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HomeMy WebLinkAbout2025-03-24 Finance and Governance MinutesCity of Tukwila City Council Finance & Governance Committee Meeting Minutes March 24, 2025 - 5:30 p. m. - Hybrid Meeting; Hazelnut Conference Room & MS Teams Councilmembers Present: Staff Present: Armen Papyan, Chair; Dennis Martinez, Verna Seal Aaron BeMiller, Laurel Humphrey, Tony Cullerton, Megan Marks, Joel Bush, Julie Hatley, Kari Sand I. BUSINESS AGENDA Chair Papyan welcomed Councilmember Seal to the Committee. A. Puget Sound Regional Fire Authority (PSRFA): Lease Agreements and Deeds Staff seeking approval of leases with PSRFA for Fire Stations 51 and 54, deed transfers of Stations 52 and 53, and leaseback of various rooms at Station 52. Committee Recommendation Unanimous approval. Forward to April 14, 2025 Committee of the Whole. B. Lease Agreement; Dell Rugged Tablets Staff is seeking approval to enter into a four-year lease agreement with Dell Financial Services to refresh the Police Department's fleet of rugged tablets. Committee Recommendation Unanimous approval. Forward to April 7, 2025 Regular Meeting Consent Agenda. C. Minimum Wage Program Staff provided an update on the program. Committee Recommendation Discussion only. D. 2024 Year -End Financial Report Staff presented the report. Item(s) for follow-up: • Provide information about funding for the TCC HVAC replacement project. Committee Recommendation Discussion only. Finance & Governance Committee Minutes March 24, 2025 E. Investment and Debt Policies Staff provided an overview of the draft policies, which will be presented for adoption by resolution at a later date. Committee Recommendation Discussion only. MISCELLANEOUS Staff provided an update on the status of the budget proviso regarding revenue exploration. Item(s) for follow-up: • Provide the number of business licenses in Tukwila. • Provide information on whether Tukwila uses the Business Directory for B&O related communications. The meeting adjourned at 6:34 p.m. AP Committee Chair Approval