Feb. 9 Warwick RI City Council Docket

8/9/2019 Feb. 9 Warwick RI City Council Docket

1/55

Finance Committee AgendaFor

February 9, 2015@ 5:00 PM

Warwick City Hall3275 Post Road

Warwick, RI 02886

Amended 1-29-2015

Chair Person: Councilwoman Vella-WilkinsonMember: Councilman GallucciMember: Councilman Colantuono

Time Started:Time Ended:

1. PCR-23-15 Resolution Relative to Bids(Councilwoman Vella-Wilkinson)

Committee Report: (Finance):

Action:Moved by:Seconded by:Vote:

2. PCO-5-14 Ordinance regarding interest charges on taxes (Councilman Ladouceur)

FIRST PASSAGE


Action:Moved by:Seconded by:

Vote:

3. PCR-19-15 Tax Moratorium on New Construction (Councilman Ladouceur)

Committee Report: Finance



2/55

4. PCR-22-15 Bond Refunding (Councilwoman Vella-Wilkinson)




3/55

Ordinance Committee Agenda

ForFebruary 9, 2015

@ 6:00 PM


Warwick, RI 02886

Chair Person: Councilman GallucciMember: Councilman ColantuonoMember: Councilman Ladouceur


1. PCO-28-14 Food Truck Permitting and Operation in the City ofWarwick (Councilwoman Vella-Wilkinson)

Committee Report: (Ordinance)

FIRST PASSAGE

Not Drafted


4/55

Public Safety Committee AgendaFebruary 9, 2015

@ 6:10 PM


Warwick, RI 02886

Chair Person: Councilman GallucciMember: Councilwoman UslerMember: Councilman Colantuono


RECONSIDERATIONS

1. PCR-17-15 Claim MAPRE Insurance a/s/o Bonnie Zavalia(Councilman Gallucci)

Committee Report: (Public Safety):

Action to reconsider:Moved by:Seconded by:Vote:



5/55

Appointments Committee Agenda

ForFebruary 9, 2015

@ 6:30 PM


Warwick, RI 02886

Chair Person: Councilwoman UslerMember: Councilman LadouceurMember: Councilman Colantuono


1. Appointments Requiring Confirmation –

Board of Assessment of Review

1. Thomas O. Sweeney19 Mayfair RoadWarwick, RI 02888 Expires: Jan 1, 2018

(Re-appointment) Ward 1

Action:Moved by:

Seconded by:Vote:

Historic Cemeteries Commission

1. Jane Winton102 Union AvenueWarwick, RI 02888 Expires : Jan 1. 2016

Re-appointment Ward 6

Action:Moved by:

Seconded by:Vote:

Wildlife and Conservation Commission

1. Joseph Bucci693 Commonwealth AveWarwick, RI 02886 Expires: Jan 1. 2018


Action:Moved by:

Seconded by:Vote:


6/55

Public Properties, Land Use Committee and Community AffairsFebruary 9, 2015

@ 6:40 PM


Warwick, RI 02886

Chair Person: Councilman ColantuonoMember: Councilman ChadronetMember: Councilman Solomon


1. PCR-21-15 West Bay Community Action – Facilities Use AgreementBarton Farm (Councilman Gallucci, Councilman Colantuono)

Committee Report: Public Properties



7/55

The City of WarwickDocket of the City Council

Regular Public Hearing MeetingFor

February 9, 2015@

Council ChambersWarwick City Hall

3275 Post RoadWarwick, RI 02886

@ 7:00 P.M.

Donna Travis, President

Roll Call:Time:Salute To The Flag:

Executive Communications

1. General Communications -

Public Comment

RULE 41. After the General Communications and prior to the ConsentCalendar at each City Council Public Hearing meeting there shall be a fifteenminute period during which citizens may comment about Warwick city gov-ernment issues subject to the following stipulations:a) The total period of time for public comment shall be 15 minutes. Com-

ments need to be brief in order to allow as many citizens as possible toparticipate.

b) The topics for comment shall be issues directly affecting City government.c) City Council members will not respond to questions during the public

comment period.

d) The public comment session will terminate at the expiration of 15 minutes.Waiver of this provision requires unanimous consent.

1. Announcement of Appointments –

Planning Board

1. Chelsea Siefert154 Julian RoadWarwick, RI 02889 Expires: January 2020

(Vice- John Mulhearn (Resigned) Ward 3

Personnel Hearing Board


8/55

1. Robert Carberry, Jr.113 Brentwood AveWarwick, RI 02886 Expires: January 2021

(Minority Appointment) Ward 3

2. Joseph M. Almonte170 Kirby AvenueWarwick, RI 02889 Expires: January 2021

(Vice – Scott Seaback) Ward 5

2. Appointments Requiring Confirmation –

Board of Assessment of Review

1. Thomas O. Sweeney19 Mayfair RoadWarwick, RI 02888 Expires: Jan 1, 2018



Historic Cemeteries Commission

1. Jane Winton102 Union AvenueWarwick, RI 02888 Expires : Jan 1. 2016

Re-appointment Ward 6


Wildlife and Conservation Commission

1. Joseph Bucci693 Commonwealth AveWarwick, RI 02886 Expires: Jan 1. 2018




9/55

1. Consent Calendar –

1. PCR-23-15 Resolution Relative to Bids(Councilwoman Vella-Wilkinson)

Committee Report: (Finance)

Action:Moved by:Seconded by:

Consent calendar vote:

RECONSIDERATIONS

1. PCR-17-15 Claim MAPRE Insurance a/s/o Bonnie Zavalia(Councilman Gallucci)

Committee Report: (Public Safety):

Action to reconsider:Moved by:Seconded by:Vote:

Action:

Moved by:Seconded by:Vote:

UNFINISHED BUSINESS

1. PCO-5-14 Ordinance regarding interest charges on taxes

(Councilman Ladouceur)

FIRST PASSAGE




10/55

2. PCO-28-14 Food Truck Permitting and Operation in the City of Warwick(Councilwoman Vella-Wilkinson)

Committee Report: (Ordinance)

FIRST PASSAGE

Not Drafted

3. PCR-19-15 Tax Moratorium on New Construction (Councilman Ladou-ceur)



4. PCR-21-15 West Bay Community Action – Facilities Use Agreement Bar-ton Farm (Councilman Gallucci, Councilman Colantuono)

Committee Report: Public Properties


NEW BUSINESS

1. PCR-22-15 Bond Refunding (Councilwoman Vella-Wilkinson)




11/55

Unanimous Consent for February 9, 2015

Motion to Adjourn:

Time:

Next: PCO-09-15PCR-24-15


12/55

CONSENT CALENDARBIDS FOR

February 9, 2015

PCR-23-15

BID:

1. 2014-242 Crime Scene and Evidence Processing Supplies COMMITTEE REPORT (FINANCE):

ACTION:

MOVED BY:

SECONDED BY:

VOTE:

2. 2015-215 City of Warwick (District 6) Gasoline, Low Sulfur Diesel and Ultra Low Sulfur Diesel FuelCOMMITTEE REPORT (FINANCE):

ACTION:

MOVED BY:

SECONDED BY:

VOTE:

3. 2015-223 Health Insurance Consultant (Re-Bid) COMMITTEE REPORT (FINANCE):

ACTION:

MOVED BY:

SECONDED BY:

VOTE:


13/55

PCO- 5 -14

THE CITY OF WARWICK

STATE OF RHODE ISLAND AND PROVIDENCE PLANTATIONS

CHAPTER 74

TAXATION

ARTICLE I. IN GENERAL

No..................................... Date.................................

Approved.................................................................... ........Mayor

Be it ordained by the City of Warwick :

Section I. Chapter 2 Article I of the Code of Ordinances of the City of Warwick is herebyamended to add the following: Sec. 74-4. Calculation of interest on overdue tax payments.

Pursuant to Rhode Island General Laws 44-5-8 (b), commencing with fiscal year 2015 in the case

of failure of a taxpayer to pay the first installment or any succeeding installment by the last date of the

respective installment period, the tax collector shall require immediate payment of only that late

installment, and impose an interest charge only on that late installment.

Section II. This Ordinance shall take effect upon passage and publication as prescribed by law.

SPONSORED BY: COUNCILMAN LADOUCEUR

COMMITTEE: FINANCE


14/55


15/55


16/55

PCR-21-15

THE CITY OF WARWICK


RESOLUTION OF THE CITY COUNCIL

NO.................................

DATE......................................

APPROVED....................................................................MAYOR

RESOLUTION AUTHORIZING AFACILITIES USE AGREEMENT WITH WEST BAY

COMMUNITY ACTION TO USE A PORTION OF BARTON FARM

Resolved that,

WHEREAS, the health, safety and welfare of the citizens of the City of Warwick are

matters of paramount importance to the City Council; and

WHEREAS, the City of Warwick is the owner of that certain parcel of real estate

designated as Assessor’s Plat 251, Lot 179, commonly known as Barton Farm; and

WHEREAS, West Bay Community Action is presently operating a farming operation for

the purpose of growing fresh produce for clients of West Bay Community Action who are low

income residents of Warwick and to stock a farmer’s market located at 224 Buttonwoods

Avenue; and

WHEREAS, the farming at Barton Farm was previously approved by the Warwick City

Council; and

WHEREAS, West Bay Community Action desires to enter into a revised Facilities Use

Agreement with the City of Warwick for a term of 20 years in the form attached hereto.

NOW, THEREFORE BE IT RESOLVED that the City Council hereby approves entering

into a revised Facilities Use Agreement with West Bay Community Action to use a portion of

Assessor’s Plat 251, Lot 179, commonly known as Barton Farm, as described in the Agreement

and on the map attached hereto under the Facilities Use Agreement in the form attached hereto.

The Mayor is authorized to execute said Agreement and other documents necessary to effectuate

the Agreement.

The City Clerk is hereby directed to forward a copy of this Resolution to the Mayor, the

Finance Director and the Director of the Planning Department.

This Resolution shall take effect upon passage.

SPONSORED BY: COUNCILMAN COLANTUONO

COUNCILMAN GALLUCCI

COMMITTEE: PUBLIC PROPERTIES


17/55


18/55


19/55


20/55


21/55


22/55


23/55


24/55


25/55


26/55


27/55


28/55


29/55


30/55


31/55


32/55


33/55


34/55


35/55


36/55


37/55


38/55


39/55


40/55


41/55


42/55


43/55


44/55


45/55


46/55


47/55


48/55


49/55


50/55


51/55


52/55


53/55

PCR-22-15THE CITY OF WARWICK


RESOLUTION OF THE CITY COUNCIL

No.!!!!. Date . . . . . . . . . . . . . . . .

Approved. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Mayor

RESOLUTION AUTHORIZING THE ISSUANCE

OF GENERAL OBLIGATION REFUNDING BONDS

WHEREAS, the City of Warwick (the "City") has previously issued its $13,500,000 General

Obligation Bonds dated June 15, 2003 (the "2003 Bonds"), its $12,500,000 General Obligation Bonds

dated August 15, 2004 (the "2004 Bonds") and its $17,500,000 General Obligation Bonds dated January

15, 2006 (the "2006 Bonds" and collectively, the "Prior Bonds"); and

WHEREAS, the City desires to issue general obligation refunding bonds (the "Refunding

Bonds") to refund all or any part of the Prior Bonds in order to take advantage of the lower interest rateswhich currently are prevailing;

WHEREAS, the City intends to issue the refunding bonds provided the present value savings is at

least equal to 3%; and

WHEREAS, the City desires to avoid purposely structuring for upfront savings which generates

near-term savings at the expense of generating savings in later years; and

WHEREAS, the 2003 Bonds, 2004 Bonds and 2006 Bonds have uneven debt service structures,

with principal payments, interest payments and final maturities occurring on different dates; and

WHEREAS, a uniform (proportional) savings structure where the Refunding Bonds are structured

as uniformly as possible with the structure of the Prior Bonds achieves a significantly greater aggregate

amount of savings than a level savings structure which would require the principal amortization of the

Refunding Bonds to be accelerated during the first fiscal year; and

WHEREAS, articles in the financial press report that interest rates are likely to increase in 2015;

and

WHEREAS, the City Council desires to revoke the authorization for bond refunding in the

Resolution designated as PCR-127-14.

NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Warwick, Rhode

Island that:

SECTION 1. Pursuant to Rhode Island General Laws Section 45-12-5.2 and subject tothe conditions listed herein, the City is authorized to issue Refunding Bonds of the City in an amount

necessary to refund all or a portion of the Prior Bonds and to provide for any principal of, redemption

premium, and interest on the Prior Bonds coming due on or prior to the date on which the Prior Bonds are

to be redeemed, and costs of issuance of the Refunding Bonds. Such authorization is contingent upon

obtaining a net present value savings of at least 3% and use of a uniform (proportional) savings structure.


54/55

the conditions listed herein, the City is authorized to issue Refunding Bonds of the City in an amount

necessary to refund all or a portion of the Prior Bonds and to provide for any principal of, redemption

premium, and interest on the Prior Bonds coming due on or prior to the date on which the Prior Bonds are

to be redeemed, and costs of issuance of the Refunding Bonds. Such authorization is contingent upon

obtaining a net present value savings of at least 3% and use of a uniform (proportional) savings structure.

The Director of Finance shall furnish the City Council with a post-issuance written report which includes

the following items (a) – (g) below, but the validity of the Refunding Bonds issued hereunder shall in no

way depend upon the rendering of the report or the contents of the report:

A schedule setting forth the issuance costs for the Refunding Bonds and interest ratesat which the Refunding Bonds have been issued;

The Official Statement distributed to investors;

A schedule showing the maturity dates, call dates and call premiums, if any, of the

Refunding Bonds;

A schedule showing that the debt service savings is proportional to debt service due

in each fiscal year;

A comparison of the payment schedules of each series of the Prior Bonds refunded,

as well as in the aggregate, showing both principal and interest payment dates for the

Prior Bonds and the Refunding Bonds;

A schedule showing the refunding escrow structure and efficiency;

A schedule including the repayment schedules of the Refunded Bonds and the

Refunding Bonds together with other outstanding debt of the City showing that the

Refunding Bonds will not adversely impact the City’s debt management, and/or placeundue strain on the projected annual debt service, including current general

obligation debt obligations and authorized general obligation debt not yet issued.

SECTION 2. The issuance of the Refunding Bonds will result in a financial benefit to

the City by reason of the net present value savings.

SECTION 3. The manner of sale, amount, denominations, maturities, conversion or

registration privileges, interest rates, medium of payment, and other terms, conditions and details of the

Refunding Bonds authorized herein may be fixed by the officers authorized to sign the Refunding Bonds,

provided that the final maturity of the Refunding Bonds shall not be later than the final maturity of the

2006 Bonds.

SECTION 4. The City Council hereby authorizes the City Treasurer and the Mayor

acting on behalf of the City, to issue the Refunding Bonds for the purposes set forth in this Resolution and

to take all actions as they deem necessary to effect the issuance of the Refunding Bonds. The Refunding

Bonds shall be issued by the City under its corporate name and seal or facsimile of such seal. The

Refunding Bonds shall be signed by the manual or facsimile signature of the City Treasurer and the

Mayor.

SECTION 5. The City Treasurer and the Mayor are hereby authorized to issue the

Refunding Bonds and deliver them to the purchaser and said officers are hereby authorized and instructed

to take all actions, on behalf of the City, necessary to ensure that interest on the Refunding Bonds will be

excludable from gross income from federal income tax purposes and to refrain from all actions which

would cause interest on the Refunding Bonds to become subject to federal income taxes.

SECTION 6. The City Treasurer and the Mayor are authorized to take all actions

necessary to comply with federal tax and securities laws including Rule 15c2-12 of the Securities and

Exchange Commission (the "Rule") and to execute and deliver a Continuing Disclosure Certificate in

connection with the Refunding Bonds in the form as shall be deemed advisable by the City Treasurer and

the Mayor in order to comply with the Rule. The City hereby covenants and agrees that it will comply

with and carry out all of the provisions of the Continuing Disclosure Certificate, as it may be amended

from time to time. Notwithstanding any other provision of this Resolution or the Refunding Bonds,

failure of the City to comply with the Continuing Disclosure Certificate shall not be considered an event

of default; however, any bondholder may take such actions as may be necessary and appropriate,

including seeking mandate or specific performance by court order, to cause the City to comply with its

obligations under this Section and under the Continuing Disclosure Certificate.

SECTION 7. The authorization for refunding bonds approved in PCR-127-14 is hereby

revoked.

SECTION 8. This Resolution shall take effect upon its passage.

(a)

(b)

(c)

(d)

(e)

(f)

(g)


55/55

. e au or za on or re un ng on s approve n - - s ere y

revoked.

SECTION 8. This Resolution shall take effect upon its passage.

SPONSORED BY: COUNCILWOMAN VELLA-WILKINSON

COMMITTEE:

FINANCE AM 5614536.6AM 5614536.3

Date post:	01-Jun-2018
Category:	Documents
Upload:	rob-borkowski
View:	214 times
Download:	0 times

Feb. 9 Warwick RI City Council Docket

Documents