Finance Committee

City of Annapolis 160 Duke Of Gloucester Street Annapolis, MD 21401 Standing Committee Minutes Tuesday, September 15, 2015 5:00 PM Mayor John T. Chambers, Jr. City Council Chambers Finance Committee Finance Committee Standing Committee Minutes September 15, 2015 1. Call To Order Chairman Pfeiffer called the meeting to order at 5:03 p.m. Roll Call Present: 3- Alderman Pfeiffer, Alderman Arnett and Alderman Paone 2. Business before Committee a. Approval of Minutes FC090115 Approval of Minutes for the Regular Meeting Attachments: FC09.01.15. Alderman Pfeiffer moved to approve. Seconded. CARRIED on voice vote. Aye: 3- Alderman Pfeiffer, Alderman Arnett and Alderman Paone b. Grant Approvals GA-13-16 FY 2015 State Homeland Security Grant Program (SHSG) Fire/OEM Attachments: GA-13-16 Deputy Fire Chief Simmons gave an overview of the grant and answered questions from the committee. Alderman Paone moved to approve. Seconded. CARRIED on voice vote. Aye: 3- Alderman Pfeiffer, Alderman Arnett and Alderman Paone GA-14-16 FY 2015 State Homeland Security Grant Program/ Fire/OEM Attachments: GA-14-16 Deputy Fire Chief Simmons gave an overview of the grant and answered questions from the committee. Alderman Paone moved to approve. Seconded. CARRIED on voice vote. Aye: 3- Alderman Pfeiffer, Alderman Arnett and Alderman Paone GA-15-16 APD State Highway Initiative- APD Attachments: GA-15-16 Special Projects Director Hart gave an overview of the grant and answered questions from the committee. Alderman Paone moved to approve. Seconded. CARRIED on voice vote. Aye: 3- Alderman Pfeiffer, Alderman Arnett and Alderman Paone City of Annapolis Page 1 Finance Committee Standing Committee Minutes September 15, 2015 d. Budget Revision Requests GT-04-16 Transfer from OEM Salaries to OEM Operating Budget Attachments: GT-04-16 Deputy Fire Chief Simmons gave an overview of the budget transfer and answered questions from the committee. Alderman Arnett moved to recommend favorably. Seconded. CARRIED on voice vote. Aye: 3- Alderman Pfeiffer, Alderman Arnett and Alderman Paone 3. Legislation before Committee O-35-15 CITY OF ANNAPOLIS POLICE AND FIRE RETIREMENT PLAN - For the purpose of adopting the City of Annapolis Police and Fire Retirement Plan Amendment and Restatement, effective July 1, 2015. Attachments: O-35-15 Police Fire Retirement Plan Ord.docx O-35-15 Police and Fire Retirement Plan.docx O-35-15 Staff Report.pdf O-35-15 Fiscal Impact.doc O-35-15 Signed.pdf Acting Human Resources Director Hopkins gave a overview of the legislation and answered questions from the committee. Alderman Arnett moved to recommend favorably. Seconded. CARRIED on voice vote. Aye: 3- Alderman Pfeiffer, Alderman Arnett and Alderman Paone 4. General Discussion ID-419-15 Presentation-Miles & Stockbridge/ Davenport & Company- Charter Amendment for Revenue Bonds Finance Director Miller gave brief introduction of the discussion topic. Joseph Mason, Senior Vice President, Davenport & Company LLC., One James Center, Suite 1100, 901 Est Cary Street, Richmond, Virginia 23219 and Robert Doory representing Miles & Stockbridge P.C., 100 Light Street, Baltimore, Maryland 21202 gave a presentation on the discussion topic and answered questions from the committee. This Informational Item was presented 5. Adjournment Upon motion duly made, seconded and adopted, the meeting was adjourned at 5:45 p.m. City of Annapolis Page 2 Finance Committee Standing Committee Minutes September 15, 2015 Cynthia Gaines City Council Associate City of Annapolis Page 3