HomeMy WebLinkAbout2011 03-17 FCM Financial Commission
Work Session Meeting Minutes
17 March 2011
1. Call to Order
The meeting was called to order by Newman at 6:39 PM
Members Present: Commissioners Newman, Landis, Schueller, Plunkett and
Agbssou. Council Member Roche was absent. Staff present were City Manager
Boganey and Director of Fiscal & Support Services Jordet.
2. Adoption of the Agenda
Without objections, the Agenda was declared adopted as presented.
3. Minutes
Without objections, the Minutes for the 20 January 2011 meeting were declared
adopted as presented.
4. Review of City Council Requests
A Council request to address State Aid Revenues and their use when received by the
City was discussed as a continuation of a conversation form the January 20, 2011
meeting. The Commission was presented with a draft memorandum for
consideration. It detailed the discussions of the Financial Commission concerning
use of LGA and MVHC, two traditional revenue sources which have become
unreliable. Following some revisions of the draft memorandum conclusions it was
moved by Schuller and seconded by Landis that the revised memorandum be
presented to the City Council as the Financial Commission's recommendation on the
receipt and use of LGA and MVHC. With all members present voting in favor, the
motion was adopted.
5. Review of RFP for Insurance Agent of Record
Jordet presented a draft Request for Proposals for an Insurance Agent of Record.
This RFP is the next one due in the sequence for RFP's for professional services
adopted as a City Council policy in 2006. Following discussion of the details and the
RFP process Landis moved and Plunkett seconded a motion adopting the RFP as
presented. With all members present voting in favor the motion was adopted.
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8. Other Business
The Commission was remided of the schedule joint meeting of the City Council and
all Commission members in Constitution Hall on Wednesday, 6 April 2011 at 6:00
PM.
No other business was brought before the Commission.
9. Adjournment
With no other business to transact, the meeting was adjourned at 7:40 PM.
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