MONROE - In a meeting Wednesday, the City of Monroe Finance and Taxation Committee:
• Authorized purchase of a $500 sustaining membership to National Historic Cheesemaking Center. The funds will be paid out of the city's marketing account.
• Approved transfer of $3,530 to Senior Center Capital Account for future equipment purchases.
• Discussed and authorized purchase of state-mandated traffic signs and posts for streetscape area in the amount of $8,088 using TID 7 funds. The approved signage does not include street signs, way-finding signs and other signage.
• Discussed and authorized purchase of 40 flower planters for streetscape area for about $10,611 using TID 7 funds. Costs for the pots will deviate from estimates because of changes in freight and corporate price adjustments
• Discussed and recommended to council to hire Johnson & Block to perform water department audit at a cost of $5,500.
• Discussed and recommended to council to approve a resolution authorizing a three-year equipment lease with Chase Equipment Finance, Inc. for four Dodge Charger police vehicles. The principal amount is $67,612, The lease is a financial arrangement in lieu of a loan from the company, which Police Chief Fred Kelley said the city is not authorized to make.
• Authorized Rob Jacobson, Chairman of the Ad Hoc Technological Improvement Committee, to send out requests for proposals for technical services.
• Reviewed and authorized Ad Hoc Technological Improvement Committee to move forward with plans to upgrade City Hall computer network wiring.
• Reviewed proposals from outside firms to assist city with work to amend TID 6 for renewal in September. Committee postponed any action pending more information from the firms.
• Discussed general obligation bonding for proposed west side fire station and unanimously agreed upon one of two financing options.
• Recommended to council to approve the following resolutions: Initial resolution authorizing $950,000 general obligation bonds for the construction of an engine house; resolution providing for the sale of not to exceed $950,000 general obligation engine house bonds.
• Authorized purchase of a $500 sustaining membership to National Historic Cheesemaking Center. The funds will be paid out of the city's marketing account.
• Approved transfer of $3,530 to Senior Center Capital Account for future equipment purchases.
• Discussed and authorized purchase of state-mandated traffic signs and posts for streetscape area in the amount of $8,088 using TID 7 funds. The approved signage does not include street signs, way-finding signs and other signage.
• Discussed and authorized purchase of 40 flower planters for streetscape area for about $10,611 using TID 7 funds. Costs for the pots will deviate from estimates because of changes in freight and corporate price adjustments
• Discussed and recommended to council to hire Johnson & Block to perform water department audit at a cost of $5,500.
• Discussed and recommended to council to approve a resolution authorizing a three-year equipment lease with Chase Equipment Finance, Inc. for four Dodge Charger police vehicles. The principal amount is $67,612, The lease is a financial arrangement in lieu of a loan from the company, which Police Chief Fred Kelley said the city is not authorized to make.
• Authorized Rob Jacobson, Chairman of the Ad Hoc Technological Improvement Committee, to send out requests for proposals for technical services.
• Reviewed and authorized Ad Hoc Technological Improvement Committee to move forward with plans to upgrade City Hall computer network wiring.
• Reviewed proposals from outside firms to assist city with work to amend TID 6 for renewal in September. Committee postponed any action pending more information from the firms.
• Discussed general obligation bonding for proposed west side fire station and unanimously agreed upon one of two financing options.
• Recommended to council to approve the following resolutions: Initial resolution authorizing $950,000 general obligation bonds for the construction of an engine house; resolution providing for the sale of not to exceed $950,000 general obligation engine house bonds.