Finance Committee

900 Quay Street City of Manitowoc Manitowoc, WI 54220 www.manitowoc.org Meeting Minutes Finance Committee Tuesday, August 3, 2021 5:30 PM Council Chambers Note - Meeting will also be available via Remote Conferencing (Zoom) Finance Committee Meeting Minutes August 3, 2021 1. Call to Order 2. Roll Call Present: 5- Brey, Sitkiewitz, Brunner, Cummings and Reckelberg 3. Public Comment Nobody from the public wanting to speak. 4. Presentations 21-0713 Mirro Site / Boys and Girls Club Update, recommend to place on file. Moved by Sitkiewitz, seconded by Cummings, that this Presentation be accepted and placed on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Brunner, Cummings and Reckelberg 5. 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 Sitkiewitz, seconded by Brunner, to accept the Consent Agenda Items and recommendations of the various committees The motion carried by the following vote: City of Manitowoc Page 1 Finance Committee Meeting Minutes August 3, 2021 Aye: 5- Brey, Sitkiewitz, Brunner, Cummings and Reckelberg 21-0711 Minutes of July 13, 2021 Finance Committee meeting, recommending approval and place on file Attachments: July 13, 2021 Finance Committee Minutes.pdf 21-0712 Communication from Manitowoc County Treasurer of public notice of the tax foreclosure action in Rem 2021; recommend to accept and place on file. Attachments: Tax Foreclosure Action in REM 2021.pdf 6. Discussion and Action Items 21-0714 2nd Quarter 2021 Budget Exception Report, recommend to accept and place on file. Attachments: 2021 2nd QTR Budget Exception Report.pdf Moved by Reckelberg, seconded by Sitkiewitz, that this Report be accepted and placed on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Brunner, Cummings and Reckelberg 21-0715 2nd Quarter 2021 Investment Report, recommend to accept and place on file. Attachments: 2nd QTR 2021 Investment Report.pdf Moved by Sitkiewitz, seconded by Brunner, that this Report be accepted and placed on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Brunner, Cummings and Reckelberg 21-0716 2nd Quarter 2021 Claims Report from City Attorney, recommend to accept and place on file. Attachments: Jan-June 2021 Claims Report.pdf Moved by Reckelberg, seconded by Sitkiewitz, that this Report be accepted and placed on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Brunner, Cummings and Reckelberg 21-0718 Discussion and possible action on potential items for the Mayor's Proposed 2022 City of Manitowoc Budget, recommend to accept and place on file. Moved by Cummings, seconded by Reckelberg, that this Action Item be accepted and placed on file. The motion carried by the following vote: Aye: 5- Brey, Sitkiewitz, Brunner, Cummings and Reckelberg City of Manitowoc Page 2 Finance Committee Meeting Minutes August 3, 2021 Notice is hereby given that the above governmental body may adjourn into a closed session during the meeting as authorized by Section 19.85(1)(e) of the Wisconsin Statutes, which authorizes the governmental body to convene in closed session for the purpose of deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business, whenever competitive or bargaining reasons require a closed session. The specific subject matter that may be considered in closed session is: 21-0717 Relocation of Visitor and Convention Bureau Alderperson Brey read the Notice to go into closed session. The motion to convene in closed session was made by E. Sitkiewitz and seconded by M. Cummings. The motion carried on a roll call vote: 5-aye; 0-nay 7. Closed Session 21-0717 Relocation of Visitor and Convention Bureau 8. Reconvene In Open Session The motion to reconvene in open session was made by J Brunner and seconded by E Sitkiewitz. The motion carried with a roll call vote: 5-aye; 0-nay 21-0717 Relocation of Visitor and Convention Bureau No action was taken on this item. 9. Adjournment A motion was made by John Brunner, seconded by Eric Sitkiewitz to adjourn. City of Manitowoc Page 3