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HomeMy WebLinkAboutExecutive Committee - Agenda - 1/14/2003117 East Fifth Street ▪ Washburn, WI 54891 ▪ markaa@bayfieldcounty.org Phone 715-373-6181 ▪ FAX 715-373-6183 BAYFIELD COUNTY EXECUTIVE COMMITTEE MEETING John J. Blahnik Kenneth Jardine Harold Maki Marco Bichanich, Vice-Chair Brett T. Rondeau-Chair Delores Kittleson Dear Committee Members: This letter is written to inform you of the Bayfield County Executive Committee Meeting scheduled for Tuesday, January 14, 2003 at 10:00 a.m., in the County Board Room of the Bayfield County Courthouse, Washburn, Wisconsin. The agenda for this meeting is as follows: AGENDA 1. Call to Order; 2. Motion Regarding Minutes of December 20th Executive Committee Meeting; 3. Unfunded Pension Loan Bid Tabulation and Resolution: Invitations to bid were sent to the five authorized county financial institutioins. Bids for re-financing of the unfunded liability will be opened during the meeting and tabulated. Savings to County based on low bid are anticipated to be approximately $2,000,000 over the next 24 years. The proposal is to put down $544,000 in excess revenue to get to a $1,000,000 loan amount over ten years. We planned to make payments in the amount of $100,000 in 2003, which we already budgeted for. Steve Apfelbacher with Ehlers said that once you borrow $1,000,000 or more legal opinions are required. He suggested putting this year’s budgeted amount into our down payment. That converts to a $900,000 loan payable over 9 payments beginning next year and a down payment of $644,000 the first year. Office of the Bayfield County Administrator Mark Abeles-Allison 117 East Fifth Street ▪ Washburn, WI 54891 ▪ markaa@bayfieldcounty.org Phone 715-373-6181 ▪ FAX 715-373-6183 4. Bayfield County Economic Development, Performance Standards. See attached sheet. 5. Human Service Risk Reserve. Peppy and I have spoken about this several times. Attached is a letter from Peppy making this request. We are proposing increasing our reserve from $200,000 to $275,000 an addition of $75,000. This would allow us to be more aggressive in eliminating waiting lists. Right now there is some apprehension as we allocate funds because there is a chance that we will be hit with a large claim. I would recommend we set aside these funds out of the excess revenue funds in 2002. At the end of November 2002 revenues exceeded expenditures by $600,000. We will have a better idea of where for 2002 at the meeting. Expenditure of these funds would still require board authorization. 6. Other Actions and Reports: • Superior Days, Tuesday night suite, $50 contribution • Jail Project • Superior Days (Legislative issues documentation attached) • Direct Deposit (Lag Time, Implementation) 7. May enter in and out of Executive Session pursuant to Wisconsin Statute 19.85(1) (C ) for the purpose of conducting an employee performance evaluation. Bill Kacvinsky will present a summary of comments received by County Supervisors. Attached is a letter from Mark requesting a 2-year contract extension. 8. Adjournment. Should you have any questions in the meantime, please do not hesitate to contact my office. Sincerely, Mark Abeles-Allison Mark Abeles-Allison Bayfield County Administrator 117 East Fifth Street ▪ Washburn, WI 54891 ▪ markaa@bayfieldcounty.org Phone 715-373-6181 ▪ FAX 715-373-6183 MAA/kak Enc. cc: Mr. Thomas J. Gordon, Bayfield County Clerk Mr. William Bussey Bayfield County Board of Supervisors Ms. Kathryn J. Prenn Bayfield County Department Heads Mr. Mark Van Vlack Mr. Jim Radke, BCEDC The County Journal, via fax The Daily Press, via fax