Lake County Gazette

City of North Chicago Finance/Audit Committee met Feb. 19

Here are the minutes provided by the committee:

Alderman Allen called the meeting to order.

ROLL CALL:

Present: Jackson, Coleman, Evans, Allen, Smith, Murphy

Absent: January

I. DISCUSSION OF FINANCE/AUDIT DEPARTMENT MONTHLY REPORT:

There was no discussion.

II. DISCUSSION OF TREASURER’S REPORT:

There was no discussion.

III. DISCUSSION OF LOI (LETTER OF INTENT) – IGSA (INTERGOVERNMENTAL SUPPORT AGREEMENT) WITH THE NAVY:

Taylor Wegrzyn, Economic & Community Development Director explained the Letter of Intent for an Intergovernmental Source Agreement with the Navy. He was approached by the Navy (2) months prior. It was non-binding; the IGSA would reduce costs in exchange for an administration fee that would positively impact on the city revenue.

IV. DISCUSSION OF MEMORANDUM ATTORNEY COST IN THE LAST (18) MONTHS INCLUSIVE OF CREATING THEM AND REVISION:

Greg Jackson, Chief of Staff explained had gathered information and named the (5) different law firms for the City of North Chicago. There was currently $500,000 budgeted for attorney fees.

The City was attempting to minimize expenditure. Review between fiscal year was a better understanding of expenditures.

Alderman Coleman appreciated the conscious effort of the council members. Alderman January questioned clarification with the reimbursements listed. Attorney Simon explained they were from developers that did not utilize all the funds. Chief of Staff Jackson added the money that was placed in escrow was reimbursed to the City.

Attorney Simon explained civil rights cases were reduced in the last 4-6 years. Alderman Coleman inquired if the discussion referred to all attorneys in the City. Chief of Staff Jackson stated it included all attorneys excluding the attorney for Board commissioners which is a separate line item.

He would review it further.

V. DISCUSSION OF ANNUAL ATTORNEY FEES:

There was no discussion.

Alderman January moved, seconded by Alderman Smith that Finance/Audit Committee Meeting stand adjourned.

ROLL CALL:

Ayes: Jackson, Coleman, Evans, Allen, Smith, Murphy, January

Nays: None

Absent: None

The meeting adjourned at 8:59 p.m.

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