Finance Committee

Regular Meeting of the Finance Committee Held in the Conference Room at City Hall July 30, 2015 Notice of this meeting was given to the public in compliance with Sections 10-15-1 through 10-15-4 NMSA 1978 and Resolution 14-36. ROLL CALL The meeting convened at 8:00 a.m. with Chairman Grant presiding and Councilor Henderson present. Councilor Perry participated by telephone with Councilor Sandoval being absent. Staff present: Bill Morris, Martha Morales, Kevin Dillon and Monica Garcia. Guests present: Lendell Nolan, Barbara Gomez, Calder Ezzell, Larry Connolly and Jared Hembree. APPROVAL OF AGENDA Councilor Henderson moved to approve the July 30, 2015 Finance Committee Meeting Agenda as presented. Councilor Perry was the second. A voice vote was unanimous and the motion passed; Councilor Perry participated by telephone with Councilor Sandoval being absent. REGULAR ITEMS Resolution 15-42 – Concerning the distribution of Gross Receipts Taxes on a per capita basis. Ms. Garcia gave a presentation on Resolution 15-42. Councilor Henderson moved to approve Resolution 15-42– Concerning the distribution of Gross Receipts Taxes on a per capita basis. Councilor Perry was the second. A voice vote was unanimous and the motion passed; Councilor Perry participated by telephone with Councilor Sandoval being absent. Lodger’s Tax Request – 5th annual Xcel Energy’s Tour de Ocho Millas. Ms. Garcia gave a presentation on the request for the 5th annual Xcel Energy’s Tour de Ocho Millas. The request is in the amount of $4,000. OTB recommended $2,000. Councilor Henderson moved to approve Lodger’s Tax Request – 5th annual Xcel Energy’s Tour de Ocho Millas on a reimbursement basis for the amount of $2,000. Councilor Perry was the second. A voice vote was unanimous and the motion passed; Councilor Perry participated by telephone with Councilor Sandoval being absent. Lodger’s Tax Request – 34th annual Pecos Valley Potter’s Guild art sale. Ms. Garcia gave a presentation on the request for the 34th annual Pecos Valley Potter’s Guild art sale. The request is in the amount of $1,500. OTB recommended $1,250. Councilor Henderson moved to approve Lodger’s Tax Request – 34th annual Pecos Valley Potter’s Guild art sale on a reimbursement basis for the amount of $1,500. Councilor Perry was the second. A voice vote was unanimous and the motion passed; Councilor Perry participated by telephone with Councilor Sandoval being absent. Lodger’s Tax Request – Eastern New Mexico State Fair. Ms. Garcia gave a presentation on the request for Eastern New Mexico State Fair. The request is in the amount of $54,750. Councilor Henderson moved to approve the Lodger’s Tax Request – Eastern New Mexico State Fair with the recommendation of $12,000.00. Councilor Perry moved to approve the Lodger’s Tax Request – Eastern New Mexico State Fair for the amount of $36,000 on a contract and reimbursement basis. Councilor Grant was the second. A voice vote was 2-1; the motion passed. Councilor Henderson voted no; Councilor Perry participated by telephone with Councilor Sandoval being absent. ADJOURN The meeting adjourned at 8:42 a.m.