900 Quay Street  
Manitowoc, WI 54220  
www.manitowoc.org  
City of Manitowoc  
Meeting Minutes  
Finance Committee  
Tuesday, February 3, 2026  
5:30 PM  
Council Chambers / Virtual (via Zoom)  
1. Call to Order  
2. Roll Call  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Present:  
3. Public Comment  
Finance Chair Alderperson Sitkiewitz declared the meeting open for public  
comment. In accordance with policy, the public comment portion of the meeting  
is not made part of the official record.  
4. Presentations  
Presentation by Brad Viegut from Robert W. Baird & Co. Inc. on City's 2026  
Debt Financing Plan  
26-0072  
Attachments: 2026 Debt Borrowing Presentation 02.03.26  
5. Consent Agenda  
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  
Approval of the Consent Agenda  
Moved by Reckelberg, seconded by Schlei, to accept the Consent Agenda Items  
and recommendations of the various committees. The motion carried by the  
following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Minutes of January 6, 2026 Finance Committee meeting, recommending  
approval and place on file  
26-0073  
Attachments: 1-6-2026 Finance Committee Minutes  
4th Qtr. 2025 Internal Controls To Prevent and Detect Fraud Report,  
26-0074  
recommending approval and place on file  
Attachments: 4th Qtr 2025 Internal Controls Report  
4th Qtr. 2025 Investment Report, recommending approval and place on file  
26-0075  
Attachments: Q4 2025 Investment Reconciliation  
6. Discussion and Action Items  
Hearing on Denial of Taxicab Drivers License application (TD-2603) for P.  
Murphy  
26-0076  
Attachments: P. Muphy Taxicab App Appeal Hearing from City Clerk  
Moved by Schlei, seconded by Reckelberg, that this Application be approved  
pursuant to WI State Statute 111.335. The motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Resolution Authorizing the Issuance and Establishing Parameters for the Sale  
of not to Exceed $22,500,000 General Obligation Promissory Notes  
26-0077  
Attachments: Manitowoc, C of - 2026 GOPNs - Parameters Resolution (2-16-26)  
Moved by Reckelberg, seconded by Dunbar, that this Resolution be approved.  
The motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Scope of Engagement Re: Proposed Issuance of $22,500,000 City of  
26-0078  
Manitowoc (the "City") General Obligation Promissory Notes (the "Securities")  
Attachments: City of Manitowoc - Scope of Engagement 2026 GOPNs  
Moved by Reckelberg, seconded by Schlei, that this Scope of Engagement be  
approved. The motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Application of "Class B" Retail Intoxicating Liquor & Fermented Malt Beverage  
License (TAX-2541A), Izumi Sushi & Asian Fusion LLC, 50 Maritime Dr.  
26-0079  
Attachments: TAV-2541A  
Moved by Dunbar, seconded by Schlei, that this Application be approved. The  
motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Request from Department of Tourism for issuing a credit card, with a limit of  
$10,000, for online advertising costs  
26-0080  
Attachments: Memo to Finance from Tourism re_Advertising Credit Card  
Digital Ads 2026  
US Bank Credit Card Holders Proposed  
Moved by Reckelberg, seconded by Dunbar, that this Request be approved. The  
motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Request from Roncalli High School to rescind invoices 0600937 and 0575526  
26-0081  
Attachments: Email from Tourism Director re_Roncalli Invoices  
Roncalli Invoices Past Due  
Moved by Schlei, seconded by Dunbar, that this Request be approved. The  
motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Request from the Chief of Police to increase credit card limits from $2,000 to  
$5,000 for the Assistant Chief, Deputy Chief and Training LT.  
26-0082  
Attachments: Email from Chief of Police re_Credit Card Limit Increases  
US Bank Credit Card Holders Proposed  
Moved by Reckelberg, seconded by Dunbar, that this Request be approved. The  
motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Agreement with Open Meeting Technologies, LLC for Meeting Management  
Software for Council Meetings  
26-0083  
Attachments: Open Meeting Software Agreement  
Moved by Reckelberg, seconded by Schlei, that this Agreement be approved.  
The motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
US Department of Housing and Urban Development (HUD) Community Project  
Funding Grant (B-24-CP-WI2349) for $625,000; $625,000 from HUD with $0  
Local Match  
26-0084  
Attachments: B-24-CP-WI-2349_FY24_CPF_Grant_Award_Letter_of_Invitation  
B-24-CP-WI-2349_FY24_CPF_Grant_Agreement  
Moved by Reckelberg, seconded by Dunbar, that this Agreement be approved.  
The motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Wisconsin Economic Development Corporation (WEDC) Brownfields Grant  
Grant (BF FY26-54638) for $250,000; $250,000 from WEDC with minimum  
$250,000 Local Match  
26-0085  
Attachments:  
54638-FY26-Final Contract for Execution-BF-CDA of the City of  
Manitowoc-20260129  
Moved by Reckelberg, seconded by Dunbar, that this Agreement be approved.  
The motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Resolution Authorizing Submission of the FY2026 WDNR Federal Recreation  
26-0086  
Trail Program (RTP) Grant to support the River Point District trail  
Attachments:  
Resolution Authorizing Application of WI DNR Recreational Trail  
Progam Grant- Final  
Moved by Schlei, seconded by Reckelberg, that this Resolution be approved. The  
motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
7. Closed Session  
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)(a) of the Wisconsin  
Statutes, which authorizes the governmental body to convene in closed session for  
the purpose of deliberating concerning a case which was the subject of any judicial  
or quasi-judicial trial or hearing before that governmental body.  
The specific subject matter that may be considered in closed session is:  
Two Year Operators License (#250326) for M. Garcia  
26-0087  
Attachments: M Garcia Operator2YR #250236  
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:  
Potential Purchase of River Point Drive Lots 1 & 2  
26-0088  
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)(g) of the Wisconsin  
Statutes, which authorizes the governmental body to convene in closed session for  
the purpose of conferring with legal counsel for the governmental body who is  
rendering oral or written advice concerning strategy to be adopted by the body with  
respect to litigation in which it is or is likely to become involved.  
The specific subject matter that may be considered in closed session is:  
L25-00118 Braun Building Center, Inc claim against the City >$5,000  
26-0089  
Attachments:  
Letter to City of Manitowoc and CDA re Notice of Relocation Claim  
w_Exhibits - 52261869.1  
Moved by Reckelberg, seconded by Schlei, that this meeting be convened in  
closed session. The motion carried by the following roll call vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
8. Reconvene In Open Session  
Moved by Reckelberg, seconded by Dunbar, that this meeting be reconvened in  
open session. The motion carried by the following roll call vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Two Year Operators License (#250326) for M. Garcia  
26-0087  
Attachments: M Garcia Operator2YR #250236  
Moved by Reckelberg, seconded by Schlei, to recommend approval of this  
Application pursuant to WI State Statute 111.335. The motion carried by the  
following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
Potential Purchase of River Point Drive Lots 1 & 2  
26-0088  
26-0089  
Moved by Reckelberg, seconded by Dunbar, to approve staff to accept & sign the  
offer to purchase and enter into negotiations of a term sheet and development  
agreement. The motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye:  
L25-00118 Braun Building Center, Inc claim against the City >$5,000  
Attachments:  
Letter to City of Manitowoc and CDA re Notice of Relocation Claim  
w_Exhibits - 52261869.1  
No action taken  
9. Adjournment  
Moved by Dunbar, seconded by Schlei, that this meeting be adjourned. The  
motion carried by the following vote:  
5 - Sitkiewitz, Schlei, Reckelberg, Dunbar and Brey  
Aye: