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HomeMy WebLinkAbout06-22-09 Personnel and Finance Committee~~~ y ~j jr t~ ~~„~ PERSONNEL AND FINANCE COMMITTEE JUNE 22, 2009 Committee Members Present: Tom LaFountain, Chairperson; David Varner, Vice- Chairperson; Karen White; Other Council Members Present: Derek Dieter; Ann Puzzello; Others Present: Catherine Hostetler; Martha Lewis; Dick Nussbaum; Rita Kopala; Catherine Fanello; Mayor Luecke Agenda: Bill No. 43-09 -Appropriation Hall of Fame Fund #677 Bill No. 44-09 -Transferring Monies Bill No. 43-09 Chairman LaFountain recognized the City Controller Catherine Fanello to make the presentation. She detailed the purpose of the requested $74,500 appropriation from the Hall of Fame Depreciation Fund (#677). A handout (attached) listed specific costs. George Lane asked where the fund gets its money. The Mayor recounted the origination of the fund and its purpose. In that the city owned the building, it was our responsibility to maintain the facility. Councilmember White motioned to recommend favorably to Council. Councilmember Varner followed with a second. All agreed to forward affirmatively. Bill No. 44-09 Fanello said the bill would allow the city to borrow funds from various other funds in order to meet operational expenses. This was necessary in that property tax disbursements have yet to be billed, collected, or distributed. The borrowed funds would be paid back when taxes were received. Councilmember Varner motioned 1St, Councilmember White seconded and all voted to send favorably. Under miscellaneous matters Councilmember Henry Davis urged the administration to redouble efforts to apply for grants of federal dollars to help the City. The Mayor assured the city always looks for and applies for grants being careful they be for specific projects rather than ongoing operational expenses. There being no further business to come before the Committee at this time, Chairperson LaFountain adjourned the meeting at 5:07 p.m. Respectfully Submitted, Tom LaFountain, Chairperson Personnel and Finance Committee