NOTICE OF MEETING

Agenda for Meeting 
City of Galveston –  Finance, Fiscal Affairs and Investment Advisory Committee
February 9, 2021 – 2:00 p.m.- 3:30 p.m.
 **Virtual Meeting Dial-in # 1-346-248-7799** Meeting ID: 795 988 6304  Password: 6Sv$ub 
(409) 797- 3567

1.

Quorum determination and call to order.

2.

Consider for action approval of the minutes from the July 21, 2020 meeting. (page 2)

Documents:
  1. Page 2.pdf
3.

Discuss, consider and elect officers

4.

Discuss and consider for action a recommendation to accept the quarters ending September 30, 2020 and December 31, 2020 Investment Reports for the City of Galveston and Galveston Industrial Development Corporation. (page 3 and page 22)

5.

Discuss 4th Quarter Budget Status Report. (page 41)

Documents:
  1. Page 41 - 136.pdf
6.

Discuss potential grant related receivable adjustment for FY 2020 CAFR and related FY 2020 Budget Amendment.

7.

Discuss hotel occupancy tax collections specifically relating to short term rentals. (page 137)

Documents:
  1. Page 137 - 153.pdf
8.

Review, discuss, and consider for action a recommendation to City Council to accept the proposed Financial Advisor in response to RFP 20-20.

9.

Review and consider proposed Water and Sewer Revenue Bond Refunding. (page 154)

Documents:
  1. Page 154 - 158.pdf
10.

Contact recommendations for upcoming banking and investment advisory services solicitations.

11.

Committee member comments.

12.

Public comments (limited to three minutes each).

Members of the public may submit a public comment using the web link below.  All comments submitted prior to the meeting will be provided to the Finance, Fiscal Affairs and Investment Committee.

https://forms.galvestontx.gov/Forms/PublicComment
13.

Discuss tentative date(s) for next committee meeting.

14.

Adjournment.

Tammy Jacobs 
City Controller 

Members of the City Council may be attending and participating in the discussion.  

IN ACCORDANCE WITH THE PROVISIONS OF THE AMERICANS WITH DISABILITIES ACT (ADA), PERSONS IN NEED OF A SPECIAL ACCOMMMODATION TO PARTICIPATE IN THIS PROCEEDING SHALL, WITHIN THREE (3) DAYS PRIOR TO ANY PROCEEDING, CONTACT THE CITY SECRETARY’S OFFICE, SUITE 201, 823 ROSENBERG, GALVESTON, TEXAS 77550 (409-797-3510).