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FCM.2022.11.22 ApprovedCITY OF MUSKEGO APPROVED FINANCE COMMITTEE MINUTES November 22, 2022 5:45 PM MUSKEGO Muskego City Hall, W182 S8200 Racine Avenue CALL TO ORDER Mayor Petfalski called the meeting to order at 5:45 p.m. PLEDGE OF ALLEGIANCE Those present recited the Pledge of Allegiance. ROLL CALL Present: Alderperson Hammel and Alternate Alderperson Kapusta. Also present: Alderpersons Terrence, Schroeder and Madden; City Attorney Warchol, Recreation Director Dunn, Public Works Superintendent Beilfuss, Planner Fahl, and Deputy Clerk Roller. Absent: Alderpersons Wolfe and Kubacki. PUBLIC MEETING NOTICE Deputy Clerk Roller stated that the meeting was noticed in accordance with the open meeting law. APPROVAL OF MINUTES Approval of Finance Committee Minutes - October 11, 2022 Alderperson Hammel moved to approve Finance Committee Minutes from October 11, 2022. Alderperson Kapusta seconded; motion carried. Approval of Finance Committee Minutes - October 25, 2022 Alderperson Hammel moved to approve Finance Committee Minutes from October 25, 2022. Alderperson Kapusta seconded; motion carried. NEW BUSINESS Consideration of an Initial Resolution Regarding Industrial Development Revenue Bond Financing for Muskego Biotech Building LLC Project. Information with respect to the job impact of the project will be available at the time of consideration of the Initial Resolution. Alderperson Hammel moved to recommend approval. Alderperson Kapusta seconded; motion carried. After a brief discussion, Alderperson Kapusta moved to defer to the November 22, 2022 Common Council meeting for discussion without recommendation. Alderperson Hammel seconded; motion carried. Finance Committee Meeting Minutes — 11/22/2022 Page 12 Recommend Approval of Park Arthur Tournament Application with Policies and Procedures Alderperson Hammel moved to recommend approval. Alderperson Kapusta seconded; motion carried. Recommend Approval of Purchase of V-Box Salter (Transfer of Funds from Capital Budget item) Alderperson Hammel moved to recommend approval. Alderperson Kapusta seconded; motion carried. Recommend Approval of New Back Stop Fence for Bluhm Park Field 1 (Transfer Funds from Capital Budget Item) Alderperson Hammel moved to recommend approval. Alderperson Kapusta seconded; motion carried. VOUCHER APPROVAL Alderperson Hammel moved to recommend approval of Utility Vouchers in the amount of $10,365.88. Alderperson Kapusta seconded; motion carried. Alderperson Hammel moved to recommend approval of General Fund Vouchers in the amount of $814,8730.50. Alderperson Kapusta seconded; motion carried. Alderperson Hammel moved to recommend approval of Wire Transfers for Debt Service in the amount of $379,293.75. Alderperson Kapusta seconded; motion carried. Alderperson Hammel moved to recommend approval of Wire Transfers for Payroll/Invoice Transmittals in the amount of $486,781.13. Alderperson Kapusta seconded; motion carried. FINANCE DIRECTOR'S REPORT None. COMMUNICATIONS AND ANY OTHER BUSINESS AS AUTHORIZED BY LAW None. ADJOURNMENT Alderperson Hammel moved to adjourn at 5:52 p.m. Alderperson Kapusta seconded; motion carried. Minutes taken and transcribed by Deputy Clerk Roller.