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HomeMy WebLinkAboutBudget/Finance Committee Minutes 10.02.2007 CITY OF LAUREL BUDGET/FINANCE COMMITTEE MINUTES OCTOBER 2, 2007 $:30 P.M. COUNCIL CONFERENCE ROOM MEMBERS PRESENT: Chairman Mark Mace Gay Easton Mayor Ken Olson Kate Hart Doug Poehls OTHERS PRESENT: Mary Embleton The Budget/Finance Committee meeting was called to order at 5:30 p. ra., by Chairman Mark Mace. There was no public in attendance. The minutes of the September 18, 2007 meeting were reviewed and approved via motion by Kate, seconded by Doug, and passed unaninaously. September eh~im* totaling $277,568.95 were reviewed. Motion by Doug, seconded by Kate, to recommend approval of the claims by the council. Motion passed unanimously. The following purchase requisitions were approved by the committee: CAPITAL PROJECTS FUND: 2 pro-made re. stroom buildings - parks $60,975.00 WATER FUND: Labor & materials to install 6" water meter at railroad - system $ 1,700.00 The Comp/OT reports were reviewed for pay period ending 9/23/07. The Payroll Register for PPE 9/23/07 totaling $139,945.89 was reviewed. Motion by Doug, seconded by Gay, to recommend council approval of the payroll register. Motion passed unanimously. Clerlorrreasnrcr Comments: Audit oreoaratious - Mary has not heaxd back from the auditors, so they will probably not re, schedule the audit. It is cm-xantly scheduled for the week of December 31a. The state budget document will be completed and sent in by the end of next week. There are no new developments on the 10-vear cash flows or GARVEE issues. It was suggested that if the city contracts with Merle Gamradt to develop a CIP, the cash flows could be part of that process. Mary will try to speak with Mae Nan Ellingson at the conference this week regarding GARVEE bonds. Since this is tied to the 8' Ave. project, this issue may be combined with 8' Ave. on the next agenda. Budget/Finance Committee October 2, 2007 Mayor's Commel~ts: On~oina~ Prelects: Mayor Olson stated that there was nothing new to report on the Chip Seal ~roiect: work will be completed on the SE 4t~ turn lane prior to the opening of the Wal-Mart store, scheduled for October 24t~, and the city will repair SE 4t~ St.; there is no new progress on the West Main sidewalk, curb and gutter SID; Storm water project - if the city establishes a TIF district, this SID may not need as much funding, but more research will be done on this issue; 8th Ave. mroiect - Carl Anderson of Morrison Maierle has offered to get better allocation of the costs for this project t~om Engineering, Inc., so the city can better determine the obligation of funds from various sources. Inmact fees: TischlerBise has not contacted the city as yet to schedule the fact-findings for the fens~ility study. Urban renewal/TIF District: Mayor Oison reported that there will be more discussion on this issue a~t tonight's council meeting to det~,nine boundaries. This will also be on the October 9 workshop agenda~ The cityneeds to keep the possibility ora mandated paid fire department in mind, if the next census determines that Laurel is a Class 2 city. More discussion followed. The boundaries proposed by staffis the zoned commercial business district. The Department of Revenue has been asked to provide figures to show residential vs. commercial taxable values, and the taxable value of the Billings West End Wal-Mart store. A timeline has been proposed to complete this issue before Dec. 31a. The committee would like this put on the age~la for the joint city-county meeting on October 25th. The city needs to work with School District #7, which will be impacted by the district. The committee would like to know what the costs and impacts are associated with the proposal. CIP: Information l~om Merle Gamradt's CIP for Flathead County was distn~outed. Merle will send up a proposal by the 16t~. Mayor Oison will contact him this week. Other issues: None. The next regular meeting will be on Tuesday, October 16~ at 5:30 p.m. For next agenda: Add Merle Gamradt's proposal to the agenda, move Chip Seal and SE 4t~ to Future Meetings, and combine GARVEE with 8t~ Ave. The meeting adjourned at 6:05 p.m. Respectfully Submitted, Clerk/Treasurer 2