Council considers FY24/25 equipment purchases and interim financial adviser

Councilors reviewed a resolution to authorize equipment and vehicle purchases listed in the FY24/25 budget and discussed staff’s recommended temporary appointment of a senior financial adviser following an RFP process.

Staff described the purchases as including sanitation trucks, pickup trucks, a sewer van, a sewer camera van and related equipment as part of the FY24/25 capital plan; the transcript lists types but does not provide total dollar amounts for the package. The item was presented as consistent with the adopted budget and a motion was made to approve the resolution authorizing the purchases.

Separately, staff reported that three firms responded to the financial‑adviser RFP and two were interviewed. The recommended firm (spoken in the transcript as "First Tryon"/"first grama advisers") was proposed to be engaged on a month‑to‑month basis so the city can maintain flexibility while obtaining market access and advisory services. Councilors said the arrangement would allow the city to access debt markets and professional advice without a long‑term lock‑in, and staff will return with formal contract language.

The transcript records discussion, motions and staff direction but does not include final vote tallies or a signed contract in this session. Council asked staff to bring any final procurement details, vendor names spelled consistently and contract terms back for formal action.