June 6, 2017 at 5:00 PM - Finance Committee Meeting

Rationale: 

The City has posted a copy of the Open Meetings Act, Laws of the State of Nebraska, in the back of the council chambers.  Additional copies are available to read, if anyone wishes one during this meeting, please advise. As each agenda item is considered, if there are any questions concerning the agenda item please advise.  The Committee may consider items listed on the agenda in random order. The City has assisted listening devices available, if needed please advise. This meeting was posted in three public places to-wit:

City Hall - 1st Floor
Post Office - Lobby
City Bank and Trust - Front Entry

Rationale: 

Attendance of Committee members will be recorded to determine the presence of a quorum for official actions.

Rationale: 

The Committee may take action to hear testimony in favor of  or in opposition to, discuss/limit  discussion and take action to approve or disapprove a recommendation to the City Council on any matter presented under this title.

Rationale:  The USDA has notified the City that Loan #1 for the wastewater treatment plant project was closed at a rate that the USDA is not authorized to issue (1.375%) and are required by law to reissue closing documents for the correct rate (1.875%)

Rationale:  Review rate and timeline estimates for issuing the bonds for the City portion of the funding of the project

Rationale:  An agreement for leasing the residence at 228 East 14th for one year

Rationale: 

Reports may be given by Department Heads, other Committees and Council members concerning current operations of the City. Questions may be asked and answered. No action can be taken by the Committee on matters presented under this title except to answer any question posed and to refer the matter for further action.

Rationale: 

The City Council Committee will review the above matters and take such actions as they deem appropriate. The Committee may enter into closed session to discuss any matter on this agenda when it is determined by the Committee that it is clearly necessary for protection of the public interest or the prevention of needless injury to the reputation of an individual and if such and individual has not requested a public meeting, or as otherwise allowed by law. Any closed session shall be limited to the subject matter for which the closed session was called. If the motion to close passes, then the presiding officer immediately prior to the closed session shall restate on the record the limitation of the subject matter of the closed session. The City of Crete assures that no person shall on the grounds of race, color, national origin, age, disability, handicap or sex, be excluded  from participation in, be denied the benefits of, or be otherwise subjected to discrimination under any program or activity of the City receiving Federal financial assistance.  To report discrimination, contact the City Clerk's office.