City Council Work Sessions

City Council Work Session September 16, 2020 Work Session of the Suffolk City Council was held in the City Council Chamber, 442 West Washington Street, on Wednesday, September 16, 2020, 4:30 p.m. PRESENT Council Members - Linda T. Johnson, Mayor, presiding Leroy Bennett, Vice Mayor Michael D. Duman Donald Z. Goldberg Roger W. Fawcett Timothy J. Johnson Curtis R. Milteer, Sr. Lue R. Ward, Jr. Patrick G. Roberts, City Manager Helivi L. Holland, City Attorney Erika S. Dawley, City Clerk ABSENT None PLAN OF FINANCE UPDATE – VRA REFUNDING OPPORTUNITIES Utilizing a Power Point presentation, David Rose, Senior Vice President, Davenport and Company, the City’s financial advisor, provided information about the above referenced item. Referring to the presentation, Council Member Duman inquired about the impact of the $10.6 million in savings as a result of the refinancing the existing debt. Mr. Rose reported that roughly three-fourths of the savings would be related to utilities. Referring to the presentation, Council Member Duman opined about the feasibility of delaying the proposed water rate increases for the remainder of the year, since there are a savings as a result of the refinancing of the existing debt. Mayor Johnson queried about the City’s utility relief program for residents who are financially impacted by the coronavirus virus pandemic. City Manager Roberts replied that the Social Services Department is administering the utility relief program for residents who are financially impacted by the coronavirus virus pandemic. Vice Mayor Bennett opined about concerns he has received from residents about increasing water and sewer rates. City Manager Roberts stated that residents could contact the Public Utilities Department about their concerns. 1 City Council Work Session September 16, 2020 The Work Session adjourned at 4:50 p.m. Teste: _____________________________________________ Erika S. Dawley, MMC, City Clerk APPROVED: FEBRUARY 17, 2021 2