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Votes at a glance: Homewood committee items moved forward Feb. 17, 2025
Summary
Committees on Feb. 17 approved several routine and contract items, including an investment advisor contract, a payroll services agreement to send to council, a payroll vendor selection, a construction change order, and several administrative approvals. Several items were carried over for further documents or follow-up.
Here are the formal actions recorded across Homewood committee meetings on Feb. 17, 2025. This list includes motions and outcomes reported in committee; it summarizes items that will move to council or require follow‑up.
- Authorize mayor to enter into contract with Porter White for investment advisory services (presentation by finance staff) - Motion: Authorize mayor to execute investment advisory contract with Porter White (scope: investment policy review, investment management and transparency). - Outcome: Approved by committee; vote recorded as 5–0 to send to council for formal authorization. - Clarifying detail: Porter White described scope and Alabama law limits; presenter said the firm manages roughly $700,000,000 in institutional assets and will provide transparent, invoiced fees.
- Authorize…
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