The motion passed unanimously on a voice vote. Alderman Garnholz introduced Bill No. 6501, an ordinance to consider approving a subdivision plat for 25 N. Central Avenue to be read for the second time by title only. Alderman Boulton seconded. City Attorney O’Keefe reads Bill No. 6501, An Ordinance Providing For The Approval Of A Plat Of Certain Property Generally Located At 25 North Central Avenue In The City Of Clayton, Missouri for the second time by title only.

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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.

The bill was adopted and became Ordinance No. 6375 of the City of Clayton. Alderman Winings rejoined the meeting. AN ORDINANCE TO CONSIDER APPROVING A 2ND QUARTER AMENDMENT TO THE FISCAL YEAR 2015 BUDGET

Janet Watson reported that the City of Clayton reviews and makes adjustments to its budgeted revenues and expenditures on a quarterly basis to respond to changes as the fiscal year progresses and to update the Board

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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.