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Wednesday, May 14, 2025

City of Rockford Finance & Personnel Committee Met November 2

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City of Rockford Finance & Personnel Committee: met Nov. 2.

Here is the minutes provided by the committee:

I. CALL TO ORDER

Attendee Name

Organization

Title

Status

Arrived

Kevin Frost

City of Rockford

Alderman

Present

Venita Hervey

City of Rockford

Alderman

Present

Jonathan Logemann

City of Rockford

Alderman

Present

Karen Hoffman

City of Rockford

Alderman

Present

Ginger Hanley

City of Rockford

Alderman

Present

Other Attendees:

The meeting was held via teleconference.

Mayor McNamara

Council members: T. Durkee, C. Tuneberg, N. Ervins, A. Thompson-Kelly, B. Rose, F. Beach, T. Quinonez, L. McNeely, J. Chiarelli

Staff: T. Cagnoni, C. Hagerty, K. Saunders, K. Franzen, Police Chief D. O'Shea, Fire Chief D. Bergsten, N. Meyer, S. Hunter, A. Parham, G. Trommels, W. Wuori, M. Johnson

Invocation

The Invocation was led by Alderman Beach.

II. RESOLUTIONS

A. 2020-205-R - Award of Bid: Central Garage Main Drain Replacement/Repair to Dale's Plumbing Inc., of Pecatonica, Illinois in the amount of $41,797.10. The funding source is the Property Fund Operating Budget.

RESULT: APPROVED BY COMMITTEE [UNANIMOUS] Next: 11/2/2020 5:35 PM

MOVER: Venita Hervey, Alderman

SECONDER: Kevin Frost, Alderman

AYES: Frost, Hervey, Logemann, Hoffman, Hanley

III. COMMITTEE REPORTS

A. 2020-276-CR - Approval of the 2020 Tax Levy for Street and Bridge Purposes from.06% of the value as equalized or assessed by the Department of Revenue of all taxable property in the City of Rockford to.10% of the value, as equalized or assessed by the Department of Revenue of all taxable property in the City of Rockford.

RESULT: APPROVED BY COMMITTEE [UNANIMOUS] Next: 11/2/2020 5:35 PM

MOVER: Venita Hervey, Alderman

SECONDER: Jonathan Logemann, Alderman

AYES: Frost, Hervey, Logemann, Hoffman, Hanley

B. 2020-277-CR - Approval of the 2020 Property Tax Abatements. For 2020, the debt service levy is $12,170,578.00 and will be abated in its entirety.

RESULT: APPROVED BY COMMITTEE [UNANIMOUS] Next: 11/2/2020 5:35 PM

MOVER: Venita Hervey, Alderman

SECONDER: Jonathan Logemann, Alderman

AYES: Frost, Hervey, Logemann, Hoffman, Hanley

C. 2020-278-CR - An ordinance authorizing the City of Rockford, Winnebago and Ogle Counties, Illinois, to consent to certain modifications to the City's Multifamily Housing Revenue Bond, Series 2004 (Terrace Apartments Project) and execute certain Agreements, Certificates, Amendments and instruments required in connection therewith.

RESULT: APPROVED BY COMMITTEE [UNANIMOUS] Next: 11/2/2020 5:35 PM

MOVER: Venita Hervey, Alderman

SECONDER: Jonathan Logemann, Alderman

AYES: Frost, Hervey, Logemann, Hoffman, Hanley

IV. ADJOURNMENT

The meeting was closed at 5:39 PM

http://rockfordcityil.iqm2.com/Citizens/FileOpen.aspx?Type=12&ID=1914&Inline=True

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