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HomeMy WebLinkAbout2015-07-14-Meeting Mintues Finance Committee Meeting Commission Chamber - 7/14/2015 ATTENDANCE: Present: Hons. Sias, Vice Chairman; Frantom and Hasan, members. Absent: Hon. Hardie Davis, Jr., Mayor; Guilfoyle, Chairman. FINANCE 1. Motion to approve the minutes of the Finance Committee held on June 9, 2015. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 3-0. Commissioner Ben Hasan Commisioner Sean Frantom Passes 2. Receive as information financial reports for the period ended June 30, 2015. Item Action: Approved Motions Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve receiving this item as information. Motion Passes 3-0. Commisioner Sean Frantom Commissioner Ben Hasan Passes 3. Motion to appove the transfer of Surplus City Owned property, located at 4924 Old Waynesboro Road, to sell to potential buyer. Item Action: Approved Motions www.augustaga.gov Motion Type Motion Text Made By Seconded By Motion Result Approve Motion to approve. Motion Passes 3-0. Commissioner Ben Hasan Commisioner Sean Frantom Passes Finance Committee Meeting 7/14/2015 1:05 PM Attendance 7/14/15/ Department: Caption: Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Finance Committee Meeting 7/14/2015 1:05 PM Minutes Department:Clerk of Commission Caption:Motion to approve the minutes of the Finance Committee held on June 9, 2015. Background: Analysis: Financial Impact: Alternatives: Recommendation: Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Finance Committee Meeting 7/14/2015 1:05 PM Receive as information 2nd Quarter Financial Report Department:Finance Caption:Receive as information financial reports for the period ended June 30, 2015. Background:Periodic financial reports are presented to keep the commission apprised of the financial condition of the organization. Analysis: Financial Impact: Alternatives: Recommendation:Receive as information Funds are Available in the Following Accounts: REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission Finance Committee Meeting 7/14/2015 1:05 PM Request transfer of City Owned Property to Augusta, Georgia Land Bank Authority Department:Land Bank Authority Caption:Motion to appove the transfer of Surplus City Owned property, located at 4924 Old Waynesboro Road, to sell to potential buyer. Background:This property owned by the City of Augusta will be sold for the purpose of adding to adjacent property, for the highest and best use. Analysis:See Background Financial Impact:The property will be sold for $6,500. Alternatives:Do not aprrove Recommendation:Approve Funds are Available in the Following Accounts: N/A REVIEWED AND APPROVED BY: Finance. Law. Administrator. Clerk of Commission