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HomeMy WebLinkAbout2010-01-11-Meeting Agenda Finance Committee Meeting Commission Chamber- 1/11/2010- 1:00 PM FINANCE 1. Consider a request from the University of Georgia Terry College of Business regarding city sponsorship through the purchase of tickets for the 2010 Economic Outlook Luncheon. Attachments 2. Consider a request from Alpha Phi Alpha Fraternity, Inc. regarding city sponsorship through the purchase of tickets for the 13th Annual Rev. Dr. Martin Luther King, Jr. Unity Breakfast. Attachments 3. Consider a request from the Augusta South Rotary and ASU ROTC regarding city sponsorship through the purchase of tickets for the annual Jimmy Smith Youth Challenge Academy Scholarship Fundraiser. Attachments 4. Approve property insurance coverage for 2010 offered through FM Global/Affiliated FM for a premium of $257,785 on a $50,000 deductible policy ($100,000 deductible on flood, earthquake and Fort Gordon property). Quote breakdown: $240,285 property coverage, $10,000 engineering fee and $7,500 terrorism coverage. Quote is based on property values of $510,819,207 as of 11/03/09. Attachments 5. Motion to approve a request from Golden Harvest Food Bank to gain an advance on the City's planned disbursement of $250,000 SPLOST VI funds. Attachments 6. Motion to authorize Historic Augusta, Inc. to prepare and submit a 2010 Historic Preservation Fund Grant application on behalf of the City of Augusta in order to complete phase three of a historic resources survey of the Harrisburg-West End Historic District. Phase three will complete the entire neighborhood survey. Attachments 7. Consider a request from the Lucy Craft Laney Museum of Black History regarding city sponsorship through the purchase of tickets for the Fourth Annual Gala for the Lucy Craft Laney Museum of Black History. Attachments 8. Motion to approve the allocation of $150,000 from General Funds or other source for the payment of legal fees for outside counsel for calendar year 2009. Attachments 9. Consider a request from the Augusta Branch of the NAACP regarding city Attachments www.augustaga.gov sponsorship through the purchase of tickets for the 36th Annual Freedom Fund Banquet. 10. Motion to approve the renewal of the lease with the Department of the Navy for the Naval and Marine Corps Reserve Center for the period July 1, 2009 through June 30, 2010. Attachments 11. Approve the continuation of the GPS tracking service subscription for 150 GPS units. Attachments Finance Committee Meeting 1/11/2010 1:00 PM 2010 Economic Outlook Luncheon Department:Clerk of Commission Caption:Consider a request from the University of Georgia Terry College of Business regarding city sponsorship through the purchase of tickets for the 2010 Economic Outlook Luncheon. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 1 Attachment number 1 Page 1 of 2 Item # 1 Attachment number 1 Page 2 of 2 Item # 1 Finance Committee Meeting 1/11/2010 1:00 PM Alpha Phi Alpha Fraternity Inc. Department:Clerk of Commission Caption:Consider a request from Alpha Phi Alpha Fraternity, Inc. regarding city sponsorship through the purchase of tickets for the 13th Annual Rev. Dr. Martin Luther King, Jr. Unity Breakfast. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 2 Attachment number 1 Page 1 of 1 Item # 2 Finance Committee Meeting 1/11/2010 1:00 PM Augusta South Rotary and ASU ROTC Department:Clerk of Commission Caption:Consider a request from the Augusta South Rotary and ASU ROTC regarding city sponsorship through the purchase of tickets for the annual Jimmy Smith Youth Challenge Academy Scholarship Fundraiser. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 3 Attachment number 1 Page 1 of 1 Item # 3 Finance Committee Meeting 1/11/2010 1:00 PM Continue Purchase of Commercial Property Insurance Department:Finance/Risk Management Caption:Approve property insurance coverage for 2010 offered through FM Global/Affiliated FM for a premium of $257,785 on a $50,000 deductible policy ($100,000 deductible on flood, earthquake and Fort Gordon property). Quote breakdown: $240,285 property coverage, $10,000 engineering fee and $7,500 terrorism coverage. Quote is based on property values of $510,819,207 as of 11/03/09. Background:Dawson & Taylor Insurance Agency seeks annual quotes from the insurance market for coverage on buildings and contents. Quotes are obtained from only carriers with an A or better rating. Ten companies were approached for quotes only two companies responding with coverage quotes for the 2010 calendar year. FM Global/Affiliated FM was the low bidder and is providing greater coverage for the exposure. Analysis: Financial Impact:Premium including Terrorism and Engineering Fee for 2010 is $257,785 on property value of $510,819,207. See attached Premium Quotes for Commercial Property Insurance for 2010 which is an overview of coverage and Commercial Property Insurance Quote Documentation. Alternatives:1. Drop coverage and retain risk 2. Reduce premium by only insuring those property representing the largest losses should an event damage these structures (Municipal Building, Law Enforcement Center, RCCI, etc.) Recommendation:Approve insurance coverage for 2010 through FM Global/Affiliated FM as described above for a premium of $257,785. Effective date of coverage is February 1, 2010 through February 1, 2011. Funds are Available in the Following Accounts: 611 015212 REVIEWED AND APPROVED BY: Finance. Law. Cover Memo Item # 4 Administrator. Clerk of Commission Cover Memo Item # 4 Premium Quotes for Commercial Property Insurance Coverage for 2010 Insurance Company Coverage Deductible Premium Quote All Risk with Sub-Limits 1. AFFILIATED FM INSURANCE All Risk: Blanket Limits Includes $10,000 engineering fee and $7,500 Terrorism coverage Includes Boiler & Machinery Flood $100,000,000 Limit Earthquake $100,000,000 Limit Liability limit $500,000,000/occurrence $50,000 $257,785 $50,000 $260,248 2. TRAVELERS All Risk: Blanket Limits Terrorism coverage $3,500 Boiler & Machinery $100,000,000 Limit Flood $50,000,000 Limit Earthquake $50,000,000 Limit 4. DECLINATIONS: CHUBB, GREAT AMERICAN, ONE BEACON, FIREMAN’S FUND, PMA, MONTGOMERY, HARTFORD AND PHILADELPHIA AUGUSTA-RICHMOND COUNTY RISK MANAGEMENT DIVISION OF FINANCE 12/22/09 Attachment number 1 Page 1 of 1 Item # 4 Attachment number 2 Page 1 of 25 Item # 4 Attachment number 2 Page 2 of 25 Item # 4 Attachment number 2 Page 3 of 25 Item # 4 Attachment number 2 Page 4 of 25 Item # 4 Attachment number 2 Page 5 of 25 Item # 4 Attachment number 2 Page 6 of 25 Item # 4 Attachment number 2 Page 7 of 25 Item # 4 Attachment number 2 Page 8 of 25 Item # 4 Attachment number 2 Page 9 of 25 Item # 4 Attachment number 2 Page 10 of 25 Item # 4 Attachment number 2 Page 11 of 25 Item # 4 Attachment number 2 Page 12 of 25 Item # 4 Attachment number 2 Page 13 of 25 Item # 4 Attachment number 2 Page 14 of 25 Item # 4 Attachment number 2 Page 15 of 25 Item # 4 Attachment number 2 Page 16 of 25 Item # 4 Attachment number 2 Page 17 of 25 Item # 4 Attachment number 2 Page 18 of 25 Item # 4 Attachment number 2 Page 19 of 25 Item # 4 Attachment number 2 Page 20 of 25 Item # 4 Attachment number 2 Page 21 of 25 Item # 4 Attachment number 2 Page 22 of 25 Item # 4 Attachment number 2 Page 23 of 25 Item # 4 Attachment number 2 Page 24 of 25 Item # 4 Attachment number 2 Page 25 of 25 Item # 4 Finance Committee Meeting 1/11/2010 1:00 PM Funding Request from Golden Harvest Food Bank Department:Administrator Caption:Motion to approve a request from Golden Harvest Food Bank to gain an advance on the City's planned disbursement of $250,000 SPLOST VI funds. Background:Golden Harvest Food Bank's new facility is an approved project in SPLOST phase VI. The agency has done an outstanding job in raising the required funds and was able to begin and end construction before the start of SPLOST Phase VI. Analysis: Financial Impact:Funds would be advanced from the General Fund. General fund would be reimbursed when SPLOST VI collections begin. Alternatives: Recommendation:Approve the disburements of funds upon the execution of the SPLOST VI Agency contracts. Funds are Available in the Following Accounts: General Fund Fund Balance REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Cover Memo Item # 5 Attachment number 1 Page 1 of 1 Item # 5 Finance Committee Meeting 1/11/2010 1:00 PM Historic Augusta Inc. Department:Clerk of Commission Caption:Motion to authorize Historic Augusta, Inc. to prepare and submit a 2010 Historic Preservation Fund Grant application on behalf of the City of Augusta in order to complete phase three of a historic resources survey of the Harrisburg-West End Historic District. Phase three will complete the entire neighborhood survey. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 6 Attachment number 1 Page 1 of 1 Item # 6 Finance Committee Meeting 1/11/2010 1:00 PM Lucy Craft Laney Museum of Black History Department:Clerk of Commission Caption:Consider a request from the Lucy Craft Laney Museum of Black History regarding city sponsorship through the purchase of tickets for the Fourth Annual Gala for the Lucy Craft Laney Museum of Black History. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 7 Attachment number 1 Page 1 of 1 Item # 7 Finance Committee Meeting 1/11/2010 1:00 PM Motion to Transfer Funds for the Payment of Legal Fees Department:Law Department Caption:Motion to approve the allocation of $150,000 from General Funds or other source for the payment of legal fees for outside counsel for calendar year 2009. Background:The amount of funds allocated for outside counsel legal fees was in adequate for 2009. At the August 4, 2009 Commission Meeting, the Commission approved an initial allocation of an additional $300,000 from contingency funds for the payment of legal fees for outside counsel. Analysis:Augusta-Richmond County's outside counsel legal needs have surpassed the amount of funds allocated for 2009 by approximately $150,000. The total amount of outside legal fees for 2009 (including this request) is consistent with past expenses for outside legal services. Financial Impact:$150,000. Alternatives:Consider employing more in-house counsel to reduce the need for outside legal services. Recommendation:Approve transfer of funds to pay outstanding legal bills. Funds are Available in the Following Accounts: General Fund, Contingency Fund or other fund. August 4th approval for $300,000 from contingency and up to an additional $300,000 from fund balance has been expended. This would be an additional appropriation from fund balance. dbw REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Cover Memo Item # 8 Attachment number 1 Page 1 of 2 Item # 8 Attachment number 1 Page 2 of 2 Item # 8 Finance Committee Meeting 1/11/2010 1:00 PM NAACP Department:Clerk of Commission Caption:Consider a request from the Augusta Branch of the NAACP regarding city sponsorship through the purchase of tickets for the 36th Annual Freedom Fund Banquet. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 9 Attachment number 1 Page 1 of 2 Item # 9 Attachment number 1 Page 2 of 2 Item # 9 Finance Committee Meeting 1/11/2010 1:00 PM Renewal of Lease for Naval and Marine Corps Reserve Center Department:Clerk of Commission Caption:Motion to approve the renewal of the lease with the Department of the Navy for the Naval and Marine Corps Reserve Center for the period July 1, 2009 through June 30, 2010. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Clerk of Commission Cover Memo Item # 10 Attachment number 1 Page 1 of 1 Item # 10 Attachment number 2 Page 1 of 4 Item # 10 Attachment number 2 Page 2 of 4 Item # 10 Attachment number 2 Page 3 of 4 Item # 10 Attachment number 2 Page 4 of 4 Item # 10 Finance Committee Meeting 1/11/2010 1:00 PM Request to Continue GPS Tracking Service Subscription with SignalTrac Department:Finance/Risk Management Caption:Approve the continuation of the GPS tracking service subscription for 150 GPS units. Background:The Vehicle Oversight Program and the purchase of 150 GPS Tracking units were approved by the Commission in November 2008. With the Global Positioning System (GPS) units proving to be very efficient in the areas of changing employee behavior, i.e. reduction in speeding, reduction in idle time, and detection of improper use of vehicles, the Commission approved the purchase of 310 additional units. This would equip all vehicles with a GPS unit with the exception of elected officials (Sheriff, Marshal, etc.). The one year contract for tracking services for the 150 units from the initial purchase will end in January 2010. Fleet Manager reports that fuel consumption, excluding law enforcement vehicles, for 2009 compared with 2008 and 2007 has been reduced. The following figures represent the comparison of Non-Sheriff fleet vehicles and gallons used. 2007 2008 2009 834,955 772,518 631,041 (203,914) Fewer gals than 2007 24% (141,477) Fewer gals than 2008 18% 345,391 # gals saved from 2007 to 2009 There has also been a reduction in the number of at-fault accidents for 2009 when compared to 2006, 2007 and 2008. The graph provided in this agenda item shows the comparison for departments who have GPS units installed on their fleet vehicles. Analysis: Financial Impact:There is a monthly service fee for unlimited service for $25.95/unit which includes data storage. This pricing shows a reduction by the vendor from the current $30.85/unit fee. Funding for the continuing service will be from fund 611-01-5211 53-16210 which has been budgeted for 2010 in the amount of $46,710. No annual contract is necessary; the continuation of service will be open ended, ends when Augusta-Richmond decides the units are no longer necessary. Alternatives:Do not approve the request and have units removed from vehicles Recommendation:Approve the continuation of the GPS Tracking Service for these units as outlined. Funds are Available in the Following Accounts: 611-01-5211 53-16210 Cover Memo Item # 11 REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Cover Memo Item # 11 Attachment number 1 Page 1 of 1 Item # 11