09-14-2021 BOA Minutes09-14-2021 BOA Minutes September 14, 2021 Page 3 of 7

Mayor Harris closed the public hearing. Alderman Lintz introduced Bill No. 6860, to approve the Fiscal Year 2022 Operating and Capital Improvements Budget to be read for the first time by title only. Alderman Berkowitz seconded. City Attorney O’Keefe reads Bill No. 6860, first reading, an Ordinance Adopting an Annual Budget for Fiscal Year 2022 Commencing on October 1, 2021, and Appropriating Funds Pursuant Thereto by title only. The motion passed unanimously on a voice vote.

7:58 p.m. Alderman Lintz excused himself from the meeting. AN ORDINANCE TO CONSIDER APPROVING A RIGHT OF WAY VACATION FOR 7827 DAVIS DRIVE

City Manager David Gipson reported that this is an ordinance to consider a request for a right- of-way vacation to vacate property which is located south of 7827 Davis Drive (Lot 17 of the Davis Place Subdivision) and is a strip of undeveloped and unused right-of-way. Alderman McAndrew noted that Mr. Guignon, applicant, was in attendance (as an attendee virtually). Alderman Berkowitz introduced Bill No. 6861, to approve a right-of-way vacation to vacate property located south of 7827 Davis Drive (Lot 17 of the Davis Place Subdivision) to be read for the first time by title only. Alderman McAndrew seconded. City Attorney O’Keefe reads Bill No. 6861, first reading, an Ordinance Vacating Certain Right-Of-Way Which Was Previously Dedicated to the City of Clayton and Is Not Necessary for Right-Of-Way or Used for Travel by the Public by title only. The motion passed unanimously on a voice vote.

City Attorney O’Keefe reads Bill No. 6861, first reading, an Ordinance Vacating Certain Right-Of-Way Which Was Previously Dedicated to the City of Clayton and Is Not Necessary for Right-Of-Way or Used for Travel by the Public by title only. The motion passed unanimously on a voice vote. Motion made by Alderman Berkowitz that the Board give unanimous consent to consideration for adoption of Bill No. 6861 on the day of its introduction. Alderman McAndrew seconded. The motion passed unanimously on a voice vote. Alderman Berkowitz introduced Bill No. 6861, to approve a right-of-way vacation to vacate property located south of 7827 Davis Drive (Lot 17 of the Davis Place Subdivision) to be read for the second time by title only. Alderman McAndrew seconded. City Attorney O’Keefe reads Bill No. 6861, second reading, an Ordinance Vacating Certain Right-Of-Way Which Was Previously Dedicated to the City of Clayton and Is Not Necessary for Right-Of-Way or Used for Travel by the Public by title only. The motion passed on a roll call vote: Alderman Berkowitz – Aye; Alderman McAndrew – Aye; Alderman Buse – Aye; Alderman Patel – Aye; Alderman Feder – Aye; and Mayor

Alderman McAndrew seconded. City Attorney O’Keefe reads Bill No. 6862, first reading, an Ordinance Designating Gilmore Bell as Bond Counsel for the City of Clayton, Missouri, for a Refunding of the 2011 Special Obligation Bonds and a Refunding of the 2014 General Obligation Bond Issues and Establishing Terms and Conditions for Such Services by title only. The motion passed unanimously on a voice vote. Motion made by Alderman Berkowitz that the Board give unanimous consent to consideration for adoption of Bill No. 6862 on the day of its introduction. Alderman McAndrew seconded. The motion passed unanimously on a voice vote. Alderman Berkowitz introduced Bill No. 6862, to approve an ordinance engaging Gilmore Bell as bond counsel for the refunding of the 2011 Special Obligation Bonds and the 2014 General Obligation Bonds to be read for the second time by title only. Alderman McAndrew seconded. City Attorney O’Keefe reads Bill No. 6862, second reading, an Ordinance Designating Gilmore Bell as Bond Counsel for the City of Clayton, Missouri, for a Refunding of the 2011 Special Obligation Bonds and a Refunding of the 2014 General Obligation Bond Issues and Establishing Terms and Conditions for Such Services by title only. The motion passed on a roll call vote: Alderman Lintz – Aye; Alderman Berkowitz – Aye; Alderman McAndrew – Aye; Alderman Buse – Aye; Alderman Patel – Aye; Alderman Feder – Aye; and Mayor Harris – Aye. The bill, having received majority approval was adopted and became Ordinance No. 6719 of the City of Clayton.

09-14-2021 BOA Minutes09-14-2021 BOA Minutes September 14, 2021 Page 5 of 7

AN ORDINANCE TO CONSIDER APPROVING PIPER SANDLER AS FINANCIAL ADVISOR FOR THE 2021 SPECIAL OBLIGATION REFUNDING BONDS AND A FUTURE GENERAL OBLIGATION BOND ISSUE

City Manager Gipson reported that in 2019, the City entered into an agreement with Piper Jaffray, now Piper Sandler, for municipal financial advisory services. The City is again in need of services related to two upcoming bond issues which are the 2011 Special Obligation Bonds refunding (refinancing) and the 2014 General Obligation Bonds refunding. These bond issues will occur over the next few months and the City and citizens should realize significant interest savings over the remaining life of the bonds. Todd Goffoy, Piper Sandler, was in attendance (virtually) to answer questions. Alderman Berkowitz introduced Bill No. 6863, to approve an ordinance designating Piper Sandler as the City’s financial advisor for the 2011 Special Obligation Bonds refunding and the 2014 General Obligation Bonds refunding to be read for the first time by title only. Alderman McAndrew seconded. City Attorney O’Keefe reads Bill No. 6863, first reading, an Ordinance Designating Piper Sandler as Financial Advisor for the City of Clayton, Missouri, for a Refunding of the 2011 Special Obligation Bonds and a Refunding of the 2014 General Obligation Bonds and Establishing Terms and Conditions for Such Services by title only. The motion passed unanimously on a voice vote. Motion made by Alderman Berkowitz that the Board give unanimous consent to consideration for adoption of Bill No. 6863 on the day of its introduction.