Minutes of the Finance Committee meeting held on Tuesday, January 4, 2011 pursuant to notice duly given.
1. Meeting called to order at 5:30 p.m. by Chairperson Maas.
2. Roll call: Jack Maas, Dick Doeren, Ed Young and Roger Reed. Also present: Mayor Fulton and Carol Stewart as recording secretary. Excused: Terri Berth
3. Moved by Doeren seconded by Reed to approve the agenda as presented.
4. No correspondence or public input.
5. Discussion/recommendation on:
a. Maas stated the grader is a 1978, inspected by the city mechanic and stamped approved; Moved by Doeren seconded by Young to accept and recommend to Committee of the Whole the recommendation from BPW to approve the purchase of a used grader for the budgeted amount of $63,000.00.
Motion carried upon electronically recorded vote. 4 ayes
b. Maas stated the proposals for monitoring well installation is in regards to the Kelly Pickle Property…DNR is mandating to have this done…this is the final step, which we thought had been completed; Mayor Fulton stated that before we can sell the property these borings need to be done along with lab work;
Moved by Reed seconded by Doeren to recommend to Committee of the Whole to approve proposal in the amount of $2,235.00 from Midwest Engineering for monitoring well installation.
Motion carried upon electronically recorded vote. 4 ayes
c. Maas stated the 4th of July Fireworks is the same display and same cost as last year and is a budgeted item. Mayor Fulton added this was a good opportunity to give back to community…a worthwhile thing to do;
Moved by Reed seconded by Doeren to recommend to Committee of the Whole to approve 4th of July Fireworks from Five Star Fireworks in the amount of $5,000.00.
Motion carried upon electronically recorded vote. 4 ayes
d. Moved by Reed seconded by Doeren to approve and recommend to Committee of the Whole the listing of accounts payable for $379,679. 33; payroll for $119,299.74 and financial reports.
Motion carried upon electronically recorded vote. 4 ayes
6. Motion by Reed seconded by Young to adjourn. M/C
Meeting adjourned at 5:40 p.m.
Carol Stewart
Deputy Clerk/Treasurer