F.A.M.E., Inc.
Finance Committee Meeting
Date and Time
Wednesday September 26, 2018 at 5:30 PM CDT
Location
428 Broaday St., New Orleans, LA 70118, 2nd Floor Conference Room
Agenda
| I. | Opening Items | |
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Opening Items
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| A. | Record Attendance and Guests | |
| B. | Call the Meeting to Order | |
| C. | Approve Minutes | |
| II. | Finance | |
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Finance
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| A. | Financial Statements and Reports | |
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Review and discussion of the financial statements for the months of July and August, 2018; and other financial information.
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| B. | Audit Update | |
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An update on the progress of the audit work.
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| C. | Whitney Bank Financing Update | |
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An update will be provided on the financing arrangements with the Whitney Bank.
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| D. | Bank Accounts Reconciliation | |
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A discussion about the bank accounts reconciliation.
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| III. | Other Business | |
| A. | Lease Agreement for Copier | |
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The staff is requesting approval to enter into a lease agreement with Canon Solutions America for a copy machine. The lease term is for 36 months with monthly payments of $688.
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| B. | Change Orders to the Contract for Renovations at Gentilly Terrace | |
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The original Contract Sum $ 1,910,600.00
Change order #1 25,451.38 Change order #2 152,652.40 Change order #3 40,582.36 New Contract Sum with change orders $ 2,129,286.14 |
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| C. | Other Renovation Costs at Gentilly Terrance Campus | |
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The staff has authorized renovation costs for office space in the portable buildings on the campus. The committee needs to understand the scope and costs of the completed and proposed work. |
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| IV. | Closing Items | |
| A. | Adjourn Meeting | |