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Meeting Agenda
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1. Open Meeting
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2. Roll Call
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3. Items of Business
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3.A. Consider Resolution 2025-9 LARM Renewal
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3.B. Consider Resolution 2025-13 authorizing the city to increase the match to Police Officer retirement contributions to 9%
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3.C. Review non-bargaining city retirement
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3.D. Consider amendment to auction agreement
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3.E. Consider the Victor Alarcon settlement
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3.F. Consider ratifying LARM's insurance action on O'Hare Claim C566578153-0001
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4. Officers' Reports
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5. Adjournment
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Agenda Item Details
Reload Your Meeting
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| Meeting: | August 5, 2025 at 5:00 PM - Finance Committee Meeting | ||
| Subject: |
1. Open Meeting
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Rationale:
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| Subject: |
2. Roll Call
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Rationale:
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| Subject: |
3. Items of Business
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Rationale:
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| Subject: |
3.A. Consider Resolution 2025-9 LARM Renewal
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Discussion:
City Administrator Tom Ourada stated that this is for the LARM renewal. City Attorney Anna Burge explained that this to adopt the Resolution 2025-9 LARM Renewal.
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Action(s):
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Attachments:
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| Subject: |
3.B. Consider Resolution 2025-13 authorizing the city to increase the match to Police Officer retirement contributions to 9%
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Discussion:
City Administrator Tom Ourada stated that this is mandated by state statute.
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Action(s):
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Attachments:
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3.C. Review non-bargaining city retirement
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Discussion:
Ourada stated that this is to talk about the non-bargaining employees' city retirement also going up. This will be discussed more, possibly a one-to-one match this year and a one-to-one match next year. Will also address possible cost of living increase at a later meeting.
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3.D. Consider amendment to auction agreement
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Discussion:
City Administrator Tom Ourada stated that the amendment to the auction agreement is changing the date to Saturday, September 6th, 2025.
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Action(s):
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Attachments:
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3.E. Consider the Victor Alarcon settlement
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Discussion:
City Administrator Tom Ourada stated that this is for a rock that hit a vehicle on the 12th Street City Parking lot.
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Action(s):
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3.F. Consider ratifying LARM's insurance action on O'Hare Claim C566578153-0001
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Discussion:
City Administrator Tom Ourada stated that this is to ratify LARM's insurance action on the O'Hare claim C566578153-0001
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Action(s):
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4. Officers' Reports
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Rationale:
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| Subject: |
5. Adjournment
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