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HomeMy WebLinkAbout05.18.20.finance committee minutesFINANCE COMMITTEE May 18, 2020 5:10 p.m. Harold E. Getty Council Chambers Members present: Vice Chairperson Pat Morrissey, Margaret Klein, and Chairperson Sharon Juon joined the meeting by telephone. Moved by Morrissey seconded by Klein that the Agenda, as proposed, be approved. Voice vote - Ayes: Three. Motion carried. Moved by Morrissey seconded by Klein that the Minutes of May 11, 2020, as proposed, be approved. Voice vote - Ayes: Three. Motion carried. Moved by Klein seconded by Morrissey that the request for the following travel requests, be approved. Travel Requests Name & Title of Personnel Class/Meeting Destination Date(s) Amount not to Exceed Martin M. Petersen, City Attorney Iowa State Bar Association Annual Meeting Webinar May 18-22, 2020 $125 Voice vote - Ayes: Three. Motion carried. Moved by Klein seconded by Morrissey that the request for the following pre -authorizations to expend over $1,000.00, be approved. Pre -Authorizations to Expend over $1,000.00 Dept. Amount + Est. S/H Expenditure Airport $6,272 Multi -level service and maintenance check for ALO's emergency generator. Airport $2,225 Replacement airfield guidance sign panels due to aging and weathering, and to comply with FAA Part-139 compliance standards. Fire $13,004.82 (3) computer tables and mounting hardware. Fire $33,566.63 (2) Lucas mechanical CPR devices. Garage $5,582.35 + $300 S/H Color front mount display, video cable, assembly battery cable, bottom tank assembly for Fire Truck #304. Leisure Services $3,900 Helical anchor design for fishing pier at Greenbelt Lake on Martin Road. Leisure Services $3,495 (102) trees and shrubs to be planted west of Greenbelt Lake. Neighborhood Services $4,060 (1) 6' x 6' x 6' enclosed trailer. Police $10,690.55 + $355 S/H Evidence drying cabinet for the crime lab with UV lights and wash down sprayer. Traffic $1,835 Autoscope camera and interface panel. Voice vote - Ayes: Three. Motion carried. Moved by Morrissey seconded by Klein that the budget amendment for the Capital Projects fund to budget for projects anticipated to be completed before June 30, 2020, funded with gaming donations and tax increment financing revenue in the total amount of $3,900,000, as submitted by the Finance Department, be approved. Voice vote - Ayes: Three. Motion carried. Finance Committee May 18, 2020 Page 2 Moved by Morrissey seconded by Klein that the budget amendment to budget for anticipated hotel/motel tax grants payments to be paid before June 30, 2020, in the total amount of $120,000, as submitted by the Finance Department, be approved. Voice vote - Ayes: Three. Motion carried. Moved by Morrissey seconded by Klein that the budget amendment to budget for Convention Center activities in the amount of $1,000,000, as submitted by the Finance Department, be approved. Voice vote - Ayes: Three. Motion carried. Moved by Morrissey seconded by Klein that the budget amendment to budget for increased debt service expense owed by the Sewer Fund to the Debt Service Fund in the amount of $78,657, as submitted by the Finance Department, be approved. Voice vote - Ayes: Three. Motion carried. Moved by Morrissey seconded by Klein that the budget amendment to budget for the Metro Coalition revenue and expense, in the total amount of $60,000, as submitted by the Finance Department, be approved. Voice vote - Ayes: Three. Motion carried. Moved by Morrissey seconded by Klein that the project budget for the Neighborhood Services Party Trailer project, funded with donations from Black Hawk County Gaming and VGM, in the total amount of $10,500, as submitted by the Community Development Department, be approved. Voice vote - Ayes: Three. Motion carried. Moved by Morrissey seconded by Klein that the budget amendment to increase Local Option Tax fund expenses and intergovernmental revenue for the payment from Water Works to be paid to DOT for Highway 63 construction, in the amount of $1,300,000, be approved. Voice vote - Ayes: Three. Motion carried. Moved by Juon seconded by Morrissey that Bills Payment, as contained in Accounts Payable Invoice Report, dated May 18, 2020, in the amount of $13,777,930.75 be received, placed on file and approved and forwarded to the full council for approval. Voice vote - Ayes: Three. Motion carried. With no further business before the committee, it was moved by Morrissey seconded by Klein that the meeting be adjourned at 5:17 p.m. Voice vote - Ayes: Three. Motion carried. Ke//e#-e/chie Kelley Felchle City Clerk