Finance Committee for 9/14/2026

The City of Troy, Ohio Finance Committee met on September 14, 2026, to discuss two procurement-related issues. First, they recommended amending resolution R362025 to increase the contract with Gov Connections Inc. by $15,000 annually, raising the total to $115,000 per year, to add a cybersecurity component managed by Arctic Wolf. This addition aims to address ongoing vulnerabilities through automated fixes and manual work, with a unanimous recommendation to proceed with emergency legislation due to the price increase. Second, the committee reviewed a grant application for the demolition of a structure at 330 South Crawford Street. The building is currently listed for sale on GovDeals with a reserve price of $15,000, reflecting the anticipated costs and salvage value. If the building does not sell, the committee recommended applying for a demolition grant to avoid local taxpayer expenses, again moving forward with emergency legislation due to the grant deadline. Both items received unanimous support to advance to the city council for approval.