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HomeMy WebLinkAboutBudget/Finance Committee Minutes 04.15.1997 MINUTES BDDGET/FINANCE COMMITTEE APRIL 15, 1997 4:30 P.M. OLD COUNCIL CHAMBERS MEMBERS PRESENT: OTHERS PP~ESENT: Chairman - Donna Kilpatrick Gary Temple Gay Easton Dirk Kroll Bud Johnson Don Hackmann The committee reviewed the overtime report for PPE 4-10-97. Peg Arnold presented a bid from Kenco for a security system at the Library in the amount of $ 1,095.30 plus $ 22.50 a month to monitor the system. The committee suggested that she get another bid from ADT Security Systems. Discussion regarding a contract with Richard Larsen & Associates for labor relation services. Motion by Bud Johnson, seconded by Gary Temple to recommend that the city enter into a three year contract with Richard Larsen & Associates. After further discussion there was a motion by Gary Temple, seconded by Dirk Kroll to table this until we get a copy of a contract to review. Motion carried. Discussion regarding the $ 212,000.00 note to Security Bank which is due April 19, 1997, for repairs to the water intake lines at the water plant. Motion by Gary Temple, seconded by Dirk Kroll, to extend the note for one year. Motion carried. Discussed transferring money from cash-capital projects to cash- construction in the water fund. A transfer of $ 125,000.00 was made in October 1995 to be used as interim financing for the water project. Total costs incurred to date are $ 158,493.36. (Engineering $ 158,093.36 and a State of Montana permit $ 400.00) Motion by $33,500.00 water fund. Bud Johnson, seconded by Gary Temple to transfer from cash-capital projects to cash-construction in the Motion carried. Discussed meeting dates to review 1997-98 preliminary budgets. Dates have been set for April 28, 30, and May 12, 13, 14, 19, 21, 27, 28, and 29th at 6:30 p.m. in the old council chambers. Reviewed the March financial report. Approved purchase requisitions as follows: GENERAL FUND Rebuild drive line on fire truck Two bunker coats and fire breaker boots 587.10 1,011.00 WATER FUND Make and repair liquid alum tank stand on north tank Meeting adjourned at 5:15 p.m. 997.00 Respectfully submitted, Don Hackmann City Clerk