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McHenry Times

Friday, May 3, 2024

City of McHenry City Council Met October 5

Meeting 07

City of McHenry City Council met Oct. 5.

Here is the agenda provided by the council:

1. Call to Order.

2. Roll Call.

3. Pledge of Allegiance.

4. Public Comments:

If you wish to submit any public comment, please email: dmorefield@cityofmchenry.org in advance of the meeting. The City will read such public comments during the public commentary portion of the meeting and the comments will be entered into the official record of the meeting. Any comments received during the meeting will be provided in writing to the Council after the meeting.

5. Consent Agenda: Motion to Approve the Following Consent Agenda Items:

A. Adoption of revised Purchasing Policies and Procedures dated October 5, 2020;

B. September 8, 2020 City Council Amended Meeting Minutes;

C. September 21, 2020, City Council Meeting Minutes;

D. Issuance of Checks in the amount of $172,540.84.

6. Individual Action Item Agenda

A. Motion to approve or deny a Video Gaming License to Don’s Subs located at 323 Front Street.

B. Motion to adopt a Parameters Ordinance providing for the issuance not to exceed $29 Million Taxable General Obligation Bonds (series 2020B) for the purpose of funding all or a portion of the unfunded liability of the City’s Police Pension Fund; a Budget Stabilization Fund for such unfunded liability; the levy and collection of a direct annual tax for the payment of and interest on the bonds; and, the sale of the bonds to Robert W. Baird & Co. Incorporated.

C. Contingent upon the approval of Agenda Item 6B, the adoption of a Resolution Approving a Pension Obligation Bond Policy.

D. Motion to approve a Parameters Ordinance providing for the issuance of not to exceed $3,300,000 General Obligation Refunding Bonds, Series 2020A, for the purpose of refunding certain outstanding general obligation bonds of the City; providing for the levy and collection of a direct annual tax sufficient to pay the principal of and interest on said bonds; authorizing and directing the execution of an escrow agreement in connection with the issuance of the bonds; and, authorizing the sale of the bonds to Robert W. Baird & Co Incorporated.

7. Discussion Items.

A. Pre-Submittal input regarding the redevelopment of 3510 W. Elm Street

8. Staff Reports.

9. Mayor’s Report.

A. Input regarding returning to in-person meetings beginning October 19, 2020.

10. City Council Comments.

11. Executive Session if Needed.

12. Adjourn.

https://cityofmchenry.org/vertical/Sites/%7B32BA702A-197A-429A-BC8D-0F4D5E307CAD%7D/uploads/10-5-20_Council_Packet.pdf

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