City of Mexico Beach Special Meeting Minutes MONDAY MARCH4, 2024-5:00PM  The City of Mexico Beach City Council met in as special meeting on Monday March 4, 2024, at 5:00 pma at the Public Works Building in Mexico Beach. Mayor Miller and the following Councilmembers were present: Linda Hamilton, Jerry Smith and Richard Wolff. Adrian Welle was absent. Also present were City Administrator, Chris Hubbard, City Clerk, Tammy Brunson and  City Attorney Clint McCahill.  I. II. 1.  Call to order: Mayor Miller called the meeting to order at! 5:00 pm.  Regular Agenda:  Discussion regarding renewing the city's certificates of deposit was brought to the table. Hiram Nix and. Jim Haynes with Centennial Bank presented council with options for the cd's that expiring. Mr. Wolff motioned, and Mr. Smith: seconded to accept all 40 CD's at the 61 month rate of 5.1%. Motion failed witha2to2vote. No votes were Mrs. Hamilton and Mayor Miller. Mr. Wolff motioned, and Mr. Smith seconded to accept the two CD's with million plus dollar balances at the 6 month rate and the two with lower balances at the 12 month rate. Motion failed with a 2to2 2 vote. No votes were Mrs. Hamilton and Mayor Miller. Mr. Wolff motioned, and Mr. Smith seconded to accept #89 ($1,036,216.28) and #91 $777,162.21) at the 6-month rate and #90 ($1,027,145.22). and #92 ($256,786.31) at the 12-month rate. Motion passed unanimously. Discussion of the City of Mexico Beach internal controls was brought to the table. Mayor Miller explained internal controls need to meet the standards. We need to have a balanced budget with controlled spending as our objectives. We need to be good stewards of our money and work on lowering the milage rate. Internal controls need to be reviewed on a regular basis and council needs to be proactive and make sure we work to correct the finding, weather it is policy change or personnel issues. Direction was given to Mr. Hubbard to compare thei finding from the 2016, 2017 and 2021 audits and bring the top 5 back to the  2.  council meeting on March 12, 2024 for additional discussion.  IX. Adjournment: Mr. Wolff motioned, and Mrs. Hamilton seconded to adjourn the meeting at 5:41 pm.  By: mnOou Mayor, Michele Miller  Attest: ArnyPnuwan City Clerk, Tanmy Brunson