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HomeMy WebLinkAbout04-30-07 Item 4D, Resolutin 07-47 FPAC Members & Liaisons ~ ~HILLS Request for Council Action V __s_ueJve(!;~n_~\J:'____ Finance - ApriT30. 2007 AedJ_~~,-,_~QQ_?_-_ Prepared By: OepL Council Mtg. Date: Final Action Needed By: Agenda Item: BudgetecfAmount Actual Amount Funding Source: COundl' Action Reqo~E-~ Motion - to 'approve -'Res~~fl.iiion'-#0747-APpointin~i'ihe-F-if1anClaf'Phiil"iiing'ancfAdvlsorynCommlttee. Staff Recommendation: Staff 'iecommen'ds'-cinmotioii-io'-approve -ihe-appolntmeni-of't'he-Finiindafpi'ann,ng'a'ndAfiaiys,s'Con1"mWtee--members. Planning: PTRC: Suppor-tjng P.o_cU~~ri_~:::-(~ij&~~#r X Memo/Letter: X Resolution No.: 07-47 Memo dated April 24, 2007 A Resolution Appointing the Financial Planning and Analysis Committee Ordinance No.: Engineering Recommendation: Attorney Recommendation: Other: Fin-an_c_iallfl"lPli~ti_~f)~:,. ''__.n____'' ',,________n.' "____n_ '" ""____n______ "_"m__ nn__'.""'.'''''nm____.'',",_ __n"" "n _m___n""".n ______"_",...,, ___n__.. This committee will make recommendations on public financing ana fiscal-policies to the City Co'i.iilcil.- AdministratorIStaff.:.9)~~~~g;I~ None. 40 NiA NOl, ---N/A ~ ~~HILLS MEMORANDUM DATE: April 24, 2007 4D TO: Honorable Mayor and City Council Michelle Wolfe, City Administrator FROM: Sue Iverson, Finance Director ~U-J SUBJECT: Formation of the Financial Planning and Analysis Committee (FPAC) Backgrouud/Discussiou: At the February 20th Council Work Session, the Council discussed the formation of a Financial Planning and Analysis Committee. Council defined the Mission/Purpose of this committee and listed specific outcomes. Specific objectives are to be made by the committee itself to achieve the expected outcomes listed by the City Council. Membership and Council Staff liaison appointments were also discussed. At the March 12'h Council meeting, Council approved the formation of the Financial Planning and Analysis Committee, directing staff to advertise for individuals to serve on this committee. Five applications have been received and reviewed for appointment for this committee. Councilmember Grant has reviewed these applications as part of the process. Staff Recommendation: Staff recommends approval of Resolution 07-47, a resolution appointing the Financial Planning and Advisory Committee. ~ ~HILLS CITY OF ARDEN HILLS COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION NO. 07-47 A RESOLUTION APPOINTING FINANCIAL PLANNING AND ADVISORY COMMITTEE WHEREAS, the City Council annually appoints residents to serve III an advisory capacity to the City Council regarding financial and investment issnes; THEREFORE, BE IT RESOL YED: The City Council appoints the following individuals to serve on the Financial Planning and Advisory Committee: Scott Bronson Maurice Gieske Al Hilgers Jeff Johnson James Ostlund THERFORE BE IT FURTHER RESOLVED: The City Council appoints David Grant as the Council Liaison and Finance Director Susan Iverson as Staff Liaison to the Financial Planning and Advisory Committee. ADOPTED BY THE CITY COUNCIL OF THE CITY OF ARDEN HILLS THIS 30th DAY OF APRIL, 2007. Stanley D. Harpstead, Mayor ATTEST: Michelle A. Wolfe, City Administrator