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FINANCE COMMITTEE

May 6, 2024 ·4:30 PM Approved

VIRTUAL

Agenda — 34 items

  1. 1 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: 895 2362 9037
  2. 2 CALL TO ORDER / ROLL CALL
  3. 1. PUBLIC COMMENT 83236
  4. 4 DISCLOSURES AND RECUSALS
  5. 5 CONSENT AGENDA Adopt the Consent Agenda Pass
  6. 6 ITEMS TO BE CONSIDERED
  7. 2. Submitting the appointment of Tana Elias for confirmation of a five-year term as the Madison Public Library Director. 82745 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  8. 3. Approving double fills for three Transit Utility Workers for up to eight months due to three retirements in the classification in January 2025. 82754 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  9. 4. Create the classification of “Community Development Manager” in CG18, Range 15. Delete the classification of “Community Development Grants Supervisor” from CG18, R15. Recreate the 1.0 FTE positions #111 and #4252 as “Community Development Manager” (CG18, R15) and reallocate the employees. 82820 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  10. 5. Recreate position #1471 of Account Clerk 3 as an Administrative Assistant in CG 20, Range 14 in the Parks operating budget and reallocate the employee. 82821 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  11. 6. Amending Section 3.04 and Section 3.54(9)(b) of the Madison General Ordinances related to the Employee Assistance Program to change the title EAP Administrator to EAP Director and add EAP Director to the list of non-civil service CG 21 Managerial Employees. 82889 Return to Lead with the Recommendation for Approval Pass
  12. 7. Delete the classification of “Employee Assistance Program Manager” from CG18, R15 in the salary schedule and recreate the classification in CG21, R18. Recreate the 1.0 FTE position #862 as “EAP Director” (CG21, R18) and reallocate the employee. 82836 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  13. 8. Authorizing the Director of Information Technology to Transfer Certain City-Owned Conduit, Fiber and Related Infrastructure to MUFN-C or its Members When it No Longer Serves the City’s Needs. 82501 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  14. 9. Approving the Madison Arts Commission’s selection of Jennifer Bastian as the next Thurber Park Artist-in-Residence, and approving Lisa Lang and Karolina Romanowska as alternates. 82584 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  15. 10. Reauthorizing of the City of Madison's Self-Insured Worker's Compensation Program as required by the Department of Workforce Development 82586 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  16. 11. Authorizing the City’s execution of a lease to allow the use of a portion of City-owned property located at 25 Burrows Road, commonly known as Burrows Park, by the Mendota Yacht Club, Inc. (District 12) 82844 Return to Lead with the Recommendation for Approval Pass
  17. 12. Authorizing a loan to Atwood Music Hall LLC or its assigns in the amount of $125,000 for real estate improvements to the commercial property at 1925 Winnebago Street through the TID 54 Small Cap TIF loan program using TID #54 incremental revenue as authorized in an amendment to the TID #54 Project Plan (RES 23-00507) adopted by the Common Council on July 25, 2023. (District 6) 82847 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  18. 13. Authorizing the execution of three (3) separate license agreements with Madison Gas and Electric Company for premises at the Larkin Communications Tower located at 126 Glenway Street, the Spaanem Water Tower located at 4724 Spaanem Avenue, and the Lake View Water Tower located at 1202 Northport Drive. (District 5, District 15, District 18) 82849 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  19. 14. Authorizing a $62,225 contract with Madison’s Central Business Improvement District (BID) and/or its fiscal sponsor to fund the continuation of the Downtown Activities Program focused on existing plazas around the Capitol Square and State Street (District 2, District 4, District 8) 82851 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  20. 15. Authorizing the Sale and Issuance of $3,365,000 Subordinate Water Utility Revenue Bonds, Series 2024A; And Providing Other Details and Covenants with Respect Thereto 82884 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  21. 16. Authorizing a sole source service contract with the Foundation for Black Women's Wellness for services to support the Dane County Health Council's project "Saving our Babies". 82900 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  22. 17. Authorizing a loan of $170,000 from the Community Facilities Loan Program to Literacy Network, Inc., to support facility improvements at 701 Dane Street, and authorizing the Mayor and City Clerk to enter into an agreement for that purpose. (District 14) 82907 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  23. 18. Authorizing the Mayor and City Clerk to execute a 2024 YHDP contract amendment with the Center for Community Stewardship to support the Madison/Dane County Continuum of Care’s Youth Action Board member compensation. 82922 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  24. 19. Supporting the effective dissemination of funds provided through the Violence Prevention Services for At Risk Apartment Buildings Amendment 83009 RECOMMEND TO COUNCIL TO ADOPT - REPORT OF OFFICER Pass
  25. 20. Amending the 2024 Adopted Budget for the Planning Division to add an additional $500 in Wisconsin Arts Board Grant revenues and seeking Common Council approval of the 2024-2025 Arts Grants awards as recommended by the Madison Arts Commission. 82638 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
  26. 21. Authorizing the City of Madison’s Streets and Urban Forestry Division to apply for and accept a grant from the Wisconsin Department of Natural Resources for $500,000 and, if awarded, amending the Streets 2024 Capital Budget and authorizing the Mayor and Clerk to sign the resulting grant agreement. 82753 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
  27. 22. Authorizing the Parks Division to submit, and if awarded, accept grant of up to $500,000 from the State of Wisconsin Department of Natural Resources for park improvements and authorizing the Mayor and City Clerk to enter into a contract with State of Wisconsin Department of Natural Resources to accept grant award. (District 18) 82913 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass
  28. 23. Authorizing the Parks Division to submit, and if awarded, to accept a grant of $4,000,000 from the State of Wisconsin Grants for Local Projects Program for the Breese Stevens Field Improvement Project and authorizing the Mayor and City Clerk to enter into a contract with the State of Wisconsin to accept the grant award; and amending the 2024 Adopted Capital Budget of the Economic Development Division and the Parks Division. (District 6) 82711 Refer Pass
  29. 29 DISCUSSION ITEM
  30. 24. 2023 Fiscal Year End Update 83240 Discuss and Finalize
  31. 31 CLOSED SESSION Convene into Closed Session Pass
  32. 25. Amending the Economic Development Division Capital Budget to authorize an additional $1.0 million in General Fund-supported GO Borrowing for tenant improvements for the lease of Unit 2 of the Fourteen02 Park Condominium as part of the Truman Olson redevelopment and authorizing an amendment to the lease with Maurer’s Urban Market as grocery operator, and the execution of documents related to the provision of electric service to Unit 2 of the Fourteen02 Park Condominium, construction of grocery, and tenant improvements, the execution of condominium documents for the Project and appointing the Economic Development Division Director (District 13). 82890
  33. 33 ADJOURNMENT Adjourn Pass
  34. 33 Amending the Economic Development Division Capital Budget to authorize an additional $1.0 million in General Fund-supported GO Borrowing for tenant improvements for the lease of Unit 2 of the Fourteen02 Park Condominium as part of the Truman Olson redevelopment and authorizing an amendment to the lease with Maurer’s Urban Market as grocery operator, and the execution of documents related to the provision of electric service to Unit 2 of the Fourteen02 Park Condominium, construction of grocery, and tenant improvements, the execution of condominium documents for the Project and appointing the Economic Development Division Director (District 13). 82890 RECOMMEND TO COUNCIL TO ADOPT (15 VOTES REQUIRED) - REPORT OF OFFICER Pass