Finance Minutes 6/16/09

Minutes of the Special Finance Meeting held on Tuesday, June 16, 2009 at city hall pursuant to notice duly given.

1. Meeting called to order at 4:30 p.m. by Chairperson Maas.
2. Roll call: Jack Maas, Dick Doeren, Joe Stiloski, Ed Young and Tom Fulton. Mayor Nerenhausen and Linda Belongia, Administrator and as recording secretary also present.
3. Moved by Fulton seconded by Doeren to approve of the agenda as presented.
Motion carried upon verbal voice vote. 5 ayes
4. Maas stated the committee may vote to convene into Closed Session pursuant to notice duly given and as allowed by Wis. Stats. 19.85(1)(e) for
discussion on the recommendation from the Plan Commission to sell
Outlot 1 located between the Oconto River and Lamkey Street.
Moved by Doeren seconded by Joe Stiloski to convene into Closed Session at 4:30 p.m.
Motion carried upon verbal roll call vote. 5 ayes

CLOSED SESSION

5. Moved by Doeren seconded by Fulton to reconvene into Open Session at 4:52 p.m.
Motion carried upon verbal voice vote. 5 ayes

Moved by Fulton seconded by Doeren to recommend to Council t that Outlot 1 be sold to Eric Schanau for $10,000.00 contingent that Lamkey Street be vacated; contingent that Mr. Schanau purchase 103
Park Avenue; contingent that a CSM be done to combine all three lots into
one; contingent that the renovation of 103 Park Avenue be completed
within one year of the closing with renovation costs totaling at least 50%
more than the current assessed value of this home per city assessment
records.
Motion carried upon verbal voice vote. 4 ayes 1 no – Joe Stiloski

Belongia as information only informed Finance of estimate on state shared revenue cuts based on proposed state budget, city revenue would be
reduced by $18,884; Belongia stated the budget has not been approved,
so this is only an estimate at this time; Belongia also informed Finance of
an $11.00 per day charge the Sherriff’s dept is now charging on inmates
put in jail on warrants. Chairperson Maas asked that the inmate charge issue be
placed on the July Finance Agenda.

6. Moved by Fulton seconded by Doeren to adjourn. M/C
Meeting adjourned at 5:00 p.m.

Minutes submitted by
Linda M. Belongia,
Administrator