HomeMy WebLinkAbout09-28-15 Fiscal Affairs Committee Meeting MinutesCHUCK ENGE LKEN, CHAIR
Cou nc ilmember District 2
Committee Member
OARYL LEONARu
C ouncil m ember C>istrict 3
Committee Member
VACANT
Cou ncilmem ber
Committee Member
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JAV MARTIN
Cou ncilmem ber ID i strict 5
Alternate Member I
nOTTIE KAMINS KI
Councilmember At Large B
Alternate Member 2
MINUTES OF MEETING OF FISCAL AFFAIRS COMMITTEE
SEPTEMBER 28, 2015
The Fiscal Affairs Committee met on September 28, 2015, at 5:00 p_m_, in the La Porte City Hall Council
Chambers, 4504 West Fairmont Parkway, La Porte, Texas, to consider the following items of business:
I. Call to Order
Committee Member Leonard called the meeting to order at 5:07 p.m_ Present were: Alternate
Member 2 Dottie Kaminski. Also present: City Secretary Patrice Fogarty, City Manager Corby
Alexander, Finance [Director Michael Dolby, Purchasing Manager (--herell E)aeumer and Controller
Phyllis Rinehart. Alternate Member 1 Jay Martin was absent_ Chairman Engelkean arrived almost
immediately after the meeting had been called to order by Committee Member Leonard.
2_ Consider approval of Minutes of the August 24, 2015, meeting of the Fiscal Affairs
Committee — P_ Fogarty
Chairman Engelken moved to approve the minutes of the August 24, 2015, meeting. Alternate
Member 2 Kaminski seconded. MOTION PASSE_
Ayes: Chairman Engelken, Committee Member Leonard and
Alternate Member 2 Kaminski
Nays: None
Absent: Alternate Member 1 Martin
3_ Review and discuss a proposed Resolution of the City of La Porte, Texas, approving
General Fund Commitments of Fund Balance for Fiscal Year 2014-2015 — M_ Molby
Finance E)irector Michael E)o11:)y presented a summary_
Alternate Member 2 Kaminski moved to approve the General Fund Commitments of Fund Balance
for Fiscal Year 2014-2015 and send to City Council. Committee Member Leonard seconded.
MOTION PASSED.
Ayes: Chairman Engelken, Committee Member Leonard and
Alternate Member 2 Kaminski
Nays: None
Absent: Alternate Member 1 Martin
A. Receive and review the City of La Porte Investment Policy — S_ Wolny
Treasurer Shelley Wolny presented a summary, and no changes were recommended.
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September 28, 2015, Fiscal Affairs Committee Minutes
5. Discussion and possible action regarding Banking Services Request for Proposals — S.
Wolny
44 Treasurer Shelley Wolny presented a summary and reported responses were received from Chase;
Capital One; Wells Fargo and Amegy banks.
Alternate Member 2 Kaminski moved to forward the Banking Services Request for Proposals to City
Council along with a recommendation. Committee Member Leonard seconded. MOTION PASSED.
Ayes: Chairman Engelken, Committee Member Leonard and
Alternate Member 2 Kaminski
Nays: None
Absent: Alternate Member 1 Martin
Present at the meeting was Paula Lowe, auditor with Pattillo, Brown & Hill, who spoke regarding the
upcoming audit.
6. Set date for next meeting — M. Dolby
The Committee set November 9, 2015, at 5:00 p.m., as the date and time for the next meeting.
7. Administrative Reports — C. Alexander
There were no reports.
8. Committee Comments — Matters appearing on agenda; Recognition of community members, city
employees, and upcoming events; Inquiry of staff regarding specific factual information or existing
policy.
There were no Committee comments.
9. Adjourn
There being no further business, the meeting was adjourned at 5:17 p.m.
Respectfully submitted,
i
Patrice Fogarty, Secretary
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Passed and approved on the /`/ / day of aAd_�- , 2-8GW.. /
Chairman Chuck Engelken
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September 28, 2015, Fiscal Affairs Committee Minutes