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HomeMy WebLinkAboutCity Council Committees - Operations Committee - 03/19/2019 (2) Page 1 of 3 Approved Operations Committee CC Ops Regular Meeting Minutes March 19, 2019 Date: March 19, 2019 Time: 4:00 p.m. Place: Chambers Attending: Les Thomas, Committee Chair Bill Boyce, Councilmember Dennis Higgins, Councilmember Agenda: 1. Call to Order 4:06 p.m. 2. Roll Call Attendee Name Title Status Arrived Les Thomas Committee Chair Present Bill Boyce Councilmember Present Dennis Higgins Councilmember Present 3. Changes to the Agenda There were no changes to the agenda. 4. Approval of Check Summary Reports Dated 2/1/19-2/15/19 & 2/16/19-2/28/19 MOTION: Move to approve check summary reports dated 2/1/19 through 2/15/19 and 2/16/19 through 2/28/19. RESULT: APPROVED [UNANIMOUS] MOVER: Dennis Higgins, Councilmember SECONDER: Bill Boyce, Councilmember AYES: Thomas, Boyce, Higgins 5. Approval of JayRay Ads & PR, Inc. Marketing Contract Economic Development Manager Michelle Wilmot presented a request recommending Council approve a contract with JayRay Ads & PR, Inc. Visit Kent is Kent's annual leisure tourism marketing program utilizing multiple strategies to increase overall awareness of Kent as a place for leisure entertainment. JayRay coordinates with partners such as Kent Downtown Partnership, accesso ShoWare Center and Seattle Thunderbirds to expand the reach of marketing efforts to promote amenities in Kent. MOTION: Recommend council approve a contract with JayRay Ads and PR to provide media and marketing services to promote Kent’s amenities as a leisure destination. Operations Committee CC Ops Regular Meeting Minutes March 19, 2019 Kent, Washington Page 2 of 3 RESULT: RECOMMENDED TO COUNCIL [UNANIMOUS] Next: 3/19/2019 7:00 PM MOVER: Bill Boyce, Councilmember SECONDER: Dennis Higgins, Councilmember AYES: Thomas, Boyce, Higgins 6. Rimini Street Contract Amendment - Authorize IT Director Mike Carrington presented a request to recommend Council authorize the Mayor to approve contract amendments with Rimini Street, Inc. of up to $200,000. Rimini Street, Inc. provides premium third party technical support for JD Edwards (JDE) and related professional services for our ERP/Enterprise Resource Planning system. This amendment would expand their professional service activities and extend through the end of 2020. MOTION: Authorize the Mayor to approve contract amendments up to $200,000 with Rimini Street, Inc, to provide additional services on an as-needed, on-call basis, under the terms of the parties’ existing Master Services Agreement, for a revised total contract amount of $717,655, which revised amount shall apply to future contract amendment authority, subject to final terms acceptable to the Information Technology Director and the City Attorney. RESULT: RECOMMENDED TO COUNCIL [UNANIMOUS]Next: 4/2/2019 7:00 PM MOVER: Dennis Higgins, Councilmember SECONDER: Bill Boyce, Councilmember AYES: Thomas, Boyce, Higgins 7. Finance Director's Report Interim Finance Director Barbara Lopez provided updates regarding two activities in the Finance Department. Ms. Lopez reported that the Government Finance Officer's Association recently awarded the City of Kent with the certificate of achievement for excellence in financial reporting for the 2017 comprehensive annual financial report. Ms. Lopez recognized and expressed appreciation for the finance team's work on this accomplishment and the committee expressed congratulations as well. In addition, it was reported that the process of issuing bonds for the S 224th/228th corridor has officially begun. The bond council and financial advisors are working on the actual ordinance and numbers and will be coming back to this committee with those official documents in May. 8. Investment Report Cash & Investment Officer Joe Bartlemay and Accounting & Reporting Manager Lavina Brennecke presented the 2018 fourth quarter investment report to the committee. Seven investment trades were initiated in the 4th quarter and a total of 102 investments were held at the end of 2018. Operations Committee CC Ops Regular Meeting Minutes March 19, 2019 Kent, Washington Page 3 of 3 Portfolio allocations at the end of 2018 were in compliance with the City's investment policy. Fourth quarter investment revenue was $1,230,817.82 and total investment revenue for 2018 was $3,397,841.86. 9. Adjournment 4:29 p.m. The meeting was adjourned at 4:29 p.m. Cathie Everett Committee Secretary