HomeMy WebLinkAbout01/28/1980 Finre Committee
JanL ry 28 , 1980
Mayor' s Conference Room
City Hall , Waterloo , Iowa
The Finance Committee of the City of Waterloo , Iowa, met in the Mayor' s Con-
ference Room in the City Hall at 6 : 34 P .M. on January 28 , 1980 .
Council Member Dowie , Chairman, presiding.
On Roll Call : Present : Bowers , Dowie , Wilharm. Absent : Roehr .
Chairman Dowie called the meeting to order .
Mayor Rooff brought up the request of the Police Department for eight additional
patrol vehicles . The Police Department now has twenty-one vehicles .
Discussion followed as to the funding of vehicles in this year' s budget .
It was moved by Dowie , seconded by Wilharm to reject this purchase request
until more information is received.
It was brought up by the Finance Director the need to change the computer
programming for the Employee ' s Deferred Compensation Plan. There are presently
now six companies with employees enrolled. The original Plan approved by the
Deferred Compensation Committee states that no contracts will be authorized
unless a minimum of twenty participants are enrolled. Presently none of the
companies have twenty employees . The computer as it is programmed now will not
hold any more companies . There are now two new companies which have signed un
employees . To re-program the computer to include these additional companies
would cost approximately $1 , 200. Discussion followed.
It was moved by Dowie, seconded by Bowers to have Roger Mogle , Personnel
Director to contact the two additional Insurance Companies and employees
involved that they cannot be accepted at this time, due to non-conformance
with City Ordinance .
Chairman Dowie called for additional business , there was none , and it was moved
by Bowers to close the meeting at 7 : 04 P .M.
Tom Campbell ,
Acting City Clerk