June 03, 2014 - Finance Committee Meeting Minutes (Filebank) (City of Palo Alto, CA)

(Source: City of Palo Alto, CA) 37f1bfac-ff7d-4408-9937-a72bf30d4865.pdf FINANCE COMMITTEE MINUTES Regular Meeting Tuesday, June 3, 2014 Chairperson Berman called the meeting to order at 7:03 P.M. in the Council Conference Room, 250 Hamilton Avenue, Palo Alto, California. Present: Berman (Chair), Burt, Holman, Kniss (Arrived at 7:05 PM) Absent: ORAL COMMUNICATIONS None AGENDA ITEMS Library Bond Oversight Committee Quarterly Reports Transmittal. Mike Sartor, Director Public Works relayed the transmittal for the Library Bond Oversight Committee (LBOC) for the last three quarters and found that the funds were spent appropriately. Staff was concerned with exceeding the Bond amount, due to the...