070901 CC WS Min
.
.
.
CITY OF SHOREWOOD
CITY COUNCIL WORK SESSION
MONDAY, JULY 9, 2001
5755 COUNTRY CLUB ROAD
COUNCIL CHAMBERS
8:30 P.M. or immediately following
Regular Meeting
MINUTES
1. CONVENE WORK SESSION MEETING
Mayor Love convened the meeting at 8:45 P.M.
A.
Roll Call
Present:
Mayor Love; Councilmembers Garfunkel, Lizee, Turgeon, and Zerby; Administrator
Dawson; Attorney Keane, Engineer Brown; Finance Director Burton; and Planning
Director Nielsen
Absent:
None
B.
Review Agenda
Mayor Love reviewed the Agenda, noting it would be helpful, if Council agreed, to be able to discuss
Item 2 prior to Item 3. Council agreed.
2. Discussion on 2002 Budget Preparation (This item was discussed as Item 3).
Finance Director Burton reviewed information pertaining to the Legislative efforts toward taxation this
year. Also, she reviewed information regarding levy limits, obligations, and alternatives to be considered
when beginning to prepare the 2002 Budget.
Mayor Love stated he appreciated the work of staff in helping to find ways to move forward economically
to maintain expectations of services provided to residents.
3. Economic Development Authority (This item was discussed as Item 2).
Attorney Keane provided background information regarding the formation of an Economic Development
Authority (EDA) for the City of Shorewood. He noted an EDA was a corporation the City may form for
a variety of purposes, most often used as a financing entity. Information regarding public notices and
public hearings would be required as part of this process. A brief discussion ensued regarding levy limits,
reverse referenda, and the EDA as potential revenue sources.
4. Adjourn
Turgeon moved, Lizee seconded, adjourning the Work Session Meeting of July 9, 2001, at 8:59 P.M.
Motion passed 5/0.
RESPECTFULLY SUBMITTED,
Sally Keefe,
Recording Secretary
Woody Love, Mayor
/.
awson, City Administrator