Assistant City Manager Larry Davis made a PowerPoint Presentation (PPP); provided ARP updates; reviewed future funding allocations; authorized awards; approved community projects; spoke to return on investment; and to city audit requirements. Assistant City Manager Davis explained deferred expenditure impacts; spoke to recipient criteria; and to staff recommendations.
Discussion ensued regarding nonprofit organization (NPO) financial statuses; historical city grants; auditing expenditure reimbursement; threshold amounts; industry standards; and NPO community longevity.
Councilmember Abuzuaiter left the meeting at 2:17 p.m.; and returned at 2:20 p.m.
Assistant City Manager Davis continued the PPP; reviewed public safety bonuses; future infrastructure investments; provided an overview of the remaining ARP balance; funding options; and Council priorities.
Discussion took place regarding special Council projects; grant process timelines; earmark and contingency funds; ARP intentions; deferred maintenance concerns; United States Treasury Department criteria; transformative community impacts; and re-evaluating NPO selection protocols.
Assistant City Manager Davis continued the PPP; highlighted deferred maintenance projects for consideration; community housing fund; city facilities; employee healthcare premiums; financial sustainability; long-term care; insurance funding; and the White Street landfill.
Councilmember Matheny voiced concern regarding investment strategies.
City Manager Jaiyeoba spoke to the annual budget and ARP funding; to community opportunity enhancement; and to federal government parameters.
Discussion took place regarding street repair; projected revenues; conservative spending; NPO assistance; affordable housing; and the biweekly pay structure.
Councilmember Hightower requested staff to research nonprofit audit fees.
Councilmember Thurm requested staff to provide mid-year sales tax and revenue updates.
Councilmember Matheny left the meeting at 3:57 p.m.
Discussion ensued regarding the City Manager's contractual authorization; reimbursable NPO audit expenditures; and submitted grant proposals.
(A copy of the PowerPoint Presentation is filed in Exhibit Drawer E, No. 38, which is hereby referred to and made a part of these minutes.)