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City Council Finance Committee

Regular Meeting

Huntsville, TX · December 3, 2019

AgendaMinutes

Minutes

Finance Committee Minutes December 3, 2019 Members Present: Joe Rodriquez, Paul Davidhizar, Russell Humphrey, and Dee Howard Mullins Staff Present: Steve Ritter, Aron Kulhavy, Kevin Lunsford, Ram Ramachandra, Brent Sherrod, Marcy Metz The agenda items discussed were: • Approved the minutes from the November 19,2019 meeting. • Discussed a budget amendment for FY 2020 for paying for attorney fees related to the annexation lawsuit – no opposition by any of the Finance Committee members • Discussed a budget amendment for FY 2020 for adding fees to the Schedule of Fees and Charges for Sharable Mobility devices – no opposition by any of the Finance Committee members • Aron Kulhavy shared with the members various details of the Proposition 2 debt including history of projected cost, where monies are coming from to pay for the new debt (including the allocation between General Debt Service and the Utility Fund), monies already budgeted for preliminary design Architecture/Engineering costs, the need to get the debt issued before the end of FY 19-20, and possible availability of unused General Debt Service monies (possibly $81K annually) to use on potentially issuing some Certificates of Obligation to fund some additional General CIP projects for about $1.6M. – committee members were open to using the $81K in this manner

Agenda

CITY OF HUNTSVILLE, TEXAS Andy Brauninger, Mayor Joe Rodriquez, Ward 4, 2020 Chairman Paul Davidhizar, At-Large Position 1 Russell Humphrey, Ward 2 Dee Howard Mullins, At-Large Position 2 HUNTSVILLE CITY COUNCIL FINANCE COMMITTEE AGENDA TUESDAY, DECEMBER 3, 2019 - 8:30 A.M. CITY COUNCIL CONFERENCE ROOM HUNTSVILLE CITY HALL, 1212 AVENUE M, HUNTSVILLE, TEXAS 77340 Persons with disabilities who plan to attend this meeting and who may need auxiliary aids or services are requested to contact the City Secretary’s office (936.291.5413), two working days prior to the meeting for appropriate arrangements. 1. CALL TO ORDER 2. DISCUSSION/CONSIDERATION The Finance Committee will hear presentations, discuss and may consider recommendations to the City Council on the following items. a. Approve minutes of November 19, 2019 meeting b. Discussion of proposed Budget Amendments c. Discussion of Bond Proposition #2 for City Services buildings 3. ADJOURNMENT It is possible that a quorum of the City Council may be present, but the Council will not be deliberating or taking any action at this meeting. Councilmembers in attendance who are not members of the Finance Committee will not offer comment or otherwise participate in the Finance Committee meeting. CERTIFICATE I, Brenda Poe, do hereby certify that a copy of the December 3, 2019, Finance Committee Meeting Agenda was posted on the City Hall bulletin board, a place convenient and readily accessible to the general public at all times, and to the City’s website, www.HuntsvilleTX.gov, in compliance with Chapter 551, Texas Government Code. DATE OF POSTING: 11/29/19 Brenda Poe ________________________________________ TIME OF POSTING: 8:25 pm Brenda Poe, City Secretary DATE TAKEN DOWN:

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