title
Minutes for the Finance Committee meeting on August 17, 2006.
body
Finance & Administration Committee Minutes
Thursday, August 17, 2006
4:00 p.m.
Members Present were: Darrel Dover, Alec Farmer, Jim Hargis, John Street and Ann Williams. Councilman Perrin was unable to attend. Councilman Dover left at 5:40 p.m. Mr. Tony Thomas from the Mayor’s Office was also in attendance.
MINUTES
Councilman Street motioned, seconded by Councilman Hargis, for the approval of the minutes for the July 20, 2006, regular meeting as written. All voted aye. Copies were provided to all those in attendance.
ORDINANCES AND RESOLUTIONS
Resolution for STD/LTD premium: Ms. Suzanne Hackney explained the premium for the short and long-term disability coverage did not increase from last year. She recommended extending the contract with Unum Provident for another year. Councilman Dover motioned, seconded by Councilman Street, to approve the resolution and recommend it to the full Council. All voted aye.
USAble Life Insurance policy: Ms. Hackney stated the USAble life insurance premium did not increase and recommended extending the contract for another year. Councilman Street motioned, seconded by Councilman Hargis, to approve the contract and recommend it to full Council, pending a resolution being drafted. All voted aye.
HUMAN RESOURCES
Finance Director position: Ms. Hackney informed the committee they have scheduled appointments for interviews next week. PENDING
Self-insured vs. fully-insured: Ms. Hackney explained she spoke with Mr. Bill Brown from Blue Cross concerning the City possibly being self-insured. She added she would like Mr. Brown to meet with the committee and speak with them. She noted Mr. Brown can’t be at the next Finance meeting. It was decided a special Finance meeting would be held to hear the presentation from Mr. Brown. Ms. Hackney stated she would get a date and contact the committee. PENDING
FINANCE & AUDIT
Financial report: Mr. Herb Davis stated ...
Click here for full text