Loading...
FCM20101012 CITY OF MUSKEGO Unapproved FINANCE COMMITTEE MINUTES Tuesday, October 12, 2010 Muskego City Hall Mayor Johnson called the meeting to order at 5:50 p.m. Committee Members Ald. Fiedler andWerner were present. Also present: Ald. Harenda, Borgman, and Schaumberg, and Deputy Clerk Blenski. Those present recited the Pledge of Allegiance. The Deputy Clerk stated that the meeting was noticed in accordance with the Open Meeting Law. APPROVAL OF MINUTES Ald. Fiedler moved to approve September 14 and September 18 minutes. Ald. Werner seconded; motion carried. LICENSE APPROVALS Operator Ald. Fiedler moved to recommend approval of a regular Operator’s License for Katie Musurlian subject to the licensing requirements being completed prior to issuance. Ald. Werner seconded; motion carried. NEW BUSINESS Discuss Denial of Claims from Storm Damage Mr. Dennis Tweedale of the League of Wisconsin Municipalities Mutual Insurance (LWMMI) and Mr. Rick Kalscheuer of R & R Insurance were present. Mr. Tweedale provided a brief history regarding “No Fault Sewer Backup” Insurance. The coverage has been available since 1994. It pays $100,000 per occurrence with a maximum of three per year. If a municipality has the No Fault Insurance, coverage is provided for those situations where a backup occurs, but there is no liability on the part of the insured. There could be coverage under a municipality’s liability insurance, if negligence is found. Mr. Tweedale stated that he never had a situation where the $100,000 coverage was not sufficient until 2008. LWMMI currently has 345 members and approximately one third have the No Fault coverage. Some municipalities do not believe in having the No Fault coverage because they feel if you go down that path, where do you stop? One of the problems with the coverage is who does the adjusting? A homeowner’s policy pays on a replacement cost basis. actual cash value basis Recommendation Regarding Claims Denied by the City’s Insurance Carrier Discuss Muskego Fire Department Issue with the IR Finance Committee Meeting Page 2 October 12, 2010 VOUCHER APPROVAL Ald. Snead moved to recommend approval of Utility Vouchers in the amount $116,002.22. Ald. Fiedler seconded; motion carried. Ald. Snead moved to recommend approval of General Vouchers in the amount $656,190.52. Ald. Fiedler seconded; motion carried. ADJOURNMENT Ald. Snead moved to adjourn the meeting at 6:15 p.m. Ald. Fiedler seconded; motion carried. Minutes taken and transcribed by Jill Blenski.