HomeMy WebLinkAboutFinance 12-16-03
ST. CROIX COUNTY
NOTICE OF COMMITTEE MEETING
TO: Chairman Buck Malick
St. Croix County Board
FROM: Ralph Swenson, Chair
COMMITTEE TITLE: Finance
DATE: Tuesday, December 16, 2003 8:30 A.M.
LOCATION: Room 1281, Government Center, Hudson
CALL TO ORDER
ROLL CALL
ADOPTION OF AGENDA
DATE OF NEXT MEETING: January 8, 2004 8:30 A.M.
ACTION ON PREVIOUS MINUTES: November 13, 2003
UNFINISHED BUSINESS:
NEW BUSINESS:
1. Recommendation to the County Board Approving Application for Loan from State Trust Fund on
behalf of WMMIC for Proposed Litigation Settlement Costs
CORRESPONDENCE:
ADJOURNMENT (Agenda not necessarily presented in this order)
COPIES TO: County Board Office News Media/Notice Board
County Clerk County Board
County Departments
* *ADDITIONS/CHANGE S/CORRECTIONS
December 11, 2003
OFFICIAL - Approved January 8, 2004
MINUTES OF THE ST. CROIX COUNTY FINANCE COMMITTEE
Special Meeting December 16, 2003
Meeting called to order by Vice Chair Krueger at 8:30 a.m. Present: Clarence Malick, Esther
Wentz, Daryl Standafer and Stan Krueger. Absent and excused: Ralph Swenson. Staff present:
Administrative Coordinator Chuck Whiting, Finance Director Michelle Pietrick and County
Clerk Cindy Campbell.
Motion by Standafer, 2nd by Wentz to adopt the agenda. Carried unanimously. Date of next
meeting is January 8, 2004. No action taken on previous minutes.
1. Recommendation to the County Board Approving Application for Loan from State
Trust Fund on behalf of WMMIC for Proposed Litigation Settlement Costs. Mike
Hoheisel of Springsted indicated he had looked into the option of applying for a loan from the
State Trust Fund on behalf of WMMIC for proposed litigation settlement costs. He indicated
WMMIC cannot borrow from the State Trust Fund directly and asked if the County could apply
for a loan. He was notified by the State late on Monday, December 15th and reported third-party
borrowing is contrary to the State's practice. This item should be removed from the December
16th County Board agenda.
Meeting adjourned at 8:53 a.m.
Esther Wentz, Secretary
Cindy Campbell, Recording Secretary