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Finance Committee

Regular Meeting

Manitowoc, WI · January 20, 2020

AgendaMinutes

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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