CITY OF
PICKERINGTON
FINANCE COMMITTEE OF
COUNCIL
CITY HALL, 100 LOCKVILLE ROAD
THURSDAY,
JULY 15, 2004
REGULAR
MEETING
7:30
P.M.
1. ROLL CALL. Mrs. Riggs called the meeting to order at 7:30 P.M., with roll call as follows: Mr. Hackworth, Mrs. Riggs, and Mr. Wright were present. Mr. Wisniewski was absent. Others present were: Michael Sabatino, Mitch O’Brien, Judy Gilleland, Frank Wiseman, Lynda Yartin, Linda Fersch, Susan Crotty, and others.
2. APPROVAL OF MINUTES OF June 17, 2004, Regular Meeting. Mr. Wright moved to approve; Mrs. Riggs seconded the motion. Roll call was taken with Mr. Hackworth, Mr. Wright, and Mrs. Riggs voting “Yea.” Motion passed, 3-0.
3. FINANCE DIRECTOR:
A. Review and request for motion to approve draft ordinance amending appropriation ordinance 2003-97. Mrs. Fersch stated the Committee had received a draft appropriation ordinance. She stated she was requesting an increase in the Law Enforcement Seizure Fund of $18,013.62 as additional funds were received from the Drug Task Force and the Chief would like to purchase equipment; an increase of $46,597 in the Police Facilities Fund for debt payment to close out the fund; an increase of $7,000 in the General Fund as funds were needed to meet the Manager’s contract agreement; and, an increase of $1,000 in the Downtown Revitalization Fund for the Buy a Brick campaign. Mrs. Fersch stated we received money for the Buy a Brick, and this is just a pass through. Mr. Wright moved to approve and forward to Council; Mr. Hackworth seconded the motion. Mr. Wright inquired what equipment was being purchased with the Drug Task Force money, and Mrs. Fersch stated she was not sure but she would find out and let him know. Roll call was taken with Mr. Wright, Mrs. Riggs, and Mr. Hackworth voting “Yea.” Motion passed, 3-0.
B. Finance Director’s Report:
(1) Health Department. Mrs. Fersch stated she had provided a written report to the Committee and she would be happy to answer any questions.
(2) CORMA. Mrs. Fersch stated she would be attending a meeting next week.
(3) Investments. Mrs. Fersch stated she the interest rates are going up and she was able to invest money for the utility department at 1.59 percent for a short term.
C. Review and discussion regarding obtaining Moody’s Rating. Mrs. Fersch stated she would like to discuss this at the next meeting when she has the complete information package. Mrs. Riggs stated she would like this continued on the agenda.
Mrs. Fersch stated she had been notified today of the amount we would be receiving on the Windmiller/Diley TIF. She stated she had estimated $24,500 to be paid on the principal and she would like to increase it by another $30,000. Mrs. Fersch stated she felt we could pay $54,500, and that would help on that note issue that is due in September. Mrs. Fersch stated there will be no funds coming in on the Cycle Way TIF and she, therefore, cannot pay the $30,000 she had estimated. Mrs. Fersch stated the remaining TIFs will remain the same. Mrs. Fersch stated she would request an appropriation for this adjustment at the next meeting, but she would request a motion from this Committee authorizing her to pay the additional $30,000. Mr. Wright moved to approve the payment of an additional $30,000 on the Windmiller/Diley TIF; Mr. Hackworth seconded the motion. Roll call was taken with Mrs. Riggs, Mr. Hackworth, and Mr. Wright voting “Yea.” Motion passed, 3-0.
4. PERSONNEL: No Report.
5. DEVELOPMENT DEPARTMENT: Ms Crotty stated she had provided a written report on all of her topics and she would answer any questions. Ms Crotty stated the Rt 33 S.E. Regional Growth Alliance will have their annual organizational meeting in August.
A. Development Director’s Report:
(1) Chamber of Commerce Report.
(2) Rt. 33 S.E. Regional Growth Alliance Report.
(3) Fairfield County Visitor’s and Convention Bureau Report.
(4) Mid-Ohio Regional Planning Commission Report.
B. Project Updates
(1) Business Retention and Expansion Study.
6. LEGAL DEPARTMENT:
A. Monthly review of law director services. Mrs. Riggs ascertained the Committee had received a copy of Mr. Mapes’ monthly report and there were no questions.
7. CHAIRMAN: Mrs. Riggs stated she had nothing to bring forward.
8. OTHER BUSINESS:
A. Discussion regarding monthly reports. Ms Gilleland stated she would like to have this continued on the agenda for the next meeting.
Mr. Wiseman stated at the last meeting the Committee had requested additional information regarding the Chamber’s request for $3,000 to be used in the radio spots and he had provided that information tonight. Mr. Wiseman stated if the Committee would like to review the information it could be dealt with at the next meeting.
9. MOTIONS:
A. Motion for an Executive Session under Section 121.22(G)(1)(b), Matters involving an employee’s or public official’s employment, Section 121.22(G)(2), Purchase or sale of public property, Section 121.22(G)(3), Conference with law director regarding pending or imminent court action, and Section 121.22(G)(4), Matters involving bargaining sessions with public employees. Mrs. Riggs moved for an Executive Session under Section 121.22(G)(2), Purchase or sale of public property, and Section 121.22(G)(3), Conference with law director regarding pending or imminent court action; Mr. Wright seconded the motion. Roll call was taken with Mr. Hackworth, Mr. Wright, and Mrs. Riggs voting “Yea.” Motion passed, 3-0.
Finance Committee adjorned to Executive Session at 7:45 P.M., and reconvened in open session at 9:45 P.M.
Mrs. Riggs moved to approve and forward to Council an ordinance authorizing the City Manager to enter into a contract with Michael L. Grim and Melissa L. Grim for the purchase of 350 Diley Road with emergency language; Mr. Hackworth seconded the motion. Roll call was taken with Mrs. Riggs, Mr. Wright, and Mr. Hackworth voting “Yea.” Motion passed, 3-0.
Mr. Wright moved to adjourn back into Executive Session under Section 121.22(G)(3), Conference with law director regarding pending or imminent court action; Mr. Hackworth seconded the motion. Roll call was taken with Mrs. Riggs, Mr. Hackwroth and Mr. Wright voting “Yea.” Motion passed, 3-0.
Finance adjourned to Executive Session at 9:47 P.M. and reconvened in open session at 10:40 P.M.
10. ADJOURNMENT. There being nothing further, Mr. Wright moved to adjourn; Mr. Hackworth seconded the motion. Mr. Hackworth, Mr. Wright, and Mrs. Riggs voted "Aye." Motion carried, 3-0. The Finance Committee adjourned at 10:42 P.M., July 15, 2004.
RESPECTFULLY SUBMITTED:
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