FCM19961022FINANCE COMMITTEE - CITY OF NUSKEGO
MINUTES OF MEETING HELD OCTOBER 22, 1996
The meeting was called to order at 7:Ob P.M. by Chairman De Angelis. Also present were Committee Members D'Acquisto,
Sanders and Suhr, as well as Aldermen Patterson, Pionek,
Rasmussen, Salentine, and Deputy Clerk Blenski, and those per
the attached list.
The Deputy Clerk noted the meeting was noticed in accordance with the Open Meetings Law on Friday, October 18.
Review of Minutes of Previous Meetinq
The Mayor referred the Committee to the October 16 minutes and
the paragraph regarding the go-day provisional operator's
license for Randall Martens. Alderman D'Acquisto moved that the
license be for a 60-day period as allowed by state statutes.
Alderman Sanders seconded, carried. Alderman Suhr noted that
the amount of $10,375 needs to be inserted in Paragraph 2 of
Page 3 regarding the Developer's Agreement for Boldt
Development.
Old Business
Kris O'Meara distributed an updated version of the Developer's
Agreement to those present. Matt Sadowski stated that the basic
form is acceptable, however, Attorney Molter still has concerns.
The first area of concern is Section I. A. as to Traffic Light:
the language is in conflict with the financial guarantee
language. Ms. O'Meara stated that one Letter of Credit would be
filed and reviewed annually. Alderman D'Acquisto stated that he
believes the developer will comply with new language drafted by
Attorney Molter to address his concerns. Discussion took place
regarding the five-year time period for the installation of the traffic light with Alderman Patterson expressing concern about
relieving the developer's obligation after five years. Alderman
D'Acquisto stated it is consistent with what was negotiated with
other developers: it is not fair to have this developer held to
a different standard. Matt Sadowski pointed out that this is
what was agreed to with the developers of Deer Creek.
Mayor De Angelis requested that the Agreement with adjacent
land owners regarding Section I. D. Future Easement be executed
at this time. Ms. O'Meara stated the adjacent land owner is a
party to this Agreement, however, if the City wants this done
now, they will get it going. Matt Sadowski stated that it could
be a condition of occupancy. The Committee agreed to add
language that the Agreement referred to in this section will be
put into writing within one year or prior to the issuance of any
occupancy permits, whichever comes first.
Mr. Sadowski stated that the City Attorney is concerned with
Section II as to the time of completion of improvements; it is still too open ended. Aldermen D'Acquisto and Suhr expressed
concerns stating this is standard language. Alderman D'Acquisto
stated we have given them our standard language and they have
agreed to it. What else does the City want this developer to do
Finance Committee Minutes October 22, 1996
Page 2
l to move' this project along? Mayor De Angelis stated it is the
job of the City Attorney to review this type of documentation
and submit his opinion to the Council for consideration.
Mr. Sadowski stated Attorney Molter also has concerns about the
15-day notice with regard to the Letter of Credit. The
Committee further agreed that $5,000 would be placed in the
Developer's Deposit to cover engineering costs.
Alderman D'Acquisto moved to approve the Developer's Agreement
for Boldt Development subject to final review and approval of the City Attorney. Alderman Suhr seconded; motion carried.
New Business
The Committee discussed request from Chuck Dykstra, Sr. to
expend monies in Account #100.2500.1521, currently approved for
mileage expense, for fuel, maintenance, painting for the 1984
Chevrolet Blazer. Alderman Suhr moved to approve. Sanders
seconded, carried.
Voucher Approval
Ald. D'Acquisto moved for approval of General Vouchers in the
amount of $1,133,014.71 and Utility Vouchers in the amount of
0
$792,445.60. Ald. Sanders seconded, carried.
In answer to an inquiry regarding the October 29 joint meeting
scheduled for the Common Council to meet with the School Board,
Mayor De Angelis stated the meeting will be rescheduled.
Ald. D'Acquisto moved to adjourn at 7:40 P.M. Ald. Suhr
seconded, motion carried.
Respectfully submitted,
Deputy City Clerk
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