City and Borough Assembly

ASSEMBLY CHAMBERS CITY AND BOROUGH OF SITKA 1332 Seward Ave. Room 229 Sitka, AK (907)747-1811 Minutes - Final City and Borough Assembly Mayor Mim McConnell Deputy Mayor Matt Hunter Vice-Deputy Mayor Benjamin Miyasato Aaron Swanson, Steven Eisenbeisz Tristan Guevin, and Bob Potrzuski Municipal Administrator: Mark Gorman Municipal Attorney: Robin L. Schmid Tuesday, May 3, 2016 6:00 PM Assembly Chambers Meeting to be held at the Sealing Cove Business Center 601 Alice Loop SPECIAL MEETING I. CALL TO ORDER II. FLAG SALUTE III. ROLL CALL Assembly member Potrzuski attended telephonically. Present: 7 - McConnell, Hunter, Swanson, Miyasato, Eisenbeisz, Guevin, and Potrzuski IV. CORRESPONDENCE/AGENDA CHANGES None. V. PERSONS TO BE HEARD Public Works Director, Michael Harmon introduced Michael Colliver the new Public Works Building, Grounds and Parks Supervisor. VI. NEW BUSINESS: A 16-089 Administrative report on the Internal Service, Special Revenue, and Trust Funds Chief Finance and Administrative Officer, Jay Sweeney, provided an overview of the evening's budget agenda and explained the subject Funds. B 16-085 Discussion/Direction/Decision on proposed Internal Service, Special Revenue, and Trust Funds operating outlays CITY AND BOROUGH OF SITKA Page 1 City and Borough Assembly Minutes - Final May 3, 2016 Chair of the Investment Committee, Mike Reif, stated the Sitka Permanent Fund had not been inflation proofed. He noted since 2000, the take out had been 6% and added the outside management firm, Alaska Growth Capital, recommended a take out of 4%. Based on this recommendation, the Investment Committee urged the Assembly to begin scaling back each year on the percentage. Reif offered a take out of 6% was unsustainable. A motion was made by Hunter to APPROVE the proposed Internal Service, Special Revenue, and Trust Funds operating outlays of $5,308,596. The motion PASSED by the following vote. Yes: 7- McConnell, Hunter, Swanson, Miyasato, Eisenbeisz, Guevin, and Potrzuski C 16-087 Discussion/Direction/Decision on proposed Internal Service, Special Revenue, and Trust Funds capital outlays Maintenance and Operations Superintendent, Nick Kepler, offered an overview and analysis of the Central Garage vehicle and equipment replacement. A motion was made by Hunter to APPROVE the proposed Internal Service, Special Revenue, and Trust Funds capital outlays of $821,200. The motion PASSED by the following vote. Yes: 7- McConnell, Hunter, Swanson, Miyasato, Eisenbeisz, Guevin, and Potrzuski D 16-088 Discussion/Direction/Decision of the FY2017 Internal Service, Special Revenue, Trust Funds, Enterprise Funds or General Fund and as they relate to other Funds, the School District, and the Sitka Community Hospital Assembly members Eisenbeisz and Hunter asked questions of Chief Finance and Administrative Officer, Jay Sweeney, on the Sitka Community Hospital loans. VII. PERSONS TO BE HEARD: None. VIII. EXECUTIVE SESSION None. IX. ADJOURNMENT A motion was made by Miyasato to ADJOURN. Hearing no objections, the meeting ADJOURNED at 7:20pm. ATTEST: ___________________________ Sara Peterson, CMC Municipal Clerk CITY AND BOROUGH OF SITKA Page 2