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2000.02.22_FAB_Minutes_RegularFINANCIAL ADVISORY BOARD QUARTERLY MEETING MINUTES Tuesday, February 22, 2000 2.00 P.M. Chairman Felix R. Goldenson called the meeting to order at 2:00 P.M. in Commission Chambers. In attendance were Vice Chair John R. Demarco and Members Bryon R. McKinley, Charles D. Cohn and Marianne Salibello. Also present were Town Manager Ben Saag, Finance Director Stan Novak and representatives from the Town's auditors, Haas Diaz. APPROVAL OF MINUTES Approval of the November 17, 1999 Quarterly Meeting Minutes was deferred until the next scheduled meeting. NEW BUSINESS Review Draft of Comprehensive Annual Financial ReportSept 30 1999 The Board reviewed subject document with Haas Diaz, noting just a few minor changes, • which will be made to document prior to going to the Town Commission. With review completed, the following MOTION was made by MR. COHN/MR. DEMARCO: THE FINANCIAL ADVISORY BOARD REVIEWED COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR SEPTEMBER 30, 1999, AND RECOMMENDS APPROVAL BY THE TOWN COMMISSION. MOTION was unanimously approved. Review current Financial Report Subject report was reviewed, with no noted concerns. Election of Officers for 2000 Upon MOTION by MR. DeMarco/Mr. Cohn, FELIX R. GOLDENSON was re -nominated as Chairman. Upon MOTION by Mr. DeMarco/Mr. McKinley, MARIANNE SALIBELLO was nominated as Vice -Chairman. With not further business to come before the Board, MOTION to Adjourn was made by MR. MCKINLEY/MR. DEMARCO at 3:15 p.m. 0 • Financial Advisory Board February 22, 2000 Page 2 of 2 APPROVAL Felix R. Goldenson, Ch. ohn R. DeMarbo, V.Ch. i z- Byro R. McKinley `-- • Charles D. Cohn r Marianne Salibello ATTE n U DATE: '