Jo-Carroll Depot Local Redevelopment Authority
Finance
& Personnel Committee
9:00 a.m.,
July 14, 2009
Savanna Depot Business, Industry &
Savanna, IL
CALL TO ORDER: Chairman Ed Olds called the meeting to order at 9:00 A.M. on Tuesday, July 14, 2009.
ROLL CALL was answered as follows: Present- Bill Wright, Don Crawford, Bill Sparboe and Ed Olds. Present: 4. Other board members and staff present: Ron Smith, Bill McFadden, Diane Komiskey, Mara Sutton and Dawn Hall.
3: APPROVAL OF COMMITTEE MINUTES
A motion to approve the Finance/Personnel
Committee regular and executive session minutes from June 17, 2009 was made by Bill
Wright, seconded by Don Crawford. The motion carried by voice vote.
4: EXECUTIVE SESSION.
A motion to enter
closed session at 9:03 a.m. as permitted for the following under:
5 ILCS 120/2 ( c ) (1) the appointment, employment, compensation,
discipline, performance or dismissal of specific employees of the public body
or legal counsel for the public body, including hearing testimony on a
complaint lodged against an employee of the public body or against legal
counsel for the public body to determine its validity was made by Don Crawford, seconded by Bill
Sparboe. The motion carried by roll call vote as follows: Bill Wright, Don
Crawford, Bill Sparboe, Ed Olds. Ayes: 4, Nays: 0.
A motion to exit closed session at 9:12 a.m. was made by Bill Wright, seconded by Don Crawford. The motion carried by roll call vote as follows: Bill Wright, Don Crawford, Bill Sparboe, Ed Olds. Ayes: 4, Nays: 0.
5: OLD BUSINESS
A. Cost-cutting measures – Nothing new.
B. Revenue-generating measures – Nothing new.
6: NEW BUSINESS
A. Bills over $2500 – None
B. Outstanding Invoices –The committee reviewed a report of past due invoices
with additional late charges that were sent to the same tenant as last month.
Per the committee’s directive of June 17, the executive director had contacted
the tenant by letter and phone, asking that he meet to make arrangements to pay
the outstanding invoice. The tenant called the executive director and said he
would be mailing or personally delivering a check. The executive director asked
that it be received by July 14. On July 13, the tenant called the property
manager and asked if $600 was paid right away, would the LRA waive the late
fess. The committee discussed special circumstances affecting the tenant’s
ability to pay.
A motion to recommend to the
full board to accept $683 from the tenant and waive the late fees as a one time
option provided the payment is received within the next two weeks was made by
Bill Wright, Bill Sparboe seconded. The motion carried by voice vote.
C. Bank account balances – Bookkeeper presented bank account balance sheet for review. As of 7/13/09 the grand total of LRA money is $1,859,406.44
D. CDs transferred since last meeting – No new CD transfers. The next group of CDs will mature in August 2009.
E. Recommendation Out of Closed Session– None
F. Request for funds-JDS 4-Lane 20 Association- The committee discussed the importance of supporting the measure and providing assistance for lobbying efforts.
A motion to recommend to the full board to
support the JDS 4-Lane 20 Association with a $500 donation was made by Bill
Wright, seconded by Bill Sparboe. The motion carried by roll call vote as follows: Bill Wright, Don
Crawford, Bill Sparboe, Ed Olds. Ayes: 4. Nays: 0.
7: OTHER BUSINESS – None
8: PUBLIC COMMENT – None.
9:
ADJOURNMENT
A
motion to adjourn was made by Bill Sparboe, seconded by Bill Wright at 9:30 a.m.
The motion carried by voice vote.
_____________________________
Dawn Hall,
LRA Secretary