Laserfiche WebLink
CHUCK ENGELKEN,CHAIR JAY MARTIN <br /> Councilmember District 2 Councilmember District 5 <br /> Committee MemberpF O Altemate Member 1 <br /> DARYL LEONARD A DOTTIE KAMINSKI <br /> Councilmember District 3 v " �'`�.m Councilmember At Large B <br /> Committee Member e ber <br /> Alternate Member 2 <br /> TOMMY MOSER rexAs <br /> Councilmember District 4 <br /> Committee Member <br /> MINUTES OF MEETING OF FISCAL AFFAIRS COMMITTEE <br /> OCTOBER 27, 2014 <br /> The Fiscal Affairs Committee met on October 27, 2014, at 4:30 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 4:31 p.m. Present were: Committee <br /> Member Tommy Moser, Alternate Member 1 Jay Martin and Alternate Member 2 Dottie Kaminski, <br /> who arrived at 4:42 p.m. Absent: Committee Member Daryl Leonard. Also present were City <br /> Secretary Patrice Fogarty, City Manager Corby Alexander, Assistant City Manager Traci Leach, <br /> Finance Director Michael Dolby, Treasurer Shelley Wolny, Controller Phyllis Rinehart, and <br /> Purchasing Manager Cherell Daeumer. <br /> Alternate Member 1 Jay Martin will vote in these proceedings because regular Committee Member <br /> Daryl Leonard is absent. Alternate Member 2 Dottie Kaminski will not vote in these proceedings. <br /> 2. Consider approval of Minutes of the September 22, 2014, meeting of the Fiscal Affairs <br /> Committee—S. Harris <br /> Committee Member Moser moved to approve the minutes of the September 22, 2014, meeting. <br /> Alternate Member 1 Martin seconded. MOTION PASSED. <br /> Ayes: Chairman Engelken, Committee Member Moser and Alternate <br /> Member 1 Martin <br /> Nays: None <br /> Absent: Committee Member Leonard <br /> 3. Receive and review Fourth Quarter(FY2014) Investment Report—M. Dolby <br /> Treasurer Shelley Wolny presented the Fourth Quarter (FY2014) Investment Report and reported <br /> the Portfolio Earnings are 116 percent of what the City budgeted. <br /> 4. Receive and review month of June, July and August(FY2014) Purchasing Card Expenditures <br /> —M. Dolby <br /> Purchasing Manager Cherell Daeumer presented the months of June, July and August (FY2014) <br /> Purchasing Card Expenditures. <br /> 5. Consider approval or other action regarding a recommendation to the La Porte City Council <br /> to amend the City of La Porte's Investment Policy-S. Wolny <br /> Treasurer Shelley Wolny presented a summary. <br /> Page 1 of 2 <br /> October 27,2014, Fiscal Affairs Committee Minutes <br />