Citation in context
August 27, 2019 — Meeting Minutes
Cited passage
Per the FY2020 proposed budget plan, we are submitting the maximum allowable rates for your review. Mayor Harris closed the public hearing. Alderman Winings introduced Bill No. 6751, an ordinance Setting the Property Tax Levies for Tax Year 2019 to be read for the first time by title only. Alderman McAndrew seconded. City Attorney Karr reads Bill No. 6751, first reading, an ordinance Levying and Establishing the Rate of Annual Taxes for General Municipal Purposes; Police Building Debt Service; General Obligation Deb Service; and Special Business District Purposes to be Collected by the City of Clayton, Missouri, for the Year 2019, Including Resetting Certain Tax Rates to the Voter- Approved Tax Rate Ceiling and Articulating Reasons for Doing So by title only. The motion passed unanimously on a voice vote. AN ORDINANCE TO CONSIDER APPROVING THE FY2020 OPERATING AND CAPITAL IMPROVEMENTS BUDGET – 1ST READING
Mayor Harris opened the Public hearing and requested proof of publication. Interim City Manager Watson reported that In July, the Board of Aldermen received the City Manager’s proposed Fiscal Year 2020 Operating and Capital Improvements Budget. As part of the budget process, the Board is required to hold a public hearing to seek public input prior to formal budget adoption. Kayla Pacanowski, Interim Finance Director, addressed the Board providing a summary overview of the proposed budget. Mayor Harris closed the public hearing.
Alderman Berkowitz seconded. The motion passed unanimously on a voice vote. A PUBLIC HEARING AND AN ORDINANCE TO CONSIDER APPROVING THE SALE OF SPECIAL OBLIGATION REFUNDING AND IMPROVEMENT BONDS – 1st Reading
Mayor Harris opened the Public hearing and requested proof of publication. Interim City Manager Watson reported that the City is issuing bonds for two items. The first purpose of the bonds is the cost of one-half of the renovations and expansion of The Center of Clayton. The other purpose is for the refunding of the 2009B outstanding bond issue where the City can experience approximately $720,000 in savings over the lifetime of the bonds. The total estimated amount of bonds to be issued is $12,975,000. The portion of the bonds for The Center of Clayton will mature in 2031, and the refunded bonds will mature in FY 2029. The City’s current bond rating for Special Obligation bonds has been AA+ (AAA when issuing general obligation bonds). City staff, financial advisor and bond counsel participated in a bond credit rating call on August 15, 2019 and the City received notice today that Standard and Poors has affirmed the City’s current rating. Todd Goffoy, Financial Advisor, Piper Jaffray and Mark Grimm, Bond Counsel, Gilmore & Bell, addressed the Board to answer any questions. Mayor Harris closed the public hearing.
08-27-19 BOA Minutes August 27, 2019 Page 3 of 8
Alderman Winings introduced Bill No. 6750, an ordinance to authorize and direct the issuance, sale and delivery of the Special Obligation Refunding and Improvement Bonds, Series 2019 to be read for the first time by title only. Alderman Berkowitz seconded. City Attorney Karr reads Bill No. 6750, first reading, an ordinance Approving and Authorizing Execution of a Purchase and Sale Agreement for 8049 Forsyth Boulevard by title only. The motion passed unanimously on a voice vote. Mayor Harris noted that the second reading will be on September 24, 2019. AN ORDINANCE TO CONSIDER APPROVE SETTING THE TAX YEAR 2019 PROPERTY TAX LEVIES FOR FY2020 BUDGET – 1ST READING
Mayor Harris opened the Public hearing and requested proof of publication. Interim City Manager Watson reported that each year the City must approve property tax levies which are then submitted to St. Louis County for billing. Calendar year 2019 was a reassessment year and there were significant changes in assessed values. The City experienced significant new construction growth, which increases assessed values, related to the Barton development and a partial value of the Centene development, among other smaller projects. The City can receive additional revenue up to the Consumer Price Index (CPI) which was 1.9% for this year, and for the value of the new construction. Per the FY2020 proposed budget plan, we are submitting the maximum allowable rates for your review. Mayor Harris closed the public hearing.
08-27-19 BOA Minutes August 27, 2019 Page 4 of 8
Alderman Winings introduced Bill No. 6752, to adopt the FY2020 Operating and Capital Improvement Budget issue to be read for the first time by title only. Alderman Berkowitz seconded. City Attorney Karr reads Bill No. 6752, first reading, an ordinance Adopting an Annual Budget for Fiscal Year 2020 Commencing on October 1, 2019. The motion passed unanimously on a voice vote. AN ORDINANCE TO CONSIDER AMENDING TITLE IV “LAND USE”, CHAPTER 405 (ZONING REGULATIONS) OF THE MUNICIPAL CODE OF THE CITY OF CLAYTON, MISSOURI, ARTICLE X “PLANNED UNIT DEVELOPMENT DISTRICT”
Interim City Manager Watson reported that this is the second reading of this item. Page 3 of the draft ordinance has modifications that were discussed at the last meeting, held on August 13, 2019. Section 405.1370. D. lists two alternatives to the language the amount and location of non-residential land uses in a mixed-use PUD, per the Board’s previous discussion on this topic, and therefore should the Board decide to approve the ordinance, one of the alternatives will have to be selected (as written or as modified by the Board). Gary Carter, Economic Developer, addressed the Board providing examples of developments and mixed-use percentages and to answer questions.
D. lists two alternatives to the language the amount and location of non-residential land uses in a mixed-use PUD, per the Board’s previous discussion on this topic, and therefore should the Board decide to approve the ordinance, one of the alternatives will have to be selected (as written or as modified by the Board). Gary Carter, Economic Developer, addressed the Board providing examples of developments and mixed-use percentages and to answer questions. Motion made by Alderman Winings to amend Section 405.1370 (D) of Bill No. 6734.2 to require that the first floor of a mixed use building be dedicated to commercial uses (which include retain, restaurant, entertainment venues and similar) and, further, to allow non-residential uses to be located on other floors of such building. Alderman Berkowitz seconded. The motion passed unanimously on a voice vote. Alderman Winings introduced Bill No. 6734.2, an ordinance to approve an amendment to Title IV “Land Use”, Chapter 405 (Zoning Regulations) of the Municipal Code of the City of Clayton, Missouri, Article X “Planned Unit Development District” as amended to be read for the second time by title only. Alderman Berkowitz seconded. City Attorney Karr reads Bill No. 6734.2, second reading, an Ordinance Amending Title IV “Land Use”, Chapter 405 (Zoning Regulations) of the Municipal Code of the City of Clayton, Missouri, Article X “Planned Unit Development District” and Other Actions Related Thereto by title only.