HomeMy WebLinkAbout02-22-2000 CITY OF AUBURN
FINANCE COMMITTEE MINUTES
February 22, 2000
CALL TO ORDER
Chair Jeanne Barber called the meeting to order at 6:30 PM. Chair
Barber, Vice Chair Pete Lewis, and Member Stacey Brothers were
present. Others present included Mayor Charles A. Booth, Finance
Director Diane L. Supler, Assistant Personnel Director Roger Cartwright,
DepUty City Clerk Cathy Richardson, and City Clerk Danielle Daskam.
II. APPROVAL OF MINUTES
Minutes of the February 7, 2000 Finance Committee meeting.
Motion by Vice Chair Lewis, second by Member Brothers to
approve the February 7, 2000 Finance Committee meeting
minutes.
MOTION CARRIED UNANIMOUSLY. 3-0.
III. CONSENT ITEMS
A. Vouchers
Claims
F4.9.5
Claims check numbers 148984 through 149348 in the
amount of $1,214,907.76 for Period 15 and dated February
22, 2000; and a wire transfer to King County Library System
in the amount of $269,987.74.
Payroll
F4.9.2
Payroll check numbers 256989 to 257180 in the amount of
$535,053.56 and electronic deposit transmissions in the
amount of $605,858.96 for a grand total of $1,140,912.52 for
the pay period covering February 3, 2000 to February 17,
2000.
City of Auburn
Finance Committee Minutes
February 22, 2000
Committee members reviewed claims and payroll vouchers.
Committee members briefly discussed the wire transfer to
King County Library System and claims voucher numbers
148984, 149052, and 149071.
Motion by Vice Chair Lewis, second by Member Brothers to
recommend City Council approval of claims and payroll
vouchers.
MOTION CARRIED UNANIMOUSLY. 3-0.
IV.
ORDINANCES AND RESOLUTIONS
Resolution No. 3189
A4.1.9
A Resolution authorizing the establishment of a Medical Savings
Account/Voluntary Employees' Beneficiary Association ("MSA
VEBA") Plan.
Assistant Personnel Director Roger Cartwright presented
Resolution No. 3189 for Committee recommendation. Resolution
No. 3189 was discussed at the February 7, 2000 Committee
meeting, and Mr. Cartwright indicated no changes have been made
to the Resolution.
Motion by Vice Chair Lewis and second by Member Brothers to
recommend the City Council adopt Resolution No. 3189.
MOTION CARRIED UNANIMOUSLY. 3-0.
DISCUSSION ITEMS
Senior Center Financing
Finance Director Supler presented the Committee with a handout
outlining proposed senior center financing alternatives. Mayor
Booth's recommendation, referred to as Financing Alternative No.
2, estimates the project cost to be $2.7 million for the senior center
(library building conversion) remodel. Under the Mayor's proposal,
the project would be financed using $1 million from the Real Estate
Excise Tax I (REET 1) funds and $1 million from the Capital
Page 2
City of Auburn
Finance Committee Minutes
February 22, 2000
VI.
Projects Fund (General Fund). The remaining $700,000 would
come from other financing sources, which include Block Grant
funding and Capital Campaign funds.
Finance Director Supler advised that the Planning and Community
Development Committee reviewed plans for the conversion.
Committee members recommended that the Planning and
Community Development Committee receive a presentation on
proposed Financing Alternative No. 2 for the senior center.
ADJOURNMENT
There being no further business to come before the Committee, the
meeting adjourned at 7:08 PM.
Approved the ~ ay of March 2000.
~nne Barbe~r,'~C~ir '~
Danielle Daskam, City Clerk
f:\clerk\finance\fca~000fcm02-22.doc
Page 3