Finance and Taxation Committee

CITY OF MONROE FINANCE AND TAXATION COMMITTEE MINUTES DATE: MONDAY, FEBRUARY 23, 2026 TIME: 5:30 PM PLACE: CITY HALL COUNCIL CHAMBERS - 1110 18TH AVE A. CALL TO ORDER AND ROLL CALL The Finance & Taxation Committee meeting was called to order on Monday, February 23, 2026, at 6:05 PM. Present in person were Heidi Treuthardt and Dylan McGuire. Absent were Richard Thoman and Matt Sheaffer. B. CORRECTION OF MINUTES - FEBRUARY 9, 2026 The minutes from February 9, 2026, were accepted as presented. C. BUSINESS: CLOSED 1. BUSINESS CLOSED: 19.85(E) Deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business, whenever competitive or bargaining reasons require a closed session: DISCUSSION REGARDING FAILURE TO MEET PURCHASER OBLIGATIONS IN THE 2014 RASKOVIC DEVELOPMENT AGREEMENT FOR LAND PURCHASE AND DEVELOPMENT IN THE NORTH INDUSTRIAL PARK 2. BUSINESS CLOSED: 19.85(E) Deliberating or negotiating the purchasing of public properties, the investing of public funds, or conducting other specified public business, whenever competitive or bargaining reasons require a closed session: CONSIDERATION OF REQUEST FOR TID 7 FUNDING TO SUPPORT RESIDENTIAL AND SHORT TERM RENTAL DEVELOPMENT A motion was made by McGuire, seconded by Treuthardt, to entered closed session at 6:07 PM. The motion passed 2-0, by the following vote: AYES:Heidi Treuthardt, Dylan McGuire NOES:None ABSENT:Richard Thoman, Matt Sheaffer  ABSTAINED: None A motion was made by McGuire, seconded by Treuthardt, to return from closed session at 6:25 PM. The motion passed 2-0, by the following vote: AYES: Heidi Treuthardt, Dylan McGuire NOES: None ABSENT: Richard Thoman, Matt Sheaffer ABSTAINED: None D. BUSINESS: OPEN 1. Possible Action From Closed Session Regarding Developer's Agreement for Residential and Short Term Rental Development A motion was made by McGuire, seconded by Treuthardt, to approve and recommend to Common Council the developer's agreement . The motion passed 2-0, by the following vote: AYES:Heidi Treuthardt, Dylan McGuire NOES:None ABSENT:Richard Thoman, Matt Sheaffer ABSTAINED: None E. BUSINESS BY MEMBERS F. ADJOURNMENT A motion was made by McGuire, seconded by Treuthardt, to adjourn at 6:27 PM. The motion passed 2-0, by the following vote: AYES:Heidi Treuthardt, Dylan McGuire NOES:None ABSENT:Richard Thoman, Matt Sheaffer ABSTAINED: None This Committee may take any action it considers appropriate related to any item on this agenda.