HomeMy WebLinkAbout12-14-04BOARD OF DIRECTORS RECONVENED MEETING
December 14, 2004
4:30 PM
BOARD OF DIRECTORS MEETING
City Hall — 500 W. Markham
December 14, 2004
4:30 PM
The Board of Directors of the City of Little Rock, Arkansas met in a reconvened session
with Mayor Dailey presiding. The meeting was reconvened from December 7, 2004.
City Clerk, Nancy Wood registered the roll with the following Directors Present: Pugh,
Hurst, Cazort, Keck, Stewart, Wyrick, Kumpuris, Graves, Adcock, Vice Mayor Hinton,
and Mayor Dailey.
ORDINACNE NO. 19249 - An ordinance to provide for and to adopt the 2005
Budget for the City of Little Rock for the period beginning January 1, 2005 and
ending December 31, 2005; to appropriate resources and sues for every
expenditure item and fund; to amend Little Rock, Arkansas Revised Code 2 -260
(1988) to modify the timeline for initial funding of the Restricted Reserve Fund;
to declare an emergency and for other purposes.
Mayor Dailey asked Mr. Bruce Moore, City Manager, if there were any areas to address
before the readings of the ordinance. Mr. Moore replied that he believed all areas had
been addressed, and that Mr. Tom Carpenter, City Attorney had sent out a memo to the
Board that highlights some of the changes that have been made. There is a note in the
Budget Ordinance regarding the reserve requirement. Director Kumpuris asked Mr.
Carpenter if it could be stated publicly if the City has the extra $500,000 that goes to the
budget that it goes to the reserve fund. Mr. Moore stated that is how it works now. Any
additional revenue that comes into the City is shown, but also, recommendations, unless
this Board takes action that goes in a different direction, which is exactly how the process
works now. Director Kumpuris asked if that could be codified. Mr. Carpenter stated
what is codified is that the Board has directed that the restricted reserve fund is to either
be $10 million or 10% of the General Fund of the City, whichever is greater. There is
$6.4 million that is anticipated to be in the fund by the end of December 2005. The
ordinance indicated there would be $10 million at least by the end of December, 2005, so
what the amendment does is, that it changes it to intent to have that accomplished by the
end of the year, 2007, and notes that the Board is going to continue too put the monies in
the fund to the extent that they are not needed for city necessities. Director Adcock
stated that in the community there is a desire to re- institute the use of the helicopter, and
asked Mr. Moore to state what his proposal for the helicopter would be for the future.
Mr. Moore stated his intentions have not changed. He stated there is no intent from his
standpoint to sell the equipment. The helicopter is taken out about every two weeks to
make sure from a maintenance standpoint its ability to operate properly. With a new
chief coming on board, and a new recruit class coming on board, the program will be
monitored. Director Adcock asked if in an emergency, if the helicopter could be used.
Mr. Moore answered that it was.
BOARD OF DIRECTORS RECONVENED MEETING
December 14, 2004
4:30 PM
Mayor Dailey asked if the ordinance needed to read as amended. Mr. Carpenter stated it
could be read as amended the first reading.
The ordinance was read the first time as amended. Director Keck, seconded by Director
Adcock made the motion to suspend the rules and place the ordinance on second reading.
By unanimous voice vote of the Board members present, being two- thirds in number, the
rules were suspended to provide for the second reading. The ordinance was read the
second time. Director Adcock, seconded by Director Cazort made the motion to suspend
the rules and place the ordinance on third reading. By unanimous voice vote of the Board
members present, being two- thirds in number, the rules were suspended to provide for the
third reading. The ordinance was read the third time. A roll call vote was taken and
recorded as follows: Director Pugh, yes, Hurst, yes, Cazort, yes, Keck, yes, Stewart, yes,
Wyrick, yes, Kumpuris, yes, Graves, yes, Adcock, yes, Vice Mayor Hinton, yes, Mayor
Dailey, yes. By unanimous vote, the ordinance and emergency clause was passed
A motion was made by Director Cazort to adjourn; Director Adcock seconded the
motion, and by unanimous voice vote of the Board members present the meeting was
adj ourned.
ATTEST:
Na y Wood, ity Clerk
APPROVED:
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Jim(lY, iley, Mayor