APPROVAL OF CONSENT AGENDA
Items listed on the consent agenda are considered to be routine and will be enacted by one motion in the form listed hereafter. There will be no separate discussion of these items unless a Council member or citizen requests, in which case the item will be removed from the Consent Agenda and will be considered on the Regular Agenda.
Suggested Motion: Review the proposed amendments and provide direction to staff and the Town Attorney regarding preparation of an updated resolution for Council consideration.
Suggested Motion: I move to approve Resolution No. 2026-031, confirming Melvin Brewing’s exercise of its purchase option for the property located at 624 County Road 101 and authorizing the Town to proceed in accordance with the existing agreements, subject to final payoff, payment of all outstanding amounts owed to the Town, final review and approval by the Town Attorney, and applicable Wyoming Business Council requirements.
Suggested Motion:
Motion 1: I move to approve the Letter Agreement templates for property owners in Alpine Meadows with separated or offset joints and/or other minor sewer lateral conditions, subject to minor changes by staff.
Motion 2: I move to direct staff to prepare the templates for each affected property owner and authorize the mayor to execute the letter agreements once complete.
Suggested Motion: Motion to approve Ordinance No. 2026-011 - Boardwalk II Lot 18 Annexation on the 2nd Reading.
This document amends the Town’s current banking arrangement by changing the required overnight balance in the Town’s operating account to $0.00. Under the prior arrangement, the Town was required to leave $400,000.00 in the operating account overnight. Those funds did not earn interest while held in that account.
Under the amended arrangement, funds in the operating account will be transferred daily into a repurchase product, allowing Town funds to be more fully utilized and to earn interest rather than remaining idle in the operating account.
This change was also necessary to avoid a new monthly fee of $1,000.00 that would have been charged to insure any operating account balance above $250,000.00, which is the amount covered by FDIC insurance. By reducing the required overnight operating account balance to $0.00 and transferring funds daily into the repurchase product, the Town avoids that additional monthly cost while maintaining appropriate protection and management of public funds.
Because of the timing associated with implementing this change and avoiding the new fee, the document was signed prior to the next regular Council meeting. Council is now being asked to ratify those signatures and approve the document as executed.
Public comment is limited to a total of 20 minutes, with each speaker allowed up to 3 minutes. This is an opportunity to address the Council on any topic. The Council may listen but will not take action on items raised during this time. Speakers are expected to maintain decorum and be respectful. Written comments may be submitted by 12:00 PM (Noon) on the day of the meeting.