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FLOODING. SO THANK OH THANK YOU. THANKS. ANY QUESTIONS COLLEAGUES HEARING AND SEEING NONE. ALL THOSE IN FAVOR. AYE. ANY OPPOSED ITEM CARRIES. THANK YOU. THANK YOU. ITEM NUMBER TWO
[2. Resolution accepting a $4,300,000 grant award and authorizing the execution of an agreement with the Michigan Economic Development Corporation for the Michigan Talent Partnership grant program.]
IS A RESOLUTION ACCEPTING A $4.3 MILLION GRANT AND AUTHORIZING THE EXECUTION OF AN AGREEMENT WITH THE MICHIGAN ECONOMIC DEVELOPMENT CORPORATION FOR THE MICHIGAN TALENT PARTNERSHIP GRANT PROGRAM. SO MOVED. SUPPORT. MOVED AND SUPPORTED MR. NERO.COME ON DOWN. GOOD MORNING. GOOD MORNING. THIS IS THE ACCEPTANCE OF THE DOLLARS. SO THIS IS A GRANT ASK OF THE STATE. AT APPROXIMATELY $7 MILLION WE ARE AWARDED 4.3. AND THIS IS THE PROJECT IN MONROE NORTH THAT'S GOING TO ADDRESS THE RECONVERSION OR THE CONVERSION OF DIVISION IN IONIA. THE STAIRS, THE FAIRBANKS STAIRS, AND THEN ALSO MOBILITY IMPROVEMENTS BETWEEN THE HILL AND THE RIVER. THANK YOU. THIS IS YOU KNOW, THESE ARE I THINK WE APPLIED FOR THIS LAST YEAR. AND SO THIS IS HOW LONG THESE SORTS OF THINGS TAKE. BUT GLAD TO SEE THIS ON HERE. I KNOW THAT IT WAS VERY NARROW AND COMPETITIVE, BUT GLAD THAT GRAND RAPIDS WAS ABLE TO CAPTURE THIS AWARD. COLLEAGUES, ANY QUESTIONS ON THIS ONE? HEARING AND SEEING NONE. ALL THOSE IN FAVOR? AYE. ANY OPPOSED? ITEM CARRIES. THANK
[3. Resolution approving a Grant Agreement with the U.S.D.A. Natural Resources Conservation Service in the amount of $12,900,000 for the Grand River Revitalization Project – Lower Reach]
YOU MISS. ITEM NUMBER THREE IS A RESOLUTION APPROVING A GRANT AGREEMENT WITH THE USDA NATURAL RESOURCES CONSERVATION SERVICE AND THE AMOUNT OF 12 12,000 $12,900,000 FOR THE GRAND RIVER REVITALIZATION PROJECT FOR THE LOWER REACH. DO I HAVE A MOTION? I'LL MAKE THE MOTION SUPPORT MOVED AND SUPPORTED. AND IS THIS MISS IRVING? AND WE'VE BEEN TALKING ABOUT THIS FOR A MINUTE. RIGHT. WE JUST HAD SOME CELEBRATIONS. AND, YOU KNOW, I WAS JOKING ABOUT THE LAST GRANT BEING A MINUTE, BUT THIS HAS BEEN A WHILE TOO. SO THANK YOU SO MUCH. I'LL TURN IT OVER TO YOU. YEAH, ABSOLUTELY. DID I, DID I GET A MOTION. YES. OKAY. SORRY, I COULDN'T REMEMBER. ALL RIGHT. THANK YOU. YEAH, ABSOLUTELY. THIS IS EXCITING. WE'VE HAD THIS OUT OUT THERE WITH NRCS FOR A WHILE. THEY ACTUALLY CAME THROUGH WITH MORE MONEY THAN ORIGINALLY THOUGHT.WE THOUGHT WE'D COME IN AT ABOUT 11 MILLION. AND THEY BROUGHT FORWARD 12.9 MILLION TO SUPPORT THE PROJECT. WE'RE GOING TO HEAR ABOUT THIS AGAIN IN CD AS WE ADD THAT INTO THE PROJECT. AND JUST ANOTHER ANOTHER PARTNER STEPPING FORWARD TO HELP US REIMAGINE THE RIVER. THANK YOU SO MUCH, COLLEAGUES. QUESTION FOR MISS IRVING. I DON'T KNOW IF IT'S A QUESTION SO MUCH AS I JUST WANT TO SAY THANK YOU FOR EVERYONE'S WORK ON THIS. THIS IS A BIG, BIG ENDEAVOR OVER THE LAST 18 YEARS OR MORE. AND IT WAS NICE TO BE AT THE RIBBON RIVER ROCK CEREMONY, I GUESS, FOR STARTING THE PROJECT. I'LL CALL THE QUESTION. ALL THOSE IN FAVOR?
[4. Resolution approving a Professional Services Agreement with the Greater Grand Rapids Chamber Foundation through Housing Next for Housing Practice Lead services in an amount not to exceed $100,000]
AYE. ANY OPPOSED? ITEM CARRIES. THANK YOU. ITEM NUMBER FOUR IS A RESOLUTION APPROVING A PROFESSIONAL SERVICES AGREEMENT WITH THE GREATER GRAND RAPIDS CHAMBER FOUNDATION THROUGH HOUSING NEXT FOR HOUSING PRACTICES, LEAD SERVICES, AND AN AMOUNT NOT TO EXCEED 100,000.SO MOVED. SUPPORT MOVED IN. SUPPORTED. MR. CAIN IS APPROACHING TO DISCUSS THIS ITEM I'VE APPROACHED AND I AM HERE. MISS. MISS BEHRENS IS WAYLAID THIS MORNING, SO I'M HERE TO SPEAK ON THIS. IF YOU HAVE ANY QUESTIONS. THIS IS AN AGREEMENT THAT WE'VE DONE FOR A NUMBER OF YEARS. THIS PROVIDES THE CITY OF GRAND RAPIDS SOME ADDITIONAL SUPPORT IN GETTING TOWARDS ITS HOUSING GOALS. I CAN ANSWER ANY QUESTIONS IF YOU HAVE ANY. THANK YOU. THIS IS NOT A NEW ITEM. THIS IS A RECURRING ITEM. I CAN'T REMEMBER HOW. YEAH, THIS IS A HOUSING NEXT. RYAN KILPATRICK YEP. COLLEAGUES, QUESTIONS ON THIS ITEM FOR MR. CAIN WHO'S A PRO OR ARRIVED APPARENTLY. HEARING AND SEEING NONE. ALL THOSE IN FAVOR? AYE. ANY OPPOSED ITEM CARRIES. THANK YOU. I SHOULD HAVE PARKED. YOU KNOW IT IS 616 DAY. SO I GUESS YOU
[00:05:07]
HAVE JOKES TODAY, MR. CAIN. BUT THANKS FOR BRINGING THE THE THE HUMOR. ITEM NUMBER FIVE IS A[5. Resolution approving a contract between iteria-US and the City of Grand Rapids for managed services related to the Oracle ERP for FY2027 in an amount not to exceed $200,000.]
RESOLUTION APPROVING A CONTRACT BETWEEN ITERA US AND THE CITY OF GRAND RAPIDS FOR MANAGED SERVICES RELATED TO THE ORACLE ERP PROJECT FOR FISCAL YEAR 2027, IN AN AMOUNT NOT TO EXCEED 200 000. SO MOVED. SUPPORT. MOVED AND SUPPORTED AND I'M NOT SEEING MISS POWELL, SO I'M GOING TO TURN IT OVER TO MISS CHAPMAN. GOOD MORNING. YEAH. THIS IS A RESOLUTION TO APPROVE A CONTRACT WITH ETERIA. THEY ARE GOING TO COME IN AND HELP US WITH THE LIST. THE TOP 12 THINGS ARE IN THE AGENDA ITEM JUST TO REALLY HELP US USE ORACLE TO ITS FULLEST POTENTIAL.SO IF IF THERE'S ANY QUESTIONS I CAN TRY TO ANSWER THEM OR CERTAINLY GET WITH OUR PROJECT MANAGER OR CFO AND GET AND, AND GET BACK TO YOU ANY ANSWERS THAT YOU WOULD HAVE. THANK YOU.
I APPRECIATE IT, COLLEAGUES. QUESTIONS ON THIS ITEM. SO REALLY ENSURING THE KIND OF THOSE FINAL PIECES PROJECTS. YEAH. SO MAKING SURE THAT IMPACT OCCURS. THANK YOU. YEAH.
GET SOME THINGS RUNNING SMOOTHER AND, AND SOME BETTER BUSINESS PRACTICES IN PLACE USING THE SYSTEM THAT THAT WE KNOW IS A GREAT SYSTEM. THANK YOU. I THINK CITY MANAGER ALSO TALKED TO US A LITTLE BIT ABOUT THIS ITEM AND SOME ONE ON ONE. SO ALL THOSE IN FAVOR. AYE. ANY
[6. Resolution authorizing execution of a Contract with SeyferthPR for public relations services in an amount not to exceed $50,000]
OPPOSED ITEM CARRIES. THANK YOU. ITEM NUMBER SIX IS A RESOLUTION AUTHORIZING EXECUTION OF A CONTRACT WITH SEAFORTH PR FOR PUBLIC RELATIONS SERVICES IN AN AMOUNT NOT TO EXCEED $50,000.SO MOVED. SUPPORT IN SUPPORT OF MR. GREEN. GOOD MORNING COMMISSIONERS. SO THIS IS BASICALLY IF YOU RECALL, DURING YOUR BUDGET DELIBERATIONS WE ALLOCATED $50,000 TO CONTINUE THOSE SERVICES ON THE COMMUNICATIONS SIDE OF THE ENHANCED COMMUNICATIONS FOR COMMISSIONERS. AND THIS CONTRACT JUST MAKES SURE THAT WE CAN DO THAT THROUGH THE END OF THE CALENDAR YEAR. THANK YOU FOR CONFIRMING THAT, COLLEAGUES, DO YOU HAVE ANY QUESTIONS ON THIS ITEM? ALL RIGHT. I'LL JUST SAY, YOU KNOW, I THINK WE HAD SOME CONVERSATIONS AROUND BUDGET AND, YOU KNOW, SORT OF WHAT WERE THE BEST USES? WE KNOW THAT THE COMMUNICATIONS DEPARTMENT IS, IS VERY BUSY WITH A LOT OF THE EFFORTS ACROSS THE CITY. THIS WAS SOMETHING NEW. AGAIN, IT'S THROUGH THE CALENDAR YEAR, AND I LOOK FORWARD TO, YOU KNOW, FINDING ALL THE WAYS TO OPTIMIZE THIS RELATIONSHIP TOO. SO I REALLY APPRECIATE SEAFORTH BEING OPEN TO THOSE CONVERSATIONS AS WELL. SO AND WE DO INTEND TO COME BACK TO YOU IN THE FALL WITH A RECOMMENDATION ON, ON CONTINUATION OR DISCUSSION IN.
THANK YOU. I JUST WANTED TO HIGHLIGHT THAT SINCE THAT WAS A TOPIC IN OUR BUDGET A COUPLE TIMES. SO COLLEAGUES, ANY COMMENTS OR QUESTIONS ON THIS ITEM? HEARING AND SEEING NONE.
ALL THOSE IN FAVOR. AYE AYE. ANY OPPOSED ITEM CARRIES. THANK YOU, MR. GREEN. ITEM NUMBER
[7. Resolution authorizing FY2027 insurance renewals with various providers for a total cost of $3,209,241.00]
SEVEN IS A RESOLUTION AUTHORIZING FISCAL YEAR 2027 INSURANCE RENEWALS WITH VARIOUS PROVIDERS, FOR A TOTAL OF $3,209,241. DO I HAVE A MOTION? SO MOVED. SUPPORT MOVED IN.SUPPORT. HELLO? HELLO, COMMISSIONER. GOOD MORNING, COMMISSIONERS AND COLLEAGUES.
GOOD MORNING. MY NAME IS DANIEL AND I'M THE RISK MANAGER FOR THE CITY. I'VE HAD THE PRIVILEGE OF OVERSEEING THE RISK MANAGEMENT OFFICE SINCE I STARTED FOUR MONTHS AGO. THE CITY OF GRAND RAPIDS USES A COMBINATION OF INSURED APPROACHES, INCLUDING A HIGH DEDUCTIBLE SELF-INSURED RETENTION, COMMERCIAL INSURANCE, AND OTHER INSURANCES TO MANAGE THE CITY'S RISKS AND EXPOSURES. THE CITY SEES COST SAVINGS THROUGH A SELF-INSURED APPROACH WHEN POSSIBLE, BY AVOIDING HEAVY INSURANCE PREMIUMS FOR TRADITIONAL FULLY INSURED PROGRAMS. OUR APPROACH TO DETERMINE DETERMINATION OF SELF-INSURED VERSUS A FULLY INSURED IS BUILT UPON RISK, EXPOSURE AND COSTS. WHERE RISKS ARE GENERALLY KNOWN AND PREDICTABLE, WE WILL SELF-INSURE. HOWEVER, WHERE UNKNOWNS COULD OCCUR, WE WILL SEEK TO TRANSFER THESE RISKS TO AN INSURANCE POLICY. THE RISK MANAGEMENT OFFICE OVERSEES THESE POLICIES, WHICH ARE UP FOR RENEWAL. OUR TOTAL COST OF INSURANCE RENEWALS FOR THESE COVERAGES IS $3,209,241. INCLUDED IN THESE PREMIUMS ARE PROPERTY INSURANCE THROUGH CHUBB, TERRORISM POLICIES THROUGH LLOYD'S OF LONDON, SPECIAL EVENTS, INSURANCES THROUGH WESTERN WORLD EXCESS COMP THROUGH MIDWEST EMPLOYERS, LIQUOR LIABILITY THROUGH USL FOR THE CITY'S GOLF COURSE, GOVERNMENTAL CRIME FOR THROUGH HANOVER INSURANCE CONTRACTORS.
POLLUTION LIABILITY WITH BEASLEY. EXCESS LIABILITY THROUGH MMR, RMA AND OUR WORKER'S COMP TPA THROUGH COMP ONE, AND AJ GALLAGHER, WHICH IS OUR AGENT OF RECORD COLLECTIVELY ARE SOME OF INSURANCE RENEWALS. COST IS ABOUT 2.5% LESS THAN LAST FISCAL YEAR, BUT WE SAW CHANGES ACROSS MOST POLICIES. OUR SPECIAL EVENTS INSURANCE WENT FROM $3,925 TO 6810. AS WE CONTINUE TO OFFER MORE COVERAGE FOR CITY SPONSORED EVENTS,
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WHICH TAKES THE LIABILITY OFF THOSE WHO HELP ORGANIZE THESE EVENTS. THE LARGEST INCREASE WE SAW WAS OUR GENERAL LIABILITY EXCESS CARRIER, WHICH IS MMRMA, THE MICHIGAN MUNICIPAL RISK MANAGEMENT AUTHORITY. THIS INCREASE WAS AN 8.3% INCREASE, WHICH IS ABOUT $112,000. THIS INCREASE IS DUE TO EXPOSURE CHANGES SUCH AS ADDITIONAL STAFF, ADDITIONAL VEHICLES AND THE INCREASE IN LIABILITIES. ALTHOUGH OUR TOTAL INSURED VALUES FOR PROPERTIES INCREASED, MEANING THAT WE HAVE MORE PROPERTIES TO INSURE OUR PROPERTY INSURANCE OVERALL DECREASED FROM LAST YEAR, GIVING US A MUCH BETTER RATE OF 5.2 $0.02 PER 1000 INSURED TO 4.7 $0.05 PER 1000 INSURED. COLLECTIVELY, OUR INSURANCE LIMITS THE FINANCIAL RISKS TO THE CITY AND ALLOWS US TO CONTINUE TO OPERATE AND BEST SERVE THE CITY, WHILE TRANSFERRING RISK TO APPROPRIATE WHERE APPROPRIATE AND REDUCING EXPOSURES. IF YOU HAVE ANY QUESTIONS REGARDING THESE INSURANCE RENEWALS, I WOULD BE HAPPY TO ANSWER THEM TO THE BEST OF MY ABILITY. THANK YOU, MR. DE. QUESTIONS, COLLEAGUES, THANK YOU FOR THE OVERVIEW. YOU KNOW, IT HAPPENS AND IT'S, YOU KNOW, GOOD TO HEAR. I KNOW THE COST OF INSURANCE. AND THEN CERTAINLY WE'RE A LARGE ORGANIZATION. SO THANKS FOR HIGHLIGHTING THOSE HEARING AND SEEING NONE. ALL THOSE IN FAVOR. AYE. ANY OPPOSED ITEM CARRIES. THANK YOU.[8. Resolution authorizing a Budget Substitution of $170,005 for Pedestrian Hybrid Beacon at Lyon Street and Fuller Avenue]
THANK YOU. ITEM NUMBER EIGHT IS A RESOLUTION AUTHORIZING A BUDGET SUBSTITUTION OF $175 FOR PEDESTRIAN HYBRID BEACONS AT AT LYON STREET. PARDON ME. AND FULLER AVENUE. DO YOU HAVE A MOTION? SO MOVED. SUPPORT MOVED AND SUPPORTED. WELCOME BACK. THANK YOU. THIS PROJECT CAME BEFORE COMMISSION IN JANUARY FOR APPROVAL AND AWARD OF CONTRACT. AND NOW THIS IS A BUDGET SUBSTITUTION TO FOLLOW UP TO FULLY FUND THE PROJECT. AND THIS ADDS A PEDESTRIAN HYBRID BEACON CROSSING FULLER AT LYON. THERE'S AN EXISTING CROSSWALK. AND THIS IS JUST ENHANCING THE SAFETY AT THAT LOCATION. THANK YOU. HEARING NONE. SEEING NO QUESTIONS. ALL THOSE IN FAVOR? AYE. ANY OPPOSED? ITEM CARRIES. ITEM NUMBER TEN IS A RESOLUTION AUTHORIZING A BUDGET SUBSTITUTION OF $491,865 FOR HVAC AIR HANDLING UNIT REPLACEMENT AT THE WEST SIDE COMPLEX. SO MOVED. DID WE SKIP? YEAH, I WOULD THINK I WOULD. OH I'M SORRY. THANK YOU. PARDON ME THAT WE CAN YOU KNOW, I CAN'T SAY NUMBER NINE. I WOULD NEVER SKIP YOU. I WOULD NEVER SKIP YOU. I WAS BORN IN THE THIRD WARD. THAT'S RIGHT. SORRY.[9. Resolution authorizing a Budget Substitution of $280,900 for MLK Jr. Street East Ramp Bridge Replacement]
NUMBER NINE IS A RESOLUTION AUTHORIZING A BUDGET SUBSTITUTION FOR $280,900 FOR MLK JR STREET EAST RAMP BRIDGE REPLACEMENT. SO MOVED. SUPPORT. MOVED AND SUPPORTED MISS IRVING.OKAY. YES. SO THIS IS REPLACING THE RAMP THAT COMES UP TO THE BRIDGE THAT GOES OVER US 131 AT MLK ON THE EAST SIDE. PRETTY COMPLICATED PROJECT. LOTS OF PEERS THAT USED TO CROSS MULTIPLE RAIL LINES. SO A LOT OF IMPROVEMENTS IN THAT AREA. AND THIS IS A CHANGE TO OUR BUDGET OF 280 000 FOR OUR ACT 51 COST SHARE WITH THE DEPARTMENT. SO THIS IS A $37 MILLION PROJECT. AND BETWEEN THE INVESTMENT, VITAL STREETS MADE TO WIDEN THE SIDEWALKS.
AND THIS INCREASED COST, THE CITY'S COST IS ABOUT 1.3 MILLION FOR THIS ENTIRE $37 MILLION PROJECT. SO IT'S A BIG INVESTMENT BY MDOT. THANK YOU. THANK YOU FOR HIGHLIGHTING THAT.
YES. THANK YOU COMMISSIONER. THANK YOU. CHAIR. MR. IRVING, DO YOU KNOW THE THE TIMELINE FOR THIS, HOW WE. ARE WE ON TRACK FOR COMPLETION? WELL, WE ARE ON TRACK. IT'S A VERY IT'S A VERY BIG PROJECT. THEY MADE THE DECISION TO TAKE THE ENTIRE BRIDGE DOWN, GIVEN THE COMPLEXITY OF THE WORK AND TRYING TO LIMIT IT TO ONE CONSTRUCTION SEASON. WONDERFUL.
THANK YOU. YEAH. WELL, I LOOK FORWARD TO THAT. THAT'S HOW I GET FROM MY PARENTS TO THE NORTH SIDE COMMISSIONER. SO I'LL REMEMBER YOU EVERY TIME I PASS THAT EXIT. ALL THOSE IN
[10. Resolution authorizing a Budget Substitution of $491,865 for HVAC air handling unit replacement at the Westside Complex]
FAVOR? AYE. ANY OPPOSED? ITEM CARRIES. ITEM NUMBER TEN IS A RESOLUTION AUTHORIZING A BUDGET SUBSTITUTION OF $491,865 FOR AN HVAC AIR HANDLING UNIT REPLACEMENT AT THE WEST SIDE COMPLEX. AND SO I WILL MAKE THE MOTION NOW. SUPPORT BEEN SUPPORTED. THANK YOU, MISS IRVING. CERTAINLY THIS IS THIS IS A PROJECT AND IT'S ESSENTIALLY TAKING MONEY FROM OTHER PROJECTS WHERE FUNDS WERE REMAINING AND USING A BUDGET SUBSTITUTION TO FILL OUT THE FUNDING TO COMPLETE THIS INVESTMENT. JUST A REMINDER TO FOLKS, THAT'S OUR THAT'S OUR PROPERTY. AND THERE'S A NUMBER OF SERVICES THAT OPERATE OUT OF THERE, AND MOST NOTABLY THE WEST MICHIGAN WORKS, OUR WORKFORCE DEVELOPMENT AGENCY. ALL RIGHT. ALL THOSE IN FAVOR?[11. Ordinance amending Section 1 of the Budget Ordinance 2025-11 for Fiscal Year 2026 (Amendment No. 08)]
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AYE. ANY OPPOSED? ITEM CARRIES ITEM NUMBER 11. AND WHY, I GUESS WHY MANY OF YOU ARE HERE TODAY IS AN ORDINANCE AMENDING SECTION ONE OF THE BUDGET ORDINANCE 2020 511 FOR FISCAL YEAR 2026. AMENDMENT NUMBER EIGHT. SO MOVED. SUPPORT MOVED AND SUPPORTED. MR. CHAPMAN, GOOD MORNING AGAIN. GOOD MORNING. LARGE BAY. TODAY WE DO HAVE 24 ITEMS, A LOT OF THEM, AS YOU READ, I'M SURE ARE YOU KNOW, FISCAL YEAR END CLEAN UP, MAKING SURE THAT WE HAVE BUDGET TO FINALIZE GOING THROUGH, YOU KNOW, SALARY EXPENSES OVER TIME, THINGS LIKE THAT. I'M HAPPY TO TRY TO TAKE ANY QUESTIONS IF YOU HAVE ANY ON ANY SPECIFIC ITEMS. OTHERWISE, THERE SHOULD BE PEOPLE IN THE AUDIENCE FOR FROM EACH DEPARTMENT FOR ANY OF THE BUDGET AMENDMENTS THAT ARE OUT THERE, COLLEAGUES, QUESTIONS ON THESE ITEMS. AGAIN, WE KNOW THERE ARE A NUMBER OF THEM, BUT THEY'RE NOT NEW OR DIFFERENT TO US. AND IS THERE ANYONE THAT YOU'D LIKE TO HIGHLIGHT? NOT NECESSARILY. I KNOW YOU WANT TO HIGHLIGHT IT. YOU CAN. YEAH. I AND MOLLY DID MENTION THAT OUR INCOME TAX COMPLIANCE IS COMING UP BETTER THAN EXPECTED. SO EVEN AFTER ALL OF THESE, SHE DOES ANTICIPATE THAT THE GENERAL FUND IS GOING TO LAND PRETTY MUCH WHERE SHE HAD WHEN SHE PROJECTED IT TO YOU WHEN WE STARTED THAT PROCESS. YEAH. SO INCOME TAXES AND THANK YOU FOR FILLING IN. LOOK AT YOU. YOU GOT ALL THE ANSWERS. TRICIA IS OFTEN FILLING IN FOR DIFFERENT ROLES. SO WE APPRECIATE YOU. IT'S NICE TO SEE YOU UP HERE. I WILL ALSO JUST KNOW, EVEN THOUGH IT IS NOT ON FISCAL, BUT IT'S IN OUR OUR PACKET FOR 7 P.M. TODAY THAT THE MAYOR AND CITY MANAGER DID PUT TOGETHER A LETTER JUST REALLY. AND I KNOW THEY'LL TALK ABOUT IT. I WANT TO TAKE TOO MUCH OF THEIR THUNDER AWAY, BUT JUST REALLY HIGHLIGHTING JUST WHERE THE CITY IS, THE GROWTH, OBVIOUSLY THE OPPORTUNITIES, BUT NOTING SOME OF THE PARTICULAR INVESTMENTS AS IT RELATES TO THE BUDGET THIS YEAR. SO ALSO POINT PEOPLE TO THAT ITEM BECAUSE I THINK THAT WAS, YOU KNOW, I THINK IT WAS REALLY A REFLECTION OF THERE'S PEOPLE HAVE OPINIONS ABOUT I HAVE A LOT OF OPINIONS ABOUT THINGS.WE ALL HAVE OPINIONS ABOUT HOW WE FEEL THINGS ARE. AND, BUT IT IS IMPORTANT FOR US AS A CITY TO MAKE SURE THAT WE'RE PUTTING OUT FACTS, ESPECIALLY AS WE GET INTO THIS SEASON OF, I THINK, ELECTIONS WHERE THERE IS A LOT OF NEWS MEDIA PIECES POPPING UP OR THINGS, YOU KNOW, EVEN, YOU KNOW, SAY, THE USE OF AI AND THINGS THAT ARE LIKE, IS THIS THING REAL OR NOT? AND WE JUST DON'T KNOW. SO I'M REALLY APPRECIATE THE MAYOR AND CITY MANAGER PUTTING THAT LETTER TOGETHER. AND THEN WHEN WE THINK ABOUT, YOU KNOW, YES, THIS IS SOME PEOPLE MAY SAY, OH, YOU GUYS AREN'T, YOU KNOW, TALKING TOO MUCH ABOUT IT. WELL, IT'S BECAUSE WE, WE TALKED ABOUT IT FOR, YOU KNOW, PROBABLY FOUR MEETINGS AND TALK ABOUT IT ALL YEAR LONG. SO I WILL END WITH THAT AND CALL THE QUESTION. ALL THOSE IN FAVOR. AYE. ANY OPPOSED ITEM CARRIES.
[12. Bid List Resolution for June 16, 2026]
THANK YOU SO MUCH. THANK YOU. TRICIA. ITEM NUMBER 12 IS THE BID LIST RESOLUTION FOR JUNE 16TH, 2026. DO YOU HAVE A MOTION? SO MOVED. SUPPORT MOVED AND SUPPORTED. AND TYPICALLY AGAIN WE IF THERE'S ONES THAT WE WOULD LIKE TO HIGHLIGHT OUT OF THERE OR ANYTHING. NO NOTES, NOTHING NECESSARILY. OKAY. THE THREE ITEMS. YEP. THE PIE MANAGEMENT IS OF COURSE FOR ALL CITYWIDE TEMP SERVICES. IF YOU HAVE OTHER QUESTIONS THAT COMMUNICATIONS AND. GREAT.THANK YOU. SHE'S SAYING PHONE A FRIEND. ALL RIGHT. ALL THOSE IN FAVOR? AYE. ANY OPPOSED ITEM
[13. Comptroller's Warrant Report for the period of May 19, 2026 through June 1, 2026 in the amount of $39,767,091.70]
CARRIES. NEXT UP IS OUR CONTROLLERS WARRANT REPORT FOR THE DEPUTY OR FOR THE PERIOD I WAS ALREADY GETTING READY FOR YOU, MISS DESIREE, FOR THE PERIOD OF MAY 19TH, 2026 THROUGH JUNE 1ST, 2026, IN THE AMOUNT OF $39,767,091.70. AND I'M GOING TO TURN IT OVER TO OUR DEPUTY CONTROLLER, MISS KIRKLAND. GOOD MORNING, COMMISSIONERS, AND AS SHARE THE WARRANT REPORT FOR THIS TIME FOR THE TIME PERIOD, MAY, MAY 19TH THROUGH JUNE 1ST IS THE 39,767,000, WHICH INCLUDE 5,897,000 IN PAYROLL, 923,000 IN INCOME TAX WARRANTS. THE NUMBER OF INCOME TAX REFUNDS WAS 3419 AND ACCOUNTS PAYABLE TAX ISSUE WAS 1057. AND THAT'S OUR REPORT. THANK YOU SO MUCH. AND THANK YOU FOR BEING HERE. NICE TO SEE YOU. YOU TOO. THAT[14. Treasurer's Report for the Period of May 20, 2026, through June 2, 2026]
IS THE REPORT IS RECEIVED AND FILED AND LAST UP, BUT CERTAINLY NOT LEAST OUR TREASURER'S REPORT FOR THE PERIOD OF MAY 20TH 2026 THROUGH JUNE 2ND, 2026. MR. TREASURER, GOOD MORNING COMMISSIONERS. I GUESS IN BASEBALL I'M CONSIDERED THE CLOSER. SURE, LET'S DO IT. SO I GET THIS DONE IN THREE MINUTES OR LESS. POSSIBLY. SO WITH OUR REPORT TODAY, WE DO HAVE $666 MILLION INVESTED OVER IT, EARNING MORE THAN 3.33%. DOING WELL IN THAT[00:20:07]
WE'VE STARTED TO SEE RATES ARE STEADY RIGHT NOW WITH THE FED RIGHT NOW, WE EXPECT THAT THE FED, THE NEW FED CHAIR, KEVIN WARSH, WILL BE LEAVING OR ENCOURAGING EVERYONE TO LEAVE RATES STABLE AND STEADY. THERE ISN'T ANYTHING REALLY TIPPING THE MARKET RIGHT NOW THAT'S GOING TO CAUSE US ANY IMMEDIATE CONCERN. WE ARE LOOKING AT THE GLOBAL ECONOMIC PICTURE, AND HOPEFULLY WE DO HAVE A PEACE TREATY SIGNED BETWEEN THE US AND IRAN COMING UP HERE, AND HOPEFULLY THAT WILL OPEN THE STRAITS OF HORMUZ. WE ARE SEEING THE EFFECTS OF THAT IN THE MARKETS, BECAUSE OUR OIL PRICES ARE COMING DOWN PRETTY STEADILY RIGHT NOW. I BELIEVE IT'S BELOW $90 A BARREL, PROBABLY APPROACHING CLOSER TO $8,584 A BARREL, WHICH IS MUCH LOWER THAN WHAT WE HAD SEEN, WHERE IT WAS PUSHING NORTH OF 100. THAT'S OBVIOUSLY GOING TO TRICKLE INTO OUR ECONOMY, AND WE SHOULD SEE THAT AT THE GAS PUMPS, AND DON'T EXPECT IT RIGHT AWAY. TYPICALLY, IT'S I ALWAYS THINK OF THIS. IT TAKES 90 DAYS FOR A SHIP TO GET OUT OF THE STRAITS OF HORMUZ TO A PROCESSING CENTER, TO BE REFINED, TO AFFECT OUR GAS PUMPS. IT'S EASIER FOR OUR OUR RETAIL ORGANIZATIONS TO RAISE THE PRICE FOR US. THAT MIGHT NOT BE A SLOWER DECLINE, BUT WE SHOULD SEE THAT START TO LOWER. REALLY, WE STILL ARE GOING TO BE CONCERNED ABOUT INFLATION. OUR MARKET. WE STILL INFLATION IS STICKY, PERIOD. THAT'S JUST A FACT RIGHT NOW. SO UNTIL WE START HAVING FURTHER ECONOMIC DATA THAT WOULD PROVE OTHERWISE TO WHERE THE FED WOULD WANT TO ADJUST RATES, IT'S STILL PICTURED IN THAT WE MIGHT NOT SEE A RATE INCREASE OR DECREASE AT ALL THIS ENTIRE REST OF THE YEAR. BUT AGAIN, STABLE IS GOOD, HELPS US PLAN BETTER OURSELVES IN TERMS OF OUR INVESTMENTS AND OUR BOND ISSUES AND EVERYTHING ELSE THAT WE DO. BUT WITH THAT, THAT'S PRETTY MUCH THE REPORT FOR THE DAY. YOU KNOW, I'M LOOKING FORWARD TO A NICE LITTLE BREAK, AS I'M SURE YOU ARE AS WELL. YES. YEP. NEED A LITTLE BREAK. AND THANK YOU FOR THAT REPORT. AND THERE'S SO MUCH HAPPENING. AGAIN, WE KNOW THAT WHAT YOU'RE REPORTING ON, ALL THE THINGS THAT ARE HAPPENING FROM A GEOPOLITICAL STANDPOINT AND WHAT WILL HAPPEN AS WE GO INTO, YOU KNOW, THIS MIDTERM ELECTION, IS WATCHING VERY CLOSELY. SO THANK YOU. ALL RIGHT. THAT REPORT IS ALSO RECEIVED AND FILED. AND WITH THAT, WE ARE AD