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[CALL TO ORDER]

[00:00:06]

PLEASE JOIN ME FOR THE PLEDGE OF ALLEGIANCE.

I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA, AND TO THE REPUBLIC FOR WHICH IT STANDS, ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

THANK YOU MAYOR.

COUNCIL MEMBER KARLIN, PRESENT.

COUNCIL MEMBER EITERICH, PRESENT.

COUNCIL MEMBER CHARLTON, HERE.

COUNCIL MEMBER NICKS, HERE.

COUNCIL MEMBER ARROYO, HERE.

COUNCIL MEMBER WILLIAMSON, PRESENT.

COUNCIL MEMBER DENNY, PRESENT.

COUNCIL MEMBER HERRON, PRESENT.

MAYOR SAYERS IS PRESENT AND PRESIDING.

THANK YOU. YOU HAVE BEFORE YOU THE DRAFT MINUTES OF THE OCTOBER 15TH CITY COUNCIL MEETING.

[APPROVE MINUTES]

ANY CORRECTIONS? HEARING, THANK YOU CRAIG.

SECOND BY COURTNEY.

ALL IN FAVOR? MINUTES ARE APPROVED.

ANY MODIFICATIONS JENNIFER? NONE THIS EVENING.

FIRST IS THE CONSENT AGENDA.

[CONSENT AGENDA]

THERE ARE NINE ITEMS ON TONIGHT'S CONSENT AGENDA.

THE MATTERS ON THE CONSENT AGENDA ARE ROUTINE AND APPROVED COLLECTIVELY WITH NO SEPARATE DISCUSSION.

ANY ITEM ON THE CONSENT AGENDA MAY BE REMOVED AND FOR SEPARATE DISCUSSION BY A MEMBER OF THE GOVERNING BODY, CITY MANAGER, OR MEMBER OF THE PUBLIC.

IN THE EVENT THE ITEM IS REMOVED FROM THE CONSENT AGENDA, IT WILL BE PLACED ON THE REGULAR AGENDA.

ANY ANYONE WISH TO REMOVE AN ITEM FOR DISCUSSION? HEARING NONE, I'LL ENTERTAIN A MOTION TO APPROVE ITEMS ONE THROUGH NINE ON THE CONSENT AGENDA.

MOTION BY JOE, SECOND BY MELANIE.

ALL IN FAVOR? CONSENT AGENDA IS APPROVED.

WE HAVE NO NEW BUSINESS TONIGHT.

BEFORE WE DO COUNCIL MEMBER REPORTS, I WANT TO ACKNOWLEDGE THE STUDENTS WHO PICKED A EXCELLENT NIGHT TO BE AT CITY COUNCIL THIS EVENING, BECAUSE WE'RE GOING TO FINISH THIS BABY IN ABOUT FIVE MINUTES.

WOULD YOU PLEASE JOIN US DOWN AT THE MICROPHONE AND TELL US WHERE YOU GO TO SCHOOL? AND WHAT BRINGS YOU HERE THIS EVENING? SO MY NAME IS GRAHAM VANARSDALE.

I GO TO SHAWNEE MISSION WEST HIGH SCHOOL, AND I NEED TO BE HERE FOR A GOVERNMENT ASSIGNMENT.

SO I THOUGHT TONIGHT WOULD BE THE NIGHT BECAUSE I'VE COME THE PAST TWO WEEKS AND HASN'T REALLY HAPPENED, SO YEAH.

AND WE ALWAYS DO QUICK ON ELECTION NIGHT.

THANKS FOR COMING. I'M BROOKLYN MORRISSEY AND I GO TO SHAWNEE MISSION WEST HIGH SCHOOL, TOO.

AND I'M HERE FOR GOVERNMENT.

AND I CAME HERE TONIGHT BECAUSE I'VE BEEN BUSY WITH VOLLEYBALL FOR THE PAST COUPLE OF WEEKS, SO NOW I CAN COME.

THANK YOU AND WELCOME ANY COUNCIL MEMBER REPORTS.

[COUNCILMEMBER REPORTS]

OKAY. JUST THE QUARTERLY FINANCIAL REPORT.

[ 10. Quarterly Financial Report]

LET'S DO IT ATE.

THANK YOU MAYOR. I HAVE MY ANNUAL ELECTION NIGHT FINANCIAL UPDATE FOR YOU, AND I PROMISE TO BE JUST AS BRIEF AS PRIOR YEARS.

SO I DO WANT TO MAKE JUST A COUPLE COMMENTS, JUST BRIEFLY, ON THE REVENUE, RETAIL SALES AND UTILITY SALES HAVE REALLY PICKED UP OVER THE LAST QUARTER.

THIRD QUARTER OF THIS YEAR AND YOU CAN SEE WE'RE POSITIVE FOR THE FIRST TIME OVERALL ON SALES TAX, ABOUT 0.7% INCREASE.

SO SMALL BUT IT'S POSITIVE.

FRANCHISE FEES WERE STILL DOWN QUITE A BIT.

ELECTRIC WE WERE DOWN 8%.

NOW WE'RE DOWN TWO. SO IT IS TRENDING IN THE RIGHT DIRECTION.

SAME WITH GAS WE WERE DOWN 28%.

STILL DOWN 23%.

IT IS TRENDING IN THE RIGHT DIRECTION.

THE ONLY OTHER COMMENTS I'LL MAKE TONIGHT DEBT MANAGEMENT INDICATORS.

WE ISSUED ABOUT $11.2 MILLION IN DEBT EARLIER THIS YEAR IN THE THIRD QUARTER, FOR TWO STORMWATER PROJECTS, ONE STREET PROJECT THAT WAS 83RD STREET.

AND THEN THE FINAL PIECE, THE JUSTICE CENTER PROJECT.

RATIOS LOOK REALLY GOOD.

WE MAINTAINED OUR TRIPLE-A BOND RATING FROM MOODY'S AND STANDARD POOR'S, AND WE HAD NINE BIDS ON THAT BOND ISSUANCE, WHICH IS EXCEPTIONAL.

AND WE HAD A TRUE INTEREST COST OF ABOUT 3.4% ON THOSE BONDS.

SO WITH THAT, I'LL JUST STAND FOR ANY QUESTIONS.

ANY QUESTIONS FOR NATE? OKAY. THANK YOU. THANK YOU.

BECKY AND TODD ANYTHING ELSE? OKAY. THIS ENDS THE RECORDED PORTION OF THE MEETING.

* This transcript was compiled from uncorrected Closed Captioning.