HomeMy WebLinkAbout1984-06-14 Finance Committee MinutesPINAIRM CgV4PTT68
June 14, 19M at 4:00 p.m.
Minutes
Present: Councilor Jim Few, Chairman
Councilor Nen Jordan
Councilor Arthur Tilley
Councilor Jahn McCarthy
Ted Jellison, Finance Director
Dave Pellegrino, Purchasing Agent
Dale nerfault, Parke 6 Recreation Director
Austin Kelly, Self Course Superintendent
Robert Miller, City Solicitor
1. Community Development.
The Committee approved two loans along with the disposition of two City
lots Mich were split between abutters.
2. gids:
a. Emergency Purchase of Mobile Food Dart for City Nursing Center.
Award was approved to R.M. Flagg at $5,761.00.
b. Clean 6 Paint Petroleum Storage Tanks No. 1 and No. 3. Award was
approved to Regan Painting Company, the low bidder, at $10,500.00.
C. Paving City Streets.. Award was approved to lane Construction
Company, the only bidder, at An estimated $536,194.00.
3. Council Order 84-229 - Computer Financing.
The Committee discussed the financing of a new computer system, and
Councilors McCarthy and Jordan indicated the bus Reserve Account should be
analysed to see if the $200,000 could name from this account. The City
Solicitor told the Committee that the Council Order should be revoked.
4. Council Order 84-201 - Golf Course Reserve Fund.
Councilor Jordan made a motion that half of the operating surplus each
year up to a $100,000 maalaut accumulation should be set aside for the golf
Course Reserve Fund. the Committee voted 2-1, with Councilor Tilley
opposing, on this method. Me item will be discussed by the full City
Council at their Jump 25th Council meeting.
S. Contribution to 150th Sesquicentennial.
Tom Needham, President of the 150th Sesquicentennial organization,
requested the City to Contribute $40,000 to the celebration. The Committee
asked that a Spatial Council meeting be set up as soon as possible to vote
on the request.
Adjourned at 5:15 p.m.