FINANCE COMMITTEE

VIRTUAL

Agenda — 23 items

1. 1 NOTE: A quorum of the Common Council may be present at this meeting.
2. 2 The City of Madison is holding the Finance Committee meeting virtually. 1. Written Comments: You can send comments on agenda items to financecommittee@cityofmadison.com 2. 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. 3. Watch the Meeting: If you would like to join the meeting as an observer, please visit https://www.cityofmadison.com/watchmeetings. 4. Listen by Phone: (877) 853-5257 (Toll Free) Webinar ID: 868 0361 2575
3. 3 CALL TO ORDER / ROLL CALL
4. 4 PUBLIC COMMENT
5. 1. PUBLIC COMMENT 86887
6. 6 DISCLOSURES AND RECUSALS
7. 7 CONSENT AGENDA Adopt the Consent Agenda Pass
8. 8 ITEMS TO BE CONSIDERED
9. 2. Recreate the 1.0 FTE position #4092 of Librarian 2 (CG33, R1) as a Maintenance Mechanic 2 (CG15, R9). 86792 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
10. 3. Authorizing the Mayor and City Clerk to enter into a two (2) year, competitively selected service contract with three (3) one (1) year renewal options with Shine United, LLC for marketing and advertising of Monona Terrace Community and Convention Center at a price not to exceed $175,000 per year. (District 4) 86789 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
11. 4. Authorizing the settlement and payment of a tax refund for tax years 2022 and 2023 for SLJ-II LLC v. City of Madison, Dane County Circuit Court Case number 2023CV001685. Authorizing entry into settlement agreement and approving payment of approximately $217,168 from City resources to effectuate the settlement, $81,606 represents the City’s approximate portion of the settlement for both tax years. (District 17) 86805 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
12. 5. Authorizing a noncompetitive contract with OPN Architects, Inc. to provide professional architecture and engineering services for Fire Station 06 at the proposed Community Development Authority’s South Park Street and West Badger Road Redevelopment Project (District 14). 86820 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
13. 6. Authorizing the Mayor and the City Clerk to execute a first amendment to the existing Three Party Design Engineering Services Contract between the City of Madison, Toole Design Group, LLC, and the State of Wisconsin Department of Transportation for Safe Routes to School Planning (Project Agreement 1009-22-14) authorized for funding through the Wisconsin DOT Transportation Alternatives Program (TAP). 86835 Return to Lead with the Recommendation for Approval Pass
14. 7. Amending the Public Health Budget to Accept Grant Funds from Nurse-Family Partnership (NFP) and create a 1.0 FTE Public Health Nurse and 1.0 FTE NFP Coordinator Position for the NFP Program 86600 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
15. 8. Amending the 2025 adopted operating budget for the City of Madison Fire Department to accept $12,463.05 from the Wisconsin Department of Military Affairs, Division of Emergency Management for the City of Madison Hazmat Regional Emergency Response/WHMRS Equipment Grant. 86826 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
16. 9. SUBSTITUTE Amending the Economic Development Division’s (EDD) 2025 Adopted Capital Budget to transfer $3,780,000 from the TID 51 capital program (program #99011) to the Land Banking program (program #12640) and authorizing the City’s execution of a Purchase and Sale Agreement with J & R Properties of Wisconsin LLC for the purchase of the property located at 1814 S. Park Street for land banking purposes, authorizing the expenditure of funds for environmental assessment, title work, closing costs, holding costs, and demolition work for the same property, all totaling $4,330,000, and authorizing the indemnification of the Seller. (District 14) 86853 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
17. 17 DISCUSSION ITEMS
18. 10. Presentation of the Finance Department's 2025 Internal Audit Plan 86891 Discuss and Finalize
19. 11. Update on Federal Executive Orders and Directives to Pause Federal Grants and Loans 86892 Discuss and Finalize
20. 20 CLOSED SESSION Convene into Closed Session Pass
21. 12. Discussion regarding negotiations with Bear Development for possible investment of Tax Increment Finance (TIF) funds into an affordable housing project proposed to be located at 501 E. Washington Ave 86889 Discuss and Finalize
22. 13. Discussion regarding negotiating directions for possible Land Banking purchase of properties located generally at 2010 Pennsylvania Avenue. 86890 Discuss and Finalize
23. 23 ADJOURNMENT Adjourn Pass