Aurora Committee of the Whole: Martin Lyons CFO, Koloni, Inc.

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Martin Lyons, the city government of Aurora’s chief financial officer/city treasurer explains a resolution authorizing the City to repay a line of credit to save money at the Aurora Committee of the Whole meeting Tuesday. Plans are to repay a line of credit issued with Fifth Third Bank and Old Second Bank up to $3.0 million this year in three equal installments on or before April 1, July 1, and October 1, as provided for in the 2020 Approved Gaming Fund Budget.
The Council is considering approval of a sub-agreement with Koloni Inc., as the City of Aurora’s bike share program vendor starting with 10 bikes to be placed at key locations throughout the City. Jason Crane/The Voice

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