The Finance Committee is meeting 07/11/2022 at 5:30PM. They will be receiving a presentation from CliftonLarsonAllen, LLP of the city’s 2021 Audit and Executive Summary. They will also be voting on a number of action items including a new walk-in freezer at Reid Golf Course […]
Tag: Finance Committee
Water Main Resolution Passed After Being Stripped Of Language That Would Reallocate ARPA Dollars; Council Votes To Ask The State To Give The City $35.1 Million
On 06/01/2022 Resolution 5-R-22, the Water Main Resolution, was taken up first by a joint meeting of the Finance and Utilities Committee and then by the full Common Council. During the joint committee meeting, the resolution was amended to remove the language about reallocating American […]
Finance And Utilities Committees To Hold Joint Session On 06/01/2022 – Will Vote On Resolution Reallocating $6 Million In ARPA Funds To Replace Undersized Water Mains
The Finance Committee and the Utilities Committee will be holding a joint special session on 06/01/2022 at 6PM. They will be taking up Resolution 5-R-22, the Water Main Resolution. This was introduced by Alderperson Chad Doran (District 15) and, if approved, would reallocate $6 million […]
Finance Committee Meeting 05/23/2022 – Will Vote On 2023 Special Assessment Policy
The Finance Committee is meeting 05/23/2022 at 5:30PM. They will be voting on the 2023 Special Assessment Policy, a contract, and a contract amendment as well as receiving information items regarding various ongoing contracts and contract change orders. They’ll also be receiving information items on […]
Common Council Votes To Approve Issuance Of $15.53 Million In General Obligation Promissory Notes And $11.71 Million In Sewerage System Revenue Bonds
On 05/18/2022 the Common Council voted to approve the issuance of $15,530,000 General Obligation Promissory Notes and $11,710,000 Sewerage System Revenue Bonds. This borrowing is an annual thing that the city does and is used to fund the Capital Improvement Plan and utility projects. During […]
Special Meetings Of The Finance And Utilities Committees Scheduled Ahead of 05/18/2022 Common Council Meeting
On 05/18/2022 ahead of the Common Council meeting at 7PM, there will be two special committee meetings. At 6:30PM the Finance Committee will meet to lock in the interest rates for the $15,530,000 General Obligation Promissory Notes and the $11,460,000 Sewerage System Revenue Bonds that […]
Finance Committee Votes To Approve Sale Of $15.53 Million General Obligation Promissory Notes And $11.46 Million Sewerage System Revenue Bonds
The Finance Committee met 05/09/2022. They received a presentation on the sale of General Obligation Notes and Sewerage System Revenue Bonds from Baird representative Brad Viegut. They then voted to approve the sale of $15,530,000 worth of General Obligation Promissory Notes and $11,460,000 Sewerage System […]
Finance Committee Meeting 05/09/2022 – Will Vote On Request To Sell $27 Million Worth Of Bonds
The Finance Committee is meeting 05/09/2022 at 5:30PM. There are a couple items of note on the agenda. They will be receiving a presentation from Brad Viegut of Baird regarding the 2022 General Obligation Notes and the Sewerage System Revenue Bonds Sales. Related to that […]
Finance Committee And Transit Commission Vote To Amend Lamers Contract To Run Downtown Trolley, Increasing Total Cost By $5,000
Both the Finance Committee (on 04/25/2022) and the Transit Commission (on 04/26/2022) took up a request to approve a contract amendment between Valley Transit and Lamers Bus Lines for the trolley service that runs on weekends in the downtown area. This was a very rushed […]
Finance Committee Meeting 04/25/2022 – Will Vote On Contract For Ellen Kort Peace Park Trail, Review 2021 Green Tier Legacy Community Annual Report
The Finance Committee is meeting 04/25/2022 at 5:30PM. They’ll be electing a Vice-Chair, Tax Appeals members, and a CEA Board member. Outside of those, they have 9 action items they will be voting on. Most of them seem pretty routine. One item of interest is […]