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                                                                                                                                                                                                               



Finance Committee Agenda Meeting Minutes

November 16, 2010

9:30 a.m.


Topic:  Finance Committee agenda meeting


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

     Suite 425


In attendance:  Council Members Jones (Chair) and Hyde (arr. 9:36)

Peggy Sidman – Office of General Counsel; Kirk Sherman and Janice Billy – Council Auditor’s Office; Sherry Hall – Mayor’s Office; Mickey Miller and Kevin Stork – Administration and Finance Department; Lin White and Bob Williams – Public Works Department;  Carla Miller – Ethics Officer; Wight Greger and Laura Stagner – Housing and Neighborhoods Department; Susan Stewart – Duval Legislative Delegation; Dianne Smith, Connie Holt and Mina Hosseini - ECAs; Jessica Stephens – Legislative Services Division; Jeff Clements – City Council Research; Tony Bates – Concerned Taxpayers of Duval County


Meeting Convened:  9:33 a.m.


Chairman Jones reviewed the Auditor’s marked agenda, which showed 7 items to be deferred, 11 items ready for action (1 as an emergency), and 10 items to be read a second time and re-referred.


2010-616 (amending City Charter to restore an Ethics Code) has several competing amendments which the General Counsel’s Office will explain.  Ethics Officer Carla Miller will be present to discuss the proposals.


2010-814 (expressing support for legislative bill J-4 to amend the City Charter regarding transparency in government) will be deferred pending further information on the potential costs of the new procedures.


2010-840 (increase Banking Fund authorization by $76.5 million to provide for courthouse construction borrowing) is being requested for emergency action; CFO Mickey Miller will answer questions.


At the conclusion of the agenda Mr. Miller will give a brief mandatory report on the City’s investment portfolio performance.


Meeting Adjourned:  9:36 a.m.


Minutes:  Jeff Clements, Council Research

                 11.16.10   Posted 10:00 a.m.

Tapes:      Finance agenda meeting– LSD


Materials:   Auditor’s marked Finance agenda