The City of Monroe Finance and Taxation Committee met on Monday, April 27, 2026, at 5:50 PM in City Hall Council Chambers. The meeting was called to order by the Chair and included a closed session to discuss development agreements and property purchases. The committee returned to open session for two action items, approving one and taking no action on another. The meeting adjourned at 7:29 PM.
Well it's 5 50. We'll call the finance and taxation committee to order or the clerk please take the roll call. Alder true heart here. Alder Tolman here. Alder Schaefer here. And Alder McGuire. Here. Are there any corrections to the April 13th, 2026 minutes? Hearing none, those stand is written. Um we have four orders of business for closed session. Um we will um readjourn back into open session for two of two of those orders of business. So the first order is 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 the closed session. So number one, discussion regarding potential development agreements terms for reset residential developments in TID 9. Um second order of business will be consideration of a development agreement to support a residential development in TID 7. Third order business is consideration of an updated contract to purchase city property on 21st Street. Second we have a motion and second. Will the clerk please take roll call vote? Alder Truehart. Aye, Alder Tolman. Aye. Alder Schaefer, aye, and Alder McGuire. Aye. All right, we will move to closed session.