 I'd like to call to order the 8th meeting of the 2015-2016 Common Council with a clerk Please read our quote for today. Thank you mayor Eventually all pieces fall into place until then laugh at the confusion live for the moment and know that everything happens for a reason Thank you very much. Would the clerk then please call the roll for the meeting 14 present and all them and Todd Wolf is excused Please stand and join me for the Pledge of Allegiance The flag of the United States of America in to the Republic for which it stands one nation under God Indivisible with liberty and justice for all Next item on the agenda is the approval of the minutes from our last council meeting Alderman Hammond Thank You mr. Mayor move to approve second. Thank you for that motion and support is there any discussion on the minutes Seeing none all those in favor, please signify by saying aye. Aye opposed motion passes Next to move on to resignations City Attorney there are two the first is from Alderperson David van Akron reads Good morning mayor due to ongoing time in scheduling conflicts I will not be available to continue to represent my district Therefore, I hereby resign my position as district to Alderperson effective today Tuesday July 7 2015 respectfully David van Akron The second is from Dale Feld and it reads due to a severe medical condition. I'm unable to continue participation with the Board of Housing Appeals And he goes on to it with some other discussion about that and other things Apologizes for the inconvenience and says my best to everyone Dale Feld Thank you very much Alderman Hammond. Thank you, mr. Mayor. I move to accept and file second Thank you for that motion and support any discussion seen none You have my comment go ahead Alderman Hammond. Thank you, mr. Mayor I just like to thank each of those individuals for their service to the community and wish them the very best as they go forward in their future endeavors Thank you for those comments Any other discussion Seeing none all those in favor accepting the resignations, please signify by saying aye. Aye opposed motion passes I'd also like to just let the public know that The vacancy in the second district includes words four five six seven eight nine And anyone living in that district may submit a letter and a resume to the city clerk by Friday July 31st And the council will be voting on Monday August 3rd to fill the vacancy Next we'll go on to item one point five appointments Thank you the first one from the mayor honorable members of the common council I hereby submit the following appointments for your consideration all the person Todd Wolf to be appointed to the following committees to fill The unexpired term of Eldenburg finance and law and licensing and Then addition that's signed by the mayor additionally honorable members of the common council I hereby submit the following appointment for your consideration Roy clues to be considered for appointment to the joint review board as the LTC Representative to fill the unexpired position of Cindy dross whose term expires on April 30 2016 also signed by the mayor Alderman Hammond. Thank you. Mr. Mayor first. I move to suspend the rules second. Thank you for that motion is any objection to suspension See none, please proceed. Thank you move to confirm second. Thank you for the motion in support. Is there any discussion? Seeing none with the clerk, please call the roll for passage 14 eyes Motion passes Next we'll go on to public forum city clerk. We have one person this evening Henry Keptilo Evening Henry, could we have your home address, please? Yes, that's 1619 North 38th Street Okay, I'd like to thank the mayor and council members Also, I'd like to thank Chad Palachek we forwarded him a poster for our brat fry that we had this Saturday and he put it up on the city website and We did get quite a bit of number of people out there So we thank you for supporting the gateway and for Chad for putting that up and Disseminating that information out. I know I emailed some other people in the city. So and I'd like to thank them Also the chief chief. Thank you for stopping and thank you for your donation Thank you for supporting the gateway neighborhood association This the police department has been exceptional and supporting our gateway neighborhood association the reason I came today was We submitted a proposal to the mayor's leadership cabinet and we did get approved for the development of a business association for the gateway neighborhood association and I'm pretty sure for all of you who don't know the boundaries for the gateway. It's we have President is from superior to Ontario and from 9th Street to Erie Avenue and We're we're primarily going to be concentrating on Michigan Avenue because we'd like to Formalize that and get that pretty good start there and then expand but we will have a representative from the other Quarters which would be superior here on and Ontario and Erie will have one person that will try to get for that The we were already getting quite a bit of support. In fact, I've I've heard from a number of people Some good and some things that They'd like the city to look at so at your first meeting there. You'll probably get a year full so Nothing real bad, but things that they're they got wish list of things they want so Would like to concentrate the city to do so but in addition to that we have supported the the Michigan Avenue Business Corridor and in fact on August 8th So everybody knows we are going to be having a sidewalk sale for Michigan Avenue and If you drove down Erie Avenue right on the corner of Erie right down the street from Burgership Burger or Burger King you can see two banners one is You can see it from from Erie Avenue. The other one is on 13th Street and the banners are from the Gateway Neighborhood Association and Michigan Avenue Sidewalk sale August 8th, and it's regular business hours. So we're hoping that People come down and shop and for everybody out in the audience in the city that we'd like to have them come and shop at the Michigan Avenue. I know some of the businesses are going to be Doing some special promotional things. I talked to trilling hardware They're going to be putting are like a $25 or 25% discount on certain items under $25 in support of it And other items that they're going to he said at rock bottom price. So we're asking people to come and shop on Michigan Avenue and In addition to that on August 8th, we are also having a family block party. That's for the Gateway Area and Again, it's going to be a family-oriented effect event We're doing in conjunction with Remedy and Pastor Bob Abel There's going to be a lot of activities for children a lot of games. We'll have a dunk tank We'll have a bouncy house. We'll have a lot of Other games that we'll have Also, if You're interested we have positions opening for the dunk tank. So anybody that wants to Get dunked please get a hold of me You can call me on my cell phone 9124067. We're looking for anyone In fact, we're looking for volunteers. So if you'd like to get dunked, please give me a call so the Family activity that we're going to have is it's no alcohol. It's basically just for promoting for business or for The families in the area. I know in the past we had a Block party on Michigan Avenue. That was more for entertainment and one of the reasons that we wanted the business association was because Yes We wanted them involved because a lot of the businesses said you know what I wish I would have liked to have known Before some of the things and whatever so this year. We said, you know what let's get them together and they're saying yes We'll help you plan it. So we're looking forward to next year that we will again apply for a Street festival and at that festival it is going to be more for entertainment And like we did last year or the previous year where we will serve beer, but We we did a pretty good job last year. I know the chief was there and we we definitely want to Support all the businesses in that area. So again, remember that date August 8th Regular business hours, please come and shop on Michigan Avenue. Thank you very much Thanks for all you're doing them with the Gateway neighborhood Henry and the rest of your board Next we'll move on to mayors announcements Just want to remind everybody about the Measefields Lakeshore weekend that's coming up this Thursday Friday and Saturday at South Pier district and We also want to remind you about our senior activity center. They're having a Christmas in July craft fair on July 21st and 22nd from 9 to 3 at the senior center on 428, Wisconsin Avenue Then we'll go on to the Consent agenda that which includes items 2.2 through 2.10 Mr. Mayor I move to accept and file all RO's accept and adopt all reports of committee and put all resolutions and ordinances upon their passage Second. Thank you for that motion and support. Is there any discussion on the motion? Seeing none with a clerk, please call the roll for passage on the Consent agenda 14 eyes Motion passes next over move on to reports of officers items 3.1 through 3.12 will be referred to various committees Under resolutions Items 4.1 through 4.4 will again be referred to various committees Under reports of committees item 5.1 is an RC by financed whom was referred Resolution number 49 of 1415 by Alderman Hammond awarding the sale of 4,310,000 in general obligation promissory notes Alderman Hammond. Thank you, Mr. Mayor, I'd also like to take 5-2 with that Complementary document that's okay. Very good 5-2 is the 2.375 taxable Geo refunding bonds that were part of this deal and I've moved to accept and adopt and put the resolution upon its passage Second. Thank you for that motion and support Carol worth our bond council is here if anyone has any questions on this The Alderman Hammond I've moved open to Florida Carol worth. Okay Carol, please step up Okay, good evening, thank you for the opportunity to appear before you The council would be considering two resolutions tonight of both of them are to award the sale of notes and bonds that The city issued in the municipal bond market today. We went to the bond market and took bids One issue was for four million three hundred and ten thousand dollars That is for two person two purposes one is to finance part of the city's capital improvement plan It's about three million dollars. The other is to refinance Existing city debt just to save money because interest rates are lower Existing debt is outstanding about three point three five to three point eight five percent The other issue for two million seven hundred and thirty five thousand is a taxable issue And that is being issued strictly for the purpose of refinancing existing taxable debt That's outstanding at five point seven percent So the process is to prepare a full disclosure document called an official statement We distribute that in the marketplace. We also go to Moody's investor service for a bond rating And I'm very pleased to inform you that Moody's investor service has Reaffirmed the city's double a to bond rating very very high quality bond rating. So congratulations With that information distributed into the bond market we then take bids and so this morning was the time when the bids were submitted and Sheboyka was very very well received in the bond market. We actually received 10 bids for the note issue and seven bids for the bond issue and That's that's very unusual. You normally get about four or five So you are very very well received in the marketplace the note issue the four million dollar issue was purchased by firm called BOSC ink basque ink and that is the trading desk of the old M&I Bank and Their winning bid is a true interest rate of a one point six eight percent Okay, and a part of the issue that was done for refinancing the savings generated was 41,193 Dollars and that's net savings. That's net after the cost of issuance Okay, the taxable issue the two million three seventy five We took seven bids The winning bidder was from a firm called Raymond James and associates and they're out of Florida and Their true interest rate was a one point three three percent. It's a it's a shorter issue It only goes out three years where the other one goes out nine years So the net and that issue was done strictly for interest savings So again the net savings on that issue was a hundred and seventy nine thousand eight hundred and seventeen dollars So your action tonight would lock in those interest rates The city does not receive the money until August 4th, but you are no longer at risk for a market movement Okay, your action tonight locks in the rates So you receive the money in August You deposit part of that into your project account for your capital improvement projects And the rest of the money goes into debt service and is used to pay off your existing debt Some of it will be paid off on October 1 and the taxables will be paid off on November 1 So there's certain notices required to be given to the existing bond holders And we will assist the city with disseminating those notices Carol, thank you very much for that report. Are there any questions? Thank you very much. Okay. Thank you very much under discussion Alderman Jose Thank You mr. Mayor Are we voting on these separately or together? Excuse me. I think two meetings ago we these were together I mean, but are we voting on today separately or together the two different right now the motion is keeping the two of them together Is there any further discussion on the motion? Seeing none with a clerk, please call the roll for passage 13 eyes one no Motion motion passes And with that it's official The next item on the agenda is 5.3, which is an RC by finance to whom is referred resolution number 51 of 1516 Alderman by Alderman Hammond authorizing and entering into a contract with Sheboygan County for Upgrade and replacement of our radio equipment for city departments Alderman Hammond Thank You mr. Mayor move to accept and adopt and put the resolution upon its passage second Thank you for that motion and support under discussion Alderman borne Thank You mayor I read over the document and unless I missed it somewhere else I was just wondering what the amount is that were For the contract or entering into the with the county Alderman Hammond Can the administrator Please give us a report on that jim Thank you very much Anything else alderman borne? Thank you. Okay Any other discussion Seeing none will a clerk please call the roll 5.3 14 eyes Motion passes item 5.4 will be referred to the public protection and safety committee And under ordinances item 6.1 will be referred to the city planning commission And under matters laid over item 7.1 is a resolution Number 46 of 1415 by alderman hammond kath Carlson and donahue authorizing the transfer of appropriations in the 2015 budget for the wave attenuation Study at the harbour centima rena alderman hammond. Thank you mr. Mayor. I'm going to put the resolution upon its passage second Thank you for that motion and support. Is there any discussion on the motion? Seeing none will the clerk please call the roll for passage 14 eyes motion passes Other matters city attorney We have 1 8.1 is an ro from the city clerk submitting various license applications For the period ending december 31st 2015 and june 30 2017 That'll be referred to the law and licensing committee Alderman hammond Thank you. Mr. Mayor. I move to adjourn second. Thank you for that motion and support All those in favor of adjourning Please signify by saying aye. Aye opposed We stand adjourned