November 1, 2016 at 5:30 PM - Finance Committee Meeting
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1. Open 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
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2. Roll Call
Rationale:
Attendance of Committee members will be recorded to determine the presence of a quorum for official actions. |
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3. Special Order of Business
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. |
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3.A. 2012 Combined Revenue Refunding Bonds
Rationale:
Reveiw the defeasance of the final payment of the Combined Revenue Bond so that the WWTP financing can be closed prior to the end of the year
Action(s):
No Action(s) have been added to this Agenda Item.
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3.B. WWTP Final Financing
Rationale:
Review the final financing with USDA for the construction of the new WWTP. $11,726,000 @ 1.375% Annual payment $674,140 Annual reserve $94,771
Action(s):
No Action(s) have been added to this Agenda Item.
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3.C. Security and Time Keeping Proposal
Rationale:
Review a proposal for building security and electronic time keeping
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3.D. Purchase Policy
Rationale:
Review an amendment to the employee rules and regulations regarding small purchases
Action(s):
No Action(s) have been added to this Agenda Item.
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4. Officers' Reports
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. |
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5. Adjournment
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. |
