Finance Committee Meeting Monday, January 23, 2023 05:30 PM Municipal Building Council Chambers – 106 Jones Street, Watertown, WI 53094

By Phone or GoToMeeting: Members of the media and the public may attend by calling:
+1 (571) 317-3122 Access Code: 153-925-469 or https://www.gotomeet.me/EMcFarland 
All public participants' phones will be muted during the meeting except during the public comment period. 

1.CALL TO ORDER

2.REVIEW AND APPROVE MINUTES

1. A.Minutes of January 9, 2023

• 230109 Finance Minutes.pdf (0.06 MB)

3.BUSINESS

1. A.Review and take action: hire Mindy Fry to fill the open vacancy of Records Clerk/Specialist in the Police Department at Grade G  Step 4 [$23.35/hr.]

2. B.Discuss and take action: 2023 Capital Funds Reassignment for Borrowing

• 2023 Addl Borrowing.pdf (0.14 MB)
• 2023 Project List as of 220101.pdf (0.01 MB)
• Riverside Restrooms.pdf (0.02 MB)

3. C.Review and take possible action: Award City of Watertown Contract #9-22, Riverside Park Restroom Structure, to Ray Stadler Const. Co., Inc. for $1,154,800.00

• 2023.0119_AMB_Riverside Park Restroom Award.pdf (0.07 MB)
• BidWorksheet.pdf (0.03 MB)
• 2023.0207_Riverside Park Restroom Resolution.pdf (0.02 MB)

4. D.Review and take possible action: Change Order No. 1 to Contract #9-22 with Ray Stadler Const., Co. Inc. reducing contract amount by $62,260.00 to a contract price of $1,092,540.00

• 2023.0119_AMB_Riverside Park Restroom Change Order.pdf (0.07 MB)
• Change Order No. 1 of February 8, 2023.pdf (0.12 MB)
• Riverside Restroom Contract & Deductions.pdf (0.01 MB)
• Exh. XXXX – Resolution to approve Change Order No.pdf (0.02 MB)

5. E.Review and take action: update to the Employee Handbook of Policies and Procedures for the Achievement Recognition Award Program

• achievement recognition program final draft 2023.pdf (0.03 MB)

6. F.Discuss and approve: opening of BMO money market account

• BMO MMA Creation.pdf (0.14 MB)

7. G.Review and take potential action: Transfer responsibility of Riverfest Celebration

• IRS-Riverfest-EIN-Letter-CP575Notice_1674051170777.pdf (0.01 MB)
• Ltr. to DFI w_ enc. & tracking-20230113-.pdf (0.38 MB)
• 2023-01-17_Bylaws_AsApproved.pdf (0.02 MB)
• Minutes from Watertown Riverfest Inc - Jan 17 2023.pdf (0.02 MB)
• Riverfest Agreement 01 20 2023.pdf (0.19 MB)
• Resolution to Transfer Riverfest Funds.pdf (0.02 MB)

8. H.Convene into closed session per Wis. Stat. Sec. 19.85(1)(g) to confer with legal counsel of the governmental body who is rendering oral or written advice concerning strategy to be adopted by the body with respect to litigation in which it is or is likely to become involved. (K. Lambrecht v. City of Watertown)

9. I.Reconvene into open session

10. J.Convene into closed session per Wis. Stat. Sec. 19.85(e) for 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. (First Amendment of Development Agreement and Purchase Agreement between Riverhouse on the Rock LLC fka Main Street Watertown LLC and the City of Watertown)

11. K.Reconvene into open session

12. L.Convene into closed session per Wis. Stat. Sec. 19.85(e) for 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. (Assignment and Assumption of Substitute Development Agreement between Watertown Square LLC and the City of Watertown)

13. M.Reconvene into open session

14. N.Convene into closed session per Wis. Stat. Sec. 19.85(1)(g) to confer with legal counsel of the governmental body who is rendering oral or written advice concerning strategy to be adopted by the body with respect to litigation in which it is or is likely to become involved. (668 Johnson Street and 621 Bernard Street)

15. O.Reconvene into open session

4.ADJOURNMENT