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FM20041214 FINANCE COMMITTEE - CITY OF MUSKEGO Approved MINUTES OF MEETING HELD TUESDAY, DECEMBER 14, 2004 The meeting was called to order at 7:18 PM by Mayor Slocomb with Committee Members Salentine and Schroeder present along with Ald. Borgman and Melcher. Also present were Finance Director Gunderson, Interim Plan Director Muenkel, Engineering/Building Inspection Director McMullen, Clerk-Treasurer Moyer and Deputy Clerk Blenski. Ald. Madden and Patterson were excused. Those present recited the Pledge of Allegiance. Ald. Buckmaster arrived at 7:24 PM. Mayor Slocomb stated the meeting was noticed in accordance with the open meeting law. APPROVAL OF MINUTES Ald. Salentine moved for approval of the minutes of the meeting held December 8, 2004. Ald. Schroeder seconded; motion carried. UNFINISHED BUSINESS Review Lease Agreement with Waukesha County for Parking Lot The Committee deferred this item at its last meeting. Mr. McMullen stated the agreement has been revised. However, language regarding future acquisition of the property is not included. Waukesha County is not willing to put a dollar amount in the agreement for the sale of the property. The County has indicated it is willing to sell the property at fair market value to the City once the DNR gives case closure to the site. Ald. Salentine asked if the lease could be renewed after the 10-year period. Mr. McMullen stated that would have to be negotiated. He also noted that the City did not have to put a parking lot on the property. It is his intent to add the cost of the improvements to the 2005 Road Program as a separate line item. Ald. Schroeder asked what the estimated cost of the improvements was. Mr. McMullen stated $25,000 to $30,000, which includes the extension all the way through to the Tess Corners Volunteer Fire Dept. parking lot. Ald. Salentine moved to recommend approval. Ald. Schroeder seconded; motion carried. Mr. McMullen stated that if the parking lot were put in before the site is deemed clean, paving would have to be done around the existing monitoring wells. Continue Discussion of the Review and Possible Amendment to the Business Credit Card Policy This item was deferred from the December 8 meeting. Ald. Salentine stated she approved the proposed language and recommended approval. Ald. Schroeder seconded. Motion failed with Ald. Salentine voting “yes” and Ald. Schroeder voting “no.” The Mayor said the issue would proceed to Council without a recommendation. NEW BUSINESS Review and Recommend Award of Bid - Big Muskego Lake Fish Barrier Structure Mr. McMullen noted the following bids were received: Finance Committee Minutes Page 2 December 14, 2004 Phenco, Inc. $117,075 Henry Marohl, Inc. $109,100 C. W. Purpero, Inc. $ 56,700 B. B. Services Co. $183,760 Terra Engineering & Construction $ 98,157 Western Contractors, Inc. $131,350 Mr. McMullen stated the low bidder, C. W. Purpero, was contacted. They did not want to withdraw the bid submitted and are ready to proceed. Mayor Slocomb stated the expense for the project would be covered by the Lake District and the DNR. The DNR will pick up the bulk of the expense. Ald. Schroeder moved to recommend award of the bid to C. W. Purpero, Inc. in the amount of $56,700. Ald. Salentine seconded; motion carried. REDUCTION IN LETTER OF CREDIT Ald. Salentine moved to approve Letter of Credit reduction for Big Muskego Estates in the amount of $412,617.30 pursuant to a recommendation of Engineering/Building Inspection Director Sean McMullen. Ald. Schroeder seconded; motion carried. Ald. Salentine moved to approve Letter of Credit reduction for Martin Estates in the amount of $41,000 pursuant to a recommendation of Engineering/Building Inspection Director Sean McMullen. Ald. Schroeder seconded; motion carried. Ald. Salentine moved to approve Letter of Credit reduction for Lindale Estates in the amount of $23,500 pursuant to a recommendation of Engineering/Building Inspection Director Sean McMullen. Ald. Schroeder seconded; motion carried. Ald. Salentine moved to approve Letter of Credit reduction for Northfield Green in the amount of $403,440.40 pursuant to a recommendation of Engineering/Building Inspection Director Sean McMullen. Ald. Schroeder seconded; motion carried. VOUCHER APPROVAL Ald. Salentine moved for approval of payment of General Vouchers in the amount of $699,179.35, Tax Checks in the amount of $8,121.94 and Utility Vouchers in the amount of $66,153.05. Ald. Schroeder seconded; motion carried. Ald. Schroeder requested a copy of the vouchers approved by the Mayor for payment before December 31. ADJOURNMENT Ald. Schroeder moved to adjourn at 7:32 pm. Ald. Salentine seconded; motion carried. Respectfully submitted, Finance Committee Minutes Page 3 December 14, 2004 Jill Blenski, CMC Deputy Clerk