City of Palos Heights Finance Committee met July 13.
Here are the minutes provided by the committee:
CALL TO ORDER
Chairman McGrogan called the Finance Committee meeting to order at 6:30 p.m. In attendance were Aldermen Key, McGovern, and Bylut, Treasurer Jim Daemicke, Director of Accounting Jan Colvin, Resident Jack Trevillian, and Recording Secretary Lauren Koszola.
APPROVAL OF MINUTES
Alderman McGrogan made a motion to approve the minutes of the Finance Committee meeting held on June 8, 2021, seconded by Alderman McGovern. On a voice vote, the motion passed unanimously.
APPROVAL OF THOMAS BROWN BILLS
Alderman McGrogan presented the Thomas Brown bills in the amount of $2,740
Alderman McGrogan moved to accept the Thomas Brown bills in the amount of $2,740 seconded by Alderman McGovern. On a voice vote, the motion passed unanimously. -AGENDA
PROPOSED FIRST AMENDMENT TO VERIZON TOWER LEASE AGREEMENT LOCATION #380655 Director of Accounting Jan Colvin presented the Verizon tower lease proposing at $700 for the three additional antennas on the Misty Meadows Water Tower.
Alderman Bylut motioned to approve the Verizon tower lease proposing at $700 for the three additional antennas seconded by Alderman McGovern. On a voice vote, the motion passed unanimously.-AGENDA
T-MOBILE SITE #CH03XC732 EARLY TERMINATION
Director of Accounting Jan Colvin explained that T-Mobile and Sprint have merged and they are getting rid of some of their cell towers. This specific site is getting decommissioned at the end of July. The loss of revenue will be $25,000 a year. The agreement did not have an early termination clause. Alderman McGrogan suggested in the future to make sure that all agreements and leases have an early termination clause.
RESOLUTION TO AMEND HEALTH FLEXIBLE SPENDING ARRANGEMENT
Director of Accounting Jan Colvin presented the resolution to amend the Health Flexible Spending agreement.
Alderman McGovern motioned to approve the resolution to amend the Health Flexible Spending agreement seconded by Alderman Bylut. On a voice vote, the motion passed unanimously.-AGENDA
AMENDMENT #1 TO THE STANARD TERMS AND CONDITIONS WITH MUNICIPALS SYSTEMS Director of Accounting Jan Colvin presented the Amendment #1 to the Standard Terms and Conditions with the Municipals Systems
Alderman McGovern motioned to approve the Amendment #1 to the Standard Terms and Conditions with the Municipals Systems seconded by Alderman Bylut. On a voice vote, the motion passed unanimously.-AGENDA
GBC REPORT
Alderman McGrogan reviewed the report. There were no questions.
OLD BUSINESS
A. PROPOSED THIRD AMENDMENT TO VERIZON TOWER LEASE AGREEMENT
Director of Accounting Jan Colvin presented that Verizon has agreed to the $700 additional rent to the tower outside of the Building Department and it is currently under review by the structural engineer.
NEW BUSINESS-None.
PUBLIC COMMENT – None.
ADJOURNMENT
There being no further business, Alderman McGrogan made a motion to adjourn, seconded by Alderman McGovern. All in favor.
Meeting adjourned at 6:44 p.m.
https://palosheights.org/AgendaCenter/ViewFile/Minutes/_07132021-527
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