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HomeMy WebLinkAboutBudget/Finance Committee Minutes 07.21.2009MINUTES BUDGET/FINANCE COMMITTEE JULY 21, 2009 5:30 P.M. COUNCIL CONFERENCE ROOM MEMBERS PRESENT: Chairman Kate Hart Chuck Dickerson Mayor Olson Doug Poehls Mark Mace OTHERS PRESENT: Cathy Gabrian Chairman Kate Hart called the regular meeting of the Budget/Finance Committee to order. There was no public in attendance. The minutes of the July 7, 2009 meeting were presented and approved via motion by Mark, seconded by Doug, and passed unanimously. June Journal Vouchers #856-862 and the Billing Adjustments for June 2009 were reviewed. Motion by Chuck, seconded by Doug to approve the journal vouchers and UB adjustments. Motion passed unanimously. The June 2009 Preliminary Financial Statements were reviewed by the committee. Motion by Doug, seconded by Chuck to recommend approval of the June 2009 Preliminary Financial Statements to the council. Motion passed unanimously. The committee reviewed the Comp/OT reports for PPE 7/12/09. This report included the 4"' of July holiday. The Mayor commented that we changed the way we did business on the 4"' of July. The Chamber of Commerce handled the vendors for the event. By doing this, they incurred the cost for the port-a-pots but the city did not bring in any revenue from the vendors, as we have in the past. He said we will discuss the options with department heads, visit with the vendor community and decided whether to stay with the Chamber or go back to coordinating it ourselves. He feels this is an event for the non- profit vendors. The Payroll Register for PPE 07/12/09 totaling $183,519.45 was reviewed by the committee. Motion by Mark, seconded by Doug to recommend council approval of the payroll register. Motion passed unanimously. Clerk/Treasurer's Comments: Budget process: The budget process is ongoing. Mayor's Comments: TI..FD update: The Mayor said Shirley McDermott of LURA will attend the council meeting next week. They would like to invest $17,900.00 towards installing the water line under the road, to the south side of Main Street. Chief Administrative Officer Comments: Impact Fees F'easibili Stud update: The Mayor feels Laurel will have another growth spurt and we need to be ahead of the game and have the impact fees in place. We realize now the importance of them and should have had them in place before the last growth spurt. Budget/Finance Committee July 21, 2009 Storm Water Project & S. 1St Ave. overlay update: The flat work is being done and there is a business that wants to change its approach. The Mayor said the county has offered to take our millings and they would provide the manpower to redo Alder and Fir Avenues and the parking lot by the soccer field. The parking lot may need a bonding agent because of the turning that's done and straight millings may not hold up. There was discussion regarding the future parking lot off 8"' Street, storm water drainage and possible landscaping. The PWD already has council consent to use the millings on any public area. West Main Sidewalk SID & overla : The Mayor said we are still in a good position and the project is back to 2010. There are people of interest looking at purchasing the old elevator. There was discussion regarding the benefits of extending a water line to the south side of Main Street and if done, would recommend an 8" line for fire flow and to handle multiple businesses. Wastewater Plant Upgrade preliminary engineering re ort: We received word from Morrison Maierle regarding doing the engineering for the oxidation ditch. It was asked if we want to extend their contract or go with Great West Engineering. Engineering work is completed on the lift station, the agreement easement for the 8" line and work is ongoing on the head works. Other - Mark questioned the water line insurance and how the money is being used. A report will be given at the next meeting. The next regular Budget/Finance meeting will be Tuesday, August 0' at 5:30 p.m. The meeting adjourned at 6:06 p.m. Respectfully Submitted, Cathy Gabrian Deputy Clerk