Finance Committee Meeting

Finance Committee Meeting Cravath Lakefront room 2nd floor 312 West Whitewater Str, Whitewater, WI, 53190 *In Person and Virtual Tuesday, February 24, 2026 - 5:00 PM Citizens are welcome (and encouraged) to join our webinar via computer, smart phone, or telephone. Citizen participation is welcome during topic discussion periods. Please note that although every effort will be made to provide for virtual participation, unforeseen technical difficulties may prevent this, in which case the meeting may still proceed as long as there is a quorum. Should you wish to make a comment in this situation, you are welcome to call this number: (262) 473-0108. AGENDA CALL TO ORDER The meeting was called to order at 5:00 p.m. by Brian Schanen. ROLL CALL Present: Brian Schanen, Mike Smith and Patrick Singer. Absent: None. Additional Attendees: Rachelle Blitch, Director of Finance; Mason Becker, Economic Development Director; Steven Chesebro, City Attorney. CONSENT AGENDA Items on the Consent Agenda will be approved together unless any committee member requests that an item be removed for individual consideration. 1. January 27, 2026 Finance Committee Meeting Minutes A motion to approve the consent agenda was made by Mike Smith, Seconded by Patrick Singer. Voting Yes: Brian Schanen, Mike Smith and Patrick Singer. Voting No: None. HEARING OF CITIZEN COMMENTS No formal Committee action will be taken during this meeting although issues raised may become a part of a future agenda. Participants are allotted a three minute speaking period. Specific items listed on the agenda may not be discussed at this time; however, citizens are invited to speak to those specific issues at the time the Committee discusses that particular item. To make a comment during this period, or during any agenda item: On a computer or handheld device, locate the controls on your computer to raise your hand. You may need to move your mouse to see these controls. On a traditional telephone, dial *6 to unmute your phone and dial *9 to raise your hand. Finance Committee Meeting Minutes February 24, 2026 Page 2 CONSIDERATIONS / DISCUSSIONS / REPORTS 2. January 2026 Financials 3. Review and discussion of status of the Innovation Center and the Early Childhood Education and Childcare Center (ECEC) project Jeff Knight spoke about the Innovation Center. Chuck Mills spoke about the Innovation Center and Early Childhood Education and Childcare Center. 4. Review and possible action on Development Agreement with Whitewater Alpha Real Estate, LLC EXECUTIVE SESSION Adjourn to Closed Session, TO RECONVENE, pursuant to Wisconsin Statutes 19.85(1)(e) “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. Items to be discussed: A motion to go into closed session was made by Brian Schanen, Seconded by Patrick Singer. Voting Yes: Brian Schanen, Mike Smith and Patrick Singer. Voting No: None. The meeting was adjourned to closed session at 5:40 p.m. 5. WPPA, WPPSA, and FD Union Contract Negotiations Update RECONVENE INTO OPEN SESSION A motion was made to reconvene into open session by Brian Schanen, Seconded by Patrick Singer. Voting Yes: Brian Schanen, Mike Smith and Patrick Singer. Voting No: None. The meeting reconvened into open session at 6:14 p.m. CONSIDERATIONS / DISCUSSIONS / REPORTS 6. Discussion regarding a Mutual Aid Box Alarm System (MABAS) agreement with Walworth County 7. Review and Discussion: Status of Donations for the Library Renovation Project 8. Discussion on moving garbage and recycling services to a special charge Chuck Mills spoke about the garbage and recycling fees and contract. 9. Debt Policy 10. Discussion and review: Update on Capital Improvement Plan FUTURE AGENDA ITEMS 11. City Tree Inventory 12. Update on MOU with Downtown Whitewater Finance Committee Meeting Minutes February 24, 2026 Page 3 ADJOURNMENT A motion to adjourn was made by Patrick Singer, Seconded by Mike Smith. Voting Yes: Brian Schanen, Mike Smith and Patrick Singer. Voting No: None. The meeting adjourned at 6:45 p.m. A quorum of the Common Council may be present. This notice is given to inform the public that no formal action will be taken at this meeting. Anyone requiring special arrangements is asked to call the Office of the City Manager / City Clerk (262-473-0102) at least 72 hours prior to the meeting.