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Lovington commission approves investment policy, RFQ for audit help and several land‑use resolutions
Summary
At the meeting the commission approved an investment policy, authorized an RFQ for temporary accounting/audit services, approved a variance at 517 W Adams, adopted budget adjustments and approved publication of an RFP to sell city lots on North Travis; several items were tabled pending follow‑up information.
The Lovington City Commission moved through a package of motions and resolutions that included adoption of an investment policy, approval of an RFQ to secure temporary accounting and auditing support, budget adjustments and a set of land‑use decisions.
Key actions taken: commissioners adopted an investment policy to manage more than $25 million in idle cash and authorized the city manager to form an investment advisory committee; they approved an RFQ (resolution 2026‑079) to attract temporary accounting/audit firms to help the finance department complete audits and DFA reporting; they approved a variance (resolution 2026‑074) for an accessory building at 517 West Adams contingent on state permits and inspections; the commission approved modest budget adjustments for FY25‑26 (resolution 2026‑076) and voted to publish an RFP (resolution 2026‑080) to solicit proposals for the sale and development of city‑owned lots on North Travis with a recommended 30‑day solicitation window.
Staff and commissioners also tabled an encroachment request for further information from Lee County Electric regarding utility pole relocation costs and approved a July 4 street closure for a block party with conditions (coordination with fire, police and planning), and they authorized payment of the city’s accounts as presented.
