HomeMy WebLinkAbout2023-08-15 Finance Committee Action MinutesFINANCE COMMITTEE
ACTION MINUTES
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Special Meeting
August 15, 2023
The Finance Committee of the City of Palo Alto met on this date in the Community Meeting Room
and by virtual teleconference at 5:31 PM.
Present In Person: Burt, Lythcott-Haims, Stone (5:33 PM)
Present Remotely: None
Absent: None
Action Items
1. Staff Request for Finance Committee discussion for Chief Financial Officer (CFO) Recruitment
and input of candidate’s key characteristics
NO ACTION TAKEN
2. Staff Discussion and Finance Committee Recommendation on Alternative to Manage Winter
2023-24 Natural Gas Price Uncertainty
MOTION: Chair Burt moved, seconded by Council Member Lythcott-Haims to recommend the
City Council revise current strategy and implement the capped-price winter natural gas
purchasing alternative.
MOTION PASSED: 3-0
Adjournment: The meeting was adjourned at 7:10 P.M.