10/15/2002 Meeting Minutes - Laserfiche WebLink

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Council Minutes 10/15/Z002 is involved. It's a situation where people are not dropping out of the sky in order to serve in that position. Finance Director Copfer: 1) The August 2002 month-end revenue and expenditure reports were given to Council on Wednesday, October 2, and September 2002 month-end reports were given to Council today. This evening she distributed to Council a packet which is the beginning of the executive summary report that she is trying to package together for Council, the directors and the Mayor. It shows the comparatives between 2041 and 2002 revenues by fund for revenues and expenditures. If an item sparks interest, the detail reports are available for further review and anyone can call her with questions. 2) She met with RTA's internal audit director on October 10 to discuss the 2001 compliance audit of NOMBL which was performed by RTA. The audit conclusion was rated exemplary again. That credit goes completely to Mr. Terbrack and his staff for managing their budget appropriately. The goal of our RTA contract is that neither party either owes a lot or is getting back a lot from the other party at year's end. The city owed $468, which is inconsequential considering the $4. S million budget. The small amount occurred because of fuel tax reimbursements. This says a lot about Tom Terbrack's excellent management of the NOMBL operations. Councilman McKay, chairperson of the Finance Committee: 1) The committee met on Tuesday, Qctober 8. Present were committee members Limpert and McKay; Couneilpersons Gareau, Nashar, Dailey; President of Council O'Grady; Law Director Dubelko, Finance Director Copfer, City Engineer Deichmann, Treatment Plant Superintendeirt Nichols and Bus Line Manager Terbrack. The committee discussed Ordinance 2002-145, an ordinance providing for the issuance and sale of $200,000 of notes in anticipation of the issuance of bonds to pay costs of acquiring a fire pumper and other related fire apparatus and equipment and declaring an emergency. The funds to pay these notes shall. come from the HoteUMotel tax, some which has already been acquired and some yet to be garnered. Mr. Limpert questioned if this was for equipment already purchased. Mrs. Copfer stated it was for the pumper that was purchased last year. Last year we paid $100,000 of the original $400,000. We will pay $100,000 this year and note out $200,000. Last year we had noted $300,000, and this will pay off the $300,000 we had noted last year. Mr. Gateau asked how much money was received per year. Mrs. Copfer stated approximately $280;000, and there is a balance but other commitments have been made on the balance. Mr. Gateau asked if any plans had been made for future needs, and Mrs. Copfer stated that the Safety Director had updated the plans for new equipment. The committee unanimously recommended approval of Ordinance 2002-145. Councilman Nashar, chairperson of the Building, Zoning and Development Committee: I) The committee met on Tuesday, October 8. Present were committee members McKay, Gateau and Nashar; Council members Limpert and Dailey; Law Lirector Dubelko, Building Commissioner Conway and guest John Nauer from CEI. Agenda items were as follows: 6