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FM082499 FINANCE COMMITTEE - CITY OF MUSKEGO Approved MINUTES OF MEETING HELD TUESDAY, AUGUST 24, 1999 The meeting was called to order at 7:05 p.m. by Mayor De Angelis. Also present were Committee Members Slocomb, Sanders and Salentine, Aldermen Chiaverotti, Le Doux, and Pionek, Finance Director Gunderson, Dave Anderson of Ehlers & Associates, and Deputy Clerk Blenski. The Mayor noted the meeting was noticed in accordance with the Open Meeting Law. REVIEW OF MINUTES OF PREVIOUS MEETING The minutes were accepted with no corrections made. There was no unfinished or new business to come before the Committee. VOUCHER APPROVAL Ald. Salentine moved to recommend approval of payment of General Vouchers in the amount of $658,389.69 and Utilities Vouchers in the amount of $1,627,776.40. Ald. Sanders seconded; motion carried unanimously. FINANCE DIRECTOR’S REPORT Dawn Gunderson stated that Moody’s recently reviewed the City’s financial statements and upgraded the City’s bond rating from A1 to Aa3. ADJOURNMENT Ald. Sanders moved to adjourn at 7:15 p.m. Ald. Slocomb seconded; motion carried unanimously. Respectfully submitted, Jill Blenski, CMC Deputy Clerk jmb