HomeMy WebLinkAbout10/24/1988 FINANCE COMMITTEE MINUTES
October 24, 1988
6 : 30 p.m.
Large Conference Room
Members present: Chairperson Angel, Wright, Buck.
Moved by Buck, seconded by Wright that the Agenda, as proposed,
be approved. Motion carried..
The following bids were reviewed for auctioneer services for the
sale of City property at 715 Ansborough, 2341 Falls Avenue, and
2339 Falls Avenue:
Percentage of Total Gross Sales (with
Bidder bidder supplying clerk and cashier)
Youngblut Auctioneering
and Rider Auction ( joint bid) 11 percent
Dick Backes, Auctioneer 12 percent
Fisher Auction Service 92 percent
John E. Reed Auction Co. 44 percent
Moved by Buck, seconded by Angel that said bid be awarded to the
low bidder, John E. Reed Auction Co. of Cedar Falls. Motion
carried.
Authorization to take bids for the installation of a security
fence at Donald Street to control unauthorized access into the
future Chain of Lakes area was discussed. Eric Thorson, City
Engineer, reported that public access into the construction area
is creating severe safety problems. Even with the installation
of a fence along Donald Street, the public continues to gain
access into the restricted area. After review, it was the
Engineer' s recommendation that the security fence be constructed
from an existing private fence to Basic Materials entrance.
Moved by Wright, seconded by Buck that authorization be given to
take bids on the construction of said security fence. Motion
carried.
The request of the Planning and Development Director for
authorization to seek bids on the replacement of vehicles in the
Building Inspection Office was reviewed. This is an unbudgeted
item; however, property totaling $55,000 has been sold in excess
of the budgeted revenue as well as a $30,000 increase in permit
fees over estimated revenue to date. Estimated cost of the five
vehicles, including four inspector vehicles and one out-of-town
car, is approximately $50,000.
Moved by Wright, seconded by Buck that authorization be given to
seek bids as requested. Motion carried.
Authorization to seek bids for police cars was reviewed.
Budgeted funds for this purchase is $60,000. It was suggested by
Committee members that bids be sought from dealers in the
Waterloo/Cedar Falls area as well as review of the State bid. It
was also the Committee' s suggested that American made cars only
be bought.
Moved by Buck, seconded by Wright that authorization to seek bids
as requested be approved. Motion carried.
Moved by Angel, seconded by Wright that bills payment be approved
as contained in Schedule A918, pp. 1-72, totaling $1,682,383. 86
and Schedule W900, pp. 1-2, totaling $34, 244. 59, dated October
24, 1988. Motion carried.
With no further business before the Committee, the meeting was
adjourned.
Larry P. Burger
Clerk/Auditor