10-18-16 BOA Minutes October 18, 2016 Page 8 of 11 End Diversified Core Equity) Index as the Board believed this index more appropriately matches the plan’s investment in this asset class. The authority for changes to the investment policy statement resides with the Board of Aldermen since they are responsible for the funding of the plan. At the August 10, 2016, Uniformed Employees’ Pension Plan trustee meeting, the trustees voted to recommend the changes to the plan’s investment policy statement. Alderman Garnholz moved to approve Resolution No. 16-21, a resolution to approve the Investment Policy Statement for the Uniformed Employee’s Pension Plan. Alderman Winings seconded. The motion passed unanimously on a voice vote. AN ORDINANCE TO CONSIDER AUTHORIZING AN AGREEMENT BETWEEN THE CITY AND CENTURYLINK AND AN AGREMENT WITH THE SCHOOL DISTRICT OF CLAYTON RELATED TO FIBER OPTIC CONNECTIONS

City Manager Owens reported that the City has had an agreement in place with CenturyLink (previously CenturyTel) for twenty years, with a ten-year renewal last having occurred in 2006, to provide fiber optic connections between City buildings and facilities at no annual cost. In exchange for these connection lines the City provided CenturyLink a license to use the City rights-of-way at no annual cost. In addition, the City had a verbal agreement with the School District of Clayton for their facilities to participate in this arrangement, therefore the school district also has received their fiber optic connections between facilities using the fiber provided through the City’s agreement with CenturyLink at no cost.

In exchange for these connection lines the City provided CenturyLink a license to use the City rights-of-way at no annual cost. In addition, the City had a verbal agreement with the School District of Clayton for their facilities to participate in this arrangement, therefore the school district also has received their fiber optic connections between facilities using the fiber provided through the City’s agreement with CenturyLink at no cost. All parties are satisfied with the current arrangement and believe them to be mutually beneficial. Therefore staff are requesting the City renew the agreement with CenturyLink for these rights and connections and establish a written agreement with the school district regarding their use of these connections. Attached are those agreements. Recommendation is to approve the attached ordinance authorizing the City Manager to execute an agreement with CenturyLink for a license for transmission lines in the right of way and for the City’s right to use fiber optic connections provided through CenturyLink, and an agreement with the School District of Clayton to share in the fiber optic connections.

Alderman Garnholz introduced Bill No. 6587, an Ordinance Authorizing an Agreement Granting to Centurylink Communications, LLC, a License to Construct, Operate, Maintain and Replace Communication Transmission Lines In and Upon Public Roads and Rights of Way in the City of Clayton, Missouri; Providing for the Regulation of the License So Granted; and Providing for Compensation to the City of Clayton for the Grant Thereof; and, Authorizing an Agreement Between the City and the School District of Clayton Relative to the Use of Certain Communication Transmission Lines Provided to the City By Centurylink Communications LLC and Located within the City’s Rights of Way to be read for the first time by title only. Alderman Winings seconded. City Attorney Heinz reads Bill No. 6587, an Ordinance Authorizing an Agreement Granting to Centurylink Communications, LLC, a License to Construct, Operate, Maintain and Replace Communication Transmission Lines In and Upon Public Roads and Rights of Way in the City of Clayton, Missouri; Providing for the Regulation of the License So Granted; and Providing for Compensation to the City of Clayton for the Grant Thereof; and, Authorizing an Agreement Between the City and the School District of Clayton Relative to the Use of Certain Communication Transmission Lines Provided to the City

10-18-16 BOA Minutes October 18, 2016 Page 9 of 11 By Centurylink Communications LLC and Located within the City’s Rights of Way 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. 6587 on the day of its introduction. Alderman Winings seconded. Alderman Garnholz introduced Bill No. 6587, an Ordinance Authorizing an Agreement Granting to Centurylink Communications, LLC, a License to Construct, Operate, Maintain and Replace Communication Transmission Lines In and Upon Public Roads and Rights of Way in the City of Clayton, Missouri; Providing for the Regulation of the License So Granted; and Providing for Compensation to the City of Clayton for the Grant Thereof; and, Authorizing an Agreement Between the City and the School District of Clayton Relative to the Use of Certain Communication Transmission Lines Provided to the City By Centurylink Communications LLC and Located within the City’s Rights of Way to be read for the second time by title only. Alderman Winings seconded.