HomeMy WebLinkAbout2019-09-24 Meeting AgendaFinance Committee Meeting Commission Chamber- 9/24/2019- 1:20 PM
FINANCE
1.Motion to approve the minutes of the Finance Committee held
on September 10, 2019.Attachments
www.augustaga.gov
Finance Committee Meeting
9/24/2019 1:20 PM
Minutes
Department:
Presenter:
Caption:Motion to approve the minutes of the Finance Committee held
on September 10, 2019.
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Cover Memo
Item # 1
-t
A
- 911012019Finance Committee Meeting Commission Chamber
ATTENDANCE:
Present: Hons. Fennoy, Chairman; D. Williams, Vice
Chairman; Frantom, member.
Absent: Hon. Hardie Davis, Jr., Mayor; M. Williams, member.
FINANCE
1. Motion to approve the minutes of the Finance Committee held on August 27, Item
2019. Action:
Approved
Motions
Motion
Type
Approve
3-0.
2. Motion to approve Option 2 concerning the Guaranteed Minimum Interest Item
Rate (GMIR) for the fixed annuity investment option in the Nationwide Fixed Action:
Annuity offered in the 457(b) Deferred Compensation Plan. Approved
Motion Text Made By Seconded By
Motion to
approve. Commisioner Commissioner
Motion Passes Sean Frantom Dennis Williams
Motion
Result
Passes
Motion
Result
Passes
Motions
Motion
Type
Approve
Motion Text
Motion to
approve.
Motion Passes
3-0.
Made By
Commisioner
Sean Frantom
Seconded By
Commissioner
Dennis Williams
www.auqustaga.gov
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Item # 1