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FCM19960417FINANCE COMMITTEE - CITY OF NIJSKEGD MINUTES OF MEETING HELD WEDNESDAY, APRIL 17, 1996 The meeting was called to order at 7:30 P.M. by Council President Demonic R. D'Acquisto. Also present were committee members Sanders and Patterson, Ald. Suhr and those per the attached list. Chairman De Angelis arrived at 8:40 P.M. The committee noted that the meeting was posted on 4/12/96 in accordance with the Open Meeting Law. Ms. Donna Mae Morris, license holder for Changes Pub & Grill, appeared before the Committee to request an upgrade of Dance Hall License from a Class "B" (Juke Box) to a Class "A" (Live Music), along with residents of the area. Safety, parking and noise issues were discussed. Building capacity and sufficient parking for that capacity was also a concern with possible parking overflow onto surrounding streets. Ald. Patterson moved to defer in order to allow the petitioner to address the following issues at the next Finance Committee meeting: Building Capacity, Parking Capacity, Parking Layout Safety Guidelines, Noise Seconded by Sanders, motion carried 3-O. The committee requests that the City Attorney look into single event dance hall permits with site restrictions specified per event. The committee reviewed the following applicants for Operator Licenses: Rebecca Deering Julie A. Pierson Lisa Kirner Ald. Sanders moved to recommend approval of the above applications subject to receipt of favorable police report, payment of fees and verification of schooling. Seconded by Ald. Patterson, motion carried 3-O. Ald. Sanders moved to defer discussion of evening secretarial services proposal to the Committee Of The Whole Meeting scheduled for 4/22/96. Seconded by Ald. Patterson, motion carried 3-O. The committee recessed at approximately 8:25 P.M. and reconvened at 8:45 P.M. with Mayor De Angelis taking the Chair. Information Systems Director Joe Sommers appeared before the committee to discuss proposals for computer networking from TCC and Allied. Joe will rework proposals with the two companies and invite them back to answer questions and explain their proposals in person. Joe will also check out financial background of companies. Ald. Patterson moved to defer. Seconded by Ald. D'Acquisto, motion carried 3-O. FINANCE COMMI'ITEE - 2 April 17, 1996 The committee reviewed Bond Requirement for City Treasurer. The current bond for the City Treasurer is for $25,000 and expires 5/l/96. The proposed bond is for a two-year period and has been recommended by the City's insurance agent. Ald. Patterson moved to recommend approval of purchasing bond for $100,000 coverage at an annual fee of $521, for a two year period. Seconded by Ald. Sanders, motion carried 3-O. The committee reviewed Developers Agreement & Letter of Credit for Muskego Regency with Mr. Wimmer, Mr. Kresse and Plan Director Matt Sadowski. Ald. Patterson moved to recommend approval with the following changes subject to final review by City Attorney and staff: Section I C - (Water) - Addition of number 2 and number 3 incorporating City specifications on water system improvements with the additional of "+ or - 384 ft. of 12" watrmain". F - (Erosion Control Measures) - Amend number 5 to insert the amount of $15,600. Section II Amend second paragraph to read, "If the improvements set forth in Section I have not been completed as specifically described in the Public Improvement Cost Breakdown within one year of the date of this Agreement,....." Section V Amend to include new section "K" to include City requirement for Sewer Extension Permits. Section XI Amend to insert "2" to include City restrictions as outlined in Ordinance 812. Amend to add to number 3, "subject to provision of Section XI.2 . . . ..'I Section XIV Insert Letter of Credit amount of $478,421 and change completion date from three years to "one year" from signing of Agreement. Seconded by Ald. D'Acquisto, motion carried 3-O. Ald. Sanders moved to approve release of funds for Champions Village (Engineering) in the amount of $4,454.15. Ald. Patterson, motion carried 3-O. Seconded by FINANCE COMMITTEE - 3 April 17, 1996 Ald. Sanders moved to approve release of funds for Champions Village (Plan Dept.) in the amount of $232,517.90. Seconded by Ald. Patterson, motion carried 3-O. Ald. Patterson moved to approve release of funds for Deer Creek (Plan Dept.) in the amount of $315,615.00. Seconded by Ald. Sanders, motion carried 3-O. Ald. Sanders moved to adjourn at lo:15 P.M. Seconded by Ald. Patterson, motion carried 3-O. Respectfully submitted, /ca Ald. David J. Sanders Secretary SIGN-IN SZZZT ?OR CITY MEETINGS PLEASE JOINT POUR NAXE PND AGENDA I??4 BELOW. THAN-K YOU. YAME: ITEX