Audit/Finance Committee

City Hall City of Denton 215 E. McKinney St. Denton, Texas 76201 www.cityofdenton.com Meeting Agenda Audit/Finance Committee Tuesday, February 23, 2016 11:00 AM City Hall Conference Room After determining that a quorum is present, the Audit/Finance Committee of the City of Denton, Texas, will convene in a regular meeting on Tuesday, February 23, 2016 at 11:00 a.m. in the City Hall Conference Room at City Hall, 215 E. McKinney Street, Denton, Texas at which the following items will be considered: 1. REGULAR MEETING A. AF16-005 Consider Approval of Audit/Finance Committee minutes of November 17, 2015. Attachments: Exhibit 1 - Draft Minutes November 17 B. AF16-001 Receive a report, hold a discussion, and give staff direction regarding the upcoming issuance of General Obligation Bonds and Certificates of Obligation. Attachments: Exhibit 1 - Municipal Bond Rates Exhibit 2 - Red-Lined Changes to 2014 Bond Issuance Timeline Exhibit 3 - Debt Tax Rate Presentation C. AF16-002 Receive a report, hold a discussion, and give staff direction regarding a proposed contract with First Southwest Asset Management, LLC (FSAM) for investment advisory services. Attachments: Exhibit 1 - Proposed FSAM Agreement D. AF16-003 Receive a report, hold a discussion, and give staff direction regarding proposals for bank depository services (RFP #5962). Attachments: Exhibit 1 - List of Propective Banks Exhibit 2 - Bank Evaluations E. AF16-004 Receive a report, hold a discussion, and give staff direction regarding proposals for credit card and check processing services (RFP #5955). Attachments: Exhibit 1 - Listing of Prospective Vendors Exhibit 2 - Vendor Evaluations 2. CONCLUDING ITEMS City of Denton Page 1 Printed on 2/19/2016 Audit/Finance Committee Meeting Agenda February 23, 2016 A. Under Section 551.042 of the Texas Open Meetings Act, respond to inquiries from the Audit/Finance Committee or the public with specific factual information or recitation of policy, or accept a proposal to place the matter on the agenda for an upcoming meeting AND Under Section 551.0415 of the Texas Open Meetings Act, provide reports about items of community interest regarding which no action will be taken, to include: expressions of thanks, congratulations, or condolence; information regarding holiday schedules; an honorary or salutary recognition of a public official, public employee, or other citizen; a reminder about an upcoming event organized or sponsored by the governing body; information regarding a social, ceremonial, or community event organized or sponsored by an entity other than the governing body that was attended or is scheduled to be attended by a member of the governing body or an official or employee of the municipality; or an announcement involving an imminent threat to the public health and safety of people in the municipality that has arisen after the posting of the agenda. Note: The Audit/Finance Committee reserves the right to adjourn into a Closed Meeting on any item on its open meeting agenda consistent with Chapter 551 of the Texas Government Code, as amended, or as otherwise allowed by law. CERTIFICATE I certify that the above notice of meeting was posted on the bulletin board at the City Hall of the City of Denton, Texas, on the ________day of ___________________, 2016 at ________o'clock (a.m.) (p.m.) ____________________________________ CITY SECRETARY NOTE: THE CITY HALL CONFERENCE ROOM AT CITY HALL IS HANDICAP-ACCESSIBLE IN ACCORDANCE WITH THE AMERICANS WITH DISABILITIES ACT. THE CITY WILL PROVIDE SIGN LANGUAGE INTERPRETERS FOR THE HEARING IMPAIRED IF REQUESTED AT LEAST 48 HOURS IN ADVANCE OF THE SCHEDULED MEETING. PLEASE CALL THE CITY SECRETARY'S OFFICE AT 940/349-8309 OR USE TELECOMMUNICATIONS DEVICES FOR THE DEAF (TDD) BY CALLING 1-800-RELAY-TX SO THAT A SIGN LANGUAGE INTERPRETER CAN BE SCHEDULED THROUGH THE CITY SECRETARY'S OFFICE. City of Denton Page 2 Printed on 2/19/2016