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Personal & Finance committee tables bill at author’s request, clears administrative resolution for IFA disbursements
Summary
The Personal & Finance Committee tabled Bill 25-44 indefinitely at the author's request and sent two administrative resolutions (Bill 26-01 adopting the investment policy and Bill 26-02 authorizing a city staff member as the 'authorized owner' for Indiana Finance Authority disbursements tied to water/sewer bonds) to the full council with favorable recommendations.
The Personal & Finance Committee took three procedural actions related to city finance and administration. First, the committee announced receipt of a communication from Dr. Davis requesting Bill 25-44 be tabled indefinitely; the committee moved, seconded and recorded a roll-call vote that tabled the bill per the author’s request.
Second, the committee considered Bill 26-02, a resolution required by the…
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