Finance Committee

Regular Meeting of the Finance Committee Held in the Conference Room at City Hall September 8, 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 8:03 a.m. with Chairman Grant presiding and Councilors Perry and Sandoval being present; with Councilor Henderson being absent. Staff present: Bill Morris, Martha Morales, Jonathan Phillips and Monica Garcia. Guests present: Judy Stubbs, Larry Connolly and Romo Villegas. APPROVAL OF AGENDA Councilor Sandoval moved to approve the September 8, 2015 Finance Committee Meeting Agenda as presented. Councilor Perry was the second. A voice vote was unanimous and the motion passed with Councilor Henderson being absent. APPROVAL OF MINUTES Councilor Sandoval moved to approve the minutes of the July 30, 2015 Finance Committee meeting. Councilor Perry was the second. A voice vote was unanimous and the motion passed with Councilor Henderson being absent. REGULAR ITEMS Resolution No. 15-49 – Reimbursement Resolution. Ms. Garcia gave a presentation on Resolution No. 15-49. Councilor Sandoval moved to approve Resolution No. 15-49 – Reimbursement Resolution. Councilor Perry was the second and the motion passed with Councilor Henderson being absent. Resolution No. 15-50 – Providing for Depository and Financial Authorization for Investment. Ms. Garcia gave a presentation on Resolution No. 15-50. Councilor Perry moved to approve Resolution No. 15-50 – providing for depository and financial authorization for investment. Councilor Sandoval was the second and the motion passed with Councilor Henderson being absent. Resolution No. 15-55 – MainStreet Roswell MOU Agreement. Ms. Garcia gave a presentation on the MainStreet Roswell MOU Agreement. The level of support from the City has changed recently from the previous eight years of financial support in the amount of $30,000 annually to $40,000 annually. Councilor Perry moved to approve Resolution No. 15-55 – Main Street Roswell MOU Agreement with the request of including the budget adjustment in the next Finance Committee meeting agenda. Councilor Sandoval was the second and the motion passed with Councilor Henderson being absent. Roswell Hispano Chamber of Commerce – Agreement approval/ Request for support. Ms. Garcia gave a presentation on the Roswell Hispano Chamber of Commerce. Committee members discussed the agreement with Mr. Villegas. After further discussion Staff, Committee members and Mr. Villegas agreed to include the Roswell Hispano Chamber of Commerce – agreement approval/ request for support in the next Finance Committee meeting agenda. ADJOURN The meeting adjourned at 8:38 a.m.