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HomeMy WebLinkAbout2013-01-29 Workshop MeetingMINUTES WORKSHOP MEETING BOARD OF ALDERMEN RIVERSIDE, MISSOURI Tuesday, January 29, 2013 5:30 p.m. The Board of Aldermen for the City of Riverside, Missouri, met in special session in the Board of Aldermen Chambers at City Hall, 2950 NW Vivion Road, Riverside, Missouri, on Tuesday, January 29, 2013. Mayor Rose called the meeting to order at 5:30 p.m. Those in attendance were Mayor Kathy Rose, Aldermen Ron Super, Mike Fuller, Brad Cope, Seth DeRose, Aaron Thatcher, and Art Homer. Also present were Interim City Administrator Greg Mills, City Attorney Nancy Thompson, City Clerk Robin Littrell, Finance Director Donna Resz, Community Development Director Mike Duffy, City Engineer Travis Hoover, Public Works Director Tom Wooddell, Capital Projects Coordinator Larissa Anderson, and Police Captain Mike Costanzo. WORKSHOP @ 5:32 p.m. Finance Director Donna Resz presented a PowerPoint regarding financial information on the revenues and expenditures for the last quarter and the changes from the previous quarter. A graph detailing the gaming revenues that were forecasted compared to the actuals. Brent Miles with NorthPoint delivered a Prospect Activity Report along with a general update on Horizons. Finance Director Resz held a discussion with the Board regarding an RFQ for a bond underwriter. Following a lengthy discussion by Mayor Rose, Interim Administrator Mills, Resz and the Board, direction was given to put an RFQ together for the Board to further review and consider. Resz also shared PowerPoint slides of expenditures for each fund through December 2012. The discussion for our budget reserves of 6% or 8% continued from the discussion held during the Saturday workshop, with no definite determination. Budget amendments were also defined along with a detailed spreadsheet regarding Spencer Fane legal fees. City Engineer Travis Hoover gave an update through a PowerPoint presentation on Northwood Road Phase 2, Northwood KCMO right of way, Line Creek Bridge, Horizons Infrastructure Utilities, Mattox Road Project, Upper Line Creek Trail, Line Creek Trail, Interurban Bridge Bank Stabilization, and the 2012 -2013 Infrastructure Maintenance project list. Travis also discussed the public facility improvements and the Capital Improvement budget. MOTION TO ADJOURN Alderman Thatcher moved to adjourn the meeting at 7:11 p.m., second by Alderman Cope. Yes: Thatcher, Cope, Homer, DeRose, Fuller, and Super. Robin Pa t ' Robin Pa