Finance Committee
Regular MeetingManitowoc, WI · January 20, 2020
Minutes
900 Quay Street
City of Manitowoc Manitowoc, WI 54220
www.manitowoc.org
Meeting Minutes
Finance Committee
Monday, January 20, 2020 5:05 PM Council Chambers
1. Call to Order
2. Roll Call
Present: 5- Brey, McMeans, Sitkiewitz, Lotz and Novak
3. Presentations
20-0047 Presentation by Brad Viegut on upcoming Financing Plan
Attachments: prs finance committee plan_manitowoc 01.20.20
4. Discussion and Action Items
20-0034 Scope of Engagement relative to proposed issuance of $9,905,000 City of
Manitowoc Note Anticipation Note
Attachments: Scope of Engagement $9.905M Note Anticipation Note
Moved by Sitkiewitz, seconded by McMeans, that this Action Item be approved
and referred to council. The motion carried by the following vote:
Aye: 5- Brey, McMeans, Sitkiewitz, Lotz and Novak
20-0035 Resolution Authorizing the Issuance of $9,905,000 General Obligation
Promissory Notes and the Issuance and Sale of a $9,905,000 Note Anticipation
Note in Anticipation Thereof
Attachments: Res - $9.905M GOPN & NAN
Moved by Sitkiewitz, seconded by Lotz, that this Resolution be approved and
referred to council. The motion carried by the following vote:
Aye: 5- Brey, McMeans, Sitkiewitz, Lotz and Novak
20-0036 Resolution Providing for the Sale of Approximately $2,000,000 General
Obligation Promissory Notes
Attachments: Res - $2M GOPN
Moved by Sitkiewitz, seconded by Novak, that this Resolution be approved and
referred to council. The motion carried by the following vote:
Aye: 5- Brey, McMeans, Sitkiewitz, Lotz and Novak
City of Manitowoc Page 1
Finance Committee Meeting Minutes January 20, 2020
20-0037 Resolution Providing for the Sale of Approximately $9,905,000 General
Obligation Refunding Bonds
Attachments: Res - Sale of $9.905M GORB
Moved by Sitkiewitz, seconded by McMeans, that this Resolution be approved
and referred to council. The motion carried by the following vote:
Aye: 5- Brey, McMeans, Sitkiewitz, Lotz and Novak
5. Adjournment
Moved by McMeans, seconded by Lotz, that this meeting be adjourned at 5:23
p.m. The motion carried by the following vote:
Aye: 5- Brey, McMeans, Sitkiewitz, Lotz and Novak
City of Manitowoc Page 2
Agenda
900 Quay Street
City of Manitowoc Manitowoc, WI 54220
www.manitowoc.org
Meeting Agenda
Finance Committee
Monday, January 20, 2020 5:05 PM Council Chambers
Pursuant to Section 19.84(2) and (3) of the Wisconsin Statutes, notice is hereby
given to the public, to the Herald-Times-Reporter, the official newspaper of
Manitowoc, and to those news media who have filed a written request for this notice
that a meeting of the above-referenced will be held at the date, time and location
listed above.
Notice is hereby given that a majority of the Common Council of the City of
Manitowoc, or a standing committee of that body, may be present at this meeting to
gather information about the subject matter over which they have decision making
responsibility.
The above governmental body will meet to discuss and possibly take action on the
agenda items set forth below.
1. Call to Order
2. Roll Call
3. Presentations
20-0047 Presentation by Brad Viegut on upcoming Financing Plan
Attachments: prs finance committee plan_manitowoc 01.20.20
4. Discussion and Action Items
20-0034 Scope of Engagement relative to proposed issuance of $9,905,000 City of
Manitowoc Note Anticipation Note
Attachments: Scope of Engagement $9.905M Note Anticipation Note
20-0035 Resolution Authorizing the Issuance of $9,905,000 General Obligation
Promissory Notes and the Issuance and Sale of a $9,905,000 Note Anticipation
Note in Anticipation Thereof
Attachments: Res - $9.905M GOPN & NAN
City of Manitowoc Page 1 Printed on 1/14/2020
Finance Committee Meeting Agenda January 20, 2020
20-0036 Resolution Providing for the Sale of Approximately $2,000,000 General
Obligation Promissory Notes
Attachments: Res - $2M GOPN
20-0037 Resolution Providing for the Sale of Approximately $9,905,000 General
Obligation Refunding Bonds
Attachments: Res - Sale of $9.905M GORB
5. Adjournment
In accordance with the requirements of Title II of the Americans with Disabilities Act (ADA), the City
of Manitowoc will not discriminate against qualified individuals with disabilities on the basis of
disability in its services, programs, or activities. If you need assistance or reasonable
accommodations in participating in this meeting or event due to a disability as defined under the
ADA, please call the City Clerk's office at 920-686-6950 or the City’s ADA Coordinator at (920)
686-6990 or e-mail cityattorney@manitowoc.org at least 48 hours prior to the scheduled meeting or
event to request an accommodation. For additional assistance, individuals with hearing or speech
disabilities can call 711 and be connected to a telephone relay system.
City of Manitowoc Page 2 Printed on 1/14/2020
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