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FM20031111 FINANCE COMMITTEE - CITY OF MUSKEGO Approved MINUTES OF MEETING HELD TUESDAY, NOVEMBER 11, 2003 The meeting was called to order at 7:02 pm by Mayor Slocomb with Committee Members Petfalski, and Schroeder present. Committee Member Salentine was excused. Also present were Ald. Buckmaster (arrived 7:14 pm), Damaske, Clerk-Treasurer Marenda, Finance Director Gunderson and Deputy Clerk Blenski. Those present recited the Pledge of Allegiance. Mayor Slocomb noted the meeting was properly noticed in accordance with the open meeting law. APPROVAL OF MINUTES Ald. Schroeder moved to approve minutes of the meeting held November 5, 2003. Ald. Petfalski seconded; motion carried. NEW BUSINESS Review Agreement with Tess Corners Volunteer Fire Department for 2004 Mayor Slocomb stated the language in the agreement is the same as in previous years; however, the insurance liability coverage was being increased from $1,000,000 to $2,000,000. The dollar amount ($164,000) will be approved with adoption of the City’s 2004 Operating budget. Finance Director Gunderson clarified that the original budget request had included $102,000 for interest payments for 2004 on the Station #2 construction loan. These funds are not included in the contract amount since the loan will be assumed by a borrowing in the City’s Capital budget and will then be paid out of the City’s debt service fund. Ald. Petfalski moved to recommend approval. Ald. Schroeder seconded; motion carried. Review Agreement with Muskego Volunteer Fire Company for 2004 The Mayor stated the dollar amount ($256,996) was the same as last year. The liability insurance coverage was being increased to $2,000,000 as with the Tess Corners agreement. Ald. Petfalski moved to recommend approval. Ald. Schroeder seconded; motion carried. Review Agreement with Tess Corners Volunteer Fire Department for Rescue Service for 2004 The language is the same as in the existing agreement. Ald. Petfalski moved to recommend approval. Ald. Schroeder seconded; motion carried. VOUCHER APPROVAL Ald. Petfalski moved to recommend approval of payment of General Vouchers in the amount of $608,458.32 and Utility Vouchers in the amount of $120,907.90. Ald. Schroeder seconded; motion carried. ADJOURNMENT Ald. Petfalski moved to adjourn at 7:16 pm. Ald. Schroeder seconded; motion carried. Respectfully submitted, Jill Blenski, CMC Deputy Clerk