Call to Order

Call to Order Work Session Finance Committee

Finance Committee Item 1

Community Enrichment Grant Recommendations.

Finance Committee Item 2

Quarterly Internal Audit Update.

Finance Committee Item 3

OPEB Trust (Retiree Insurance) FY 11-12 1st Quarter Investment Report.

Finance Committee Item 4

Update regarding FY 11-12 budget revenues through December 30, 2011.

Finance Committee Item 5

FY 11-12 1st Quarter Investment Report.

Finance Committee Items 6 & 7

6. Financial Management Policy review including Purchasing Policy, Revenue Handling Manual, Investment Policy, and Arbitrage Policy. 7. Adjourn.

Item A

Highlights of Water Conservation activities for December and January.

Item B

Funding for BrewBQue.

Item C

Discuss providing water and sewer service to Epcon Industries, 17777 I45 S, at commercial double water and sewer rates.

Item D (Part 1 of 2)

Resolution for Advance Funding Agreement with TxDOT for Crighton Road Bridge.

Item E

Ordinance authorizing participation in coalition of cities cooperating in regulatory matters concerning Entergy Texas, Inc.

Item F

Resolution authorizing Interlocal Agreement with Brazos Transit District relating to administration of Federal Transit Administration Bus Livability Initiative Program grant.

Item G

Contract with TxDOT for detention pond.

Item H (Part 1 of 2)

Briefing – The Council will be briefed on and may discuss any item on the Action Agenda.

Item D (Part 2 of 2)

Resolution for Advance Funding Agreement with TxDOT for Crighton Road Bridge.

Item H (Part 2 of 2) & I

H. Briefing – The Council will be briefed on and may discuss any item on the Action Agenda. I. Council Members Inquiry Time – Pursuant to Tex. Gov. Code Sec. 551.042 the Mayor or Council Members may inquire about a subject not specifically listed on this agenda. Responses are limited to a recitation of existing policy or a statement of specific factual information given in response to the inquiry. Any deliberation or decision shall be limited to a proposal to place the subject on the agenda of a future meeting. RECESS