Finance Committee

Council Chambers / Virtual (via Zoom)

Agenda — 29 items

1. 1 Pursuant to Section 19.84(2) and (3) of the Wisconsin Statutes, notice is hereby given to the public, to the Herald-Times-Reporter, the official newspaper of Manitowoc, and to those news media who have filed a written request for this notice that a meeting of the above-referenced will be held at the date, time and location listed above. Notice is hereby given that a majority of the Common Council of the City of Manitowoc, or a standing committee of that body, may be present at this meeting to gather information about the subject matter over which they have decision making responsibility. This meeting is being conducted in Council Chambers at City Hall and via remote conferencing software (Zoom) to maximize opportunities for residents to attend. Members of the public may call in at 888 475 4499 US Toll-free, Meeting ID: 846 8716 5670 Password: 106214 Public input will be accepted at this meeting. The above governmental body will meet to discuss and possibly take action on the agenda items set forth below.
2. 1. Call to Order ▶ jump to 0:44
3. 2. Roll Call ▶ jump to 0:47
4. 3. Public Comment ▶ jump to 0:52
5. 4. Presentations
6. 6 KerberRose Presentation of Management Letter and Annual Comprehensive Financial Report for year ended December 31, 2024 25-0553 ▶ jump to 1:18
7. 5. Consent Agenda ▶ jump to 21:18
8. 8 Minutes of July 1, 2025 Finance Committee Meeting, recommending approval and place on file 25-0554 approved Pass
9. 8 Approval of the Consent Agenda Confirmed Approval of the Consent Agenda Pass
10. 9 Minutes of July 21, 2025 Finance Committee Meeting, recommending approval and place on file 25-0555 approved Pass
11. 10 Minutes of various Manitowoc Public Utilities Commission Meetings; recommending accepting and place on file 25-0556 approved Pass
12. 11 2nd Qtr. 2025 Budget Exception Report, recommending approval and place on file 25-0557 approved Pass
13. 12 2nd Qtr. 2025 Investment Report, recommending approval and place on file 25-0558 approved Pass
14. 13 2nd Qtr. 2025 Internal Controls To Prevent and Detect Fraud Report, recommending approval and place on file 25-0559 approved Pass
15. 14 2nd Qtr. 2025 Capital Allocation Working Group (CAWG) Request Log Report, recommending approval and place on file 25-0560 approved Pass
16. 15 2024 Annual Comprehensive Financial Report (ACFR) with Auditor's Report; recommending to accept and place on file 25-0561 approved Pass
17. 16 These items will be approved by one motion unless any Committee Member wishes to remove an item for discussion. Any Committee Member may request removal of any item from the Consent Agenda, and such item shall be removed without debate or vote. Any item or part thereof removed from the Consent Agenda shall be separately considered. REMOVAL OF CONSENT AGENDA ITEMS: None
18. 6. Discussion and Action Items
19. 18 Request from Dug Out LLC (dba Dug Out Bar & Grill) for a temporary extension of premise for the sale of liquor and/or beer to include the parking lot to the west of the building & gravel/grass lots south of 4117 Broadway St on 8/23/25; recommending to approve the request 25-0562 approved Pass ▶ jump to 21:42
20. 19 Application for "Class B" Retail Intoxicating Liquor & Fermented Malt Beverage License, NS Holiday Inn Manitowoc LLC, for Holiday Inn, 4601 Calumet Ave; recommending to approve the request 25-0563 approved Pass ▶ jump to 22:18
21. 20 2nd Qtr. 2025 Claims Report from City Attorney's Office; recommending to accept and place on file 25-0564 accepted and placed on file Pass ▶ jump to 23:13
22. 21 Second Amendment to the City of Manitowoc TID No. 22 Development Agreement with River Landing Developers LLC 25-0565
23. 7. Closed Session ▶ jump to 24:05
24. 23 Notice is hereby given that the above governmental body may adjourn into a closed session during the meeting as authorized by Section 19.85(1)(e) of the Wisconsin Statutes, which authorizes the governmental body to convene in closed session for the purpose of deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business, whenever competitive or bargaining reasons require a closed session. The specific subject matter that may be considered in closed session is:
25. 24 Second Amendment to the City of Manitowoc TID No. 22 Development Agreement with River Landing Developers LLC 25-0565
26. 8. Reconvene In Open Session reconvene in open session Pass
27. 26 Second Amendment to the City of Manitowoc TID No. 22 Development Agreement with River Landing Developers LLC 25-0565 discussed Pass
28. 9. Adjournment adjourned Pass
29. 28 In accordance with the requirements of Title II of the Americans with Disabilities Act (ADA), the City of Manitowoc will not discriminate against qualified individuals with disabilities on the basis of disability in its services, programs, or activities. If you need assistance or reasonable accommodations in participating in this meeting or event due to a disability as defined under the ADA, please call the City Clerk's office at 920-686-6950 or the City’s ADA Coordinator at (920) 686-6990 or e-mail cityattorney@manitowoc.org at least 48 hours prior to the scheduled meeting or event to request an accommodation. For additional assistance, individuals with hearing or speech disabilities can call 711 and be connected to a telephone relay system.