OFFICE OF THE CITY COUNCIL

 

CHERYL L. BROWN                                                                                                        117 WEST DUVAL STREET, SUITE 425

            DIRECTOR                                                                                                                                                                                 4TH FLOOR, CITY HALL

   OFFICE (904) 630-1452                                                                                                                                                          JACKSONVILLE, FLORIDA  32202

     FAX (904) 630-2906                                                                                                                                                                                                               

  E-MAIL: CLBROWN@coj.net

June 15, 2009

6:00 PM

 

Finance Committee Agenda Meeting Minutes

June 15, 2009

 

Topic:  Finance Committee agenda meeting

 

Location:  Conference Room A, City Hall – St. James Building; 117 West Duval Street,

     Suite 425

 

In attendance:  Council Members Corrigan (Chair), Webb, Joost, Yarborough

Peggy Sidman, Shannon Eller and Joel Toomey – Office of General Counsel; Kirk Sherman and Janice Billy – Council Auditor’s Office; Sherry Hall and Lisa Rinaman – Mayor’s Office; Wight Greger – Housing and Neighborhoods Department; Vince Seibold – Environmental and Compliance Department; Mickey Miller and Kenneth McKeown – Administration and Finance Department; Lin White – Public Works Department; Lindsey Ballas – JEDC; Celeste Hicks and Dianne Smith – ECAs; Jessica Stephens – Legislative Services Division; Jeff Clements – City Council Research; Lauren Morrissette and Andrea Farah – Office of General Counsel interns; Tia Mitchell – Florida Times-Union; Mike Sharkey – Financial News and Daily Record; Owen Holmes – Folio Weekly; Tony Bates and Shane Schuwerth – Concerned Taxpayers of Duval County; Jim Gilmore – Agency Approval and Development; Jane Adams – University of Florida

 

Meeting Convened:  1:35 p.m.

 

Assistant Council Auditor Janice Billy reviewed the Auditor’s marked agenda, which included 5 items to be deferred, 26 items ready for action (11 as emergencies), and 9 items to be read a second time and re-referred.

 

  • 2009-358: funding for purchase of property by Shands Jacksonville – see Auditor’s analysis attached as p. 13 of the marked agenda.
  • 2009-445: refunding $32.5 million in taxable special revenue bonds - see Auditor’s analysis attached as p. 14 of the marked agenda.
  • 2009-446: changing revenue pledge for $300 million in BJP bonds - see Auditor’s analysis attached as p. 15 of the marked agenda; deferred in Rules this morning.
  • 2009-447: changing revenue pledge for $40 million in bonds from JEA annual contribution - see Auditor’s analysis attached as p. 16 of the marked agenda.
  • 2009-467: moved for second reading and re-referral in Rules this morning, no emergency action requested.  The funds are Council Member Clark’s district bond funds, to be expended in District 13.  Emergency requested because the contractor proposed to do the work is already mobilized at a nearby site and would save remobilization costs.
  • 2009-485: appropriating $806,179 in SHIP funds for Homeowner Opportunity Program – there will be a substitute offered that incorporates a bill that was filed but not introduced on the Council addendum last week.  Emergency requested because the funds need to be expended by December.

 

Chairman Corrigan noted that two committee members were excused and Council Member Shad was temporarily appointed as a Finance Committee member today for purposes of maintaining a quorum.

 

Council Member Joost asked to discuss the Council Auditor’s audit report #664 – Public Buildings Division – at the conclusion of the agenda.

 

Meeting Adjourned:  1:47 p.m.

 

Minutes:  Jeff Clements, Council Research

                 6.15.09

Tapes:      Finance agenda meeting– LSD

                 6.15.09

Materials:   Auditor’s marked Finance agenda

     6.15.09