City Council Minutes 06-26-2017 SpecialMINUTES
SPECIAL MEETING — MONTICELLO CITY COUNCIL
Monday, June 26, 2017 — 5 p.m.
Academy Room
City Hall - Monticello Community Center
Present: Brian Stumpf, Jim Davidson, Bill Fair, Charlotte Gabler, Lloyd Hilgart
Absent: None
Others: City staff. Jeff O'Neill, Wayne Oberg, Angela Schumann, Shibani Bisson, Rachel
Leonard, Tom Moores, Sarah Rathlisberger, Tracy Ergen, Matt Theisen, and Jim
Thares
Others: Jim Eichten, MMKR
1. Call to Order
Mayor Brian Stumpf called the special meeting to order at 5 p.m.
2. 2016 Audit Review
Wayne Oberg, Finance Director, gave a presentation previewing the 2016 Financial
Audit that Eichten, MMKR, will present at the Council meeting. He commended his
staff for their work and participation in the audit. Additionally, he, along with Mr.
Eichten, MMKR, noted that the cost of the audit has decreased over the years due to the
Finance Department staff's efforts and their participation in the audit.
Mr. Oberg discussed interfund loans and the efforts taken to reduce the number. There
have been no interfund loans for the last five years. He also commented on the
investment horizon and the fact that the city should limit the number of long term
investments. Both Mr. Oberg and Mr. Eichten commented on the improvement of the
city's financial state over the last five years.
3. Review Street Projects CIP and Financing
Shibani Bisson, WSB/City Engineer, gave a presentation on the Capital Improvement
Plan (CIP) 2018-2022. Ms. Bisson noted that the purpose of the workshop was to
provide information on future projects, such as construction timing and financing, and
receive feedback and direction from the City Council. The Fallon Avenue Overpass is
scheduled for 2018. Bonding for the project assumes the recommended $5 million per
year maximum bonding threshold per the Finance Director. Because of this, other
projects, such as Chelsea Road, were listed to take place later than 2018. Mayor Stumpf
expressed that he would like to see that project done sooner. If the project is completed
the following year, individuals in this area would see two years of road projects. There
were two individuals who were invited to speak at the meeting. Mark Coady, 9205
Country Ave., and Mike Larsen, 733 MN Street. These individuals both commented on
the need for improvements to Chelsea Road. After some discussion among the City
City Council Special Meeting Minutes — June 26, 2017
Council, there was consensus to direct staff to prepare authorization for a feasibility study
in regard to Chelsea Road improvements.
4. Adjournment
By consensus the meeting was adjourned at 6:15 p.m.
Recorder: Jennifer Schreiber
Approved:
Attest:
eit4Wmmistrator
City Council Special Meeting Minutes—June 26, 2017