Finance Committee - 02/03/2021 Page 5
Mayor Donchess
Anyone else? Alright well the motion is to recommend final passage. Madam Clerk, could you please call the
roll?
A viva voce roll call was taken which resulted as follows:
Yea: Alderwoman Lu, Alderman Harriott-Gathright,
Alderwoman Kelly, Alderman Laws, Alderman O’Brien, Mayor Donchess 6
Nay: 0
MOTION CARRIED
Finance Committee - 02/03/2021 Page 4
Alderwoman Lu
Thank you Mayor Donchess. Just a question through you to Director Fauteux.
Mayor Donchess
Of course.
Director Fauteux
Sure.
Alderwoman Lu
The Legislation said something about there will be expenses for lighting and electricity. Are these expenses
expected to be the same as they were in the past. And also what is that expense roughly?
Director Fauteux
Finance Committee - 02/03/2021 Page 3
Alderman Harriott-Gathright
We have 6 in attendance and we are good.
Mayor Donchess
Alright so the first item on the Agenda is public comment. Is there any member of the public who would like to
address the Committee? (There was none.)
PUBLIC COMMENT - None
COMMUNICATIONS - None
UNFINISHED BUSINESS - None
NEW BUSINESS — RESOLUTIONS
Finance Committee - 02/03/2021 Page 2
Also in Attendance: Alderman-at-Large Benjamin Clemons
Lisa Fauteux, Director of Public Works
Tim Cummings, Director of Economic Development
Kim Kleiner, Administrative Services Director
Kelly Parkinson, Purchasing Manager
ROLL CALL
Mayor Donchess
So Madam Clerk, could you please call the roll?
Alderman Harriott-Gathright
Alderman Patricia Klee?
Mayor Donchess
Alderwoman Klee contacted me to say that she is definitely sick tonight and will not be attending.
REPORT OF THE FINANCE COMMITTEE
FEBRUARY 3, 2021
A meeting of the Finance Committee was held on Wednesday, February 3, 2021, at 7:00 p.m. via
teleconference.
Mayor Jim Donchess, Chairman, presided.
Mayor Donchess
As Chairman of the Finance Committee, | find that due to the State of Emergency declared by the
Governor as a result of the COVID-19 pandemic and in accordance with the Governors Emergency Order
#12 pursuant to Executive Order 2020-04 and subsequent extensions, this public body is authorized to meet
electronically.
Finance Committee - 02/17/2021 Page 19
Alderwoman Lu
That’s not what | am talking about however.
Mayor Donchess
So you want to know how much sold, right and when?
Alderwoman Lu
In past years from 2019 and earlier posted to the web site | guess as a matter of routine there was bond
issuances. And you could look at that and see what that bond paid for. It’s called, | believe, a financial report
or something very vague like that but it is under the Finance Tab.
Mayor Donchess
Finance Committee - 02/17/2021 Page 18
Mayor Donchess
Now | think ...
Alderwoman Lu
| don’t think that’s been posted to the web site either.
Mayor Donchess
In the fall the Triple A Bond Rating was reaffirmed and that occurs when bonds are sold.
Alderwoman Lu
Because | noticed that there are reports for years passed detailing the bond sales and that did not get up their
Finance Committee - 02/17/2021 Page 17
Director Kleiner
| am Mayor, sorry | am looking now, | thought it had been updated, but we will follow up tomorrow and make
sure that it is posted.
Mayor Donchess
And Mr. Griffin is not on here, is he?
Director Kleiner
No, | don’t believe he is. | do know that Rose Evans is currently working on the CAFR Report with our
auditors. | am sorry my internet is slow, | was looking for the budget but we will make sure that it is there.
Finance Committee - 02/17/2021 Page 16
REMARKS BY THE ALDERMEN
Alderwoman Lu
Yes, | have one. Thank you Mayor Donchess. | just wanted to ask about actually maybe it is a discussion but
have we had our, oh darn now | can’t think of the name of it, our annual review?
Mayor Donchess
Audit?
Alderwoman Lu
Yes it’s not an audit but it is a CAFR right?
Mayor Donchess
Well the CAFR is the output from the audit.
Alderwoman Lu
Right. When does that usually come out?
Mayor Donchess
That comes out soon.
Finance Committee - 02/17/2021 Page 15
Alderwoman Lu
Sorry | cut my teeth on Dan Kooken and | think | just, maybe I’m not flexible enough. But thank you, if could
that would be great.
Ms. Parkinson
I’ve got you.
Alderwoman Lu
Thank you.
Mayor Donchess
Alright so we will follow up on that. Any other questions or comments. Alright could the Clerk please call the
roll?
A viva voce roll call was taken which resulted as follows:
