HomeMy WebLinkAbout05.16.2022 Finance Committee MinutesFINANCE COMMITTEE
May 16, 2022
5:10 p.m.
Harold E. Getty Council Chambers
Members present: Vice Chairperson Jerome Amos, Jonathan Grieder, and Chairperson Ray Feus.
107302 - Grieder/Amos
that the Agenda, as proposed, be approved. Voice vote - Ayes: Three. Motion carried.
107303 - Grieder/Amos
that the Minutes of May 2, 2022 as proposed, be approved. Voice vote - Ayes: Three. Motion
carried.
107304 - Amos/Grieder
that the request for the following travel requests, be approved. Voice vote - Ayes: Three.
Motion carried.
Travel Requests
Name & Title of
Amount
Personnel
Class/Meeting
Destination
Date(s)
not to
Exceed
Pat Treloar, Fire
International Association
San Antonio,
08/23-
$2,589.00
Chief
of Fire Chiefs (IAFC)
TX
27/2022
Conference and Expo
J. Gaherty, M.
Iowa Water Environment
Davenport, IA
06/07-
$1,487.00
Schaefer, T.
Association 2022 Annual
09/2022
Janssen, Waste
Conference
Management Plant
Maintenance
B. Manahl, A.
Iowa Water Environment
Davenport, IA
06/07-
$1,487.00
Bedard, N.
Association 2022 Annual
09/2022
Rasmusson, Waste
Conference
Management
Operator
107305 - Grieder/Amos
that the request for the following pre -authorizations to expend over $2,500.00, be approved.
Voice vote - Ayes: Three. Motion carried.
Pre -Authorizations to Expend over $2,500.00
Dept.
Amount +
Est. S/H
Expenditure
_
Airport (Paint and beads
$22,500.00
Paint and beads for airfield.
for airfield)
$22,800.00
Building Maintenance
$3,690.00
Repair leaking roof at Waterloo Convention Center
(Roof Repairs Waterloo
- south freight elevator penthouse roof.
Convention Center)
Central Garage (Gutter
$2,660.00 +
(20) Elin/Tymco 435 Thread - Zarnoth disposable
Brooms)
$100.00
gutter brooms, vendor specific.
S/H
Fire Department
$3,500.00
Cleaning and disposing of materials in the
(Hydrocarbon Separator
hydrocarbon separator on site at the Regional
Tank Maintenance)
Training Center.
Finance Committee
May 16, 2022
Page 2
Fire Department
(Technimount Cardiac
Monitor Mounting
Systems).
$15,895.00
(5) Technimount Cardiac Monitor Mounting
Systems.
Leisure Services
$2,970.00
Labor and materials to plant annual flowers in (27)
(Downtown Flowers and
of the saucer style planters at Riverloop Expo Plaza.
Planting).
Leisure Services (Foul
$3,131.71
Foul poles for Riverfront Sports Park #5 and #6
Poles).
diamonds.
Leisure Services
$9,450.00
Replacement of lighting harnesses on Musco Field
(Lighting Harnesses).
light pole #B2.
Leisure Services (Skate
$11,590.00
Shade Panel structure at Riverside Skate Park with
Park Shade Panel).
installation by Park Maintenance crew.
Leisure Services (South
$10,176.00
(24) trees to be supplied and planted at South Hills
Hills Trees).
Golf Course.
Planning and Zoning
$2,900.00
Installation and clean -out of sewer to 415
(Installation and clean-
out of sewer to 415
Wellington.
Wellington).
Public Works (AED
$2,797.10
(6) CPR-D-Padz one piece electrode pad with real
Supplies).
CPR Help, (19) Pedi-Padz II Electrodes - (1) pair
and (3) Type 123 Lithium batteries.
Public Works (iPads for
$3,013.56 +
(4) Apple 10.9" IPad Air Wi-Fi 256GB Silver and
Elements).
$100.00
(4) Otterbox Defender Series Pro back covers for
S/H
tablets.
Public Works (Smart
$7,326.59
(2) Smart Boards- MX (V3) Pro Series with IQ
Boards).
SBID-MX255 and MX275-V3-PW 55" LED and
75" LED - backlit LCD.
Public Works
$11,968.80
Uniforms for Public Works employees as per union
(Uniforms).
+ $360.00
contract.
S/H
Traffic Operations
$4,860.00 +
(30) each of Walk and Don't Walk LEDs.
(Walk/Don't Walk
$150.00
LEDs).
S/H
107306 - Amos/Grieder
that the budget amendment for the Dolly Parton Imagination Library marketing materials, in
the amount of $8,000.00, as submitted by the Library Director, be approved. Voice vote -
Ayes: Three. Motion carried.
107307 - Amos/Grieder
that the budget amendment to use $142,662.00 in general fund balance due to increases in part
time salaries and utilities and an anticipated shortfall in arena revenue for Young Arena, as
submitted by Leisure Services, be approved. Voice vote - Ayes: Three. Motion carried.
107308 - Amos/Grieder
that the budget amendment to use additional revenue from the sale of equipment and sale of
scrap, in the amount of $38,428.00, for needed motor vehicles and equipment for the Sewer
Department, as submitted by the Waste Management Department, be approved. Voice vote -
Ayes: Three. Motion carried.
107309 - Amos/Grieder
that the budget amendment to use Motor Pool Service refunds, in the amount of $255,000.00,
to cover Motor Pool Service expenses, as submitted by the Public Works Department, be
approved. Voice vote - Ayes: Three. Motion carried.
Finance Committee
May 16, 2022
Page 3
107310 - Amos/Grieder
that the budget amendment to increase revenues and expenses, in the amount of $3,029.49 in
the Street Department, for the purchase of uniforms and safety equipment, as submitted by the
Public Works Department, be approved. Voice vote - Ayes: Three. Motion carried.
107311 - Grieder/Amos
that the budget amendment in the amount of $3,162,650.00 for increased payments from TIF
to Debt Service and for higher than expected interest and debt service expenses in the debt
service fund and to budget for anticipated transfers from the TIF fund, as submitted by the
Finance Department, be approved. Voice vote - Ayes: Three. Motion carried.
Mr. Amos requested an overview of the item.
Michelle Weidner, Chief Financial Officer, provided an explanation of the item.
107312 - Grieder/Amos
that the budget amendment to record the sale of bonds and related grant payment for the Lost
Island Theme Park, in the amount of $14,242,280.65, as submitted by the Finance Department,
be approved. Voice vote - Ayes: Three. Motion carried.
107313 - Grieder/Amos
that the budget amendment to increase the use of fund balance assigned for worker's
compensation claims by $782,000.00, to fund claims anticipated to be paid before June 30,
2022, as submitted by the Finance Department, be approved. Voice vote - Ayes: Three.
Motion carried.
107314 - Grieder/Amos
that the budget amendment to transfer ARPA funds, in the amount of $2,200,000.00, from the
general fund to Fund 290 to pay for fiber design, as submitted by the Finance Department, be
approved. Voice vote - Ayes: Three. Motion carried.
107315 - Grieder/Amos
that the budget amendment to transfer interest earned on Road Use Tax Transfer of Jurisdiction
funds, in the amount of $859,105.00, from the general fund to Fund 266 to be used for
University Avenue construction, as submitted by the Finance Department, be approved. Voice
vote - Ayes: Three. Motion carried.
107315A - Feuss/Amos
Refund request in the amount of $1,290.00 for property located at 620 W. 3rd St. for garbage
services never rendered because this address is part of a 9-plex and is required to use a private
hauler. Voice vote - Ayes: Three. Motion carried.
107316 - Feuss/Amos
that Bills Payment, as contained in Accounts Payable Invoice Report, dated May 9, 2022 in
the amount of $4,820,667.62 and May 16, 2022 in the amount $1,610,289.74, be received,
placed on file and approved and forwarded to the full council for approval. Voice vote - Ayes:
Three. Motion carried.
107317 - Feuss/Amos
that the meeting be adjourned at 5:23 p.m. Voice vote - Ayes: Three. Motion carried.
Finance Committee
May 16, 2022
Page 4
Kelley Felchle, City Clerk