Finance Committee

Regular Meeting of the Finance Committee Held in the Conference Room at City Hall Thursday, August 1, 2019 Notice of this meeting was given to the public in compliance with Sections 10-15-1 through 10- 15-4 NMSA 1978 and Resolution 19-37. ROLL CALL The meeting convened at 8:00 a.m. with Chairman Grant presiding; Councilors Henderson, Roebuck, and Stubbs being present. Staff present: Monica Garcia, Mike Matthews, Sharon Coll, Lupita Everett, Chanel Rey, Steve Miko, Becky Hicks, Deanna Garcia, Russell Hardy, Tara Mason, Juanita Jennings, and Juan Fuentes. Guests present: Larry Connolly, Rita Kane-Doerhoefer, and Alison Penn. APPROVAL OF AGENDA Councilor Stubbs moved to approve the August 1, 2019, Finance Committee meeting agenda as presented. Councilor Henderson was the second. A voice vote was unanimous, and the motion passed 4-0. APPROVAL OF MINUTES Councilor Henderson moved to approve the July 2, 2019 regular Finance Committee meeting as presented. Councilor Stubbs was the second. A voice vote was unanimous, and the motion passed 4-0. NON-ACTION ITEMS Informational Reports: Reports were included in the agenda packet. Ms. Garcia handed out the GRT and Salary Analysis reports. Staff was present to answer questions. Tyler Update: Ms. Garcia discussed the Tyler update. ACTION ITEMS Authorization to proceed with separation of the Water and Solid Waste Fund: Mr. Fuentes presented the request for authorization to proceed with separation of the Water and Solid Waste Funds. Staff was present to answer questions. Councilor Henderson moved to authorize separating the Water, Waste Water, Collections, and Landfill into separate funds. Councilor Roebuck was the second. A voice vote was unanimous, and the motion passed 4-0. Resolution 19-XX of Financial Commitment Mass Transit.: Ms. Garcia presented the request for approval of Resolution 19-XX of Financial Commitment for Mass Transit. Staff was present to answer questions. Councilor Stubbs moved to send to full City Council on consent agenda approval of Resolution 19-XX of Financial Commitment Mass Transit. Councilor Roebuck was the second. A voice vote was unanimous, and the motion passed 4-0. Consider approval of RFP-19-006 Financial and Banking Services: Ms. Garcia presented the request for approval of award recommendation for RFP-19-006 Financial and Banking Services and authorization for the city manager to enter into contract negotiations with Wells Fargo Bank N.A. Staff was present to answer questions. Councilor Stubbs moved to send to full City Council on consent agenda approval of RFP-19-006 Financial and Banking Services. Councilor Roebuck was the second. A voice vote was unanimous, and the motion passed 4-0. PUBLIC PARTICIPATION None. ADJOURN The meeting adjourned at 8:42 a.m.