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HomeMy WebLinkAbout060810 Finance Committee Action Minutes ACTION MINUTES FINANCE COMMITTEE MAIN CONFERENCE ROOM 43200 BUSINESS PARK DRIVE TEMECULA, CALIFORNIA TUESDAY, JUNE 8, 2010 — 4:00 PM ROLL CALL: Committee Member Maryann Edwards Committee Member Mike Naggar Aaron Claverie, Reporter for the Californian Shawn Nelson, City Manager Genie Roberts, Director of Finance Rudy Graciano, Revenue Manager Roberto Cardenas, Fiscal Services Manager PUBLIC COMMENTS None. COMMITTEE BUSINESS 1. Local Agency Investment Fund (LAIF) — reviewed and discussed — no action necessary 2. Automatic Teller Machine (ATM) Request for Proposal (RFP) — proceed with Request for Proposal (RFP) and forward to the City Council for final consideration 3. Point of Sale Designations for Sales Tax Revenue — directed staff to hold a workshop with the top 25 businesses to encourage local purchasing practices; item to be placed on a future Finance Committee agenda Discussion ensued with regard to the Local Vendor Preference Program; item to be placed on a future Finance Committee agenda. ADJOURNMENT This meeting was officially adjourned at 5:03 p.m. 1