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CHUCK ENGELKEN, CHAIR <br />Councilmember District 2 <br />Committee Member <br />DARYL LEONARD <br />Councilmember District 3 <br />Committee Member <br />TOMMY MOSER <br />Councilmember District 4 <br />Committee Member <br />JAY MARTIN <br />Councilmember District 5 <br />Alternate Member 1 <br />DOTTIE KAMINSKI <br />Councilmember At Large B <br />Alternate Member 2 <br />MINUTES OF MEETING OF FISCAL AFFAIRS COMMITTEE <br />OCTOBER 28, 2013 <br />The Fiscal Affairs Committee met on October 28, 2013, at 5:00 p.m., in the La Porte City Hall Council <br />Chambers, 604 West Fairmont Parkway, La Porte, Texas, to consider the following items of business: <br />1. Call to Order <br />Chairman Chuck Engelken called the meeting to order at 5:00 P.M. Present were Committee <br />Members Tommy Moser and Daryl Leonard, and Alternate Member 1 Jay Martin. Also present <br />were City Secretary Patrice Fogarty, City Manager Corby Alexander, Assistant City Manager Traci <br />Leach, Finance Director Michael Dolby, Controller Phyllis Rinehart and Treasurer Shelley Wolny. <br />Alternate member 2 Dottie Kaminski was absent. <br />2. Consider approval of Minutes of the September 9, 2013, meeting of the Fiscal Affairs <br />Committee — P. Fogarty <br />Committee member Leonard moved to approve the minutes of the September 9, 2013, meeting. <br />Alternate Member 1 Martin seconded. MOTION PASSED. <br />Ayes: Chairman Engelken, Committee Members Moser and Leonard <br />Nays: None <br />Absent: None <br />3. Review and review Fourth Quarter (FY 2013) Investment Report — M. Dolby <br />Treasurer Shelley Wolny presented the Fourth Quarter (FY 2013) Investment Report and provided <br />a summary. <br />4. Receive and review months of June (FY 2013), July (FY2013) and August (FY2013) <br />Purchasing Card Expenditures — M Dolby <br />Finance Director Michael Dolby presented the Purchasing Card Expenditures for months of June <br />(FY 2013), July (FY 2013) and August (FY 2013). <br />Chairman Engeiken questioned a $1,439.00 purchase out of the 2010 Certificate of Obligation Fund <br />for the month of June (FY2013). Finance Director responded it was a purchase that was charged to <br />the 2010 Certificate of Obligation Fund. City Manager Corby Alexander requested Mr. Dolby to <br />verify the transaction; Mr. Dolby located it and stated it was a pump. <br />5. Receive and review Investment Policy — M. Dolby <br />Treasurer Shelley Wolny presented the Investment Policy. <br />6. Set date for next meeting — M. Dolby <br />The Committee set January 27, 2014, at 5:00 p.m., as the date and time for the next meeting. <br />Page 1 of 2 <br />October 28, 2013, Fiscal Affairs Committee Minutes <br />