[3. Resolution authorizing execution of a three-year, $150,000 agreement with the Grand Rapids Community Foundation for the Rx Kids-Kent County (49507) program]

IS A RESOLUTION AUTHORIZING EXECUTION. THANK YOU. AUTHORIZING EXECUTION OF A THREE YEAR, $150,000 AGREEMENT WITH THE GRAND RAPIDS COMMUNITY FOUNDATION FOR OUR KIDS. KENT COUNTY FOR 9507 PROGRAM. DO YOU HAVE A MOTION? SO MOVED. SUPPORT MOVED AND SUPPORTED MISS BOHATSCH. GOOD MORNING. GOOD MORNING. THIS IS A AN INITIATIVE THAT WAS BEING PULLED TOGETHER BY THE GRAND RAPIDS COMMUNITY FOUNDATION. THERE'S A LOT OF FUNDERS INVOLVED, AND THAT'S INCLUDED IN YOUR ITEM OF THAT WHOLE LIST OF FUNDERS. AND THE CITY IS NOW ONE OF THEM CONTRIBUTING TO THIS PROJECT. IT'S A THREE YEAR PROJECT IN THE STATE OF MICHIGAN, HAS ALLOCATED $270 MILLION INTO A FUND FOR THE STATE FOR FOR OUR KIDS, AND LOCALLY, IT WILL BE $2.6 MILLION ANNUALLY. AND THERE IS A LOCAL MATCH REQUIRED. SO THIS WOULD HELP FULFILL THAT MATCH AND MAKE SURE THAT WE HAVE A PROGRAM HERE IN OUR COMMUNITY AND KENT COUNTY WITH THE 49507 ZIP CODE. THANK YOU. COMMISSIONER KILGORE, DO YOU HAVE COMMENTS? I JUST ASSUMED YOU DID. THANK YOU, MADAM CHAIR. YEAH, I HAVE THERE ARE VERY FEW THINGS THAT MAKE ME THIS EXCITED AND CIVIC SERVICE TO OUR COMMUNITY. I THINK THIS IS ONE OF THE BEST WAYS. IT'S. I LOVE THE WAY OUR KIDS DESCRIBES WHAT IT IS, WHICH IS A DIRECT CASH PRESCRIPTION. JUST AS WE KNOW WE NEED TO TAKE OUR MEDICATIONS AND GO TO OUR DOCTOR. FOLKS NEED RELIEF, FOLKS NEED HELP. AND I WAS SO HAPPY TO HAVE THE SUPPORT OF OUR COLLEAGUES TO PUT 50,000 TOWARDS THIS THROUGH THE THIRD WORLD EQUITY FUND. AND I'M SO EXCITED TO SEE THIS AGREEMENT JUST TO SHOW THE COMMUNITY OF WHAT THIS DOES. FLINT. WHEN THEY STARTED, OUR KIDS SAW A 29% DECREASE IN NICU VISITS. SO THIS IS POWERFUL. WE ALSO SEE A SIGNIFICANT DECREASE IN EVICTIONS, LESS FOLKS FACING HOMELESSNESS. THIS IS EXACTLY

[00:05:02]

WHAT OUR COMMUNITY NEEDS WHEN WE TALK ABOUT THE DISTRUST OF GOVERNMENT OR POLITICIANS. THIS IS ALSO A WAY FOR US TO SAY WE WANT TO WORK ARM IN ARM WITH YOU, AND WE WANT TO BUILD THAT TRUST. AND THAT STARTS BY SUPPORTING OUR WOMEN AND FAMILIES. THE IMPACT ON EMOTIONAL AND MENTAL HEALTH IS IMMEASURABLE. I'M SO EXCITED THAT WE'RE GOING TO CONTINUE TO SUPPORT THIS. SO I AM, OF COURSE, GOING TO CONTINUE TO SUPPORT THIS, AND I'M HOPEFUL THAT WE CAN SEE THIS PROGRAM GROW HERE AND STILL UPSET THAT DETROIT BEAT US AS THE LARGEST CITY TO DO IT FIRST, BUT WE'RE COMING FOR THEM. THANKS. YES, I'LL JUST ADD AS WELL. DID YOU HAVE ANY COMMENTS, COMMISSIONER? ONLY TO CONCUR WITH EVERYTHING. THANK YOU. THANK YOU. AND I'LL JUST SHARE. YOU KNOW, THIS IS SOMETHING THAT I KNOW MAYOR BLISS AND OTHERS WERE REALLY, YOU KNOW, ENGAGED WITH FOR MANY YEARS, OBVIOUSLY VERY FAMILIAR WITH THE PROGRAM. WE HAVE OTHER GREAT DIRECT CASH PROGRAMS THAT ARE HAPPENING HERE. STEELCASE FOUNDATION IS ONE THAT'S ALSO DOING THIS WORK. SO I THINK WE'RE STARTING TO SEE THAT. AND JUST A RECOGNITION, AGAIN, OF THE IMPORTANCE OF SOMETHING LIKE OUR THIRD WARD EQUITY FUND AS THE SECOND WARD COMMISSIONER.

I SEE IT AS NO THREAT TO BE ABLE TO HAVE A FUND THAT REALLY LOOKS AT WHAT ARE THE REALIZED DISPARITIES IN OUR COMMUNITY, AND IT'S JUST SOMETHING THAT I WILL CONTINUE TO SUPPORT UNTIL THE END OF MY TENURE. SO I'M GLAD TO SEE THOSE CONNECTION POINTS ALSO BEING MADE. SO WITH THAT, I'LL CALL THE QUESTION. ALL THOSE IN FAVOR? AYE. ANY OPPOSED ITEM CARRIES. THANKS

[4. Bid List Resolution for June 2, 2026]

MISS BOHAC. NEXT UP IS OUR BID LIST RESOLUTION FOR JUNE 2ND, 2026. DO I HAVE A MOTION? SO MOVED. SUPPORT. MISS KLAREN? SURE. GOOD MORNING COMMISSIONERS. WE JUST HAVE FOUR ITEMS THIS MORNING ON THE BID LIST. I WILL NOTE GIVE THEM A BREAK. SAFETY NUMBER FOR THIS CONTRACT WAS INCREASED JUST TO ACCOMMODATE THE APPROXIMATELY 60 EVENTS AT THE AMPHITHEATER.

IT'LL BE PAID FOR THROUGH THE MOBILE GRPS FUND WITH, YOU KNOW, THE CORRELATED ADDITIONAL PARKING REVENUE WE EXPECT TO RECEIVE. SO FROM THESE EVENTS, THANK YOU. ANY QUESTIONS ABOUT ANY OF THE ITEMS ON THE BID LIST? HEARING AND SEEING NONE. ALL THOSE IN FAVOR. AYE. ANY

[5. Comptroller's Warrant Report for the period of May 5, 2026 through May 18, 2026 in the amount of $27,891,420.27 and Monthly Travel Report]

OPPOSED ITEM CARRIES. NEXT UP IS THE COMPTROLLER'S WARRANT REPORT FOR THE PERIOD OF MAY 5TH, 2026 THROUGH MAY 18TH, 2026, AND THE AMOUNT OF $27,891,420.27. AND THE MONTHLY TRAVEL REPORT. MR. COMPTROLLER, GOOD MORNING. GOOD MORNING. FOR THE PERIOD REFERENCE CASH PAYMENTS WERE RELEASED TOTALING APPROXIMATELY $27.9 MILLION. THAT INCLUDES JUST OVER $5.8 MILLION FOR EMPLOYEE PAYROLL RELATED EXPENSES AND APPROXIMATELY $1.65 MILLION FOR INCOME TAX WARRANTS. IN TERMS OF QUANTITY, 5749 INCOME TAX REFUNDS WERE ISSUED AND 1307 CHECKS AND ELECTRONIC PAYMENTS WERE ISSUED. NONE OF THESE FUNDS WERE ISSUED FOR PAYMENT BY INDIVIDUALS IN THE CITY COMPTROLLER'S OFFICE, AND THEY WERE NOT ISSUED IN ACCORDANCE WITH THE TERMS OF THE GRAND RAPIDS CITY CHARTER. THE SECOND REPORT THAT WE HAVE HERE THIS MORNING IS THE APRIL FISCAL YEAR TO DATE TRAVEL REPORT DETAILING TRAVEL EXPENSES AND OTHER EXPENSES BY EACH CITY DEPARTMENT. AND SO THIS IS THE REPRESENTS TEN MONTHS OF THE FISCAL YEAR. AND THE REPORT IS SHOWING THAT WE SPENT JUST OVER $1.6 MILLION, OR ABOUT 72% OF THE TOTAL ANNUAL ALLOTTED BUDGET. AND THAT CONCLUDES THE TWO REPORTS THAT I HAVE FOR YOU THIS MORNING. THANK YOU, MR. COMPTROLLER. NEXT UP IS THE TREASURER'S REPORT FOR THE

[6. Treasurer's Report for the Period of May 6, 2026, through May 19, 2026]

PERIOD OF MAY 6TH, 2026 THROUGH MAY 19TH, 2027. GOOD MORNING COMMISSIONERS. GOOD MORNING.

WITH TODAY'S REPORT, JUST A COUPLE OF THINGS TO GO OVER. ONE IS OUR INTEREST RATES ARE HOLDING STEADY. SO IT'S AT THREE AND A HALF TO 3.75%. NO CHANGES ARE NO DECREASES RIGHT NOW ARE PLANNED AT ALL. IN FACT, THE SENTIMENT NOW IN THE MARKET IS ABOVE 50%. SEEING 1 OR 2 RATE HIKES ON THE HORIZON. SO THIS IS SOMETHING THAT I KNOW THAT OUR CFO WILL BE PAYING ATTENTION TO. IF WE'RE GOING TO BE ISSUING MORE DEBT AND THE TIMING OF THAT, BECAUSE WE DON'T WANT TO ISSUE A HIGHER RATE ENVIRONMENT, WE WANT TO GET THAT OUT THERE PROBABLY AS SOON AS POSSIBLE. WHAT WE'RE ALSO LOOKING AT TOO IS, IS WITH THAT SENTIMENT, WE DO HAVE A NEW FED CHAIR. CHAIR. KEVIN WARSH IS HASN'T REALLY HAD HIS FIRST MEETING YET. AND SO THAT'S UPCOMING. SO WE'RE WAITING TO SEE WHERE HIS DIRECTION IS GOING TO TAKE US IN TERMS OF THE ECONOMY AND INTEREST RATES AND WHATNOT. BUT AGAIN, WE'RE STILL SEEING THE FACT THAT THE STRAITS OF HORMUZ IS NOT OPEN. YOU'RE NOT SEEING SHIPPING COMING OUT OF THERE FOR OIL OR ANYTHING. OUR OIL PRICES ARE STILL UP. OUR GAS PRICES ARE STILL UP. THAT IMPACTS US ON A PERSONAL LEVEL. I HAD A FRIEND WHO JUST PURCHASED A NEW F-150, AND HE

[00:10:03]

WAS LAMENTING ABOUT HOW MUCH IT COST TO FILL THE TANK. I GO, WELL, YOU HAD ENOUGH MONEY TO BUY THE TRUCK, SO I GUESS FILLING THE TANK IS NOT SUCH SO BAD. BUT AGAIN, WHEN WE START LOOKING AT THAT, IT'S WE'RE MAKING DECISIONS. PERSONALLY, I'M LOOKING TO REPLACE A ROOF AND I'M LOOKING FOR REFLECTIVE SHINGLES JUST TO MAKE SURE I CAN SAVE MONEY ON MY ENERGY COSTS AS WELL. BUT THESE ARE SOME OF THE THINGS THAT WE'RE DEALING WITH ON A PERSONAL LEVEL. BUT ON A ORGANIZATIONAL LEVEL, THE IMPACT IS GOING TO HIT US IN TERMS OF THE HIGHER COST OF FUEL, THE HIGHER COST OF UTILITIES CONTRACTS. AS WE'RE DOING OUR OWN BUILDING THOSE CONTRACTS, THERE COULD BE SCOPE CREEP IN THOSE THINGS. THAT'S JUST SOMETHING THAT WE HAVE TO BE VERY VIGILANT OF AS A DEPARTMENT OR DEPARTMENTS. AS WE'RE LOOKING AT LARGER PROJECTS, LARGER SCALE PROJECTS. I DO WANT TO GIVE ONE. ONE OTHER THING WITH OUR PORTFOLIO, FIRST OF ALL, IS WE'RE AT 667 MILLION AND WE'RE AT 3.33%. AND I JUST WANT TO GIVE A SHOUT OUT TO LAURA CLAYPOOL AND HER TEAM, GRAHAM, AND STAFF OVER AT THE GOLF COURSE, BECAUSE WE WORKED WITH THEM IN 2021, SETTING UP GOLF. NOW, HOW THEY COULD DO HAVE A VERY EFFICIENT PROCESS FOR POINT OF SALE SYSTEM OVER THERE. SO WE WORK VERY WELL WITH THE GOLF COURSE AND HELPING OTHER DEPARTMENTS WITH THEIR NEEDS AND PAYMENT PROCESSING AND SOLUTIONS LIKE THAT. SO THEY'VE DONE AN EXCEPTIONAL JOB, I BELIEVE, WITH INDIAN TRAILS AND THE GOLF COURSE AND THE DEVELOPMENT AND EVEN THE CREDIT CARD PAYMENT. WHEN YOU PUT IN YOUR CARD TO GET RANGE BALLS TO HIT AT THE GOLF COURSE IS ONE OF THE THINGS THAT WE HELP THEM NAVIGATE. BUT THOSE ARE THE THINGS THAT WE LIKE TO PARTICIPATE IN WITH OTHER DEPARTMENTS, TO PARTNER WITH THEM AND COLLABORATION. SO JUST A SHOUT OUT TO HOW EXCEPTIONAL THAT INDIAN TRAILS GOLF COURSE REALLY IS. THANK YOU, MR. TREASURER. I APPRECIATE YOU TYING BOTH THE MACRO AND THE MICRO AND HIGHLIGHTING THE THE IMPORTANCE AND THE REAL, YOU KNOW, STRONG, TRANSPARENT, COMMITTED FINANCIAL SYSTEMS THAT THE CITY OF GRAND RAPIDS HAS. YOU KNOW, WE TAKE THAT VERY SERIOUSLY WITH THESE PUBLIC DOLLARS. SO THANK YOU FOR HIGHLIGHTING THE PARKS DEPARTMENT. AND WITH THAT, THE REPORT IS RECEIVED AND FILED, AND WE'RE ADJOURNED AT THE VERY SHORT MEETING FOR. WE HAD A LONG MEETING AT APPOINTMENTS.

NOW WE HAVE A SHORT MEE

* This transcript was compiled from uncorrected Closed Captioning.

FISCAL COMMITTEE ITEMS

Jun 02, 2026 Fiscal Committee Meeting

FISCAL COMMITTEE ITEMS

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