Powlett TEX A S  CITY COUNCIL SPECIAL WORK SESSION MINUTES  Our Vision: A well-planned lakeside community of quality neighborhoods, distinctive amenities, diverse  employment, and cultural charm. Rowlett: THE place to live, work and play.  Thursday, January 25, 2024  12:00 P.M.  Municipal Building - 4000 Main  City Councilmembers Present: Mayor Margolis, Mayor Pro Tem Shinder, Deputy Mayor Pro Tem Winget, Councilmember Reaves, Councilmember Bowers, Councilmember Britton and Community Investment Program Task Force (CIPTF) Members Present: Vice Chair Jeffrey Sheldon, John Cote, Richard Ford and Richard Kull. Absent: Chair Erik Ernst, Myranda  Councimember Schupp.  Congi, Asa Hadsell, Brian Hokanson, and Gale Roberge.  1.  CALL TO ORDER  Mayor Margolis called the meeting to order at 12:00 p.m.  2.  WORK SESSION  No one spoke at Public Input and no online Public Input forms were received. 2A. Presentation on the status of the Capital Improvement Program. (60 minutes)  City Engineer Jeff Cohen and Capital Improvement Program (CIP) Manager Beena Jacob presented a power point on the status of the Capital Improvement Program projects from the 2015, 2018, 2021, and 2023 Bond Elections. Comments were made by Council regarding the various projects over the years. Mayor Margolis asked for a Work Session item to be scheduled with Keep Rowlett Beautiful regarding the Early Learning Center (ELC) within the next two months.  2B. Discussion of debt management strategies. (60 minutes)  City Manager Hall gave an overview of the Debt Management item stating it would be a paradigm shift int the way the City invests funds and increases debt capacity, the way the City structures debt and the practical utilization of alternative debti issuance, giving options for more flexibility. He stated no decisions need to be made by Council today and will ask for additional special needs from Assistant City Manager Bauer and Debt Manager Michael Kuhn presented the power point outlining Council discussed the various alternative strategies presented by staff and asked staff about holding Town Hall meetings to educate the public on any strategies they may decide to use in the  Council at the end of the presentation. debt management options and strategies.  future. Staff agreed to hold the educational meetings.  City of Rowlett  11525    Mayor Margolis recessed the meeting at 1:26 p.m. and reconvened at 1:36 p.m. 2C. Presentation by the Community Investment Program Task Force. (60 minutes)  The duties andi responsibilities oft the Community Investment Program Task Force include providing recommendations to City Council on capital project priorities and project selection; providing guidance on strategic recommendations to the City Council with regard to capital projects; and providing recommendations to City Council on guiding values for planning of capital projects. The committee provides recommendations to City Council on the setting of projects slated for upcoming bond elections and represents the City at public meetings and public outreach campaigns on the Vice Chair Sheldon, Mr. Cote, Mr. Ford and Mr. Kull presented a power point recommending capital project priorities and project selection for City Council to consider. Rowlett Financial Services determined the bonding capacity to replace retiring debti is $63M. The CIPTF established a goal to allocate approximately $21M of the bond capacity to Parks and Recreation and Public Safety Ranking criteria was similar to previous bond projects and ranked on a scale of 1 (low Priority) to  subject of capital projects.  projects and $42M to Streets and Alleys and related Capital projects.  10 (high priority). The breakdown for projects are: Parks and Recreation - 8 projects = $9.79M Public Safety - 3 projects = $4.70M  Streets, Alleys and Other- - 8 categories of projects = $48.51M  Mayor Margolis asked Council for a call of additional projects to be sent directly to City Manager TAKE ANY NECESSARY OR APPROPRIATE ACTION ON CLOSEDEXECUTIVE SESSION  Hall.  MATTERS No action taken. ADJOURNMENT  3.  Mayor Margolis adjourned the meeting at 3:28 p.m.  Ba2e Muhs Blake Margolis, Mayor Approved on: February 6, 2024  fttlatlub Evette Whitehead, City Secretary  City of Rowlett  11526