HomeMy WebLinkAbout10/20/1997 FINANCE COMMITTEE
October 20, 1997
5 : 15 p.m.
Large Conference Room
Members present : Chairperson Mollenhoff, Getty.
Members absent : Krizek.
Moved by Getty, seconded by Mollenhoff that the Agenda, as amended
to delete Item 1 under New Business entitled, "Authorization to
rent motor graders from Altorfer at a cost of $2 , 500 per month per
machine for four months--Superintendent of Streets" and Item No. 1
under Budget Line-Items to Be Adopted entitled, "Request to
transfer $35, 000 from Line Item 1571 (Equipment Parts) to Line Item
1384 (Machinery) --Superintendent of Streets" , be approved. Ayes :
Two. Absent : Krizek. Motion carried.
Moved by Getty, seconded by Mollenhoff that the Minutes of October
13 , 1997, as proposed, be approved. Ayes : Two. Absent : Krizek.
Motion carried.
The following bids received for street approach, maintenance
service drive and patio at Ridgway Towers, 225 W. Ridgeway Avenue,
were reviewed:
ServiceDr/
Bidders Approach Patio Canopy Total
Daniels Home Improvement $5, 900 $13, 935 $1, 955 . 70 $21, 790 . 70
Gleason Const . Corp. $4, 275 $10, 310 $2 , 050 . 00 $16, 635 . 00
This project will not be started until Spring 1998, and the
contractor will honor the price until spring with the project to be
completed no later than May 31, 1998 . The Building & Grounds
Committee approved the low bidder at the October 13 , 1997 meeting.
The Housing Authority budgeted $20, 000 for building improvements
and has a current balance of $16, 800 . It was the recommendation of
the City Planner that the low bid from Gleason Construction Corp.
in the amount of $16, 635 . 00 be accepted. Moved by Getty, seconded
by Mollenhoff that said recommendation be approved. Ayes : Two.
Absent : Krizek. Motion carried.
The following bids received for insulation of ten water services
with a history of freezing problems were reviewed:
Bidder Bid Amount
Black Hawk Plumbing Co. $4, 950 . 00
The costs for project will be split equally between the city and
the Waterloo Water Works. It was the recommendation of the
Assistant City Engineer that the bid of Black Hawk Plumbing Co. in
the amount of $4, 950 . 00 be accepted. Moved by Getty, seconded by
Mollenhoff that said recommendation be approved. Ayes : Two.
Absent : Krizek. Motion carried.
Moved by Getty, seconded by Mollenhoff that the request of the
Superintendent of Streets for pre-authorization to expend $5, 545 . 00
to purchase a Hosty power washer be approved. Ayes : Two. Absent :
Krizek. Motion carried.
Moved by Getty, seconded by Mollenhoff that the request of the City
Engineer to increase Line Item 1785 and increase Line Item 3627 in
the amount of $1, 350 . 00 be approved. Ayes : Two. Absent : Krizek.
Motion carried.
Moved by Getty, seconded by Mollenhoff that the request of the City
Planner to transfer $2, 068 . 50 from Line Item 1111 (Salaries
Regular) to Line Item 1128 (Retirement) be approved. Ayes : Two.
Absent : Krizek. Motion carried.
Finance Committee
October 20, 1997
Page 2
Moved by Getty, seconded by Mollenhoff that the request of the
Superintendent of Water Pollution/Flood Control to transfer $200
from Line Item 2152 (Building Improvements) to Line Item 1750 (Debt
Service Expense) be approved. Ayes : Two. Absent : Krizek.
Motion carried.
Moved by Getty, seconded by Mollenhoff that Bills Payment, as
contained in Schedule AP640, pp. 1-99, dated October 20, 1997 in
the amount of $624, 950 . 19, be received, placed on file and approved
and forwarded to the full council for approval . Ayes : Two.
Absent : Krizek. Motion carried.
With no further business before the committee, it was moved by
Getty, seconded by Mollenhoff that the meeting be adjourned at 5 :24
p.m. Ayes : Two. Absent : Krizek. Motion carried.
Nancy Eckert
City Clerk