Kentwood Committees & Boards
Finance Committee (Back to index)
Minutes for 10/18/2011
APPROVED MINUTES OF THE
FINANCE COMMITTEE
October 18, 2011
Conference Room #119
6:30 P.M.
Present: Commissioners: Chairperson Sharon R. Brinks, Richard Clanton, Frank Cummings, and Mayor Richard L. Root. Also present: Commissioners Michael Brown, Robert Coughlin, Ray VerWys, Finance Director Tom Chase, Information Systems Manager Bill Dudgeon, City Clerk Dan Kasunic City Engineer Steve Kepley, Police Chief Richard Mattice and Public Works Director Ron Woods. Also: Grand Rapids Press Julie Makarewicz and George Vitta of Asset Strategies.
1. FIRE TECHNICAL RESCUE TRAILER FOR THE FIRE DEPARTMENT.
Motion by Cummings, seconded by Clanton, to recommend to the City Commission to authorize the purchase of a replacement Technical Rescue Trailer from Look Trailers at a cost not to exceed $11,747.00 from the Fire Equipment Fund budget.
Motion Carried.
2. TIRES FOR FIRE DEPARTMENT VEHICLES.
Motion by Cummings, seconded by Clanton, to recommend to the City Commission that it authorize the purchase of 32 Goodyear brand tires from K&M Tires, using the State of Michigan MiDeal Program, at a total cost of $11,193.48, with funds from the Fire Department budget.
Motion Carried.
3. THIRD-PARTY ADMINSTRATOR CHANGES-DEFERRED COMPENSATION PLAN (DEFERRED COMPENSATION COMMITTEE)
Finance Director Chase reviewed the proposed changes staff would like to implement by the first of the year. He noted this should reduce the cost of employee investments and the need to educate the employees prior to any change made to their plans. This item will be placed on the next Finance Committee Meeting for final review and will be on the City Commission Consent Agenda.
The meeting was adjourned at 6:48 P.M.
Dan Kasunic Sharon Brinks
City Clerk Chairperson