Committee Report - Finance - 5-21-12 — File 193210

May 21, 2012 Finance Committee Page 1 of 3 Printed 5/22/2012 REPORT OF THE FINANCE COMMITTEE Attendee Name Title Status Arrived Maryann M. Heuston Chair Present William A. White Jr. Vice Chair Present John M Connolly Alderman At Large Absent Robert C. Trane Ward Seven Alderman Absent Thomas F. Taylor Ward Three Alderman Present Omar Boukili Administrative Assistant Present Michael Glavin Exec. Director, OSPCD Present Dana LeWinter OSPCD - Housing Present Stan Koty DPW Commissioner Present Ed Bean Director of Finance Present 192760 - City Treasurer/Tax Collector submitting his Treasurer and Tax Collector Public Official Bonds.: RESULT: APPROVED 192814 - Requesting an appropriation of $287,000 from the Water Enterprise Retained Earnings Account for the purchase of new vehicles and equipment for the Water Dept.: The committee heard from Mr. Koty and Mr. Bean, who spoke about retained earnings, the need for these vehicles and a capital plan for the Water and Sewer Department. These vehicles would also be used for snow plowing and sanding operations. RESULT: APPROVED 192926 - Requesting an appropriation of $550,000 from the Sewer Enterprise Retained Earnings Account for the purchase of new vehicles and equipment for the Sewer Dept.: See discussion of item 192814, above.

Committee Meeting May 21, 2012 Finance Committee Page 2 of 3 Printed 5/22/2012 RESULT: APPROVED 192927 - Requesting A Supplemental Appropriation to the Dilboy Enterprise Fund of $30,000.: RESULT: KEPT IN COMMITTEE 193046 - Requesting the acceptance of a $390,396.63 FTA grant administered by MAPC, for a Bike Share system.: The committee discussed possible locations for the bike share stations and was made aware that this grant does not cover the cost of the bicycles needed for the program. RESULT: APPROVED 193099 - Requesting a transfer of $250 in the Information Technology Dept., from the Maintenance Software Account to the Salaries and Wages Account, to cover longevity payments.: RESULT: APPROVED 193100 - Requesting to declare two vehicles in the Fire Department surplus equipment.: RESULT: APPROVED 193186 - Requesting approval of the 2012-2013 HUD One Year Action Plan, for CDBG, HOME, and ESG programming.: Mr. Glavin informed the members that CDBG funding has decreased and that the city needs to be able to leverage funds from entitlement programs that will be available. Alderman White questioned the deadlines and requested additional time to review the plan. RESULT: KEPT IN COMMITTEE 193188 - Requesting a transfer of $12,000 from the DPW Snow Removal Acct. to the DPW Buildings & Grounds Interior Building Maintenance Acct. to procure shelving for the new Teen Space at the Central Library.:

Committee Meeting May 21, 2012 Finance Committee Page 3 of 3 Printed 5/22/2012 RESULT: APPROVED 193189 - Requesting the appropriation of $164,018 from the Capital Stabilization Fund to match the Federal Transportation Administration grant for a bike share system.: RESULT: APPROVED