FCM199706240 FINANCE COMMITTEE - CITY OF MUSKEGO
MINUTES OF MEETING HELD TUESDAY, JUNE 24, 1997
The meeting was called to order at 7:lO PM by Chairman De Angelis. Also present were Committee Members Aldermen Sanders
and Salentine, as well as Aldermen Slocomb, Woodard, and Pionek (arrived at 7:25 PM), Finance Director Gunderson, Assessor
Mecha, Deputy Clerk Blenski and Dave Anderson of Ehlers & Associates. Committee Member Alderman D'Acquisto was on an emergency call.
Mayor De Angelis noted the meeting was noticed in accordance
with the Open Meetings Law.
Review of License Applications
Alderman Salentine moved for Temporary Operator's License for
John Huber, Jr. for the Muskego Community Festival. Mr. Huber
held a temporary license last year. Alderman Sanders seconded,
motion carried 2-O.
There were no other licenses to be reviewed.
The minutes of the previous meeting dated June 18, 1997 were reviewed and accepted.
Unfinished Business l 1. Review Reimbursement of Legal Expenses for Officer Murphy
Chief Johnson is recommending payment in the amount of $600 for
reimbursement of legal expenses incurred by Officer Jim Murphy
for a January, 1997 incident. Alderman Salentine moved to
approve reimbursement. Alderman Sanders expressed concern
about this setting a precedent. Mayor De Angelis stated
future requests would be reviewed on a case-by-case basis.
Alderman Sanders seconded, motion carried Z-O.
2. Review Proposed Agreement for EPI Appraisal
Assessor Laura Mecha stated that when Mr. Liddicoat submitted
his quote to the City for an appraisal report of Superior
Emerald Park Landfill he did not include the cost to obtain a performance bond. He was not aware one would be required. Mr.
Liddicoat will raise the price to include the bond or has
requested that the City reimburse him. The cost is estimated
to be between $500 and $600. Mayor De Angelis stated he
believes the performance bond should be required; however, it
is the Committee's discretion. Alderman Sanders moved to
include performance bond language in the Agreement as
presented. Alderman Salentine seconded, motion carried 2-O.
Assessor Mecha requested determination by the Committee as to where the funds for the Agreement to be paid in 1997 ($5,000
and the reimbursement for the performance bond) would be taken
from. Alderman Salentine moved to take the money from
Contingency. Alderman Sanders seconded, motion carried 2-O.
Finance Committee Minutes
June 24, 1997 Page 2
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3. Discussion on Proposed Borrowing
Dave Anderson presented information regarding the City's
proposed borrowing. He stated nine bids were received. It is
his recommendation that the bid be awarded to Piper Jaffray,
Inc. The borrowing will allow the City to save approximately
$51,485 over a three-year period by paying off existing debt which carries a higher interest rate. The overall interest
rate for the new borrowing is 4.4953%. Alderman Sanders moved
to award bid to Piper Jaffray, Inc. Alderman Salentine
seconded, motion carried 2-O.
There was no new business to be reviewed.
?rs in the Alderman Sanders moved for approval of General Vouch6
amount of $306,466.65 and Utility Vouchers in the amount of
$76,095.45. Alderman Salentine seconded, carried 2-O.
Voucher ADDrOVal
Alderman Sanders moved to adjourn at 7:29 P.M. Alderman
Salentine seconded, motion carried.
Respectfully submitted,
/&ill Blenski
Deputy City Clerk
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