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Meeting Name: Finance and Personnel Committee Agenda status: Final
Meeting date/time: 8/7/2006 5:00 PM Minutes status: Final  
Meeting location: City Hall, Room 103
Published agenda: Agenda Agenda Published minutes: Minutes Minutes  
Meeting video:  
Attachments:
File #Ver.Agenda #NameTypeTitleActionResultAction DetailsVideo
06-2301 A1.Municipal Judge resignationCommunicationSubject: Communication from the Municipal Judge announcing his resignation, effective August 13, 2006. Recommendation of the Finance & Personnel Committee 08-07-06: The communication from the Municipal Judge announcing his resignation be received and filed. Fiscal Note: N/ARecommended to be Received and FiledPass Action details Not available
06-2304 A2.portion of invoice written offCommunicationSubject: Communication from the City Attorney requesting that a portion of an invoice dated 12/17/04 to Downtown Racine Corporation Festival of Trees be written off. The Director of Parks, Recreation and Cultural Services be included in reference. Recommendation of the Finance & Personnel Committee 08-07-06: The $25,000 settlement offered on City Invoice #34191 be accepted as payment in full and the remainder of $3,845 be written off against Account 108.000.1210, Civic Centre Reserve for Uncollectible Accounts Receivable. Fiscal Note: $3,845 will come out of Account 108.000.1210, Civic Centre Reserve for Uncollectible Accounts Receivable.Recommended For ApprovalPass Action details Not available
06-2248 A3.Request to accept a $5,000.00 donation to the Mayor's Back to School/Stay in School program to be used for backpacks and school supplies for youth in Racine.CommunicationSubject: A communication from the Director of Parks Recreation and Cultural Services requesting to accept a $5,000.00 donation from Styberg Engineering to be utilized for the Mayor's Back to School/Stay in School program to purchase backpack and school supplies for the youth in Racine. Recommendation from the Finance & Personnel Committee 08-07-06: The Director of Parks Recreation and Cultural Services granted permission to accept a $5,000 donation from Styberg Engineering to be utilized for the Mayor's Back to School/Stay in School Program to purchase backpack and school supplies for the youth in Racine and that an appropriate letter of thanks be submitted. Fiscal Note: N/ARecommended For ApprovalPass Action details Not available
06-2187 A4.Pointe Blue TIDCommunicationSubject: Communication from the Director of City Development requesting the establishment of a tax increment district for the Pointe Blue redevelopment project. Recommendation of the Finance & Personnel Committee of 07-10-06: The item be deferred. Recommendation of City Plan Commission on 7-26-06: Approval of the creation of Tax Increment District Number 14 for the City of Racine and the proposed project plan for the district. Further, that the redevelopment project is consistent with City plans and programs. Recommendation of the Finance & Personnel Committee of 08-07-06: Approval of the establishment of Tax Increment District Number 14 for the City of Racine's Pointe Blue redevelopment project. Fiscal Note: N/ARecommended For ApprovalPass Action details Not available
06-2188 A5.Lincoln King TIDCommunicationSubject: Communication from the Executive Director of Neighborhood Housing Services requesting the creation of a Tax Increment Financing District to assist in the redevelopment of the site at 1014 Martin Luther King Drive. Recommendation of the Finance & Personnel Committee of 07-10-06: The item be deferred. Recommendation of City Plan Commission on 07-26-06: That the Plan Commission recommends approval of the creation of Tax Increment District Number 15 for the City of Racine and the proposed project plan for the district. Further, that the redevelopment project is consistent with City plans and programs. Recommendation of the Finance & Personnel Committee of 08-07-06: Approval of the establishment of Tax Increment District Number 15 and the proposed project plan for the property at 1014 Martin Luther King Drive. Fiscal Note: N/ARecommended For ApprovalPass Action details Not available
06-2183 A6.Resolution regarding Industrial Development Revenue Bond financing for Superior Industrial Coating, Inc.CommunicationSubject: Communication from Vincent Ruffolo of Superior Industrial Coating, Inc., submitting a request for the initial resolution regarding Industrial Development Revenue Bond Financing for Superior Industrial Coating, Inc.” by the City of Racine in the amount of $2,500,000. Recommendation of the Finance & Personnel Committee of 07-10-06: The item be deferred. Recommendation of the Finance & Personnel Committee of 07-24-06: The item be deferred. Recommendation of the Finance & Personnel Committee of 08-07-06: The item be received and filed. Fiscal Note: N/ARecommended to be Received and FiledPass Action details Not available
06-2311 A7.Discussion of the proposed processing fee for City Development bonds.CommunicationSubject: Communication from City Administrator requesting to present a proposed processing fee for City Development bonds. Recommendation of the Finance & Personnel Committee 08-07-06: The item be deferred. Recommendation of the Finance & Personnel Committee 09-11-06: The proposed processing fee for Industrial Revenue Bonds refer to West Allis fees and approve as proposed. Processing Fees for Industrial Revenue Bonds, Redevelopment Revenue Bonds and Multi-Family Revenue Bonds Size of Bond Issue Fee $500,000 or less . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,000 $500,001 thru $1,000,000 . . . . . . . . . . . . . . . . . . . . . . . . $4,000 $1,000,001 thru $1,500,000 . . . . . . . . . . . . . . . . . . . . . . . $5,000 $1,500,001 thru $2,000,000 . . . . . . . . . . . . . . . . . . . . . . . $6,000 $2,000,001 thru $3,500,000 . . . . . . . . . . . . . . . . . . . . . . . $8,000 Over $3,500,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$10,000 This fee structure is inclusive of aDeferredPass Action details Not available
06-2271 A8.Submitting the second quarter 2006 Financial Statements.CommunicationSubject: (Direct Referral) Communication from the Interim Finance Director submitting the second quarter 2006 Financial Statements. Recommendation of the Finance & Personnel Committee 07-24-06: The item be deferred Recommendation of the Finance & Personnel Committee 08-07-06: The second quarter 2006 financial reports be received and filed. Fiscal Note: N/ARecommended to be Received and FiledPass Action details Not available
06-2309 A9.Discussing the collective bargaining agreement between the City of Racine and the Racine Professional Employees Association (RPEA).CommunicationSubject: Communication from the Director of Human Resources requesting, in closed session, present a summary of the collective bargaining agreement between the City of Racine and the Racine Professional Employees Association (R.P.E.A.) 2006-2008. Recommendation: That the collective bargaining agreement between the City of Racine and the Racine Professional Employees Association (R.P.E.A.) 2006-2008 be approved. Fiscal Note: That the costs to the City will be in 2006, $65,784.58; 2007, $84,697.64; and 2008, $87,873.80. Increases do not include potential savings from premium contributions and plan design changes.Recommended For ApprovalPass Action details Not available