Here’s  a recap of our live coverage of this evening’s Evanston City Council Administration and Public Works Committee meeting.

A packet with information on tonight’s agenda items is available online (.pdf).

The committee has 11 items on its agenda tonight (in addition to approval of minutes, payroll and bills) — including several construction contracts and acceptance of the city’s 2012 audited financial report.

Meeting called to order at 5:50 p.m.

Minutes approved.

Payroll approved.

Bills approved.

Credit card bills approved.

Kenny Construction contract for large diameter sewere rehab $138 million. Approved.

SAK Construction contract for cured-in-place pipe lining $180K. Approved.

Rosemount Inc contract for water utility rate of flow transmitters and maniforlds $57K. Approved.

Agreement with Connelly’s Academy for martial arts instruction at the Levy Center $20K Approved.

A. Lamp Concrete Contractors street resurfacing project contract $1.08M. Approved.

Chicagoland Paving contract for Davis Street improvement project $2.3M. Approved.

Bridge Street Bridge construction funding increase $86K (20%) increase in city share of construction cost. Approved.

Comprehensive Annual Financial Report. Assistant City Manager Marty Lyons says there are no new issues raised by the auditor. Says are working on issues involving software packages — some of which are being replaced this year.

Joe Lightcap, from Baker Tilly, the city’s auditor, discusses what the firm considers a material weakness in the city’s accounting controls — that when an accounting manager makes a journal entry there is no current review of that action.

Lyons says with new software system there will be additional reviews added to the process — but it won’t completely clear up the issues raised by the auditor.

Committee votes to accept the report and place it on file.

Northwestern University utility easment on Emerson Street. Approved.

Sale of surplus vehicles.  Alderman Ann Rainey, 8th Ward, asks to exclude the police camper “mobile outpost” vehicle from the sale, because there may be a local purchaser for it.  Approved as amended.

General obligation bond issue $12.7 million in new bonds.

Lyons says Moody’s said the city’s debt level is “moderate” slightly above average. He says the downgrade by Moody’s was solely because of the recalculation in pension liability.

Says the city will refinance some debt later in the year, seeking lower interest rates than the 5 percent they’re carrying now. Says hope to save about $700K as a result. Will have report early in the fall for the council on two options — one would get much lower interest rate but keep the debt level the same — the other would end up with lower debt level in return for somewhat higher interest rate.

Approved.

Discussion item on bus service transit routes postponed until the next meeting because the alderman who had requested the discussion — Judy Fiske — is not present.

Meeting adjourned at 6:28 p.m.

Bill Smith is the editor and publisher of Evanston Now.

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