FCM19870819FINANCE COMMITTEE - CITY OF MUSKEGO
MINUTES OF MEETING HELD AUGUST 19, 1987
The meeting was called to order at 7:00 P.M. by Chairman
Salentine. Also present were Committee Members Hilt and
Penovich, Ald. DeAngelis, Ald. Sanders, Financial Consultant
Seegar Swanson, Mr. & Mrs. Kroening, and Mr. Harold DeBack. Ald.
Dumke was absent.
The following persons appeared to apply for an Operator's License:
Thomas Edward Olson Cheryl Wynne-Robbins
Edwin J. Loeffler Lori Diane Lutske
Ald. Hilt moved to recommend Council approval subject to receipt
of favorable police reports. Seconded by Ald. Penovich, motion
carried.
The Committee discussed application for Special Permit for Sports
Bar with Loretta Peterson. Ald. Hilt moved to approve Special
Permit and to amend their Class B Liquor License for August 22,
1987, with a 1O:OO P.M. restriction. Seconded by Ald. Penovich,
motion carried.
The Committee reviewed Offer to Purchase of City-Owned land with
Dennis & Roxanne Kroening. Ald. Hilt moved to recommend
acceptance of Offer to Purchase in the amount of $22,000, with a
counter-offer to clarify certain contingencies. Seconded by Ald.
Penovich, motion carried.
The Committee reviewed amendments to Restated Pension Trust.
Ald. Hilt moved to recommend approval of changes. Seconded by
Ald. Penovich, motion carried.
The Committee reviewed request for release of funds for Lynn
Kurer. Aid. Penovich moved to release funds in the amount of
$15,961.50. Seconded by Ald. Hilt, motion carried.
The Committee reviewed request for release of funds for Durhamswood Addn. #1 Subdivision. Ald. Hilt moved to release
funds in the amount of $31,231.00. Seconded by Ald. Penovich,
motion carried.
The Committee discussed 1987 Borrowing with Financial Consultant
Seegar Swanson. Ald. Hilt moved to have Seegar Swanson proceed
with several financial possibilities and to be present at the
August 25, 1987 Council meeting. Ald. Penovich moved to change
Bond Counsels to the firm of Mulcahy & Werry. Seconded by Ald.
Hilt, motion carried.
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Finance Committee - Page 2
August 19, 1987
The Committee discussed Industrial Park ditch reconstruction and
Racine Avenue culvert upgrading with Harold DeBack. The Finance
Committee suggested that the City and Developer equally divide
the cost of the ditch reconstruction and the City will pay for culvert upgrading with possible contribution from the County.
Mr. DeBack will review proposal and get back to the City.
The Committee discussed Super Excavators proposal for liquidated
damages for the Ladwig Drive Sewer Project. Ald. Hilt moved to
recommend a counter proposal of $31,000. Seconded by ALd.
Penovich, motion carried.
The Committee discussed policy for lost payroll checks. Aid.
Penovich moved to approve Treasurer's request that $8.00 stop
payment fee be passed along to Employees. Seconded by Ald. Hilt,
motion carried.
The Committee discussed revocation policy for liquor Licenses.
The Finance Committee recommends that the Rules, Laws & Ordinance
Committee draft an amendment to the Liquor Ordinance which would
give the City the right not to renew a liquor license if it had not been used in an allotted time frame. The Committee proposes
a one or two year period.
The Committee discussed authorizing hiring of attorney for the
Yaeger claim. The Committee decided that City Attorney be invited to sneak to the Plan Commission explaining his original
decision. *
Ald. Hilt moved to approve payment amount of $1,274,485.36. Seconded
carried.
of General Vouchers in the
by Ald. Penovich, motion
Ald. Penovich moved to approve payment of Sewer Utility Vouchers
in the amount of $14,753.34. Seconded by Ald. Hilt, motion
carried.
The meeting adjourned at lo:15 P.M.
Respectfully submitted,
Ald. Mitchel Penovich
Secretary