FM102798
FINANCE COMMITTEE - CITY OF MUSKEGO
MINUTES OF MEETING HELD TUESDAY, OCTOBER 27, 1998
The meeting was called to order at 7:05 p.m. by Mayor De Angelis. Committee
members Slocomb, Salentine and Sanders were present. Also present were Aldermen
Woodard, Chiaverotti, and Patterson (arrived at 7:17 p.m.), Finance Director
Gunderson, and Deputy Clerk Blenski.
The Mayor announced that the meeting was noticed in accordance with the Open
Meeting Law.
Review of Minutes
Minutes of the October 21 meeting were accepted with no changes made.
License Approvals
Mayor De Angelis stated that he interviewed applicant David Szymanski due to the
individual not being able to attend the Wednesday Finance committee meetings.
Alderman Slocomb moved to recommend approval of an operator’s license for Mr.
Szymanski. Alderman Salentine seconded; motion carried unanimously.
New Business
1. Review Temporary Advance of Funds from Sewer Utilitity to the Debt Service Fund
Finance Director Gunderson stated that this issue was discussed during the review of
the budget at Committee of the Whole. She provided an explanation and summary of
the sewer utility’s advancement of funds to the City to finance debt service obligations
for 1998, 1999 and 2000. The City will repay the utility at 5% per annum over a five
year period beginning in 2001. Director Gunderson stated that the outcome will be
better for the City and not have an adverse impact on the utility. The Mayor stated that
it was the City’s goal to keep future debt payments even and not have any major
fluctuations occur. Alderman Salentine moved to recommend approval. Alderman
Slocomb seconded; motion carried unanimously.
Release of Funds (Park Estates)
Alderman Sanders moved to approve the release of $53,250.45 pursuant to a memo
from Director of Planning Sadowski. Alderman Salentine seconded. Developer Wayne
Salentine clarified that the invoice from Gresl’s Creative Landscaping was for trees for
the berm. Motion to approve carried unanimously.
Voucher Approval
Alderman Sanders moved to recommend approval of General Vouchers in the amount
of $448,164.99 and Utility Vouchers in the amount of $303,312.61. Alderman Slocomb
seconded. Motion carried unanimously.
Finance Committee Minutes Page 2
October 27, 1998
Alderman Salentine moved to adjourn at 7:21 p.m. Alderman Sanders seconded.
Motion carried.
Respectfully submitted,
Jill Blenski, CMC
Deputy Clerk
jmb