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FCM19890523FINANCE COMMITTEE - CITY OF MUSKEGO MINUTES OF MEETING HELD WEDNESDAY, MAY 23, 1989 The meeting was called to order at 6:45 p.m. by Chairman Salentine. Also present were Committee members Dumke, Hilt and H. Sanders and Aldermen D. Sanders, Taube and Simmons and Mike McClurg. The Committee reviewed the proposed Ordinance on Accounts Receivable relating to Chapter 3 of the Municipal Code which reads: 3.08 Accounts Receivable. Unless collection procedures are stated in other ordinances or laws of the City of Muskego, all accounts receivable of the City shall be paid in full within 30 days after the date of the bill or they will be considered delinquent and bear interest at the rate of 1.5% per month until paid in full from the first billing date. If a delinquent account receivable is placed upon the tax roll because it has not been paid prior to November lst, two months additional interest will be added through December 31st. Ald. Dumke moved to recommend approval. Seconded by Ald. Hilt, motion carried. The Committee reviewed a request for release of funds for the Bay Breeze development. Ald. Dumke moved to recommend approval for the release of $413.45 for work performed. Seconded by Ald. H. Sanders, motion carried. The Committee reviewed a request for release of funds for Glen Oaks subdivision. Ald. H. Sanders moved to recommend approval for the release of $8,000.00, as recommended by Ruekert & Mielke due to the fact that the 170 ft. invert which requires replacement is incomplete. The Committee reviewed a request for vacation carry-over for Public Works Superintendent Loughney. Ald. H. Sanders moved to recommend approval of the request, but advised that all Department heads be notified that vacation must be used in the year it is earned, and future requests will be denied. Seconded by Ald. Hilt, motion carried. Ald. Dumke moved to recommend payment of General Vouchers in the amount of $1,417,437.42 and Utility Vouchers in the amount of $13,809.27. Seconded by Ald. Hilt, motion carried. The Committee authorized approval of maintenance agreement from Central Office Systems Corp. for the City Hall copy machine in the amount of $1,760.00. The meeting adjourned at 7~15 p.m. Respectfully submitted, Ald. Daniel J. Hilt Secretary - I. 1 / I CENTRAL OFFIC 12505 w. Rt”erno,.rKYt Fbx, Brookfield. WI 53005 [414]7f34-9698 CUSTOMER OnLIE” NO. 1 DATE SHtPPED 1 TE”MS SHIPPED “IA , I -r --.-- GROSS >,-:,l<‘:!j. 01, I LESS DISCOUNT / PLUS TAX 1 PLUS FREtGttT F.O.S. ) TERR. NO, ( LW 1’ ORIGINAL INVOICE