FCM19950920FINANCE COMMITTEE - CITY OF MUSKEGO
MINUTES OF MEETING HELD WEDNESDAY, SEPTEMBER 20, 1995
The meeting was called to order at 7:05 P.M. by Chairman De Angelis. Also present were Committee Members D'Acquisto, Sanders, and Patterson, Ald. Rasmussen, Ald. Suhr, City Clerk Jean Marenda, City Treasurer Sanders, Deputy Treasurer Luell,
Financial Consultant David Anderson (Ehlers & Associates) and
those per the attached list. Ald. Salentine arrived at 7:45 P.M.
The Committee noted that the meeting was posted on September 15,
1995, in accordance with the Open Meeting Law.
The Committee discussed clarification of minutes of September 6,
1995, regarding discussion with Alpine Lanes on recent license
violation. Ald. Patterson requested that the minutes reflect
that Mr. McIndoe is to provide to the Committee, in writing,
what specific steps would be taken to ensure no further problems
at the establishment.
Ald. D'Acquisto moved to recommend approval of the following
applications for Operator's License subject to verification of
schooling, submittal of fees and receipt of favorable police
report:
Steven Peterson Brandi E. Goings Paul R. Stankevich Theresa Stegall
Jean Rouselatos Kim Zaeske
Seconded by Ald. Patterson, motion carried 3-O.
Financial Consultant David Anderson further discussed with the
Committee an investment policy and collateralization policy for
the City of Muskego. Ald. Sanders moved to recommend
establishing a collateralization policy for Certificates of
Deposits (CD's), not Checking Accounts, subject to.adoption of
revised resolution. Seconded by Ald. Patterson, motion carried
3-o.
City Clerk Jean Marenda discussed with the Committee her request
to transfer $824.00 from the borrowed money account to be added
to the $5,000 budgeted for the City Hall west entrance door
replacement. The quotes received for the door for the 1995
budget appear to be of an inferior quality and would not
withstand the use it would get for years to come. City Clerk
advised that there are funds available in the borrowed money
account as a result of the cost-savings incurred in the ADA
accessible unisex restroom due to our Maintenance Man's ability
to do most of the work himself. The Committee reviewed the following bids:
Crystal Glass & Mirror $7,870 Commercial Glass and Metal 7,600
Milwaukee Plate Glass Co. 5,824
FINANCE COMMITTEE - PAGE 2 September 20, 1995
Ald. D'Acquisto moved to approve the transfer of $824.00 from
the borrowed money account and to recommend acceptance of low
bid received from Milwaukee Plate Glass Co. in the amount of
$5,824. Seconded by Ald. Sanders, motion carried 3-O.
The Committee reviewed 66.30 Agreement with Muskego/Norway School District for the Liaison Officers for 1995-96 school
term. Discussion ensued with Ald. D'Acquisto questioning as to Norway Township joining in the cost share program. Ald. Sanders moved to recommend approval. Seconded by Ald. Patterson, motion carried 3-O. Contact will be made with the Town of Norway.
Addendum #3 to a License Agreement with Wisconsin Electric Power Company to use a portion of the existing recreation trail by
equestrians was reviewed which has been recommended for approval
by the Parks & Recreation Board. Ald. Sanders moved to authorize signing of agreement. Seconded by Ald. Patterson,
motion carried 3-O.
The Committee reviewed 1995 Budgeted Transfer to Sewer Utility
of a portion of Shared Revenue. Ald. Sanders moved to defer pending report from City Auditor. Seconded by Ald. D'Acquisto,
motion carried.
The Committee reviewed 1996 Operating Budget with Building
Inspection Director Chuck Dykstra for the Building Inspection
Department. Ald. Sanders moved to establish mileage rate for
1996 at 304: a mile. Seconded by Ald. D'Acquisto, motion carried
2-1, with Ald. Patterson casting a dissenting vote.
The Committee reviewed 1996 Operating Budget for Planning Department with Plan Director Matthew Sadowski. Ald. D'Acquisto
moved to remove $300.00 for Design Award. Seconded by Ald.
Patterson, motion carried 3-O. Discussion was held on increase
of revenues and fees to adjust for inflation. Plan Director
Sadowski was directed to submit adjusted figures to the
Committee. The Committee established procedure whereby they will continue to oversee discretionary use of funds for
conference purposes if other than what was approved through the budget process.
The Committee reviewed request for release of funds for Foxboro North Subdivision in the amount of $23,425.00 associated with
sanitary sewer and storm sewer systems from the Letter of
Credit. After reviewing comments in the Plan Director's
memorandum of September 20, 1995, Ald. Sanders moved to release
$20,925. Seconded by Ald. D'Acquisto, motion carried 2-1, with
Ald. Patterson casting the dissenting vote.
The meeting adjourned at 12:15 A.M.
Respectfully submitted,
Ald. Demonic R. D'Acquisto
Secretary
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