Thursday, April 26th

The Common Council met at City Hall in the City of Black River Falls on January 17, 2018 at 6:00 P.M. Alderpersons Redbird, Colloton Chrest, J. Rave, M. Rave, Olson, Busse, Gearing-Lancaster, and Ross were present. Mayor Jay Eddy presided.
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It was moved by Alderperson Olson seconded by Alderperson Gearing-Lancaster to dispense with the reading of the minutes of the January 2, 2018 Common Council meeting and approve as presented. Motion carried.
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CITIZENS IN ATTENDANCE
There were no citizens in attendance.
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DEPARTMENT REPORTS
The Department Head monthly reports were reviewed. Department heads present were Todd Gomer, Kelly Bakken, Steve Peterson, Tammy Peasley, Steve Schreiber, Jody Stoker, and Brad Chown.
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The City Administrator presented to the Council details on the Debtors Plan of Reorganization for J&B Haldeman Holdings, LLC including balances, payment amounts, and the manner in which monthly interest payments are calculated.


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It was moved by Alderperson Busse, seconded by Alderperson Ross to approve the 2018 Department Officers for the Fire Department as presented. Motion carried.
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It was moved by Alderperson Ross, seconded by Alderperson Gearing-Lancaster to approve Police Department revised Policy 4.900 for the Canine Unit as presented. Motion carried.
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The Jackson County Tavern League’s request for exception to Ordinance #838 regarding taxi services and vehicles for their Safe Ride Program was discussed. The City Attorney will draft a revision for Ordinance #838 to add an exception for this type of program.
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It was moved by Alderperson Olson, seconded by Alderperson Busse to approve the application for a Class B Beer and Class C Wine Alcohol Beverage Retail License for Mr. Pita located at 24 North Water Street. Motion carried.
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It was moved by Alderperson Busse, seconded by Alderperson J. Rave to reject the application for a Class B Liquor Alcohol Beverage Retail License for Mr. Pita located at 24 North Water Street due to lack of an available license. Motion carried.
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It was moved by Alderperson Olson. Seconded by Alderperson Colloton Chrest to approve RESOLUTION 2018-01 – A resolution to refinance the Lallapalooza loan for $308,000 with the Jackson County Bank at an interest rate of 2.61% for a term of 4 years. Motion carried.
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CITY OF BLACK RIVER FALLS RESOLUTION 2018-01
A RESOLUTION TO REFINANCE LALLAPALOOZA LOAN
WHEREAS, The City of Black River Falls, Jackson County, Wisconsin (“City”), is presently in need of funds aggregating $308,000.00 for the public purpose of paying a balloon payment due on a loan for Infrastructure for the Lallapalooza Development; and
WHEREAS, The city previously secured a loan with the Jackson County Bank (“Loan #73240”) for this project; and
WHEREAS, Loan #73240 has a balloon payment of $395,342.05 due on January 19, 2018; and
WHEREAS, The City plans to make an annual payment of $87,342.05 on Loan #73240 on January 19, 2018 using funds levied for debt service as part of the 2018 City Budget; and
WHEREAS, the Council deems it necessary and in the best interest of the City that, pursuant to the provisions of Section 67.12(12), Wisconsin Statutes, the sum of Three Hundred Eight Thousand Dollars and No Cents($308,000.00) be borrowed for such purpose upon the terms and conditions hereinafter set forth:
NOW, THEREFORE, BE IT RESOLVED that for the purpose hereinabove set forth, the City, by its Mayor, and City Administrator, pursuant to section 67.12(12), Wisconsin Statutes, borrow from the Jackson County Bank, Black River Falls, WI (“Lender”), the sum of $308,000.00, and, to evidence such indebtedness, said Mayor and City
Administrator shall make, execute and deliver to the Lender for and on behalf of the City the promissory note of the City,in the said principal amount with interest at the rate of Two and Sixty-One Hundredths percent (2.61%) per annum for a term of 4 years with annual principle and interest payments of Eighty-Two Thousand One Hundred Sixty-Three Dollars and Thirty-Two Cents ($82,163.32) with first payment due in 2019.
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It was moved by Alderperson Busse, Seconded by Alderperson Gearing-Lancaster to approve RESOLUTION 2018-02 as revised – A resolution to refinance the unfunded pension loan for $271,000 with the Black River Country Bank at an interest rate of 2.94% for a term of 5 years. Motion carried.
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CITY OF BLACK RIVER FALLS RESOLUTION 2018-02 A RESOLUTION TO REFINANCE THE UNFUNDED PENSION LOAN
WHEREAS, The City of Black River Falls, Jackson County, Wisconsin (“City”), is presently in need of funds aggregating $271,000.00 for the public purpose of a balloon payment due on a loan for Unfunded Pension; and
WHEREAS, The city previously secured a loan with the Jackson County Bank (“Loan #73251”) for this project; and
WHEREAS, Black River Falls Municipal Utilities reimburses the City for 50% of the annual payment; and
WHEREAS, Loan #73251 has a balloon payment of $333,368.64 due on January 19, 2018; and
WHEREAS, The City plans to make an annual payment off $62,368.64 on Loan #73251 on January 19, 2018 using funds levied for debt service as part of the 2018 City Budget; and
WHEREAS, the Council deems it necessary and in the best interest of the City that, pursuant to the provisions of Section 67.12(12), Wisconsin Statutes, the sum of Two Hundred Seventy-One Thousand Dollars and No Cents ($271,000.00) be borrowed for such purpose upon the terms and conditions hereinafter set forth:
NOW, THEREFORE, BE IT RESOLVED that for the purpose hereinabove set forth, the City, by its Mayor, and City Administrator, pursuant to section 67.12(12), Wisconsin Statutes, borrow from the Black River Country Bank, Black River Falls, WI (“Lender”), the sum of $271,000.00, and, to evidence such indebtedness, said Mayor and City Administrator shall make, execute and deliver to the Lender for and on behalf of the City the promissory note of the City, in the said principal amount with interest at the rate of Two and Ninety-Four Hundredths percent (2.94%) per annum for a term of 5 years with annual principle and interest payments with the first payment due in 2019.
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It was moved by Alderperson Colloton Chrest, seconded by Alderperson Gearing-Lancaster to submit a counter offer to the Mickelson offer to purchase vacant land owned by the City adding the restrictions outlined in the City’s original proposal. Motion carried.
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The Vouchers, City Treasurers Report, and Revenue & Expense reports for December 2017 will be presented when year-end entries are complete.
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It was moved by Alderperson Redbird, seconded by Alderperson Olson to adjourn. Motion carried.
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A. Brad Chown
City Administrator