HomeMy WebLinkAbout12/14/1992 FINANCE COMMITTEE
December 14, 1992
6 : 30 p.m.
Large Conference Room
Members present: Chairperson Angel, Wright and Buck.
It was moved by Wright, seconded by Angel that the Agenda, as
proposed, be approved. Motion carried.
The request of the Coordinator of the Black Hawk County Emergency
Management Agency that the city pay the remaining balance of its FY
93 subsidy totalling $10, 546. 98 was discussed. Mr. Blair,
Coordinator, noted that the agency has experienced unexpected
funding reductions at the federal level creating a cash flow
problem. This cash would improve their existing position until
first quarter matching federal funds are received in January or
February.
Larry P. Burger, Clerk/Auditor, recommended that only three months
of the cash advance be approved since the city is in a similar cash
position.
Mr. Blair provided a brief history of the agency' s funding.
It was moved by Buck, seconded by Angel that a cash advance of 90
days for payment of FY 93 subsidy to the Black Hawk County
Emergency Management Agency be approved. Motion carried.
The purchase of additional equipment for use in the cable
production room was discussed. Chuck Angel, Chairperson, noted
that the equipment would include a third VCR plus the interface
cable for said programmer, a small compact disc and a case of
tapes. Total expenditures for the above items are less than $500
and will be purchased from ECS. It was moved by Wright, seconded
by Buck that authorization be given to purchase said items. Motion
carried.
It was moved by Angel, seconded by Buck that the bills payment be
approved as contained in Schedule A918, pp. 1 - 47, in the amount
of $1, 989,034 . 15, dated December 14, 1992 . Ayes: Angel and Buck.
Abstain: Wright. Motion carried.
With no further business before the Committee, the meeting was
adjourned at 6: 40 p.m.
Larry P. Burger
City Clerk/Auditor