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Finance Committee

Regular Meeting

Verona, WI · June 13, 2016

AgendaMinutes

Minutes

CITY OF VERONA MINUTES FINANCE COMMITTEE JUNE 13, 2016 VERONA CITY HALL 1. The meeting was called to order by William “Mac” McGilvray at 6:30 p.m. 2 Roll Call: William “Mac” McGilvray, Jack Linder. Absent (excused): Elizabeth Doyle. Also present: Jon Hochkammer, Mayor; Scott Stewart, Alderperson; Brad Stiner, Alderperson; Rebecca Kerns, Kendall McWilliams and Catherine Kealy, United Vaccines; and Cindy Engelke, Finance Director. 3. Approval of the 5/23/2016 Finance Committee Minutes: Motion by McGilvray, seconded by Linder, to approve the 5/23/2016 Finance Committee minutes. Motion carried 2-0. 4. Payment of Bills: Motion by McGilvray, seconded by Linder, to approve the payment of bills in the amount of $552,364.79. Motion carried 2-0. 5. Out of Office Checks: Motion by Linder, seconded by McGilvray, to approve the out-of- office checks in the amount of $4,202.25. Motion carried 2-0. 6. Resolution No. R-16-030 Approving a First Amendment to Development Agreement with United Vaccines: Rebecca Kerns from United Vaccines gave an update regarding the timeline for the construction of the biopharmaceutical facility. Rebecca stated that the original timeline as it turned out was too aggressive. The requested amendment to the development agreement to extend the original June 30, 2016 85% completion date to December 1, 2016 is primarily a result of needing additional time for HVAC design and specifications. With the HVAC design now complete, the facility construction is on schedule to be 85% complete no later than December 1, 2016. Motion by McGilvray, seconded by Linder, to recommend approval of Resolution No. R-16- 030 Approving a First Amendment to Development Agreement with United Vaccines. Motion carried 2-0. 7. Adjournment: Motion by McGilvray, seconded by Linder, to adjourn the Finance Committee Meeting at 6:42 p.m. Motion carried 2-0. Respectfully submitted, Cindy Engelke, Finance Director

Agenda

CITY OF VERONA FINANCE COMMITTEE MONDAY, JUNE 13, 2016 – 6:30 P.M. VERONA CITY CENTER 111 LINCOLN STREET AGENDA 1. Call to order 2. Roll call 3. Discussion and Possible Action re: Approval of 5/23/2016 Finance Committee Minutes 4. Discussion and Possible Action re: Payment of Bills 5. Discussion and Possible Action re: Out-of-office Checks 6. Discussion and Possible Action re: Resolution R-16-030 Approving a First Amendment to Development Agreement with United Vaccines The Finance Committee may convene in closed session as authorized by Section 19.85(1)(e) of the Wisconsin Statutes for the purpose of deliberating or negotiating the investing of public funds or conducting other specified public business, whenever competitive or bargaining reasons require a closed session. The Finance Committee may reconvene in open session and discuss and take action on the subject matter discussed in closed session. 7. Adjournment POSTED: Verona City Hall Verona Public Library Miller's Market City Web Page at www.ci.verona.wi.us 06/10/2016 IF YOU NEED AN INTERPRETER, MATERIALS IN ALTERNATIVE FORMATS, OR OTHER ACCOMMODATION TO ACCESS THE MEETINGS, PLEASE CONTACT THE CITY CLERK AT 845- 6495 AT LEAST 48 HOURS PRECEDING THE MEETING. EVERY REASONABLE EFFORT WILL BE MADE TO ACCOMMODATE YOUR REQUEST.

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