HomeMy WebLinkAbout1985-06-24 Finance Committee MinutesFinance C ittee
Sure 24, 1985 at 7:00 p.m.
Minutes
Present: Concilor Sim Car, Chairman
Councilor J McCarthy
Council¢' Jahn Gass
Coacilor Arthur Tilley
Councilor tam Willey
Councilor'Bm Mvis
Councilor M Brown
JMn Flynn, City Manager
1. Council Ordinance 85-2W 'AmeMia7 Chapter II, Article 2, Section 2.1
of tine City Ordinances - Finance Cepa�t.'
Based upon discussion the City Council lad at 1 it June 17th maeting,
Councilor McCarthy indicated he was going to withdraw Clue ordinance.
the Finance Cmnittee urenimusly appreved the notion for withdrawal.
2. Camcil Order 85-219 'Establishing Definition, Purposes red Precedures
for P swrye I count ."
)hie order establishes the definition, purposes and proredurea for the
weserve Aoouunts. lta C<mnittee recvnirended that the blank swot in
Uv Golf Course ikseeve FUM b=_ arended by inserting the amount of
$15,000 which represents its major capital a iprtM wbidn will be
purchased from the fund. 1Te sentence will real "the l rvel f
Course Account is hereby established for the purpose of prwiding a
source of fulls for the replacement of major pieces o£ equipment
(515,000 or higher) and/or major imptaements or expansion of the
Dourer.' the Canmittee nmenL ly rwm n&d approval of this cba
and they unanimously retmnreMed passage of Council Order 85-219.
Comnittce aljouened at 7:08 P.M.