COMMITTEE:          Finance and Land Acquisition Committee

 

DATE:                        September 19, 2006

 

TIME:                        6:30 p.m.

 

MEMBERS

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

 

ABSENT:                   Plese

 

NON-MEMBERS

PRESENT:                 Mayor Roy Strong, City Administrator John McIntyre, Executive Secretary Sheryl Puracchio, Accounting Supervisor Robin Theobald, City Attorney Eric Hanson

 

DISCUSSION:           Minutes

 

ACTION:                   Alderman Hermes made a motion and Alderman Mietzner seconded to open the meeting at 6:35 p.m. All yes. Motion passed.

 

                                    Alderman Orr made a motion and Alderman Mietzner seconded to Approve the minutes as corrected to read “in the future developers will incur the costs” and have them place on file.  All yes. Motion passed.

 

DISCUSSION:           Approval of Financial Reports

 

ACTION:                   Committee reviewed the financial reports.

 

DISCUSSION:           Accounts Payable

 

ACTION:                   Theobald explained the necessity to approve the payables twice a month as it had been done in the past.  The Committee agreed and this policy will be implemented immediately.

 

DISCUSSION:           Audit Review

 

ACTION:                   The auditor just received the Police Pension information today so the review will take place at the next Council meeting.  Theobald said the revenues are up and the only account that has gone over budget is the building & grounds fund due to unexpected repairs, such as the ones to the lights at the Children’s Memorial Park.

 

DISCUSSION:           Adjourn

 

ACTION:                   Alderman Gilmour made a motion and Alderman Mietzner seconded to adjourn at 6:46 p.m. All yes. Motion passed.