Finance Committee

900 Quay Street City of Manitowoc Manitowoc, WI 54220 www.manitowoc.org Meeting Minutes Finance Committee Tuesday, July 7, 2020 5:30 PM Council Chambers. Note-Meeting will also be available via Remote Conferencing 1. Call to Order 2. Roll Call Present: 4- Brey, McMeans, Sitkiewitz and Brunner Absent: 1- Schlei 3. Public Comment None. 4. Consent Agenda These items will be approved by one motion unless any Committee Member wishes to remove an item for discussion. REMOVAL OF CONSENT AGENDA ITEMS: Any Committee Member may request removal of any item from the Consent Agenda, and such item shall be removed without debate or vote. Any item or part thereof removed from the Consent Agenda shall be separately considered. Approval of the Consent Agenda Approval of the Consent Agenda Moved by Brunner, seconded by McMeans, to accept the Consent Agenda Items and recommendations of the various committees The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0646 Minutes of June 2, 2020 Finance Committee meeting, recommending approval and place on file Attachments: Minutes - Finance 6-2-20 City of Manitowoc Page 1 Finance Committee Meeting Minutes July 7, 2020 20-0647 Various minutes of the MPU Commission, recommending acceptance and place on file Attachments: MPU Minutes 2-10-20 MPU Minutes 3-23-20 MPU Minutes 4-13-20 MPU Minutes 5-11-20 MPU Minutes 5-26-20 MPU Minutes 6-8-20 20-0648 TID Districts 2019 Annual Report Department of Revenue, recommending acceptance and place on file Attachments: TID Districts 2019 Annual Report Department of Revenue 5. Discussion and Action Items 20-0657 Amendment to City policy to limit any combination of corporate bonds and Commercial Paper to 30% of portfolio Attachments: DRAFT Guide Book Policy Manual revision 2020 - Chapter 5 Investment Policy ICM - Manitowoc WI - Proposal to Investment Committee - Revisions to Investment Policy 7.7.20 Moved by McMeans, seconded by Brunner, that this Action Item be accepted. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0649 Ordinance to change District 8 Polling Place Attachments: D. 8 Polling Place Moved by Sitkiewitz, seconded by Brunner, that this Ordinance be accepted for Lincoln Park Cabin #2. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0650 Application for "Class B" Intoxicating Liquor & Fermented Malt Beverage License, Leslie O's LLC, d/b/a Deja Vu, 214 N. 8th St Attachments: Leslie O's LLC Application Moved by McMeans, seconded by Sitkiewitz, that this Application be accepted. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner City of Manitowoc Page 2 Finance Committee Meeting Minutes July 7, 2020 20-0651 Request from Salute to Everyone for permanent premises extension to new fenced in area north of the current outdoor area; recommend to approve the request. Attachments: Salute - premises extension request Moved by Sitkiewitz, seconded by Brunner, that this Request be accepted. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0652 Capital Allocation Working Group (CAWG) recommendation to fund up to $17,250.00 as an unbudgeted request for Engineering Department for Preliminary Engineering & Plan Preparation for Memorial Dr. form Waldo to E. Magnolia per the DOT SMA; recommend to approve the request. Attachments: CAWG - Engr. for Memorial Dr. per DOT SMA Moved by Brunner, seconded by McMeans, that this Request be accepted. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0641 CAWG Request for a DPI Leaf Trailer Vac; recommend to approve the request. Attachments: 20-0641 CAWG Request for Leaf Vac for DPI.pdf Moved by McMeans, seconded by Brunner, that this Request be accepted. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0654 Collateral Assignment of Tax Incremental District No. 20 Development Agreement Attachments: Collateral Assignment of Development Agreement (redlined) Final (01315754x9D9B4) Collateral Assignment of Development Agreement - Final (01321727x9D9B4) Moved by McMeans, seconded by Sitkiewitz, that this Agreement be accepted. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner City of Manitowoc Page 3 Finance Committee Meeting Minutes July 7, 2020 20-0667 Approval to conduct structural assessment on walkway behind River Lofts; recommend to deny the request and place on file. Attachments: Memo to Finance Committee re Structural Assessment_1 WisDNR approval encl permit for River pier etc. 10-3-2007.pdf River Lofts Walkway Survey Structural Assessment - Walkway behind River Lofts Moved by Sitkiewitz, seconded by McMeans, that this Report be accepted to deny the request and place on file. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0656 City of Manitowoc Residential Anti-Displacement and Relocation Assistance Plan Attachments: Document 23 - Relocation Plan Moved by McMeans, seconded by Brunner, that this Action Item be accepted. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0658 Discussion on COVID-19 Expenses and CARES Funding; recommend to accept and place on file. Attachments: City of Manitowoc COVID Response Funding Routes to Recovery Guidance Routes to Recovery Coronavirus Relief Fund FAQs Moved by Brey, seconded by McMeans, that this Report be accepted and place on file. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0659 Capital Allocation Working Group (CAWG) recommendation to fund up to $9,625.00 as an unbudgeted request for Community Development Department for the 8th Street Pedestrian Bridge; recommend to approve the request. Attachments: CAWG request for ped bridge ped bike bridge waves flow thru decking Moved by Sitkiewitz, seconded by Brunner, that this Request be accepted. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner City of Manitowoc Page 4 Finance Committee Meeting Minutes July 7, 2020 20-0661 Guide Book Policy Manual updates; recommend to approve the changes. Attachments: DRAFT Guide Book Policy Manual revision 2020 Moved by McMeans, seconded by Sitkiewitz, that this Policy be accepted to approve the changes. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0662 2nd Quarter Internal Control Report; recommend and place on file. Attachments: 2020_02 Check List for Finance Committee Moved by McMeans, seconded by Brunner, that this Report be accepted and place on file. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0663 Communication from Manitowoc County Treasurer of public notice of the tax foreclosure action in Rem 2020; recommend to accept and place on file. Attachments: Tax Foreclosre Action in Rem 2020 Moved by McMeans, seconded by Sitkiewitz, that this Communication be accepted and place on file. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0665 2nd Quarter Claims Report from City Attorney; recommend to accept and place on file. Attachments: Claims Report to Finance Committee Jan to June 2020 Moved by Brunner, seconded by McMeans, that this Report be accepted and place on file. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0666 Amendments to HAP Grant Agreement for Carferry Dock; recommend to adopt the amendments. Attachments: DRAFT - Badger 0495-18-05 Amend x_(1) Moved by Brey, seconded by Sitkiewitz, that this Agreement be accepted to adopt the amendments. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner City of Manitowoc Page 5 Finance Committee Meeting Minutes July 7, 2020 20-0640 Request for allocating the City's share of funding for a proposed water trail plan; recommend to approve the request. Attachments: 20-0640 Request Memo to Allocate City share for funding for Manitowoc River Watershed Trail Plan.pdf 20-0640 Proposed Water Trail Plan.pdf Moved by McMeans, seconded by Sitkiewitz, that this Request be accepted. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0668 Communication from City Assessor on 2019 Tax Roll Omitted Parcel: 789-007-190 (Pekarske Builders); recommend to approve and place on file. Attachments: Letter from Assessor - Pekarske Builders Assessment Notice - Pekarske Moved by McMeans, seconded by Sitkiewitz, that this Report be accepted and place on file. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 20-0669 COVID-19 Small Business Grant Update; recommend to accept and place on file. Attachments: Summary to Finance July 7 2020 List of Businesses COVID Grant Program Moved by McMeans, seconded by Brunner, that this Report be accepted and place on file. The motion carried by the following vote: Aye: 4- Brey, McMeans, Sitkiewitz and Brunner 6. Adjournment Moved by Sitkiewitz, seconded by Brunner, to adjourn. City of Manitowoc Page 6