Minutes

Finance Committee — 01/19/2022 Page 11

Finance Committee — 01/19/2022 Page 10
Alderman Klee
This was not scheduled so would this be taking away from something else that was planned?

Camille Correa, Transit Administrator

Finance Committee — 01/19/2022 Page 9

STREET IN THE AMOUNT OF $98,366. FUNDING WILL BE THROUGH DEPARMENT: 186 TRANSPORTATION;
FUND: ACCOUNT 81200 BUILDINGS AND IMPROVEMENTS/FTA GRAND FUNDS, BY ROLL CALL

ON THE QUESTION

Camille Correa, Transit Administrator

This one is for Schroeder Construction. The second one has to do with the retrofit project.

Mayor Donchess

Well anyway go ahead and explain this please.

Camille Correa, Transit Administrator

Finance Committee — 01/19/2022 Page 8

Mayor Donchess

Anyone else?

Alderman Cathey

| have a financial technical question that maybe Alderman Klee could answer because | know she was on Finance before.
Is it better to trade in the vehicle than to keep the vehicle on the books and utilize the depreciation of the asset?

Alderman Klee

Finance Committee — 01/19/2022 Page 7

Alderman Klee

Thank you. | just want to clarify that one of the things is if it is a CERF item, that’s approved separately. The CERF
account is items are approved individually. They’re very specific as to what it is. By the time we purchase it, it may
change a little bit but basically what it is we’re going to buy. If we don’t expend that money, it stays within that account. It
doesn't go back to the taxpayers. Nothing else happens to it. It stays within that particular account.

Finance Committee — 01/19/2022 Page 6

Finance Committee — 01/19/2022 Page 5

Alderman Gouveia

Thank you. Just one quick question. What is the primary use of what the Caterpillar will be used for and then how many
hours a year are we looking to put on this type of machine?

Shawn Smith, NSD Plant Operations Director

Finance Committee — 01/19/2022 Page 4

Finance Committee — 01/19/2022 Page 3

you could share at the meeting and so on. Unless | think it’s something controversy, | agree because they come here,
and they come to every meeting, and then they come to the Board of Aldermen, and every night our staff are at our
meetings. | agree with you unless others have a severe objection to it.

Alderman Jette

Finance Committee — 01/19/2022 Page 2

house wise on Wednesdays, Thursdays and possibly Fridays. So I’m not really for that. | could probably maybe advance
to 6:30 but it could be tight at some times. | cannot go at 6 o'clock.

Mayor Donchess

Allright. So you’re saying because of your House duties 7:00 is really better.
Alderman Klee
Yes.

Mayor Donchess

Well maybe we'll take it up again then once the session is over. | don’t want to inconvenience anybody.

Alderman Comeau