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HomeMy WebLinkAbout05/11/10987 FINANCE COMMITTEE MINUTES May 11, 1987 6: 30 p.m. Large Conference Room Members present: Chairperson Dowie, Miller and Seeber Also present: Councilperson Budak It was moved by Miller, seconded by Seeber that the Agenda, as proposed, be approved. Motion carried. The following quotes were reviewed for the purchase of pipe used for the installation of street signs by the Sign & Traffic Department: Bidder Amount of Bid A.Y. McDonald $ 1 , 159. 20 Heating and Cooling Supply $ 2 , 163 . 00 It was the recommendation of the Sign & Traffic Department to accept the low bid of A.Y. McDonald. It was moved by Seeber, seconded by Miller that said recommendation be approved. Motion carried. The Superintendent of Traffic Signals asked that the purchase of conductor cable to be used for the interconnect on Sycamore Street between East 4th and Park Avenue be tabled. He indicated that Interstate Substitution funds may be available next year for the purchase of City equipment; therefore, this expenditure should be delayed at this time. It was moved by Seeber, seconded by Dowie that this item be tabled until such time as Interstate Substitution money is available for said purchase. Motion carried. The request of the City Engineer to take bids for repair of the westerly approach to the Easton Avenue bridge over Dry Run Creek was reviewed. Estimated cost of the project is $3 ,200. 00, with funds available from the General Obligation Bond maintenance funds. It was moved by Seeber, seconded by Miller that authorization be given to seek bids as requested. Motion carried. It was moved by Seeber, seconded by Miller to recommend approval to the City Council bill payments contained in Schedule A, A900 , pp. 1-50, totalling $635,147. 67, dated May 11, 1987. Motion carried. With no further business before the Committee, the meeting was adjourned. Larry P. Burger City Clerk/Auditor