Agenda

LEGISLATIVE, FINANCE, AND ADMINISTRATION COMMITTEE AGENDA MAY 11, 2015 - 5:30 P.M. CITY HALL COUNCIL CHAMBERS 15 LOOCKERMAN PLAZA DOVER, DELAWARE PUBLIC COMMENTS ARE WELCOMED ON ANY ITEM AND WILL BE PERMITTED AT APPROPRIATE TIMES. WHEN POSSIBLE, PLEASE NOTIFY THE CITY CLERK (736-7008 OR E-MAIL AT CITYCLERK@DOVER.DE.US) SHOULD YOU WISH TO BE RECOGNIZED. AGENDA ADDITIONS/DELETIONS 1. PROPOSED ORDINANCES A. #2015-09 AMENDING CHAPTER 62 - LAW ENFORCEMENT, ARTICLE II - POLICE DEPARTMENT, CHAPTER 106 - TRAFFIC AND VEHICLES, ARTICLE III - STOPPING, STANDING AND PARKING, DIVISION 2 - METERED PARKING, AND APPENDIX F - FEES AND FINES (STAFF RECOMMENDS ADOPTION OF ORDINANCE #2015-09) B. THIRD BUDGET AMENDMENT - RATE STABILIZATION FUND (STAFF RECOMMENDS APPROVAL OF THE PROPOSED THIRD AMENDMENT TO THE BUDGET ORDINANCE) 2. EVALUATION OF PROPOSAL - INVESTMENT BANKING CUSTODY SERVICES (DURING THEIR MEETING OF APRIL 27, 2015 THE COMMITTEE RECOMMENDED THAT STAFF CONTACT ALL RESPONDING BANKS TO REQUEST THEIR BEST AND FINAL OFFERS FOR INVESTMENT BANKING CUSTODY SERVICES FOR A THREE (3) YEAR PERIOD TO START THE DATE OF CONTRACT AND MAY BE RENEWED OR EXTENDED FOR TWO (2) ADDITIONAL TWO (2) YEAR PERIODS BY MUTUAL CONSENT AND APPROVAL OF CITY COUNCIL)(STAFF RECOMMENDS AWARDING THE INVESTMENT CUSTODY SERVICES TO WILMINGTON TRUST FOR A THREE (3) YEAR PERIOD TO START THE DATE OF CONTRACT AND MAY BE RENEWED OR EXTENDED FOR TWO (2) ADDITIONAL TWO (2) YEAR PERIODS BY MUTUAL CONSENT AND APPROVAL OF CITY COUNCIL) 3. ADJOURNMENT BY 7:00 P.M. /TM S:\AGENDAS-MINUTES-PACKETS-PRESENTATIONS-ATT&EXH\COMMITTEE-AGENDAS\2015\05-11-2015 LF&A.WPD THE AGENDA ITEMS AS LISTED MAY NOT BE CONSIDERED IN SEQUENCE. THIS AGENDA IS SUBJECT TO CHANGE TO INCLUDE THE ADDITION OR THE DELETION OF ITEMS, INCLUDING EXECUTIVE SESSIONS.