The Finance Committee will meet Tuesday, February 20, 2018 at 6:00 PM in the East Conference Room (adjacent to the Auditorium) of Lakewood City Hall, 12650 Detroit Avenue.  The agenda is as follows:

1. Discussion with Bond Counsel and Representatives from Key Bank

2. ORDINANCE NO. 7-18– AN ORDINANCE authorizing the issuance of special obligation income tax revenue notes in the amount not to exceed $21,687,000 in anticipation of the issuance of bonds to pay costs of 2016 & 2017 issued one year Bond Anticipation Notes. (REFERRED TO THE FINANCE COMMITTEE 2/5/18)

3. ORDINANCE NO. 8-18 – AN ORDINANCE authorizing issuance of special obligation Income Tax Revenue Notes not to exceed $160,000 for City Parking Lot Resurfacing. (REFERRED TO THE FINANCE COMMITTEE 2/5/18) 

4. ORDINANCE NO. 9-18 – AN ORDINANCE authorizing the issuance of special obligation income tax revenue notes not to exceed $375,000 for Police Firing Range.  (REFERRED TO THE FINANCE COMMITTEE 2/5/18)

5. ORDINANCE NO. 10-18 – AN ORDINANCE authorizing the issuance of special obligation income tax revenue notes not to exceed $375,000 for Parks Improvements.  (REFERRED TO THE FINANCE COMMITTEE 2/5/18)

6. ORDINANCE NO. 11-18 – AN ORDINANCE authoring the issuance of special obligation income tax revenue notes not to exceed $475,000 for Municipal Building Roof Improvements.  (REFERRED TO THE FINANCE COMMITTEE 2/5/18)

7. ORDINANCE NO. 12-18 – AN ORDINANCE authorizing the issuance of special obligation income tax revenue notes not to exceed $700,000 for Sidewalk Improvements.   (REFERRED TO THE FINANCE COMMITTEE 2/5/18)

8. ORDINANCE NO. 13-18 – AN ORDINANCE authorizing the issuance of special obligation income tax revenue notes not to exceed $1,325,000 for Lake Avenue Improvements (Belle Avenue. To W. 117^th.) (REFERRED TO THE FINANCE COMMITTEE 2/5/18)

9. ORDINANCE NO. 14-18 – AN ORDINANCE authorizing the issuance of special obligation income tax revenue notes not to exceed $2,315,500 for Water Line Replacements.  (REFERRED TO THE FINANCE COMMITTEE 2/5/18)

10. ORDINANCE NO. 15-18 – AN ORDINANCE authorizing the issuance of special obligation income tax revenue notes not to exceed $2,375,000 for Sewer Improvements.  (REFERRED TO THE FINANCE COMMITTEE 2/5/18) 

11. ORDINANCE NO. 16-18 – AN ORDINANCE authorizing the issuance of special obligation income tax revenue notes not to exceed $2,500,000 for Wastewater Treatment Plan Digester Improvements.  (REFERRED TO THE FINANCE COMMITTEE 2/5/18) 

12. ORDINANCE NO. 17-18 – AN ORDINANCE to take effect immediately provided it receives the affirmative vote of two thirds members of Council, or otherwise to take effect and be in force after the earliest period allowed by law, authorizing the Director of Finance to enter into Equipment Leases in forms approved by the Director of Law on behalf of the City of Lakewood.  (“City”).  (REFERRED TO THE FINANCE COMMITTEE 2/5/18) (*Substitute Ordinance 17-18 expected to be presented in committee)

13. ORDINANCE NO.  4-18 – AN ORDINANCE to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council to adopt 128.22 through 128.2215 of the Codified Ordinances as mandated by the state legislature to authorize state officials to collect and administer municipal net profit taxes.  (REFERRED TO THE FINANCE COMMITTEE 2/5/18) 

14. RESOLUTION 8975-18 – A RESOLUTION to take effect immediately provided it receives the affirmative vote of at least two thirds of the members of Council, or otherwise to take effect and be in force after the earliest period allowed by law, authorizing the Purchasing Manager to enter into an agreement for prisoner meals with Discount Drug Mart without the necessity of bidding in accordance with Lakewood Codified Ordinance §111.04(a)(10) in accordance with the City of Lakewood standard purchase order terms and conditions.  (REFERRED to the FINANCE COMMITTEE 1/2/18)

Dan O’Malley, Chair
Tom Bullock, Meghan F. George; Members
FINANCE COMMITTEE