Finance Committee - 06-16-26

The City of Cheyenne Finance Committee met on June 16, 2026, to discuss several procurement and budget-related items. Key discussions included approval of terms and conditions for Cheyenne Police Department sworn officers, and a resolution to apply for a loan from the Wyoming Drinking Water State Revolving Fund to replace lead water service lines, with potential 25% principal forgiveness to reduce costs for ratepayers. The committee also reviewed a grant application for $868,000 from the Wyoming Department of Transportation for safety upgrades at the Persing Boulevard and Windmill Road intersection. Additionally, the committee considered acceptance of a $2.9 million donation from Tallgrass ILS Holdings LLC for affordable housing projects, and approved a $380,928.80 minimum revenue guarantee contract to support regional air service. Other procurement actions included a $100,000 economic development services contract with the Cheyenne Laramie County Corporation, renewal of a Downtown Development Authority agreement with a $283,513 budget for operations, a $300,854 contract for crisis response services with Youth Alternatives and the Laramie County School District, and a contract modification increasing public defender services funding to $90,000. Finally, the committee approved a $350,000 purchase of a Vietnam War Memorial Wall for Lions Park, funded through a combination of fundraising, state funds, and enhancement funds. All motions were approved unanimously except for a few noted dissenting votes, and all items were recommended for approval by the governing body at their next meeting.