06/08/2010 Finance CommitteeFINANCE COMMITTEE MEETING MINUTES
Present:
Staff:
Public
June 8, 2010
6:00 PM
Mayor Gary Haakenson
Councilmember Plunkett
Councilmember Buckshnis
Lorenzo Hines Jr., Director, Finance and Information Services
Noel Miller, Public Works Director
Douglas Fair, Municipal Court Judge
Rob English, City Engineer
Natalie Shippen
Ron Wambolt
Carl Brecht
Diana Tallmadge
Finis Tupper
Phil Williams
Roger Hertrich Chal Martin
Nihat Dogan, FCS Group
Councilmember Plunkett called the meeting to order at 6:00 PM.
A. Proposed interlocal agreement with the City ofLynnwood for video Court hearings.
Judge Fair presented the interlocal agreement, the justification for entering into the
agreement, and answered questions on same. The committee voted to place the issue on
the consent agenda.
A. General Fund update for May 2010
Lorenzo Hines presented revenue and expenditure trends for the General Fund and
current forecasts for the City's major revenue sources. For information only, no further
action required.
B. Revision to City's Water Leaka eg Policy
Lorenzo Hines responded to follow up questions regarding the responsibilities of the
homeowner and the city in regards to residential and commercial water supply
infrastructure. The committee voted to place the issue on the consent agenda.
C. Review of water and storm water financial rate proposals
Noel Miller presented the current water and storm water rate proposal to the committee
and answered questions on same. Nihat Dogan also provided additional information to
the committee. The committee voted to forward to full council for review.
D. Public Comments (3-minute limit per person)
Comments and questions were provided that pertain to the Edmonds multimodal project;
the city water leakage policy; and water and sewer rates.
Adjournment - The meeting was adjourned at 7:00 PM.
RACOUNCIL\EINANCE COMMITTEE\06-08-2010\6-08-10 MINUTES.DOCX