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FCM19940921FINANCE COMMITTEE - CITY OF NIlSKEG MINUTES OF MEETING HELD WEDNESDAY, SEPTEMBER 21, 1994 The meeting was called to order at 7:05 P.M. by Chairman De Angelis. Also present were Committee Members Patterson, Sanders and Dumke, City Clerk Jean Marenda, Public Works Superintendent John Loughney, Lieutenant Gifford, Parks Director Peter Theis, Information Systems Director Joe Sommers and Scott Krause. Ald. Sanders reported that the meeting was noticed in accordance with the Open Meeting Law. A three month review of Jeannie Geddes' Operator's License resulted in no violations. Mr. Phelps appeared before the Committee, at the Committee's request, to discuss past violations. Mr. Phelps was reminded of the seriousness and the potential for suspension or revocation of license if violations continue. Ald. Patterson moved to recommend approval of Operator's License for the following applicants subject to receipt of fees, favorable police report and verification of schooling: Mary Greivell Cheryl Zuber Jodi Bednarz Seconded by Ald. Dumke, motion carried. Mr. Scott Krause appeared before the Committee to further discuss Subdivider's Agreement for CCV (Champions Village). Correspondence from City Attorney dated September 21, 1994, was reviewed. The agreement is nearing completion with community well restrictions needed to be submitted. The Committee will do final review at their October 4, 1994 meeting. Parks Director Peter Theis appeared before the Committee to request funds for renovation work needed on Horn Field due to the high usage in 1994. Ald. Patterson moved to recommend approval of Park Dedication Funds, not to exceed $3,750, to perform the necessary renovation. Seconded by Ald. Dumke, motion carried. Mayor De Angelis reviewed with the Committee a quote received for General Liability and Public Officials Liability insurance from Wausau Insurance Company for 1995. Mayor advised that another quote is expected to be received sometime mid-October from Cities & Villages Mutual Ins. Co. (CVMIC). Mayor will talk to consultant on umbrella coverage caps and recommendations. The Committee discussed financing for Little Muskego Lake Dam retrofit/spillway project. Ald. Sanders moved to recommend reallocation from the last General Obligation borrowing in the amount of $105,000 for the additional financing needed for the project. Seconded by Ald. Dumke, motion carried. Finance Committee - Page 2 September 21, 1994 The Committee deferred action on request for financing for codification of Chapter 19 (Minimum Housing) until receipt of quote from the City Attorney. Lt. Gifford appeared before the Committee to discuss request for use of capital surplus funds from remodeling of Police dispatch center. Both primary and backup radio antennas for the Police/Fire/Public Works departments are in need of replacement. In addition to being old, some of the antennas have been damaged by lightning. Ald. Patterson moved to recommend approval of use of funds not to exceed $7,500. for replacement of antennas contingent upon a claim being submitted to the City's property insurance carrier. Seconded by Ald. Dumke, motion carried. The Committee reviewed correspondence from the Tess Corners Volunteer Fire Department advising that Rescue Fees for the City will be increased by 5% for 1995; from present $131.00 to $136.00 per transport. Ald. Sanders moved to recommend approval of increase. Seconded by Ald. Patterson, motion carried. The Committee reviewed the following bids received for Boat Launch construction at Idle Isle: TOTAL BASE BID COMPANY $42,019 Concrete Structure, Inc. $38,712 Schultz Bros., Inc. $41,600 Werner Bros., Inc. Ald. Patterson moved to recommend approval of low bid of $38,712 from Schultz Bros., Inc. subject to receiving a letter from the Department of Natural Resources agreeing to increase the grant originally awarded in the amount of $14,730 to the actual $19,356 which is the agreed upon 50% of the project. The Seconded by Ald. Sanders, motion carried. The Committee reviewed outstanding checks as follows: #1679 - Land Title Company $198.00 #2257 - T. Meinholz $154.76 Ald. Sanders moved to recommend writing-off the above two outstanding checks for 1990 and 1991. Seconded by Ald. Dumke, motion carried. Parks Director Peter Theis appeared before the Committee to request carry-over of 32 vacation hours; his anniversary date is October 1, 1994. Ald. Sanders moved to approve carry-over. Seconded by Ald. Patterson, motion carried. The Committee reviewed with Information Systems Director Joe Sommers the Information Systems proposed Operating Budget for 1995. ‘e 0 a a Finance Committee - Page 3 September 21, 1994 The Committee reviewed with Public Works Superintendent John Loughney the Public Works Department's proposed Operating Budget for 1995. Ald. Sanders moved to defer action on Request for Release of Funds for Stoney Creek Development's Letter of Credit until after Public Works Committee's review of turn lane. Seconded by Ald. Patterson, motion carried. The Committee reviewed Request for Release of Funds for Kelly Estates Letter of Credit to approve release of $55,553.54 for for completion of grading, paving and concrete walk work. The City Engineers have reviewed and recommended a release of $50,053.54; the difference of $5,500 is attributable to non-completion of erosion control measures. Ald. Sanders moved to approve release of recommended $50,053.54. Seconded by Ald. Dumke, motion carried. The breakdown to be as follows: Kilps $24,651.45 Pufall 10,160.83 Adams 5,080.42 Hintz 10,160.83 Ald. Dumke moved to approve Request for Release of Funds for Kimberly Estates (engineering) in the amount of $2,211.87 and Lake Ridge North (engineering) in the amount of $1,176.51. Seconded by Ald. Sanders, motion carried. Ald. Sanders moved to deny request for Release of Funds for Lakewood Meadows Addn. #l until supporting documentation is received. Seconded by Ald. Patterson, motion carried. The meeting adjourned at 11:35 P.M. Respectfully submitted, /cma Ald. David J. Sanders Secretary