HomeMy WebLinkAbout07/22/1991 FINANCE COMMITTEE
July 22 , 1991
6 : 30 p.m.
Large Conference Room
Members present: Chairperson Angel, Wright.
Members absent: Buck.
It was moved by Wright, seconded by Angel that the Agenda,
as amended to include Item No. 7 entitled "Authorization to
replace air conditioning compressor at Fire Rescue
Headquarters, 425 East Third Street--Fire Chief" be
approved. Motion carried.
The request of Chief Koehrsen for authorization to purchase
two Glock semi-automatic pistols and leather gear in the
amount of $873 . 74 for two new officers that will be hired in
August, 1991 , was reviewed. In addition, the Chief ' s
request for authorization to purchase seven Glock
semi-automatic pistols and accessories for police reserve
officers was reviewed. The reserve officers pay the City
via a personal check for their equipment which is deposited
in the Law Enforcement Trust Fund. These items will then be
paid from this fund, resulting in no cost to the City. It
was moved by Wright, seconded by Angel that the above two
requests be approved. Motion carried.
The request of the Waterloo Recreation and Arts Center for
authorization to lease purchase a truck chassis and utility
pickup was reviewed. These items will be paid for through
the City's recently approved lease purchase plan. It was
moved by Wright, seconded by Angel that authorization be
given to proceed to seek bids for said items. Motion
carried.
The Police Department, acting through the Tri County Drug
Task Force, requested authorization to enter into a rental
agreement with a metropolitan auto dealership. This
agreement will be funded through the Governors Alliance on
Substance Abuse and matched with local monies . It was moved
by Wright, seconded by Angel that authorization be given to
enter into said agreement. Motion carried.
It was moved by Wright, seconded by Angel that the garbage
refund in the amount of $94 . 80 for 1314 Logan Avenue be
approved. Motion carried.
Bruce Meisinger, Budget Analyst, presented a year-end
analysis for the City' s budget performance for the year
ending June 30 , 1991 . The analysis compares the adopted
budget with actual performance for both the general fund and
the total budget including all funds for the past fiscal
year. Actual revenues and actual expenditures by program
were also delineated. In conclusion, reductions in budget
expenditures and improvement in revenue receipts resulted in
the improved level of ending fund balance in the general
fund. A copy of the financial statement is available in the
Clerk/Auditor ' s Office for public review. No official
action was taken on this item.
The request of the Fire Department for authorization to
replace an air conditioner compressor at 425 East Third
Street Fire and Rescue Headquarters, was reviewed. The
following prices were reviewed:
Prices to replace 10-Ton Air Compressor:
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