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HomeMy WebLinkAbout03-07-2012 Finance Committee MinutesMinutes approved May 15, 2008 CITY OF SARATOGA COUNCIL FINANCE COMMITTEE ACTION MINUTES DATE: March 7, 2012 TIME: 4:30 p.m. – 5:30 p.m. LOCATION: Conference Room Saratoga City Hall 13777 Fruitvale Avenue Saratoga, CA 95070 ATTENDEES: Miller, Cappello ABSENT: None OTHERS IN ATTENDANCE: Anderson, Furey , LaBossiere 1. Approval of Prior Finance Committee Meeting Minutes: Action Item – February 15, 2012 minutes approved 2. Oral & Written Communications: n/a 3. Old Business A. Investment Policy Action Item – Finance Committee recommendation: No adjustment to existing policy. B. Strategic Plan Action Item – None. 4. New Business A. Finance Policy – Long Term Debt Action Item – Revise policy with recommendations and bring back to next meeting B. Administrative Policy on Cell Phone Stipend Action Item – Finance Committee approved C. CalPERS Contract Amendment Action Item – None 5. Adjournment