900 Quay Street
Manitowoc, WI 54220
City of Manitowoc
Meeting Minutes
Finance Committee
Monday, May 20, 2024
1. Call to Order
2. Roll Call
6:00 PM
Council Chambers / Virtual (via Zoom)
5 - Brey, Reckelberg, Sitkiewitz, Schlei and Norell
Present:
3. Public Comment
Finance Committee Chair Alderperson Brey 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. Discussion and Action Items
Scope of Engagement Re: Proposed Issuance of Approximately $17,800,000
City of Manitowoc (the "City") Sewerage System Revenue Bonds, Series 2024
(Clean Water Fund Loan)
Moved by Reckelberg, seconded by Sitkiewitz, to authorize the City to sign the
engagement letter. The motion carried by the following vote:
5 - Brey, Reckelberg, Sitkiewitz, Schlei and Norell
Aye:
Agreement with WI DOA for Wisconsin Help for Homeowners Program
Moved by Norell, seconded by Schlei, that this Agreement be entered into with
the WI DOA. The motion carried by the following vote:
5 - Brey, Reckelberg, Sitkiewitz, Schlei and Norell
Aye:
MFRD Capital Equipment Purchasing Plan Reallocating
Moved by Reckelberg, seconded by Schlei, to approve the changes to the MFRD