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CONCLUDES ESPECIAL CLOSED SESSION MEETING THAT MEETING IS ADJOURNED NEXT GOOD AFTERNOON,

[00:00:05]

EVERYBODY. WE'RE ROLLING RIGHT INTO REGULAR SCHEDULE. CITY COUNCIL WORK SESSION FOR JUNE 6

[1. Roll Call]

2023 AT THIS TIME, ADAM. CLEVER. YOU PLEASE CALL THE ROLL. COUNCILOR BECAUSE BERG YEAH, REMEMBER JONES? YEAH REMEMBER SMITH LEE COUNCIL MEMBER MYERS NUMBER WESTBROOK. VICE MAYOR HILL MAYOR PERM. HI. THANK YOU. UM NEXT WEEK, UM, START UP WITH AN OPENING PRAYER. COUNCILMAN SMITH LEAD US IN OUR OPENING PRAYER. LESS POWER HEADS. MOST GRACIOUS GOD YOU FOR ALLOWING US TO TODAY. HERE ON THIS TUESDAY. WE KNOW THAT YOU ARE WHAT WE NEED IN OUR LIVES EVERY DAY. TO LISTEN TO YOU. NO MATTER WHETHER WE CAN SEE YOU OR NOT. BUT JUST CONTINUE TO UPLIFT. THE CITY OF PETERSBURG. AND ALL WHO LIVE HERE. AND ALL WHO HAVE THE FAITH IN US. JUST REMEMBER TO TAKE CARE OF OUR ERA. SENIORS. OUR CHILDREN. ARE SICK AND THE SET IN AND THE NEEDY. AND CONTINUE TO PRAY FOR OUR LEADERS. TO MAKE SURE THAT THEY MAKE THE RIGHT DECISIONS FOR ALL PEOPLE, NOT FOR ONE PERSON BEFORE ALL PEOPLE AND WE KNOW LORD THAT YOU WOULD GUIDE US. IN THAT ORDER. IN JESUS' NAME, WE PRAY. AMEN. AMEN. THANK YOU, COUNCILMAN SWIFTLY NEXT WEEK HAVE ITEM THREES TO PLEDGE A LEISURE BECAUSE EVERYONE PLEASE STAND AND JOIN ME TO PLEDGE.

THE INJUSTICE FRAUD. ALRIGHT NEXT IS ITEM FOR DETERMINATION OF THE PRESENCE OF A QUORUM. WE

[5. Public Comments]

DO HAVE A QUORUM TONIGHT. UM NEXT, WE GO TO ITEM FIVE, WHICH IS PUBLIC COMMENTS. ALRIGHT, MR GARY TALLY. IT'S BEEN A WHILE SINCE I'VE BEEN UP HERE. GARY TALLY 23 23 FORT RICE STREET.

COUPLE OF THINGS. I'D LIKE TO BRING YOUR ATTENTION TO, UM I'M CURRENTLY CHAIR OF THE COMMUNITY SERVICES BOARD AND I GO TO MEETINGS THERE. AND YOU ALL MUST BE FAMILIAR WITH THAT SINKHOLE THERE BETWEEN BUILDINGS. IT'S GETTING WORSE. TOOK PICTURES OF IT. WE'VE GOT SOME SHRUBS ABOUT THIS HIGH GROWING IN IT. IT'S BEEN LIKE THIS FOR OVER A YEAR. NOW I'VE EMAILED PEOPLE TRYING TO FIND OUT WHAT'S GOING ON AND TOLD TWO STORIES, ONE THAT THE CITY HAS ALL THE PERMITS. IT'S SITTING ON SOMEBODY'S DESK, WAITING TO BE REVIEWED AND APPROVED. THE OTHER STORY WAS THERE WAITING ON PERMITS TO BE BE SUBMITTED. SO CAN SOMEBODY FIND OUT WHAT THE STORY IS ON THAT AND LET'S GET THIS PROJECT GOING BEFORE IT GETS WORSE. WE GET A REALLY BAD STORM THAT'S GOING TO COST SOME SERIOUS PROBLEMS. IT'S RIGHT UP NEXT TO THE OLD UM B D. M V BUILDING ANYMORE COLLAPSE THAT SIDE OF THE BUILDING IS GONNA GO YOU CAN SEE THE FACADE SINKING. I'M SECOND UM. ONE. CAN WE START ON TIME Y'ALL I KNOW YOU'VE GOT A LOT TO DO ON YOUR PLATE BACK THERE, BUT WE ALL SHOW UP AT FIVE O'CLOCK. I'VE GOT INTERPRETERS SITTING HERE. WE'RE PAYING JUST DOING THIS. FIVE. OCLOCK MEANS FIVE O'CLOCK. UM, INFRASTRUCTURE PROJECTS. I'VE GOT THAT LIST THAT WAS PUBLISHED UP THERE, AND THERE'S A LOT OF WORDS THAT I DON'T UNDERSTAND, AND I'M PRETTY INTELLIGENT MAN. I'D LIKE TO KNOW THERE'S A LOT OF MONEY HERE. I'D LIKE TO KNOW WHAT WE'RE DOING WITH THE MONEY. WHERE THESE PROJECTS ARE SCHEDULED. DRIVING UP TODAY. I COME UP SOUTH BOULEVARD RIGHT IN FRONT OF THE SCHOOL BOARD. IT LOOKS REAL NICE. WE'VE PAVED THAT ROAD. THE SIDEWALKS ARE GOOD CONDITION. THE CURVES IN GOOD CONDITION. THE SECOND YOU TURN ONTO FORTMAN HOME. EVERYTHING IS LIKE 100 AND 8200 DEGREE DIFFERENCE. THE ROAD'S BAD THE SIDEWALKS CRUMBLING, THE CURVE IS CRUMBLING. AND THAT THAT'S THAT'S WHO WE ARE. THAT'S THAT'S PART OF WHO WE ARE OUR INFRASTRUCTURE. AND Y'ALL CAME UP WITH YOUR TWO ADDITIONS TO THE AGENDAS. I HOPE WE'LL BE DISCUSSING THAT LATER. ECONOMIC DEVELOPMENT. WE HAVE A DEPARTMENT AND IT LOOKS LIKE IT SOUNDS LIKE WE'RE HIRING OUTSIDE PEOPLE TO START DOING THE SAME JOB. SO HOPEFULLY THAT WILL COME UP IN THE DISCUSSION. THANK YOU. THANK YOU. ALRIGHTY. THAT

[6. Approval of Consent Agenda (to include minutes of previous meetings)]

CONCLUDES OUR PUBLIC COMMENT PERIOD. NEXT IS ITEM SIX APPROVAL OR CONSENT AGENDA TO INCLUDE MINUTES OF PREVIOUS MEETINGS. MAY 16TH 2023 CLOSED SESSION MINUTES MAY 16TH 2023

[00:05:03]

REGULAR CITY COUNCIL MEETING MINUTES. BE FIRST READING OF THE ORDINANCE APPROVING A PETITION TO REZONE THE PROPERTY LOCATED AT 22 55 JAMESTOWN ROAD FROM A AGRICULTURE ZONING DISTRICT IN ONE LIGHT INDUSTRIAL ZONING DISTRICT AND 20 TO 62 COUNTY DRAFT FROM B TO GENERAL COMMERCIAL ZONING DISTRICT TO M ONE LIGHT INDUSTRIAL ZONING DISTRICT, FIRST READING. ITEM C CONSIDERATION OR ORDINANCE TO EXECUTE A PALLET OPERATING AGREEMENT WITH BIRD AS BIRD RATS INCORPORATED TO ESTABLISH A STAND UP ELECTRIC SCOOTER SHARING SYSTEM WITHIN THE CITY OF PETERSBURG, FIRST READING. ITEM D CONSIDERATION TO ADOPT THE FY 2024 CAPITAL BUDGET.

FIRST READING. THOSE ARE ITEMS FOR THE CONSENT AGAIN. I ENTERTAIN A MOTION. COUNCILOR WESTBROOK. MOVE THAT WE APPROVED THE CONSENT AGENDA. RIGHT? COUNCILMAN SMITH LEE. SECOND.

ALL RIGHT, MADAM CLERK. PLEASE CALL THE ROLL. COUNCIL MEMBER COMFORT. AH REMEMBER JONES REMEMBER SMITH LEE HIGH COUNCIL MEMBER MYERS COUNCIL MEMBER, WESTBROOK. BY FAST. OKAY NEXT

[7. Special Reports]

WEEK. MOVE ON TO, UM ITEMS, 78, WHICH IS SPECIAL REPORTS. UM A IS RECOGNITION OF THE BLANDFORD DIAMONDS. ROB APPLAUSE FOR THE BLANDFORD DIAMONDS FOR BEING WITH US TONIGHT. ALRIGHT COUNSELOR. SMITH LEE, YOU WENT TO OPEN UP FOR US, CAN I? EVERYBODY THAT ISN'T THAT IS INVOLVED WITH THE BLANDFORD DIAMONDS TO COME UP, PLEASE.

YEAH. JUST COME ON UP IN THE FRONT. SO THE PRINCIPLE CAN YOU COME UP AND MISS TUCKER? UM MOHAMMED. AND YEAH. CAN YOU STATE YOUR NAME? YES. AND, UM DO YOU WANT TO GIVE A LITTLE SUMMARY OR HOW WE BECAME HOW WE CAME UP WITH THE BLANDFORD DIAMONDS, OKAY? GOOD EVENING, MAYOR PAIR. COUNCIL MEMBERS. I AM TRINA MICHENER. I'M THE ASSOCIATE PRINCIPAL AT THE BLANFORD SIXTH GRADE ACADEMY. UM JUST A LITTLE BIT ABOUT OUR STORY. THESE ARE OUR LADY DIAMOND. BLANFORD DIAMONDS. WE HAVE SIX YOUNG LADIES TO GIVE YOU JUST A LITTLE OVERVIEW. THEY ARE ORGANIZED UNDER THE DIRECTION OF MS HAWKS. MR MOHAMMED. AND OF COURSE, COUNCILWOMAN SMITH, LEE AND MYSELF. THE GOALS OF THIS GROUP INCLUDED IDENTIFYING TAP STUDENTS, SCHOLARS WHO POSSESS LEADERSHIP SKILLS. THEY ARE PREPARED TO PREPARE THEM AS THEY ENTER SECONDARY SCHOOL. EACH OF THESE LADIES AND THERE ARE ACTUALLY SIX OF THEM. A COUPLE OF PARENTS HAD TO WORK LATE SO THEY COULD NOT GET HERE. BUT EACH OF THESE LADIES POSSESSED A 3.3 OR ABOVE AND HAVE SCORED THE HIGHEST S O. L SCORES THIS YEAR AND READING AND MATH. THEY ARE TRUE ROLE MODELS FOR THEIR PEERS . THEY DRESS UP ONCE A WEEK. THEY HAVE THEIR WONDERFUL PEARLS. THANKS TO COUNCILWOMAN. THANK YOU, UM AND THEY HAVE ACTUALLY HAD THE OPPORTUNITY TO HOST LUNCH WITH VIRGINIA'S FIRST LADY SUZANNE YOUNG SKIN. I WOULD LIKE TO SAY KEEP AN EYE ON THESE YOUNG LADIES. THESE ARE OUR FUTURE. DOCTORS LAWYERS, TEACHERS COUNCIL MEMBERS. UM ALSO, I CANNOT BE MORE PROUDER THAN I AM TO ACTUALLY INTRODUCE YOU TO THESE LADIES. I WOULD LIKE FOR THEM TO COME UP IF THEY CAN AND JUST INTRODUCE THEMSELVES. HI MY NAME IS SHAMARI PERRY. HELLO. MY NAME IS LARRY ON A BROWN. HELLO. MY NAME IS JASMINE ELLIOTT. ALRIGHT AND AT THIS TIME WHILE WE'RE ABOUT TO PRESENT, MS SAYS ON BEHALF OF MAYOR SAM, PAM AND PETERSBURG CITY COUNCIL. WE PRESENT THIS CERTIFICATE OF RECOGNITION. IN RECOGNITION OF YOUR DEDICATION AND HARD WORK. WE COMMEND YOU FOR YOUR ACHIEVEMENT AND PARTICIPATION IN BLANDFORD DIAMONDS AS YOUNG LADIES WHO ARE BECOMING AMBASSADORS AS YOU STRIVE TO BECOME PRODUCTIVE AND SUCCESSFUL LEADERS OF THE FUTURE. WE ARE PROUD TO HAVE YOU REPRESENT OUR COMMUNITY AND THE

[00:10:02]

CITY OF PETERSBURG. WISHING YOU THE BEST AS YOU CONTINUE TO THRIVE ACADEMICALLY PRESENTED THIS SIXTH DAY OF JUNE. 2023 WE HAVE THESE INDIVIDUALLY FOR ALL SIX. OKAY. THANK YOU.

YEAH, THANK YOU. HELLO. I'M KAMANI JACKSON. ALL RIGHT.

BEYOND.

YES. FIRST I WOULD LIKE TO THANK THE CITY COUNCIL FOR HAVING US HAS BEEN SUCH AN OPPORTUNITY.

TWO BIRTH WORK. IN MY HOMETOWN. I WAS BORN AND RAISED IN PETERSBURG AND I'VE BENEFITED FROM THE EDUCATION SYSTEM BACK IN THE DAY. AND HERE WE ARE ABLE TO GIVE BACK AND THE OPPORTUNITY THAT COUNCILWOMAN, UM SMITH LEE. WE GREW UP TOGETHER, BUT ALSO SHE'S A WONDERFUL PERSON TO COME IN AND WANT TO SUPPORT THIS PROJECT. IN THE DAY AND TIMES WERE IN THE STUDENTS ARE STRIVING REALLY HARD IN THE MIDDLE SCHOOL AGE. TO UM INSTEAD OF STANDARD, NOT JUST FOR THEMSELVES, BUT THEIR SIBLINGS. SO THANK YOU FOR OPPORTUNITY. TELL THEM ABOUT YOUR PEARLS. AND WHAT IT MEANS TO YOU. OH, OH, OH, WELL WHEN WE HAD LUNCH WITH THE GOVERNOR'S WIFE OR THE FIRST LADY, UM SHE GAVE US THESE PEARLS THAT RECOGNIZE OUR INDEPENDENCE AND OUR LEADERSHIP AND WHO WE STRIVE TO BE AS YOUNG WOMEN IN THE FUTURE.

BEAUTIFUL. THIS IS OUR FUTURE.

NEXT. WE HAVE A WHAT'S UP PRESENTATION OF A PROCLAMATION DESIGNATING. JUNE 19TH JULY 20TH AS BLACK FUTURES MONTH HERE IN THE CITY OF PETERSBURG. THE PROCLAMATION STATES, WHEREAS BLACK FUTURE MONTH IS A MONTH CELEBRATION. WE KICK OFF ON JUNE 19TH WITH A MAJOR CELEBRATION AND CONCLUDE ON JULY 20TH. AND WHEREAS THE PROGRAM WILL INCLUDE A RANGE OF ACTIVITIES THAT EMPHASIZE EDUCATION, LIBERATION AND ENTERTAINMENT. WHEREAS THE PRIMARY OBJECTIVE OF BLACK

[00:15:03]

FUTURE MONTH IS TO EDUCATE THE YOUTH OF PETERSBURG WHILE ALSO PROMOTING TOURISM AND BOOSTING THE LOCAL ECONOMY. AND WHEREAS THROUGH A WELL BALANCED BLEND OF EDUCATIONAL AND ENTERTAINING ACTIVITIES. WE AIM TO DEVELOP A FOUR WEEK MUSIC SERIES THAT WILL ATTRACT TOURISTS VISITING PETERSBURG FOR EXPOSE WORKSHOPS AND OTHER EVENTS. THIS INITIATIVE WOULD NOT ONLY PROVIDE ENTERTAINMENT WITH VISITORS BUT ALSO GENERATE INCOME FOR THE LOCAL BUSINESSES.

AND WHEREAS BLACK FUTURE MONTH WILL BE DIVIDED INTO FOUR WEEKS WITH ACTIVITIES AND EVENTS THAT EDUCATE THE CITIZENS WITH A FOCUS ON THE YOUTH. AND WHEREAS WE ONE WILL FOCUS ON PROMOTING FAMILY VALUES, LIFE SKILLS AND MENTAL AND SPIRITUAL HEALTH. WE WILL PARTNER WITH LOCAL HOSPITALS AND BUSINESSES THAT SPECIALIZE IN THESE AREAS TO PROVIDE FREE HIGH BLOOD PRESSURE CHECKS, DIABETES TESTING WELLNESS CHECKS. AND OR PHYSICALS, WE WERE ENCOURAGED THE COMMUNITY COOKOUTS AND NEIGHBORHOOD EVENTS THIS WEEKEND RESIDENTS MORE INVESTED IN THEIR COMMUNITY. WHEREAS ALL DAYTIME EVENTS WOULD BE MARK MARKETED TO SCHOOL AGE CHILDREN AND WILL BE BUILT AS EDGE ATTAINMENT, MAKING THEM BOTH EDUCATIONAL AND ENTERTAINING. AND WHEREAS THE EVENTS WERE TARGET COLLEGE STUDENTS AND YOUNG BUSINESS PROFESSIONALS THERE WILL BE JOB FAIRS AND NETWORKING OPPORTUNITIES AND WHEREAS OVERALL BLACK FUTURE MONTH AIMS TO BE AN ENGAGING AND ENLIGHTENING EXPERIENCE FOR EVERYONE INVOLVED, AND THAT THEREFORE I MAYOR SAMUEL PARAMOUNT VIRTUE OF THE AUTHORITY, VESTED IN ME BY THE CITY OF PETERSBURG, DO HEREBY PROCLAIM THE MONTH OF JUNE 19TH THROUGH JULY 20TH AS BLACK FUTURE MONTH IN THE CITY OF PETERSBURG, URGED ALL CITIZENS TO JOIN ME IN THIS SPECIAL OBSERVANCE. NEXT IS A PRESENTATION. A PROCLAMATION DESIGNATING JUNE 15TH 2023 AS WORLD ELDER ABUSE AWARENESS DAY. AND A PROCLAMATION STATES, WHEREAS THE CITY OF PETERSBURG RECOGNIZES THAT IN 2006 INTERNATIONAL NETWORK FOR THE PREVENTION OF ELDER ABUSE, PROCLAIMED JUNE 15TH OF EACH YEAR AS WORLD ELDER ABUSE AWARENESS DAY. AND WHEREAS THE UNITED STATES CENSUS BUREAU POPULATION DIVISION DATED 2020 AMERICAN COMMUNITY SURVEY YEAR ESTIMATES SUBJECT TABLES PREPARED BY THE CREATIVE PLANNING DISTRICT COMMISSION REPORTS THAT THE TOTAL NUMBER OF VIRGINIA'S A 60 OLDER NUMBER 1,838,300 SENIORS. AND WHEREAS, ACCORDING TO THE DEPARTMENT OF JUSTICE, ELDER ABUSE INITIATIVE , ELDER ABUSE IS AN INTENTIONAL OR NOT. NEGLIGENT ACT BY ANY PERSON THAT CAUSES HARM OR SERIOUS RISK OF HARM TO AN OLDER ADULT. SUBTYPES OF ELDER ABUSE, INCLUDING PHYSICAL ABUSE. FINANCIAL FRAUD, SCAMS, EXPLOITATION, CARE GIVER, NEGLECT AND ABANDONMENT. PSYCHOLOGICAL ABUSE AND SEXUAL ABUSE. AND WHEREAS THE VIRGINIA DEPARTMENT FOR AGING AND REHABILITATIVE SERVICES REPORTED ADULT PROTECTIVE SERVICES DATA FOR THE STATE FISCAL YEAR 2022 OF THE 40,371 REPORTS OF ADULT ABUSE, NEGLECT OR EXPLOITATION RECEIVED THROUGH THE ADULT PROTECTIVE SERVICES PROGRAM. 77% OF THE STATEWIDE DATA. WHERE PERSONS AGES 60 OLDER. AND WHEREAS THE MAJORITY OF THE A P S REPORTS OF ADULT ABUSE, NEGLECT OR EXPLOITATION DURING FISCAL YEAR 2022 WERE REPORTED BY RELATIVE FOLLOW BACK FINANCIAL INSTITUTION STAFF. WHEREAS THE ADULT PROTECTIVE SERVICES PROGRAM REPORT INDICATES THAT SELF NEGLECT IS THE MOST COMMON TYPE OF MALTREATMENT EXPERIENCED IN VIRGINIA. AT 62% AND NEGLECT AND FINANCIAL EXPLOITATION WHEN COMBINED, OCCURRING 27. OF THE CASES. WHEREAS ELDER ABUSE, NEGLECT OR EXPLOITATION, HAVE NO BOUNDARIES AND CROSS ALL RACIAL , SOCIAL CLASS, GENDER AND GEOGRAPHICAL LANDS, ACCORDING TO THE ELDER JUSTICE COALITION. AND WHEREAS THE NATIONAL CENTER FOR ELDER ABUSE WILL BE SHARING RESOURCES DURING THE WEEK OF HOSTING DISCUSSIONS AND PROMOTING AWARENESS ABOUT ELDER ABUSE ON THE FOLLOWING DATES AROUND THESE DAILY THINGS, GENERALLY, 12 MONDAY INTERDISCIPLINARY PARTNERSHIPS. JUNE 13TH TUESDAY INTERGENERATIONAL COLLABORATION.

JUNE 14TH WEDNESDAY INTERVENTION AND PREVENTION JUNE 15 THURSDAY. INTERSECTIONALITY OF ELDER ABUSE . JUNE 16TH FRIDAY INTERNATIONAL ELDER JUSTICE EFFORTS NOW THERE FOR RABBI SAMUEL PAM, BY VIRTUE OF THE AUTHORITY VESTED ME AS MAYOR OF THE CITY OF PETERSBURG, DO HEREBY PROCLAIM JUNE 15TH 2023 AS WORLD ELDER ABUSE AWARENESS DAY IN THE CITY OF PETERSBURG AND RECOGNIZED PROFESSIONALS, AGENCIES AND ADVOCATES FOR THEIR EFFORTS TO ADVANCE AWARENESS OF ELDER ABUSE AND URGE EVERY RESIDENT IN OUR COMMUNITY TO TAKE TIME DURING THE SUPPORTING DATA TO SUPPORT OLDER ADULTS. AND THE PEOPLE WHO SERVED THEM AS ESSENTIAL AND VALUABLE MEMBERS OF THE COMMUNITY. AND TO IDENTIFY AND REPORT SUSPECTED ELDER ABUSE WITHIN OUR COMMUNITY. DATED JUNE

[00:20:04]

6TH 2023. ALRIGHT. ANYBODY HERE? OKAY? COME ON UP DOT YES. MR MAYOR, CITY COUNCIL. I'M DR HAROLD SALES THE EXECUTIVE DIRECTOR OF THE CREATOR, DISTRICT AREAS AND AGING WHERE WE SERVE PETERSBURG COLONIAL HEIGHTS. HOPE WELL IN THE CITY OF EMPORIA. AS WELL AS DEN, WITTY PRINCE, GEORGE SUSSEX, SURREY AND GREENSVILLE COUNTY. ELDER ABUSE IS A VERY IMPORTANT FACTOR FOR OUR OUR SENIORS IN THIS COMMUNITY. IF YOU WANT TO KNOW, IN THE NEXT 8 TO 12 YEARS , THE SENIORS IN THIS IN THIS COUNTRY WE'LL OUTNUMBER THE CHILDREN 18 AND UNDER WHAT WE'RE WRITING ON WHAT YOU CALL THE ELDERS TSUNAMI WHERE WE'RE GETTING OLDER. WE'RE LIVING LONGER. AND WE'RE PROSPEROUS, SO THE ELDER POPULATION IS INCREASING DRAMATICALLY AND DRAMATICALLY, SO WE JUST WANT TO THANK YOU FOR THIS PROCLAMATION . UH AND IF YOU KNOW SOMEBODY WHO IS EXPERIENCING ELDER ABUSE TO PLEASE REPORT IT. BECAUSE MANY ELDERS ARE BEING TAKEN A VANTAGE OF NOT JUST PHYSICALLY BUT FINANCIALLY AND EMOTIONALLY. THANK YOU, SIR.

THE NEXT ITEM IS ITEMS 70 PRESENTATION ON BIRD MICRO MOBILITY, ELECTRIC SCOOTERS. MR TABOR. GOOD EVENING, HONORABLE MAYOR, VICE MAYOR AND MEMBERS OF THE WELL I'M SORRY. MR VICE MAYOR IS NOT EVEN MEMBERS OF THE CITY COUNCIL. UNFORTUNATELY THE REPRESENTATIVE FROM BIRD WAS NOT ABLE TO ATTEND THE MEETING TONIGHT. WE DO HAVE THE PRESENTATION DOCUMENT IN YOUR PACKET, AND THE ITEM WAS APPROVED ON THE CONSENT AGENDA TO BE, UM, FOR A PUBLIC HEARING ON THE 20TH, AND WE ASKED THAT THE INFORMATION PROVIDED DURING THE PUBLIC HEARING. OKAY. THANK YOU. THANK YOU APPRECIATE IT. NEXT IS ITEM E PRESENTATION, OR VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT. TO ACQUIRE RENOVATES SALE PALETTE PROGRAM. OKAY HONORABLE MAYOR, VICE MAYOR AND MEMBERS OF THE CITY COUNCIL. UH THE CITY COUNCIL PROCLAIMED JUNE 2023 AS HOMEOWNERSHIP MONTH AND THROUGHOUT THE MONTH, THE CITY WILL PARTNER WITH OTHERS TO HOST EVENTS AND PROVIDE INFORMATION ABOUT RESOURCES AND SERVICES AVAILABLE. TO PERSPECTIVE. HOME BUYERS, REALTORS, FINANCIAL INSTITUTIONS AND DEVELOPERS TO PROMOTE HOME OWNERSHIP IN PETERSBURG. HOMEOWNERSHIP FAIR IS SCHEDULED TO BE HELD ON JUNE 20/8 FROM 4 TO 7 P.M. IN THIS EXACT BUILDING. EXACT ROOM. THE VIRGINIA DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT, OR D , H C D ESTABLISHED, UH, ACQUIRE RENOVATES CELL OR A R S AND THE PROGRAM OBJECTIVE IS TO CREATE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES FOR LOW TO MODERATE INCOME INDIVIDUALS ACTUALLY, FIRST TIME HOMEBUYERS WHILE ALLOWING PROVIDERS INCREASED DISCRETION OVER ACQUISITION TYPE. REGION AND RESALE. THE GOAL OF A RS IS TO HELP TRANSFORM A STREET, A NEIGHBORHOOD AND A COMMUNITY AND A FAMILY THROUGH THE PROGRAM. THE PROGRAM IS THERE IS THE RESULT OF A PARTNERSHIP BETWEEN D H C D. THE PRIMARY ADMINISTRATOR AND VIRGINIA HOUSING IT PROVIDES PROVIDERS WILL ACQUIRE UNDERVALUED HOMES OR PROPERTIES THAT ARE ASSESSED BELOW MARKET VALUE, USING THEIR OWN LINES OF CREDIT, RENOVATE USING A R S FUNDING AND OTHER LEVELS RESOURCES IF NECESSARY, AND RESELL THE PROPERTY AT FAIR MARKET VALUE TO OUR FIRST TIME HOME BUYER WHO IS AN INDIVIDUAL OR FAMILY. WHO HAS NOT OWNED AND OCCUPIED A PRIMARY RESIDENCE WITHIN THE LAST THREE YEARS. HOME BUYERS MUST ALSO MEET VH A INCOME INCOME LIMITS, HOWEVER, EXCEPTIONS TO THE FIRST TIME HOMEBUYER DEFINITION AS WELL AS HIGHER INCOME LIMITS ARE AVAILABLE FOR PROPERTIES LOCATED IN AREAS OF ECONOMIC OPPORTUNITY, WHICH ARE FEDERALLY DESIGNATED. AND AFTER THE SALE OF THE HOME, THE RS FUNDING IS RETURNED, AND THE PROVIDER USES THE NET PROCEEDS AS PROGRAM INCOME TO REINVEST IN LOCAL AFFORDABLE HOUSING EFFORTS AND

[00:25:06]

COVER A PORTION OF THE ADMINISTRATIVE COSTS. THE RS PRO PILOT WOULD TARGET EIGHT PROPERTIES PROPERTIES WILL BE CHOSEN BY THE CITY AND THE A. C D. THE PROPERTIES COULD INCLUDE HOMES BEING RENOVATED OR VACANT LOTS THAT HOME WOULD BE BUILT ON BRS HAS FOUR PROVIDERS THAT CAN PROVIDE THE WORK IN PETERSBURG HABITAT. VIRGINIA HABITAT TRI CITIES, CASA DE A POLIO AND SOUTH SIDE, COMMUNITY DEVELOPMENT AND HOUSING CORPORATION. THE EIGHT PROPERTIES IN THE PILOT WOULD BE TRANSFERRED TO THE PARTNERS UNDER THE PILOT PROGRAM. THE PROVIDER WOULD THEN RENOVATE OR BUILD THE HOME ONCE THE HOME CELLS AND THE CITY WOULD BE PAID BACK FOR EITHER BACK TAXES. UH OR THE ASSESSED VALUE, WHICHEVER IS LESS. THIS WOULD ALLEVIATE THE CITY'S ABILITY, LIABILITY FOR INSURANCE, MAINTENANCE AND UTILITIES. IT WOULD PLACE FIRST TIME HOMEBUYERS. UH BACK INTO THE HOME AND PUT THE RENOVATED NEW HOME BACK ON THE TAX ROLLS.

SO THIS IS INFORMATION ON THE 80% INCOME LEVELS. SO FOR A SINGLE PERSON, THE MAXIMUM INCOME UNDER 80% WOULD BE 59,750. FOR A FAMILY OF 2 68,250 FAMILY OF 3 76,800 FAMILY OF 4 85,300 FAMILY OF 5 92,150. AND PETERSBURG IS A PART OF THE RICHMOND S A AND THE MEDIAN INCOME FOR THE RICHMOND S A IS 109,400. I'M HAPPY TO RESPOND TO ANY QUESTIONS. ALRIGHT QUESTIONS FOR MR TABOR. UM COUNCILMAN, COVER YOUR QUESTION. YES. UH MR TABLE. COULD WE GO BACK TO THE SLIDE JUST BEFORE THE ONE THAT SAID 80% INCOME. HMM. OOPS.

THANK YOU. HOLD HOLD. HOLD THE. PRESSURE, MIKE. I'M SORRY BECAUSE WE MISSED ALL THAT. THAT SENTENCE READS. ONCE THE HOME SELLS, THE CITY WOULD BE PAID BACK FOR EITHER THE BACK TAXES SLASH FEES. ALL THE ASSESSMENT VALUE, WHICHEVER IS LESS. DO YOU MEAN, WHICHEVER IS MORE AH! I'LL HAVE TO DOUBLE CHECK. SO THIS IS A LANGUAGE FROM D. H C D FOR THEIR PROGRAM REQUIREMENTS. AND IF INDEED, THE CITY HAS A REQUIREMENT OR WOULD LIKE TO EITHER MAKE IT MORE OR MAKE IT ONE OR THE OTHER. I'M SURE THAT WE COULD STIPULATE THAT I'M JUST CURIOUS BECAUSE IT YOU KNOW IF THERE'S NO BACK TAXES OWED BECAUSE THIS CITY OWNED IT RIGHT , THE FEES OF MODEST AND WE WOULD BE SELLING ASSET. FOUR. OF PRACTICALLY NOTHING RIGHT. THIS IS THIS READS RIGHT RIGHT SO WE COULD MAKE IT THE ASSESSED VALUE. WELL THAT WOULD CERTAINLY BE BETTER THAN ZERO. YES, THANK YOU. THANK YOU. OKAY. ANY OTHER QUESTIONS? ALL RIGHT. THANK YOU. MR TABLE FOR THE PRESENTATION.

THANK YOU. ALL RIGHT, AND. I HAVE ONE MORE COMING UP FOR WHICH IS F PRESENTATION AND PETERSBURG DOWNTOWN MASTER PLAN. MR MOORE. GOOD EVENING, MR MAYOR . MEMBERS OF COUNCIL. GOOD EVENING. WE'RE HERE TONIGHT TO GIVE YOU AN UPDATE ON OUR DOWNTOWN MASTER PLAN. WE APPRECIATE YOUR LEADERSHIP AND MOVING THESE PROJECT FORWARD AGAIN. YOU HAVE A PAPER LIKE THIS AT YOUR STATION. WE WILL HAVE A PRESENTATION TOMORROW FROM 4 TO 8 WILL BE LIKE AN OPEN HOUSE CITIZENS WILL HAVE THE OPPORTUNITY TO COME AND SPEAK. AND THERE WILL BE A FORMAL PRESENTATION THAT WILL START AT 6 P.M. AND THAT WILL BE AT THE POWELL PETERSBURG AREA ART LEAGUE. TONIGHT OUR CONSULTANT MINDY WATTS WILL BE HERE TO MAKE THE PRESENTATION. EVENING MAYOR EVENING COUNCIL. NICE TO SEE YOU ALL. UM AS MR MORRIS SAID, MY NAME IS MINDY WATTS. I'M HERE WITH INTERFACE STUDIO WHERE THE PLANNING FIRM LEADING THE DOWNTOWN PLAN. UM SO MY PRESENTATION IS SHORT TONIGHT. IT'S REALLY INTENDED TO GIVE YOU ALL A TEASER FOR THE PUBLIC VISIONING EVENT THAT'S HAPPENING TOMORROW AT THE PETERSBURG AREA ART LEAGUE AND TO ENCOURAGE

[00:30:03]

PEOPLE IN THE AUDIENCE AND PEOPLE AT HOME TO KIND OF COME OUT AND HELP SHAPE THE FUTURE OF DOWNTOWN. NEXT SLIDE, PLEASE, THANKS. SO JUST AS A RECAP YOU ALL I THINK KNOW THIS BUT DOWNTOWN AS IT'S BEEN DEFINED FOR THE MASTER PLAN IS BOUNDED FROM THE RIVER DOWN TO WITH AND HALIFAX STREET AND FROM MARKET STREET OVER TO THE HIGHWAY. NEXT FIVE. AND IF PEOPLE ARE WONDERING, YOU KNOW, WHY SHOULD I COME OUT? WHAT IS THE PLAN? HOW WILL MY INFORMATION BE USED ? UM WE LIKE TO TALK ABOUT A PLANNING PROCESS HAS REALLY BALANCING. UM DATA AND RESEARCH THAT OUR OFFICE HAS BEEN COLLECTING AND ANALYZING WITH COMMUNITY INPUT, SO THE INSIGHTS THAT COME FROM THE PEOPLE WHO KNOW THIS PLACE THE BEST PEOPLE WHO LIVE IN DOWNTOWN OR WORKING DOWNTOWN WORSHIP PLAYING DOWNTOWN. AND WE'LL BE ASKING QUESTIONS OR INVITING FEEDBACK ON A WHOLE RANGE OF TOPICS THAT THE PLAN WILL GRAPPLE WITH HOUSING ECONOMIC DEVELOPMENT.

PARKS AND OPEN SPACE, PARKING AND TRANSPORTATION, ARTS AND CULTURE. ENTERTAINMENT.

DEVELOPMENT ZONING, UM, SERVICES AND PROGRAMS. REALLY. IT'S HOLISTIC PLAN, AND THE IDEA IS THAT WE'LL TAKE WHAT WE LEARNED FROM PEOPLE FROM THE LISTENING THAT WE'LL BE DOING TOMORROW AS WELL AS THE INFORMATION WE'VE COLLECTED FROM OUR DATA ANALYSIS , AND WE'LL USE THAT TO INFORM REALLY PLACE SPECIFIC STRATEGIES FOR THE NEXT 10 TO 15 YEARS FOR DOWNTOWN. NEXT SLIDE, PLEASE. SO WHEN THE PLAN IS DONE, THE IDEA IS THAT IT'S SORT OF PACKAGES AND I REALLY CLEAR ROADMAP FORMAT, UM AND IMPLEMENTED BLE ACTIONABLE, UM, PLAN FOR HELPING THE CITY FUNDRAISE FOR PROJECTS THAT MATTER IN DOWNTOWN, HELPING INFORM HOW THE CITY COULD SPEND ITS PUBLIC RESOURCES BEST, UM, KIND OF ALIGNING THE EFFORTS AND THE VISION AND VOICES OF DOWNTOWN ADVOCATES AND STAKEHOLDERS. HELPING TO STRENGTHEN PARTNERSHIPS AND REALLY PRIORITIZING. UM WHICH INVESTMENTS MATTER MOST, AND WE'LL HAVE THE MOST CATALYTIC IMPACT. NEXT SLIDE, PLEASE. SO WE'RE AT A REALLY EXCITING POINT IN THE PROCESS. IT'S WHAT WE KIND OF CALL THE PIVOT POINT TO.

TO DATE. WE'VE BEEN REALLY FOCUSING ON THE PAST AND THE PRESENT SORT OF WHAT WAS AND WHAT IT IS. AND AT THIS POINT, WE TURNED THE CORNER AND SAY, OKAY, UNDERSTANDING ALL OF THAT.

WHAT COULD BE WHAT'S THE FUTURE HOLD? AND UM, WE DO THAT BY REALLY OPENING THE PROJECT UP TO PUBLIC INPUT FROM THE WHOLE COMMUNITY. NEXT SLIDE, PLEASE. SO AS WE BEGIN, YOU KNOW I'M FROM PHILADELPHIA, AND WE HAVE A LOT OF LEARNING TO DO BEFORE WE'RE READY TO TALK TO PEOPLE ABOUT THE PLACE THAT THEY CALL HOME. SO WE START WITH SOME SMALLER CONVERSATIONS AND OVER THE PAST, I GUESS, UM, SIX MONTHS NOW WE'VE DONE A BUNCH OF ONE. ON ONE INTERVIEWS, THE CITY'S HELPED CONVENE AN ADVISORY COMMITTEE THAT'S FORMING, UH, SORT OF SERVING AS A SOUNDING BOARD FOR OUR PROCESS . AND SO WE'VE HAD TWO MEETINGS WHERE WE'VE BEEN SHARING OUT OUR ANALYSIS AND SORT OF SAYING, ARE WE GETTING IT RIGHT? ARE WE UNDERSTANDING YOUR DOWNTOWN? THERE'S BEEN A COUPLE WALKING TOURS FOR THE CONSULTANT TEAM AND SO PART OF OUR HOPE FOR TOMORROW EVENING IN THE PRESENTATION THAT, UM DIRECTOR MOORE MR MOORE MENTIONED, UM WILL REALLY BE OUR OPPORTUNITY TO SHARE OUT SOME OF THAT ANALYSIS AND WHAT WE'VE BEEN LEARNING. BUT THEN REALLY, THE MORE FUN PART OF THE EVENING IS FOR US TO LISTEN TO THE INSIGHTS AND INFORMATION THAT PEOPLE COME TO SHARE WITH US. NEXT SLIDE, PLEASE. SO WE WILL BE SET UP MOSTLY IN THE GROUND FLOOR OF THE PETERSBURG AREA ARTS LEAGUE FROM FOUR TILL EIGHT PM TOMORROW. UM AT SIX PM UPSTAIRS , THERE WILL BE A FORMAL PRESENTATION OF THE SLIDES, BUT FOR PEOPLE WHO COME EARLIER OR ARRIVE LATER, THE SLIDES WILL BE ANNOTATED SO PEOPLE CAN ALSO SIT AND WATCH A LOOPING PRESENTATION. IF THEY WANT TO SEE WHAT WE HAVE TO SHARE. THE UM KIND OF ENTICEMENT FOR PEOPLE WHO MIGHT LIKE TO COME OUT. WE UNDERSTAND THERE'S A NEW GELATO COUNTER AT MARIA'S. AND SO WE HAVE TICKETS FOR THE FIRST SORT OF 75 PEOPLE WHO COMPLETE THE ACTIVITIES YOU'LL BE ABLE TO GO DOWN THE STREET AND GET A FREE GELATO SCOOP OF YOUR CHOICE. I THINK SO, UM, AND THAT THE POWER WILL BE OPERATING A CASH BAR AS WELL. SO THERE WILL BE SOME BIT OF FOOD AND DRINK AND A BUNCH OF CONVERSATION. NEXT SLIDE, PLEASE. SO WE'LL HAVE SORT OF A SERIES OF STATIONS SET UP IN THE GROUND FLOOR WITH DIFFERENT, UM , QUESTIONS THAT WILL BE ASKING , AND PEOPLE DON'T HAVE TO DO ALL OF THEM. WE ENCOURAGE PEOPLE TO WEIGH IN A AND PARTICIPATE IN AS MANY AS THEY LIKE, UM, NEXT SLIDE. I'M JUST GOING TO SORT OF PREVIEW THE TYPES OF QUESTIONS SO PEOPLE CAN START THINKING ABOUT IT, AND, BUT THAT'S NOT REQUIRED. ALL THAT'S REQUIRED IS SHOWING UP. SO AS I MENTIONED THIS IS A VISIONING PRESENT ARAB EVENT. WE'RE TRYING TO UNDERSTAND SORT OF WHAT IS THE COLLECTIVE IDEA ABOUT WHERE WE SHOULD BE HEADING IN DOWNTOWN? AND SO WE HAVE A REAL SIMPLE, WARM UP ACTIVITY THAT WE CALL TODAY. TOMORROW AND IT JUST ASK PEOPLE SORT OF ONE WORD OR PHRASE. HOW WOULD YOU DESCRIBE DOWNTOWN TODAY AND ONE WORD OR PHRASE? WHAT WOULD YOU LIKE TO SEE TOMORROW? WHAT'S THE WORD YOU WANT TO BE USING TO DESCRIBE DOWNTOWN AND WE'LL GET SORT OF A WORD CLOUD A WHOLE BUNCH OF, UM, UH, INPUTS AND WE USE THOSE TO

[00:35:05]

STITCH TOGETHER AN ACTUAL VISION STATEMENT FOR THE DOWNTOWN THAT SAYS, YOU KNOW, THIS IS WHAT THE PEOPLE WHO REALLY CARE ABOUT DOWNTOWN WANT TO SEE, AND SO IT'LL BE GROUNDED IN THE VOICE AND THE VALUES OF THE PEOPLE WHO WHO SHOW UP TOMORROW. NEXT SLIDE. WILL HAVE A REALLY BIG MAP AND A SERIES OF STICKERS AND WE'LL ASK PEOPLE TO SORT OF PUT A PLACE OR A STICK AROUND THE MAP WHERE THEY HAVE A PLACE SPECIFIC IDEA OR AN INSIGHT SOMETHING THEY WANT US TO KNOW ABOUT A PARTICULAR INTERSECTION OR PARTICULAR BUILDING, AND THEN THEY CAN WRITE THEIR THOUGHT TO US AND WE'LL BE ABLE TO MATCH THE NUMBERS AND UNDERSTAND. OKAY, WE NEED TO PAY ATTENTION TO THIS PLACE. OR THIS PLACE, AND HERE'S WHY, UM, THERE'S ALSO SOME LITTLE HEART STICKERS.

THAT'S MORE SIMPLE. WE JUST INVITE PEOPLE TO SHOW US THE PLACE. THEY REALLY LOVE AND DOWNTOWN. AND SO FOR PEOPLE WHO DON'T WANT TO WRITE US A NOTE, THEY CAN JUST PUT A HEART STICKER ON THE MAP AS WELL. NEXT SLIDE. SO YOU KNOW, THIS IS AN EXAMPLE FROM A PRIOR PLANNING EFFORT, BUT THE IDEA IS THAT WILL COLLECT A WHOLE BUNCH OF IDEAS. UM AND WE'LL TAKE THOSE BACK AND WE'LL EVALUATE THOSE AND MOSTLY, WHERE ARE THE OVERLAPS? AND WHAT ARE THE COMMON THEMES AND THEN? REALLY IT'S OUR JOB TO BLEND KIND OF WHAT WE KNOW ABOUT HOW CITIES WORK WITH WHAT WE KNOW PEOPLE WANT TO SEE IN THE DOWNTOWN AND TO BE ABLE TO CRAFT THOSE IDEAS INTO RECOMMENDATIONS. NEXT SLIDE. UM ANOTHER FUN EXHIBIT THAT WILL HAVE OUR ACTIVITY IS WHAT WE CALL OUR BIG SPEECH BUBBLE. UM WE INVITE PEOPLE IF YOU DON'T DOESN'T HAVE TO BE A PLACE SPECIFIC IDEA, BUT IF YOU JUST HAVE A BIG IDEA, SOMETHING YOU REALLY CARE ABOUT WOULD LOVE TO SEE DOWNTOWN. WE INVITE YOU TO WRITE THAT ON THE CHALKBOARD AND POSE WITH THE SPEECH BUBBLE.

AND SO WE'LL HAVE SOME REAL FUN PHOTOS THAT COME FROM THIS STATION. NEXT SLIDE. AND THEN LASTLY, UM, THERE'S A COUPLE BOARDS WHERE WE'LL BE ASKING, YOU KNOW, WE UNDERSTAND THAT DOWNTOWN SHOULD SERVE EVERYBODY . IT SHOULD. EVERYONE SHOULD FEEL WELCOME THERE. IT SHOULD BE A DESTINATION THAT DRIVES PEOPLE FROM WITHIN PETERSBURG FROM NEARBY PLACES FROM FARTHER A FIELD AND SO, UM, BUT THAT'S NOT ALWAYS THE CASE. NOT EVERYBODY FEELS WELCOME AND THAT THERE'S SOMETHING FOR THEM IN THE DOWNTOWN AND SO WE'LL HAVE A COUPLE QUESTIONS ABOUT. WHAT TYPES OF PROGRAMS OR SERVICES WOULD HELP DRAW MORE PEOPLE DOWNTOWN WOULD MAKE SURE THAT DOWNTOWN FEELS LIKE IT REALLY IS EVERYBODY'S BACKYARD. UM AND THEN THERE'S A MORE DETAILED FOR PEOPLE WHO DON'T MIND A BIT OF PAPERWORK OR WORK ON THE PHONE WITH AN APP AS IT WERE, UM, THERE IS A DOWNTOWN SURVEY AND, UM SO THAT WILL BE THAT WILL REMAIN OPEN EVEN AFTER THE OPEN HOUSE IS OVER. TOMORROW EVENING . THIS SURVEY WILL BE UP FOR PEOPLE WHO CAN'T ATTEND. NEXT SLIDE, PLEASE. SO YEAH, TOMORROW WE HOPE TO SEE YOU, UM ANYTIME BETWEEN FOUR AND EIGHT. WITH THAT FORMAL PRESENTATION, IF YOU'D LIKE TO HEAR, UM AT SIX PM AT SEVEN. EAST OLD ST PETERSBURG AREA ARTS LEAGUE AND, UM I HOPE TO SEE YOU ALL AND YOUR CONSTITUENTS AND NEIGHBORS. UM, UM, TOMORROW EVENING, AND I THINK THAT'S IT. OKAY THANK YOU SO MUCH. MANDY WE LOOK FORWARD TO TOMORROW IN, UM DO WE HAVE THESE SOME FIRES HERE THAT WE CAN GIVE OUT TOO? OKAY THEY ON THE BACK, TABLE BACK, EVERYONE THEY SEE YOU TONIGHT. PLEASE GRAB ONE AND EVERYONE WHO'S JOINING US TONIGHT. MAKE SURE YOU COME IN. TAKE PART OF THIS ADVANTAGE IS REALLY, REALLY IMPORTANT THAT WE GET AS MUCH INPUT FROM THE CITIZENS HERE IN PETERSBURG, AND THIS IS A HUGE, HUGE UNDERTAKING, WHICH IS THIS DOWNTOWN PLAN? AND PLEASE TELL YOUR NEIGHBORS BRING A NEIGHBOR . BRING A FRIEND, UM, BRING BRING YOUR KIDS TO GET THEIR PERSPECTIVE OF WHAT I DOWNTOWN SHOULD LOOK LIKE ANY QUESTIONS? FROM MEMBERS OF COUNCIL FROM INDY. WELL, SHE'S HERE. IF NOT WE'LL SEE YOU TOMORROW. MANDY. THANK YOU SO MUCH. THANK YOU. OKAY. NEXT WE GO TO ITEM RAP APPLAUSE, PLEASE. FOR MANY, PLEASE WHILE THEY WORK. NEXT WE GO TO MONTHLY REPORTS. THERE ARE

[9. Finance and Budget Report]

NO ITEMS RIGHT NOW. AND NEXT IS FINANCE AND BUDGET REPORT. WE HAVE A FINANCIAL POLICY UPDATE OUR GOOD FRIENDS I HEAR FROM DAVENPORT'S GOOD EVENING. GOOD EVENING, MAYOR. IT'S GOOD TO BE HERE. UM ROLAND COACH. MY PARTNER OF SOME 30 YEARS IS HERE AND HE'LL SPEND A LITTLE MORE TIME THAN I WILL. BUT LET ME JUST START BY SAYING WE'RE HERE TONIGHT JUST TO BEGIN THE DIALOGUE AS IT RELATES TO THE FINANCIAL POLICIES. SO THERE IS NOTHING OR ASKING YOU TO DECIDE ON, UM RATHER AGAIN TO HOPEFULLY AS BUSY AS YOU ARE TAKE THE NEXT TWO WEEKS BEFORE THE NEXT COUNCIL MEETING. LOOK AT ALL THIS AND EVEN PRIOR TO THAT, IF THERE'S SOME THINGS THAT GIVE YOU SOME PAUSE, OR YOU'D LIKE TO GET SOME CLARIFICATION, PLEASE SPEAK TO MR ALTMAN AND THEN HE CAN COME BACK THROUGH US. AND WE CAN BE PREPARED TO ANSWER THAT EITHER AT THE 20TH IF WE'LL BE

[00:40:01]

BACK OR POSSIBLY GET YOU INFORMATION PRIOR TO THAT, SO THAT'S OUR THINKING. UM HAVING SAID THAT I DON'T KNOW WHERE THE TIME GOES, BUT FEBRUARY 7TH ROLLING AN HOUR HERE ADDRESSING THIS BODY, YOU MAY RECALL AS MANY PRESENTATIONS AS YOU GET. WE GAVE YOU A GENERAL FINANCIAL , UH, OVERVIEW. GENERAL FUND FINANCIAL REVIEW TO BE SPECIFIC , AND AT THAT TIME WE SAID THAT IDEALLY, WE'D LIKE TO COME BACK SIMULTANEOUS WITH THE BUDGET AND TO GIVE YOU SOME RECOMMENDED FINANCIAL POLICIES. RATIONALE FOR THAT GO INTO SOME MORE DEPTH. UM SINCE THAT TIME, YOU MAY RECALL BACK THIS APRIL, LITERALLY JUST ABOUT SIX WEEKS AGO. UM THE CITY WAS FURTHER UPGRADED BY ONE OF THE NATIONAL RATING AGENCIES. SO THAT HAPPENED TO US WHEN THEY DID SOME OF THEIR REVIEW EVEN PRIOR TO HAVING AH, THE AUDIT THAT YOU RECEIVED THIS THIS AFTERNOON FROM YOUR AUDITORS, SO WE KNOW WE'RE MOVING IN THE RIGHT DIRECTION. AT THE SAME TIME.

THIS WILL BE THE FIFTH OR SIXTH UPGRADE THAT THE CITY HAS HAD SINCE IT HIT THE BOTTOM. IF YOU WOULD SEVERAL YEARS AGO, AND WE PRESENTED SOME OF THAT IN FEBRUARY. BUT JUST TO JUST TO REMIND YOU, THE ABSOLUTE BOTTOM CAME AND 2016. WE WERE BELOW INVESTMENT GRADE BY STANDARD AND POOR'S. WE HAVE SINCE HAD FIVE. FORTUNATELY FOR UPGRADES SINCE THAT TIME WHICH I CAN TELL YOU IS REALLY QUITE REMARKABLE. THEY LIKE TO GIVE AN UPGRADE EVERY COUPLE OF YEARS OR DOWNGRADE.

THEY MADE YOU A LOT FASTER, BUT THEY DON'T LIKE TO DO SOMETHING TO QUICKLY BUT LITERALLY IN THOSE FIVE YEARS, THEY'VE MOVED UP FOUR TIMES, SO WE'RE GOING TO CONTINUE THAT TRAJECTORY. SO WE ARE WITH CALLED A PLUS WHERE THE TOP OF THE A CATEGORY OUR GOAL WILL BE TO GET TO THE DOUBLE A CATEGORY OVER THE NEXT SEVERAL YEARS AND THEN ULTIMATELY ASPIRATIONAL EBY, TRIPLE A, WHICH IS THE HIGHEST YOU CAN POSSIBLY BE. MOODY'S WAS THE OTHER AGENCY. WE CALL THEM AGENCIES UPGRADED YOU BACK IN APRIL. AS I SAID OR INITIAL RATING WAS IN 2021. THEY WERE WHAT'S CALLED IN A TWO THEY MOVED TO AN A ONE. THAT'S BASICALLY AGAIN THE HIGHEST OF THAT SAME CATEGORY, SO THEY'RE THEY'RE SORT OF NOMENCLATURE IS A LITTLE DIFFERENT, BUT LET'S PUT IT THIS WAY. YOU'RE BUTTING RIGHT UP AGAINST THAT DOUBLE A CATEGORY WHICH WOULD BE HIGHER THAN YOU'VE BEEN IN A COUPLE OF DECADES. SO AGAIN, WE'RE MOVING IN THE RIGHT DIRECTION. SO WITH THAT SAID I COULD JUST WALK. WE'RE GOING TO ONLY HIGHLIGHT A FEW PAGES HERE, MAYOR BECAUSE IT IS A FAIRLY LENGTHY DOCUMENT. THERE'S A LOT TO IT, BUT AGAIN FROM AN INTRODUCTION NOT TO TAKE FOR GRANTED THE FOLKS THAT ARE PERHAPS WATCHING THIS AND THOSE THAT ARE RIGHT BEHIND ME. WE ARE AGAIN YOUR INDEPENDENT FINANCIAL ADVISERS. WE'RE NOT HERE TO SELL YOU ANYTHING WHERE YOUR FIDUCIARY OUR ROLE IS TO TRY TO MAKE SURE THAT YOU UNDERSTAND CONCERNS THAT WE HAVE YOU UNDERSTAND POSITIVE MOVEMENTS THAT YOU HAVE AND TO TRY TO CONTINUE TO MOVE IN THAT DIRECTION. SO WHAT WE DID ON THAT SECOND BULLET IS WE HAVE WORK WITH SOME OF YOUR POLICIES . WE'VE MADE SOME VERY BOLD RECOMMENDATIONS WORKING WITH YOUR STAFF. UH AND AGAIN, ALL OF THOSE ARE CONSISTENT WHAT WE CALL BEST PRACTICES, INDUSTRY STANDARDS. UM, THE GOOD NEWS IS THOSE POLICIES THAT YOU DID CREATE SUBSEQUENT TO 2016. YOU'VE MET OR EXCEEDED ALL OF THEM. NOW WE'RE TALKING ABOUT ADDING SOME MORE AND ADDING EVEN SOME MORE HIGHER BAR IF YOU WOULD TO SOME OF THOSE POLICIES AND AGAIN, ROLAND JUST GONNA TOUCH ON A FEW OF THOSE, UM, A COUPLE OF IMPORTANT THINGS, AND I WILL STEAL HIS THUNDER FOR A MOMENT. BUT I WILL TELL YOU ONE OF THE RECOMMENDATIONS WE ARE GOING TO MAKE AND HAVE MADE IS TO CREATE A FINANCE COMMITTEE AND YOU'LL SEE THE CONSTITUTION OF THE FINANCE COMMITTEE. WE THINK THAT WILL FURTHER ENSURE TRANSPARENCY EARLY WARNING SIGNS AS IT RELATES TO YOUR OVERALL FINANCES AND WHERE WE'RE GOING.

UM. GOALS AND OBJECTIVES. I THINK AGAIN. I JUST TOUCHED ON THAT. SO AGAIN. THE BEST PRACTICES IS REALLY WHAT WE'RE DOING A LOT OF EMPHASIS ON SO THIS POLICY GUIDELINE. UM THERE ARE SEVERAL SECTIONS FIVE TO BE SPECIFIC. UH YOU CAN SEE THEIR OBJECTIVES. BUDGET THE CAPITAL

[00:45:07]

IMPROVEMENTS, DEBT AND RESERVES . SO AGAIN THINK OF THIS AS PUT IN THOSE VARIOUS AREAS AND AGAIN , YOU'LL BE ABLE TO SEE ALL OF THIS OVER THE COURSE OF THE NEXT WEEK OR TWO. WHAT WE DID AS WELL IS TO TRY TO DO SOME PURE COMPARATIVES. YOU'VE SEEN SOME OF THAT FROM US. WE DID THE GENERAL FUND. BUT ANSWER REVIEW . WE'VE HAD A LITTLE MORE CONTEXT TO THIS. BASICALLY COMPARING YOU TO HIGHER RATED LOCAL GOVERNMENTS, WHICH IS CALLED DOUBLE A AS I MENTIONED AS WELL AS A RATED FOLKS THAT ARE SIMILAR TO YOU IN THAT CATEGORY. SO UM, FINANCIAL POLICY OBJECTIVES. I'LL JUST TOUCH UPON THAT FOR A MOMENT AND YOU CAN SEE HERE ON THE RIGHT HAND SIDE IN THE APPENDIX IS THAT FULL DOCUMENTATION. WE JUST WANTED EVERYBODY TO SEE. WE'RE JUST SHOWING WHAT IT LOOKS LIKE THERE. WE DON'T EXPECT YOU TO BE READING THAT FAR RIGHT HAND SIDE AS WE'RE DOING THIS, BUT AGAIN, YOU'LL BE ABLE TO SEE THAT IF YOU'RE ABLE TO LOOK AT THIS, UM AGAIN, WE HAVE AMENDED POLICIES LITERALLY JUST LAST YEAR. THAT'S HOW FAST I THINK PROGRESS IS MOVING IN PETERSBURG THAT WE'RE NOT WAITING TYPICALLY WILL AMEND POLICIES EVERY THREE OR FOUR YEARS IN SOME CASES, MAYBE A LITTLE LONGER, BUT FOR YOU BECAUSE SO MANY THINGS ARE HAPPENING AND TO THE POSITIVE WE'RE GETTING THOSE POLICIES UPDATED ON A MUCH MORE FREQUENT BASIS. UM WE CHECKED THEM EVERY YEAR. I WOULD NOT EXPECT FOR SAY THAT WE WOULD DEMAND A POLICY A YEAR FROM NOW, BUT IT'S CERTAINLY POSSIBLE AGAIN. IT'S POSSIBLE. SO WITH THAT, I'M GOING TO TURN IT OVER TO ROLL IN AGAIN BEFORE I DO THAT. ANY QUESTIONS? MAYBE THAT YOU ALL HAVE OKAY, ONE LAST THING I SHOULD SAY, I SAID I WAS GOING TO TURN IT OVER. AND I WILL. YOU MAY RECALL WHEN WE TALK TO YOU. WE ARE PREPARING FOR MEETINGS WITH THE RATING AGENCIES. UH, NEXT MONTH. HAVING THESE POLICIES APPROVED, WE THINK IS A GREAT LAUNCHING POINT IF YOU WOULD TO TALK TO THOSE RATING AGENCIES. OUR HOPE IS TO HAVE THIS APPROVED AT THE NEXT MEETING. IF WE FIND THAT YOU'RE COMFORTABLE ENOUGH, AND THAT WOULD BE OUR GOAL, WHICH IS WHY I SAY IF THERE'S SOME THINGS THAT YOU'RE NOT CERTAIN ABOUT. WE CAN CERTAINLY ANSWER THEM THEN. BUT WE CAN EVEN DO THAT EARLIER. UH AND AGAIN, WE'D ASK. JUST GO THROUGH. MR ALTMAN IS AS OUR POLICY I'VE TAKEN AS MUCH TIME AS I SHOULD. ROLLING THE PRICE SPEND JUST ABOUT THAT MUCH TIME ON THESE OTHER PIECES JUST TO GIVE YOU A SENSE OF WHAT WE'VE GOT. SO THANK YOU AND HOPE YOU'LL HAVE US BACK AND A COUPLE OF WEEKS. HOLD. THANK YOU, DAVID. UM. MM MAYOR AND VICE MAYOR AND MEMBERS OF COUNCIL. UM GLAD TO BE HERE IN FRONT OF YOU TODAY ARE PLEASED TO BE HERE IN FRONT OF YOU TODAY TO BE ABLE TO WALK THROUGH THIS OVERVIEW OF THE AMENDED RECOMMENDED POLICY ENHANCEMENTS YOU HAVE, AS DAVID SAID THE DETAILED POLICIES IN THE BACKGROUND IN THE BACK OF THIS, UH AS AN APPENDIX SO YOU CAN REVIEW OVER THE NEXT A COUPLE OF WEEKS AS WE THINK ABOUT IT, BE GLAD TO TAKE YOUR QUESTIONS, FIELDED THROUGH STAFF AND LOOK FORWARD TO COMING BACK TO YOU AT THE JUNE 20TH MEETING IN RESPONSE TO THAT IN LOOKING AT THESE POLICIES IN MORE DEPTH.

UM BUT TODAY THE PURPOSE IS REALLY TO GIVE, YOU KNOW, REVIEW AND I'LL START WITH THE BUDGET DEVELOPMENT POLICIES IN THE SECTION HERE. UH, THIS SECTION ALREADY EXISTED IN THE PREVIOUS POLICIES. IT REALLY FOCUSED ON BEST PRACTICES AND DIVERSIFICATION OF REVENUE SOURCES REALLY FUNDING STRETCH STRUCTURALLY BALANCED BUDGETS AND VERY IMPORTANT CONCEPT, AND I THINK MAYOR AND COUNCIL IS VERY WELL ATTUNED TO HAS BEEN SINCE THE RECOVERY AND THE SIGNIFICANT RECOVERY SINCE THE DARK DAYS OF THE FINANCIAL CRISIS OF THE CITY. WE HAVE PROPOSED SOME RECOMMENDED ENHANCEMENTS. AS DAVID, MY COLLEAGUE SAID, UM, RECOMMENDED ENHANCEMENTS WITH RESPECT TO THE BUDGETARY FLEXIBILITY AND JUST KIND OF DATE OPERATING ON A MONTH TO MONTH BASIS AND WITHIN FISCAL YEARS AND FROM FISCAL YEAR TWO FISCAL YEAR. THOSE AMEND THOSE PROPOSALS ARE IN THE BACK, AND YOU CAN LOOK AT THOSE AND KIND OF THE DETAILS. THEY HAVE TO DO WITH ENCUMBRANCE ROLL FORWARDS TRANSFERS WITHIN FUNDS AND TRANSFERS BETWEEN FUNDS AND METRIC AND SPECIFICS THERE SO IT WON'T GET INTO THE DETAILS OF EACH ONE OF THOSE. BUT THE OTHER IMPORTANT ASPECT OF THIS REALLY WHAT WE THINK IS MORE BOLDER. LOOK AT THIS AND ESSENTIAL LOOK, IS THE ESTABLISHMENT OF A FINANCIAL COMMITTEE. THEY WILL MEET MONTHLY TO REVIEW THE FINANCIAL AFFAIRS OF THE CITY. WE THINK THAT'S IN KEEPING WITH THE GOODS, PHYSICAL PRACTICES,

[00:50:02]

THE CITY REALLY HAS GROWN INTO, AND IT'S JUST TAKING THAT NEXT STEP FORWARD IN TERMS OF KEEPING ON TOP OF FINANCES FROM A MONTH TO MONTH BASIS, LOOKING AT THE TOPICS AND THAT'S IN THE DETAIL IN THE BACK. THE THINGS OF FINANCE COMMITTEE WOULD WOULD GO OVER AND YOU CAN SEE THE COMPOSITION OF THE RECOMMENDED COMPOSITION OF THE FINANCE COMMITTEE. IN TERMS OF THE SIX MEMBERS YOU SEE THERE. SECTION THREE OF THE FINANCIAL POLICIES, CAPITAL IMPROVEMENT POLICIES. UM AGAIN, THIS SECTION WAS AN EXISTING SECTION THE DOCUMENT, BUT WE RECOMMEND, UH, PUTTING INTO FOR THE FINANCIAL POLICIES AND CODIFYING THAT, FROM A POLICY STANDPOINT IS CLARIFYING THAT ONE. WE HAVE A CAPITAL IMPROVEMENT BUDGET. WITH RESPECT TO THE OPERATING BUDGET. IT'S APPROVED AND ADOPTED EACH FISCAL YEAR BUT ALSO REALLY BRINGING INTO A 45 YEAR CAPITAL IMPROVEMENT PLAN. SO, IN ADDITION TO THAT, THAT FIRST YEAR OF ADOPTED CAPITAL IMPROVEMENT BUDGET WOULD ALSO RECOMMEND HAVING A FULLY DEVELOPED FOUR YEARS OF THE ADDITIONAL PLANNING YEARS OF THAT FIVE YEAR LOOK, AND THEN ALSO MADE ENSURING THAT THAT CAPITAL IMPROVEMENT PLAN THE FIVE YEAR PLAN IS UPDATED AND ROUTINELY UPDATED WITH EACH ADOPTION ADOPTED BUDGET. IT'S PHYSICAL YEAR, SO YOU ALWAYS HAVE A ROLLING FIVE YEAR CAPITAL IMPROVEMENT PLAN. THAT'S A KEY KEY ADDITION. THERE WE THINK IS GOOD AND SOUND OF FOR WELL MANAGED GOVERNMENTS. WITH RESPECT TO DEBT POLICIES LOOKING AT THIS SECTION THE CITY ALREADY HAD THAT POLICIES IN PLACE. WE'RE LOOKING AT SOME ENHANCEMENTS HERE WITH RESPECT TO THE ACTUAL DEBT POLICIES. BUT IF YOU SEE THERE THE THREE KEY DEBT POLICIES IN TERMS OF KEY FINANCIAL RATIOS AND METRICS AT THE BOTTOM LEFT HAND CORNER OF YOUR SLIDE THE 10 YEAR PAYOUT RATIO. THAT IS HOW MUCH DEBT YOU'RE GOING TO BE REPAYING IN 10 YEARS. WE RECOMMENDING, AND THAT MAINTAINING THAT AT NO LESS THAN 50. YOU HAVE ANOTHER COUPLE OF METRICS AS WELL. ONE IS DEBT OUTSTANDING DEBT AS A PERCENTAGE OF THE CYST VALUE. THE CURRENT POLICY IS NOT TO EXCEED 4.5% WE'LL TALK ABOUT THAT AS WELL. AND 3RD 3RD POLICY IS DEBT SERVICE AS A PERCENTAGE OF EXPENDITURES. THIS IS WHAT WE CALL THE CREDIT CARD CONCEPT OR WHAT IS YOUR PAYMENT WITH RESPECT TO THE DEBT? WHAT IS YOUR PAYMENT AS A PERCENTAGE OF YOUR TOTAL BUDGET, AND THAT'S A 10% LEVEL THERE. THAT'S WELL WITHIN BEST PRACTICES THAT'S CONSIDERED THE STANDARD BENCHMARK FOR BEST PRACTICES AS WELL. AND WE'LL LOOK AT THOSE DETAILS ON THE NEXT FEW SLIDES.

UH TO GIVE YOU A BACKGROUND WITH RESPECT TO THE DEBT THAT YOU HAVE HERE. THIS IS THE TAX SUPPORTED DEBT. THIS DOES NOT INCLUDE ANY OF THE UTILITIES SUPPORTED DEBT THAT'S PAID FROM REVENUES, RATES AND CHARGES. THIS IS ALL GENERAL TAX SUPPORTED DEBT. THERE'S ABOUT 41 MILLION OF THAT OUTSTANDING AND AS OF 2023, THE PROXIMATE DEBT SERVICE FOR THAT, INCLUDING THE TRANSFER TO THE GULF FRONT WAS ABOUT 33.5 MILLION. UM ONE THING I'D LIKE TO POINT OUT FOR EVERYBODY'S PERSPECTIVE. WE ALL KNOW AND WE DO REMEMBER THE FINANCIAL FINANCIAL CRISIS, THE CITY WENT THROUGH DEBT ELECTRO REMIND DEBT WAS NOT BECAUSE OF THAT DEBT. IN FACT, WHEN YOU LOOK AT THE CITY'S DEBT BURDEN ON THE NEXT FEW SLIDES, THE CITY'S DEBT BURDEN IS RELATIVELY LOW AND VERY AND VERY STRONG. IN THIS RESPECT RIGHT NOW, VERY STRONG. I MEAN, THERE'S NOT OVER BURDEN OF DEBT WITH RESPECT TO THE CITY OF PETERSBURG. UM WITH RESPECT TO THE KEY DEBT RATIO OF 10 YEAR PAYOUT YOU CAN SEE RIGHT NOW LOOKING AT THE POUND RATIO WE ARE LOOKING TO AND MOVING TOWARDS THAT 50% AND OVER THE NEXT COUPLE OF FISCAL YEARS WILL BE AT THAT 50% BENCHMARK AND EXCEEDING THAT AND MOVING FORWARD AS DEBT IS PAID OFF, SO YOU CAN SEE HOW THE CITY RELATES TO WITH RESPECT TO THIS POLICY. ON THE NEXT SLIDE AGAIN. THIS IS A KEY BENCHMARK. HERE WE THINK PROBABLY MORE IMPORTANT THAN THE PAYOUT RATIO THIS DEBT AS A PERCENTAGE OF THE ASSESSED VALUE. THIS REALLY IS A MEASUREMENT OF THE DEBT AS A BURDEN ON THE TAX BASE. AND YOU CAN SEE HERE THAT YOUR POLICY BENCHMARK IS 4.5% RIGHT NOW WE'RE AT BELOW 2% AND YOU CAN SEE AS WE GO FORWARD IN TIME. THAT IS GOING TO CONTINUE TO DECLINE. LOOKING AT IT FROM THE PERSPECTIVE OF PEERS OF MY COLLEAGUE DAVID DID TALK A LITTLE BIT ABOUT THE PIER. YOU KNOW THE PIER, UH, DATABASE AND THE PURE METRICS THAT WE'RE LOOKING AT HERE AGAIN, IN COMPARISON TO THE DOUBLE A CITIES AS WELL AS THE VIRGINIA DOUBLE A MEDIAN AND A RATED CITIES AND THE RATED MEDIAN. YOU COULD SEE PETERSBURG AS THE ORANGE BAR. AGAIN BELOW 2. THE

[00:55:06]

POLICY BENCHMARK IS AT 4.5% BUT YOU CAN SEE WE'RE WELL BELOW THE DOUBLE A MEDIANS AND THE DOUBLE A CITIES THERE IN IN IN TERMS OF THE AGGREGATE, AND WHEN YOU LOOK AT THE RATED COLLEAGUES THERE, IN TERMS OF SISTER CITIES WERE WELL BELOW THE A RATED BENCHMARK. THERE. DAYS METRICS.

LOOKING AT DEBT SERVICE AS A PERCENTAGE OF EXPENDITURES. THIS IS AGAIN ONE OF YOUR POLICIES HERE WITH THAT 10% THRESHOLD. THIS AS YOU CAN SEE THE TOTAL TAX SUPPORTED DEBT SERVICE AS A PERCENTAGE OF YOUR EXPENDITURES IS WELL BELOW 4% IT'S ACTUALLY A LITTLE BIT ALMOST AT THE 3% LEVEL. AND AS I'VE SAID THIS, THIS SUBSTANTIATE THE FACT THAT THE CITY DOES NOT HAVE AN OVER LEVERAGED POSITION AND REALLY DOESN'T HAVE HIGH DEBT BURDEN. AGAIN IT COMPARATIVE METRIC HERE LOOKING AT THE RATIO AND YOU CAN SEE THAT THE CITY OF PETERSBURG COMPARES VERY WELL. FROM PERSPECTIVE AND IS STILL WELL BELOW ITS POLICY TARGETS. AND LOOKING AT WHERE IT DOES LAND IN TERMS OF THE RATING CONSIDERATIONS. RIGHT NOW, PETERSBURG IS IN THE VERY STRONG CATEGORY HERE FROM PERSPECTIVE OF S AND P. UM WE ALSO HAVE ADDED A NEW METRIC TO BE CONSIDERED HERE. THIS IS WHAT WE CALL A FIXED COST RATIO AS CREDIT RATING AGENCIES EVOLVE OVER TIME AND LOOKING AT FINANCIAL METRICS. THIS TAKES INTO ACCOUNT DEBT SERVICE AS WELL AS CONTRIBUTIONS TO PENSIONS AND OPEN. ABSO WHAT? WE'RE CALLING THE FIXED COSTS OF THE CITY. THAT THE CITY REALLY WOULD HAVE TO CONTRIBUTE AND LOOKS TO CONTRIBUTE TO EVERY YEAR AS A PERCENTAGE OF THE BUDGET. AND IF YOU LOOK AT THE HISTORICAL FIXED COST RATIO WHEN YOU COMBINE DEBT AND PENSION CONTRIBUTIONS AS A PERCENTAGE OF THE BUDGET. WE'RE IN ABOUT THE 10% RANGE. WHEN WE LOOK AT THAT FROM THAT PERSPECTIVE. UM ON THE NEXT PAGE WHEN WE COMPARE THAT RANGE THAT THAT 10% METRIC VERSUS YOUR PEERS IN TERMS OF THE RATED CATEGORY, AS WELL AS THE DOUBLE AID, ASPIRATIONAL CATEGORY THAT WE'RE LOOKING TOWARDS, YOU COULD SEE THAT PETERSBURG IS WELL BELOW THAT 15 TO 17.5% TART RECOMMENDED RANGE FOR THE TARGET. THIS POLICY AND WELL WELL BELOW THE NOT ONLY THE DOUBLE A'S BUT ALSO THE RATED PEERS. IN THIS GREAT AGAIN. THIS IS A COMBINATION OF WHAT WE CALL TOTAL LIABILITIES, DEBT AND PENSIONS. SECTION FIVE RESERVE POLICIES THE CITY OF PETERSBURG HAS HAD AND BUILT UP ITS RESERVE POLICIES OVER TIME AS IT EMERGED FROM THE FINANCIAL CRISIS. THE CITY ADOPTED MORE STRINGENT AND MORE, UH HIGHER LEVELS OF FINANCIAL RESERVE POLICIES THAT ARE IN KEEPING WITH THE RATING CATEGORY THAT IT'S IN AND REALLY IN KEEPING WITH ASPIRING TO EVEN STRONGER RATING CATEGORIES AS WELL. UM THE EXISTING POLICY IS AN APPROXIMATELY 60 DAYS OF UNASSIGNED FUND BALANCE THAT IS 60 DAYS AS MEASURED AGAINST THE OPERATING EXPENDITURES. THAT GENERAL FUND THE CITY HAS CONTINUED TO STRENGTHEN THESE OVER THE PAST SEVERAL YEARS AS ITS FINANCES HAVE IMPROVED. AGAIN REMINDER AS TO WHY THE SUN ASSIGNED FUND BALANCE MANNERS FULLY. WE'VE TALKED ABOUT THAT IN OUR FINANCIAL REVIEW PREVIOUSLY IN FEBRUARY, BUT REALLY UNASSIGNED FUND BALANCE AT THE CORE OF IT ALLOWS THE CITY TO AVOID COSTLY TAX ANTICIPATION, NOTES SOMETHING THAT IS REALLY ELIMINATED FROM ITS PRACTICE, WHICH IS WHICH IS A VERY GOOD VERY GOOD RECOVERY AND REFLECTS THE RECOVERY THERE . UH IT'S ONE OF THIS IS PERHAPS THE SINGLE MOST IMPORTANT FACTOR FOR CREDIT RATINGS. SO AS THE CREDIT RATINGS ARE LOOKING TO IMPROVE, AND IS THE RAINY INCHES LOOK AT YOU FROM THE PERSPECTIVE OF HOLISTIC FINANCES, FUND BALANCE IS PROBABLY THE SINGLE MOST IMPORTANT FACTOR THERE.

WITH RESPECT TO FINANCIAL METRICS. IT ENABLES THE CITY THEN ALL OF THAT COMES INTO HIGHER CREDIT RATINGS AND THUS ENABLING THE CITY TO BORROW FOR CAPITAL WHEN IT NEEDS TO AT THE MOST ADVANTAGED RATES THAT IT COULD AS TANE WITH ITS CREDIT RATINGS, THE HIGHER THE RATINGS , THE BETTER THE COST OF FUNDS AND ALSO IN TODAY'S ECONOMY. FUND BALANCE PROVIDES FOR EARNINGS. ON YOUR PHONE, SO YOU GET THAT INTEREST INCOME THAT'S AVAILABLE AND REALLY ENHANCES THE REVENUES TO THE GENERAL FUND. HISTORICAL LOOKING ARNASON FUND BALANCE AND YOU COULD SEE THAT AND WE WENT BACK TO 2011. AND YOU COULD SEE THAT THE FINANCIAL CRISIS THE PEAK IN 2016 WAS A NEGATIVE THAT WAS REALLY THE MOST IDEAL SITUATION THERE FOR THE CITY OF PETERSBURG BUT REALLY REBOUNDED BEGINNING IN 17 PRETTY MUCH UH, ELIMINATED THE NEGATIVE THERE GOT TO BREAK

[01:00:04]

EVEN BY 2018 THAN GOING INTO 19 , AND THEREAFTER YOU COULD SEE THE INCREASE IN FUND BALANCE AS THE CITY REALLY MOVED TOWARDS STRUCTURAL BALANCE AND LOOKING AT ENHANCING ITS FUND BALANCE POLICIES TO REALLY PUT ITS CREDIT STANDING IN GOOD IN GOOD SHAPE. LOOKING AT THE UNASSIGNED FUND BALANCE. PURE COMPARISON IN. THIS LAYS THE GROUNDWORK FOR OUR RECOMMENDED POLICY. YOU COULD SEE THAT, AS OF 2022, THE CITY IS IN THE STRONGEST SHAPE IT'S EVER BEEN WITH RESPECT TO FUND BALANCE ON LEFT HAND SIDE, YOU CAN SEE THE ABSOLUTE DOLLAR AMOUNT NEARLY $40 MILLION ON THE RIGHT HAND SIDE. YOU COULD SEE THAT PERCENTAGE. OF EXPENDITURES IS BETWEEN 50 60% ALMOST 54 55.

IF YOU LOOK AT THAT RANGE THERE UM, LOOKING AT WHAT WE CALL AVAILABLE FUND BALANCE AGAIN.

IT'S TAKING THE UNASSIGNED AND ANYTHING THAT'S NOT RESTRICTED. AND YOU COULD SEE AGAIN. THIS IS ANOTHER LOOK AT IT WHERE THE CITY OF PETERSBURG IS REALLY IN THE VERY STRONG CATEGORY AND WHAT YOU MEAN BY VERY STRONG AND MEASURES VERY WELL WITH THE TRIPLE A METRICS. SO THAT LEADS US TO THE RECOMMENDED ENHANCEMENTS TO THE FUND BALANCE POLICY. AND WE HAVE BROUGHT IN NOT ONLY IN HANSE MINT TO THE UNASSIGNED FUND BALANCE GIVEN WHERE THE CITY IS 2022 LEVELS ARE BUT WE'VE ALSO ADDED THE CONCEPT OF THE BUDGET STABILIZATION FUND, AS WELL AS THE DEBT SERVICE CAPITAL RESERVE FUND. THE UNASSIGNED FUND BALANCE, BASICALLY LOOKING AT ABOUT THE $40 MILLION LEVEL THAT THE CITY HAS RIGHT NOW WE'RE RECOMMENDING TAKING THE UNASSIGNED FUND BALANCE POLICY UP TO ABOUT 35% TARGET. THAT WOULD RAISE THE UNASSIGNED FUND BALANCE FROM 14 MILLION TO ABOUT 29.5 MILLION. THAT'S 35% THAT PUTS YOU IN REALLY GOOD SHAPE WITH RESPECT TO THAT NEXT RATING CATEGORY AND REALLY ENHANCING THE FINANCIAL METRICS OF THE CITY AND OF THE CITY AND ITS FISCAL STANDING FROM PERSPECTIVE OF THE RADIANCE SEES AS WELL AS LENDERS, AS WELL AS THE CREDIT MARKETS AND OVERALL ENHANCING ECONOMIC DEVELOPMENT OPPORTUNITIES AS WELL. BUDGET STABILIZATION FUND IS A NEW COMPONENT HERE. THIS IS ONE WHERE WE'RE RECOMMENDING THAT IF ANY EVENT OF UNFORESEEN CIRCUMSTANCES OR EMERGENCIES, THIS IS THE FUN THAT YOU COULD TAP INTO FOR OPERATIONAL SIDE IF REVENUES HIT AN UNEXPECTED SHORTFALL DUE TO A PANDEMIC ISSUES, OR, UM, EXPENDITURES HAVE HAVE AN UNEXPENDED IN UNEXPECTED INCREASE DUE TO A NATURAL CATASTROPHE. THIS IS THAT BUDGET STABILIZATION FUND IS DESIGNED TO GIVE YOU AN ASPECT OF FINANCIAL FLEXIBILITY IN LOOKING AT THAT, AND WE'RE TARGETING A 5% OF THE GENERAL FUND EXPENDITURES ABOUT 4.2 MILLION THE DEBT SERVICE CAPITAL RESERVE FUND. THAT'S THE THIRD COMPONENT HERE. THIS IS REALLY DESIGNED TO ALLOW YOU TO USE THIS, UH TOWARDS CAPITAL FUNDING ON A FLEXIBLE MANNER AND REALLY KIND OF SMOOTH OUT AND EASE INTO BIG CAPITAL PROJECTS. WE KNOW THAT THE CITY IS LOOKING AT A MANDATED COURT PROJECT.

POTENTIALLY A SCHOOL DOWN THE ROAD. THIS FUND IS DESIGNED TO HELP EASE INTO THOSE NEW PROJECTS AS THEY COME ONLINE WITH RESPECT, EITHER YOU KNOW, HELPING TO ASSIST IN DEBT SERVICE BUDGETS AND OR EASING INTO THOSE PAYMENTS AS THEY AS THEIR INCUR. AGAIN LOOKING AT THIS IN YOUR REVIEW OF THESE THAT'S FORMALIZED WITHIN THE POLICIES AND THE CONCEPT IS THESE WILL BE REVIEWED AS WELL AS THE UNDERSIGNED FUND BALANCE WILL BE REVIEWED. WITH RESPECT TO, UM UM, EACH BUDGET DEVELOPMENT PROCESS YOU ALWAYS KNOW WHERE YOU STAND AND THE CONCEPT THAT WE BUILT INTO THIS DOCUMENT, AND THE FINANCIAL REVIEW ALSO IS TO LOOK AT THESE, AT LEAST IN CONSIDER ANY POTENTIAL CHANGES. UM AND A MINIMUM EVERY TWO YEARS AT A MINIMUM EVERY TWO YEARS, SO THE IDEA IS THIS IS GOING TO BE A LIVING DOCUMENT FOR THE CITY. TO HAVE AND GUIDANCE FINANCIAL PRINCIPLES OVER THE LONG TERM HORIZON FOR YEARS TO COME. THE NEW SECTION HERE THAT DIDN'T EXIST BEFORE. UH, IS INVESTMENT POLICY. UM THE DETAILS ARE IN THE BACK, AND THERE'S A LOT OF DETAILS WITH RESPECT TO INVESTMENT POLICIES IN TERMS OF WHAT CAN BE ALLOWED. THE CODE OF VIRGINIA SPECIFIES AND DICTATES WHAT LOCAL GOVERNMENTS ARE ALLOWED TO INVEST IN. HOWEVER THERE'S A LOT MORE FLEXIBILITY IN THE KIND OF VIRGINIA OR PERMITS MORE INVESTMENTS THAT WE WOULD RECOMMEND TIGHTENING THE INVESTMENT POLICY UP WITH RESPECT TO AUTHORIZED INVESTMENTS, BUT ALSO INCORPORATING, UH, STANDARD OF, UH STANDARDS OF CARE, AS WELL AS SCOPE AND OBJECTIVES AND AS WELL AS MATURITY RESTRICTIONS IN TERMS OF KEEPING THE CITY IN GOOD, GOOD STANDING. WHAT WE DON'T WANT TO DO IS HAVE THE

[01:05:06]

POTENTIAL FOREIGN INVESTMENT TO REALLY HAVE TO BE SOLD PRAYER THEN YOU KNOW, PRIOR TO MATURITY, WHICH COULD RESULT IN A, UH, DISADVANTAGEOUS LOSS. UM YOU NEVER WANT TO PUT THE CITY IN THAT KIND OF POSITION, SO THE INVESTMENT POLICIES DESIGNED TO HELP KEEP YOU IN GOOD STANDING AND KEEP YOU IN GOOD STANDING WITH ITS INVESTMENTS AND MAXIMIZE THE RETURN WHILE SAFEGUARDING THE ASSETS OF THE CITY. AND WITH THAT, UM, NEXT STEPS. UM WHAT WE'RE LOOKING AT TODAY AGAIN. NO ACTIONS BEING ASKED FOR TODAY IS REALLY UPON THIS PRESENTATION OBTAINED GUIDANCE FROM CITY COUNCIL OVER THE COURSE OF THE NEXT COUPLE OF WEEKS. UH, QUESTIONS. BE GLAD TO TAKE QUESTIONS AND ULTIMATELY INCORPORATE ANY COMMENTS AND REVISIONS TO THE POLICIES BASED ON YOUR FEEDBACK, RETURNED TO CITY COUNCIL AT JUNE 20TH, IDEALLY FOR CONSIDERATION OF OFFICIAL ADOPTION, IF NOT, UM, AT A LATER DATE SHORTLY THEREAFTER, AND ULTIMATELY IMPROVE, IMPLEMENT THE POLICIES WITH CITY STAFF. SO WITH THAT THE APPENDIX IS WHERE ALL THE DETAILS ARE. LEAVE THAT TO YOUR READING, AND WE'LL BE GLAD TO COME BACK TO YOU AT THE NEXT CITY COUNCIL MEETING. IF I JUST MAKE ONE COMMENT ABOUT THOSE RESERVES, UM, JUST SO EVERYONE REALIZES, UM THAT'S SERIOUS LEVELS OF DOLLARS WE'RE TALKING ABOUT, UM, WHEN YOU REALIZE THAT THOSE MONIES WILL ACTUALLY THEN BE INVESTED IF THEY'RE PROPERLY INVESTED THROUGH THE INVESTMENT MANAGEMENT POLICY WE'RE TALKING ABOUT SO FOR TODAY. FOR EXAMPLE , HAVING THAT UNASSIGNED FUND BALANCE THAT ROLLING WAS TALKING ABOUT HAVING SOME 29 $30 MILLION IF A LOT OF THOSE DOLLARS IF IT'S DONE PROPERLY CAN EARN TODAY FIVE PLUS 2 6% ON THAT MONEY FOR ONE YEAR INVESTMENTS, IF NOT SHORTER, SO, AS A RESULT OF THAT, IF YOU THINK ABOUT IT $30 MILLION THAT AT 5% IS BASICALLY ANOTHER MILLION AND A HALF DOLLARS THAT WILL GO DIRECTLY TO THE GENERAL FUND. SO WHAT WERE IN EFFECT DOING IS THE OPPOSITE OF WHERE WE WERE BACK IN 2016, WHERE WE HAD TO ACTUALLY PAY THOSE KINDS OF DOLLARS TO PAY FOR, YOU KNOW, COVERING BILLS AND EVERYTHING BY BORROWING SHORT TERM MONEY. NOW WE'RE DOING THE VERY OPPOSITE. AT LEAST THAT'S THE RECOMMENDATION IS TO HAVE THOSE DOLLARS SITTING IN THE BANK. OR DIFFERENT PLACES, AND WE'LL TALK ABOUT THAT ONCE THE OVERALL POLICIES ARE FURTHER. SOLIDIFIED SO AGAIN, IT'S THE STRONG GET STRONGER AND THAT'S PART OF THIS . SO AGAIN, IT WILL HELP YOUR GENERAL FUND. SO HAPPY TO ANSWER ANY QUESTIONS, MAYOR AND MEMBERS OF COUNCIL ALRIGHT, THANK YOU, AS ALWAYS, DAVID ROWLAND. WE'VE WE'VE WE'VE BEEN TOGETHER ON THIS JOURNEY FOR QUITE A FEW YEARS, AND IT'S GOOD TO BE ON A SOLID FINANCIAL PLAN BECAUSE YOU KNOW WHEN THIS THING STARTED IN 26 2015 2016. I KNOW, UM. CITY OF HOPEWELL AND PETER'S VERY WITH BOTH. FISCALLY DISTRESSED. AND YOU SEE, UM THANKS TO MY COUNCIL THAT THAT WAS HERE AT THE TIME. WE DID SOME THINGS THAT WAS UNPOPULAR TO THE PUBLIC . BUT IT TURNED OUT TO BE THE RIGHT THINGS. AND THEN WE END UP GETTING, YOU KNOW, GOING BACK AND FORTH TO COURT AND ALL TYPES OF THINGS BEHIND IT. BUT IT'S REALLY PAID OFF. AND I, YOU KNOW , JUST WANT TO THANK THE COMMITMENT OF CITY COUNCILS. THOSE WERE SOME ROUGH ROUGH YEARS, SOME ROUGH TIMES. AND I THINK WE ARE UP TO THE TASK OF GETTING UP TO THAT DOUBLE A RATING. MY QUESTION THAT I HAVE HERE IS FOR, UM UNDER RECOMMENDED ENHANCEMENTS. UM WE HAD INCREASED THE BUDGET FLEXIBILITY FOR THE CITY. BY PROVIDING ADDITIONAL AUTHORITY TO THE CITY MANAGER TO MAKE MINOR ADJUSTMENTS TO THE BUDGET IS NEEDED. I KNOW WE STARTED COUNCIL IZED CORRECTLY GROUND, BUT MAYBE ABOUT THREE OR FOUR YEARS AGO WHEN WE STARTED DOING THOSE BUDGET AMENDMENTS. MHM UM , WE, THE CITY MANAGER WAS COMING TO US ABOUT MID YEAR TO MAKE SURE THAT WE WERE MEETING ALL OF OUR REVENUE PROJECTIONS. AND WE HAD THE ABILITY TO GIVE THE CITY MANAGER THE AUTHORITY TO DO SPENDING FREEZES THINGS OF THAT NATURE. WE'RE NOT MEETING OUR MARKS. UM IS THAT ENOUGH OR DO WE NEED TO ADD SOMETHING ELSE BECAUSE I KNOW IT'S BEEN VERY, VERY HELPFUL. ESPECIALLY THOSE, UM, END OF THE FISCAL YEAR SPENDING FREEZES THAT WE'VE BEEN UTILIZING. TO REALLY, UM, BE REAL FRUGAL GOING INTO THE NEXT BUDGET YEAR, WE SPENT SOME QUALITY TIME WITH STAFF AND REALLY GOT TO UNDERSTAND HOW THE CASH FLOWS AND THE VARIOUS ACCOUNTS WORK IF YOU WOULD, SO I THINK IF YOU READ THE BACK AS ROLAND ALLUDED TO MAYOR, I THINK

[01:10:03]

THAT WILL BE REALLY HELPFUL. AND THEN YOU'LL UNDERSTAND, I THINK SORT OF THE SOME OF THE PATHWAY THAT WE'RE TRYING TO RECOMMEND THAT THE STAFF HAS SO THEY CAN BE FLEXIBLE, BUT AT THE SAME TIME, UM YOU'RE AT THE END OF THE DAY IS STILL THE BOTTOM LINE . I MEAN, YOU KNOW, THE COUNCIL IS STILL GOING TO BE HAVING THE FINAL SAY ON REALLY ANYTHING. BUT THIS IS REALLY HOW THE MANAGER CAN MOVE SOME MONIES APPROPRIATELY. AND WHAT AGAIN WE MENTIONED WAS, THIS IS REALLY WHAT OTHER WELL RUN GOVERNMENTS HAVE. AS FLEXIBILITY. UM IT WAS VERY DIFFERENT A FEW YEARS AGO, WHEN AGAIN WE COULDN'T EVEN TRACK DOLLARS AND WHAT YEARS THEY CAME IN. AND WERE THINGS WERE SITTING IN A DRAWER. UH SO AGAIN, I THINK NOW WE'VE MOVED TO THE POINT WHERE, UH, MANAGEMENT HAS SHOWN THEIR ABILITY TO BE RESPONSIBLE, AND WE'RE NOT PERFECT YET BY ANY MEANS, BUT WE'VE MADE QUANTUM LEAPS. SO YOU'VE MADE QUANTUM LEAPS I SHOULD SAY AND, YOU KNOW , WE'RE VERY, VERY COMFORTABLE WITH WHAT THE CITY MANAGER IS DOING, AND HE'S GOT A JOURNEY.

WE'RE NOT THERE YET. UM THAT'S WHY I'M PART OF THE FINANCE COMMITTEE WILL BE VERY, VERY IMPORTANT SO THEY CAN REALLY TALK ABOUT WHAT NEEDS TO STILL BE DONE. UH SO WE CAN MAKE SURE, FOR EXAMPLE, THAT AUDITS ARE GOING TO BE ON TIME AND THAT THEY'RE NOT GOING TO CONTINUE TO BE SLOWER THAN WE LIKE. SO AGAIN. WE'RE NOT. THEY'RE FULLY BUT THAT'S WHY WE'RE A PLUS VERSUS DOUBLE A PLUS AND BUT WE'RE MOVING IN THAT DIRECTION. I THINK THE ONE LAST THING I WANT TO MAKE SURE EVERYBODY REALIZES. UM WE ARE TALKING ABOUT OR YOU'RE TALKING ABOUT AND WE'RE WORKING WITH YOU ON SOME CAPITAL FUNDING AND PART OF THAT, OF COURSE, IS THE COURTHOUSE THAT WILL BE THE MOST IMMEDIATE IN TERMS OF SOME BORROWING, AND WE'RE NOT GOING TO BORROW FOR ALL OF IT, BUT WE'RE GOING TO GET OURSELVES STARTED WHILE INTEREST RATES ARE STILL VERY FAVORABLE AND YOU LOOK VERY GOOD AT THE SAME TIME . THERE'S A LOT OF SCHOOL DISCUSSION AND THAT'S TO BE CONTINUED. WE REALIZE AND SO THOSE COMPONENTS, UH, PLUS THE OVERALL UTILITY FUND, WHICH WE DID NOT EVEN ADDRESS TONIGHT, THAT WILL BE A ANOTHER TIME.

ANOTHER PLACE. ALL OF THESE THINGS ARE GOING TO REQUIRE US TO BE. WE CALL INTO THE CREDIT MARKETS ONE WAY OR ANOTHER, SO THOSE POLICIES THAT ROLE IN WENT THROUGH VERY QUICKLY, THOUGH, AND WE CAN GO THROUGH THE SLOWER DOWN THE ROAD. THERE WILL BE MOVING UP BUT AGAIN WHEN YOU'RE THINKING ABOUT IT RIGHT NOW IS AS ROLAND SAID, THREE CENTS OR 3% OF YOUR BUDGET GOES TO DEBT SERVICE. 10% OR BETTER IS CONSIDERED BEST PRACTICES. WE'RE GONNA MOVE THAT UP. YES BUT AT THE SAME TIME WE REALLY CAN DO THAT RESPONSIBLY, AND THAT'S WHY THESE POLICIES ARE SO IMPORTANT SO THAT THEY ARE INEFFECTIVE WHITE LINES TO MAKE SURE WE STAY WITHIN NO DIFFERENT THAN A CAR IS SUPPOSED TO STAY IN THOSE WHITE LINES. SO THAT'S UH I JUST WANT TO MAKE SURE EVERYBODY REALIZES THAT OKAY, THANK YOU. NEXT WORLD QUESTIONS FROM THE COUNCIL. COUNSELING COOPER.

THANK YOU, MR MAYOR. AND MR ROSE AND MR COACH. THANK YOU, BOTH FOR YOU ARE. GUIDANCE AND LEADERSHIP OVER THE YEARS. UM SPECIFICALLY, I'LL START WITH THE PAYDAY LOAN. THANK GOODNESS WE DON'T HAVE PAYDAY LOANS ANYMORE. REVENUE, ANTICIPATION NOTES. AND WE THANK YOU FOR LEADING HIM SIDE OF THAT. THICKET. BECAUSE WE LOST A LOT OF MONEY. IN TRANSACTION COSTS EVERY TIME WE HAD TO BORROW. USING. THE TAX ANTICIPATION NOTES. REFRESH MY MEMORY OR EDUCATE ME. HAVE WE GET INTO SUCH A MESS IN 2016? WELL, YOU DIDN'T JUST GET THERE IN 2016.

WE WROTE A REPORT BACK IN 2012 ROLLING AND I DID TO A PRIOR COUNSEL. I REMEMBER YOU ARE NOT ON THAT COUNCIL AND WHAT WE BASICALLY I'M GOING TO GO BUY NEW, CORRECT ME. BUT I'M GONNA GO BY MEMORY. AND THAT WAS YOU HAD YOU MEANING? THE CITY HAD INFLATED. IT'S FUN BALANCE BY SHOWING EXPECTATIONS OF LAND CELLS AND ASSETS, AND THAT WAS EFFECTIVELY PUT INTO YOUR FUN BALANCE THAT UNASSIGNED FROM BALANCE, WHICH IS NOT WHAT AN UNASSIGNED FUND BALANCE IS. UM SO AS A RESULT IN REALITY, EVEN THOUGH YOU WERE YOU WERE RAISING REVENUES FOUR TIMES A YEAR. YOU COLLECT FOUR TIMES A YEAR, WHICH WOULD YOU THINK? KEEP YOU AWAY FROM HAVING BIG SWINGS AND CASH

[01:15:03]

FLOW. PROBLEM IS YOU REALLY HAD NO APPRECIABLE OR VERY FEW APPRECIABLE HARD DOLLARS CASH TO WHICH TO PAY BILLS, SO YOU SORT OF BALANCE SHEET THAT WASN'T FULLY REFLECTIVE OF WHAT YOUR FUND BALANCES WERE. AND YOU CORRECT ME IF I'M REMEMBERING THAT THAT THAT'S PART OF IT, THE FUN BALANCE WAS REALLY JUST A PAPER FUND BALANCE. ALSO WHAT CONTRIBUTES TO THAT WAS INTER FUND RECEIVABLES THAT REALLY HAD NO EXPECTATIONS OF BEING REPAID. FROM OTHER FUNDS. AND THEN IN ADDITION TO THAT, OVER THE COURSE OF THOSE YEARS, REALLY A COMBINATION OF UM, BUDGET IMBALANCE IN TERMS OF REVENUES AND EXPENSES, SO ULTIMATELY THAT LED TO OVER THE YEARS A SLOW SORT OF THE DEPLETION AND FINANCIAL POSITION DOWN TO 2016. AND IN 2016. I THINK THE OTHER THING WAS THE BILLINGS WITH RESPECT TO UTILITIES AND REVENUE CONNECTION. COLLECTIONS JUST REALLY CAUSED EVERYTHING TO TIP TIP OVER THE CLIFF. I'M SORRY. WHAT WAS THAT IN 20 REVENUE COLLECTIONS WITH RESPECT TO UTILITY BUILDING RIGHT. THERE WAS A WATER METER DEBACLE ISSUE , RIGHT? WE WEREN'T COLLECTING YOUTH ON WATER BILLS THAT I DON'T KNOW ABOUT THE REAL ESTATE, BUT IT WAS DEFINITELY THE WATER BILLS DUE TO THE METERS PUSHED YOU OVER THE CLIFF, ESSENTIALLY BECAUSE YOU HAD NO FUN BALANCE PER SE. THAT WAS REAL. TO HELP SUSTAIN THAT THAT WINDOW. ALL RIGHT. WELL THANK YOU. I'VE OFTEN WONDERED HOW IT'S A REAL CASH FUND BALANCE. NOW IT'S REAL FUN, SO IT'S VERY LIQUID NOW, BUT IT WAS EITHER MAKE BELIEVE OR NOT LIQUID BEFORE YOU GOT IT. YOU GOT IT, OKAY. UM NOW YOU MENTIONED THAT INTEREST INCOME.

COULD. BRING THE CITY 5 TO 6% OF THE PRINCIPAL. SO YES. SO HERE'S THE THING, MR COLBERT OR COUNCIL COLEBROOK. UM IF YOU WERE TO LOOK AT THE UNITED STATES TREASURY OBLIGATIONS IN FULL FAITH AND CREDIT, THE STRONGEST THAT YOU CAN GET RIGHT NOW, UH, SIX MONTHS. TREASURY OBLIGATION EVEN OUT TO A ONE YEAR TREASURY OBLIGATION IS ABOUT 5.4% THAT'S RIGHT. IT'S VERY SIZABLE AND AGAIN. THAT'S THE TYPE OF THING YOU CAN INVEST IN. THE STATE HAS A PROGRAM CALLED THE LOCAL GOVERNMENT INVESTMENT POOL, WHICH IS SOLELY FOR LOCAL GOVERNMENTS. YOU AND I, AS CITIZENS CAN'T TAKE ADVANTAGE OF THAT, AND IT'S NOT BORROWED MONIES, EITHER. IT'S JUST THE ACTUAL CASH IF YOU WOULD OF LOCAL GOVERNMENTS, AND THEY HAVE SEVERAL BILLION DOLLARS, IT'S MANAGED BY THE STATE TREASURER'S OFFICE. WE DON'T MANAGE THAT OR ANYTHING LIKE THAT. UM, AND THAT IS EARNING TODAY. CLOSE TO 6% AND THE BEAUTY OF THAT IS THAT'S IMMEDIATELY AVAILABLE MONEY. SO IF YOU'RE IF YOU IF YOU TURN AROUND AND SAY I NEED SOME MONEY, I SAY IMMEDIATELY 24 TO 30 HOURS. THAT'S EFFECTIVELY IMMEDIATELY. UM SO IF YOU SAY I NEED SOME MONEY QUICKLY, ALL YOU DO IS TO CONTACT THE STATE AND THEY DO THAT. THERE'S NO MARK TO MARKET. THERE'S SOME PROGRAMS OUT THERE THAT WE DO NOT PARTICULARLY CARE FOR PERSONALLY BECAUSE THEY ARE LIKE BOND FUNDS. THIS IS NOT A BOND FUND AND SO AS A RESULT OF THIS IS THE TYPE OF THING IT'S BEEN AROUND. I YOU KNOW MY 42 43 YEARS HERE IN THE STATE. UH IT'S BEEN AROUND SINCE THEN. SO IT'S UH IT'S TRIED AND TRUE, UM AND SO THAT'S KIND OF THING. WELL, WE'RE GOING TO TALK SOME MORE ABOUT, UH, ONCE WE HAVE THE FINANCE COMMITTEE SET, AND ONCE WE HAVE THE ABILITY TO REALLY HAVE A GOOD HANDLE ON THE CASH FLOWS, WE'RE NOT THERE YET. WHICH IS WHY I SAY ALL THIS IS STILL A WORK IN PROGRESS, BUT UM , I DON'T KNOW WHERE YOU HOW YOU KEEP YOUR MONEY'S RIGHT NOW, BUT FROM OUR PERSPECTIVE, UM IT'S OF COURSE, A LOT SAFER THAN BANKS BECAUSE BANKS, ALTHOUGH THERE IS SOME SOME BACKSTOPS THAT BANKS HAVE, UH, THAT'S STILL IS A SORT OF INDIRECT. OBLIGATIONS AND GUARANTEES. THIS IS JUST STRAIGHT. GUARANTEES. UNITED STATES GOVERNMENT, WHICH MAYBE DID LOOK SO GOOD PRIOR TO JUNE FOREST, BUT I THINK WE KNOW THAT, UH, THEY DEBT HAS BEEN ROLLED AND IF YOU WOULD, AT THE AT THE FEDERAL LEVEL ALRIGHT. WELL ALL OF THAT ENCOURAGING AND US CERTAINLY SOUNDS LIKE SOMETHING WE WANT TO EXPLORE AND PROBABLY DO. BUT THE FLIP SIDE OF THAT IS WHY HAVEN'T WE ALREADY DONE IT? AND YOU MAY I JUST DON'T KNOW. I DON'T KNOW WHERE YOUR WHERE YOUR TREASURE INVESTS THE DOLLARS RIGHT NOW. THAT'S THAT'S GONNA BE ONE OF THE DISCUSSION ITEMS WE COULD HAVE OVER AT THE, UH AT THE FINANCE COMMITTEE. WE DO THIS ON

[01:20:01]

A REGULAR BASIS. I MEAN, WHEN WE'RE TALKING TO YOU ABOUT, YOU KNOW, WE'VE GOT AGAIN, PROBABLY.

YOU KNOW, HERE IN VIRGINIA? WE DO. I DON'T KNOW. MAYBE 250. GOVERNMENTS OF SIZES IN ALL SHAPES AND SIZES WITH TOWNS AND WHATEVER AND YOU KNOW A LARGE MAJORITY OF THEM. WE HAVE SOME SENSE OF THEIR FUNDS. SOME WE DON'T BUT AGAIN, IT'S JUST A MATTER OF JUST ALL THE COORDINATION AND THE CONVERSATION AND DISCUSSION. UM PART OF WHAT A TREASURER NEEDS TO KNOW IS WHAT OUR CASH FLOWS. ARE WE OUR MEANING? WHAT THE SO WE HAVE A RESPONSIBILITY TO THE TREASURER TO GIVE THEM THE CASH FLOWS AND AS WE HAVE A BETTER HANDLE ON THAT, UM THEN COLLABORATIVELY THROUGH THE FINANCE COMMITTEE. WE CAN ALL COLLECTIVELY MAKE SOME SUGGESTIONS AND RECOMMENDATIONS UM AND HIS, ROWLAND SAID PART OF THE INVESTMENT POLICIES WILL MAKE SURE THAT YOU STAY OUT OF TROUBLE. THE IRONY AND IT'S BEEN MY EXPERIENCE. THE IRONY IS THAT THE LOCAL GOVERNMENTS THAT GET IN TROUBLE ON INVESTMENTS HISTORICALLY HAVE BEEN THE ONES THAT HAVE A LOT OF EXTRA DOLLARS . THEY DON'T NECESSARILY INVESTMENT PROPERLY. WE SAW THAT IN WILLIAMSBURG. WE SAW THAT AND PRINCE WILLIAM COUNTY AND THEN THE INFAMOUS ONE IN ORANGE.

CALLIE KATZ, ORANGE COUNTY, CALIFORNIA, WHICH WAS PROBABLY THE WEALTHIEST COUNTY IN CALIFORNIA. THEY WENT BANKRUPT OVER BAD INVESTMENTS WITH THEIR WITH THEIR CASH BACK IN THE NINETIES, SO I THINK OUR INVESTMENT RECOMMENDATIONS WHICH YOU'LL SEE IN THE BACK ARE MEANT TO KEEP US AWAY FROM HAVING TO WORRY ABOUT ANY OF THAT. UM ONE OF THE SHORTFALLS OF VIRGINIA'S INVESTMENT WILL CALL IT POLICIES . DON'T IT DOESN'T ADDRESS ALL OF THOSE THINGS. YOU CAN STILL GET INTO FINANCIAL TROUBLE. EVEN WITHIN THE FRAMEWORK. VIRGINIA'S INVESTMENT POLICIES GUIDELINES ARE VERY BROAD. SO AS A RESULT, WHAT WE'VE DONE IS TIGHTENED THEM UP FROM LOCAL GOVERNMENTS LIKE YOU. TO MAKE SURE WE DON'T HAVE THAT PROBLEM. I THINK THE SIMPLE AND I'M SORRY. I'M TALKING SO MUCH, BUT YOU ASKED, UM THIS SIMPLE RECOMMENDATION THAT WE HAVE WHEN IT COMES TO INVESTMENTS. IS TO ENTER INTO ANY INVESTMENT AND NEVER HAVE TO SELL THAT INVESTMENT. PRIOR TO ITS FINAL MATURITY. MEANING FOR EXAMPLE, IF WE WERE TO TAKE 10 MILLION OF THAT 29 MILLION AND BORROW ENOUGH BORROWED AND INVESTED FOR ONE YEAR, WE NEED TO MAKE ABSOLUTE CERTAIN THAT WE WILL NOT NEED THAT MONEY. IN ANY TIME IN THAT GIVEN YEAR. THAT'S THE MINDSET WE NEVER WANT TO SELL THAT YOU MAY WANT TO DO THAT ELECTIVELY, BUT YOU DON'T WANT TO HAVE TO DO THAT. UNDER THE THREAT OF A YOU KNOW, HAVING TO DO IT FOR CASH FLOW PURPOSES. THAT'S WHAT WE THINK ABOUT THAT.

LET'S GO. AT SOME POINT THIS SUMMER. WILL YOU BE RECOMMENDING TO COUNCIL HOW MUCH OF ITS, UH UH, ON ASSIGNED TO FIND THE BALANCE SHOULD BE INVESTED AND WHERE IT SHOULD BE INVESTED. I DON'T WANT TO GIVE A TIME TABLE . I DON'T KNOW IF WE'LL BE READY THIS SUMMER. IT'S GOING TO MATTER ABOUT OTHER AGAIN. OTHER PIECES OF INFORMATION THAT WE'RE STILL GOING TO DEVELOP AND GET.

WE DON'T THERE'S A VARIETY OF PIECES TO THIS, AND WE CAN EXPLAIN THAT A LITTLE BIT MORE AND IN DETAIL, BUT I THINK UH, THE HOPE IS THAT WE WOULD LIKE TO TRY TO HAVE A VERY GOOD HANDLE ON ALL THIS AND POLICIES WITHIN A FEW MONTHS. I JUST SAY IT THAT WAY. JUST TAKES A WHILE TO DO THIS. THAT'D BE GREAT BECAUSE. WE CAN ALWAYS USE ANOTHER HALF A MILLION DOLLARS OR WHATEVER. AGAIN IT MAY BE A FRACTION OF THAT. MAYBE MORE THAN THAT. I JUST DON'T WANT TO.

YOU KNOW, I DON'T KNOW YET. WHAT TO THE INVESTMENTS ARE YIELDING AND WHAT HAVE YOU WE CERTAINLY CAN GET THAT. THAT'S AN EASY THING FOR US TO GET. WE JUST HAVE TO MAKE SURE THAT WE'RE ALL MOVING IN THE SAME, UH, YOU KNOW, DIRECTION WITH REGARD TO OKAY. WHATEVER. THANK YOU VERY MUCH. THANK YOU, MR MAYOR. OKAY, QUESTION. COUNCILMAN JONES. I DON'T KNOW IF THIS QUESTION IS FOR YOU GUYS ARE JUST FOR THE BOARD. UM WE HAVE THE TEAM, THE FINANCE COMMITTEE THAT WE SPEAKING OF SIX MEMBERS, MAYOR CITY MANAGER CHIEF FINANCIAL OFFICER. COMMISSIONER REVENUE TREASURER AND FINANCE ADVISOR, REPRESENTATIVE. I THINK MY QUESTION TO EVERYBODY IS DEALING WITH THE TREASURER. WHAT ROLE WILL HE PLAY? OR IS HE ABLE TO GO TO PLAY THE ROLE? ANY CAPACITY. THAT HE'S IN RIGHT NOW, WITH THE DECISIONS MADE ON HIS JOB. AND THINGS OF THAT NATURE BECAUSE RIGHT NOW I'M STILL TRYING TO PLAY CATCH UP WITH SEEMED LIKE TO ME.

[01:25:02]

EVERYTHING IS ON THE CITY MANAGER. PLAYING DUAL ROLES. UM SO I JUST WANT TO KNOW, UM, JUST CHIME IN ON THAT, UM TREASURER STILL IS IN CHARGE OF BANK RECONCILIATIONS. WHICH HAS BEEN A BIG PIECE OF US GETTING OUT WHAT HE'S DONE. AND LIKE, MR ROSE SAID HE HANDLED ALL OF OUR FINANCIAL INVESTMENTS AND WE DON'T KNOW WHAT THEY ARE AT THE TIME. BUT THOSE ARE ROSE THAT HE STILL HOLD AND THAT'S WHY I SUPPORTED TO GET EVERYBODY IN THE ROOM. WE CAN HAVE THE CLEAR CUT. COME COME TO JESUS. ALL RIGHT. WHERE IS THE MONEY? WHERE IS IT BEING INVESTMENT? AND WHERE ARE WE ON THESE BANK RECONCILIATION SO WE CAN GET OUR BUDGETS OUT ON TIME. UM PART OF THE DUTIES THAT WE HAVE FROM THE TREASURER WAS THE COLLECTIONS BECAUSE WHAT HAPPENED WAS, I SAID IN THE MANY MEETINGS WHEN I FIRST GOT ON COUNCIL WITH THE CURRENT CITY MANAGER, AND HE HAD NO IDEA WHAT THE REVENUE WAS OTHER THAN A PIECE OF PAPER THAT WAS BEING GIVEN TO HIM SAYING YOU'RE GONNA COLLECT 100 MILLION AND HE'S BASED IN THE BUDGET ON 100 MILLION, AND YOU COLLECTING 80 SO RIGHT NOW GETTING HAVING THOSE DUTIES OF THE CITY MANAGER BEING THE COLLECTOR OF CITY TAXES THAT ALLOWS US TO KNOW THE REVENUE THAT'S COMING IN SO HE CAN BUILD ACCURATE BUDGET SO WE WON'T HAVE THOSE STRUCTURALLY IMBALANCED BUDGETS THAT HAVE DOOMED THE CITY. FOR I THINK, PROBABLY OVER A DECADE. IN THE MAKING OF HAVING MONEY THAT YOU DON'T KNOW. IS COMING IN AND NOT SO THAT'S WHY IT'S. IT'S IMPORTANT NOW TO GET ALL OF THE EXTRA THE EXTRA FINANCIAL, UM, PIECES TO THE CITY'S PUZZLE TO THE TABLE TO REALLY HAVE THE OPEN AND HONEST TRUTH OF WHERE EVERYTHING IS. WHERE DO WE GO NEXT? HOW CAN WE BUILD A STRONGER FINANCIAL SYSTEM INTERNALLY? BECAUSE THE THING I'VE KNOWN FROM BEING IN THIS THING, CALLED LOCAL GOVERNMENT IS SOMETHING THAT'S HURT. LOCAL GOVERNMENT HAS ALWAYS BEEN THE SILOS. EVERYBODY WORKING IN A IN THE BOX, NOT COMMUNICATING TO THE OTHER GROUPS. SO HOPEFULLY THIS WILL BE A WAY TO IMPROVE THE COMMUNICATION AND EVERYONE CAN THE RIGHT HAND WHENEVER THE LEFT HAND IS DOING AND EVERYONE CAN BE, UM, BE UNIFIED AS ONE GOAL AND THAT IS INCREASING. THE CAPACITY OF THE CITY OF PETERSBURG TO INCREASE HIS BOND RATING TO BE ABLE TO MEET OUR OBLIGATIONS HERE OF OUR CITIZENS AND PETERS. OKAY, THAT'S ALL I HAD. OKAY? THANK YOU OTHER QUESTIONS. ALL RIGHT, UM, LOOK, THANK YOU, AS ALWAYS. ROSEN COACH. LOOK, BECAUSE, UM, IT'S BEEN A GREAT RIDE. AND, UM, SOMETHING THAT WE STILL BATTLING TODAY IS A LOT OF PEOPLE DO NOT BELIEVE THAT THE RECOVERY IS REAL. MR ROSE. SCOOCH IS THE RECOVERY REAL IT'S REAL. IT'S REAL, SO THAT'S WHY I WANTED PEOPLE TO SAY THAT IS REAL. THAT'S NOT CITY COUNCIL SAYING THAT IT IS REAL. SO UH. YEP. AND IF I COULD ADD TO WHAT ROLAND SAID. DON'T DON'T EVEN TAKE OUR WORD FOR IT. THE RATING AGENCIES ARE INDEPENDENT. THEY'RE NOT HIRED BY BY YOU LIKE WE ARE. SO IF SOMEONE WANTS TO BE CYNICAL, EVEN THOUGH WE HAVE A FIDUCIARY RESPONSIBILITY UM, SOMEONE COULD SAY, WELL, YOU KNOW, YOU'RE HIRED GUNS OF THE CITY IN REALITY, A LITTLE CYNICAL, BUT IT'S FACTUAL. THE RATING AGENCIES DON'T WORK THAT WAY. UM, THEY ARE TRULY INDEPENDENT, AND THEY ASK THE QUESTIONS. THEY NEED TO SEE THE DOCUMENTS. THEY SEE THE NUMBERS BEHIND THE NUMBERS. UM, AND AS A RESULT, IT WASN'T REAL. THEIR REPORTS WOULD BE ACCORDINGLY, THEY WOULD BE POINTING THAT OUT, JUST LIKE THE REPORTS POINTED OUT BACK IN 2016 THAT YOU DIDN'T HAVE THE MONEY THAT YOU HAD PRIOR AND THAT'S WHY THEY DOWNGRADED YOU. SO I WOULD TAKE IF YOU WANTED THAT ANSWER FOR SOME FOLKS THAT MAY NOT BELIEVE IT USED THAT INDEPENDENT THIRD PARTY WHICH THOSE REPORTS BY THE WAY MAYOR OF PUBLIC DOCUMENTS. THEY'RE NOT PRIVATE DOCUMENTS. ANY CITIZEN CAN CAN ACCESS THOSE DOCUMENTS.

SO I POINT THAT OUT. THANK YOU APPRECIATE IT. NEXT MOVE ON TO, UM ITEM 10 CAPITAL PROJECTS.

UPDATE. UM NO UPDATES FOR THE NIGHT. NEXT IS UTILITIES JMT OF DATE. GOOD EVENING. GOOD

[11. Utilities]

EVENING. YEAH. THERE WE GO. THANK YOU FOR HAVING ME BACK COUNCIL. APPRECIATE IT. GIVE YOU AN UPDATE ON OUR, UH SOUTH EAST PETERSBURG INFRASTRUCTURE IMPROVEMENT PROGRAM, AS YOU KNOW , SOMETIMES CALLED POOR CREEK. AND JUST TO REFRESH EVERYBODY'S MEMORY. WHAT THE OVERALL PROJECT IS FOR US TO SUPPORT THE PHARMACEUTICAL INDUSTRY AND ADDITIONAL GROWTH IN SOUTHEASTERN PORTION OF THE CITY. NEW FORCE MAIN DOWN THE GREATER ROAD TO THE NORTH TOWARDS THE RIVER FROM FROM THE EDGE OF THE BATTLEFIELD. THEN WE'RE GOING TO HAVE A NEW PUPPY

[01:30:09]

OF PUMPING STATION REHABILITATED RIGHT THERE AS WELL AS IN THE WATER SYSTEM. THE NEW PUMPING STATION AT THE WALNUT WALNUT HILL TANK. NEW ELEVATED WATER STORAGE TANK AT THE ROUGHLY THE INTERSECTION OF THE WAGNER ROAD AND THE NORMANDY. IT'S BEHIND THE IMPACT FACILITY RIGHT OFF. I 95 AND THE NEW WATER MAIN, HEADING SOUTH ON THE CRATER ROAD FROM WALNUT TO WAGNER. OH, SO THE. AND THEY HAVE A HANDOUT THIS TIME SO YOU CAN ACTUALLY READ MY SLIDE. I THINK WHICH I DIDN'T THINK YOU HAD LAST TIME. SO BECAUSE THERE'S A LOT OF WORDS ON IT DON'T NEED TO LOOK AT EVERYTHING. BUT THE IMPORTANT PART ABOUT THIS AS THE UPDATE OF WHERE WE STAND TODAY, THE IMPORTANT THINGS I WOULD SAY. THAT ARE SUBMITTED AND ONGOING BEGIN AT LIKE NINE FLYING 19 OR SO WE'RE HAVING A LET'S KEEP THINGS MOVING JUST TO REFRESH YOUR AGAIN. WE'RE HAVING A BY WEEKLY MEETING WITH THE VIRGINIA DEPARTMENT OF HEALTH AND THE DEPARTMENT OF ENVIRONMENTAL QUALITY AT THE HIGHEST LEVELS TO MAKE SURE THAT WE'RE GETTING ALL THE SUPPORT WE NEED FROM THE STATE ON THIS. THIS IS COMING FROM FROM FROM THE FROM THE STATE AND THEY'RE BEING VERY COOPERATIVE ON THIS PROJECT FOR US. WE DO HAVE SOME ADDITIONAL GRANT APPLICATIONS AND FOR FUNDING. AH THAT THAT WE'RE WAITING TO HEAR FROM THAT. I THINK WE SHOULD HEAR FROM BY THE END OF I THINK IT'S IN JULY. OR SOMETHING I'D ENDED JUNE THE AND THE EVERYTHING ELSE HAS BEEN A WE'VE BEEN GETTING APPROVALS HERE AND THERE ONE THING OF INTEREST WITH THE LAST TWO LINES THERE, WHICH WAS THE UH, INADVERTENT BURIAL DISCOVERY PLAN SINCE WE'RE GOING UP AND DOWN CRATER ROAD BETWEEN BLANFORD AND PEOPLE'S AH, WE WERE DEVELOPING A PLAN JUST IN CASE WE RUN ACROSS THINGS. BODY. WHATEVER. THAT SO WHEN? WHEN SINCE SO IT WON'T BE A JOB SLOWDOWN ONCE CONSTRUCTION BEGAN SO THAT THAT IS IN PROGRESS. SO TO BRING YOU UP TO SPEED. LIKE I SAID, ON THE DESIGN, WHAT'S GOING ON DESIGNERS GOING ON? WE HAVE TO IN OTHER ENGINEERING FARMERS WORKING FOR US AMERICAN IS DOING THE WATER COMPONENTS, AND TIMMINS IS DOING THE WASTEWATER COMPONENTS. BOTH OF THE PROJECTS AND MOVING SIMULTANEOUSLY SURVEYING IS NEARLY COMPLETE THEIR TOUCHING UP A FEW THINGS HERE AND THERE. GEOTECHNICAL STUDIES ARE FINISHED IN CRATER ROAD FOR THE WASTEWATER FORCE MAIN. THE ELEVATED WATER TANK YOU TECHNICAL REPORT AS SCHEDULED. THEY HAVEN'T WE DON'T HAVE ACCESS TO THE PROPERTY QUITE YET, BUT WE EXPECT TO HAVE THAT THIS WEEK. AH 30% PLANS OR DO IT IN THE JUNE SO WE'LL BE ABLE TO NEXT NEXT WORK SESSION. WE SHOULD BE ABLE TO PRESENT SOMETHING ON THAT, UH, WE'RE STILL ON SCHEDULE WILL SHARE THE SCHEDULE. NEXT SLIDE, BUT THE STILL ON SCHEDULE GROUND FORBIDDEN NOVEMBER 23. THAT IS THE GOAL. AND UH, WE WE'VE LOOKED AT PRE PURCHASE OF MATERIAL EVERYTHING WE CAN TO MAKE THINGS HAPPEN. IT WAS INTERESTING TURNED OUT THE PRE PURCHASE OF MATERIAL PROBABLY WON'T HAPPEN WELL WILL NOT HAPPEN WITH THE WATER MAIN AND THE TANK. IT DOESN'T SAVE ANY TIME. IT TURNS OUT THAT WHAT A PRODUCT IS READILY AVAILABLE.

FOR OUR SIZE WATER MAIN. IT'S TOO WEAK DELIVERIES OF DOESN'T SAVE ANY TIME COSTS. SO IT'S A BETTER NOT TO THE FORCE MAY WILL HAVE AN ANSWER ON THAT END OF THE WEEK FROM TIMMINS. UH WE'RE CONTINUING TO MONITOR THOSE ISSUES TO MAKE SURE WE HAVE NO SNAGS AND THE SUPPLY CHAIN AS WE GO TO CONSTRUCTION, REVIEWING LIKE THE REVIEWING PROGRESS MEETINGS WEEKLY WITH CONSULTANTS AND, UH AND THE CITY STAFF. THE ROUTES HAVE BEEN DETERMINED. RIGHT NOW. WE HAVE PRELIMINARY PLANS WITH ROUTING SHOWN. THERE. THERE THERE. UH SO WE'RE THINGS ARE MOVING VERY, VERY RAPIDLY.

HALF AND STILL MEETING THE SCHEDULE REQUIREMENTS. FOR THE GRANT FUNDING AGENCIES. SO WE LOOK AT THE. THE NEXT SLIDE. THERE WE GO. SO LOOKING AT THE SCHEDULE. UM. THE ONLY ADJUSTMENT IN THIS SCHEDULE SINCE THE LAST ONE I PRESENTED A MONTH AGO WAS THE DESIGN TIME FOR THE ELEVATED WATER TANK HAS BEEN IT HAS BEEN, UH STRETCHED OUT A LITTLE BIT AS WE'RE GETTING ACCESS TO THE TANK SITE. IT DOESN'T AFFECT THE OVERALL SCHEDULE. IT DOESN'T AFFECT THE COMPLETION. THEY, BUT YOU'LL NOTICE THAT THAT THAT'S A LITTLE DIFFERENT. BUT WE ARE STILL INTEND TO GO OUT FOR BID ON THAT PROJECT AND THE AUGUST BEGINNING OF SEPTEMBER. THE OTHER PROJECTS THAT GO OUT FOR BID AND NOVEMBER OF THIS YEAR. SO THERE'LL BE A LOT OF WORK GOING ON, UM STARTED THE NEW YEAR. GOING ON OUT THERE SO AND EVERYTHING SHOULD BE IN SERVICE BY THE NOVEMBER 25. AND

[01:35:10]

I'M AVAILABLE FOR QUESTIONS, OF COURSE. OKAY THANK YOU SO MUCH. WE'VE BEEN SEEING A LOT OF THAT WORK. I KNOW I WILL CREATE A ROVER WE'RE SEEING THE SURVEY IS OUT THERE DAILY. MARKING OFF CRATER ROAD PREPARING UM NEXT. MANY QUESTIONS FROM MEMBERS OF COUNCIL UM COUNCILMAN JONES. HOW YOU DOING? I'M TRYING, COUNCILMAN. WITH THE WATER MEANS IN THE LINES ALREADY. DETERMINED MHM. QUESTION ABOUT. MEANS GOING THROUGH THE PROPERTY OF PRESIDENTS DOWN ON EAST WASHINGTON STREET AREA. IS THAT TRUE? OR WE COULD TAKING ANYBODY'S PROPERTY OR CUTTING THROUGH THE YARD. ANYTHING LIKE THAT. THERE'S NO NO WE'LL GET FINAL ALIGNMENTS. BUT NO, THERE ARE NO PLANS TO TAKE ANY EASEMENTS FROM ANYBODY. AT THE MOMENT. THERE IS ONE EASEMENT AT ABC DISTRIBUTORS RIGHT AT THE RAILROAD TRACK AND THE AND GREATER THAT THERE'S AN EXISTING WATER MAIN THAT GOES ON THERE. WE WANT TO PARALLEL IT. SO WE'RE MEETING WITH THEM TO THE IT'S A IT'S REALLY NOT LEGAL. IT'S NOT AN EASEMENT PER SE, BUT IT'S AN AGREEMENT THAT THE CITY MADE WITH THEM AND THEN FIFTIES WHEN IT WAS MORE IS LUMBER. AND, UH, AND THEY GAVE PERMISSION TO PUT ANYTHING WE WANT ON THAT PROPERTY, BUT WE NEED TO REAFFIRM THAT WE'RE JUST NOT GOING TO SHOW UP AND START BUILDING ON THEIR PROPERTY WITHOUT DEAL WITH THEM TODAY.

BUT NO NO INTENTIONS ON WASHINGTON'S FORCED MANGOES DOWN TOWARDS THE RIVER. WE'RE GOING DOWN CRATER. AND THEN THE I FORGET WHAT WE'RE CUTTING OVER AND I FORGET THE ROAD, BUT IT'S NOT WASHINGTON. IT'S ALL RIGHT. THANK YOU. THANK YOU. QUESTION COUNSELOR COVER, IF ANY QUESTIONS ON FOUR CREEK NO. MR BAILEY. THANK YOU, OKAY. THANK YOU. ALRIGHT ALRIGHT. THANK YOU.

SO MUCH FOR THE REPORTING ALL YOU DO TO HELP KEEP THIS PROJECT MOVING FORWARD WE THANK YOU MUCH

[12. Streets]

FAST. THANK YOU VERY MUCH. IT'S PLEASURE. THANK YOU. NEXT WE MOVE ON THE STREETS ITEM, A NEIGHBORHOOD TRAFFIC MANAGEMENT PROGRAM PRESENTATION. LANCE. GOOD EVENING. GOOD EVENING, HONORABLE MAYOR COUNCIL MEMBERS MEMBER OF THE LANCE AND THE GENERAL MANAGER FOR THE STREET OPERATIONS DIVISION. TONIGHT. I WANT TO GIVE YOU JUST A BRIEF UPDATE ON WHERE WE ARE WITH THE NEIGHBORHOOD TRAFFIC MANAGEMENT PROGRAM DEVELOPMENT. SO IF WE CAN MOVE ONTO THE NEXT LINE, PLEASE SO THE CITY OF PETERSBURG DEPARTMENT OF PUBLIC WORKS WERE COMMITTED. MAKING UP SERIOUS, HONEST EFFORT TO IMPROVING THE SAFETY AND THE CITY'S ROADWAYS AND THE NETWORK SYSTEM THAT SUPPORTS IT. TO ACCOMPLISH THAT WE'RE GOING TO USE RESOURCES SUCH AS THE V DOT TRAFFIC CALMING GUIDE. WELL. FOR NEIGHBORHOOD STREETS. WE'RE ALSO GOING TO BE LOOKING TO THE FEDERAL HIGHWAY ADMINISTRATION TRAFFIC CALMING PRIMER. THE INSTITUTE OF TRANSPORTATIONS ENGINEER TRAFFIC CALL ME MEASURE GUIDELINES. AND, OF COURSE WE ALWAYS USE THE M U. T C D, WHICH IS THE MANUAL OF UNION FOREIGN TRAFFIC CONTROL DEVICES, THE METHODOLOGIES AND THE GUIDELINES DEFINING THESE SOURCES WILL BE USED IN CONJUNCTION WITH ESTABLISHED ENGINEERING PRACTICES. TO INFORM THE PETERSBURG NEIGHBORHOOD TRAFFIC MANAGEMENT PROGRAM. NEXT SLIDE, PLEASE. NOW AS PART OF THE DEVELOPMENT WHAT WE WANT TO DO THE CITY OF PETERSBURG WHERE UTILIZE A COMPREHENSIVE SPEED MANAGEMENT APPROACH TO ADDRESSING ADDRESSING TRAFFIC CALMING CONCERNS. THE COMPREHENSIVE APPROACH WILL BE DEFINED IN THE APPROVED PETERSBURG IN TMP. CITY CITIZENS COUNCIL MEMBERS, CITY STAFF WILL BE ABLE TO SUBMIT TRAFFIC CALMING REQUEST. THROUGH THE APPROVED PROCESS. EACH TRAFFIC CALMING REQUEST WILL BE TAKEN SERIOUSLY. WE WILL GO THROUGH EACH ONE. BUT I DO A SAME ENGINEERING EVALUATION PROCESS ON EACH AND EVERYONE FIGHT. FIGHT VISITS WILL BE CONDUCTED TO OBSERVE EXISTING CONDITIONS.

WE WILL COLLECT GEOMETRIC DATA AND WE WERE PHOTO DOCUMENT EACH LOCATION. CRASH DATA AS WELL AS ANY EXISTING TRAFFIC SPEED DATA AND VOLUME DATA WILL BE REVIEWED AS PART OF THE REVIEW PROCESS.

PRELIMINARY ASSESSMENTS ULTIMATELY MAY LEAD TO A FULL ENGINEERING EVALUATION. THE TRAFFIC COMEDY REQUEST. FUNDING WILL BE IDENTIFIED AND ALLOCATED FOR EACH OF RUDY PROJECT BEFORE IT IS PROGRAMMED FOR DESIGN AND CONSTRUCTION. EXCELLENT, PLEASE. NOW. KEEP IN MIND THAT WE'RE

[01:40:10]

STILL IN DEVELOPING AND REFINING THE PROGRAM. BUT THE KEY ELEMENTS THAT WE'VE IDENTIFIED SO FAR AS WE WANT TO HAVE A CLEAR TRAFFIC COMEDY PHILOSOPHY FOR THE CITY. NO, IT WILL MIRROR AND BE SIMILAR TO WHAT OTHER CITIES ARE USING. BUT IT WILL BE SPECIALIZED FOR PETERSBURG. BUT THERE WILL BE A CLEAR PLANNING PROCESS TO FIND THAT WILL BE BASICALLY REQUEST INITIATION PROCESSES. THERE WOULD BE PRELIMINARY ASSESSMENTS FOR EACH OF THESE. WHEN DEEMED NECESSARY . WE WILL MOVE TO A FULL ASSESSMENT. DURING THAT PROCESS , WE WILL COME UP WITH RECOMMENDATIONS FOR IMPROVEMENTS FOR EACH SPECIFIC LOCATIONS. THEY WILL BE PRIORITIZED IN THE PROJECT IMPLEMENTATION WILL OCCUR. WE WILL BE USING AS PART OF THE OVERALL PHILOSOPHY.

BASICALLY TWO LEVELS OF APPROACHES LEVEL ONE APPROACHES , OR THEY'RE FAIRLY EASY ONES THAT WE CAN ACCOMPLISH IN THE STREET. OPERATIONS DIVISION THINGS SUCH AS SIGNAGE. PAVEMENT MARKINGS. THOSE ARE DECISIONS THAT ARE EASILY MADE AND CAN BE AUTHORIZED THE STREET OPERATIONS DIVISION. LEVEL TWO STRATEGIES REQUIRE MORE INTENSE. ANALYSIS TO DETERMINE WHAT'S THE BEST APPROACH TO USE TO ADDRESS THE TRAFFIC COMMON ISSUE. FOR EXAMPLE, ONE OF THE LEVEL ONE STRATEGIES IS TO BASICALLY USE AN ENFORCEMENT STRATEGY WE CAN COMMUNICATE WITH THE PETERSBURG POLICE DEPARTMENT. AND ALSO TRY TO GET. IMPROVEMENTS IN THE BEHAVIOR THAT NEGATIVE SPEEDING BEHAVIOR THAT WE WANT TO GET RID OF. THE POLICE DEPARTMENT CAN BE VERY EFFECTIVE IN DOING THAT.

ANOTHER THING BECAUSE WE WILL CONTINUE TO LOOK AT THINGS LIKE MOBILE SPEED TRAILERS, AUTOMATED SPEED ENFORCEMENT. OTHER LEVEL ONE STRATEGY THAT CAN BE HELPFUL IS COMING UP WITH SAFETY PROGRAMS THAT WE CAN IMPLEMENT IN THE COMMUNITY. AND ALSO AT SCHOOLS. I DON'T KNOW, RIGHT NOW THAT THE CITY HAS ANY SPEED EDUCATION PROGRAM IN ANY OF THE SCHOOLS, AND IT MIGHT BE HELPFUL TO START THAT DIALOGUE WITH THE SCHOOLS. OF COURSE, SPEED AWARENESS SIGNS CAN ALWAYS BE USED IN COMMUNITIES TO ENCOURAGE BETTER BEHAVIOR. FOR EXAMPLE, YOU KNOW, THE I THINK A LOT OF US HAVE PROBABLY SEEN THE SIGNS THAT SLOW DOWN KIDS AT PLAY SLOW DOWN. WE LOVE OUR CHILDREN, SO THOSE MAY BE EFFECTIVE IN CERTAIN LOCATIONS. ADDITIONAL LEVEL ONE SIGNINGS, OF COURSE, AND SPEED LIMIT SIGNS WARNING SIGNS ALWAYS STOP CONTROLS. UH THE BASKET. WE'VE STOPPED SIDE PATTERN YOU MAY OR MAY NOT BE FAMILIAR WITH IT. BUT THAT CAN ALSO BE EFFECTIVE IN CERTAIN COMMUNITIES. WHERE BASICALLY IF YOU HAVE A GRID OF STREETS IN A NEIGHBORHOOD YOU MAY BE ABLE TO ADD ADDITIONAL STOP SIGNS THAT FORCE EACH OF THE DRIVERS TO CONSIDER WHETHER THEY NEED TO STOP AT THAT LOCATION. OF COURSE , FLASHING BEACONS. THEY CAN BE USED TO BRING ATTENTION TO AREAS WHERE AGAIN WE'RE MAYBE HAVE CHILDREN, PLANES, SCHOOLS, ETCETERA, AND THAT CAN ALSO BE AFFECTED. AS DISCUSSED IN PRETTY MUCH. FOR A LONG PERIOD OF TIME. NOW WE NEED TO LOOK AT THAT SPEED FIND PROGRAM. IT'S MY UNDERSTANDING THAT THAT IS BEING ADDRESSED. ELSEWHERE WITHIN THE CITY. LEVEL TWO SPEED TABLES. SPEED TABLES CAN DEFINITELY BE A VERY EFFECTIVE METHOD OF SLOWING DOWN TRAFFIC, THEY ARE BEING BECOMING MORE ACCEPTABLE THROUGHOUT THE REGION. IT WILL BE INCORPORATED INTO THE NEIGHBORHOOD TRAFFIC MANAGEMENT PROGRAM IS ONE OF THE POSSIBLE TOOLS. ANOTHER THING THAT CAN BE QUITE USEFUL AND DEFINITELY INCREASED. SAFETY IS THE RAISED PEDESTRIAN CROSSWALKS, WHICH IN EFFECT IS JUST ANOTHER FORM OF THE SPEED TABLE. BUT IT'S ALSO INCORPORATED AT THE POINT WHERE YOU HAVE A PEDESTRIANS CROSSING , SO IT PROVIDES ADDITIONAL VISIBILITY FOR THE DRIVERS THAT THEY NEED TO SLOW DOWN. IT BRINGS ATTENTION THAT IT IS A PEDESTRIAN CROSSWALK, SO IN EFFECT THAT SHOULD IMPROVE THE SAFETY FOR THE PEDESTRIANS.

ANOTHER TOOL, WHICH WOULD PROBABLY AT THIS TIME HAVE LIMITED LOCATION IN THE CITY OF PETERSBURG WOULD BE TRAFFIC CIRCLES IN NEIGHBORHOODS AND THESE WOULD BE SMALL TRAFFIC CIRCLES. BUT I THINK IT IS DEFINITELY SOMETHING WE NEED TO KEEP IN OUR TOOL KIT AS WE MOVE FORWARD WITH TRYING TO MANAGE TRAFFIC MANAGEMENT IS THE CITY GROWS AS PART OF THE

[01:45:01]

COMPREHENSIVE DEVELOPMENT PLANS FOR THE CITY. ALL OF THESE SORT OF THINGS NEED TO BE LOOKED AT.

ANOTHER THING, WHICH IS A LEVEL TWO ITEM. IS THE ROADWAY RECONFIGURATION AND IN THE SIMPLEST TERMS WHAT WHAT THAT MEANS IS YOU LOOK AT A SECTION OF ROADWAY THAT C HAS THREE LANES. DOUG AND THIS IS JUST FOR DISCUSSIONS SAKE. BUT LET'S SAY YOU WERE LOOKING AT WESTBOUND, UH, WEST WASHINGTON STREET. YOU KNOW, WE NEED TO CONSIDER WHETHER WE NEED ALL THOSE LANES THERE OR WHETHER IT WOULD BE BETTER TO MAYBE REDUCE LANES. ADD POSSIBLE A DEDICATED LANE FOR BIKE TRAFFIC. MAYBE EXCLUDE CERTAIN SECTIONS OF THE ROADWAYS . AND NOW THE ROAD IS BASICALLY AFFECTIVELY NARROWED. WHICH BY THE VERY NATURE HAS A TENDENCY TO SLOW DRIVERS DOWN BECAUSE THEY'RE TRYING TO DECIDE WHETHER IT'S SAFE FOR THEM TO DRIVE AT A CERTAIN SPEED. COURSE, FINALLY, IS TRAFFIC SIGNAL COORDINATION AND TIMING. OPTIMIZATION CAN BE A VERY EFFECTIVE TOOL AND CURRENTLY NOWHERE IN THE CITY THAT I KNOW AFTER WE HAVE FOUR TRAFFIC SIGNAL, COORDINATION AND TIMING, OPTIMIZATION. WE HAVE RECENTLY PUT IN SOME GPS UNITS TO IMPROVE. THE COORDINATION TIMING SEQUENCE ON WEST WASHINGTON STREET. BUT THAT'S ONLY. PROBABLY THE BEST WAY TO DESCRIBE IT. THAT'S SORT OF A FIRST LEVEL SIGNAL TIMING. COORDINATION EFFECT, BECAUSE BASICALLY ALL YOU DO IS SINKING THE CLOCKS UP IN EACH OF THE CONTROLLERS. SO THEY ALL HAVE THE SAME TIME. SO AS THEY RUN THE TIME OF DAY PLANS FOR THE SIGNAL TIMING, THEN THEY ALL KNOW ACT BIG ACCURATELY WHAT THE TIME OF DAY IS. AND THAT THAT IMPROVES THE TRAFFIC FLOW IN IMPROVED THE IMPLEMENTATION OF THE TIME OF DAY PLANS. NEXT SLIDE, PLEASE. NOW THESE NEXT SLIDE OR BASICALLY SOME OF THE EXAMPLES OF THINGS THAT WE'VE ALREADY DONE. TO IMPROVE RAILWAY SAFETY. MY OFFICE WAS CONTACTED BACK IN NOVEMBER. BY A CITIZEN THAT WAS REALLY CONCERNED ABOUT FOURTHLY ROAD IN PARTICULAR WHERE THE S TURNS WERE WHEN I DON'T WENT OUT AND DID THE FIELD SURVEY THINGS WERE OBVIOUS TO ME THAT, UH, WE NEED TO MAKE IMPROVEMENTS. SO THE LAST BASICALLY FIVE PLUS MONTHS. WE HAVE DONE THAT, UM, A FEW WEEKS AGO, WE FINALLY DID. THE FINAL ELEMENT, WHICH WAS IMPROVING THE ROADWAY MARKINGS BECAUSE THEY WERE VIRTUALLY NON EXISTENT. THE CORNER. THERE'S SOME FINAL MARKINGS THAT NEED TO BE PUT IN USING WHAT THEY CALL THERMOPLASTIC TECHNOLOGY, WHICH IS A LONGER DURATION AND HAS HIGH VISIBILITY FOR THOSE CURVES. BUT AS YOU CAN SEE, THERE THAT SIGN IS SHOWING A SHARP RIGHT HAND TURN BEFORE THEY WERE SHOWING US SOFT COURAGE. AND THAT WAS AN INAPPROPRIATE SCIENCE FOR THAT LOCATION. THE SECOND SIGN TO THE RIGHT THERE ON NORTH SYCAMORE STREET. WHERE WE HAVE THE BUMP OUT AT THE PEDESTRIAN CROSSING. THERE WAS NOT ENOUGH SIGNS THERE TO MAKE IT NOTICEABLE IS MOTORIST APPROACH. SO WE PUT SIGNAGE ON BOTH SIDES OF THAT FROM BOTH THE NORTH AND EXCUSE ME SOUTH DONT TRAFFIC SO THAT SO THAT IT WAS EASILY RECOGNIZABLE THAT THERE WAS A CROSSWALK THERE AND ALSO THAT THERE WAS AN OBSTRUCTION IN THE ROAD. BUT THAT LOWER PORTION OF THAT SIGN IN THE YELLOW AND BLACK IS THE INDICATING THAT THAT'S AN OBSTRUCTION AND IT'S CLEARLY VISIBLE WITH A GOOD LINE OF SIGHT, AND THAT SHOULD PREVENT ANY ALERT DRIVER. TRAVELING ANYWHERE NEAR THE 25 MILE AN HOUR SPEED LIMIT THAT THEY NEED TO BE CAREFUL AT THAT LOCATION.

NEXT SLIDE, PLEASE. BECAUSE SOME OF YOU MAY RECALL OVER THE LAST . PROBABLY 16 MONTHS. THERE'S BEEN AN EMPHASIS ON ALWAYS STOPS. LIBERTY STREET AND HARRISON STREET. THOSE WERE IMPLEMENTED AND THAT'S JUST ONE OF THE MANY LOCATIONS WHERE WE'VE DONE THIS. REPORTS THAT I'M GETTING IS THAT IT IS AFFECTIVE. I KNOW INITIALLY WHEN IT WAS FIRST PUT UP THAT SOME OF THE DRIVERS FOR WHATEVER REASON, CHOSE TO IGNORE IT. BUT WHAT I HAVE NOTICED IN RECENT MONTHS WHEN I CRUMBS THE THERE IS, IT SEEMS LIKE MORE AND MORE THAN TRAFFIC IS DOING WHAT YOU WOULD WANT THEM TO DO AND THAT SLOW DOWN AND STOP. THIS IS APPEARS TO BE TRUE AT SOME OF THE OTHER LOCATIONS AS WELL. HOLLY HILL DRIVE IS AN EXAMPLE OF ONE OF THE ELECTRONIC NOTIFICATION SIGNS THAT HAS BEEN DEPLOYED. HOPEFULLY, THAT'S BEEN EFFECTIVE AS WELL. SOME DRIVERS, FOR WHATEVER REASON SEEMED TO RIGHT TO USE THAT AS A TOY AND SEE HOW FAST THEY CAN GO THROUGH THAT,

[01:50:03]

BUT THAT'S WHERE POLICE ENFORCEMENT WOULD BE VERY HELPFUL. NEXT SLIDE, PLEASE. AND OF COURSE, WE HAVE SPEED TABLES . SPEED TABLES CAN BE VERY EFFECTIVE. I TOOK A FIELD TRIP TO THE CITY OF RICHMOND LAST WEEK. AND SPENT THREE HOURS DOING AN IN DEPTH. TOUR OF ALL THE NEW SPEED TABLES THAT WERE THEY WERE INSTALLED. I WAS PLEASED TO SEE THAT FOR THE MOST PART, THEY WERE GETTING THE DESIRED EFFECT. IT WAS REALLY TRAGIC WOULD HAPPEN UP IN THE VCU AREA. AND THE TWO ADDITIONAL . SPEED TABLES THAT WERE INSTALLED AFTER THOSE INJURIES AND DEATHS UP THERE. WERE ADDED TO THE PRE ALREADY PROGRAMMED SPEED TABLES THAT THE CITY OF RICHMOND HAD PLANNED TO PUT IN ON THOSE STREETS. WHICH WORD REMEMBER THAT WAS FRANKLIN STREET CARRY STREET. WEST MAIN STREET. WHERE THEY WERE GOING TO PUT IN THOSE ADDITIONAL. WE'RE PUTTING IN THE SPEED TABLES AND ALSO DECIDED TO PUT INTO MORE AT THE REQUEST OF THESE THE HERE.

THOSE ARE TWO EXAMPLES THERE. ONE OF THEM IS A MORE PERMANENT ONE AND TO ASK FOR MORE EXPENSIVE, BUT IT'S HAS HIGH DURABILITY. THE OTHER ONE IS A RUBBERIZED SPEED TABLE, WHICH ALSO HAS HIGH DURABILITY, BUT NOT AS MUCH AS A START. NEXT SLIDE, PLEASE. AND THEN HERE'S THE TRAFFIC CIRCLE THAT I CAPTURED OVER ONE FLOYD AVENUE AND YOU NOTICE IT'S THAT LOCATION OF RIGHT SCHOOL. AND AGAIN, THESE CAN BE VERY EFFECTIVE DEVICES BECAUSE DRIVERS HAVE A NATURAL TENDENCY AS YOU DRIVING. IF YOU SEE SOMETHING IN THE ROAD, YOU TEND TO DRIVE AWAY FROM IT. HE ALSO SLOWED DOWN TO MAKE SURE YOU CAN MAKE YOUR MAKE YOUR PASSAGE PAST OR WHATEVER IT MAY BE. SO THOSE ARE THE THINGS THAT IN SOME COMMUNITIES HERE IN PETERSBURG WE MAY BE ABLE TO IMPLEMENT IN THE FUTURE. ON AND THERE'S ANOTHER EXAMPLE OF A RAISED PEDESTRIAN CROSSWALK. NEXT SLIDE, PLEASE. OKAY. AND THIS IS THE ONE TO THE LEFT IS THE EXAMPLE OF THE ROADWAY RECONFIGURATION, WHICH BASICALLY WHERE THEY TOOK MULTILANE ROAD AND TURNED IT INTO. ONE LANE IN EACH DIRECTION. AND THEN. BASICALLY YOU'RE WHAT YOU'RE DOING. YOU'RE RATIONING THE ROADWAY BY RESTRICTING THAT MIDDLE LANE. WHICH IN EFFECT, THERE IS A ROAD AND YOU GET SLOWER SPEEDS. FRIENDLY. ONE TO THE RIGHT IS AN EXAMPLE OF A CURB EXTENSION, WHICH AGAIN WE COULD LOOK AT. DOING THIS IN SOME PLACES IN THE CITY. ONE THAT CAME TO MIND AND I'M NOT SAYING WE COULD DO THIS, BUT IT'S SOMETHING WE COULD DEFINITELY LOOK AT, AND THAT WOULD BE THERE AT THE INTERSECTION. MARKET STREET BASICALLY RIGHT UP THE CORNER. IT MAY BE SOMETHING IN THE FUTURE AS WE DO ROADWAY DESIGN THAT MAY BE VERY EFFECTIVE. NEXT LINE, PLEASE. OKAY AND MY OFFICE WAS ALSO ASKED TO LOOK AT A COUPLE OF LOCATIONS AND I WON'T READ THROUGH EACH OF THESE STEPS BECAUSE THEY'RE PRETTY MUCH THE SAME FOR BOTH. IT'S THE PROCESS THAT WE USE PRETTY MUCH EVERY TIME WE GET A REQUEST. I SAID WE'RE GONNA LOOK AT THE REQUEST. WE'LL LOOK IF THERE'S ANY EXISTING CRASH DATA AVAILABLE FEARS CRASH DATA WE WANT OBTAIN IT REVIEW IT. WE WILL LOOK AT TRAFFIC VOLUME AND SPEED DATA AVAILABLE. WE WOULD DO SOME SORT OF PRELIMINARY ASSESSMENT AND IF THE DATA IS KIND OF REFLECTING THAT, WE NEED TO DO A MORE IN DEPTH. FULL ENGINEERING ASSESSMENT. WE WILL DO THAT AS WELL. WHERE POSSIBLE, IF IT LOOKS LIKE IT WOULD DO THE EFFECTIVE WE WOULD PUT IN THE LEVEL ONE TYPE OF, UH IMPROVEMENTS AND THERE ON THE EAST FILLMORE STREET. I THINK SIGNAGE DEFINITELY NEEDS TO BE LOOKED AT. ULTIMATELY IF WE DO A FULL ASSESSMENT ON EAST FILLMORE STREET RECOMMENDATIONS WILL BE SENT TO THE DIRECTOR OF PUBLIC WORKS FOR A FINAL DECISION ON WHAT TO BE DONE. AND PRETTY MUCH THE SAME THING WOULD OCCUR ON LOW STREET. I HAVE REACHED OUT TO THE POLICE DEPARTMENT. AND ASKED. CHIEF IF HE COULD PUT SOME FOCUSED ATTENTION. ON THOSE TWO LOCATION, AND HE HAS RESPONDED FAVORABLY SO HELP HOPEFULLY IN THE NEAR FUTURE THAT CAN BE DONE AS AS WELL DONE HELP OUT. EX SLIDE, PLEASE. ANYONE HAVE ANY QUESTIONS? RIGHT THANK YOU, MR LANCE QUESTION. COUNCILMAN WESTBROOK. THANK YOU FOR THAT PRESENTATION AND THANK

[01:55:07]

YOU FOR DEFINITELY THAT PAVING OF THE ROADWAY SIGNS ON DEFENSE ROAD ALL THE WAY TO FORT LEE ROAD THAT DID GET A LOT OF RESPONSES FROM THE COMMUNITY ABOUT, UM, MIGHT BE A FORWARD THINKING QUESTION, BUT BECAUSE I WILL NOT BE AT THE NEXT MEETING . UM I DID LIKE THE ROADWAY CONFIGURATION, ESPECIALLY AS IT RELATES TO IF WE IMPLEMENT THE BIRD SCOOTERS, ESPECIALLY ON WEST WASHINGTON STREET AS YOU KEPT BRINGING UP. UM DO YOU HAVE ANY THOUGHTS ON HOW THAT WITH THE BIRD SCOOTERS WOULD BE EFFECTIVE OR EFFICIENT OUTSIDE OF THE DOWNTOWN AREA WITHOUT A DESIGNATED BIKE LANE. AND IN OTHER PLACES OF THE CITY AS WELL, MAYBE, LIKE EVEN ON EAST WASHINGTON STREET. MY RESPONSE WOULD HAVE TO BE I WOULD HAVE TO SORT OF BE CAREFUL TO GIVE A RESPONSE BECAUSE I'M NOT A TRAFFIC ENGINEER. I HAVE A LOT OF TRAFFIC ENGINEERING EXPERIENCE. SO I WOULD I WOULD SUGGEST THAT IT WOULD BE PRUDENT FOR THE CITY OF PETERSBURG.

ACTUALLY, THEY HAVE TRAFFIC ENGINEERING FIRM. ACTUALLY LOOK AT SOME OF THESE ISSUES LIKE THAT AND PROVIDE FORMAL RECOMMENDATIONS. AS AN EXAMPLE. I HAVE ANOTHER STREET HERE IN THE IN THE CORE BUSINESS DISTRICT THAT I'VE HAD A CONVERSATION WITH THE CITY MANAGER THAT I HAVE ALREADY GIVEN THE SIMILAR RECOMMENDATION THAT WE NEED TO HAVE AN ENGINEERING FIRM. COME IN AND DO SOME SERIOUS ANALYSIS AND PROVIDE A RECOMMENDATION ON HOW TO IMPROVE SAFETY ON THAT ROAD, RIGHT? BUT THAT'S A GOOD QUESTION, AND I'LL MAKE A NOTE OF IT AND START RESEARCHING IT AS WELL. AND ONE OTHER QUESTION IS, IS IT STILL RELATES TO THE WHOLE DEFENSE ROAD ALL THE WAY TO UM FOR THE ROAD BEING THE DEATHS A COBBLESTONE ROAD A LOT OF TIMES WHEN IT GETS REAL SLICK. PEOPLE DON'T REALLY RESPECT THE SPEED UNTIL THEY'RE SLIDING INTO THE WOODS. BUT I WAS TOLD THAT THAT'S FEDERAL. THE FEDERAL GOVERNMENT HANDLED THAT MORE THAN CITIES. COULD YOU GIVE ME A CLARIFICATION ON THAT ? I THINK IT ONE TIME THAT WAS TRUE. BECAUSE HE YOU'RE TALKING ABOUT FROM FROM DEFENSE ROAD FROM BAYARD ALL THE WAY DOWN TO SQUIRREL LEVEL. PRETTY MUCH FROM LET'S SAY FROM LEGENDS PARK ALL THE WAY DOWN PAST SQUIRREL LEVEL. ALL THE WAY ALL THE WAY AROUND TO FORT LEE ROAD? YES THAT THIS CITY MAINTAINS THAT I IT WAS BEFORE MY TIME, BUT APPARENTLY AT SOME POINT THE FEDERAL GOVERNMENT WAS INVOLVED WITH THAT SECTION OF THE ROADWAY, BUT STREET OPERATIONS DIVISION MAINTAINS IT NOW.

THAT'S WHY IT'S STILL MORE OF THE I GUESS. YOU CALL IT THE PEBBLE STONE INSTEAD OF PAVED.

IT'S VERY REMINISCENT OF, SAY, YORKTOWN PARK RAT. AND IF YOU'VE BEEN THERE. PEOPLE JUST HAVE A HABIT OF SLIDING RIGHT DIRECT RIGHT, COMING IN AND OUT OF RAMBLEWOOD. THEY JUST PUT UP NEW SIGNS FOR THAT CURVE AS WELL BUT SLIDE INTO. YEAH. AND. THAT'S THAT ROADWAY REAL GLAD THAT WE WERE ABLE TO DO THE PAVEMENT MARKING ON THAT. UM THAT ACCIDENT OCCURRED. I THINK IT WAS LAST WEEK, SOMEONE SLID OFF THERE AND ACTUALLY HIT ONE OF THE SIGNS. AND YOU KNOW, I'D LIKE TO KNOW MORE OF THE DETAILS. MY GUESS IS IT WAS PROBABLY BECAUSE THEY WOULDN'T EXCEEDING THE SAFE SPEED, BUT I KNOW DOWN IN THE S TURNS. UH I WANT TO DO SOMETHING IMPROVEMENTS THERE BECAUSE THE EXISTING WARNING DEVICES THAT WE HAVE YOU KNOW, THEY'RE OKAY. BUT I HAVE A PREFERENCE FOR THE LARGER WHAT THEY CALLED THE CHEVRON SIGNS LIKE WE DID ON FORT LEE ROAD, THE BIG ORANGE ONES WITH THE BLACK GIRLS BECAUSE THERE WEREN'T THERE ARE LARGER SIGN AND WE NEED QUITE A FEW OF THEM INSTALLED THERE BECAUSE IN PARTICULARLY THEY GO DOWN THAT AS TURN. THERE'S REAL POTENTIAL FOR PEOPLE THAT AREN'T FAMILIAR WITH THAT ROAD TO MAKE A MISTAKE AND END UP IN A IN A BAD SITUATION. CALVIN WESTBROOK . I JUST WANTED TO TAKE IT BACK BECAUSE YOU TO 19. NANNY TOO ON MY WAY TO PETERSBURG HAD ME AND MY FRIEND JEFF WAS IN FRONT OF ME DRIVING HIS 82 REGAL. HIS FATHER JUST GAVE HER THE V EIGHT ENGINE AND I CAN REMEMBER HIM SLIDING STRAIGHT THROUGH THE WOODS THAT RAMBLEWOOD FLYING AND WE END UP HAVING TO PUSH THAT CAR OUT OF THE WOODS AND THEN GO TO SCHOOL, SO THEREFORE SOMETHING NEEDS TO BE DONE TO SLOW PEOPLE DOWN. BECAUSE THEY DON'T UNDERSTAND THAT TURN YOU WILL GO STRAIGHT THROUGH THOSE WOODS. IF YOU'RE SPEEDING ON A WET DAY, AND YOU CAN'T STOP NEXT, COUNCILMAN CUPPER. THANK YOU, MR MAYOR. LET ME. TRY TO READ EVERYBODY'S MIND HERE. AH! WHAT IS THE NEXT STEP TO BE TAKEN? AND WHEN WILL IT BE TAKEN? AS FAR AS THE NEIGHBORHOOD TRAFFIC MANAGEMENT

[02:00:01]

PROGRAM. YES SIR. OKAY IT'S BASICALLY STILL IN DEVELOPMENT THAT I KNOW, I SAID BACK IN MARCH. THAT I ANTICIPATED TAKE THREE MONTHS TO GET TO WHERE WE ARE NOW AND ANOTHER THREE MONTHS I ANTICIPATING SEPTEMBER THAT WILL HAVE A DOCUMENT THAT WILL HAVE BEEN REVIEWED BY THE CITY MANAGER AND THE NEW DIRECTOR OF PUBLIC WORKS, AND THEN HOPEFULLY WE CAN PUT IT INTO PLACE. ALL RIGHT. WELL, I'M GONNA PUT I'M GONNA MAKE A NOTE. I'M GOING TO CREATE AN ELECTRONIC FOLDER IN MY COMPUTER. FOR THE BUSINESS MEETING IN SEPTEMBER. AND MY NOTE IS GOING TO SAY EXPECT, MR REGGIE LANCE. TO PRESENT TRAFFIC MANAGEMENT. TRAFFIC. NEIGHBORHOOD TRAFFIC MANAGEMENT PROGRAM. SO, UH, PLEASE DON'T DO NOT DISAPPOINT ME. I AM. I'M HERE TO SERVE AND WHEN THEY KNEW DIRECTOR OF PUBLIC WORKS, REVIEWS IT AND HOPEFULLY NOT MANY CHANGES WILL BE NEEDED THAT HE CAN REFER IT TO THE CITY MANAGER AND EVERYBODY CAN BE AN AGREEMENT AND WE CAN MOVE FORWARD WITH IT. WE'RE GOOD. WE'RE GOOD. WELL, I'M COUNTING ON IT. AND I APPRECIATE IT, AND I APPRECIATE YOU BEING OPEN TO ALL THE OPTIONS. I WOULD PUT IT. MAKE A COMMENT, THOUGH I DON'T THINK SPEED ENFORCEMENT UNLESS IT'S AUTOMATED AS IN CAMERAS AS IN BY THE AROMATICS REGIONAL GOVERNORS SCHOOL. I DON'T THINK IT'S WE CAN COUNT ON IT. I KNOW, UM, LOBBIED HARD. DURING THE FISCAL YEAR THAT IS NOW ENDING. AH! FOR A BUDGET. UH, LAND ITEM. TO MAKE, UH. TO CREATE A TRAFFIC ENFORCEMENT UNIT WITHIN THE POLICE DEPARTMENT. AND IT IT HASN'T HAPPENED. AND I UNDERSTAND WHY IT HASN'T HAPPENED BECAUSE WE JUST DON'T HAVE THE MANPOWER TO DO IT. BUT IF THAT IF THE CURRENT YEAR IS ANY AS ANY LESSON VALUE TO IT. MY TAKEAWAY IS THAT WE CANNOT COUNT ON. SPEED ENFORCEMENT UNLESS ITS AUTOMATED I DON'T THINK WE CAN COUNT ON IT FROM THE POLICE DEPARTMENT BECAUSE I THINK THEY'RE TOO SHORT PEOPLE NOW. YOU KNOW, THEY MAY COME FORWARD AND NO. ONE WEEK THEY'LL DO AN INTENSE SPEEDING. MONITORING PARTICULAR STREET.

BUT THEN WHEN THEY GO, THE SPEEDING JUST COMES BACK LIKE THE GRASS IN THE SPRING, AND, UH SO, UH, I HOPE THAT THE. NEIGHBORHOOD TRAFFIC MANAGEMENT PROGRAM WON'T LEAN TOO HEAVILY ON SPEED ENFORCEMENT BECAUSE MY EXPERIENCE AND OBSERVATION AS WE CANNOT COUNT ON THAT. UM I. I TRUST THAT YOU HAVE IN YOUR TARGET AREAS, THE STREETS. I THINK THEY'RE IN THE THIRD WARD.

WHERE RESIDENTS PUT UP SPEED BUMPS AT THEIR OWN EXPENSE. AND THEN THE CITY TOOK HIM DOWN. AT LEAST THAT'S WHAT I HEARD. MAYBE IT WAS WARD TWO, OKAY, WILL DRIVE MAY HAVE BEEN ONE. I'M NOT FAMILIAR WITH THAT. I KNOW I'M VERENA AVENUE. WE HAD A PROBLEM WITH ILLEGAL SPEED BUMPS ME RIGHT RIGHT REMOVED AND RETURNED TO THEIR OWNERS. AND THEN THEY REAPPEARED. AND IF I REMEMBER CORRECTLY, THEY THEY WERE TAKEN UP THE DAY. THAT WE NOTICED THEM AND RETURNED TO THE OWNER. AND WHEN THEY SHOWED UP AGAIN, WE WERE ORDERED TO REMOVE THEM PERMANENTLY RIGHT WELL, AND THEY PUT UP A STOP SIGN AS WELL. SO OKAY, GOOD. WELL, WHERE THE SPEED WE DID PUT UP THE STOP SANDWICH I WAS ABOARD OF THAT, BECAUSE UM, BRIAN, I HAVE A NEWS . ANOTHER LOCATION WHERE MY RECOMMENDATION IS IN THE LONG TERM. THAT WE NEED TO LOOK AT THE AT THE EXIT POINT WHERE VARIETY COMES INTO JOHNSON READ. THERE ARE THINGS THAT WE COULD DO THERE TO HELP. DECREASE THE ENTRANCE SPEED FROM JOHNSON ROAD ONTO ONTO VERENA. BUT ALSO THAT INTERSECTION NEEDS WIDENING BECAUSE IF YOU'RE HITTING NORTH BONG YOU CANNOT TURN ON THE BRIAN. AVENUE WITHOUT BASICALLY GOING ON TO THE OTHER LANE, WHICH COULD BE A REALLY, REALLY DANGEROUS SITUATION. IF YOU HAD SOMEONE COMING OVER THAT HILL THERE. OKAY. OKAY, WELL, WHAT WE ALL WANT ON COUNCIL IS SAFER NEIGHBORHOODS WHETHER THEY'RE IN OUR WARD OR IN SOMEONE ELSE'S WARD. SO IF YOU WOULD WORK ON ALL OF THOSE THINGS THAT YOU JUST MENTIONED VERONICA AND THE WHERE JOHNSON ROAD AND VERONICA COME TOGETHER. THAT WOULD BE THAT WOULD BE MUCH APPRECIATED BY THE PUBLIC THAT WE ALL SERVE.

[02:05:05]

AND, UH, LET ME PUT A SPECIAL PLEA IN FOR SOUTH SYCAMORE STREET BECAUSE I WALK ALONG THAT OFTEN. AND YOU KNOW, I SEE THAT. SPEED MONITORING. SIGNED GOING 40 TO 45, YOU KNOW, AND SOME PEOPLE EVEN SPEED UP WHEN THEY SEE THE SIGN BECAUSE THEY WANT TO SEE HOW HOW, HOW, HOW THEY CAN DRIVE THE SPEED LIMIT UP ON THE SIDE. SO MAYBE YOUR IDEA OF . R UM, MIGHT BE IN THE MIX OF ATTEMPTS. TO CALM TRAFFIC ON THE SECOND WATER STREET, BUT IN ANY EVENT I LOOK FORWARD TO WE ALL LOOK FORWARD TO YOUR REPORT AT THE BUSINESS MEETING IN SEPTEMBER. AND UM, I LOOK FORWARD TO IT AS WELL. UH MY GOAL IS ALWAYS BEEN WITH THIS PROJECT IS TO HOPEFULLY MOVE THE CITY FORWARD. WITH A TOOL THAT EVERYBODY CAN USE. THE CITIZENS COUNCIL, THE CITY MANAGER, UH AND THEY AND THEY MEMBERS OF PUBLIC WORKS BECAUSE. WHILE THE EXISTING METHOD. WORKED IN THE PAST. I DON'T THINK IT'S THE BEST METHOD FOR US TO BE USING NOW. TIMES ARE CHANGING. MANY LOCALITIES OR HAVING SHORTAGES OF POLICE PERSONNEL. THEY'RE HAVING BUDGET CRUNCHES. TRAFFIC DIVISIONS GET SHRUNK DOWN, AND IN SOME CASES LIKE HERE IN PETERSBURG, I GET IT. I YOU KNOW, I SYMPATHIZE GREATLY WITH CHIEF TRAVIS WOULD NOT WANT TO HAVE THE CHALLENGES THAT HE'S FACING. WE ALSO HAVE MANY CHALLENGES OURSELVES. I MEAN, I'M I'M CURRENTLY THE GENERAL MANAGER, BUT I'M ALSO DOING A LOT OF THE ASSISTANT GENERAL MANAGER'S JOB. AND I'M ALSO SERVING AS THE TRANSPORTATION MANAGER BECAUSE WE DON'T HAVE ONE. AND IT'S ONLY SO MANY HOURS IN THE DAY, BUT WE DO WHAT WE DO , AND HOPEFULLY WE CAN DO SOME GOOD IMPROVEMENTS OVER TIME. WE'RE GLAD TO DO IT. OH GREAT. WELL, THANK YOU VERY MUCH. MR. LANCE, I APPRECIATE WHAT YOU'VE BROUGHT TO US TONIGHT. THANK YOU . THANK YOU FOR THE PRESENTATIONS LAST APPRECIATE IT. TAKE CARE. UM NEXT TIME BEFORE WE MOVE ON. I'M HATE THIS LOW UP THE MEETING, BUT I JUST WANT TO JUST ASK EVERYONE IF THEY COULD JUST PLEASE GIVE A MOMENT OF SILENCE TO OUR NEIGHBORS UP IN RICHMOND TODAY. WE JUST FOUND OUT THAT RICHMOND HAD A MASS SHOOTING UP THERE. MOREAU, PART TWO PEOPLE WERE KILLED. 13 WAS INJURED AT A HUMAN, NOT HIGH SCHOOL'S GRADUATION OUTSIDE ALTRIA. AND IF EVERYONE COULD PLEASE JOIN ME IN A MOMENT OF SILENCE FOR THE FAMILIES OF THEM, PLEASE.

THANK YOU. THE NEXT ITEM IS ITEM 14 ECONOMIC DEVELOPMENT. UM MR MOORE, ANY NO ITEMS. WE JUST HAVE THE TOMORROW. THE PETERSBURG DOWNTOWN PLAN. IF EVERYONE COULD JOIN US, PLEASE.

UM NEXUS ITEM 15 THE CITY MANAGER'S AGENDA, STARTING ANY ANIMALS? NO, SIR, OTHER THAN TO PUT OUT THAT REQUESTED. OUR CITIZENS COME DOWN TOMORROW NIGHT AND PARTICIPATE IN THE FUTURE OF THEIR DOWNTOWN. THANK YOU. NEXT IS BUSINESS OVER REPORTS FROM THE CLERK MISS LUCAS AND ITEMS TONIGHT. I HAVE NO ITEMS. NEXUS ITEM 17 BUSINESS OF REPORTS FROM THE CITY ATTORNEY. NO REPORT, MR MAYOR. THANK YOU. NEXT ITEM IS ADJOURNMENT. ALL RIGHT. ALRIGHT.

THIS MEETING IS ADJOURNED. THANK YOU.

* This transcript was compiled from uncorrected Closed Captioning.