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HomeMy WebLinkAbout07/25/1994 FINANCE COMMITTEE July 25, 1994 6 : 15 p.m. Large Conference Room Members present : Chairperson Krizek, Mollenhoff . Members absent : Anders. Moved by Mollenhoff, seconded by Krizek that the Agenda, as proposed, be approved. Ayes : Two. Absent : Anders. Motion carried. Moved by Mollenhoff, seconded by Krizek that the request of the Superintendent of Streets/Sanitation to adjust billing for weed mowing for four lots owned by Albert and Annabelle Oleson to actual cost of $100 . 00 be approved. Ayes : Two. Absent : Anders . Motion carried. The request of the Metropolitan Transit Authority for authorization to guarantee an operating loan in the amount of $450, 000 . 00 was reviewed. The loan will be guaranteed using the transit levy as collateral . Due to the delay in their federal payments, said loan is necessary to keep the system operational . Moved by Mollenhoff, seconded by Krizek that said request be recommended to the city council for their approval and authorization for the Finance Manager to sign said loan agreement . Ayes : Two. Absent : Anders . Motion carried. The request of the Police Chief to revise Line Items for the Police Hiring Grant Budget was reviewed. Moved by Mollenhoff, seconded by Krizek that said request be approved, as appropriate, and Line Item 1130 be researched comparing use to Line Item 1314 . Ayes : Two. Absent : Anders . Motion carried. Moved by Mollenhoff, seconded by Krizek that the request of the Police Chief to revise Line Items for the Police Department General Fund Budget be approved. Ayes : Two. Absent : Anders . Motion carried. Moved by Mollenhoff, seconded by Krizek that bills payment, as contained in Schedule A918, pp. 1-62, dated July 25, 1994, in the amount of $1, 023, 501 .45, be referred to the city council for their approval . Ayes : Two. Absent : Anders . Motion carried. With no further business before the committee, it was moved by Mollenhoff, seconded by Krizek that the meeting be adjourned at 7 : 00 p.m. Ayes : Two. Absent : Anders. Motion carried. Susan Fangman City Clerk