Meeting Agenda
1. Open Meeting
2. Roll Call
3. Items of Business
3.A. Consider a recommendation to the City Council on Resolution 2023-13 authorizing the City of Crete to become a participant of the Nebraska CLASS Trust; and the Declaration of Trust and Interlocal Agreement.
3.B. Consider a recommendation to the City Council on the Omnify Cafeteria Renewal. 
4. Officers' Reports
5. Adjournment
Agenda Item Details Reload Your Meeting
Meeting: June 20, 2023 at 5:00 PM - Finance Committee Meeting
Subject:
1. Open Meeting
Rationale:
  • In accordance with Nebraska law, a copy of the Open Meetings Act can be found in the back of the Council Chambers.
  • Items listed on the agenda may be considered in any order.
Subject:
2. Roll Call
Rationale:
  • Attendance of members will be recorded to determine the presence of a quorum for official actions.
Subject:
3. Items of Business
Rationale:
  • The Committee may discuss or limit discussion on, hear testimony in favor of or in opposition to, or take action to provide a recommendation to the City Council on any matter presented under this title.
Subject:
3.A. Consider a recommendation to the City Council on Resolution 2023-13 authorizing the City of Crete to become a participant of the Nebraska CLASS Trust; and the Declaration of Trust and Interlocal Agreement.
Discussion:
City Administrator Tom Ourada mentioned that this allows for different types of financing investment options. 
City Clerk/Treasurer Jerry Wilcox explained that this is an interlocal agreement between the City, other municipalities, and a third party provider which may be able to provide more competitive lending terms than local lenders. This third party works nationally and could provide the city with additional opportunities. 
Action(s):
Motion Carried:
Approved a recommendation to the City Council on Resolution 2023-13 authorizing the City of Crete to become a participant of the Nebraska CLASS Trust; and the Declaration of Trust and Interlocal Agreement. Carried with a motion by Dale Strehle and a second by Kyle Frans.
  • Kyle Frans: Aye
  • Ashley Newmyer: Aye
  • Dale Strehle: Aye
Attachments:
Subject:
3.B. Consider a recommendation to the City Council on the Omnify Cafeteria Renewal. 
Discussion:
City Administrator Tom Ourada mentioned that this is a renewal that provides employees with the option of this plan, which is deferred tax contributions. 
Action(s):
Motion Carried:
Approved a recommendation to the City Council on the Omnify Cafeteria Renewal. Carried with a motion by Dale Strehle and a second by Kyle Frans.
  • Kyle Frans: Aye
  • Ashley Newmyer: Aye
  • Dale Strehle: Aye
Attachments:
Subject:
4. Officers' Reports
Rationale:
  • Reports may be given by the Mayor, Officers, Departments, or Councilmembers concerning the current operations of the City.
  • No action can be taken on matters presented under this title except to answer any questions or to refer the matter for further action.
Subject:
5. Adjournment

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