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Record of Proceedings

City of Monroe Finance and Taxation Committee Meeting - March 23, 2026

Common Council & Commissions — Monday, March 23, 2026
BodyMonroe, Wisconsin
SessionCommon Council & Commissions
DateMonday, March 23, 2026
StatusFILED
Video Record
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Transcript — Verbatim
0:01

Okay, it's 5 32.

0:03

We will call the finance and taxation committee to order.

0:07

Um will the clerk please take the roll call?

0:09

Alder Truehart?

0:11

Here.

0:11

Alder Tolman here.

0:12

Alder Schaefer.

0:13

Here.

0:14

And Alder McGuire.

0:15

Here.

0:16

Okay.

0:16

All are presents present.

0:18

Are there any corrections of the March 9th, 2026 minutes?

0:26

Hearing none, those will stand as written.

0:29

For this meeting, we will have uh three orders uh in closed session, and then we'll reopen again to discuss with possible action for those closed discussions closed discussion topics.

0:45

So the first order of um business closed 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 a closed session.

1:05

So the first order of business is consideration of letter of interest to purchase property, uh five-acre parcel in the North Industrial Park.

1:15

The second order in closed session will be discussion regarding failure to meet purchaser obligations in the 2016 Race Covic development agreement for land purchase and development in the North Industrial Park.

1:29

And third order of business and closed session will be consideration of county and farm lease terms.

1:37

I just need a motion, please.

1:41

Motion to go into closed, second.

1:44

Well motion and a second.

1:46

We'll uh we'll take a roll call vote, please.

1:50

Alder Truehart.

1:51

Aye, holder Tolman.

1:53

Aye, holder Schaefer, aye, and Alder McGuire.

1:56

Aye.

1:59

All right, we uh we'll move into closed session.

Discussion Breakdown — Share of Meeting
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Summary of Proceedings

City of Monroe Finance and Taxation Committee Meeting - March 23, 2026

The Finance and Taxation Committee met on Monday, March 23, 2026, at 5:32 PM in the City Hall Council Chambers. The meeting included a closed session for three confidential business items, followed by open session actions. All four members (Heidi Treuthardt, Richard Thoman, Matt Sheaffer, Dylan McGuire) were present. The meeting adjourned at 6:04 PM.

Consent Calendar

  • The minutes from the March 9, 2026 meeting were accepted as presented without correction.

Public Comments & Testimony

  • None were recorded.

Discussion Items

  • The committee entered closed session at 5:34 PM under Wisconsin Statute 19.85(E) to discuss:
    • Consideration of a letter of interest to purchase a 5-acre parcel in the North Industrial Park.
    • Discussion regarding failure to meet purchaser obligations in the 2016 Raskovic Development Agreement for land purchase and development in the North Industrial Park.
    • Consideration of farm lease terms along CTH N.
  • The committee returned from closed session at 6:01 PM.

Key Outcomes

  • Raskovic Development Agreement: A motion (by Sheaffer, seconded by McGuire) to recommend to the Common Council for approval of an action related to the developer's agreement passed unanimously (4-0).
  • Letter of Interest to Purchase City Property: No action was taken on the letter of interest for the 5-acre parcel.
  • Farm Leases Along CTH N: A motion (by Sheaffer, seconded by McGuire) to recommend to the Common Council for approval of the farm lease terms passed unanimously (4-0).

Meeting Transcript

Okay, it's 5 32. We will call the finance and taxation committee to order. Um will the clerk please take the roll call? Alder Truehart? Here. Alder Tolman here. Alder Schaefer. Here. And Alder McGuire. Here. Okay. All are presents present. Are there any corrections of the March 9th, 2026 minutes? Hearing none, those will stand as written. For this meeting, we will have uh three orders uh in closed session, and then we'll reopen again to discuss with possible action for those closed discussions closed discussion topics. So the first order of um business closed 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 a closed session. So the first order of business is consideration of letter of interest to purchase property, uh five-acre parcel in the North Industrial Park. The second order in closed session will be discussion regarding failure to meet purchaser obligations in the 2016 Race Covic development agreement for land purchase and development in the North Industrial Park. And third order of business and closed session will be consideration of county and farm lease terms. I just need a motion, please. Motion to go into closed, second. Well motion and a second. We'll uh we'll take a roll call vote, please. Alder Truehart. Aye, holder Tolman. Aye, holder Schaefer, aye, and Alder McGuire. Aye. All right, we uh we'll move into closed session.

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