DATE: October
19, 2004
TIME: 6:49
p.m.
MEMBERS
PRESENT: Hermes,
Kasalko, Cox, Gilmour, Brown, Strong
ABSENT: Plese,
Melhorn
NON-MEMBERS
PRESENT: Mayor
McGann, City Clerk Jim Johnston, City Attorney Gary Davidson, Executive
Secretary Puracchio, and Reporter Monson
DISCUSSION: Approval of Finance Reports
ACTION: Alderman Hermes made a motion and Alderman Strong seconded to open discussions at 6:49 pm. All yes. Motion passed.
Alderman Hermes made a motion and Alderman Brown seconded to Approve the September Fund Analysis, the September Investment Report in the Amount of $3,896,974.02, September Interest $4,674.65, September Collector’s Report in the Amount of $174,906.30 and the October Payables in the Amount of $25,803.11 for the Manuals and $137,326.48 for the Systems, for a Total of $163,129.59. All yes. Motion passed.
DISCUSSION: Requests
for Funds
ACTION: The Committee stated that it has been a past policy not to give donations. The Committee approved the semi-annual payment of $1,500. for Will County CED.
ACTION: Alderman Hermes made a motion and Alderman Gilmour seconded to Adjourn at 6:53 p.m. All yes. Motion passed.