HomeMy WebLinkAbout2019-10-29 Meeting AgendaFinance Committee Meeting Commission Chamber- 10/29/2019- 1:15 PM
FINANCE
1.Motion to approve the minutes of the Finance Committee held
on October 8, 2019.Attachments
www.augustaga.gov
Finance Committee Meeting
10/29/2019 1:15 PM
Minutes
Department:
Presenter:
Caption:Motion to approve the minutes of the Finance Committee held
on October 8, 2019.
Background:
Analysis:
Financial Impact:
Alternatives:
Recommendation:
Funds are
Available in the
Following
Accounts:
REVIEWED AND APPROVED BY:
Cover Memo
Item # 1
Finance Committee Meeting Commission Chamber - 101812019
ATTENDANCE:
Present: Hon. Hardie Davis, Jr., Mayor; Fennoy, Chairman; D.
Williams, Vice Chairman; Frantom, member.
Absent: Hon. M. Williams, member.
FINANCE
1. Provide notification of fee increase by CSRA Regional Commission and Item
request direction desired by Commission. Action:
Approved
Motions
fr"J:"" Motion rext Made By Seconded By Motion
Result
Motion to approve
asking for a waiver from
the fee adjustment in ^^. -_ -:-: __ _. Commissioner
Approve 20tg and adjust the fees 9"1T** ;;il""'""-^ passes
in2020 with the budget sean rrantom Williams
calendar.
Motion Passes 3-0.
2. Motion to authorize the preparation of the necessary resolution and Item
documentation in order to issue water and sewerage revenue bonds in an Action:
aggregate principal amount not to exceed $21,000,000 (the "Proposed Bonds") Approved
in connection with capital projects supporting the expansion of the Fort
Gordon water and sewerage system as described on Exhibit A; to authorize
Augusta's financial advisor, Davenport & company LLC, to prepare and
distribute a solicitation for proposals to all financial institutions the financial
advisor deems to have an interest; and to bring back to the Commission such
resolution and documentation along with a recommendation as to which
proposal to accept for final approval.
Attachment number 1 \nPage 1 of 2
Item # 1
Motions
Motion m Motion- ------ Motion Text Made BylYPe - ----- -; Result
Motion to
^ approve. Commisioner CommissionerApprove vtotio, passes sean Frantom Dennis williams Passes
3-0.
3. Motion to approve the minutes of the Finance Committee held on September Item10,2019. Action:
Approved
Motions
Motion f,r -1:^_ m___1 f,i r h ^ Motion- """,- Motion Text Made By Seconded By'l'YPe - ----- -'t Result
Motion to
^ approve. Commisioner CommissionerApprove Motion passes Sean Frantom william Fennoy Passes
3-0.
4. Motion to approve the Contribution Agreement between The Georgia Item
Association of Conservation Districts and the Augusta-Richmond County Action:
Board of Commissioners. Rescheduled
Motions
Motion rr 4:^_ m-__r rr r h Motioni;"nf.- Motion Text Made By Seconded By Resutt
Motion to refer this
item to the full CommissionerDefer Commission with no uommlsloner Dennis passes
recommendation. Sean Frantom williams
Motion Passes 3-0.
www.augustaga.gov
Attachment number 1 \nPage 2 of 2
Item # 1