Finance Committee

1 Regular Meeting of the Finance Committee 2 Held at the Roswell Convention Center 3 Thursday, November 5, 2020 4 5 Notice of this meeting was given to the public in compliance with Sections 10-15-1 6 through 10-15-4 NMSA 1978 and Resolution 20-26. 7 8 ROLL CALL 9 The meeting convened at 9:01 a.m. with Chairman Perry presiding; Councilors Roebuck 10 and Kennard present and Councilor Oropesa being absent. 11 12 Staff present: Juan Fuentes, Joe Neeb, Chanel Rey, Juanita Jennings, Stephanie 13 Mervine, Jeff Bechtel 14 15 Guests present: Mayor Kintigh, Councilor Stubbs 16 17 APPROVAL OF AGENDA 18 Councilor Roebuck moved to approve the November 5, 2020, regular Finance 19 Committee meeting agenda. Councilor Kennard was the second. A voice vote was 3-0, 20 and the motion passed with Councilor Oropesa being absent. 21 22 APPROVAL OF MINUTES 23 Councilor Roebuck moved to approve the October 1, 2020 meeting minutes and 24 Councilor Kennard was the second. A voice vote was 3-0, and the motion passed with 25 Councilor Oropesa being absent. 26 27 NON-ACTION ITEMS 28 Information Reports: 29 GRT Update: Mr. Fuentes presented information on the GRT report. 30 31 CARES Small Business Grant: Mr. Fuentes presented information on the distribution of 32 33 the CARES Grant to small businesses. 34 Lodgers’ Tax Update: Ms. Mervine presented information on the Lodgers’ Tax report. 35 36 ACTION ITEMS 37 Discussion and approval of Ergon Lease Agreement for 13.3974 acres at the Roswell 38 Air Center: Mr. Neeb spoke on the item and reported that they did not reach agreed 39 upon terms for the lease and a public hearing had already been held on the matter. Mr. 40 Neeb answered questions from the committee. No action was taken. 41 42 Consider recommending to City Council Resolution 20-XX Budget Adjustments for 43 FY21 Budget: Mr. Fuentes presented the budget amendments to account for $416,194 44 in revenue and $2,017,295 in expenses from various funds. Councilor Kennard moved 45 to approve to send to full City Council on the consent agenda Resolution 20-XX Budget 1 1 Adjustments for FY21 Budget. Councilor Roebuck was the second. A voice vote was 3- 2 0 and the motion passed with Councilor Oropesa being absent. 3 4 PUBLIC PARTICIPATION 5 None. 6 7 ADJOURN 8 The meeting adjourned at 9:16 a.m. 2