HomeMy WebLinkAbout11-13-17 Fiscal Affairs Committee Minutes CHUCK ENGELKEN,CHAIR OF its
,>p JAY MARTIN
Councilmember District 2 .4 Councilmember District 5
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DARYL LEONARD DOTTIE KAMINSKI
Councilmember District 3 ‘,4;32:0 Councilmember At Large B
Alternate Member
MINUTES OF MEETING OF FISCAL AFFAIRS COMMITTEE
NOVEMBER 13, 2017
The Fiscal Affairs Committee met on November 13, 2017, at 5:00 p.m., in the La Porte City Hall Council
Chambers, 604 West Fairmont Parkway, La Porte, Texas, to consider the following items of business:
1. Call to Order
Chairman Chuck Engelken called the meeting to order at 5:00 p.m. Also present were: Committee
Member Daryl Leonard and Jay Martin. Also present: City Secretary Patrice Fogarty, City Manager
Corby Alexander, Finance Director Michael Dolby, and Treasurer Shelley Wolny.
2. Consider approval or other action regarding minutes of the September 11, 2017 meeting of the
Fiscal Affairs Committee— P. Fogarty
Committee Member Leonard moved to approve the minutes of the September 11, 2017, meeting.
Committee Member J. Martin seconded. MOTION PASSED UNANIMOUSLY 3/0.
3. Receive and review Fourth Quarter(FY2017) Investment Report— M. Dolby
Treasurer Shelley Wolny presented the Fourth Quarter (FY2017) Investment Report. There were no
questions from Committee Members.
4. Receive and review months of June; July and August (FY2017) Purchasing Card Expenditures —
M. Dolby
Purchasing Manager Cherell Daeumer presented June; July and August (FY2017) Purchasing Card
Expenditures. There were no questions from Committee Members.
5. Receive and review the City of La Porte Investment Policy—M. Dolby
Treasurer Shelley Wolny presented the City of La Porte Investment Policy. There were no questions
from Committee Members.
6. Set date for next meeting.
The Committee set March 12, 2018, at 5:00 p.m., as the date and time for the next meeting.
7. Administrative Reports—C. Alexander
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November 13,2017, Fiscal Affairs Committee Minutes
There were no administrative 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, Committee Member Earp moved to adjourn the meeting at
5:11 p.m. Committee Member Leonard seconded. MOTION PASSED UNANIMOUSLY 3/0.
Respectfully submitted,
Patrice Fogarty, •A/Secr:.f
Passed and approved on the 12th day of March, 2017.
Chairman Chuck En elken
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November 13,2017, Fiscal Affairs Committee Minutes