(First Reading) Consider approval of an Ordinance creating the City’s Finance

Staff Report & Agenda Item Details

(First Reading) Consider approval of an Ordinance creating the City’s Finance Committee, following Board provisions, providing for purpose, duties, membership, terms, appointments; and providing for an effective date and related matters. (Requested by City Council on April 16, 2026) Exhibit 3 - Resolution Exhibit 4 - Property Description Exhibit 5 - Property Description 2 Exhibit 6 - Property Description 3 (Item Presenter: Stephanie Leibe, Norton Rose Fulbright, City's Bond Counsel) Exhibit 1 - Staff Memo Exhibit 2 - Presentation Exhibit 3 - Assessment Ordinance Exhibit 4 - Assessment Ordinance Exhibit A - SAP Exhibit 5 - Notice of Public Hearing (Item Presenter: Stephanie Leibe, Norton Rose Fulbright, City's Bond Counsel) Exhibit 1 - Staff Memo Exhibit 2 - Presentation Exhibit 3 - Bond Ordinance Exhibit 4 - Ordinance Exhibit A Exhibit 5 - Ordinance Exhibit B Exhibit 6 - Ordinance Exhibit C Exhibit 7 - Ordinance Exhibit D (Item Presenter: Ravali Kosaraju, PE, AICP, PTOE, Assistant Director of Traffic & Transportation Management) Exhibit 1 - Staff Memo Exhibit 2 - Presentation Exhibit 3 - Ordinance Exhibit 4 - Proposed Parking Restrictions Survey (Item Presenter: Perwez A. Moheet, CPA, Interim City Manager & Director of Finance) 4

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 7.0/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.