Board of Trustes meeting to
order. Uh with roll call. Trusty Johnson
>> here.
>> Trusty Greavves
>> here.
>> Trusty Owens
>> here.
>> Trusty Woods
>> here.
>> Trusty Edelin
>> here.
>> Um and President Montgomery and Trustee
Thompson are excused. Uh if everyone
could stand for the pledge of
allegiance, please.
I pledge allegiance to the flag of the
United States of America and to the
republic for which it stands, one nation
under God, indivisible, with liberty and
justice for all.
Before we get to public comments, uh we
have our village president and our vice
chair absent tonight. Um, so I would ask
for the village board to make a motion
for uh someone to preside over the
remaining part of the meeting.
I'd like to go ahead and make the motion
that we have the most senior person on
the board serve as chair for this
meeting, which would be
trusty Owens.
>> Is there a second?
>> Second.
>> Any other discussion?
All in favor? I
>> any opposed?
>> Okay, Trusty Owens, you have the floor.
>> First of all, I want to say thank you to
having
Okay, the next thing on the agenda
is uh item number three, please be heard
by heard.
>> Yes, there are three. Uh first, Rob
Gilbert, 8041 North Cedarberg Road.
I guess the building. You only got two
minutes. Three.
[laughter]
>> I just wanted to see if you knew.
>> Okay.
>> I'm actually speaking for Jim and me
tonight, but we're going to take turns.
>> So, um, thanks for listening. Two weeks
ago, we sent an email to all the board
members about our concerns regarding
subsidized housing in the village. Um,
in that email that you read, we were
shocked to find that Arnold Village is
now over 33%
subsidized low-income housing as a total
units. Um, city of Milwaukee is half
that number.
So, in our opinion, high concentrations
of low-income housing place a lot of
burdens on schools, on the police, on
community services,
not to mention the adverse impact on our
financial demographics, and our desire
to attract new businesses.
Adding even more will almost certainly
derail the work that's being done to
enhance our convention, get new
businesses to counter.
Uh, we've opened our gates to more than
enough low-income housing over the
years. I think we're super saturated
with it. In addition to our own hundreds
of subsidized apartments, we are boxed
in on the south and the west by many
other affordable housing apartments. And
the latest news, which you probably have
heard, is that two large apartment
complexes just to our west, which are
St. James Place and Arbor Ridge totaling
374 units are now slated to be converted
to lowincome units despite the uh city
of Milwaukee County Council not
approving it and that in and that was
led by alder person Loressa Taylor.
Um, but the Beverly Hills, California
based developer, which is called Bedford
Affordable Holiday, circumvented the
city of Milwaukee by finding a loophole
in the state of Wisconsin. So, almost
375 more units on their way to being
subsidized housing right next door to
us.
We strongly encourage you to implement a
moratorum on any more subsidized housing
units in the village for any age group,
for families, for uh seniors, for any
age group, either new construction or
conversions
or plans begin for the Hansen storage
site.
Thank you.
Uh, next is Jim Farmer, 841 North
Cedarberg Road.
>> Thank you. Good evening. Um, I wanted to
I'm here to present an issue um for
consideration and I but before you just
want to acknowledge because I don't want
Matthew to think that I'm circumventing
you because you've been very responsive
and I'm going to tell you that I
appreciate everything.
So, um, what I wanted to talk about is
that as many of you probably know, Rob
and I and other volunteers pick up trash
almost daily. We have found that every
construction site, every road
construction sites or road repair site
is treated as a landfill by the workers
on these projects. They throw all their
beverage containers and food wrappers
all around the site and boarding
bordering vegetation as well as empty
their pop tubes, their insulation and
all this other debris. It's all thrown
around. A lot of the lightweight debris
becomes airborne and ends up elsewhere
or is crushed by passing cars. We assume
that the village has some sort of
ordinance to prevent this behavior and
if not we should write one. The
challenge is also to find a way to
monitor and enforce that the sites be
kept clean with ample penalties if
necessary. Recently, I walked down the
Tatonia Road project picking up trash. I
found over two dozen bottles alone
thrown in the vegetation under railroad
tracks. I picked up along there six bags
of trash and debris. And that was just
on the east side the project. The west
side I didn't even get to. On Monday,
August 10th, I picked up a full bag of
trash from the roundabout to the
community center because of that road
project. And then on Thursday, August
13th, I picked up eight bottles and food
packages at an unrelated road repair
site at the Metro Storage on Antonio.
Now, we've also had our volunteers pick
up trash resulting from the JFS Wooddale
project, the Townole project, and also
when they started tearing down Target.
Dozens of bags and debris have been
collected. And before Target and those
new apartments are started, I hope we
can have a process in place. I actually
hope a solution to be found which will
keep the village clean and not turning
into a landfill. I feel that we need to
have these sites weekly inspected and
finds assessed after a certain number of
warnings. Thank you.
>> Thank you.
And lastly, Michael Jansen, 8184 North
44th Street.
[clears throat]
My wife and I did buy a house in Brown.
We moved a house into Brown 47 years
ago. We are concerned with the increase
in apartment development in the village.
What is the benefit to the homeowners?
Will our taxes increase to cover added
police, fire, and school needs?
What is wrong with affordable homes or
sidebyside town houses and future
developments?
What is the ratio of homes to apartments
in Brown compared to other comm
communities? What is the long range plan
for housing in Brown?
We need to find a reasonable solution to
these questions. Thank you very much for
your time.
That's it.
Sure.
So move down to
» I'm good.
» Was it the course?
>> No, it was just me.
There's no comments or questions on the
uh elected official or office staff.
Just going to be
>> Yes.
>> Uh before we move on to the consent
agenda, I just want to take a moment to
publicly recognize Nate Petroski. This
is going to be Nate's last uh village
board meeting after well over 20 years
working for the village of Brown Deere.
Um, as I talk with people, you know,
especially managers and other
professionals, municipal government,
Nate's established a regional and even
statewide reputation
as being one of the most gifted
community development directors in the
state of Wisconsin and it he's he's had
his hands in a lot of things in Brown
Deere and a lot of the momentum we have
today is all things because of Nate. So,
uh, we wanted to take a moment just to
recognize Nate. Nate's had a little fun
joke uh where he want
about Nate's way and having a street
named after him. Well, one of the going
away presents
You can put that in your office to
[laughter]
>> Thank you.
>> But Nate, this is a a letter from the or
card from the board and on behalf of
everyone, we're going to miss you and
don't be a stranger. I
>> will not appreciate it. Thank you.
Any final words before?
[laughter]
I I do not have prepared remarks. I uh I
long have joked about uh having a street
name, but uh I really have valued all of
the time that I've spent in Browner.
It's tough to leave. I will miss the
community. Uh it has a special place in
my heart. I think we've been able to
achieve with multiple boards and various
staff members throughout these few
decades a lot of awesome uh and powerful
redevelopment. And I think the
foundation's been laid here. There's a
great team that remains that can help
see a lot of this through to completion.
And I will uh definitely kind of keep an
eye out for Braum Deere. I'm not far
away and happy to uh help and assist if
there's anything uh that I can do uh
once I'm not here or if there's just
simple questions uh moving forward. So
um I I really really thank you all and
uh we'll we'll miss Brown here.
>> Thank you.
Okay, next moving on to item five which
is consent agenda
to consideration of the minutes and
approval of professional services
agreements.
Are there any questions or comments?
Seeing none and we move to approve the
consent agenda.
>> I move we approve the consent agenda.
>> Second.
>> Okay. Moved and seconded that we approve
the consent agenda. All those in favor
say I. I.
>> Any oppos?
It passes.
Okay. Next on to item six which is the
new new business.
>> [clears throat]
>> Item A is present and accept for 2025
annual comprehensive with schools.
>> Christina, you want to take it away?
>> Sure. Sounds good.
>> Thank you for your time this evening and
for allowing me to present your audit
results for your fiscal year ended
December 31st, 2025 uh financial
information. My name is Christina Dmer.
I'm a CPA with Lauderbach and Aean. Many
of you have seen me present on the
villages audit before and I'm happy to
report that we are completed with the
audit process and um have the annual
financial report, your board
communication letter and then um uh a
management letter as well. And you know
just to start the presentation I'm going
to go over what our you know targeted
finalization and goal is for a municipal
village audit in Wisconsin. You know the perfect timeline would be as it is
before you here and I think historically
the village of Brown Deere has normally
finalized the audit in August uh which
also works within your schedule to get
it ready for board preparation. Um, so
I'm happy to show that we are in line
with that timeline and we'll continue to
um make progress in getting the audit to
finalize as soon as possible
um in future years as well. However, I
do think that this, you know, late July,
early August timeline works for you as a
village and has over the past several
years. And I know we were a little bit
later the past couple of years. So, I'm
happy that we are back on track. Um, the
one thing that is in your financial
statements that is really large numbers
that I kind of want to get out of the
way is the Wisconsin retirement system
information. And I just want to make
sure that you're aware as a trustee that
as long as the village is making uh
contributions into that plan, the
village is not on um you know on notice
to to fund it and to make sure that it's
managed. It's the state that takes care
of that and we are in one of the best
managed retirement systems in the
country. So, as long as we are paying
in, even though there's some big numbers
in your, you know, governmentwide
financial statements, um, it's really
well managed and well funded. So, we
shouldn't have to worry about retirement
for our employees. So, that's just
something I wanted to get away and get
out of the way right up front. Um, and
on top of the annual financial report,
we also have board communication letters
that we present. And I'm happy to report
that for the third time that we've been
working together, the village does not
have a SAS 115 letter, which means we
did not have any material weaknesses or
significant deficiencies to report. Um,
we do issue a SAS 114 letter, which is
your board communication. That's just
jargon. tells you what the audit is
about and the fact that management is
responsible for the financial
information and we're responsible for
the audit opinion that tells you that
it's accurate. Um, so that's just jargon
and the biggest piece of that letter for
you to think about is that if there were
any difficulties or disagreements
encountered with management, we would
have to note them there and we don't
have anything noted. Um, and sorry about
that. That's a typo there for fiscal
year ended December 31st, 2025. And then
we didn't have a SAS 115 letter. So
again, another piece of good news. The
management letter that we provide for
management to review is more of a
housekeeping letter. So there's some
minor comments there that we're
continuing to work on addressing with
the villages management. Um the biggest
things to report there is the bank
wrecks are um expected to and um have
been working better in 2026 due to some
staffing changes. And then um the
biggest uh item there is to address some
negative fund balances and capital
improvement and debt service funds which of course management is also aware
of. And so as you look at that through
your budget process that's upcoming
there um may be some detail about that
as well. However, the rest of the
comments are, you know, related to
policies and things of that nature that
we don't really need to dive into in
detail here and management continues to
work with us on implementing those
comments of a detailed nature.
And as I mentioned, I'm happy to report
we officially dated the report August 6,
2026.
And you got, as always, a clean opinion,
which is technically termed an
unmodified opinion. Um, and you know, as
I mentioned, we are just right on time
to where where you had been uh many
years ago and then had some turnover in
the finance realm. So now we're back on
track and I'm happy to report that we're
back on track and we'll continue to be
working to um get this to be completed
faster and faster as the upcoming years
continue. Um the clean opinion states
that management is responsible of course
for the financial statements. So
management prepares the trial balance.
We audit the trial balance and then the
result is this opinion before you that
tells you that the line items that are
presented in this report are fairly
presented in accordance with generally
accepted accounting principles.
If we look at sort of the summary of the
highlights of your annual financial
report, if you will, obviously the
biggest one is um things that happen in
the general fund. So on page 12, you've
got this resource flow statement for the
general fund. So all of your revenues
and expenditures, your resource inflows
and outflows, and you had a net increase
in fund balance reported of 289,000 with
an ending accumulated fund balance of
9.2 million. As a portion of that, 6.5
million is non-spendable for advances to
other funds and a portion of it is
restricted and detailed on page 48 for
police donations that occurred and the
remainder is unassigned in the amount of
2.5 million. do have a policy that
states that your general fund fund
balance should cover 15% of your
budgeted expenditures and currently that
2.5 million is within those parameters.
Um so that again is is a target that is
a positive to continue maintaining in
order to weather any you know future
fluctuations in the economy and uh cash
flow fluctuations that could occur as a
result of that.
Uh the budgetary schedule then for the
general fund can be found on page 72. So
that's going to flow into your next
budget period as you begin that in this
um September October time frame.
The other uh sort of highle thing that
I'd like to look at in annual financial
report is how your utilities are doing.
And the biggest indicator of that is uh
your statement of cash flows to see
whether or not what you are charging for
your services is able to cover your
operating activities. Um so as you can
see the only one that's in the negative
a little bit is the sewer utilities. So
if um you know fi finance department
suggests any increases in your sewer uh
charges for services and your fees that
may be as a result of the cash flows
that we're noting here in 2025
not completely covering your sewer
operations. Um but for storm water and
water uh things still look steady. So um
you know this is a very small 115,000
uh negative balance there and you know
as long as you keep an eye on it and
make sure that uh that doesn't continue
to grow you should still be d you know
trending in the right direction there
but it is something to keep an eye on
for the sewer utility there. Um and then
uh the last part of your financial
statements is really the notes which
show you uh a summary of the significant
accounting policies and basically how we
determine how certain things are
reported in the financial statements.
And then there's a lot of detail on the
line items in the financial statements
in greater detail like all of your
capital assets, you know, did you add
new roads and that sort of thing. Um,
and then your long-term debt as well.
It's all detailed in the footnotes.
There wasn't anything uh significant
that really popped out this year for us
to um, you know, show you on a separate
slide, but of course those financial
statements are all available to you as
well. And if you have any questions
about how anything is determined or the
detail in the financial statements, I'm
here tonight and also available to you
after the meeting as well. Um but as I
mentioned the overall result is your um
unmodified audit opinion and this year's
other years we have found the finance
department to be uh very easy to work
with. Derrick's got a great team over
there and especially with some of the
new staff that have come on we can tell
that things are going to trend in the
right direction in order for him to
continue um keeping the finance
department at the highest level of
functionality. Um, I'm happy to answer
any questions if you have them at this
time. Otherwise, um, I'll I'll be going
and wish you a short meeting.
» Any questions?
» I have a question related to the timing
of the audit. You mentioned something
that August is a fine time, but it
shooting for a lot earlier time
completed. So,
What are you thinking that will fall in
line with other municipalities?
>> Um, typically, uh, municipalities are
finalizing their audit between
June through August or September as a
target. So, we're right in the middle of
that. um you're a smaller village, so I
would expect that we can continue
getting it to be earlier and earlier if
we are able to get information related
to um capital asset changes and things
like that in a more timely manner. As
and as I mentioned with the staff in
finance being built out, I think that is definitely a possibility to keep
getting this to be sooner and sooner.
However, August 6th is really really
positive. So, I don't want to downplay
that [laughter] um as a you know, as a
success that we should uh you know,
celebrate. But as an auditor, I want to
try to get you your financial statements
earlier and earlier as we continue
working together.
» Thank you.
>> I just want to make comment to you. I'm
from Milwaukee County. We used to try to
get our audience out by uh July by July,
first part of July. That way it gave you
an opportunity if there was some things
that were going on, some issues or what
had a chance to to work on. And I
appreciate uh the new u audit firm for
saying that because previous to I mean
we would lucky if we got the audit done
uh in September or even at all during
some years. So I I I appreciate you
doing that.
>> Any other
>> Thank you. We'll continue doing our best
to get it to be earlier.
With that being said,
we need a motion to uh accept the uh
2025 annual comprehensive financial
report.
I move we accept the 2025 annual
comprehensive
financial report.
Second.
>> Second.
>> It's been moved and seconded that we
accept the 2025 annual confidential
financial report. All those in favor say
I.
>> I.
Motion carries.
Next item, item B, consider approval of
a development agreement with Donut
Monster LC for restaurant and bakery at
8725
North Dearwood Drive.
See you on that introduce the uh topic
and then we also have Sarah Woods, the
owner and operator of Dut Monster on
call. Uh this proposal did go before our
plan commission was unanimously
recommended for approval. It goes
handinhand with the next item on your
agenda which is a resoning of the same
parcel. Uh as you are aware we have
accepted an offer to sell the building.
uh and Donut Monster in this particular
case uh needs to go through a process
where essentially we are pulling out
their building uh and a small amount of
land adjacent to the building out of
community square uh and our public park.
And so by doing that uh we need to
reszone their property to original
village plan development uh which is the
zoning of all the adjoining properties
in the area. And when we have the plan
development district, we need to create
a development agreement to authorize the
use. Uh that agreement is here before
you and is recommended from the planning
commission for approval. A few of the
questions that came up uh in very
limited discussion prior to approval was
uh regarding u how baking and delivery
would occur uh during later evening
hours. And uh Miss Woods described how
it was really going to be internal to
the building with limited staff and and
kind of only one delivery driver coming
and going at those late hours. So having
very minimal impact. And then there was another question about how the pizza business would operate. And
essentially uh that would be a lunchtime
through dinner element that would pick
up once the donut and bakery and
breakfast items uh stopped after the
morning hours. So uh with that we'd be
recommending uh from the planning
commission for approval of this
agreement. And then the second item uh
that you'll see on the agenda is the
reasonzoning and that really uh
similarly was uh recommended for
approval with very limited questions. It
is kind of a necessity to make this
happen.
» All right. With that being said, any
comments or questions?
» [laughter]
>> Well, I'll head to since you said no.
>> Okay.
>> Uh, I think one of the things that did
come before the bank
commission and we are excited about this
project um because I think it would
bring a breath of fresh air to that area
but also the owners have been very
involved in the development part.
There's been a number of sessions that
have been held and they have been at at
least one of them that I've been at. So,
I'm excited to have this project happen,
but I'm also more excited about tasting
your donuts. [laughter]
» Uh, I don't know about PC. I'm overd.
[laughter]
» Hi everyone, it's Sarah. I just wanted
to say thank you.
request
if not
a motion to approve
our development date.
I move we approve the development
agreement with Donna Hawker for the
restaurant and bakery at 872500
drive. Second.
>> It has been moved and seconded that we
approve the development of
restaurant bakery at 8725.
Here we come. All those in favor.
>> Any oppose.
Motion passes.
Okay. The next item is item C. Consider
approval of ordinance number 26-05
and ordinance to reszone a parcel of
land in 8725 in Dearwood Drive from E
Park to OBPD. Okay. Original build
village plan.
I think Native just commented on that.
So yes, any questions or
regards to that?
And we need a motion
to consider the approval of the
ordinance.
I'll make the motion. I move we approve
ordinance 26-09.
Uh an ordinance to reszone parcel land
at 8725 Dearwood Drive from Peart to OB.
» I second.
It's been moved and seconded that we
approve the ordinance number 26-05, an
ordinance to resc
8725 North De Park to the original
village land. All
>> in favor
roll call. I'm sorry.
>> Yeah. Point point of correction. It's 09
on the ordinance number
26.
Oops.
>> You said 06, but 09. I just want to make
sure for the Okay.
» So, we need a roll call since it's an
ordinance.
>> Correct.
>> Okay.
Johnson,
I'm sorry.
Jack,
» I
>> sorry about the names. Trusty Owens. Hi.
» I know you guys are facing everything
tonight. The names are
>> sometimes you're up on the spot. Okay.
All right. We got through
that time with that time. Uh it passes.
Okay. The next item is consider approval
of a development agreement with
Institute of Technology
and Academics for School at 8900 North
all morning.
So I just want to announce to the board
that this item will be pulled. um
they're p they pulled their application
um and won't be on the agenda tonight.
So, we can defer that item.
All right. Since that item is going to
be deferred, the next item will be item
B, consider approval of amendments to
the piece there.
So, I can uh begin here. Trusty Owens,
this is a effort to uh update the fee
schedule in light of a few items that uh
Tyler and I recognized as well as Derek.
Um as my time here was winding down,
thought it best to bring forward now uh
and not leave this kind of hanging or
outstanding for our new development
director uh when we normally update the
fee schedule in uh later towards the end
of this year. Uh all because of some
recent changes with uh BSNA, there's a
substantial increase in cost for that
software uh were in need of trying to
recoup some of that expense through
additional fee uh building permit fees.
And so the changes that are in uh the
packet this evening are tracked within
the fee schedule. Uh there are several.
The first is adding an administration
fee of 20%
to the uh fee schedule. This would be
for every permit that is issued. This is
really the effort to recoup that
additional cost that we're seeing being
passed through to us from the permitting
software BSNA. Effectively, that would
make our minimum permit fee, which is
right now $75, it would push it to $90
for all permit types. And then, of
course, as you
expend more dollars on permits at 20%
just hits proportionally. The other
change that we have is uh Kirk, our
building inspector has identified that
uh in other municipalities they have the
flexibility to
either charge a price per square foot or
commercial manufacturing building
permits or uh a dollar per value amount.
And uh what that flexibility does is it
provides the ability
to really more accurately reflect time
and material and expect of doing
inspections particularly when you have a
smaller uh development. This came to the
forefront with Seven Brew. Uh a very
small building as you've probably all
seen but still has the exact same
amounts of inspection that a building 5
six seven times as large would have. Uh
and so right now our fee uh schedule
only contemplates 35 cents per square
foot and we wind up with about uh $1,000
permit which does not really cover our
expenses. If we were to go on value, it
would be much better in terms of
covering Burk's time and resources. And
so that is uh one of the changes that
you'll see. And then there are two other
very great minor changes in that we're proposing to increase the cost for
zoning verification letters. It's
currently $50 per letter, but
recognizing that it does take a fair
amount of time to research a lot of
these inquiries back in our records.
It's more appropriate to cover staff
time, especially at benefit rate of uh
$100 is what we're proposing instead of
the $50. And hopefully that may
discourage uh the growing creep of
requests that we've had here uh that
have kind of come in uh I think taking
advantage of the the lower cost. And
then lastly uh our fee schedule
incorporated inspection hourly
inspection rates for all of our
utilities.
We've come to realize with Matthew and
city water that we really are relying
almost solely on outside contractors for
these inspection efforts and they are
charging us their normal engineering or
consultant fees which were much higher
than what we were showing in our fee
schedule. Generally, we have been at
about $50 uh per hour. And that is
woefully under what the consultants are
charging these days, probably 100 or 100
plus an hour. And so what we've elected
to do instead is simply write it into
our fee schedule as a pass through.
basically stating because we are using
these contractors are going to be
subject to the billing passed through to
you at the contract at the contracted
hourly rate. Uh that way it is not a
loss for the village as it has been uh
until now. So that's just some of the
changes. I can answer any questions that you might have or maybe Matthew or
Tyler.
Are there any questions?
Not then we need a motion to approve
amendments to the E schedule.
I move to approve the amendment to the E
schedule.
A second
move by firsty Greavves and
seconded by firsty Johnson.
All those in favor
I those oppos
motion passes.
Okay. The next item is to consider the
approval of the contract with J&H
heating to replace village hall
number one and two. They can take this.
Um we have I'll just give a brief uh
summary of how some of the mechanicals
work over here at village hall. Um there
are four total boilers that we have and
then there's also the AC chiller. Two of
the boilers are up in the police uh
section and operate the police
department. And then there's two more
down in the basement here at Village
Hall and that operates the rest of the
hall and some of the police department.
So there's two in the basement. It's
about 75% of the building and two in PD
are smaller and they operate about 25%.
Boilers are not just for heating. They
also are responsible for the air
conditioning. So the water will get sent
to the AC chiller chilled and then
what's cooling the hall right now.
These boilers in the basement, they are
about 17 18 years old. Um, they were due
for replacement. Um, and we had it
included into the CIP for 2028.
All these things instantly knew that
they were going to get replaced, right?
So, they decided to stop working sooner.
And so, we were aware of the condition.
J&H routinely will do maintenance on
them. Um, and there was a lot of repair
work that was being needed. And a
boiler, there's really like three main
components to it. It's really a tank,
right, for the water in there. There's a
heat exchanger, and then there's a
computer. So, those are kind of the the
major components. And what failed boiler
number one, the heat exchanger failed.
Um, so right now the hall is just
operating on boiler number two.
that didn't go out the other day, but we
were able to repair it. They're taking
parts out of boiler one to use as
um donor pieces to boiler number two.
Okay. Um so, at the recommendation of
J&H, they said, "Look, uh the heat
exchanger, they don't even make any uh
they would have to rig something else
up." And at that cost, he said, "You
need to replace the whole." Well, if
you're going to do boiler one, you might
as well go in there and do boiler two
right away. Um, and so it's a very large
expense, unbudgeted, unexpected, but
that's what's before you tonight. Um,
and I know Derek and Tyler were
considering there's another borrowing
that's coming up and that the village
would include this loss in that future
borrow
to pay for it.
And then two of these are proprietary to
J&H the boiler system here and J&H does
do all of the HVAC work at Village Hall
here. So that's why we have through J&H
any question.
Mr. Chair, I do have a
question related to actually financing
the project. I know it was scheduled for
2028
>> and I also see something in the notes
related to first citizen
development
>> packing up to that paid for it. you need
to kind of give me a breakdown of the
means.
>> Well, as a summary, initially we were
going to have this part of the levy in
the CIP for 28. So that uh but
understand there's only so much levy
amount that we have per year. Um and we
already set that aside
um in [clears throat] our plan for 20
well 26. We've already funded a lot of
the projects through the levy. So we
don't have that option for 26. So the
only other option is necessarily
borrowing which right for the economic
development with the Riverside Landing.
Yeah, we'll have another debt issuance
coming up. So that's really the only f
you know financial option. Uh we have
enough cash on hand that we'll be able
to make this work now. Um, and this will
just be identified as a, you know,
something like this is always a capital
fund purchase. So, it'll be something
that's funded through the capital fund.
Uh, you saw in the audited results that and the debt service are right now
in a deficit, but with the large fund
balance in the general fund, that is
well more than enough to
um to help uh the deficits in those two
funds and then some. So from an
accounting perspective, that's how you
would see it on the sheet um as a
capital fund expense. But yeah, this is
just going to be lumped in in a much
larger debt issuance package uh with the
site incorporated with the Riverside
Landing Development.
>> What is the schedule for replacement?
And is this going to happen within
months, weeks?
>> Oh, um yeah, there was no there's there
is a lead time on this. Um, I think it
was three weeks if I recall.
» So, yeah, three weeks.
>> I had a question about the warranty
final
warranty. So, how long is a warranty on
a unit like that?
>> Typically, it's three years.
>> Three years.
>> Yep. Now, is there a maintenance
agreement? Anything that you guys
include with this?
>> That's separate. Yep. So J&H right now
is um annually they do um an HVAC
preventative maintenance on it and
that's how we were first like alerted to
some of the issues with the boiler and
why we had scheduled it for replacement.
Any other comments questions?
If not, do I need a motion to approve
the contracting J&H meeting to replace
the village hall order number two?
I'll make a motion. I move to approve
the contract of J&H heating to replace
all in the village hall and authorize
staff to borrow funds in the next debt
to pay for this expense. and second
been moved by Don and seconded by Trusty
Grievous approve the contract to Jamie
cheating to person
one
include
next contract.
>> Yep. Next step the insurance process.
>> All those in favor
those opposed
motion carries.
Okay, the next item
which everybody wants to get to
[laughter]
the meeting is at 6:47.
Thanks everybody for coming.
>> Thanks everyone.