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HomeMy WebLinkAbout2001 10-15 FCMFinancial Commission Meeting Minutes October 15, 2001 1. Call to Order The meeting was called to order by Chair Escher at 6:00 PM (This is a joint meeting with the Brooklyn Center City Council.) 2. Roll Call Members Present: Chair Escher, Commissioners Nemec, Blamey, Hruska, Peterson, Elftman and Wilkinson. Others Present: City Manager Michael McCauley and Fiscal and Support Services Director Douglas Sell 3. RFP Audit Services City Manager McCauley reviewed the requirements for the RFP for audit services based on the City Council policy that requires solicitation of bids every six years. The Commission reviewed the RFP and identified the following to serve on the RFP response review committee: Chair Donn Escher Commission Member Mark Nemec Commission Member Jay Hruska Two City Council Members will be identified to serve on this review committee. The RFP will be forwarded to the City Council for consideration at the October 22, 2001 meeting with the recommendation for approval from the Financial Commission, advertising and solicitation of quotes. 4. Budget Review City Manager McCauley and Public Works Director Spector provided details relating to the CIP and Utility budgets and rates proposed for 2002. Council and Commission members discussed various aspects of the proposals including funding sources, rate analysis and sustainability of the programs proposed. It is anticipated that funding to sustain the neighborhood street improvement projects may result in a program slow down in years 2004-2005. These issues will be further addressed in the 2003-2008 CIP. Motion by Commissioner Peterson, second by Commissioner Wilkinson to recommend the CIP and utility rates as presented to the City Council for consideration. The motion carried. 5. Next Meeting The next meeting will be with the City Council as part of a 2002 Budget workshop on Tuesday, October 29, 2001 beginning at 6:00 PM, Conference Room B. 0 6. Adiournment The meeting adjourned at 7:35 PM. ob •