION: Alderman Mietzner made a motion and Alderman Johnston seconded to Approve Ordinance #05-07-19-02, an Ordinance Appropriating for all Corporate purposes for the City of Wilmington, Will County, Illinois for the fiscal year beginning May 1, 2005 and ending April 30, 2006. All yes. Motion passed.

DISCUSSION: Wilmington Recreation Club’s Annexation Requirements

ACTION: Mayor Strong relayed that the meeting went well. See attached memo. Alderman Gilmour made a motion and Alderman Mietzner seconded to move forward with the annexation negotiations. All yes. Motion passed.

DISCUSSION: Broadway Construction

ACTION: Alderman Orr wanted to reiterate his concern on holding more money back from their final payment. After a brief discussion the Committee stated that due to sidewalk, lawn and buffalo box issues they will bring to the Council meeting a fourth payment totaling $70,000.

DISCUSSION: Adjourn

ACTION: Alderman Hoppe made a motion and Alderman Johnston seconded to adjourn at 6:50 p.m. All yes. Motion passed.