Finance Committee — Agenda

Our intention is to have in-person meetings going forward. For the time being, we will hold the City Committee Meetings, Plan Commission, Council and most others at the Community Room at 933 Michigan Avenue. This in-person location will meet the legal requirement for our open meetings. We will have a virtual option available, but the technology for the hybrid style meeting may not be reliable all of the time. AGENDA FINANCE COMMITTEE Members • Alderperson Christianson • Alderperson Shuda • Alderperson Keymer • Alderperson Guthrie • Alderperson Morrow Date and Time: July 13, 2026 7:05 PM (or immediately following previously scheduled meeting) Location: Community Room 933 Michigan Avenue, Stevens Point, WI OR Zoom Teleconferencing Meeting ID: 859 6795 5290 | Passcode: 136704 By Computer: Zoom Link By Phone: +1-312-626-6799 (US Chicago) Non-Action Items: 1. Roll Call. 2. Chairperson's opening remarks. 3. Presentation of the fiscal year 2025 financial statement audit results. 4. Discussion on an adjustment to Stormwater Utility rates. Discussion and Possible Action on: 5. Consideration of an Initial Resolution Regarding Industrial Development Revenue Bond Financing for Firecrest Aerospace, Inc. Project. Information with respect to the job impact of the project will be available at the time of consideration of the Initial Resolution. 6. Approval of a State Municipal Financial Agreement related to pavement replacement on State Highway 66. 7. Approval of issuance of a request for proposals (RFP) for professional design services related to the Portage County library's downtown location. 8. Establishing a tentative plan for closing Tax Incremental Financing (TIF) District 8 early, and utilizing the housing extension. 9. Approval of Claims Paid. 10. Adjourn into closed session (approximately 7:40 P.M.) pursuant to Wisconsin Statutes 19.85(1)(e) (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) on the following: A. Negotiating a lease agreement with the University of Wisconsin-Stevens Point Foundation, Inc. for use of the former UW Credit Union building at 809 Division St. B. Negotiating a lease agreement with Mid-State Technical College for the proposed public safety training facility and fire station #3 located on Badger Ave. 11. Reconvene for Possible Action on the above-referenced closed session items. Closing Section: 12. Adjournment PLEASE TAKE NOTICE that any person who has special needs while attending these meetings or needs agenda materials for these meetings should contact the City Clerk as soon as possible to ensure that a reasonable accommodation can be made. The City Clerk can be reached by telephone at (715) 346-1569 or by mail at 1515 Strongs Avenue, Stevens Point, WI 54481. Copies of ordinances, resolutions, reports and minutes of the committee meetings are on file at the office of the City Clerk for inspection during normal business hours from 7:30 a.m. to 4:00p.m. PLEASE TAKE FURTHER NOTICE that a quorum of the Common Council may be in attendance at this meeting.