06-09-15 BOA Minutes June 9, 2015 Page 13 of 17

Alderman Garnholz – Aye; Alderman Boulton – Aye; Alderman Berger – Aye; Alderman Lintz – Aye; Alderman Berkowitz – Aye; and Mayor Sanger – Aye. The bill was adopted and became Ordinance No. 6374 of the City of Clayton. BILL NO. 6502 – AN ORDINANCE FOR ESTABLISHING THE 25 NORTH CENTRAL COMMUNITY IMPROVEMENT DISTRICT, DECLARING PROPERTY WITHIN THE DISTRICT AS BLIGHTED AND APPROVING A DEVELOPMENT AGREEMENT

Alderman Garnholz introduced Bill No. 6502, an ordinance to consider a request for the formation of the 25 N. Central Community Improvement District to be read for the first time by title only. Alderman Boulton seconded. City Attorney O’Keefe reads Bill No. 6502, An Ordinance Of The City Of Clayton, Missouri, Approving A Petition Requesting The Creation Of The 25 North Central Community Improvement District; Declaring The Property Within Said District To Be A Blighted Area Under The Community Improvement District Act; Establishing The District As A Political Subdivision Of The State Of Missouri; Directing The City Clerk To Notify The Missouri Department Of Economic Development Of The Creation Of The District; Approving A Development Agreement Among The City, The District And Opus Development Company, L.L.C.; Authorizing Certain Actions In Connection Therewith; And Containing A Severability Clause for the first time by title only. The motion passed unanimously on a voice vote. Alderman Garnholz moved that the Board give unanimous consent to consideration for adoption of Bill No. 6502 on the day of its introduction. Alderman Boulton seconded.

Alderman Garnholz moved that the Board give unanimous consent to consideration for adoption of Bill No. 6502 on the day of its introduction. Alderman Boulton seconded. The motion passed unanimously on a voice vote. Alderman Garnholz introduced Bill No. 6502, an ordinance to consider a request for the formation of the 25 N. Central Community Improvement District to be read for the second time by title only. Alderman Boulton seconded. City Attorney O’Keefe reads Bill No. 6502, An Ordinance Of The City Of Clayton, Missouri, Approving A Petition Requesting The Creation Of The 25 North Central Community Improvement District; Declaring The Property Within Said District To Be A Blighted Area Under The Community Improvement District Act; Establishing The District As A Political Subdivision Of The State Of Missouri; Directing The City Clerk To Notify The Missouri Department Of Economic Development Of The Creation Of The District; Approving A Development Agreement Among The City, The District And Opus Development Company, L.L.C.; Authorizing Certain Actions In Connection Therewith; And Containing A Severability Clause for the second time by title only. Alderman Garnholz – Aye; Alderman Boulton – Aye; Alderman Berger – Aye; Alderman Lintz – Aye; Alderman Berkowitz – Aye; and Mayor Sanger – Aye. The bill was adopted and became Ordinance No. 6375 of the City of Clayton. Alderman Winings rejoined the meeting.

06-09-15 BOA Minutes June 9, 2015 Page 14 of 17

regarding budgetary issues. As part of the quarterly budget review, staff is presenting for your consideration the second amendment to the Fiscal Year 2015 (FY15) budget. The reductions in this amendment help offset approximately $270,000 in safe demonstration costs for this year. As a reminder, the 2nd Quarter Financial Report will be on the following agenda. ALL FUNDS FY 2015 FY 2015 FY 2015 Amendments 2nd Quarter Budget Original Previously Amendment After This % Budget

Approved

Requested Amendment Change Beginning Fund Balance $88,111,335 $88,111,335 Revenues $49,958,405 ($121,230) $300,000 $50,137,175 0.4% Expenditures $54,748,818 $877,590 $29,074 $55,655,482 1.7% Net Change ($998,820) $270,926 Ending Fund Balance $83,320,922 $82,593,028

General Fund Revenue – No change

Expenditures – Net Decrease of $270,926  Public Works - This savings of $60,000 in salaries and benefits occurred due to the vacancy of two positions in the Engineering division.  Events – Changes in planned events will result in a savings of $38,000 for direct event costs, as well as the necessary overtime to support the events.  Fire Department Savings – Several areas will result in savings of $22,726 from the planned budget.

As a reminder, the 2nd Quarter Financial Report will be on the following agenda. ALL FUNDS FY 2015 FY 2015 FY 2015 Amendments 2nd Quarter Budget Original Previously Amendment After This % Budget

Approved

Requested Amendment Change Beginning Fund Balance $88,111,335 $88,111,335 Revenues $49,958,405 ($121,230) $300,000 $50,137,175 0.4% Expenditures $54,748,818 $877,590 $29,074 $55,655,482 1.7% Net Change ($998,820) $270,926 Ending Fund Balance $83,320,922 $82,593,028

General Fund Revenue – No change

Expenditures – Net Decrease of $270,926  Public Works - This savings of $60,000 in salaries and benefits occurred due to the vacancy of two positions in the Engineering division.  Events – Changes in planned events will result in a savings of $38,000 for direct event costs, as well as the necessary overtime to support the events.  Fire Department Savings – Several areas will result in savings of $22,726 from the planned budget. These include savings in supplies and commodities that would have been spent if the department had needed to hire new employees; less purchases of fire hose and training equipment were needed; and accreditation fees were less than planned.  Police Department Savings - This savings of $57,400 includes salary and benefit savings from two vacant positions, a reduction in training costs and a savings from the reduction in ECDC quarterly charges beginning with the last quarter of this year.  Information Technology - This savings of $43,500 includes a reduction in software maintenance due to the timing of new systems, and savings in other projects which came in less than budgeted or will not be purchased this year.  Finance – This small savings of $4,300 is due to the ability to locate a free investment tracking tool instead of purchasing one, and a reduction in planned training.  Parks & Recreation – These savings of $45,000 include a staff vacancy, reduced normal maintenance and repair on the ice rink which did not include the replacement of compressors, and savings on travel and training due to the timing of planned training which will occur in next fiscal year.