Citation in context
October 18, 2016 — Meeting Minutes
Cited passage
Alderman Winings seconded. City Attorney Heinz reads Bill No. 6576, as amended, an ordinance Amending Chapter 350 of the Clayton City Code by the Addition of a New Article and Section Pertaining to Established Fines for Parking Violations to be read for the second time by title only. Alderman Garnholz – Aye; Alderman Winings – 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. 6455 of the City of Clayton. A RESOLUTION TO CONSIDER APPROVING THE PURCHASE OF TWO LICENSE PLATE READER SYSTEMS FOR USE WITH PARKING ENFORCEMENT
Alderman Garnholz moved to approve Resolution No. 16-20, a resolution to approve the purchase of two license plate reader systems for use with parking enforcement. Alderman Winings seconded. The motion passed unanimously on a voice vote. A RESOLUTION TO CONSIDER A REVISION AND TO APPROVE THE INVESTMENT POLICY STATEMENT FOR THE UNIFORMED EMPLOYEES’ PENSION PLAN
Haley Rives, Asset Consulting, addressed the Board giving a brief summary of the proposed changes.
Alderman Garnholz – Aye; Alderman Winings – 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. 6454 of the City of Clayton. AN ORDINANCE TO CONSIDER AMENDING CHAPTER 350 OF THE CLAYTON CITY CODE PERTAINING TO MINIMUM FINES FOR PARKING VIOLATIONS
Alderman Garnholz moved to amend Bill No. 6576 to include the following, “a 50% discount will be applied to any fines for expired meter under Section 350.17 if paid within 30 minutes at the Traffic Violations Bureau” Alderman Winings seconded. The motion passed unanimously on a voice vote.
10-18-16 BOA Minutes October 18, 2016 Page 7 of 11
Alderman Garnholz introduced Bill No. 6576 as amended, an ordinance Amending Chapter 350 of the Clayton City Code by the Addition of a New Article and Section Pertaining to Established Fines for Parking Violations to be read for the first time by title only. Alderman Winings seconded. City Attorney Heinz reads Bill No. 6576, as amended, an ordinance Amending Chapter 350 of the Clayton City Code by the Addition of a New Article and Section Pertaining to Established Fines for Parking Violations to be read 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. 6576 as amended on the day of its introduction. Alderman Winings seconded. The motion passed unanimously on a voice vote. Alderman Garnholz introduced Bill No. 6576, as amended, an ordinance Amending Chapter 350 of the Clayton City Code by the Addition of a New Article and Section Pertaining to Established Fines for Parking Violations to be read for the second time by title only. Alderman Winings seconded. City Attorney Heinz reads Bill No. 6576, as amended, an ordinance Amending Chapter 350 of the Clayton City Code by the Addition of a New Article and Section Pertaining to Established Fines for Parking Violations to be read for the second time by title only.
The motion passed unanimously on a voice vote. A RESOLUTION TO CONSIDER A REVISION AND TO APPROVE THE INVESTMENT POLICY STATEMENT FOR THE UNIFORMED EMPLOYEES’ PENSION PLAN
Haley Rives, Asset Consulting, addressed the Board giving a brief summary of the proposed changes. The recommended changes are as follows: 1) Corporate Bond Portfolio – Commerce Bank has requested to reduce the overall credit quality of the portfolio from “AA or higher” to “A or higher.” The reason for this change is that it has been difficult to purchase and maintain this level of quality in the portfolio. 2) Real Estate Investment Benchmark – The Board voted to recommend changing the comparable benchmark for this asset class from the NCREIF (National Council of Real Estate Investment Fiduciaries) Index to a more specific index of the NFI ODCE (Open
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.