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HomeMy WebLinkAboutWeekly Newsletter (2) MINUTES OF THE LONG RANGE FINANCE COMMITTEE November 12, 2014 ROOM 404 The regular meeting of the Long Range Finance Committee was held on Wednesday, November 12, 2014, in Room 404, at Oshkosh City Hall, 215 Church Avenue. The meeting was called to order by Chair Tom Pech Jr., at 5:18 p.m. Members Present: Tom Pech Jr., Bryan Schulz, Matt Lauritch, Jason Hirschberg, Harold Buchholz, and Deb Allison-Aasby Members Absent: Doug Pearson, Jeff Herzig, and Jeff Thoms Staff Present: Trena Larson-Finance Director, Lori Burns – Administrative Assistant – Finance Department, Allen Davis-Director of Community Development, and Brenda Hicks- Sorensen-Interim Economic Development Manager I.Approval of October 8, 2014 Minutes No changes/updates. Motion to approve minutes was made by Hirschberg, Second by Lauritch. Motion passed unanimously. II.Citizen Input None III.Revolving Loan Fund Program Manual – (~5:19 – 5:50 ) Hicks-Sorensen reviewed changes made to the draft manual. Long Range Finance Committee Chair Pech asked for a motion to recommend Revolving Loan Fund Program Manual be presented to City Council. Motion by Hirschberg, second by Buchholz. Motion passed unanimously. IV.Policy on CIP - (5:50 – 6:10) Council is seeking recommendation on policy for a capital improvement program policy. Larson provided workbooks of examples from other communities that could be used to guide the committee in drafting a policy for the City. Larson gave an overview of the current CIP categorizations used: “Gotta Do”, “Need to Do”, and “Should Do”. Larson feels is would be beneficial to also include a numeric rating system for the projects in the proposed policy. V.Set December meeting date and agenda items th Meeting was set for the second Wednesday, December 10 at 5:15. VI.Adjournment . Motion by Buchholz, Second by Allison-Aasby to adjourn. Motion passed unanimously Meeting adjourned at 6:10 p.m.