kendall county board agenda adjourned september meeting

Kendall County
Committee of the Whole Meeting
Minutes
January 14, 2010
Call to Order at 4:00PM
Present: Anne Vickery, Jessie Hafenrichter, Elizabeth Flowers, Bob Davidson, Suzanne Petrella, Jeff
Wehrli, John Purcell, John Shaw and Nancy Martin.
Absent: Pam Parr
Also present were: Jim Smiley, Eric Weis, Jeff Wilkins, Fran Klaas, Jerry Dudgeon, Cheryl Johnson
& Matt Schury
Presentation of FY09 Audit — Tawnya Mack began with the review of the Statement of Assets.
Total assets at the end of the year were down $900,000. Total fund balance was down about $1 .8M.
Total revenue is up about $53.9M this year. Revenue from this year is funding current year
expenditures. Tawnya stated the monies being spent from the Public Safety Fund are being spent
properly. There was a separate two-page findings sheet given to all Committee members. A policy
will be adopted to stop salary advances; and a segregation of duties in one department needs to be
adopted. Tawnya recommends budgeting for Grants Fund. The amounts in/out of this fund change
every year. The audits will be in electronic format and placed on the county website next week.
Designate Economic Recovery Zone Andy Hamilton, Executive Director of UIRVDA — Jeff
Wilkins made the introduction and explained UIRVDA is an 8-county regional development authority.
All other counties surrounding us except DuPage & Will Counties are a part of UIRVDA. Mr.
Hamilton reported UIRVDA has issued approximately $1 70M in bonding creating 1800 jobs.
UIRVDA was created by an act of the Illinois Legislature in July 1990 to assist business development
and expansion by providing creative low-interest rate financing. Businesses can generally save 1.00%
to 3.OO0o on their cost of borrowing. The resolution asks that UERVDA be a facilitator in the process
of lending. The resolution requires a recovery zone designation of the entire county and UIRVDA as
the agent. It asks the county to recognize UIRVDA as a facilitator in the process. The county and
UIRVDA are not at risk for a default. Bonds are only issued if the borrower has a bank that provides a
letter of credit to back the bond.
Committee Items Fran Klaas reported for the Highway Committee concerning the subject of new
buildings. He distributed a packet containing a site plan and proposed two structures to be built in the
summer of 2010: equipment storage and salt storage buildings. News received this afternoon has
altered the plan. The floor plan for the equipment storage building is accurate. The elevation will be
slightly differently. The difference is due to the need to meet fire code. Also it is possible the
Highway Department won’t get to the first contract for the WIKADUKE project (Ridge Road
connection between ‘Wheeler and Rt. 126). There are land acquisition difficulties.
Executive Session An Executive Session was held for the purpose of: the purchase or lease ofreal
propertyfor the use ofthe public body, including meetings heldfor the purpose ofdiscussing whether
a particular parcel should be acquired; and the setting ofa pricefor sale or lease ofproperty owned
by the public body. Ms. Flowers moved to go into Executive Session at 4:20 pm with a second from
Ms. Hafenrichter. A roll call vote was taken with 8 ayes.
kecob—is—Ol M13r’vanS N’linutes,COW’C.ow Minutes 01—14—I 0.doc