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FCM19951024FINANCE COMMITTEE - CITY OF MUSKEGG MINUTES OF MEETING HELD TUESDAY, OCTOBER 24, 1995 The meeting was called to order at 7:05 P.M. by Chairman De Angelis. Also present were Committee Members Patterson, Sanders and D'Acquisto, Ald. Misko, Ald. Salentine, Aid. Suhr and Ald. Rasmussen. The Committee noted that the meeting was posted on October 20, 1995, in accordance with the Open Meeting Law. The Committee further reviewed Parkland Plaza park land/site development proposal as outlined in Parks Director Peter Theis' memorandum of October 16, 1995. Todd Weik, engineer for Ruekert & Mielke, calculated that an area of approximately 14,400 square yards would be able to get graded by Sunny Slope Grading, Inc., without adding any additional costs on to their contract. This area would be plenty of room to accommodate both a regulation soccer field and 35-40 car parking lot. There are two additional costs being requested: (1) seed, fertilizer and mulch at $4,500, and (2) 8" limestone parking lot base at $5,500, for a total of $lO,OOO.OO. This was included in'the 1996 Parks Dedication Budget. Ald. Sanders moved to recommend approval of use of Park Dedication Funds in the amount of $10,000. for the Parkland Plaza Site Development. Seconded by Ald. Patterson, motion carried 3-O. The Committee reviewed memorandum from Plan Director Matt Sadowski regarding request for release of funds for paving bond for Muskego Storage. Muskego Storage is constructing an additional building and will need a bond to insure paving and Mr. Sadowski felt that the Committee may want to consider holding the existing bond for the next phase. He also noted that signs have been erected and yet there is no record in the files of any sign permit being issued. Ald. Patterson moved to deny request for release of funds until next building phase has been completed, and compliance of all sign requirements has been met. Seconded by Ald. D'Acquisto, motion carried 3-O. Ald. Patterson moved to approve payment of General Vouchers in the amount of $348,293.32, and Utility Vouchers in the amount of $584,341.24. Seconded by Ald. D'Acquisto, motion carried. It was noted that the Committee removed voucher in the amount of $45.50 from 110.5004.1000 for Journal/Sentinel for explanation. Seconded by Ald. D'Acquisto, motion carried 3-O. The meeting adjourned at 7:30 P.M. Respectfully submitted, /ca Ald. Demonic R. D'Acquisto Secretary