HomeMy WebLinkAbout04-19-2000 Meeting
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CALLED FINANCE &
APPROPRIATIONS COMMITTEE
COMMITTEE ROOM - APRIL 19,2000
1:45 P.M.
PRESENT: Hons. Bob Young, Mayor, Shepard, Chairman, H. Brigham, Co-
Chairman; Bridges and Williams, members; Randy Oliver, Administrator, Jim Wall,
Attorney, Lon Morrey, Comptroller Brenda Byrd-Pelaez, EEO Officer and Lena J.
Bonner, Clerk of Commission
Also Present: Sylvia Cooper, Augusta Chronicle, and Hons. B. Kuhlke, L Beard, R.
Colclough, Commissioners and Mayor Pro Tem Willie Mays.
Discuss Request for Proposals (RFP's) for Link Deposit Program (Referred by
Investment Policy Subcommittee on April 12, 2000)
Discuss transfer of $IAM from Georgia Investment Pool to Regions Banks
(Referred by Investment Policy Subcommittee on April 12, 2000)
At this time Commissioner H. Brigham gave the committee an overview of the
subcommittee's discussion and recommendations regarding the RFP's and transfer of
funds to Regions Bank.
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Mr. Oliver: The transfer was subject to Regions Bank matching the Georgia
Investment Pool rate of return.
Mr. Bridges. Move for approval.
Mr. Williams Second.
Motion adopted unanimously.
ADJOURNMENT: There being no further business, the meeting was adjourned
Lena J. Bonner
Clerk of Commission
LJB
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