This is not an official blog of the City. It is the work of Mark Kapel who is solely responsible for content.

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Saturday, July 5, 2014

City's Pension Bond Power Point Presentation.





City of Bloomfield Hills Commission Agenda for Tuesday July 8th 2014 Meeting.

CITY OF BLOOMFIELD HILLS
City Commission
Agenda for Meeting July 8, 2014

The regular meeting of the City Commission will be held at 7:30 p.m. on Tuesday, July
8, 2014 at City Hall 45 E. Long Lake Road Bloomfield Hills, MI 48304. Phone
248.644.1520, FAX 248.644.4813.

1. Call to order and Pledge of Allegiance.

2. Consent Agenda
A. Bills Payable for June 2014.
B. Department Reports:
a. Finance Director / Treasurer
b. Public Safety
c. DPW
d. Building
e. Engineering
C. Minutes:
a. City Commission / Planning Commission Joint Meeting held
June 3, 2014
b. City Commission Regular Meeting held June 10, 2014.
c. City Commission Special Meeting held June 11, 2014.

D. Correspondence:
 a. Memo from City Manager: 2013 – 2014 Goals.


3. Recognition of Citizens in the audience.

4. The commission will consider approval of the resolution declaring official intent
to sell and issue bonds.

5. The commission will consider the request of Agree Realty at 70 E. Long Lake
Road for a variance to the sign ordinance.

6. The commission will consider the request of the property owner at 41150
Woodward Avenue for approval of an amendment to the approved PUD
Agreement for Cedarbrook Continuing Care Facility.

7. The commission will consider a request from Cranbrook Educational Community
for a variance from the sign ordinance to install banners along Woodward
Avenue.
8. The commission will discuss entry signs for Long Lake Road, Cranbrook Road and
Lone Pine Road. 

9. The commission will consider engineering budget for the 2014 Road
Improvement Program.

10. The commission will consider adoption of an amendment to the vacant property
ordinance.

11. The commission will appoint the election inspectors to work at the August 5, 2014 primary election.

12. The commission will discuss compliance with the Indemnification Agreement by
the property owner at 335 Cranbrook Court.

13. The commission will discuss the results from the city’s participation in ICMA’s
CPM 101 Program.

14. The commission will hear City Manager comments.

15. The commission will hear an update on individual lead responsibilities.

16. The commission will consider other business.

17. The commission will move into closed session to discuss contract negotiations
with DPW / Teamsters.

18. The commission will return to open session to consider ratification of a labor
agreement between the City of Bloomfield Hills and DPW / Teamsters Local 21


Wednesday June 11th 2014. Special City Commission meeting. First discussion in a Public forum, of an estimated $17 million Pension Obligation Bond.

Editors note: These are draft minutes, available 8 business days after public meetings for citizens who request them per the Freedom Information Act. Revisions in these minutes  may be made  by  Commissioners prior to or during the next meeting. If no revisions are required , the minutes are approved  as written during the consent agenda portion of the next meeting.

At  the regular  June City Commission meeting of the night prior, Tuesday, June 10th,  City Manager Jay Cravens, in a portion of the meeting  called  "City Manager comments",  mentioned the Pension Bond meeting on Wednesday and an up coming  meeting of the Sign Ordinance Committee.  Unfortunately  the City Manager's mentions came at the end of the meeting  after  three of the four residents in attendance had left.  It is believed by this publication that the City Manager's comments at the June 10th  meeting are the first public utterance of a proposed  Pension Bond by a City staff member or a City Commissioner .

The Special Wednesday night meeting was open to the public and  notice was provided a via  thumb tacked messages to bulletin boards inside and outside City Hall. While that is legally a notice, one wonders how many residents had the opportunity to see it by visiting City Hall and reading either one of two bulletin boards.


Salient points  from the draft minutes are noted below. 


  • All five commissioners attended. and discussed pension bonds for one hour and forty minutes.
  • Bobby Bendzinski , with Bendzinski  and Associates was present. It is believed the Mr. Bendzinski  previously assisted Bloomfield Township in their $80 million dollar Pension Bond.
  • City Commission requested a brief Power point Presentation for the Tuesday July 8th  City Commission meeting  from the City Treasurer.
  • City Manager Cravens stated in a conversation with this publication that he believed the June 11th meeting covered the points necessary for a vote to be taken at the  Tuesday July 8th meeting. He would later repeat that belief to another area publication as well .Agenda item 4 for  the Tuesday July 9th meeting agenda is The commission will consider approval of the resolution declaring official intent to sell and issue bonds.