MINUTES OF CITY OF WHARTON FINANCE COMMITTEE MEETING 120 EAST CANEY STREET WHARTON, TEXAS 77488 Tuesday, May 28,2024-6:00 p.m.  City Manager. Joseph R. Pace declared ai meeting oft the City Council Finance Committee duly open for  the transaction of business at 6:00 p.m. Committee Members present: Committee Members absent: City Council Members present: Staff members present:  Mayor Tim Barker, Councilmember Larry Pittman, and  Councilmember Russell Machann. Councilmember Terry Freese.  None.  City Manager Joseph R. Pace, Finance Director Joan Andel, Assistant to the City Manager Brandi Jimenez, City Secretary Paula Favors, Public Works Director Roderick Semien, Airport Manager Dwayne Pospisil, and Director of Planning &  Development Gwyn Teves.  Staffmembers absent: Visitors:  None.  Mr. David Allen, Mr. David Benham and Mr. Joseph Lockwood  with Constellation via Zoom.  Public Comments. There were no public comments. Larry Pittman seconded the motion. All voted ini favor.  The first item on the agenda was to review and consider minutes from the meeting held on May 13,2024. Councilmember Russell Machann made a motion to approve the minutes as presented. Councilmember The second item on the agenda was to review and consider City of Wharton Final ESPC Implementation Phase Closeout Proposal. Finance Director Joan Andel stated to the Committee that Constellation NewEnergy (CNE) had provided the City with a final Energy Savings Plan Closeout Proposal. She stated that this project started in 2016 and was funded through a Qualified Energy Conservation Bond (QECB). She stated that the project included lighting upgrades, wastewater treatment plant blowers, and air conditioning improvements. She stated that CNE had requested in the close-out documents to be paid $503,706.73 from the escrow account funds in the City's possession of $811,416.39. She stated that this amount would compensate them for energy savings achieved from years 1-8 (Sept 2016-May 2024). She stated that CNE had provided the City with al Measurement and Verification document as support. After some discussion, Mayor Tim Barker made ai motion to recommend to the City Council to approve the Final ESPC Implementation Phase Closeout Proposal. Councilmember Russell Machann seconded the motion. The third item on the agenda was to review and consider Wharton Regional Airport Runway Project. Finance Director Joan Andel stated to the Committee that the City Staff had been working with TxDOT Aviation Planners Ms. Emily Lambert and Mr. Robert Johnson to discuss pavement rehabilitation for the runway and taxiways at the Wharton Regional Airport. She stated that the project is not safety critical at this time but that the Staff would like to move forward in the discussion of possibly having this project designed in FY2024 and constructed in FY2025. She stated that funding would be obtained through Federal, State, and Local City funds. After some discussion, Councilmember Russell Machann made a motion for the City Staff to proceed with the project. Mayor Tim Barker seconded the motion. All voted  All voted in favor.  in favor.    The fourth item on the agenda was adjournment. The meeting was adjourned at 6:29 p.m.  ÇER