Minutes 09-14-09S (2)
PROCEEDINGS OF THE CITY COUNCIL
CITY OF JANESVILLE, WISCONSIN
SPECIAL MEETING APPROVED: September 28, 2009
SEPTEMBER 14, 2009
VOL. 60
NO. 16
Special meeting of the City Council of the City of Janesville held in the Municipal Building
on September 14, 2009. The meeting was called to order by Council President Truman at
5:00 PM.
Present: Council President Truman, Councilmembers Brunner, McDonald, Perrotto,
Rashkin, Steeber, and Voskuil.
Review of Potential Items and Projects in the 2009 Note Issue
City Manager Levitt provided the Council with a proposed three-year borrowing schedule
for various City projects. Financial Consultant Carol Wirth discussed current market
conditions, projected that the City may be able to borrow at a 3.3% interest rate, and stated
that the City’s promissory notes would be bank qualified.
Director of Administrative Services Winzenz reviewed the proposed 2009 Note Issue
recommended projects in the amount of $14,180,000, not recommended projects in the
amount of $7,226,000, the project ranking matrix, and unexpended Note proceeds
schedule.
The Council asked various questions and requested the following information:
Councilmember Perrotto requested that the Administration re-inspect the repairs made to
the riverwall; Councilmember McDonald requested a list of maintenance projects for all
public buildings; Councilmember Brunner requested a list of repairs made to the Rockport
Facility and the remaining balance for this project.
By consensus, the Council added the following projects for consideration in the proposed
2009 Note Issue: new Fire Station #1, downtown acquisitions, neighborhood improvement
acquisitions, Skate Park, building maintenance projects and new Ice Arena.
Matters Not on the Agenda
None.
Councilmember Steeber moved to adjourn, seconded by Councilmember Perrotto and
passed unanimously.
There being no further business, the Council adjourned at 6:33 PM.
These minutes are not official until approved by the City Council.
Jean Ann Wulf
Clerk-Treasurer