The Finance and Taxation Committee of the City of Monroe met on Monday, May 11, 2026, at 5:10 PM in City Hall Council Chambers. The meeting was called to order by the Chair, with roll call confirming all four members present: Alder Truehart, Alder Tolman, Alder Schaefer, and Alder McGuire. The minutes from the April 27, 2026 meeting were approved without correction.
The committee voted unanimously to enter closed session under Wisconsin Statute 19.85(E) for two items: consideration of a notice of claim submitted to the City of Monroe, and discussion regarding an extension of an option to purchase land in Tax Increment District (TID) 9. The motion to go into closed session was made, seconded, and passed with a 4-0 roll call vote. No open session business beyond the closed session vote was conducted before the transcript ended.
All right, it's uh 510. We'll call the finance and taxation committee to order or the clerk please take the roll call. Alder Truehart? Here. Alder Tolman here. Alder Schaefer? Here. And Alder McGuire. Here. Are there any corrections to the April 27th, 2026 minutes? Hearing none, those will stand as written. Um, first two orders of business are in closed session. Um, and then we will be uh be coming back in after those with that discussion back into open session. So 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 bargaining reasons require closed session. Uh the first one is consideration of notice of claim submitted to the city of Monroe, and the second order of business is discussion regarding extension of option to purchase purchase land in TID 9. So I just need a motion to go and a second to go into closed session. I'll make a motion to go into closed second. Motion and a second. Will the roll call vote please? Alder Truehart? Aye. Alder Tolman. Aye. Alder Schaefer. Aye. And Alder McGuire. Aye. All right, we're in closed session.