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www.ci.verona.wi.us City of Verona City Hall – 111 Lincoln Street Verona, WI 53593-1520 MINUTES JOINT REVIEW BOARD ANNUAL MEETING June 1, 2026 The meeting was called to order by City of Verona Mayor Luke Diaz at 1:00 p.m. Roll Call: City of Verona Mayor Luke Diaz, Dane County Treasurer Adam Gallagher, Verona Area School District Representative Chad Wiese, Madison Area Technical College Sylvia Ramirez and Public Member Gary Rockweiler. Also present: City of Verona Administrator Jamie Aulik, City of Verona Finance Director Brian Lamers and Todd Taves from Ehlers. Appointments: Motion was made by Sylvia Ramirez and seconded by Adam Gallagher to appoint Gary Rockweiler as the Public Member Representative. Motion was made by Adam Gallagher, seconded by Sylvia Ramirez to appoint Luke Diaz as Chair. Motion carried. Approval of minutes from June 24, 2025, Joint Review Board meeting: Motion was made by Adam Gallagher, seconded by Sylvia Ramirez to approve the minutes from June 24, 2025, Joint Review Board. Motion carried. Tax Incremental District Project Plan Amendment: Review Responsibilities of the Join Review Board: Todd Taves went through the responsibilities of the Join Review Board to Create and Amend TID’s. Review and Discussion on Draft Project Plan Amendment: Todd Taves discussed TID 8 project plan amendment to increase project cost from the original plan of $18.4 million to $46.1 million or an increase of $27.7 million. The estimated increase to the value would be estimated at another $90 million. He stated there would be no boundary changes. He went though the project additions including infrastructure that would be borrowed for. The plan estimated close date then would be 2036 from the required close date of 2038. Review of the Annual PE-300 Reports and the Performance and Status of the Active Tax Increment Districts as require by Wis. Stat. 66.1105(4m)(f): Todd Taves went over each of the TIF Reports for each District and answered any questions. Approval of Resolution Acknowledging Filing of Annual Reports and Compliance with Annual Meeting Requirement: Motion was made by Gary Rockweiler, seconded by Sylvia Ramirez to www.ci.verona.wi.us approve the resolution acknowledging filing of annual reports and compliance with annual meeting requirement. Motion carried. Set Next Meeting Date: The Board decided on the next meeting date of 6/29/26 at 1:00 p.m. Adjournment: Motion was made by Gary Rockweiler, seconded by Adam Gallagher, to adjourn the Joint Review Board Annual Meeting at 1:22 p.m. Motion carried. Respectfully submitted, Brian Lamers CPA Finance Director