COMMITTEE:            Finance and Land Acquisition Committee

 

DATE:                        May 16, 2006

 

TIME:                        6:30 p.m.

 

MEMBERS

PRESENT:                 Plese, Gilmour, Strong, Hoppe, Hermes, Johnston, Orr    

 

ABSENT:                   Mietzner                                

 

NON-MEMBERS

PRESENT:                 City Administrator John McIntyre, Accounting Supervisor Robin Theobald, Executive Secretary Sheryl Puracchio, Reporter Monson & Smith, City Attorney Eric Hanson

 

DISCUSSION:            Open Meeting

 

ACTION:                   Alderman Hermes made a motion and Alderman Strong seconded to open the meeting at 6:31 p.m. All yes. Motion passed.

 

DISCUSSION:            Approval of Financial Reports

 

ACTION:                   Alderman Johnston made a motion and Alderman Hoppe seconded to approve the April Collector’s Report in the amount of $181,588.16 and the April Payables in the amount of $197,126.28.  All yes. Motion passed.

 

DISCUSSION:            Update on Budget

 

ACTION:                   Theobald stated budget binders are complete and ready for everyone to pick up. The budget workshop will be held on May 23 at 5:30 p.m.

 

DISCUSSION:            Miscellaneous

 

ACTION:                   School/Park Land/Cash Appraisal – Plese stated that the school and park districts worked with an outside firm to evaluate land value per acre.  The cost per acre is now $105,000.  Plese asked that the Ordinance & License Committee review the report so the City can move forward to amend the current ordinance.

                                   

DISCUSSION:            Adjourn

 

ACTION:                   Alderman Johnston made a motion and Alderman Strong seconded to adjourn at 6:39 p.m. All yes. Motion passed.