HomeMy WebLinkAbout05-24-2004 Meeting
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FINANCE & APPROPRIATIONS
COMMITTEE
COMMITTEE ROOM - May 24, 2004
2:00P.M.
PRESENT: Hons. Boyles, Chairman; Beard, Co-Chairman; Grantham, member;
Steve Shepard, Attorney; George Kolb, Administrator; David Persaud, Finance Director;
Teresa Smith, Public Works Director; Lena Bonner, Clerk of Commission.
ABSENT: Hon. Bob Young, Mayor and Williams, member.
Also Present: Hons. Colclough and Hankerson,. Commissioners.
The Clerk: We have an addition to discuss/review SPLOST III report.
Mr. Grantham: I make a motion we put in on there.
Mr. Chairman: Second.
Motion adopted unanimously.
1. Presentation from Mr. Rick Toole, Chairman of Main Street Augusta,
regarding MSA Initiative BrandingAugusta's Central Business District
(Requested by Commissioner Beard)
Mr. Toole made a presentation outlining the activities in the Main Street
organization and their efforts toward branding an identity for Augusta's downtown area.
He noted that the Adams Group from Columbia, South Carolina was selected to promote
the branding for the downtown Augusta area. A representative from this group made a
short presentation about the concept of branding and the development of a program of
research to work toward a strategic plan. Mr. Toole stated that they have received
pledges of monetary support from various companies and organizations in the area to
support this effort and requested that the city contribute $10,000 as their portion of the
cost.
Mr. Grantham: I'll put it in the form of a motion that we accept this presentation
and make a contribution of$10,000 from our contingency fund and support this effort of
branding.
Ms. Beard: Second.
Mr. Chairman: How much do we have in contingency?
Mr. Persaud: I think you started the year out with about $400,000.
Mr. Hankerson: I think we need to be concerned about taking the funds out of
contingency at this time when we're discussing the matter of the budget.
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Mr. Shepard: You have the promotion account.
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After further discussion, Mr. Grantham: Let me amend the motion that we pass
the concept and the idea and that we instruct the Administrator to find the money whether
it be out of contingency or any other form of promotional account or whatever that we
can get this from.
Motion adopted unanimously.
2. Authorize Proposed Water and Sewerage Revenue Bonds in an amount not
to exceed $160 million.
Ms. Beard: I so move.
Mr. Grantham: I'll second.
Motion adopted unanimously.
Mr. Chairman: Some time ago I asked for a report on our SPLOST funds from
our Internal Auditor and he is now ready to give us that "report.
Mr.-J. T. Cosnahan presented a report on the funds in Phase I, Phase II and Phase
ill SPLOST.
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After a discussion of the report, Mr. Chairman: Could someone make a motion
that Ms. Smith, Mr. Persaud, the Administrator and the Finance Chairman review the list
of projects that fit the appropriate categories of Phases I and IT and report back to the
Finance workshop on June 2?
Mr. Cosnahan: We'd like to be involved also.
Mr. Chairman: That's fine and any other departments that need to be involved.
And we can review any additional projects that need to be completed as presented by
individual commissioners. That would get us started.
Ms. Beard: I so move.
Mr. Grantham: Second.
After additional discussion, Mr. Chairman: I would also like to include the
attorney in our discussions.
Motion adopted unanimously.
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ADJOURNMENT: There being no further business, the meeting was adjourned.
Lena J. Bonner
Clerk of Commission
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FINANCE & APPROPRIATIONS
AGENDA
COMMITTEE ROOM.;.Mav 24. 2004
2:00 P.M.
. 1. Presentation from Mr. Rick Toole. Chairman; of Main' Street Augusta regarding
MSA Initiative"Branding Augusta's Central Business Dirtrict,(Requested by
Commissioner Beard). .
2. Authorize Proposed Water and Sewerage Revenue Bonds in anmnount not to
exceed $160 million.