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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 6 <br />Alternate Member 2 <br />MINUTES OF MEETING OF FISCAL AFFAIRS COMMITTEE <br />JANUARY 27, 2014 <br />The Fiscal Affairs Committee met on January 27, 2014, 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 October 28, 2013, meeting of the Fiscal Affairs <br />Committee — P. Fogarty <br />Committee member Leonard moved to approve the minutes of the October 28, 2013, meeting. <br />Committee member Moser seconded. MOTION PASSED. <br />Ayes: Chairman Engelken, Committee Members Moser and Leonard <br />Nays: None <br />Absent: None <br />3. Receive and review First Quarter (FY 2014) Investment Report — M. Dolby <br />Treasurer Shelley Wolny presented the First Quarter (FY 2014) Investment Report and provided a <br />summary. <br />Committee member Leonard questioned why is there a difference with the average investment <br />returns. Treasurer Wolny responded the difference has to do with timing. <br />4. Receive and review months of September (FY 2013), October (FY2013) and November <br />(FY2013) Purchasing Card Expenditures — M Dolby <br />Finance Director Michael Dolby presented the Purchasing Card Expenditures for months of <br />September (FY 2013), October (FY 2013) and November (FY 2013). <br />5. Discussion regarding Franchise Fee Audit and present results of Request for Proposal <br />(RFP) — M. Dolby <br />Finance Director Michael Dolby presented a summary. <br />Committee members directed the Finance Director to bring this item back to the full City Council. <br />Page 1 of 2 <br />January 27, 2014, Fiscal Affairs Committee Minutes <br />