08-212-1995S PROCEEDINGS OF THE CITY COUNCIL
CITY OF JANESVILLE, WISCONSIN
Special Meeting
August 21, 1995
Vol. 46 APPROVED 9-11-95
No. 12
Special meeting of the City Council held in the Municipal Building August 21, 1995.
The meeting was called to order at 6:00 p.m. by Council President Heitzman.
Present: Council President Heitzman, Councilmembers Stehura, Brien, Noll, O'Leary and Thomas.
Absent: Councilmember Schneider.
A. Review of the Financial Condition of the City.
City Manager Sheiffer reported that the City of Janesville is in good financial conditiun. During 1994,
major improvements were made in the City's cash balances. The Water and Wastewater Utility generated a
sufficient rate of return which will keep rates at their current levels. The Health Insurance Fund has
adequate retained earnings which will allow the City to freeze the 1996 health insurance premiums at the
1995 rates.
In addition, the City Manager stated the finances of TIF #3 and the Special Assessment Fund need to be
closely monitored. The new Burger King project will improve TIF #3 finances and the 1995 note issue will
cover the unfunded 1994 special assessment expenditures.
B. Review of July 1, 1994 - June 30, 1996 Goals, Objectives and Priority Projects.
City Manager Sheiffer reviewed the Goals, Objectives and Priority Projects with the Council. The Council
discussed the various projects. Councilmember Stehura requested that a cost estimate be included with the
proposed projects in order for the Council to understand the extent of the project. Councilmember
Schneider arrived at 7:10 p.m.
C. Review of Proposed Transit Transfer Center.
City Manager Sheiffer stated there is an operational need to build a new transit transfer center in
downtown Janesville. The administration has analyzed several sites for the proposed center and is ready to
proceed with this project upon the approval of the City Council. By consensus, the Council agreed to
proceed with the project and to schedule a closed session to discuss the potential sites.
D. Budget Format for Leisure Services.
By consensus, the City Council agreed to cornbine the Recreation and Aquatics budgets.
E. Review of 1996 - 2000 Capital Program.
City Manager Sheiffer presented the 1996-2000 Capital Program to the City Council. The Council asked
various questions and requested that the document be placed on file.
There being no further business, the Council adjourned at 8:03 p.m.
These minutes are not official until approved by the City Council.
Jean Ann Wulf
City Clerk