FINANCE COMMITTEE

VIRTUAL

Agenda — 24 items

1. 1 The City of Madison is holding the Finance Committee meeting in virtual format. Written Comments: You can send comments on agenda items to financecommittee@cityofmadison.com. Register for Public Comment: • Register to speak at the meeting • Register to answer questions • Register in support or opposition of an agenda item (without speaking) If you want to speak at this meeting you must register. You can register at https://www.cityofmadison.com/MeetingRegistration. When you register to speak, you will be sent an email with the information you will need to join the virtual meeting. Watch the Meeting: If you would like to join the meeting as an observer, please visit https://www.cityofmadison.com/watchmeetings. Listen by Phone: (877) 853-5257 (Toll Free) Webinar ID: 838 4891 0865
2. 2 Call to Order/Roll Call
3. 3 Public Comment
4. 1. PUBLIC COMMENT 89652
5. 5 Disclosures and Recusals
6. 6 Consent Agenda Adopt the Consent Agenda Pass
7. 7 Items to be Considered
8. 2. SUBSTITUTE: Amending Sections 4.095, 10.05, 10.055, 10.08, 10.101, 23.24 and 1.08(3)(a) and Creating Section 10.105 of the Madison General Ordinances to enhance the City’s street tree protection provisions and to establish a Street Tree Replacement Fund. 89254 Return to Lead with the Recommendation for Approval Pass
9. 3. Authorizing the settlement and payment of a tax refund for tax year 2023 for 1255 Fourier LLC v. City of Madison, Dane County Circuit Court Case number 2024CV001488. Authorizing entry into settlement agreement and approving payment of approximately $76,036.22 from City resources to effectuate the settlement, $30,360.03 represents the City’s approximate portion of the settlement. (District 9) 89377 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
10. 4. Approving Plans and Specifications for the Site Restoration of 114 E Wilson St (Former Government East Ramp). (District 4) 89270 Return to Lead with the Recommendation for Common Council to Adopt Pass
11. 5. Authorizing the Mayor and the City Clerk to execute an amendment to the Breese Stevens Stadium Use and Operating Agreement with Big Top Events LLC to update the limitations on alcohol sales at Stadium Events. (District 6) 89324 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
12. 6. Authorizing the Mayor and the City Clerk to enter into an agreement with the Mendota Yacht Club for the use and closure of the Marshall Park boat launch and surrounding area from September 17, 2025 through September 20, 2025. (District 19) 89619
13. 7. Approving the fabrication, installation, and locations of a visual land acknowledgement by James Terry and two murals by Rodrigo Carapia and Issis Macias, at the Madison Public Market and authorizing the Planning Division Director to sign any necessary contracts, agreements, and other documents to implement the project (District 12). 89338 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
14. 8. Authorizing execution of a sole source $150,000 contract with Downtown Madison Inc. for the preparation of a Downtown Economic Investment Strategy (District 2, District 4, District 6, District 8, and District 13). 89347 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
15. 9. Accepting the Economic Development Division’s “2025 Small Business Assistance Policy Paper” as the basis for structuring and conducting a Request for Proposals (RFP) process and authorizing the Community and Economic Development Divisions to undertake this process and recommend, for approval by the Common Council, a funding allocation plan regarding awards and contracts that will take effect on or after January 1, 2026 (Citywide). 89354 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
16. 10. Amending the capital improvement projects identified in the Hawthorne-Truax Neighborhood Plan, previously approved by Common Council via RES-24-00690 (Legistar #85812), to redirect Community Development Block Grant (CDBG) funds from lighting improvements to the creation of an art mural at Hawthorne Elementary School (District 12). 89355 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
17. 11. Authorizing a loan of up to $43,000 to Solace Friends, Inc. from the Community Facilities Loan Program to help finance exterior improvements to its facility located at 4142 Monona Drive, Madison WI, and authorizing the Mayor and City Clerk to sign an agreement for that purpose (District 15). 89356 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
18. 12. Authorizing the allocation of up to $2,000,000 of City Affordable Housing Funds to help the Madison Revitalization and Community Development Corporation (MRCDC) finance the rehabilitation and preservation of seven (7) units of rental housing and common area improvements at separate scattered site properties, and the Community Development Authority (CDA) finance the rehabilitation and preservation of eleven (11) units of rental housing at Monona Shores Apartments, and authorizing the Mayor and the City Clerk to enter into Loan Agreements. (District 5, District 10, District 11, District 14, District 16) 89378 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
19. 13. Amending the 2025 Adopted Engineering-Bicycle & Pedestrian Capital Budget and awarding Public Works Contract 8739, Tancho Dr Bike Path & Northeast Pond Repair. (District 17) 89266 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
20. 14. Amending the Parks Divisions 2025 Adopted Capital Budget using Golf Revenue Reserves for the purchase of specialized turf management equipment for the City of Madison Golf Courses. (District 11, District 13, District 15, and District 16) 89336 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
21. 21 Discussion Items
22. 15. Overview of 2026 Operating Budget Requests and Budget Process 89653
23. 16. Discussion of 2026 Budget Deliberation Meeting Format 89654
24. 24 Adjournment Adjourn Pass