Jo-Carroll Depot Local Redevelopment Authority

Finance & Personnel Committee

9:00 a.m., June 15, 2010

3651 Crim Drive, Suite 1

Savanna Depot Business, Industry & Technology Park

Savanna, IL

 

 

 

            I:  CALL TO ORDER: Mr. Wright called the meeting to order at 9:00 a.m. on Tuesday, June 15, 2010.

 

            II: ROLL CALL was answered as follows: Present- Don Crawford, Bill Wright, Paul Hartman and Bill Sparboe. Present: 4. Absent: Ed Olds.  Absent: 1. Other board members and staff present: Bill McFadden, Ron Smith, Diane Komiskey, Mara Roche and Jan Davis. Guests: Tom Kamper (RVPR) and Aimee Malon (RVPR).

 

            III: APPROVAL OF MINUTES OF JUNE 2, 2010

            A motion to approve the Finance/Personnel Committee minutes from June 2, 2010 was made by Don Crawford, seconded by Paul Hartman. The motion carried by voice vote.

 

            IV: OLD BUSINESS  

A.  Tenants out of compliance with lease requirements, if any – Speer Enterprises still has not complied with the requirement in the LIFC permitting no use beyond 100 ft. of the buildings.

B.  Special reports and/or updates requested by committee – Banks pledged funds letter and a letter from Attorney Phil Jensen about collection on a judgment were reviewed.

 

V:  CLOSED SESSION

A motion to enter into closed session at 9:05 a.m. as permitted for the following under:  5 ILCS 120/2 ( c ) (21) for:  Discussion of minutes of meetings lawfully closed under this act, whether for the purposes of approval by the body of the minutes or semi-annual review of the minutes as mandated by Section 2.06 of the Illinois Open Meetings Act was made by Don Crawford, seconded by Bill Sparboe.  The motion carried by roll call vote as follows: Paul Hartman, Don Crawford, Bill Sparboe and Bill Wright.  Ayes: 4, Nays: 0

 

All guests were excused. Board members Don Crawford, Bill McFadden and staff were present.

 

A motion to return to open session at 9:09 a.m. was made by Paul Hartman, seconded by Don Crawford. The motion carried by roll call vote as follows: Paul Hartman, Don Crawford, Bill Sparboe and Bill Wright. Ayes: 4, Nays: 0.

 

Guests returned to open session at 9:09 a.m.

 

            VI: NEW BUSINESS

            A.   Recommendation on closed session minutes - A motion to recommend to the full board to approve opening the closed session minutes of the April 7, 2010 Board Meeting, the April 7, 2010 Finance/Personnel Meeting, and the March 3, 2010 Board meeting was made by Don Crawford, seconded by Paul Hartman.  The motion carried by voice vote.

            B.  Outstanding invoices, if any – All outstanding invoices were reviewed. An update was requested at the next board meeting.

C.  Funds on hand – As of June 14, 2010 the grand total of LRA money was $1,803,416.57.

D. CD Transfers, if any – Update provided; no action required.

            E.  Bills over $2,500, if any – None.

            F.  Review of museum reimbursement plan – A motion to recommend to the full board to continue the agreement with SADMM for another year--until July 1, 2011--was made by Don Crawford and seconded by Bill Sparboe.  The motion carried by roll call vote as follows:  Paul Hartman, Don Crawford, Bill Sparboe and Bill Wright.  Ayes: 4, Nays: 0.

 

Mr. Wright commented that all were glad to have Bill Sparboe back.

 

            VII: PUBLIC COMMENT – None

 

            VIII: ADJOURNMENT

A motion to adjourn was made by Bill Sparboe, seconded by Don Crawford at 9:26 a.m. The motion carried by voice vote.

 

 

 

ญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญญ_____________________________

Jan Davis, LRA Secretary