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HomeMy WebLinkAbout10.07.2024 Finance Committee MinutesOctober 7, 2024 Finance Committee Harold E. Getty Council Chambers 5:10 p.m. Roll Call. Members present: Chairperson Ray Feuss, Vice Chairperson Rob Nichols and John Chiles. Approval of Agenda as proposed or amended. Nichols/Chiles that the agenda, as proposed, be approved. Voice vote -Ayes: Three. Motion carried. Approval of Minutes of September 30, 2024 as proposed or amended. Nichols/Chiles that the minutes of September 30, 2024, as proposed, be approed. Voice vote -Ayes: Three. Motion carried. TRAVEL REQUESTS Chiles/Nichols that the following travel requests be approved. Voice vote -Ayes: Three. Motion carried. Ben Wagner, GIS Coordinator Class/Meeting: WLIA 2024 Fall Regional Meeting Destination: La Crosse, WI Dates: October 17-18, 2024 Amount not to exceed: $425.00 Fire Marshal, Brock Weliver & Fire Inspector, JD Van Dyke Class/Meeting: 2024 Fire Safety Association Conference Destination: Des Moines, IA Dates: November 5-7, 2024 Amount not to exceed: $1,145.00 PRE -AUTHORIZATION TO EXPEND OVER $2,500.00 Nichols/Chiles that the request for the following pre -authorizations to expend over $2,500 be approved. Voice vote -Ayes: Three. Motion carried. Airport (Tractor Repair) Amount: $57,971.00 Expenditure: Emergency repair to replace the transmission on John Deere 7200RTractor. Page 1 of 3 MIS Department (Shaulis Road intersection network connectivity) Amount: $3,057.66 Expenditure: Network wireless connectivity for Shaulis Road intersections. Street Dept (Trailer) Amount: $47,230.00 + 750.00 S/H Expenditure: Trailer to haul asphalt paver and large roller. Traffic Department (Street Light Poles) Amount: NTE $30,000.00 Expenditure: Upgrading and replacing poles within downtown Waterloo. Traffic (Blanket Pre -Authorization for Pedestrian Signals) Amount: NTE $30,000.00 Expenditure: Installing signals and LED's. BUDGET LINE ITEMS TO BE AMENDED Feuss/Chiles that the following budget line item amendments be approved. Voice vote -Ayes: Three. Motion carried. Approve the budget amendment to increase the Reimbursement for Services Revenue and Overtime Expense lines in the amount of $4,500.00 for the ODEF project, to be used for the Kilos and Tequila operation, as submitted by the Police Department. Approve the project budget for the FY-25 Iowa DOT Commercial Service Vertical Infrastructure project, in the amount of $124,902.00, as submitted by the Airport. Approve the project budget for the FY-25 Iowa DOT Air Service Development grant, in the amount of $60,000 ($48,000 grant, $12,000 match), as submitted by the Airport. BILLS PAYMENT Feuss/Chiles that the Bills Payment, as contained in the Accounts Payable Invoice Report dated October 7, 2024, in the amount of $9,861,226.73, be approved. Voice vote -Ayes: Three. Motion carried. Page 2 of 3 October 7, 2024. ADJOURNMENT Chiles/Nichols that the meeting be adjourned at 5:15 p.m. Voice vote -Ayes: Three. Motion carried. Kelley Felchle Kelley Felchle, City Clerk Page 3 of 3 IIIGI IC.I Iv. SIGNED