COMMITTEE:            Finance and Land Acquisition Committee

 

DATE:                        March 21, 2006

 

TIME:                        6:30 p.m.

 

MEMBERS

PRESENT:                 Plese, Gilmour, Mietzner, Strong, Hoppe, Hermes, Johnston, Orr                                   

 

ABSENT:                                          

 

NON-MEMBERS

PRESENT:                 Mayor Roy Strong, City Administrator John McIntyre, Accounting Supervisor Robin Theobald, Executive Secretary Sheryl Puracchio, Reporters Monson, City Attorney Justin Fredin, Marsh Insurance Rep Jim Reylea

 

DISCUSSION:            Open Meeting

 

ACTION:                   Alderman Hermes made a motion and Alderman Mietzner seconded to open the meeting at 6:32 p.m. All yes. Motion passed.

 

DISCUSSION:            Approval of Financial Reports

 

ACTION:                   Alderman Hermes made a motion and Alderman Mietzner seconded to approve the February Collector’s Report in the amount of $135,297.26 and the February Payables in the amount of $163,904.19.  All yes. Motion passed.

 

DISCUSSION:            Fallen Ridge Subdivision

 

ACTION:                   Puracchio explained that the subdivision has been previously approved but the planner has added language to it.

 

DISCUSSION:            Premium Only Plan/Flexible Spending Account - ADP

 

ACTION:                   Theobald explained the two programs.  Theobald stated the flex spending program is not something she would recommend because it would cost the City for few employees.  She recommended the Premium Plan because at this time the employees are getting taxed on their health benefits.

 

Alderman Hermes made a motion and Alderman Orr seconded to Approve the Premium Only Plan option from ADP.  All yes.  Motion passed.

DISCUSSION:            Insurance Program

 

ACTION:                   Jim Reylea from Marsh Insurance gave a brief presentation.  (See attached). The Council asked Reylea to research the options of having the deductible raised to lower the premium.  Mietzner also asked to explore the prescription card payment.  If the employee paid a higher co-pay on prescriptions would that also cut down on their premium?

 

Alderman Plese made a motion and Alderman Orr seconded to Approve the renewal of the City’s current insurance plan effective April 1, 2006, at 6.32% for HMO and 4.38% for PPO and to offer a higher deductible payment plan and research the prescription card option.  All yes.  Motion passed.

 

DISCUSSION:            Miscellaneous

 

ACTION:                   Catfish Days – Orr stated that he would be bringing a proposal to the next Committee.  He stated Catfish Days will be from July 20-23.

 

DISCUSSION:            Executive Session – Review of Past Executive Session Minutes

 

ACTION:                   Alderman Gilmour made a motion and Alderman Mietzner seconded to go into executive session at 6:50 p.m. All yes motion passed. 

 

                                    Alderman Hoppe made a motion and Alderman Hermes seconded to come out of executive session at 6:55 p.m. All yes. Motion passed.

 

DISCUSSION:            Adjourn

 

ACTION:                   Alderman Plese made a motion and Alderman Johnston seconded to adjourn at 6:57 p.m. All yes. Motion passed.