Finance and Budget Committee

The City of Lee's Summit Final Agenda Finance and Budget Committee Monday, December 4, 2017 5:30 PM City Council Chambers City Hall 220 SE Green Street Lee's Summit, MO 64063 1. CALL TO ORDER 2. ROLL CALL 3. APPROVAL OF AGENDA 4. PUBLIC COMMENTS 5. BUSINESS A. 2017-1655 Minutes from F&BC Meeting 11-6-17 B. 2017-1664 Investment Portfolio Report for the quarter ending September 30, 2017 Presenter: Presenter: Sherri Staub Cash Management Officer C. 2017-1677 A RESOLUTION REVISING THE INVESTMENT POLICY OF THE CITY OF LEE’S SUMMIT, MISSOURI. Presenter: Presenter: Bette Wordelman D. TMP-0741 AN ORDINANCE AUTHORIZING THE ISSUANCE OF SPECIAL OBLIGATION TAX INCREMENT AND SPECIAL DISTRICT REFUNDING AND IMPROVEMENT BONDS (SUMMIT FAIR PROJECT), SERIES 2017 OF THE CITY OF LEE’S SUMMIT, MISSOURI, AND AUTHORIZING CERTAIN OTHER ACTIONS IN CONNECTION WITH THE EXECUTION AND DELIVERY OF THE BONDS. Presenter: Presenter: Conrad E. Lamb, Finance Director E. 2017-1683 Approval of Purchase of Structural Firefighting Gear in the amount not to exceed $76,000. Presenter: Presenter: Brian Austerman. Assistant Chief, Fire Dept. The City of Lee's Summit Page 1 Finance and Budget Committee Final Agenda December 4, 2017 F. TMP-0682 AN ORDINANCE APPROVING THE AWARD OF BID NO. 2018-001 FOR A YEARLY TERM & SUPPLY CONTRACT WITH FOUR POSSIBLE ONE YEAR RENEWALS FOR CITY ORDERED TOW SERVICES TO RON’S AUTO & TRUCK TOWING, LLC AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE SAME BY AND ON BEHALF OF THE CITY. Presenter: Presenter: Ben Calia, Procurement and Contract Services Manager G. TMP-0726 AN ORDINANCE AUTHORIZING THE EXECUTION OF AN AGREEMENT BY AND BETWEEN THE CITY OF LEE’S SUMMIT, MISSOURI AND MOTOROLA SOLUTIONS, INC., IN THE AMOUNT OF $7,996,943.28 FOR THE PURCHASE OF P25 RADIO SYSTEM SOLUTION THROUGH A COOPERATIVE PURCHASING AGREEMENT WITH THE KANSAS CITY REGIONAL PURCHASING COOPERATIVE OF JOHNSON COUNTY, KANSAS, AND AUTHORIZING THE CITY MANAGER TO EXECUTE THE SAME BY AND ON BEHALF OF THE CITY OF LEE’S SUMMIT, MISSOURI. (F&BC 12-4-17) Presenter: Presenter: Major Mark Taylor H. TMP-0743 AN ORDINANCE APPROVING THE SALE OF AN IMPROVED LOT LEGALLY DESCRIBED AS LOT 9B, RITTER PLAZA LOT 9A AND LOT 9B, A SUBDIVISION IN LEE’S SUMMIT, JACKSON COUNTY, MISSOURI, FROM HB SUMMIT, LLC, TO VEREIT REAL ESTATE, L.P., AND AUTHORIZATION TO ENTER INTO A TRANSFEREE AGREEMENT BETWEEN VEREIT REAL ESTATE, L.P., HB SUMMIT, LLC, AND THE CITY OF LEE'S SUMMIT. Presenter: Presenter: Nancy K. Yendes, Chief Counsel, Infrastructure and Zoning I. TMP-0737 AN ORDINANCE APPROVING THE AWARD OF BID NO. 2017-130 FOR TWO ONE-YEAR CONTRACTS WITH THREE (3) POSSIBLE ONE-YEAR CONTRACT RENEWALS FOR COMPOUND WATER METERS TO HD SUPPLY AND DISPLACEMENT WATER METERS TO MIDWEST METER FOR THE WATER UTILITIES DEPARTMENT AND AUTHORIZING THE CITY MANAGER TO ENTER INTO AND EXECUTE AN AGREEMENT FOR THE SAME WITH HD SUPPLY AND MIDWEST METER BY AND ON BEHALF OF THE CITY OF LEE’S SUMMIT, MISSOURI. Presenter: Presenter: Brent Boice, Assistant Director of Business Services, Lee's Summit Water Utilities J. TMP-0094 AN ORDINANCE AUTHORIZING THE CREATION OF A COMMUNITY FOUNDATION TO BE KNOWN AS THE CITY OF LEE’S SUMMIT COMMUNITY FOUNDATION; AND APPROVING THE BYLAWS OF THE SAME. Presenter: Presenter: Stephen Arbo K. 2017-1631 CONTINUED DISCUSSION OF PRIORITY BASED BUDGETING Presenter: Presenter: Jack Feldman, Management Analyst L. 2017-1689 PRESENTATION OF THE OCTOBER GENERAL FUND FINANCIAL DASHBOARD Presenter: Presenter: Jack Feldman, Management Analyst The City of Lee's Summit Page 2 Finance and Budget Committee Final Agenda December 4, 2017 ROUNDTABLE ADJOURNMENT For your convenience, City Council agendas, as well as videos of City Council and Council Committee meetings, may be viewed on the City’s Internet site at "www.cityofls.net". The City of Lee's Summit Page 3