Agenda for Regular Meeting Revision

02/07/2019 6:30 pm

Non-Legislative Business

HARLEE

  • Sympathy Charalane “Laney” Hoxter
  • Sympathy Paul D. Purnell, Jr.

OLIVER             

  • Sympathy Olive Anita Stewart Mayfield
  • Sympathy Bishop Joseph Brown, Jr.

*Note: This Agenda is being amended to add item #4611 (Ord. 18-057) to meet an obligation. Also, a correction was made to the synopsis to agenda item #4618.


Legislative Business

TURNER

Agenda Item #4616 - Ord. 19-002
1st & 2nd Reading - Referred to PW&T
An Ordinance to Enact Certain Parking Regulations

Synopsis:  This Ordinance is being presented by the Administration for Council’s review and approval. This Ordinance approves various parking regulations in the City.


ADAMS

Agenda Item #4617 - Ord. 19-003
1st & 2nd Reading - Referred to F&ED
An Ordinance to Amend Chapter 2 of the City Code to Repeal Section 2-358 Thereof Regarding the Annual Reconciliation of Operating Budget Accounts

Synopsis:  This Ordinance is being presented by the Administration for Council’s review and approval. This Ordinance amends Chapter 2 of the City Code by repealing Section 2-358 thereof.


GUY

Agenda Item #4618 - Ord. 19-004
1st & 2nd Reading- Referred to F&ED
An Ordinance to Amend Chapter 2 of the City Code in Order to Authorize the City Treasurer Access to the Budget Reserve Account funds at the End of a Fiscal Year and Replenishment of the Budget Reserve Account Funs in the Ensuing Year for Fiscal Year 2019

*Synopsis:   This Ordinance is being presented by the City Treasurer for Council’s review and approval. This Ordinance amends Chapter 2 §2-376.3(c)*, by extending from July 1, 2018 to June 30, 2019, the authorization of the City Treasurer to access budget reserve account funds and the requirement to replenish those funds no later than October 1, 2019.

Agenda Item #4611* - Ord. 18-057
3rd & Final Reading - Passed
Authorizing the Issuance of the City's General Obligation Bond, Series of 2019-SRF in Order to Provide Funds Necessary to Finance Capital Projects of the City Relating to Various Water Main Distribution Improvements and Upgrades Throughout the City; Providing for the Sale of the Bond to the Delaware Drinking Water State Revolving Fund; and Authorizing Other Necessary Action

Synopsis:  This Ordinance is being presented by the City Treasurer’s Office for Council’s review and approval to authorize the issuance of a General Obligation Bond, Series of 2019-SRF, in an amount not to exceed $5,000,000, which will be sold to the Delaware Drinking Water State Revolving Fund in order to(i) finance capital projects of the City, specifically, certain improvements and upgrades to the City’s                water main distribution infrastructure as set forth in the City’s capital budget for its Fiscal Year ending June 30, 2018, (ii) pay administrative costs relating to such capital projects, and (iii) pay the costs of issuing the Bond.

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