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HomeMy WebLinkAbout2021-02-02 Finance Committee Action MinutesFINANCE COMMITTEE ACTION MINUTES Page 1 of 1 Regular Meeting February 2, 2021 The Finance Committee of the City of Palo Alto met on this date in virtual teleconference at 7:00 P.M. Present: Burt, Cormack, Filseth Absent: None. Agenda Items 1. Fiscal Year 2021 and Prior Finance Committee Referrals Update and Direction to the City Council to Accept the Current Status Report. MOTION: Vice Mayor Burt moved, seconded by Council Member Filseth to forward this status report update of City Council referrals requested for Finance Committee Action to the City Council for approval with the following addition: A. For the Council to direct the Finance Committee to have an additional review of Public Safety long term financial trends, beginning with the Fire Department, and concurrent with the September review of pensions. MOTION PASSED: 3-0 2. Review and Affirm City Council Procedures and Protocols for Contract Approval on City Council Agendas and Forward to the City Council For Approval. MOTION: Chair Cormack moved, seconded by Council Member Filseth to accept this report, affirm current practices for approval of contracts on consent agendas, and forward this status to the City Council for approval. MOTION PASSED: 3-0 Adjournment: The meeting was adjourned at 8:54 P.M.