On March 9, 2026, the City of Monroe Finance and Taxation Committee met at City Hall Council Chambers. The meeting was called to order at 6:20 PM (40 minutes later than the advertised start time of 5:40 PM). All four committee members were present: Heidi Treuthardt, Dylan McGuire, Richard Thoman, and Matt Sheaffer. The entire substantive business was conducted in a closed session under Wisconsin Statute 19.85(E) to discuss purchasing, investing, and bargaining matters. No public comments were taken, and no decisions were publicly announced beyond procedural motions.
All three agenda items were considered in a single closed session from 6:21 PM to 7:25 PM:
So at 620, I'll call the finance and taxation committee to order. Will the clerk please take the roll call? Alder True Hart? Here. Alder Tolman. Here. Alder Schaefer. Here. And Alder McGuire. Here. Are there any correction of the corrections to the February 23rd, 2026 minutes? Hearing none, those will stand as written. Our first three orders of business are for closed session. Business close 19.85E, deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business whenever competitive or bargaining reasons require closed session. So the first order of business is discussion regarding failure to meet purchaser obligations in the 2014 Racekovic Development Agreement for Land Purchase and Development in the North Industrial Park. The second order of business will be doing a closed session is consideration of two letter of intents to purchase city property in the North Industrial Park. And last um it'll be consideration of terms to incentivize residential development and TID 9. I just need a motion. Motion to go into close. Second. Well motion and a second, it'll take a roll call vote. Aye. Alder Schaefer. Aye. And Alder McGuire. Aye. And just to mention we'll likely um be adjourning in closed session then as well.