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COMMITTEE OF THE WHOLE - MINUTES - 3/8/2001 COMMITTEE OF THE WHOLE - CITY OF MUSKEGO Approved 4/12/01 MINUTES OF MEETING HELD March 8, 2001 Mayor De Angelis called the meeting to order at 7:10 PM. Also present were Aldermen Slocomb, Petfalski, Le Doux, Patterson, Sanders, Salentine and Wichgers, Finance Director Gunderson. The Mayor noted the meeting was noticed in accordance with the Open Meeting law. REVIEW MINUTES OF PREVIOUS MEETING Ald. Salentine moved to approve the minutes of the February 8, 2001 meeting. Seconded by Ald. Le Doux and carried by all. PERSONAL APPEARANCE Mr. Dave Anderson of Ehlers and Associates, the City’s financial consultant, was present to conduct the fourth in a series of workshops on preparing a five-year financial management plan. Mr. Anderson reviewed the discussions from the prior three workshops. This included the City’s financial indicators and their comparison with other communities of comparable size, Muskego’s existing tax base, equalized value trends, existing debt, status of the utilities and the recommended Debt policies. The Committee held discussion on the commercial property within the City and directed the Finance Director to meet with the Assessor to determine what percent of the commercial property was made up of multi-family property. Finance Director Gunderson reviewed the items within the Capital Plan, highlighting the changes from what had been previously reviewed, most of which related to Storm water management. The Committee discussed the possibility of a TIF for the Tess Corners area and that the timing of that project would have to be in conjunction with the Road program. The Mayor advised the Committee that once all the Storm water projects were included into the five-year schedule, 2002 was presented with a high concentration of dollars and projects. The Committee agreed to schedule an additional meeting and asked that staff review the final schedule of projects and realistically determine, based upon workload and manpower, what could and could not be accomplished in each of the five years. The Committee also agreed to look at a 15-year amortization of the debt repayment to the Sewer Utility, discuss what was being levied for capital projects and to review the commitments from the Landfill fund now that revenues were coming in below expectations. The next meeting was set for Thursday, April 12, 2001. Adjournment Ald. Slocomb moved to adjourn at 8:43 PM. Ald. Petfalski seconded, motion carried. Respectfully submitted, Dawn R. Gunderson Committee of the Whole Page 2 Minutes of Meeting Held June 1, 2000 Finance Director