10-25-10 Special Called Regular Meeting of Fiscal Affairs Committee

Browse Search

MINUTES OF THE REGULAR MEETING OF THE FISCAL AFFAIRS COMMITTEE October 25, 2010 1. Call to Order The meeting was called to order by Chairman Chuck Engelken at 5:00 p.m. Members of Committee Present: Board Members Chuck Engelken, Daryl Leonard, John Zemanek, Tommy Moser and Jay Martin. Members of Committee Absent: None Members of City Council. City Executive Staff and City Employees Present: City Manager Ron Bottoms, Director of Finance Michael Dolby, Treasurer Shelley Wolny, Comptroller Phyllis Rinehart and City Secretary Martha Gillett. Others present: Marylee Nolley, Tom Campbell, Karen Rigby, Stanley Briers, Calvin Speight, Wayne Lord, Alfred Ortega, John Mata, James Ray, Anthony Villarreal and Phillip Hoot 2. Consider approval of Minutes of the Special Called Regular Meeting of Fiscal Affairs Committee held September 13, 2010. Motion was made by Committee Member Moser to approve the minutes as presented. A second by Committee Member Leonard. The motion carried. Ayes: Engelken, Leonard and Moser Nays: None Abstain: None Absent: None 3. Receive and review Second and Third Quarter (FY 2010) Purchasing Card Expenditures - M. Dolby Director of Finance and Comptroller Phyllis Rinehart provided the Second and Third Quarter (FY 2010) Purchasing Card Expenditures. Staff was directed to also break this report by vendors inside and outside of the City. In addition, they requested staff to categorize by fund as well. Staff was also directed to determine what the $800.00 expense with the Houston Chronicle was purchased by Stacy Osborne. 4. Receive and Review the Fourth Quarter (FY 2010) Investment Report - M. Dolby Comptroller Phyllis Rinehart provided the Fourth Quarter (FY 2010) Investment Report and answered questions from the committee.