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FCM.2022.09.27 (appr)APPROVED CITY OF MUSKEGO FINANCE COMMITTEE MINUTES September 27, 2022 5:30 PM Muskego City Hall, W182 S8200 Racine Avenue CALL TO ORDER Mayor Petfalski called the meeting to order at 5:30 p.m. PLEDGE OF ALLEGIANCE Those present recited the Pledge of Allegiance. ROLL CALL Present: Alderpersons Hammel and Kubacki. Absent: Alderperson Wolfe Also present: Alderpersons Kapusta, Schroeder, and Madden; City Attorney Warchol; Public Works and Development Director Kroeger; Deputy Clerk -Roller. PUBLIC MEETING NOTICE Ms. Crisp stated that the meeting was noticed in accordance with the open meeting law. APPROVAL OF MINUTES Approval of Finance Committee Minutes - September 13, 2022 Alderperson Kubacki moved to approve the Finance Committee Minutes for September 13, 2022. Alderperson Hammel seconded; motion carried. NEW BUSINESS Recommend Approval of Letter of Credit Reduction for the Glen at Muskego Lakes LLC Alderperson Hammel moved to recommend approval. Alderperson Kubacki seconded; motion carried. Recommend Approval of Muskego Biotech Building LLC Developer's Agreement Alderperson Kubacki moved to recommend approval. Alderperson Hammel seconded; motion carried. VOUCHER APPROVAL Alderperson Kubacki moved to recommend approval of Utility Vouchers in the amount of $25,749.31. Alderperson Hammel seconded; motion carried. Alderperson Kubacki moved to recommend approval of General Fund Vouchers in the amount of $234,052.25. Alderperson Hammel seconded; motion carried. Finance Committee Meeting Minutes — 9/27/22 Page 12 Alderperson Kubacki moved to recommend approval of Wire Transfers for Debt Service in the amount of $579,527.38. Alderperson Hammel seconded; motion carried. Alderperson Kubacki moved to recommend approval of Wire Transfers for Payroll/Invoice Transmittals in the amount of $385,803.54. Alderperson Hammel seconded; motion carried. FINANCE DIRECTOR'S REPORT None. COMMUNICATIONS AND ANY OTHER BUSINESS AS AUTHORIZED BY LAW 10rem ADJOURNMENT Alderperson Hammel moved to adjourn at 5:34 p.m. Alderperson Kubacki seconded; motion carried. Minutes taken and transcribed by Assistant Deputy Clerk -Treasurer Crisp.