Rockford Sun

City of Rockford Finance & Personnel Committee met Nov. 4.

Here are the minutes provided by the committee:

I. CALL TO ORDER 

Attendee Name	Organization	Title	Status	Arrived
Kevin Frost	City of Rockford	Alderman	Present
Franklin C. Beach	City of Rockford	Alderman	Present
Jonathan Logemann	City of Rockford	Alderman	Absent
Chad Tuneberg	City of Rockford	Alderman	Late
Aprel Prunty	City of Rockford	Alderman	Present

Other Attendees:

Mayor McNamara

Council Members; G. Torina, J. Wilkins, K. Hoffman, B. Rose, I. Barrios, J. Bailey, M. Bonne.

Staff; T. Cagnoni, C. Hagerty, T. Hinkens, S. Leys, Police Chief C. Redd, Fire Chief M. Pankow, N. Meyer, S. Hunter, A. Parham, T. Hughes, C. Bailey, E. Tyson, N. Carter. Interested Parties and Media

Invocation 

The Invocation was led by Alderman Beach

II. COMMITTEE REPORTS 

1. Proposed sale of city-owned property located at 605 North Main Street (Armory Building) (PIN: 11-23-179-015) to Rockford Area Arts Council for their bid in the amount of $1,000.00.

Prunty questioned the language regarding insurance and maintenance in the bid. T. Cagnoni explained that there was one bid submitted by the Rockford Area Arts Council, which included several conditions, including the issue Alderwoman Prunty referenced. The City and the Rockford Area Arts Council plan to work together on insurance for the property, which is currently uninsured against damage or destruction. Since ownership is being transferred to the Rockford Area Arts Council, the City intends to assist them in securing insurance, and they are currently obtaining quotes.

Prunty asked if an approximation of the cost could be provided when available. T. Cagnoni confirmed that it would be.

Tuneberg noted that this is part of a Brownfields development and asked if that factor is included in the expenses, and whether the buyers are aware of this. T. Cagnoni confirmed that it is indeed a Brownfields site that requires remediation. The Rockford Area Arts Council, in partnership with private sector developers

Urban Equity Properties and Gorman and Company, plans to apply for a USEPA grant, which is due later this month. The grant would help cover costs for environmental remediation as well as some redevelopment expenses.

Tuneberg expressed support, noting that the site is located in the third ward and highlighting the investment made by a nearby bank and the proximity to the museum campus, which attracts many out-of-town visitors. Tuneberg emphasized that the property is currently an eyesore and thanked those involved for their efforts to revitalize it.

Barrios asked about the planned use for the building. T. Cagnoni stated that the final plan has not been fully determined yet but is anticipated to include a mix of residential units and a cultural center.

RESULT: APPROVED BY COMMITTEE [UNANIMOUS] Next: 11/12/2024 5:30 PM  MOVER: Franklin C. Beach, Alderman SECONDER: Aprel Prunty, Alderman AYES: Kevin Frost, Franklin C. Beach, Chad Tuneberg, Aprel Prunty ABSENT: Jonathan Logemann

III. ADJOURNMENT 

The meeting was closed at 5:42 PM

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