Finance Committee

900 Quay Street City of Manitowoc Manitowoc, WI 54220 www.manitowoc.org Meeting Minutes Finance Committee Tuesday, October 1, 2024 5:30 PM Council Chambers / Virtual (Via Zoom) 1. Call to Order 2. Roll Call Present: 5- Brey, Reckelberg, Sitkiewitz, Schlei and Norell 3. Public Comment Finance Committee Chair Alderperson Brey declared the meeting open for public comment. In accordance with policy, the public comment portion of the meeting is not made part of the official record. 4. Presentations 24-1867 KerberRose Presentation of Management Letter and Annual Comprehensive Financial Report for year ended December 31, 2023 Attachments: City of Manitowoc - Management Letter - 12.31.23_Issued City of Manitowoc ACFR 12.31.23_Issued 5. Consent Agenda These items will be approved by one motion unless any Committee Member wishes to remove an item for discussion. 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. REMOVAL OF CONSENT AGENDA ITEMS: None Approval of the Consent Agenda Moved by Reckelberg, seconded by Norell, to accept the Consent Agenda Items and recommendations of the various committees The motion carried by the following vote: Aye: 5- Brey, Reckelberg, Sitkiewitz, Schlei and Norell 24-1868 Minutes of September 3, 2024 Finance Committee Meeting, recommending approval and place on file Attachments: 9-3-2024 Finance Committee Minutes City of Manitowoc Page 1 Finance Committee Meeting Minutes October 1, 2024 24-1869 Minutes of various Manitowoc Public Utilities Commission Meetings, recommending accepting and place on file Attachments: MPU 2024-07-22 Minutes MPU 2024-08-26 Minutes 24-1870 3rd Qtr. 2024 Capital Allocation Working Group (CAWG) Request Log Report, recommending approval and place on file. Attachments: Q3 2024 Log of CAWG Requests 6. Discussion and Action Items 24-1871 2023 Annual Comprehensive Financial Report with Auditor's Report; recommending to accept and place on file. Attachments: City of Manitowoc - Management Letter - 12.31.23_Issued City of Manitowoc ACFR 12.31.23_Issued Moved by Reckelberg, seconded by Schlei, that this Report be accepted and placed on file. The motion carried by the following vote: Aye: 5- Brey, Reckelberg, Sitkiewitz, Schlei and Norell 24-1872 CAWG Request (Unbudgeted) from Engineering for amount not to exceed $50,000 for Custer Lane Storm Sewer Attachments: Email - Unbudgeted Request and CAWG Approvals for Custer Ln Storm Sewer Capital Request Form - Unbudgeted Request for Storm Sewer Replacement on Custer Ln. Under Diversion Motors Driveway Memo - 24-1536 Flooding Issues at 4336 Custer Lane Custer Lane - Storm Sewer Drawing 04-02-17 6-5-24 PI Committee Minutes Quote from Vinton Construction Photos - IMG_1430 - IMG_1434 Moved by Sitkiewitz, seconded by Reckelberg, that this Request be placed on file. The motion failed by the following vote: Aye: 2- Reckelberg and Sitkiewitz Nay: 3- Brey, Schlei and Norell Moved by Brey, seconded by Schlei, to approve the Request of using CAWG money not to exceed $50,000 for the Custer Lane Storm Sewer. The motion carried by the following vote: Aye: 3- Brey, Schlei and Norell City of Manitowoc Page 2 Finance Committee Meeting Minutes October 1, 2024 Nay: 2- Reckelberg and Sitkiewitz 24-1873 EPA Brownfield Cleanup Grant (#00E03876) Cooperative Agreement Attachments: Email from Community Development Director - Notice of EPA Brownfield Cleanup Grant Award EPA Brownfield Cleanup Grant Annoucement Letter EPA Brownfield Cleanup Grant Cooperative Agreement for 1512 Washington Street EPA Brownfield Cleanup Grant Workplan for City of Manitowoc_WI_FY2024 Moved by Sitkiewitz, seconded by Schlei, that this Agreement be approved. The motion carried by the following vote: Aye: 5- Brey, Reckelberg, Sitkiewitz, Schlei and Norell 7. Closed Session 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)(a) of the Wisconsin Statutes, which authorizes the governmental body to convene in closed session for the purpose of deliberating concerning a case which was the subject of any judicial or quasi-judicial trial or hearing before that governmental body. The specific subject matter that may be considered in closed session is: 24-1874 Application for "Class B" Intoxicating Liquor & Fermented Malt Beverage License, TAV-2435A, KC's Culinary Camper LLC DBA KC's Kitchen & Cocktails, 1202 S 10th St Attachments: TAV-2435A Application - KC's Kitchen & Cocktails Letter from Clerks Office - TAV-2435A - KC's Kitchen & Cocktails 24-1881 Two Year Operator License (#240281) for S. Elliott Attachments: Two Year Operators License (#240281) for S. Elliott Letter from Clerks Office - Two Year Operators License (#240281) for S. Elliott Moved by Reckelberg, seconded by Sitkiewitz, that this meeting be convened in closed session. The motion carried by the following roll call vote: Aye: 5- Brey, Reckelberg, Sitkiewitz, Schlei and Norell 8. Reconvene in Open Session Moved by Reckelberg, seconded by Sitkiewitz, that this meeting be reconvened in open session. The motion carried by the following roll call vote: Aye: 5- Brey, Reckelberg, Sitkiewitz, Schlei and Norell City of Manitowoc Page 3 Finance Committee Meeting Minutes October 1, 2024 24-1874 Application for "Class B" Intoxicating Liquor & Fermented Malt Beverage License, TAV-2435A, KC's Culinary Camper LLC DBA KC's Kitchen & Cocktails, 1202 S 10th St Attachments: TAV-2435A Application - KC's Kitchen & Cocktails Letter from Clerks Office - TAV-2435A - KC's Kitchen & Cocktails Moved by Sitkiewitz, seconded by Schlei, to recommend approvel of the license pursuant to WI State Statute 111.335. The motion carried by the following vote: Aye: 5- Brey, Reckelberg, Sitkiewitz, Schlei and Norell 24-1881 Two Year Operator License (#240281) for S. Elliott Attachments: Two Year Operators License (#240281) for S. Elliott Letter from Clerks Office - Two Year Operators License (#240281) for S. Elliott Moved by Sitkiewitz, seconded by Norell, to recommend denial of the license pursuant to WI State Statute 111.335. The motion carried by the following vote: Aye: 5- Brey, Reckelberg, Sitkiewitz, Schlei and Norell 9. Adjournment Moved by Reckelberg, seconded by Schlei, that this meeting be adjourned. The motion carried by the following vote: Aye: 5- Brey, Reckelberg, Sitkiewitz, Schlei and Norell City of Manitowoc Page 4