Finance Committee - 06-02-26

The City of Cheyenne Finance Committee met on June 2, 2026, to discuss several procurement and budget-related items. Key procurement actions included approval of a professional services agreement with AVI Professional Corporation for a road feasibility study at a cost not to exceed $252,522.97, acceptance of a bid from Floyd's Truck Center for a new lube truck totaling $472,997.90, and approval of a construction bid with GTO Group for school zone safety improvements amounting to $671,369. The committee also reviewed contract renewals for employee health benefits with Blue Cross Blue Shield, Companion Life for stop-loss insurance, and Delta Dental, with noted rate increases except for dental which had a rate pass. Additionally, a contract modification with HDR Engineering for the 18th Street reconstruction project was approved with an added $313,197 to address storm sewer rerouting and drainage improvements. The committee recommended acceptance of a $3.5 million donation for affordable housing and approved a real estate purchase agreement for land acquisition to support this project. Several ordinances adjusting utility rates and solid waste fees were also approved. Motions related to these procurement and budget items were unanimously passed or recommended to the governing body, with some dissent noted from Councilman Moody on select items.