Beruflich Dokumente
Kultur Dokumente
For
February 9, 2015
@ 5:00 PM
Warwick City Hall
3275 Post Road
Warwick, RI 02886
Amended 1-29-2015
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1.
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RECONSIDERATIONS
Councilwoman Usler
Councilman Ladouceur
Councilman Colantuono
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1. Appointments Requiring Confirmation
(Re-appointment)
Ward 1
Action:
Moved by:
Seconded by:
Vote:
Historic Cemeteries Commission
1. Jane Winton
102 Union Avenue
Warwick, RI 02888
Re-appointment
Ward 6
Action:
Moved by:
Seconded by:
Vote:
Wildlife and Conservation Commission
1. Joseph Bucci
693 Commonwealth Ave
Warwick, RI 02886
(Re-appointment)
Action:
Moved by:
Seconded by:
Vote:
Time Started:
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Roll Call:
Time:
Salute To The Flag:
Executive Communications
1. General Communications -
Public Comment
RULE 41.
After the General Communications and prior to the Consent
Calendar at each City Council Public Hearing meeting there shall be a fifteen
minute period during which citizens may comment about Warwick city government issues subject to the following stipulations:
a) The total period of time for public comment shall be 15 minutes. Comments need to be brief in order to allow as many citizens as possible to
participate.
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 Siefert
154 Julian Road
Warwick, RI 02889
(Vice- John Mulhearn (Resigned)
(Minority Appointment)
Ward 3
2. Joseph M. Almonte
170 Kirby Avenue
Warwick, RI 02889
Ward 5
(Re-appointment)
Ward 1
Action:
Moved by:
Seconded by:
Vote:
Historic Cemeteries Commission
1. Jane Winton
102 Union Avenue
Warwick, RI 02888
Re-appointment
Ward 6
Action:
Moved by:
Seconded by:
Vote:
Wildlife and Conservation Commission
1. Joseph Bucci
693 Commonwealth Ave
Warwick, RI 02886
(Re-appointment)
Action:
Moved by:
Seconded by:
Vote:
1. Consent Calendar
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
4. PCR-21-15 West Bay Community Action Facilities Use Agreement Barton Farm (Councilman Gallucci, Councilman Colantuono)
Committee Report: Public Properties
Action:
Moved by:
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NEW BUSINESS
1. PCR-22-15 Bond Refunding (Councilwoman Vella-Wilkinson)
Committee Report: Finance
Action:
Moved by:
Seconded by:
Vote:
Motion to Adjourn:
Time:
Next:
PCO-09-15
PCR-24-15
CONSENT CALENDAR
BIDS FOR
February 9, 2015
PCR-23-15
BID:
2. 2015-215 City of Warwick (District 6) Gasoline, Low Sulfur Diesel and Ultra Low Sulfur Diesel Fuel
COMMITTEE REPORT (FINANCE):
ACTION:
MOVED BY:
SECONDED BY:
VOTE:
PCO- 5 -14
CHAPTER 74
TAXATION
ARTICLE I.
No.....................................
IN GENERAL
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 hereby
amended 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.
FINANCE
PCR-19-15
THE CITY OF WARWICK
STATE OF RHODE ISLAND AND PROVIDENCE PLANTATIONS
RESOLUTION OF THE CITY COUNCIL
NO................................. DATE......................................
APPROVED....................................................................MAYOR
INTERGOVERMENTAL
PCR-21-15
THE CITY OF WARWICK
STATE OF RHODE ISLAND AND PROVIDENCE PLANTATIONS
RESOLUTION OF THE CITY COUNCIL
NO................................. DATE......................................
APPROVED....................................................................MAYOR
SPONSORED BY:
COUNCILMAN COLANTUONO
COUNCILMAN GALLUCCI
COMMITTEE:
PUBLIC PROPERTIES
PCR-22-15
THE CITY OF WARWICK
STATE OF RHODE ISLAND AND PROVIDENCE PLANTATIONS
No. .
Date . . . . . . . . . . . . . . . .
Approved. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Mayor
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) A schedule setting forth the issuance costs for the Refunding Bonds and interest rates
at which the Refunding Bonds have been issued;
(b) The Official Statement distributed to investors;
(c) A schedule showing the maturity dates, call dates and call premiums, if any, of the
Refunding Bonds;
(d) A schedule showing that the debt service savings is proportional to debt service due
in each fiscal year;
(e) 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;
(f) A schedule showing the refunding escrow structure and efficiency;
(g) 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 Citys debt management, and/or place
undue 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.
COMMITTEE:
AM 5614536.6
AM 5614536.3
FINANCE