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FCM20090908 CITY OF MUSKEGO Approved 9/22/2009 FINANCE COMMITTEE MINUTES Audio Recording Available Tuesday, September 8, 2009 Muskego City Hall, Aldermen’s Room Mayor Johnson called the meeting to order at 6:45 p.m. Present: Committee Members Ald. Werner and Snead, Finance Director Mueller, and Clerk-Treasurer Moyer. Ald. Fiedler was absent. Ald. Harenda, Borgman, Schneider, and Schaumberg (arrived during the meeting) were also present. Those present recited the Pledge of Allegiance. The Clerk stated that the meeting was noticed in accordance with the open meeting law. APPROVAL OF MINUTES Ald. Snead moved for approval of the August 25, 2009 minutes. Ald. Werner seconded; motion carried. FINANCE DIRECTOR’S REPORT Ms. Mueller stated that the 2010 budget binders have been distributed. She requested that any inquiries be directed to her. LICENSE APPROVALS Ald. Werner moved to recommend approval of a regular Operator’s License for Bradley Black, Tisha Jaeck, Traci Przybyla, Samantha Schmid and Ashley Swan subject to the licensing requirements being completed prior to issuance. Ald. Snead seconded; motion carried. Ald. Snead moved to approve a Taxi Driver’s License for Donna Sherman Ryan for the Muskego Senior Taxi Service. Ald. Werner seconded; motion carried. NEW BUSINESS Review and Recommendation Regarding Labor Agreement Between Telecommunicators Unit of the WPPA and the City of Muskego - January 1, 2009 to December 31, 2010 Mayor Johnson noted that this labor agreement and the two that will follow include the same financial provisions as in the Police agreement, which was approved at the last meeting. Ald. Werner moved to recommend approval. Ald. Snead seconded; motion carried. Review and Recommendation Regarding Labor Agreement Between City Hall/Library Unit of Local 2414 AFSCME and the City of Muskego - January 1, 2009 to December 31, 2010 The Mayor reiterated that the financial provisions are the same. He outlined the proposed changes that would be included in the new agreement. Ald. Snead moved to recommend approval. Ald. Werner seconded; motion carried. Finance Committee Meeting Page 2 September 8, 2009 Review and Recommendation Regarding Labor Agreement Between the Public Works and Utilities Departments and the City of Muskego - January 1, 2009 to December 31, 2010 The Mayor indicated that the new agreement would not include any changes other than those that relate to wages and insurance. Ald. Snead moved to recommend approval. Ald. Werner seconded; motion carried. Review and Recommendation Regarding Agreement for Professional Services between the City and Ruekert-Mielke for Well No. 9 Pumping Station, Well No. 5 Demolition, No. 13 Pump Station and Water Main Construction Mayor Johnson stated that the Public Utilities Committee reviewed the agreement and recommended approval. He noted that the project qualified for some stimulus funding. Ald. Werner moved to recommend approval. Ald. Snead seconded; motion carried. Review and Recommendation Regarding Reduction in Letter of Credit for Northfield Green The Mayor stated that both the City Engineer and consulting engineers have reviewed the request to reduce the letter of credit and have recommended approval. Ald. Werner moved to recommend a reduction in the letter of credit for Northfield Green in the amount of $43,616.95. Ald. Snead seconded; motion carried. Review and Recommendation Regarding Amendment to City Policy for Depositing and Investing City Funds Clerk-Treasurer Moyer stated that the current investment policy does not allow the City to borrow funds to other taxing entities on a short-term basis (13 months or less). The City may have an opportunity to borrow money to a school district on a short-term basis. This type of borrowing is done by school districts in need of funds until their tax revenues are received. It would allow the City to earn a higher interest rate than the current investment market. Ald. Werner stated it was excellent fiscal management to do this. The City’s investment policy needs to be amended to allow for this type of borrowing. Ald. Werner moved to recommend that the City Policy for Depositing and Investing City Funds be amended. Ald. Snead seconded; motion carried. Review and Recommendation Regarding Expenditure to Replace Lighting at the D.P.W./Utilities and Police Department Garages Mayor Johnson stated an energy audit revealed that the City could realize an annual savings of $6,000 by replacing the lighting fixtures at the D.P.W. and Police Department garages. A rebate in the amount of $4,704 is also available through September 30. The project will be paid for in two to three years. The Mayor proposes that funds remaining from the Fire Dept. roofing project be used for the lighting replacement. Ald. Werner moved to recommend approval to replace the lighting at the D.P.W./Utilities and Police Department Garages at a cost of $20,524. Ald. Snead seconded; motion carried. VOUCHER APPROVAL Ald. Snead moved to recommend approval of Utility Vouchers in the amount $41,561.31. Ald. Werner seconded; motion carried. Finance Committee Meeting Page 3 September 8, 2009 Ald. Snead moved to recommend approval of Tax Checks in the amount of $5,454.87. Ald. Werner seconded; motion carried. Ald. Snead moved to recommend approval of General Vouchers in the amount of $915,386.16. Ald. Werner seconded; motion carried. ADJOURNMENT Ald. Snead moved to adjourn the meeting at 7:08 p.m. Seconded by Ald. Werner; motion carried. Jill Blenski, CMC Deputy Clerk