Written Briefings: a. Portfolio Summary The Portfolio Summary is reported to Council each quarter. The report is in compliance with the requirements of the Public Funds Investment Act. Management of the City’s portfolios is conducted in accordance with City Council Policy FIN-06, Statement of Investment, and City Council Policy FIN-05, Statement of Investment Strategy. b. Rate Mitigation Fund As previously directed by Council, staff provides a report on the financial position of the GP&L Rate Mitigation Fund on a quarterly basis. As of June 30, 2010, the Fund had a book balance of $82.2 million. This balance includes all Council-approved transfers and all interest earnings since inception of the Fund.
Financial Update Staff will provide Council with a financial update.
Public Safety Committee Report Council Member Larry Jeffus, Chair of the Public Safety Committee, will provide a Committee report on the following item: • Use of Handheld Cell Phones in School Zones
Appointment of a Deputy Mayor Pro Tem At the request of Mayor Ronald Jones, Council is requested to discuss the appointment of a Deputy Mayor Pro Tem. In accordance with City Council Policy OPNS-30, “Who Shall Act As Mayor,” Council may elect a Deputy Mayor Pro Tem at its discretion. The Deputy Mayor Pro Tem will act as Mayor in the absence or disability of the Mayor and Mayor Pro Tem.
Consider the Consent Agenda A member of the City Council may ask that an item on the consent agenda for the next regular meeting be pulled from the consent agenda and considered separate from the other consent agenda items. No substantive discussion of that item will take place at this time.
Announce Future Agenda Items A member of the City Council, with a second by another member, or the Mayor alone, may ask that an item be placed on a future agenda of the City Council or a committee of the City Council. No substantive discussion of that item will take place at this time.
The prayer and pledge are said.
All items under this section are recommended for approval by a single motion of Council, without discussion. Council has been briefed on these items at a previous work session and approval of the consent agenda authorizes the City Manager to implement each item. The Mayor will announce the agenda and provide an opportunity for members of the audience and the City Council to request that an item be removed and considered separately.
Consider by minute action the election of a Mayor Pro Tem and Deputy Mayor Pro Tem. Council is requested to elect a Mayor Pro Tem from among its members. In accordance with City Council Policy OPNS-30, “Who Shall Act As Mayor,” Council may also elect a Deputy Mayor Pro Tem at its discretion.
Jul 20, 2010 City Council
Written Briefings: a. Portfolio Summary The Portfolio Summary is reported to Council each quarter. The report is in compliance with the requirements of the Public Funds Investment Act. Management of the City’s portfolios is conducted in accordance with City Council Policy FIN-06, Statement of Investment, and City Council Policy FIN-05, Statement of Investment Strategy. b. Rate Mitigation Fund As previously directed by Council, staff provides a report on the financial position of the GP&L Rate Mitigation Fund on a quarterly basis. As of June 30, 2010, the Fund had a book balance of $82.2 million. This balance includes all Council-approved transfers and all interest earnings since inception of the Fund.
Financial Update Staff will provide Council with a financial update.
Public Safety Committee Report Council Member Larry Jeffus, Chair of the Public Safety Committee, will provide a Committee report on the following item: • Use of Handheld Cell Phones in School Zones
Appointment of a Deputy Mayor Pro Tem At the request of Mayor Ronald Jones, Council is requested to discuss the appointment of a Deputy Mayor Pro Tem. In accordance with City Council Policy OPNS-30, “Who Shall Act As Mayor,” Council may elect a Deputy Mayor Pro Tem at its discretion. The Deputy Mayor Pro Tem will act as Mayor in the absence or disability of the Mayor and Mayor Pro Tem.
Consider the Consent Agenda A member of the City Council may ask that an item on the consent agenda for the next regular meeting be pulled from the consent agenda and considered separate from the other consent agenda items. No substantive discussion of that item will take place at this time.
Announce Future Agenda Items A member of the City Council, with a second by another member, or the Mayor alone, may ask that an item be placed on a future agenda of the City Council or a committee of the City Council. No substantive discussion of that item will take place at this time.
The prayer and pledge are said.
All items under this section are recommended for approval by a single motion of Council, without discussion. Council has been briefed on these items at a previous work session and approval of the consent agenda authorizes the City Manager to implement each item. The Mayor will announce the agenda and provide an opportunity for members of the audience and the City Council to request that an item be removed and considered separately.
Consider by minute action the election of a Mayor Pro Tem and Deputy Mayor Pro Tem. Council is requested to elect a Mayor Pro Tem from among its members. In accordance with City Council Policy OPNS-30, “Who Shall Act As Mayor,” Council may also elect a Deputy Mayor Pro Tem at its discretion.