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Finance Committee

Regular Meeting

League City, TX · March 22, 2021

AgendaMinutes

Minutes

MINUTES FINANCE COMMITTEE MARCH 22, 2021 The meeting of the Finance Committee was called to order by Gabe Allen on March 22, 2021 at 4:05 p.m. by telephone or video conference in order to advance the public health goal of limiting face-to-face meetings (also called “social distancing”) to slow the spread of the Coronavirus (COVID-19). Present at the meeting were Gabe Allen, Nick Long, Francis Fontana, Traci Jacobs, John Camp, Peggy Zahler, Deanna Legge, Zak Kone, Kristine Polian, Michelle Villarreal, Brandi Hamilton, Candace Brown, Edward Sellar, Scott Gruber, and Ann Williams. Approval of minutes from the February 22, 2021 Meeting Peggy Zahler made a motion to waive the reading of the minutes and to approve the minutes as presented. Traci Jacobs seconded the motion. The motion passed, all-in-favor. Citizen Comments There were no citizen comments. December 31, 2020 Investment Report Scott Gruber, Meeder Investment Managers, presented the investment report. Some discussion ensued. Cash Processing and Handling Follow-up Audit – Preliminary Report Candace Brown, Internal Auditor, presented the Cash Processing and Handling Follow-up Audit, Preliminary Report. There were several questions from the committee and discussion ensued. Consider and Take Action to Vote in Chair-Person and Vice-Chair-Person Nick Long made a motion to vote Gabe Allen as Chair-Person by Acclamation. Motion passed all-in-favor. Nick Long made a motion to appoint Peggy Zahler as Vice-Chair-Person. Gabe Allen seconded the motion. The motion passed all-in-favor. Consider and Take Action to Excuse Absences There was no action Staff Comments The new members of the committee, Francis Fonatana and John Camp were introduced. Each new member gave a brief introduction of themselves. Committee Member Comments Gabe Allen welcomed new committee members. Adjournment Peggy Zahler made a motion to adjourn. Gabe Allen seconded the motion. The meeting was adjourned at approximately 5:06 p.m. ________________________________________ Chairperson

Agenda

AGENDA THE CITY OF LEAGUE CITY FINANCE COMMITTEE REGULAR MEETING MARCH 22, 2021 – 4:00 P.M. NOTICE IS HEREBY GIVEN in accordance with order of the Office of the Governor issued March 16, 2020, the Finance Committee will conduct its Regular Meeting scheduled for 4:00 p.m. on March 22, 2021, by telephone or video conference in order to advance the public health goal of limiting face-to-face meetings (also called “social distancing”) to slow the spread of the Coronavirus (COVID-19).The public may view, listen or comment during the meeting proceedings by accessing this web link: https://www.leaguecity.com/FinanceCommitteeMeetingMarch22 1. CALL TO ORDER AND ROLL CALL OF MEMBERS 2. APPROVAL OF MINUTES FROM THE FEBRUARY 22, 2021 COMMITTEE MEETING 3. CITIZEN COMMENTS 4. DECEMBER 31, 2020 INVESTMENT REPORT 5. CASH PROCESSING AND HANDLING FOLLOW-UP AUDIT- PRELIMINARY REPORT 6. CONSIDER AND TAKE ACTION TO VOTE IN CHAIR PERSON AND VICE-CHAIR PERSON 7. CONSIDER AND TAKE ACTION TO EXCUSE ABSENCES 8. STAFF COMMENTS 9. COMMITTEE MEMBER COMMENTS 10. ADJOURNMENT ______________________________ KRISTINE A. POLIAN DIRECTOR OF FINANCE CERTIFICATE OF NOTICE This is to certify that the above Notice was posted on the bulletin board of City Hall of the City of League City, Texas, on this the 19TH day of March, 2021, prior to 4:00 p.m. and was posted in accordance with the Texas Open Meetings Act, Chapter 551, Government Code. NOTE: In compliance with the Americans with Disabilities Act, this facility is wheelchair accessible, and accessible parking spaces are available. Requests for accommodations or interpretive services must be made at least 48 hours prior to this meeting. Please contact the City Secretary's Office at (281) 554-1031 or FAX (281) 554-1035.

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