Grundy County IL

Public Building Commission

Minutes ● November 18, 2020

              Special              Admin Building Board Room              9:30 AM

                            1320 Union Street, Morris, IL 60450

The public may attend in person or enter comment for the Public Comment portion of the meeting by emailing publiccomment@grundyco.org by 2 hours prior to the start of any meeting. As always live streaming is available via the internet by going to https://www.grundyco.org and clicking on minutes and agenda towards the bottom of the page.

 

I.              Call to Order

Attendee Name

Title

Status

Arrived

Dick Joyce

 

Present

 

Eric Rasmusson

Vice Chairman

Absent

 

Chris Balkema

Chairman

Present

 

Mark Hill

 

Present

 

Donna Matteson

 

Present

 

Sandy Pommier

County Board Admin. Asst.

Present

 

George Gray

County Board Administrator

Present

 

Matt Melvin

Finance Analyst

Remote

 

 

II.              Public Portion

None

III.              Approval of Minutes

1.              Public Building Commission - Regular - Aug 12, 2020 9:30 AM

RESULT:              APPROVED [UNANIMOUS]

MOVER:              Dick Joyce

SECONDER:              Mark Hill

AYES:              Joyce, Balkema, Hill, Matteson

ABSENT:              Rasmusson

IV.              Claims

A.              Assured Partners of Missouri, LLC-$315.00-Rasmusson PO Bond

1.              Motion to approve the claim as submitted.

RESULT:              APPROVED [UNANIMOUS]

MOVER:              Donna Matteson

SECONDER:              Mark Hill

AYES:              Joyce, Balkema, Hill, Matteson

ABSENT:              Rasmusson

V.              Vezzetti Capital Management Presentation

Mike Vezzetti, Vezzetti Capital Management, presented the Recap of GCPBC General Fund, also the Recap and Debt Schedules for Series 2015 and Series 2016. 

Series 2015 will be paid off in December of 2026; Series 2016 in December of 2027.

VI.              FY20 Financial Reporting - Matt Melvin

1.              FY20 Financial Reporting

RESULT:              APPROVED [UNANIMOUS]

MOVER:              Dick Joyce

SECONDER:              Mark Hill

AYES:              Joyce, Balkema, Hill, Matteson

ABSENT:              Rasmusson

VII.              FY21 Budget -Matt Melvin

1.              FY21 Budget

RESULT:              APPROVED [UNANIMOUS]

MOVER:              Donna Matteson

SECONDER:              Dick Joyce

AYES:              Joyce, Balkema, Hill, Matteson

ABSENT:              Rasmusson

VIII.              Executive Session

None

IX.              Action Taken as a Result of Executive Session

X.              Adjournment

1.              Motion to adjourn at 9:53 a.m.

RESULT:              APPROVED [UNANIMOUS]

MOVER:              Mark Hill

SECONDER:              Donna Matteson

AYES:              Joyce, Balkema, Hill, Matteson

ABSENT:              Rasmusson