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121806 CC SP Min CITY OF SHOREWOOD CITY COUNCIL SPECIAL MEETING MONDAY, DECEMBER 18, 2006 5755 COUNTRY CLUB ROAD CITY COUNCIL CHAMBER Immediately Following EDA meeting MINUTES 1. CONVENE CITY COUNCIL SPECIAL MEETING Mayor Love called the meeting to order at 6: 18 p.m. A. Roll Call Present: Mayor Love; Councilmembers Callies, Lizee (arrived at 6:33 p.m.), Turgeon, and Wel1ens (arrived at 6:38 p.m.); Administrator Dawson B. Review Agenda Without objection from the Council, Mayor Love proceeded with the Agenda for the Meeting. 2. CONSENT AGENDA - Motion to approve items on Consent Agenda & Adopt Resolutions Therein: Mayor Love reviewed the Items on the Consent Agenda. A. City Clerk's License Approvals B. Agreement and Contract for Building Inspection Services C. Approval of the Verified Claims List Motion passed 3/0. 3. NEW BUSINESS A. Resolution approving_all agreements related to Shorewood EDA Series 2007 A and Series 2007B Refunding Bonds Administrator Dawson introduced the item. He noted the Council's prior resolution to authorize the sale of refunding bonds for the West public safety facility, provided that certain minimum net savings were achieved. Earlier in the evening, the EDA had awarded the sale of bonds and the net savings was approximately 25 percent higher than the minimum. In accordance with the resolution for preliminary authorization of the bonds, the Council needed to adopt a resolution approving all agreements related to its role as lessee in the documents for the Refunding bonds. Callies moved, Turgeon seconded, Adopting RESOLUTION NO. 06-106, "A Resolution Giving Final Approval to Issuance fo Refunding Bonds (Series 2007 A and Series 2007B) Related to Certain Public Safety Facilities and Agreements Related Thereto. Motion Passed 3/0. CITY OF SHOREWOOD COUNCIL MEETING December 18,2006 Page 2 of2 4. EXECUTIVE SESSION - CITY ADMINISTRATOR PERFORMANCE REVIEW Mayor Love recessed the Council into executive session at 6:28 p.m. to discuss the City Administrator's performance review. The City Administrator was present. Councilmember Lizee arrived at 6:33 p.m.. Councilmember Wel1ens arrived at 6:38 p.m. Mayor Love ended the executive session at 6:58 p.m.. 5. OTHER There was no other business. 6. ADJOURN Wellens moved, Callies seconded, Adjourning the Special City Council Meeting of December 18, 2006, at 6:59 P.M. Motion passed 5/0. RESPECTFULLY SUBMITTED, Craig Dawson, Recorder Cb~ u;: ATTEST: Christine Lizee, Mayor