Report from the Finance Committee of 1-22-13 - Agenda Item - Nominate Chair and Vice-Chair and Consider Amendments to the Duties of the Finance Committee Work Plan (Resolution #09-08-185).
  

Councilmember Elvig was nominated the Chair of the Finance Committee and Councilmember Riley Vice-Chair. 

Staff reviewed the Duties of the Finance Committee as outlined in Resolution #09-08-185 and the committee made the recommendation to amend this resolution to add line #10 which states:  Financial issues that overlap the City Council and the HRA related to development activities, such as, but not limited to, inter-fund transfers.  The amended resolution is attached for adoption.   

Ratify the nominations of the Finance Committee for Councilmember Elvig to serve as Chair and Councilmember Riley to servce as Vice-Chair and to amend the resolution of the duties of the Finance Committee to add line #10 as stated above.

Ratify the recommendation of the Finance Committee to authorize Councilmember Elvig as Chair and Councilmember Riley as Vice-Chair of the Finance Committee.

And

To adopt Resolution #13-02-028 Amending Resolution #09-08-185 Establishing the Duties of the Finance Committee with the addition of Line #10 that reads:  Financial issues that overlap the City Council and the HRA related to development activities, such as, but not limited to, inter-fund transfers.